The proper accounting for the change in transaction price for equipment and installation services is:
b. Prior period adjustment to increase 2019 revenue for the full amount of change.
Since the change in transaction price occurred after the end of the fiscal year 2019, it should be accounted for as a prior period adjustment rather than adjusting the revenue for the current year. The change in transaction price affects the revenue allocated to equipment and installation services, which was recognized in fiscal year 2019. Therefore, the adjustment should be reflected in the financial statements for that year.
In this case, the revenue allocation for equipment and installation services was recognized in fiscal year 2019. Therefore, any adjustments to the transaction price should be reflected in the subsequent periods, which is 2020 in this case.
To properly account for this change, the adjustment should be allocated equally to each month in 2020, January and February, based on the proportional amount of change. This means that the adjustment should be divided equally between the two months.
The change in transaction price should be treated as a prior period adjustment, increasing the 2019 revenue for the full amount of change. This ensures that the financial statements for the relevant period accurately reflect the revised transaction price and provide a true and fair view of the company's financial performance.
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. charles has a $85,000 25-year mortgage and wants to purchase a life insurance policy that would cover any outstanding balance on the mortgage if he were to pre-maturely die, which of the following policies would be the most logical for him to purchase?
For Charles, the most logical policy to purchase would be a decreasing-term life insurance policy. This type of policy is specifically designed to cover the outstanding balance of a mortgage or other debt, and the coverage amount decreases over time in line with the decreasing balance of the mortgage.
This means that the policy will pay out enough to cover the remaining mortgage balance if Charles were to pass away before the mortgage is paid off. As the policy is designed to cover a specific debt, it tends to be more affordable than other types of life insurance policies, such as whole life or universal life insurance. With a decreasing term life insurance policy, Charles can have peace of mind knowing that his loved ones will not be left with the burden of outstanding mortgage debt in the event of his premature death.
Charles has an $85,000 25-year mortgage and wants to purchase a life insurance policy that would cover any outstanding balance on the mortgage if he were to prematurely die. The most logical policy for him to purchase would be a decreasing-term life insurance policy.
Here's why:
1. A decreasing term life insurance policy has a death benefit that decreases over time, typically in line with a mortgage balance. This means that as Charles pays off his mortgage, the coverage amount will also decrease, ensuring that the outstanding balance is covered in the event of his premature death.
2. These policies are generally more affordable than other types of life insurance policies, such as whole or level-term life insurance, making them a cost-effective option for covering mortgage balances.
3. Decreasing term life insurance policies are specifically designed for situations like Charles', providing peace of mind that the mortgage will be paid off and not become a financial burden to his loved ones if he were to pass away.
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gross private domestic investment does not include: a. spending for new houses. b. spending to build up inventories. c. spending on employee salaries. d. unintentional inventory investment.
Gross private domestic investment does not include c. spending on employee salaries.
Gross private domestic investment, which is used to calculate GDP and gauge a country's financial activity, is a measure of physical investment. This is a crucial part of GDP since it serves as a gauge of the economy's potential for future productivity.
Future productivities such as building up inventories, houses etc are all a part of the gross private domestic investment. This is because all these investments come under household and will help in generating revenue in the future.
However, employee salaries are not a part of domestic investments as they are for business purposes.
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Remember that temperature is related to the average translational kinetic energy of the particles in a substance. If a sample of neon and a sample of water contained the same number of particles, and if the same amount of heat were added to each of them, which substance would have a greater increase in temperature and why
When the same amount of heat is added to samples of neon and water containing the same number of particles, the neon sample will have a greater increase in temperature due to its monatomic nature and fewer degrees of freedom for energy distribution.
if a sample of neon and a sample of water contained the same number of particles, and the same amount of heat were added to each of them, the neon would experience a greater increase in temperature compared to water.
temperature is related to the average translational kinetic energy of the particles in a substance. in other words, it is a measure of the average energy of the particles' random motion. the specific heat capacity of a substance also plays a role in determining how its temperature changes when heat is added.
in this scenario, neon is a monatomic gas consisting of individual neon atoms, while water is a molecular compound composed of h2o molecules. the kinetic energy of a neon atom is associated with its translational motion, while in water, in addition to translational motion, the kinetic energy is also distributed among the rotational and vibrational motions of the molecules.
compared to water, neon atoms have fewer degrees of freedom to distribute the added heat energy. the heat energy added to the neon sample will primarily contribute to increasing the translational kinetic energy of the neon atoms. on the other hand, in water, the added heat energy will be distributed among the translational, rotational, and vibrational kinetic energies of the water molecules.
since the same amount of heat is added to both substances, the neon sample, with its limited degrees of freedom, will experience a greater increase in temperature. the heat energy added to neon is concentrated on increasing the translational kinetic energy of the neon atoms, resulting in a higher temperature rise.
in contrast, water, with its additional degrees of freedom due to molecular structure, will distribute the added heat energy among multiple modes of motion, resulting in a smaller increase in temperature compared to neon.
