So, eliminating the backpack division would have a negative impact of $41,600 on Granfield's operating income.
To calculate the impact on Granfield's operating income for eliminating the backpack division, we need to first calculate the operating loss for the backpack division.
Operating loss for the backpack division:
Revenue: $952,400
Variable costs: $471,000
Fixed costs: $523,000
Operating loss: $41,600
Next, we need to calculate the fixed costs that could be eliminated if the division is dropped. Since 40% of the fixed costs allocated to the backpack division can be eliminated, the fixed costs that could be eliminated are:
Fixed costs that could be eliminated:
523,000x40213,200
Finally, we can calculate the impact on Granfield's operating income by subtracting the operating loss for the backpack division from the total operating income:
Impact on operating income:
0−41,600 = -$41,600
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How do you calculate the fair market value?
One common method is to use the comparable sales approach. This method involves finding similar assets that have recently been sold in the same area, and using their sale prices as a guide to determine the fair market value of the asset in question.
Calculating fair market value can be done in several ways, depending on the type of asset. The fair market value is a measure of the value of an asset, such as a piece of property or a stock, based on current market conditions. It is used in many financial transactions, including real estate, taxes, and investments.
Another method is called the income capitalization approach. This method is used to value income-producing properties, such as rental properties, by taking into account the property's income potential, expenses and the market's cap rate.
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You are creating a budget for your new business. What should you include?
A. All income and expenses.
B. Fixed expenses but not income.
C. Income but not variable expenses.
D. Fixed and variable expenses but not taxes.
Answer:
A
Explanation:
You should include all income and expenses because you need to know the value of the business and the amount of money you'll have to spend after you have deducted all the expenses and added all the incomes of the business.
A large bakery buys flour in 25 kg bags. The bakery uses an average of' 4,860 bags a year. Preparing an order and receiving a shipment of flour bags involves a cost of $10 per order. Annual holding cost is $5 per flour bag. a) Determine the economic order quantity.
b) What is the average number of bags on hand (i.e., in inventory)?
c) How many orders per year will there be?
d)Calculate the total annual cost of ordering and holding flour.
e)If ordering costs were to increase by 50 percent order, by what percentage would the EOQ change?
a) Economic Order Quantity(EQO):Economic Order Quantity can be calculated using the following formula. \(EOQ = \sqrt{\frac{2DS}{H}}\)Where D = Annual Demand in Units S = Ordering Cost per Order H = Annual Holding Cost per UnitThen EOQ will be: \(EOQ
= \sqrt{\frac{2*4,860*10}{5}}\)= \(\sqrt{19,440}\) = \(139.28\) (approx.)The economic order quantity is 139 bags.b) Average Number of Bags on Hand:To find out the average number of bags on hand, we can use the following formula: \(Average\ number\ of\ bags\ on\ hand = \frac{EOQ}{2}\)= \(\frac{139}{2}\) = \(69.5\) (approx.)The average number of bags on hand is 69.5 bags.c)
Number of Orders per Year:We can find the number of orders per year by using the following formula: \(Number\ of\ Orders\ per\ Year = \frac{D}{EOQ}\)= \(\frac{4,860}{139}\) = \(34.89\) (approx.)So, there will be 34 orders per year.d) Total Annual Cost of Ordering and Holding Flour:Total Annual Cost of Ordering and Holding Flour can be calculated using the following formula:
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In its income statement for the year ended December 31, 2022, Sunland Company reported the following condensed data.
Salaries and wages expenses $474,300 Loss on disposal of plant assets $85,170
Cost of goods sold 1,006,740 Sales revenue 2,254,200
Interest expense 72,420 Income tax expense 25,500
Interest revenue 66,300 Sales discounts 163,200
Depreciation expense 316,200 Utilities expense 112,200
Calculate the profit margin and gross profit rate. (Round answers to 0 decimal places, e.g. 15%.)
