TCBW last year had an average collection period (days sales outstanding) of 33 days based on accounts receivable of $350,000. All of the firm's sales are made on credit. The firm expects sales this year to be the same as last year. However, the company has begun a new credit policy that should lower the average collection period to 28 days. If the new average collection period is attained, what will the firm's accounts receivable balance equal

Answers

Answer 1

Answer:

$296,969.70

Explanation:

Days of sales outstanding = number of days in a period / receivables turnover

Receivables turnover = revenue / average receivables

33 = 365 / receivables turnover

receivables turnover = 11.060606

11.060606 = revenue / $350,000

revenue = $3,871,212.12

with the new policy and same revenue :

28 = 365  / receivables turnover

receivables turnover = 13.035714

13.035714 = $3,871,212.12 / average receivables

= $296,969.70


Related Questions

Which statement is true regarding monopolistic competition?

Answers

Answer:

AR>MR

--------------------------------------

WHERE ARE THE OPTIONS.

How does a business identify how much profit was made on a job?

Answers

Answer:

Making a profit is one of the most important objectives of a business. You can calculate your business profit by subtracting your total expenses from your total revenue. To identify what the revenues and expenses are, start by choosing the time period you want to study.

Explanation:

Hope this helps u

Crown me as brainliest:)

Imagine that your firm has made a commitment to increasing the diversity represented at higher levels of the organization. What can you do to forecast which positions could be staffed with minorities

Answers

Incomplete question. The options read;

a) Assess the external labor market

b) Create a replacement chart

c) Forecast internal supply

d) Conduct a job analysis

Answer:

a) Assess the external labor market

Explanation:

Remember, by assessing the external labor market, one can find determine groups that are underrepresented in the labor market. In other words, the groups that are minorities can then be identified from among the external labor market.

For example, if you discover that "ethnic or social group A", has been under-represented or hold little higher-level positions in the external labor market for a number of years, you can now forecast positions where these minority groups could be staffed in the firm.

The forecast that could be staffed with minorities positions is to assess the external labor market.

What is labor market?

The labor market, often known as the job market. It is concerned with the supply and demand for labor, with employees providing the supply and employers providing the demand.

It is an important part of any economy and is twined with capital, goods, and service markets.

By analyzing the external labor market, it is possible to identify groups that are underrepresented in the workforce, if the firm made commitment to increase the diversity in the levels of the organization.

Therefore, minorities can be detected inside the external labor market.

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A Christmas promotion included a $2.5 mail-in rebate for the purchase of a 10-liter bottle of milk and a store coupon for $1.39 off a 5-liter bottle of vegetable oil. Jesse Gatling bought one 10-liter bottle of milk for $33.00 and a 5-liter bottle of vegetable oil for $26.89. Calculate his total cost if an envelope cost $0.10 and a stamp cost $0.28

Answers

His total cost if an envelope cost $0.10 and a stamp cost $0.28 is $56.38.

After the mail-in rebate, the price of the 10-liter bottle of milk is

\($33.00 - $2.50 = $30.50\)

After the store coupon, the price of the 5-liter bottle of vegetable oil is

\(26.89- 1.39= $25.50.\)

The two items cost Jesse a total of  \(($30.50 + $25.50)= $56.00.\)

If an envelope costs $0.10 and a stamp is $0.28,

The total cost of sending in the rebate is $0.10 + $0.28 = $0.38

The total cost if an envelope cost $0.10 and a stamp cost $0.28 is $56.38.

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Case Study Abstract & Directions:

Tesla’s board of directors proposed an unusual compensation plan for the company’s CEO Elon Musk. The plan payouts were entirely contingent on achieving very ambitious market value, sales, and EBIT targets over the next ten years. If all the targets were achieved, Tesla would be one of the most valuable companies in the world, and Musk would receive the highest compensation of any CEO in U.S. corporate history. If the targets were not achieved, Musk would receive nothing. Proxy advisors (ISS and Glass Lewis) expressed serious reservations about the plan and urged shareholders to vote against it. Should shareholders approve or reject the plan?

Using the information provided in the case study, explain, in a 3 to 5 page paper, the problems addressed in the paper, and if you believe shareholders should approve or reject the plan.

Answers

The proposed pay plan for Tesla's CEO raises several concerns, including a lack of transparency, accountability, and conformity to the industry standards. As such, shareholders should reject the proposed pay plan and seek a more transparent and accountable pay plan that conforms to industry standards.