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The hardest decision in any business venture is the pricing
decision. Pricing products is tricky, it depends on various
factors, and it should ideally lead to profits. To set the correct
price, variou
Since Expected Profit is negative, unfortunately, regardless of aggressive pricing, the predicted earnings remain poor.
The company is unable to cowl its costs and could incur losses. Based on the calculations, not one of the given pricing techniques might maximize earnings for "Smart Food Company."
To calculate the anticipated sales and profits under every pricing method, we will examine the given facts and make assumptions as vital. Let's evaluate each pricing method and decide which one would maximize earnings for "Smart Food Company."
Price Skimming:
Price Skimming is an approach in which an excessive initial price is about to maximize profits from early adopters which steadily lowered over the years. Assuming that the organization implements charge skimming, we will set an initial price higher than the market rate. Let's expect the initial fee to be $12 for a 1 lb. P.C. Of nuts.
Expected Revenue = Price x Quantity Sold
Expected Revenue = $12 x 60,000 lbs. = $720,000
Expected Profit = Expected Revenue - Total Costs
Expected Profit = $720,000 - (Direct Costs + Overhead and Indirect Costs)
Expected Profit = $720,000 - ($5.5 x 60,000 lbs. + $15,000,000)
Expected Profit = $720,000 - ($330,000 + $15,000,000)
Expected Profit = -$14,610,000
Under the price skimming approach, the expected earnings are terrible. This way that the employer might incur losses due to the excessive initial price, which may additionally deter clients and bring about decreased sales.
Psychological Pricing:
Psychological pricing entails putting charges that create a notion of a decreased fee. Let's anticipate the charge is ready at $9.9 instead of $10 for a 1 lb. % of nuts.
Expected Revenue = Price x Quantity Sold
Expected Revenue = $9.9 x 60,000 lbs. = $594,000
Expected Profit = Expected Revenue - Total Costs
Expected Profit = $594,000 - (Direct Costs + Overhead and Indirect Costs)
Expected Profit = $594,000 - ($5.5 x 60,000 lbs. + $15,000,000)
Expected Profit = $594,000 - ($330,000 + $15,000,000)
Expected Profit = -$14,736,000
Similarly to fee skimming, the predicted profit is bad below psychological pricing. The decrease in price may appeal to clients, however, it is now not enough to offset the fees, resulting in losses for the company.
Bundle Pricing:
Bundle pricing includes supplying more than one product or service as a bundle at a discounted price. Since no records are supplied about bundles, let's anticipate the company creates a package of nuts and dried end result. The package consists of 1 lb. Of nuts and 1 lb. Of dried fruits and is priced at $16.
Expected Revenue = Price x Quantity Sold
Expected Revenue = $16 x 60,000 bundles
Expected Revenue = $960,000
Expected Profit = Expected Revenue - Total Costs
Expected Profit = $960,000 - (Direct Costs + Overhead and Indirect Costs)
Expected Profit = $960,000 - ($5.5 x 60,000 lbs. X 2 + $15,000,000)
Expected Profit = $960,000 - ($660,000 + $15,000,000)
Expected Profit = -$14,700,000
Once more, the predicted profit is bad. Despite providing a package deal, the pricing does not cowl the prices, resulting in losses for the agency.
Pricing Strategy of Choice:
Let's count on the enterprise adopting a Competitive Pricing approach wherein the fee is about to shape or slightly undercut the average rate of competitors. The charge is about $8.5 for a 1 lb. P.C. Of nuts.
Expected Revenue = Price x Quantity Sold
Expected Revenue = $8.5 x 60,000 lbs.
Expected Revenue = $510,000
Expected Profit = Expected Revenue - Total Costs
Expected Profit = $510,000 - (Direct Costs + Overhead and Indirect Costs)
Expected Profit = $510,000 - ($5.Five x 60,000 lbs. + $15,000,000)
Expected Profit = $510,000 - ($330,000 + $15,000,000)
Expected Profit = -$14,820,000
Unfortunately, regardless of aggressive pricing, the predicted earnings remain poor. The company is unable to cowl its costs and could incur losses.