Profit margin Enter the profit margin in percentages rounded to one decimal place %
Gross profit rate Enter the gross profit rate in percentages rounded to one decimal place %
Sunland Company
Multi Step Income Statement
For the Year Ended December 31, 2022
Net sales $ 2,200,000
Less: Cost of goods sold ($ 1,257,000)
Gross margin / Profit $ 943,000
Less: Operating expenses ($ 722,000)
Income from operations $ 221,000
Other revenues and gains:
Interest revenue $ 35,000
Other expenses ans losses:
Interest expense ($ 72,000)
Loss on disposal of plant assets ($ 18,000) ($ 90,000)
Income before income taxes $ 166,000
Income taxes expenses ($ 46,000)
Net income $ 120,000
Sunland Company
Comprehensive Income Statement
For the Year Ended December 31, 2022
Net income $ 120,000
Add: Other comprehensive income $ 8,400
Comprehensive income $ 128,400
Net income (NI), also called net earnings, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses. It is a useful number for investors to assess how much revenue exceeds the expenses of an organization. This number appears on a company's income statement and is also an indicator of a company's profitability.
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Put the following events from computer history in the order they happened:
Drag
Drop
Drag events here with oldest at top
The World Wide Web becomes available to the public
Scientists at Bell Laboratories invent the transistor
Apple releases the iPhone
Herman Hollerith develops electronic tabulating machine
International Business Machines, or IBM, is formed
The Apple Il is released for home consumers
Jack Kilby invents the microchip
The sequencing of the following events with respect to computer history is as follows:
In 1890, Herman Hollerith introduced a machine of electronic tabulation.In 1911, IBM or an International business machine should be developed.In 1947, The scientist invented the transistor at Bell Laboratories.In 1958, Microchip was invented by Jack Kilby.In 1977, Home consumers should be released by the Apple II.In 1993, WWW or World wide web could be accessed by the public.In 2007, iPhone should be introduced by Apple.In this way, the above events should be ordered.
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Answer:
Answer in image
Explanation:
While workers in the United States are more task oriented and require information to do their jobs, workers from Korea are more motivated by strong relationships and developing trust to do the same job. That is because Korea is a ______ context culture and the U.S. is a ______ context culture.
Considering the situation described above, it is concluded that Korea is a High context culture, and the U.S. is a low-context culture.
A high context culture is a type of culture that is characterized by collectivism and an implicit form of communication.
On the other hand, a low context culture is a type of culture that is associated with direct verbal interaction and individualism.
It is no secret that the United States promotes individualism or independence as a society which is a form of low context culture. In contrast, the Korean culture promotes stability and group relation, which is a form of high context culture.
Hence, in this case, it is concluded that Korea has high context culture while the United States has a low-context culture.
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Consider a second hand car market where three types of cars are being sold: High quality (H), medium quality (M) and low quality (L). Sellers value an H at $2000, an M at $1200 and an L at $800, whereas buyers value an H at $1800, an M at $1600 and an L at $1400. As discussed in the "Akerloff's Lemons Market", sellers are able to distinguish between different quality cars but buyers are not and a buyer believes that in this market 40% of the cars is an H, 30% of the cars is an M and 30% of the cars is an L. a) Determine which type of cars will be sold at the efficient allocation. b) Determine which type of cars will be sold at the market equilibrium.
Answer:
a) Determine which type of cars will be sold at the efficient allocation.
All cars would be sold in a Pareto efficient allocation.
In a Pareto efficient market, resources are all allocated in teh most efficient possible way. This is the reason why this is just a theoretical concept that does not necessarily apply in real life.
b) Determine which type of cars will be sold at the market equilibrium.
Since consumers are only willing to pay up to $1,620 for a used car, only medium quality and low quality cars will be sold. The price of high quality used cars is higher than the equilibrium price.
Explanation:
the most a buyer would be willing to pay for a used car is ($1,800 x 40%) + ($1,600 x 30%) + ($1,400 x 30%) = $720 + $480 + $420 = $1,620
Which asset is the most liquid?
A. A certificate of deposit
B. An individual retirement account
C. Commercial real estate
D. Residential real estate
True or false: The cost of land owned by a business is recorded in the Land account and this account is classified as an expense.
Answer: False
Explanation: The reason to this statement being false is because land is an asset account.
Its is true that the cost of land owned by a business is recorded in the Land account and this account is classified as an expense.
What is an expense?An expense is referred to as the operating cost or capital of a business. It is all the money spent in the production process. It is recorded in the income statement.
This includes the cost of purchasing land used for the business.
Therefore, the cost of land owned by a business is recorded in the Land account and this account is classified as an expense.