The following are problems addressed in this paper:
Controversial pay plans
The plan proposed by the board of directors is a controversial pay plan that does not conform to the standard industry practices. The plan's design makes it a concern for proxy advisors who have advised shareholders to vote against the plan.
Lack of accountability
The proposed pay plan is based on an agreement with the CEO rather than on objective performance measures. This lack of accountability means that the company is not held accountable for any underperformance.
Lack of transparency
There is no clear indication of how the proposed pay plan will affect the company's financial performance, and the stakeholders have not been informed of the potential risks.
Shareholders should reject the plan
In my opinion, shareholders should reject the proposed pay plan. The proposal is based on ambitious targets that may not be achievable, and the compensation is not tied to objective performance measures. The lack of accountability and transparency in the plan also make it a concern for stakeholders.

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in monopolistic competition, compared to a firm with higher marginal cost, a firm with lower marginal cost will set a____price, produce output, and earn _____profits.

Answers

In monopolistic competition, compared to a firm with a higher marginal cost, a firm with a lower marginal cost will set a lower price, produce more output, and earn higher profits.

Why is profit so high in a monopolistic firm compared with a competitive firm?

A monopolist's desire to maximize profits is one of its traits. A monopolist can regulate the price and the quantity required because there is no competition in a monopolistic market. By equating a monopoly's marginal cost and marginal revenue, the level of output that maximizes profit can be determined.

The markup is the distinction between the price and the marginal cost. A perfect competition structure has a price that is equal to the marginal cost, hence there is no markup. Although the price is always higher than the marginal cost, monopolistic competition does, however, result in a product markup.

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What records will appear for a left outer join with a primary table called OrderItems and a foreign table called Orders?

all Orders records
all OrderItems records
only matching OrderItems records
all of the Orders and OrderItems records

Answers

Answer:

All orderitems records

Explanation:

Answer:

all OrderItems records

Explanation:

what link-building strategy do search engines implicitly approve?

Answers

The link building strategies that the search engines are known to have to approve of implicitly would be the

Nofollowthe sponored links attributes

What is meant by the link building strategies?

This is the term that is used to refer to the practice that has to do with the ways that the one way hyperlinks can be built. This is usually done through the use of the website that had to have the goal of helping to get visibility through the use of search engines.

The strategies that are used are the ones that have to do with content writing, the ones that have to do with useful tools and those that have to do with the outreach that is done with the use of mails.

The other ways that this can be done would be through the use of the social media outreach. Hence the links that they would use implicitly would have to do with the nofollow links etc.

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My debit card just arrived and before activating it I want to know if it’s going to charge $12 monthly if I will have only a $0 balance for about 2 months. Thanks.

Answers

Answer: you can use a debit card at an ATM to withdraw cash from a checking account, or to pay for goods and services at businesses that accept your bank’s card type.

Explanation: You can use a debit card at an ATM to withdraw cash from a checking account

One of the factors that influence a consumer buying is? ​

Answers

Answer:

Many different factors can influence the outcomes of purchasing decisions. Some of these factors are specific to the buying situation: what exactly you are buying and for what occasion. Other factors are specific to each person: an individual's background, preferences, personality, motivations, and economic status.

Packages, the package can influence a buyer, bright colors are what people are most likely to buy rather then a beige color package, that’s why children toys are colorful, so that the kid/child would want the toy and getting their parents to buy the toy for them, hope this helps and is the answer that you are looking for :)

what can affect the characteristics of a product?​

Answers

Answer:

The characteristics of a product can be affected by a variety of factors, including:

Raw Materials: The quality of the raw materials used in the production of a product can affect its characteristics. For example, if low-quality materials are used, the product may be less durable, less functional, or less aesthetically pleasing than a product made with high-quality materials.

Manufacturing Process: The manufacturing process used to produce a product can also affect its characteristics. The use of advanced technologies or skilled labor can result in a product with better quality, precision, and consistency.

Design: The design of a product can affect its characteristics, including its functionality, aesthetics, and usability. A well-designed product can provide better performance, ease of use, and customer satisfaction.

Environmental Conditions: Environmental conditions, such as temperature, humidity, and exposure to light or chemicals, can affect the characteristics of a product. For example, exposure to sunlight can cause fading or discoloration of a product.

