Global tables for Amazon DynamoDB For this need, the AWS database service is the best option.
What sort of database services does AWS offer?A managed service that streamlines the installation, use, and scalability of relational databases in the cloud. Three open source databases—MySQL, PostgreSQL, and MariaDB—are among the six well-known engines that Amazon RDS supports. A relational database may be easily set up, run, and scaled in the cloud with the help of Amazon Relational Database Service (Amazon RDS). It offers reasonably priced and expandable capacity while speeding up time-consuming administrative operations including hardware provisioning, database setup, patching, and backups. On-demand safe access to server instances is made possible by the web service Amazon Elastic Compute Cloud (Amazon EC2).
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Please review the screenshots
1 - 3) The computation of the cost of goods sold, ending inventory, sales revenue, and gross profits under each inventory costing method for Rosenberg Incorporated is as follows:
FIFO LIFO Weighted Average
Cost of goods sold $2,111 $2,004 $2,053
($2,699 - $588) ($2,699 - $695) (89 x $23.0684)
Ending inventory $588 $695 $646
($21 x 28) ($575 + $24 x 5) (28 x $23.0684)
Sales Revenue $2,937 ($33 x 89) $2,937 $2,937
Gross profits $826 $933 $884
4) The determination of the method that results in higher profitability when inventory costs are declining is as follows:
When inventory costs are declining, the LIFO method results in higher profitability with a gross profit of $933, which is higher than the weighted average method's $884 and the FIFO method's $826.
The higher profitability results from the lower cost of goods sold with declining inventory costs used to assign costs to the cost of goods sold.
Data and Calculations:Date Transactions Number of Units Unit Cost Total Cost
Jan. 1 Beginning inventory 23 $25 $575
Mar. 4 Purchase 28 $24 672
Jun. 9 Purchase 33 $23 759
Nov. 11 Purchase 33 $21 693
Total 117 $2,699
Sales -89
Ending inventory 28 (117 - 89)
Average cost per unit = $23.0684 ($2,699/117)
Cost of goods available for sale = $2,699
Cost of goods sold = Cost of goods available for sale - Ending Inventory
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FILL THE BLANK One suggestion for helping poor countries enjoy the benefits of free trade is for richer nations to reduce barriers to importing products from those nations particularly for textiles and ________ products.
One suggestion for helping poor countries enjoy the benefits of free trade is for richer nations to reduce barriers to importing products from those nations particularly for textiles and agricultural products.
What is the principal advantage of free commerce between two nations?Non-tariff obstacles that might otherwise obstruct the flow of products and services can also be addressed by free trade agreements. They also promote investment and help to enhance the regulations governing things like intellectual property, e-commerce, and government procurement.
The two obstacles to free commerce are what?A tariff, or import tax, is the most frequent type of trade barrier. Imported items cost much more domestically finished goods due to tariffs (good produced at home). A government subsidizing to one domestic companies over another is a conventional trade barrier. Producing those things has become more affordable than selling them outside thanks to subsidies.
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Determining whether to raise or lower the Federal Funds Rate is a responsibility of __________.
A. the central bank
B. the credit unions
C. the government
D. the commercial banks
Answer:
Option A
A. the central bank
Explanation:
The Federal Funds Rate refers to the maximum interest rate at which commercial banks can borrow money, and lend their surplus to other commercial banks. These interest charges are usually done on an overnight basis.
The central bank of a nation is responsible for the raising or lowering of the Federal Funds rate. The Central bank can lower the Federal Funds Rate to ensure that low-interest rates are given to businesses to enable them to expand and enrich the economy of the nation.
THE FOLLOWING INFO IS AVAILABLE FOR BERLIN CORPORATION FOR THE YEAR ENDING 12/31/20. OTHER REVENUE/GAINS= 12700, OTHER EXPENSES/LOSSES=13300, COST OF GOODS SOLD= 156000SALES 592000, OPERATING EXPENSES= 186000, SALES RETURNS= 40000. PREPARE A STEP-BY-STEP INCOME STATEMENT. TAX RATE IS 30 PERCENT
Based on the revenue, the expenses, the sales, and other entries, the step - by - step income statement for Berlin Corporation is:
Berlin Corporation.
Income Statement
Sales Revenue $592,000
Less: Sales Return $40, 000
Net Sales $552, 000
Less : Cost of Goods sold ($156, 000)
Gross Profit $396, 000
Less Operating expenses: (186, 000)
Income from operations $210, 000
Other Revenue /Gains 12, 700
Other Expenses /Losses (13, 300) ( 600 )
Income before income taxes $209 ,400
Less: Income tax expense ($62, 820)
Net Income / (Loss) $146,580
How to make an income statement?When making an income statement, the goal is to find out how much net income or loss that a company makes.