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Excuse me,
(ಠ_ಠ)
ง ง
All of the major hotel chains have raised their rates all over the world repeatedly every quarter for the past three years. Finally, major corporations with accounts at the hotels have begun to renege on their contracts with the hotels. You represent the corporations with the defense to performance of the contract of unconscionability.
True
False
Answer:
I think its false
Explanation:
because u are defense yh
What is the outlook for marketing career opportunities
A The number of jobs in marketing is falling
B The number of jobs in marketing will remain steady
C no one knows what the outlook is for jobs in marketing
D The number of jobs in marketing is on the rise
Answer:
D The number of jobs in marketing is on the rise
Explanation:
The outlook for marketing career opportunities is The number of jobs in marketing is on the rise. Thus the correct option is D.
What is a Career?A career is referred to what an individual chooses as a profession to earn something. A career of an individual is based on his talents, skills, and abilities which help him to seek growth and development and achieve the goals of life.
The outlook for marketing career opportunities is typically bright, As the demand for marketing professionals grows, This expansion is being driven by the growing importance of marketing in today's business environment and its significance.
Aside from marketing managers, there are numerous other marketing careers accessible, such as market research analysts, public relations specialists, and digital marketing specialists which brings career prosperity and growth.
Therefore, option D is appropriate.
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Your manager tells you that a project design is confidential. What should you do?
Answer:
listen to him and try and talk about it with him and dont tell nobody else about it...
Explanation:
Only the first word in a poem title should start with a capital letter. true false
Handiest the primary word in a poem title has to start with a capital letter. TRUE, in the title or call of an e-book, a play, a poem, a film, a mag, a newspaper, or a piece of song, a capital letter is used for the primary word.
The definition of a poem is a set of words that specific emotion or concept, every so often with a particular rhythm. An example of a poem is the children's rhyme, Mary Had a little Lamb.
There are numerous varieties of poetry. those can be grouped into three predominant genres: narrative poetry, dramatic poetry, and lyric poetry. Narrative poetry tells a tale.
The phrase "poetry" comes from the ancient Greek verb "to create." whilst a quick tale is commonly written in recognizable sentences, a poem is composed of traces, which won't observe the usual grammatical guidelines. furthermore, rather than being organized into paragraphs, a poem is made of verses or stanzas.
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The open innovation model has a couple of disadvantages. one of them is that it reduces a firm’s absorptive capacity.
a. True
b. False
Which one of the following describes a functional strategy's drawback? It is ineffective in addressing diversity at a higher level.
Is disadvantage a bad thing?THESAURUSdisadvantage noun [quantifiable] a negative trait that anything possesses, reducing its value or utility in comparison to other things.
What do you consider to be the drawbacks of nuclear power? The high fuel consumption of this vehicle is a significant drawback.
What is a student in disadvantage?Search Software. Students who have obstacles to achieving academic success because of unfavorable conditions outside of their control are said to be disadvantaged. These include difficulties in the student's family as well as monetary and social issues.
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Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 3,750 client-visits, but its actual level of activity was 3,740 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for November:
Data used in budgeting:
Fixed element per month Variable element per client-visit
Revenue - $ 36.30
Personnel expenses $ 30,400 $ 11.30
Medical supplies 1,650 6.70
Occupancy expenses 8,500 2.80
Administrative expenses 6,800 0.50
Total expenses $ 47,350 $ 21.30
Actual results for November:
Revenue $ 135,949 Personnel expenses $ 72,629
Medical supplies $ 27,525
Occupancy expenses $ 18,483
Administrative expenses $ 8,444
The activity variance for personnel expenses in November would be closest to:
Multiple Choice
$113 F
$113 U
$146 F
$146 U
The activity variance for personnel expenses in November would be closest to $146 F.
Solution:
Budgeted personnel expenses = Budgeted client visits x Variable personnel expense per visit + Fixed personnel expenses
= 3,750 x 11.30 + 30,400
= 42,375 + 30,400
= $72,775
Activity variance for personnel expenses = Budgeted personnel expenses - Actual personnel expenses
= 72,775 - 72,629
= $146 F
Personnel costs include all components related to employees and their salaries. salaries and wages bonus payments overtime or weekend compensation, and social insurance contributions. The purpose of financial due diligence is to understand the evolution of labor costs.