Storage and Transportation: The way a product is stored and transported can also affect its characteristics. Products that are exposed to extreme temperatures or humidity during storage or transportation can become damaged, lose their effectiveness, or even become unsafe to use.

Consumer Feedback: Feedback from consumers can also affect the characteristics of a product. Customer feedback can help companies identify areas for improvement or new features that could be added to make the product more appealing to consumers.

Why should you explore different careers at this point in your life? ( A. Because your teachers and parents want you to. B. So you can choose the right college or training program. 1) C. Because it's necessary to know what you want to do before you graduate high school. D. So you're prepared to make the best decisions for your needs and wants in the future.

Answers

Answer:

D. so you're prepared to make the best decisions for your needs and wants in the future.

Explanation:

The technical help desk completes requests in the order in which they are received. On Monday requests were made by seven employees in the following order
Bonnie before Chac
Doug after Chad and Bonnie
Eileen before Chad and Doug
Fay before Eileen
Greg after Bonnie
Heidi after Greg
If Eileen's request was completed before Greg's, then which of the following MUST be true?
A. Heidi submitted her request after Fay
B. Doug submitted his request after Heidi
C. Fay submitted her request after Bonnie
D. Greg submitted his request after Chad
E. Bonnie submitted her request first

Answers

Answer:

A. Heidi submitted her request after Fay

Explanation:

Bonnie before Chac

Doug after Chad and Bonnie

Eileen before Chad and Doug

Fay before Eileen

Greg after Bonnie

Heidi after Greg

if Eileen's request was completed before Greg's:

lets call Fay's request A, Heidi's request B, Eileen's request C and Doug's request D

A before C

C before D

B after D

therefore, B after A and C

Which of the following expresses one of the reasons why managing an international business is different from managing a purely domestic business?
-The range of problems confronted by a manager in a domestic business is wider and the problems more complex that those confronted by a manager in an international business.
-International business transactions use the Euro instead of the U.S. dollar.
-An international business does not need to contend with government intervention whereas a domestic business must work within the confines of their local government.
-An international business must find ways to work within the limits imposed by government intervention in the international trade and investment system.

Answers

The correct answer is: International companies must find ways to operate within the limits imposed by government interventions in the international trade and investment system.

Running an international company is different than running a domestic company. The investor is doing business in a foreign country that is subject to different laws than the home country. Therefore, investors should familiarize themselves with these guidelines to avoid legal issues. Domestic marketing refers to the conduct of marketing activities within national borders. Marketing to the local market and its reach is limited. Less investment compared to international marketing. We have one country, one language, one culture. Only one currency is used for domestic marketing. International marketing also refers to conducting marketing activities across national borders, and refers to conducting marketing activities in the global market, and its scope is wide. It requires more investment compared to domestic marketing. There are many countries, many languages ​​and cultures. Various currencies are used in international marketing. In international marketing, companies need different types of policies to promote their products.

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Your company is considering strategies to improve their ESG profile to
enhance their corporate citizenship reputation with customers and investors.
Which of the following strategies would you advise against?
O Wait to announce your ESG advances for when the stock market is performing poorly
as a way to boost the company's stock price.
O Nominate individuals with reputations for advancing ESG practices to serve on the
company's board of directors.
O I would advise against all of these strategies.
O Target marketing campaigns at customers and investors that highlight the firms
advances in ESG performance.
Include provisions in your next debt issue that would require the firm to make higher
interest payments if self-made targets for goals such as improving employee welfare
or cutting carbon emissions are not achieved.

Answers

In your future debt offering, include provisions that would expose the company to higher interest payments if self-imposed milestones for goals like improving employee welfare or lowering carbon emissions are not achieved.

How can a business make their ESG stronger?

How to Increase Your Corporate ESG Rating Effectively

Review the ESG's capabilities and resource level.It is suggested that you finish your materiality analysis.Take part in ESG rating discussions with important stakeholders.For the ESG score, list your top priorities.Decide on the budgets, resources, and employee numbers.formally establish ESG governance, and develop policies.

How important is ESG to investors and businesses alike?

ESG frameworks are important for sustainable investing because they help people and other businesses determine whether a company shares their values and evaluate the overall value of a company for their goals.

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53,730 receivable at the end of each period for 8 periods compounded at 12%

Present value = ?