Based on the calculations, not one of the given pricing techniques might maximize earnings for "Smart Food Company." Given the poor expected income under all eventualities, it is crucial to revisit the prices, overhead, and indirect expenses to identify areas for optimization.
Additionally, opportunity pricing techniques or a combination of strategies can also need to be considered to find a more appropriate method for maximizing income.
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How does the law of demand affect consumers
Answer:
The law of demand is an economic principle that states that consumer demand for a good rises when prices fall while conversely, consumer demand falls when prices rise. ... As a result, the price consumers are willing to pay for a good decline as their utility decreases.
Logan, Inc. Held 500 shares of treasury stock with a cost of $10 per share. In December, Logan sold 10 shares at $20 per share. The journal entry to record the sale of treasury stock using the cost method would include a (debit/credit) ________ to Treasury Stock in the amount of ________.
Answer:
Credit to treasury stock for $200
Explanation:
Based on the information given The Appropriate journal entry to record the sale of treasury stock would include CREDIT to treasury stock in the amount of $200
CREDIT to treasury stock $200
(10 shares at $20 per share)
(To record the sale of treasury stock)
GUYS PLEASE HELP ME!!!!!20 POINTS!!!!
Select the communication type that is being used in the following example.
Two co-workers near the copy machine are discussing the upcoming company meeting.
external formal communication
external informal communication
internal formal communication
internal informal communication
Answer:
exchange of information between people; the sending and receiving of messages. Communication can be separated into two groups verbal and non-verbal and again into formal or informal communications, an example of verbal and formal meaning communication is being conducted in a professional manner that's direct meaning face to face.
Explanation:
What must be done if a transaction increases the left side of the accounting equation?
Answer:
Explanation:
Neje
TRUE OR FALSE. a dependent demand item is so called because its demand is dependent on customer preferences.
FALSE: A dependent demand item is so-called because its demand is dependent on customer preferences.
The statement is FALSE. A dependent demand item is called so because its demand is dependent on the demand for other items, typically finished products, and not directly on customer preferences.
These items are usually components or raw materials used in the production process of the finished product.
The demand for dependent items is driven by the production schedule of the finished goods they contribute to, rather than the preferences of the customers directly.
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most economists agree that the immediate cause of the large majority of cyclical changes in the levels of real output and employment is unexpected changes in ___________________.
Most economists agree that unexpected changes in aggregate demand are the immediate cause of the large majority of cyclical changes in real output and employment.
Economists generally attribute the majority of cyclical changes in real output (GDP) and employment to unexpected fluctuations in aggregate demand. Aggregate demand represents the total spending in an economy on goods and services by households, businesses, and the government. When aggregate demand unexpectedly increases, it leads to an expansionary phase in the business cycle, characterized by increased production, higher employment levels, and economic growth. Conversely, unexpected decreases in aggregate demand result in a contractionary phase, marked by reduced production, lower employment, and a slowdown in economic activity.
The fluctuations in aggregate demand can be caused by various factors, including changes in consumer spending, business investment, government expenditure, or international trade. These changes can be influenced by a range of factors, such as shifts in consumer confidence, monetary policy decisions, fiscal policy changes, or external shocks.
It is worth noting that unexpected changes in aggregate supply, such as disruptions in production due to natural disasters or supply chain disruptions, can also impact real output and employment. However, most economists agree that the immediate cause of cyclical changes in the economy is primarily related to unexpected shifts in aggregate demand. Understanding and managing aggregate demand fluctuations are important considerations for policymakers and central banks in their efforts to stabilize the economy and promote sustainable growth.
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neoclassical growth theory does not emphasize how __________ contribute to growth.
Neoclassical growth theory does not emphasize how technological progress and innovation contribute to growth.
According to neoclassical growth theory, economic growth is primarily driven by the accumulation of capital (physical and human) and technological advancements. Technological progress refers to improvements in knowledge, technology, and production techniques that lead to increased productivity and efficiency in the economy. how technological progress and innovation contribute to growth.
In neoclassical growth theory, technological progress is often depicted as an exogenous factor that is assumed to occur independently of other economic factors. It is viewed as a source of productivity growth, allowing firms to produce more output with the same inputs or produce the same output with fewer inputs. This, in turn, leads to increased production, higher incomes, and economic growth.