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Entrepreneurs take risks with their time and money to start a business. They are also able to build their own wealth if they:
Entrepreneurs take risks with their time and money to start a business. They are also able to build their own wealth if they are successful in their venture.
Starting a business involves taking a significant amount of risks with both time and money. Entrepreneurs often invest a large portion of their savings or borrow money to fund their business. They also spend countless hours planning, researching, and working on their business. However, if their business is successful, they have the potential to build their own wealth.
Entrepreneurs are able to build their own wealth through various means. Firstly, they have the ability to earn profits from their business. By providing products or services that customers are willing to pay for, entrepreneurs can generate revenue and profits. These profits can be reinvested into the business or used for personal gain.
Secondly, entrepreneurs can create valuable assets through their business. For example, a successful entrepreneur may own a valuable brand, patent, or proprietary technology. These assets can be sold or licensed to other companies for a profit.
Finally, successful entrepreneurs can create passive income streams. This could be through rental income from property they own, royalties from intellectual property, or dividends from investments.
Overall, while starting a business involves taking risks, successful entrepreneurs have the potential to build their own wealth through various means such as earning profits, creating valuable assets, and generating passive income.
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assuming builtrite is in the 21% tax bracket. if builtrite paid $60,000 in dividends to its common stockholders, how much would the dividends cost builtrite after taxes?
Assuming that Builtrite is in the 21% tax bracket, the dividends would cost Builtrite $47,400 after taxes.
This is calculated by taking the total amount of dividends paid ($60,000) and subtracting the amount that would be saved in taxes (21% of $60,000, which is $12,600).
After calculating the total cost of the dividends after taxes, it is important to consider how these dividends will be distributed to the shareholders. Generally, dividends are paid out in two ways: cash dividends and stock dividends. Cash dividends are paid out in the form of cash and are usually paid out quarterly.
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Williams Optical Inc. is considering a new lean product cell. The present manufacturing approach produces a product in four separate steps. The production batch sizes are 45 units. The process time for each step is as follows: Process Step 1 5 minutes Process Step 2 8 minutes Process Step 3 4 minutes Process Step 4 3 minutes The time required to move each batch between steps is 5 minutes. In addition, the time to move raw materials to Process Step 1 is also 5 minutes, and the time to move completed units from Process Step 4 to finished goods inventory is 5 minutes. The new lean layout will allow the company to reduce the batch sizes from 45 units to 3 units. The time required to move each batch between steps and the inventory locations will be reduced to 2 minutes. The processing time in each step will stay the same. Determine the value-added, non-value-added, and total lead times, and the value-added ratio under the present and proposed production approaches. If required, round percentages to one decimal place. Present Approach Proposed Approach Value-added time fill in the blank 1 min fill in the blank 2 min Non-value-added time fill in the blank 3 min fill in the blank 4 min Total lead time fill in the blank 5 min fill in the blank 6 min Value-added ratio (as a percent)
Under the present approaches, the value-added time and non-value-added time are 20 minutes, the total lead time is 40 minutes and the value-added ratio is 50%. In the proposed approach, non-value-added time is 20 minutes, non-value-added time is 8 minutes, total lead time is 28 minutes and the value-added ratio is 71.4%
Under the present approach, the value-added time can be calculated by summing the processing times for each step: 5 minutes + 8 minutes + 4 minutes + 3 minutes = 20 minutes.
The non-value-added time includes batch movement and inventory-related times, which sum up to: (5 minutes + 5 minutes) + (5 minutes + 5 minutes) = 20 minutes.
Thus, the total lead time is 40 minutes. The value-added ratio is determined by dividing the value-added time by the total lead time: (20 minutes / 40 minutes) * 100 = 50%.
In the proposed approach, with a reduced batch size and decreased batch movement and inventory times, the value-added time remains the same at 20 minutes. The non-value-added time becomes: (2 minutes + 2 minutes) + (2 minutes + 2 minutes) = 8 minutes.
Consequently, the total lead time is 28 minutes. The value-added ratio is (20 minutes / 28 minutes) * 100 = 71.4% (rounded to one decimal place).
The proposed lean production approach results in a significant reduction in non-value-added time and total lead time. The value-added ratio increases from 50% to 71.4%, indicating a higher percentage of time spent on value-added activities.