Answers

Answer:

P=21,700

Explanation:

The principal amount can be obtained using the formula below

A = P(1 +r)^n

where

A = Amount 53,730

P= principal amount..?

r= interest rate = 12%

N = number of periods, eight period

53,730 = P( 1+ 12/100)^8

53,730 = P(1.12)^8

53,730 =p2.4759631

P=53,730 /2.476

P=21,700

Economic demand is?
A. the amount of a good or service that consumers are willing and able to buy at one price.
B. the amount of a good or service that consumers are willing and able to buy at various prices.
C.the amount of a good or service that producers are willing and able to produce at various prices.
D. the amount of a good or service that consumers are willing but not able to buy at various prices.
Which of the following is correct?

Answers

The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.

It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.

As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.

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Suppose that the change in a product's price is 10%, and this causes an 8% change in quantity demanded. The product's demand elasticity is

Answers

The concept of demand elasticity is crucial for understanding the relationship between changes in price and changes in quantity demanded of a product.

In this scenario, we are given that the change in the price of a product is 10%, and this leads to an 8% change in the quantity demanded. We can use this information to calculate the product's demand elasticity.

Demand elasticity is the measure of the responsiveness of the quantity demanded of a product to changes in its price. It is calculated as the percentage change in quantity demanded divided by the percentage change in price. Therefore, in this scenario, the demand elasticity can be calculated as:

Demand elasticity = (% change in quantity demanded) / (% change in price)

Demand elasticity = (8% / 10%)

Demand elasticity = 0.8

The demand elasticity in this scenario is 0.8, which means that the product's demand is relatively inelastic. Inelastic demand means that changes in price have a relatively small impact on the quantity demanded of the product. This is because the percentage change in quantity demanded is less than the percentage change in price.

Overall, understanding the concept of demand elasticity is essential for businesses to make informed decisions about pricing strategies. In this scenario, the product's relatively inelastic demand suggests that changes in price may not have a significant impact on the quantity demanded, and businesses may need to consider other factors when deciding on pricing strategies.

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Please answer picture above please​

Please answer picture above please

Answers

What company did you examine in Case #3?

Hot Wok Cuisine is a premium Asian restaurant chain that differentiates itself from a large number of competitors by providing exclusively organic Chinese cuisine. It has some pricing power because it provides differentiated products and therefore, has some entry barriers in place. In this scenario, Hot Wok Cuisine is most likely operating in a(n)

Answers

Answer: monopolistically competitive industry

Explanation:

Based on the above information, Hot Wok Cuisine is most likely operating a monopolistically competitive industry.

This is a type of industry whereby the firm's make their own pricing and output decisions. There are large number of competitors, but the products that they sell are slightly different from one another. Also, there some entry barriers.

We can infer that the restaurant differentiates itself from a large number of competitors by providing exclusively organic Chinese cusine and there are entry barriers.

Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.

Answers

Based on the cost of production by Stam Company, the overhead rate which is applied to the jobs are:

Data and Calculations:

                                                       Job 306           Job 307        Job 308

Balances on March 31

Direct materials used (in March)    $33,600         $41,900

Direct labor used (in March)           $24,600        $20,300

Overhead applied (March)              $12,300         $10,150

Costs during April

Direct materials used                     $139,000      $226,900     $102,000

Direct labor used                            $94,200       $161,500       $107,300

Overhead applied                           $55,600       $77,500       $52,500

                             ($94,200 × 50%)  ($161,500 × 50%)  ($107,300 × 50%)

Job 306 - $47,100

Job 307 - $80,750

Job 308 - $53,650

The overhead rate applied for Job 306 in April is:

= Direct labor cost x 50%

= 94,200 x 50%

= $47,100

The overhead applied for Job 307 in April is:

= 161,500 x 50%

= $80,750

The overhead for Job 308 in April is:

= 107,300 x 50%

= $53,650

Hence, based on the cost of production by Stam Company, the overhead rate applied to the jobs are calculated above.

The given question is incomplete, the complete question is-

Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.

Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal 4. Prepare a schedule of cost of goods manufactured for the month end April 30. Stam Company Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured.

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Race and gender are examples of _____.
social issues
personality disorders
discrimination
diversity issues

Answers

Answer:

I think the answer is D.