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5. Paulie Mateja purchased a digital camera for $699.99. The store charged 4.65% sales tax. What was the camera's total pur- chase price? A $703.64 B $732.54 C $753.64 D $767.54
Answer:
B : 732.54
Explanation:
1. 4.65% over 100% times with 699.99 = 32.55
2. plus 32.55 with 699.99
Which part of effective leadership deals with maintaining equity?
Answer:
the part where you have to lead
Explanation:
11.4. Homecare Inc. has three bond issues outstanding. All three bonds pay $100 in annual interest plus $1,000 at maturity. Bond S has a maturity of five years, bond M has a 15-year maturity, and bond L matures in 30 years.
a. What is the value of each of these bonds when the required interest rate is 5 percent, 10 percent, and 15 percent?
b. Why is the price of bond L more sensitive to interest rate changes than the price of bond S?
A) To compute the value of each bond at a given rate, the following formula is used:
PV = FV / (1 + i)n + PMT × [1 – 1 / (1 + i)n] / i
Where PV is the present value, FV is the future value, PMT is the payment, i is the rate, and n is the number of years.
Bond S is a five-year bond that pays $100 in interest annually. The bond's future value is $1,000. The bond will pay a total of $1,500 in interest ($100 × 5 years) plus the $1,000 principal at maturity. The value of the bond can be calculated as follows when the required rate is 5%, 10%, and 15 percent:
PV = $1,500 / (1 + 0.05)5 + $1,000 / (1 + 0.05)5 = $1,113.28
PV = $1,500 / (1 + 0.10)5 + $1,000 / (1 + 0.10)5 = $952.38
PV = $1,500 / (1 + 0.15)5 + $1,000 / (1 + 0.15)5 = $822.70
Bond M has a maturity of 15 years and pays $100 in annual interest. The bond's future value is $1,000. The bond will pay a total of $1,500 in interest ($100 × 15 years) plus the $1,000 principal at maturity. The value of the bond can be calculated as follows when the required rate is 5%, 10%, and 15 percent:
PV = $1,500 / (1 + 0.05)15 + $1,000 / (1 + 0.05)15 = $1,017.75
PV = $1,500 / (1 + 0.10)15 + $1,000 / (1 + 0.10)15 = $666.41
PV = $1,500 / (1 + 0.15)15 + $1,000 / (1 + 0.15)15 = $451.64
Bond L has a maturity of 30 years and pays $100 in annual interest. The bond's future value is $1,000. The bond will pay a total of $3,000 in interest ($100 × 30 years) plus the $1,000 principal at maturity. The value of the bond can be calculated as follows when the required rate is 5%, 10%, and 15 percent:
PV = $3,000 / (1 + 0.05)30 + $1,000 / (1 + 0.05)30 = $1,225.03
PV = $3,000 / (1 + 0.10)30 + $1,000 / (1 + 0.10)30 = $317.20
PV = $3,000 / (1 + 0.15)30 + $1,000 / (1 + 0.15)30 = $126.34
B) The price of a bond is more sensitive to interest rate changes when the bond has a longer time to maturity. As a result, bond L is more sensitive to interest rate changes than bond S. When interest rates rise, bond prices decline, and when interest rates fall, bond prices rise. Because bond L has a maturity of 30 years, its price will fluctuate more than bond S, which has a maturity of five years, as interest rates fluctuate.
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PLEASE HURRYYYY THIS IS DUE RIGHT NOW 20 POINTS
Please select the word from the list that best fits the definition Fossil fuels are the only cause of global warming. Absolute or Qualified?
Answer:
absolute
Explanation:
cause oils from mine feilds an certain refreshners cause global warming
Answer:
Absolute
Explanation:
Match the following.
1 .
probate
a person who has died
2 .
intestacy
directs medical personnel to withhold or withdraw “heroic measures” or life-support
3 .
beneficiaries
a document that states the decedents wishes for the distribution of his/her assets
4 .
decedent
a document that gives legal rights to a designated person to handle your financial affairs and make and manage your health care decisions in the event that you can no longer do so
5 .
will
formal permission from a constituted authority to do a specific thing
6 .
living will
a contract renting land, property to another for a specified period of time and payment
7 .
durable power of attorney
persons designated as the recipients of funds or other property under a will, trust, insurance policy, etc.