This improvement reflects the efficiency gained through smaller batch sizes and reduced batch movement and inventory times, allowing for faster product flow and decreased waste in the production process.
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How much is a standard tip?
•10-15 percent
•15-20 percent
•20-25 percent
•25-30 percent
warner brothers animation actually had its start as a company founded by:
Warner Bros. Animation had its start as a company founded by Hugh Harman and Rudolf Ising.
In 1930, Harman and Ising established their own animation studio called "Harman-Ising Productions." They later gained recognition for creating the first synchronized sound and color cartoons featuring characters like Bosko and Looney Tunes.
In 1933, Harman-Ising Productions entered into a distribution agreement with Warner Bros., and their cartoons began to bear the Warner Bros. name.
Eventually, Harman-Ising Productions became Warner Bros. Cartoons, and it laid the foundation for the renowned Warner Bros. Animation studio that continues to produce animated content to this day.
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if the current ratio, which is current assets divided by current liabilities, is greater than one, what does that indicate?
A company with a current ratio which is current assets divided by current liabilities of less than 1.00 would not have enough cash on hand to cover them. On the other hand, a company with a current ratio over 1.00 would have enough cash on hand to cover all of its short-term obligations.
A liquidity ratio called the current ratio assesses a industry's capacity to settle short-term debts or those that are due within a year. It explains to analysts and shareholders how a business can use its present assets to the fullest extent possible to pay down its current liabilities and other payables. In general, an appropriate current ratio is one that is comparable to the industry norm or just a little bit higher.
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A provision found in insurance policies which prevents the insured from collecting twice for the same loss is called (Choose from the following options) 1. Consent to settle loss. 2. Right of salvage. 3. Appraisal. 4. Subrogation.
Answer:
4. Subrogation.
Explanation:
In the case when the insurer accept the payment of loss from the insurance company so there should be the transfer of the rights for recover to the insurer. It protects the insured from receiving twice time for the similar loss and permits the insurer to indemnify the insurance company
So as per the given situation, the option 4th is correct
And, the same is to be considered
1. Please draw a diagram that represents the Intermediate Disturbance Hypothesis. Be sure to label the axes and give an example.
2. Define and Distinguish Primary Succession and Secondary Succession.
The moderate disturbance hypothesis claims that, compared to low or high levels of disturbance, moderate degrees of disturbance can generate greater levels of species variety.
For instance, the diversity of invertebrate taxa found in stream bed habitats is influenced by the frequency of floods. Primary succession is the series of alterations that take place in a completely uninhabited habitat. Consider recently developed sand dunes.
Secondary succession is the series of alterations that take place on a formerly colonised but degraded ecosystem. In primary succession, living organisms first colonise newly exposed or newly created rock. In secondary succession, a previously inhabited area is disrupted, then recolonized as a result of the disturbance.
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suppose that the tuna industry is in long-run equilibrium at a price of $5 per can of tuna and a quantity of 50 million cans per year. suppose the surgeon general issues a report saying that eating tuna is bad for your health.
In this scenario, the report from the Surgeon General stating that eating tuna is bad for your health will likely have an impact on the tuna industry. Let's consider some possible effects:
1. Decrease in demand: The negative report may lead to a decrease in consumer demand for tuna due to health concerns. As a result, the equilibrium price and quantity may change.
2. Shift in demand curve: The demand curve for tuna will shift to the left, indicating a decrease in quantity demanded at each price level.
3. New equilibrium: As demand decreases, the equilibrium price and quantity will likely decrease. For example, the price may decrease to $4 per can of tuna, and the quantity may decrease to 40 million cans per year.
4. Industry adjustment: To adapt to the new equilibrium, tuna producers may need to reduce production, lay off workers, or diversify their product offerings to cater to health-conscious consumers.
It's important to note that the actual impact on the tuna industry may vary based on factors such as consumer preferences, availability of substitute products, and the effectiveness of marketing efforts. Additionally, government regulations or interventions might also play a role in shaping the industry's response to the report.
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If the surgeon general issues a report stating that eating tuna is bad for your health, it is likely to have a negative impact on the tuna industry in the long run. This could result in a decrease in demand for tuna, leading to a decrease in price and quantity sold.
1. Negative impact on demand: The report from the surgeon general stating that eating tuna is bad for health can significantly affect consumer perception and behavior. As a result, there may be a decrease in consumer demand for tuna products due to concerns about health risks associated with consuming tuna.