I believe it would be diversity issues

Which questions about risk should someone ask before making a big purchase? Check all that apply.
What problems are most likely to happern?
OWhat can be done to avoid liability
OWhat could go wrong?
OWhat problems could be most damaging?
OWhat option has no risk?

Answers

Answer:

A

Explanation:

If you need buy it, if it's a want not a need don't buy it

______segmentation has long been used by the marketers of products and services
such as automobiles, boats, clothing.cosmetics, financial services, and travel.
a. Behavioral
b. Age
C Gender
d. Income

Answers

Gender segmentation has long been used by the marketers of products and services such as automobiles, boats, clothing.cosmetics, financial services, and travel. The correct option is c.

a. Behavioral Segmentation:

Behavioral segmentation divides customers based on their behavior, usage patterns, and buying habits. It helps marketers understand customers' preferences, loyalty, purchase frequency, and responses to marketing efforts.

This type of segmentation allows marketers to tailor their offerings and marketing messages to specific customer behaviors and needs. For example, in the automobile industry, behavioral segmentation can be used to target customers who frequently upgrade their vehicles or those who prioritize fuel efficiency.

b. Age Segmentation:

Age segmentation categorizes customers into different age groups. This segmentation variable recognizes that different age groups have distinct preferences, lifestyles, and purchasing power.

Marketers use age segmentation to target products and services that align with the needs and desires of specific age demographics. For instance, clothing companies may create separate marketing campaigns to target teenagers, young adults, and middle-aged individuals, each catering to their unique fashion preferences.

c. Gender Segmentation:

Gender segmentation involves dividing customers based on their gender, recognizing that men and women often have different preferences and needs.

Marketers use gender segmentation to create targeted marketing messages and product offerings that appeal specifically to male or female customers. For instance, cosmetic companies may develop separate product lines and marketing strategies for men and women, focusing on their respective beauty needs and preferences.

d. Income Segmentation:

Income segmentation groups customers based on their income levels. It enables marketers to understand the purchasing power and affordability of different customer segments.

By targeting customers based on their income, marketers can tailor their pricing, promotions, and product offerings accordingly. For instance, financial services companies may offer premium banking services to high-income individuals, while providing budget-friendly options for customers with lower incomes. The correct option is c.

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Using the readings for this unit as a guide, discuss what you see as the role of ethics as it pertains to management and managers. Does management, in your view, help shape the values and ethics of an organization? What about an organization’s sustainability efforts and commitment? On whom does the responsibility to consider sustainability fall? Is employee behavior, ethical or not, a by-product of the organization's ethical climate? What ideally is the manager's role in helping to create and maintain organizational integrity?

Answers

Managers must be committed to making decisions in accordance with core values such as honesty, integrity, respect for others, taking responsibility for their actions and being accountable for them. To be an effective, ethical leader, managers must learn how to spot ethical issues in their organization.

Social responsibility is a business's duty to make ethical decisions that positively impact society. Organizations need to consider how their actions affect communities to create long-lasting trusting relationships. In order to be socially responsible, companies must strictly follow their codes of ethics.

What is the most important thing to remember when writing a draft (apex)
A. Use the spelling and grammar checks
B. Write quickly without over thinking
C. Write in phrases, not in sentences
D. Look for mistakes in subject-verb agreement

Answers

Answer:

B. Write quickly without over thinking

Explanation:

(APEX)

just took the quiz

Write quickly without over thinking is the most important thing to remember when writing a draft.

Thus, the correct option is B.

What is a draft?

An initial version of a piece of writing or written document that is frequently reviewed before verification is referred to as a "draft."

A written order of payment from one party (the drawer) to another (the drawee) instructing them to pay a specific amount to a third party (the payee) on or before a specific date is an example.

You can rethink and rewrite your thoughts after you draft them by putting them on paper. You will be able to determine where further information and supporting proof are needed by doing this.

It will also help you determine whether the concepts you are providing appear logical and whether your argument is clear.

The full paper will be sent along with the final draft. Your writing ought to appear polished by the time you complete the final draft. Grammar and spelling mistakes, fragmented sentences, weak or nonexistent paragraph transitions, and other first draft flaws should all be eliminated.

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5. What are the effects of geography, time zones, work days, resources, and natural harbors on global business?

Answers

Geography plays a critical role in global business because it affects the location of resources and the ability to move goods and services.

Resources, such as oil and minerals, are located in specific regions, and businesses must determine whether it is economically feasible to transport these resources to other parts of the world.