First, write the revenue and then remove any sales returns or allowances. Then remove the cost of goods sold to find the gross profit. After this, the operating expenses are removed to find the income before taxes. After the taxes are removed, the remaining amount would be the Net income or loss.
The taxes here are:
= 209, 400 x 30%
= $62, 820
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Assignment:
Your audience is me, the Teacher. I am requesting that you plan, organize, and design a short business presentation that should include visuals/graphics.
You choose the business topic.
- Demonstrates planning and organizing. (Plan a business presentation that accomplishes the speaker’s goals and meets the audience’s needs, & organize and develop the three parts of an effective presentation)
- Designs a business presentation including at least 3 visuals/graphics.
- Illustrates effective use of color schemes and appealing fonts.
- Identifies use of presentation software and follows assignment directions.
- Prepares a 5-minute professional business presentation consisting of 5-10 slides.
The business topic i woud choose is E-Commerce. which is f buying and selling goods and services online and the best way to sell products in this age.
What is E-commerce?E-commerce can be described a the Online purchasing as well as selling of products and services is known as e-commerce t hould be notd that the Affiliate marketing strategies are also a possible part that can be attrib uted to the ecommerce firm. To increase online sales, you can leverage ecommerce platforms like your own website, a well-known retailer like Amazon, or social media.
The three types of e-commerce are;
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Which of the following is an ethical violation in the area of finance?
O A. Keeping a financial client's activities confidential even when they
are likely to harm the finances of a close friend or relative
B. Reporting legal violations of your own company to the appropriate
government agency knowing that it could lead to serious problems
for the company
C. Selling the stock you have from the company you work for before
information about the decreased value of the stock is made public
D. Making accurate public reports of bad news that will obviously
harm the stock value of a publicly traded company
Answer:
The answer is C. Selling the stock you have from the company you work for before information about the decreased value of the stock is made public
Explanation:
Selling the stock you have from the company you work for before information about the decreased value of the stock is made public is an ethical violation.
What is an ethical violation?An ethical violation is a action which goes against the prescribed ethics or acceptable behavior.
In the finance industry, there are ethics that guides businesses.
From the given options, an ethical violation will be selling the stock you have from the company you work for before information about the decreased value of the stock is made public.
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You own a graphic design business. You have a new client who is refusing to
pay her bill because she doesn't like the way her brochures turned out, even
though you created them based on her specifications. Because you do not
have a long-standing relationship with this client and you don't want to spend
a lot of money getting this dispute resolved, which of the following is the best
method for you to pursue?
Owning a graphic designing business the best way to resolve the dispute is mediation , as the individual will address the loss of a party to another.
What is litigation?Litigation is the process of taking a dispute to court, where the court hears the trial and upon considering all the aspects it provides a decision.
Litigation process is lengthy and requires more money to be paid to lawyers.
Mediation is the process in which an unrelated person tries to consider the negative effects of both the parties and addresses them to the other party.
Arbitration is the process in which all the facts and figures of the dispute is highlighted and then a decision is taken by a third party.
Negotiations are done when the other party is considering the other party which does not seem to be the case here.
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Two factors that can cause a person to change their status from *employed" to "not economically active"
A person's economic status can move from "employed" to "non-economically active" due to two circumstances.
For men, being out of the labor force due to illness or disability has been the main cause. The main motivation for women has been to take care of a family member.The population that is engaged in the economy includes both employed and unemployed people. The population that is "economically active" is referred to as the labor force or labor supply. Those who were working for pay, profit, or family gain at the time of the census are considered employed.
The labor force is a crucial element of economic expansion: Businesses are able to increase production and employment when more people join the workforce.
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why is specialization a good idea in trade ?
Answer:
it tells the other side of the trade you know what to do with the product and to fullfill the other sides expections
Explanation:
help with the blank lol
Mr Munzara is a currency arbitrager for BE Forward, Tokohama. The spot rate this morning is ¥111.22/$ and early indications are that short term interest rates in the USA, 90 – day rates, are about to rise from their current level of 3.125%. The central bank of USA, the Fed, is worried about rising inflation and has been publicly considering raising interest rates 25 basis points (0.25%). The 90 – day forward rate to Munzara by local Japanese banks are roughly the same at ¥111.14/$. The current 90 – day yen euro-deposit rate of interest is 2.156%. Mr Munzara has ¥800 million at his disposal.
(a) How can Munzara make a profit through covered interest arbitrage?
(b) How much in yen can he hope to make in profit in 90 days?
(c) If future spot exchange rates were determined by interest rate differentials alone (that is, if the forward rate was a very good forecast of future spot exchange rates), what would Munzara expect the spot rate to be in 90 days if the USA Federal Reserve Bank does the expected?
(d) If Munzara’s expectation of the future spot rate is that of part (c), what profit could he expect to make from uncovered interest arbitrage?
Which law is referred to as the credit cardholders Bill Of Rights ?