2. Decrease in price and quantity: With a decrease in demand, the tuna industry will likely experience a decline in the price of tuna cans. This is because the reduced demand will lead to an excess supply of tuna in the market. To maintain equilibrium, producers will have to lower the price to encourage consumers to purchase the product. Consequently, the quantity of tuna sold is expected to decrease as well.
3. Long-run adjustment: In the long run, the tuna industry may need to adjust its production and marketing strategies to adapt to the change in consumer preferences. This could involve diversifying product offerings, promoting alternative seafood options, or investing in research and development to address health concerns associated with tuna consumption.
Overall, the surgeon general's report can disrupt the long-run equilibrium of the tuna industry by influencing consumer demand, which in turn affects the price and quantity of tuna sold. The industry will need to respond strategically to mitigate the negative impact and find ways to adapt to changing market dynamics.
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In determining the ethics of an alternative, the ___ theory would encourage a decision maker to consider the benefit and cost to society as a whole. A. Justice theory B. Rights theory C. Utilitarianism D. Profit maximization
Hi! In determining the ethics of an alternative, the Utilitarianism theory would encourage a decision maker to consider the benefit and cost to society as a whole. The correct answer is C. Utilitarianism.
This theory focuses on maximizing overall happiness and minimizing suffering by considering the consequences of an action for all stakeholders involved.
In determining the ethics of an alternative, the utilitarianism theory would encourage a decision maker to consider the benefit and cost to society as a whole. Utilitarianism is an ethical theory that focuses on maximizing overall happiness or utility. According to utilitarianism, an action or decision is considered ethical if it produces the greatest overall happiness or well-being for the greatest number of people.
When applying utilitarianism to decision-making, the decision maker would assess the potential consequences of each alternative and choose the one that maximizes the overall benefit or utility for society. This involves considering the positive and negative impacts on different stakeholders and weighing them to determine the greatest overall benefit.
Option A, the justice theory, focuses on fairness, equity, and the distribution of benefits and burdens. Option B, the rights theory, emphasizes individual rights and liberties. Option D, profit maximization, prioritizes financial gains and may not necessarily consider broader societal impacts.
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Reinvesting cash flow allows a firm produce additional products and generate additional sales.
O True
O False
6. Outline 4 circumstances under which some human wants canbe fully satisfied
Generally, the human wants can never be fully satisfied because its requires more resources whereas the resources are limited.
What is a human wants?This refers to the desires, aspirations and motives of humans that can be satisfied with goods and services.
For instance, the yearning for food, shelter, clothing are example of an economic human wants.
It is also accepted that the human wants are never truly satisfied because they are endless, even though these wants can be temporarily satisfy, they will always reoccur.
Therefore, the human wants can never be fully satisfied.
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the maturity date of a note receivable:question 1 options:is the day of the first payment.is the day of the credit sale.is the day the note was signed.is the day the note is due to be repaid.
The maturity date of a note receivable is the day the note is due to be repaid. This is the date on which the borrower must pay back the principal and any interest that has accrued on the loan.
It is important for lenders to keep track of the maturity date so that they can follow up with the borrower if the loan is not repaid on time. It represents the specific date when the borrower is obligated to repay the loan or fulfill the terms of the note, including any principal and interest payments. It is an important date for both the lender and the borrower as it determines the deadline for repayment. The maturity date is an important aspect of a note receivable as it determines the timeline for repayment and helps both the lender and borrower to manage their financial obligations.
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Employees usually do not reflect much concerning a decision to quit; rather, quitting is in response to immediate events.
a. True
b. False
The statement is false. Employees usually do not reflect much concerning a decision to quit; rather, quitting is in response to immediate events.
An employee is a person who has agreed to be employed to paint for a few shapes of fee below an agreement of employment. Your employment popularity will assist define what rights and responsibilities you have got at paintings. There are three fundamental varieties of employment popularity: employee.
Before hiring a new team member, it is crucial to apprehend your options in regard to special kinds of employees. research the main variations among complete-time, part-time, seasonal, and brief personnel. Any person who strives hard to accomplish the desires and goals of a specific employer is called an employee. personnel is employed to carry out particular obligations as per their specialization, hobby regions, and former stories.
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