The time zones have a significant impact on global business as the exchange of goods and services among countries is hindered when there are time zone variations.

Workdays play a vital role in global business. It’s necessary to determine if the customs and traditions of a country will impact business operations.

Natural harbors are significant for businesses that rely on shipping and transportation.

Transportation costs are higher when the distance between supplier and consumer is greater, which affects pricing and availability. Resources, such as oil and minerals, are located in specific regions, and businesses must determine whether it is economically feasible to transport these resources to other parts of the world.The time zones have a significant impact on global business as the exchange of goods and services among countries is hindered when there are time zone variations.

Due to time zone differences, many companies may be closed when it is necessary to make a call or arrange a meeting. Workdays play a vital role in global business. It’s necessary to determine if the customs and traditions of a country will impact business operations. This includes religious holidays, weekends, and other cultural events. Resources are another important factor in global business.

Businesses must assess the available resources in different countries to determine if there are sufficient resources to support their operations. This includes everything from human resources to natural resources.Finally, natural harbors are significant for businesses that rely on shipping and transportation. These businesses must determine whether the available ports in a country are suitable for their needs and whether the infrastructure is in place to support their operations.

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In a perfectly competitive resource market the Marginal Revenue Product Curve is

A. HORIZONTAL (WRONG)

B. VERTICAL

C. DOWNWARD-SLOPING

D. UPWARD-SLOPING

Answers

In a perfectly competitive resource market, the Marginal Revenue Product Curve is downward sloping. The Option C is correct.

What is the marginal revenue curve in perfect competition?

The marginal revenue curve is a curve that graphically represents the relation between the marginal revenue received by a perfectly competitive firm for selling its output and the quantity of output sold.

As a perfectly competitive firm is a price taker and faces a horizontal demand curve, its marginal revenue curve is also horizontal and coincides with its average revenue (and demand) curve. It also maximizes profit by producing the quantity of output found at the intersection of the marginal revenue curve and marginal cost curve.

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You and your best friend decide you would like to open a coffee shop. Create a sample logo, showcasing the name of your coffee shop. Determine the most appropriate way to protect your business name and logo through choosing the applicable intellectual property law.

Follow these steps to complete this activity. You will choose a name, create a logo with your preferred design program, and fill out a sample application for protecting your intellectual property.

Step 1: Create a name and relevant logo
Decide on a name for the coffee shop.
Using your preferred design program, create a relevant logo.
Step 2: Choose intellectual property law and do online research
Determine which intellectual property law applies to protecting names and logos.
Go online to your state’s government site.
Find applications to register and protect intellectual property.
Step 3: Complete application
Download the appropriate application.
Fill it out as if you planned to submit it.

Answers

To protect the name and logo of a coffee shop, one should choose the appropriate intellectual property law and complete the necessary application.

To protect their business name and logo, the owners should choose the applicable intellectual property law, such as trademarks or copyrights.

What steps must we follow to fill the application out as if you planned to submit it?

To complete the application for protecting the name and logo of your coffee shop, you can start by researching the relevant intellectual property law that applies to your situation.

Trademarks are the most common form of protection for business names and logos, so you should research the trademark registration process and requirements. Visit the website of the United States Patent and Trademark Office (USPTO) to learn more about trademarks and fill out the appropriate application form.

The application will require basic information about your business, such as the name and address, as well as a description of the logo and its intended use. You will also need to pay the application fee, which varies depending on the type of application and the number of trademark classes you choose. Once you have completed the application, you can submit it online or by mail to begin the process of protecting your coffee shop's name and logo

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If NASA were developing a new type of spacecraft and an individual requested the plans through the Freedom of information Act, on what grounds could the request be denied?

Answers

Answer:

Documents and records exempted from public disclosure via a valid Executive Order that promotes national security or good foreign policy

Explanation:

They can be denied on the grounds of the exemptions protect against the disclosure of information that would harm.

What are FOIA exemptions?

The exclusions guard against the publication of information that might endanger vital acknowledged interests such national security, individual privacy, company property interests, government operation, and others.

Even if a record contains some information that is exempt, the full record may not be exempt. Instead, the FOIA clearly states that when exempt elements are removed, all reasonably separable portions of a record must be given to a requester.

Therefore, these are the grounds on whose basis FOIA can deny the request.

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