8 .
lease
the state of having not made a will at death
9 .
license
an instrument for measuring distances traveled by an automobile
10 .
odometer
the official proving of a will as authentic or valid in a court
Answer:
Explanation:
1. Decedent: a person who has died
2. Living will: directs medical personnel to withhold or withdraw “heroic measures” or life-support.
3. Will: a document that states the decedents wishes for the distribution of his/her assets
4. Durable power of attorney: a document that gives legal rights to a designated person to handle your financial affairs and make and manage your health care decisions in the event that you can no longer do so.
5. License: formal permission from a constituted authority to do a specific thing.
6. Lease: a contract renting land, property to another for a specified period of time and payment
7. Beneficiaries: persons designated as the recipients of funds or other property under a will, trust, insurance policy, etc.
8. Instetacy: the state of having not made a will at death
9. Odometer: an instrument for measuring distances traveled by an automobile
10. Probate: the official proving of a will as authentic or valid in a court
An evaluation and unbiased opinion of the accuracy of a firm's financial statements can be obtained after a(n) ______ audit.
An evaluation and unbiased opinion of the accuracy of a firm's financial statements can be obtained after an indepenfent audit.
What is independent audit?
An independent audit can be described as the examination of the financial records, as well as the accounts, business transactions, accounting practices, as well as the internal controls of a charitable nonprofit by an "independent" auditor.
It should be noted that the evaluation and unbiased opinion of the accuracy of a firm's financial statements is oner od the thing that can be associated to the indepenfent audit.
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Stacy's Dress Shop received a $1,190 Invoice dated July 22 with 4/10, 3/15,n/60 terms. On August 05, Stacy's sent a $256 partial payment (If more than one discount; assume date of last discount ) What credit should Stacy'$ receive? (Round your answer t0 the nearest cene ) Credit What Is Stacy's outstanding balance? (Round your answer t0 the nearest cent: ) Outstanding balance
Stacy's Dress Shop should receive a credit of $12.52. The outstanding balance for Stacy's Dress Shop is $921.48. To calculate the credit and outstanding balance, we need to understand the terms of the invoice.
The terms "4/10, 3/15, n/60" indicate that if the invoice is paid within 10 days, a 4% discount can be applied. If the payment is made within 15 days, a 3% discount can be applied. Otherwise, the full amount is due within 60 days. In this case, Stacy's Dress Shop made a partial payment of $256 on August 05. Since this payment was made after 10 days from the invoice date, the 4% discount is no longer applicable. Therefore, the credit should be calculated based on the remaining balance after the discount. To calculate the credit, we subtract the partial payment of $256 from the original invoice amount of $1,190, which gives us $934. Then, we subtract the 3% discount from $934, which is $28.02. Therefore, the credit that Stacy's Dress Shop should receive is $934 - $28.02 = $905.98. Rounded to the nearest cent, the credit is $12.52. The outstanding balance is calculated by subtracting the credit from the original invoice amount. Therefore, the outstanding balance for Stacy's Dress Shop is $1,190 - $12.52 = $1,177.48. Rounded to the nearest cent, the outstanding balance is $921.48.
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the point where the long-run aggregate supply curve intercepts the horizontal axis is
The point where the long-run aggregate supply (LRAS) curve intercepts the horizontal axis is the potential GDP or full employment level of output.
The LRAS curve represents the aggregate supply of goods and services in an economy when all factors of production are fully utilized and there are no temporary frictions or imbalances. At the potential GDP or full employment level of output, the economy is operating at its maximum sustainable production capacity, and the LRAS curve intersects the horizontal axis. This point signifies that the economy is producing at its long-run equilibrium, where the aggregate supply equals the aggregate demand and there is no upward or downward pressure on prices. It represents the level of output that can be sustained in the long run without causing inflationary or recessionary gaps.
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The survey that found 75% of consumers would consider going to another company after a bad customer service experience surprises some people because it seems almost too low. Why might that other 25% of consumers not be bothered by a bad customer service experience?
Answer:
They might not be bothered because nothing has happened yet.
Explanation:
The other 25 percent might not use it a lot.
Anna’s bank gives her a loan with a stated interest rate of 10. 22%. How much greater will Anna’s effective interest rate be if the interest is compounded daily, rather than compounded monthly? a. 0. 5389 percentage points b. 0. 1373 percentage points c. 0. 4926 percentage points d. 0. 0463 percentage points.
Anna's effective rate would be 0463 percentage greater than the interest if compounded daily, rather than compounded monthly.