Answer: credit CARD act
Hope this helps!!!
A) Fair and Accurate Credit Transaction Act
*Assignment*
1. Think about a business idea (sector)
2. Create a budget and a cash flow statement for that business
3. Highlight the investment appraisal technics to determine if such a business is viable or not.
4. Indicate the source of funding and if it's a loan create an amortisation schedule.
5. Try to convince someone to invest in your project with convincing evidences.
By presenting a compelling business case supported by solid evidence, I would aim to showcase the viability and potential of the solar panel installation business, enticing potential investors to seize the opportunity and contribute to the growth of a sustainable and profitable venture.
Business Idea (Sector):
I propose a business idea in the renewable energy sector, specifically focusing on solar panel installation and maintenance services. The demand for clean and sustainable energy solutions is rapidly increasing, and solar power offers a promising avenue for individuals and businesses to reduce their carbon footprint while saving on energy costs.
Budget and Cash Flow Statement:
The budget will include costs such as equipment and materials, employee wages, marketing expenses, office rent, and administrative costs. The cash flow statement will outline the projected inflows from customer payments, government incentives, and financing, as well as the outflows for operating expenses, loan repayments, and taxes.
Investment Appraisal Techniques:
To determine the viability of the business, several investment appraisal techniques can be employed. These may include net present value (NPV), internal rate of return (IRR), and payback period analysis. These methods will help assess the profitability, financial feasibility, and return on investment of the solar panel installation business.
Source of Funding and Amortization Schedule:
Funding for the business can come from various sources, such as personal savings, angel investors, venture capital, or bank loans. If a loan is obtained, an amortization schedule will be created to outline the repayment plan, including the principal and interest payments over the loan term.
Convincing Investment Proposal:
To convince someone to invest in the project, I would present the following convincing evidence:
Market research highlighting the growing demand for solar energy solutions.
A comprehensive business plan outlining the potential revenue streams, target market, and competitive advantages.
Projections of financial performance using investment appraisal techniques, showcasing the potential for profitability and return on investment.
Case studies or testimonials from satisfied customers, demonstrating the success of similar solar panel installation businesses.
Highlighting the positive environmental impact and the potential for government incentives and grants in the renewable energy sector.
Demonstrating the experience and expertise of the team in the solar energy industry.
By presenting a compelling business case supported by solid evidence, I would aim to showcase the viability and potential of the solar panel installation business, enticing potential investors to seize the opportunity and contribute to the growth of a sustainable and profitable venture.
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On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $83,850 in assets to launch the business. On October 31, the company's records show the following items and amounts.
Cash $7,950 Cash withdrawals by owner 3,070
Accounts recelvable 15,040 Consulting fees earned 15,040
Office suppliles 4,200 Rent expense 4,530
Land 46,010 Salaries expense 8,090
Office equlpment 19,060 Telephone expense 880
Accounts payable 9,430 Miscellaneous expenses 880
Owner Investments 85,050
Requirement:
A) Using the above information prepare an October income statement for the business.
B) Using the above information prepare an October statement of owner's equity for Ernst Consulting.
C) Using the above information prepare an October 31 balance sheet for Ernst Consulting.
Answer:
a. Income Statement
Revenues:
Consulting fees earned $15,040
Total revenues $15,040
Expenses:
Salaries expenses $8,090
Rent $4,350
Telephone $880
Miscellaneous $880
Total Expenses $14,200
Net Income $840
b. Statement of owners equity
Particulars Amount Amount
Add: Investment by owner $85,050
Net Income $840
Capital, October 1 $85,890
Less: Withdrawal by owner $3,070
Capital, October 31 $82,820
c. Balance sheet
Assets Liabilities
Cash $7,950 Accounts payable $9,430
Accounts receivable $15,040
Office supplies $4,200
Land $46,010 Owner's equity $82,820
Office equipment $19,060
Total assets $92,250 Total liabilities & Equity $92,250
A company Web site is an
for a business.
expense
asset
A company website is an \(\sf\purple{asset}\) for a business.
B. asset ✅
\(\bold{ \green{ \star{ \orange{Mystique35}}}}⋆\)
Answer:
The answer is 3
Explanation:
because its 3
I will give brainliest and ratings if you get this correct
3.1 The equilibrium price and quantity for City 1 are 75 and 25, respectively and the total profit for the monopoly is 3775.
3.2 City 2 has a lower price elasticity of demand than City 1.
How to calculate the value3.1. To find the equilibrium price and quantity for each city, we need to equate the demand curve with the marginal cost curve. For City 1, we have:
P₁ = 100-Q = MC = 25
Solving for Q, we get:
Q₁ = 25
Plugging this value of Q into the demand curve for City 1, we get:
P₁ = 100-25 = 75
Therefore, the equilibrium price and quantity for City 1 are 75 and 25, respectively.