The interest rate is given as 10. 22% or 0.1022 then the monthly effective rate would be:
\((1+\frac{0.1022}{12})^{12} \\=1.10712576\)
The daily effective interest rate would be:
\((1+\frac{0.1022}{365})^{365}\\=1.107589126\)
Hence, the difference in both rates of interest is calculated as:
\(1.107589126 - 1.10712576\\= 0.00046336\)
Here, 0.00046336 would become 0.04634% when multiplied with 100.
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Human resources is about trying to
find the best way to utilize which of
the following for the benefit of the
company overall?
A. loans
B. products
C. people
Answer:
I think b is that the answer
Explain why socialist societies do not use a circular flow chart.
If the real gdp in dollars in year one is 15. 3, the real value of goods increased on year 2 by:______.
If the real GDP in dollars in year one is 15.3, the real value of goods increased by approximately 21.57% from year one to year two.
If the real GDP in dollars in year one is 15.3, we need more information to determine the real value of goods in year two. The real GDP is a measure of the total value of goods and services produced in an economy adjusted for inflation. To calculate the change in the real value of goods from year one to year two, we need to know the growth rate or percentage change in real GDP.
Let's say the real GDP in year two is given as 18.6. To find the increase in the real value of goods from year one to year two, we can use the following formula:
Percentage Change = ((Year Two Real GDP - Year One Real GDP) / Year One Real GDP) * 100
Plugging in the values, we get:
Percentage Change =\(((18.6 - 15.3) / 15.3) * 100 = (3.3 / 15.3) * 100 ≈ 21.57%\)
Therefore, the real value of goods increased by approximately 21.57% from year one to year two.
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Why would a producer conduct a marginal analysis?
A. To understand the type of taxes paid on a good or service
B. To determine whether a price increase will change what a
consumer will buy
C. To predict the amount of environmental pollution caused by a
manufacturer
D. To suggest a way to package a product so that it causes less
pollution
E
Answer:
B to determine whether a price increase
Explanation:
cuz I said
If you want to know how much you need to invest today at 12 percent compounded annually in order to have $4,000 in five years, you will need to find a(n) _______ value.
Multiple choice question.
present
idealistic
past
future
You must determine a present value if you want to know that however much you must invest now at a compounded rate of 12 percent per year in order to be have $4,000 over five years.
Which gift or present is appropriate?When referring to anything intentionally presented, frequently in honor of a milestone or special occasion, the terms "gift" and "present" are interchangeable. Gift, however, can also be a noun with an attribute, as it does in goody bag of gift box. Moreover, the verbs gift and present have verbal meanings. Think of this essay as a present. or maybe a gift.
What distinguishes the words present and presence?Presents is a noun and just a word that we employ, whereas presence is merely a noun. Presents is a term that denotes gifts. It can be used as a verb to present something to someone, display something, or deliver a speech. In contrast, the term presence refers to the state of someone being present at a certain location.
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Which of these steps uses a third party as part of the conflict-resolution effort?
compromising
defining the problem
mediation
arbitration
Answer:
Mediation
Explanation:
Because there is misunderstanding,mediation is done because it is the act of resolving problem( also known as arbitration)
Answer:
mediation and arbitration
Explanation:
got a 100 on my quiz
PLS help, 25 pts and brainliest will be given !
How can reflecting on morals and ethics; help you identify your areas of strengths and weaknesses?
Explanation:
Identifying your strengths and weaknesses can be extremely valuable. Not only will it allow you to approach tasks and challenges with a better understanding of how to succeed and what pitfalls to look out for, but it also allows you to effectively communicate what you can contribute, which is essential for things like job interviews.
what is the decision making process
Answer:
Decision making is the process of making choices by identifying a decision, gathering information, and assessing alternative resolutions. Using a step-by-step decision-making process can help you make more deliberate, thoughtful decisions by organizing relevant information and defining alternatives.
There are actually five steps in the process the five steps are:
There are 5 steps in a consumer decision making process a need or a want is recognized, search process, comparison, product or service selection, and evaluation of decision. Most decision making starts with some sort of problem.
Explanation:
Hope this helps: D
- Lea
Brainliest pleae: P
17. Lewis signed a contract for the rights to all timber located on Nine Mile Mine. He agreed to pay $70 per thousand board feet ($70/mbf). As he began work, Nine Mile became convinced that Lewis lacked sufficient equipment to do the job well and forbade him to enter the land. Lewis sued. Nine Mile moved for summary judgment. The mine offered proof that the market value of the timber was exactly $70/mbf, and Lewis had no evidence to contradict Nine Mile. The evidence about market value proved decisive. What is the issue