We can do the same thing for City 2 to find that the equilibrium price and quantity are 95 and 20, respectively.
To find the profit for each city, we can use the following formula:
Profit = (Price - MC) * Quantity
For City 1, we have:
Profit₁ = (75 - 25) * 25 = 1875
For City 2, we have:
Profit₂ = (95 - 25) * 20 = 1900
Therefore, the total profit for the monopoly is 3775.
3.2. To find the price elasticity of demand for each city, we can use the following formula:
Ed = -(ΔQ/Q)/(ΔP/P)
For City 1, we have:
Ed₁ = -(ΔQ₁/Q₁)/(ΔP₁/P₁) = -(0/25)/(25/75) = -1
For City 2, we have:
Ed₂ = -(ΔQ₂/Q₂)/(ΔP₂/P₂) = -(0/20)/(95/120) = -2
Therefore, City 2 has a lower price elasticity of demand than City 1.
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Describe how SaksFirst builds loyalty for SaksFifth Avenue
SaksFirst builds loyalty for SaksFifth Avenue because there was a provision that All Saks cardholders will earn points toward a SaksFirst Gift Card when make first purchase.
What is loyalty in business?Loyalty can be described as the act of allegiance which is the process of been faithful to the brand or to the customer and this do help the relationship that can be set up between the customers of the firm and the firm.
It should be noted that the case above was able to build their loyalty by been able to give points to at first purchase that is been made.
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2.
"A typical transformation is led by a CEO figurehead. It often involves major structural
change (acquisitions, disposals, partnerships, and organizational redesign),
widespread deployment of new technologies, considerable effort, and cultural
change. These elements still play critical roles, but a more complex, sensitized
context requires leaders to be wiser in what they say and do- and doing more of the
same won't cut it."
Explain the dimensions of culture in relation to the above excerpt.
Employees, clients, and investors have high expectations for the companies in the altered post-pandemic environment.
Successful business transitions are uncommon, and the epidemic has only increased their difficulty and rarity. It is hardly unexpected that this is challenging, especially for "traditional" organizations. A significant and permanent change in an organization's identity, value system, and capabilities necessitates three challenging actions: repositioning the core business, developing new sources of growth, and developing a deeper sense of purpose that directs strategic decisions and shapes workplace culture.
Infrastructure, processes, and technologies need to be updated in order to accommodate the growth of online commerce and remote labor. Additionally, as digital platforms like expand and diversify, it becomes more difficult to compete in certain markets. challenging economic circumstances (weak consumer demand).
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What would the cost of goods sold be if the cost of goods available for sale totaled $650 and the ending inventory total? $86.
564.00
546.00
5.46
50.64
Answer:
4
Explanation:
i need points for my test
Question 12
In the context of international trade restrictions, governments tend to use protective
are crucial to the domestic economy.
export duties
quorums
tariffs
voluntary export restraints
In the context of international trade restrictions, governments tend to use protective are crucial to the domestic economy: tariffs
A government is the device or institution of people governing a prepared community, normally a state A gadget of government distributes strength amongst exclusive parts and stages of the state. Political scientists examine the makes use of energy, inclusive of how energy is shipped inside a kingdom. the quantity of power held with the aid of the vital authorities determines the system of the presidency a nation has.
Government is the gadget or institution of human beings governing an organized community, commonly a kingdom. in the case of its wide associative definition, authorities usually consist of legislature, govt, and judiciary. a government is an institution or a device made of a set of human beings that takes care of or manages a country or a country. every government has its own charter or a hard and fast of fundamental standards that it follows to make sure effective governance.
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If a firm produces nothing, which of the following costs will be zero?
a. total cost
b. fixed cost
c. opportunity cost
d. variable cost
D is the answer
Mark me as brainliest pweze
The cost that will be zero if a firm produces nothing is variable cost because it is a cost that changes with level of output.
What is variable cost?Variable cost refers to the cost that vary with the level of output. This means that at every activity leve, the variable cost changes with it.
The above means that a constant amount per unit produced is the variable cost of manufacturing which implies that once the output is zero, the variable cost will be zero as well.
Hence, the cost that will be zero if a firm produces nothing is variable cost.
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factorize the following algebraic expressions.
m²-64n⁴
Answer:
Factorization of the expression = [m - 8n²][m + 8n²]
Explanation:
Given expression;
m²- 64n⁴
Find:
Factorization of the expression
Computation:
m²- 64n⁴
m²- [(8n²)]²
Using formula;
a² - b² = (a + b)(a - b)
By putting value in above formula;
So,
Factorization of the expression = m²- [(8n²)]²
Factorization of the expression = (m)²- [(8n²)]²
Factorization of the expression = [m - 8n²][m + 8n²]
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?
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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The company expected to sell 45,000 units next year with the following results:
Sales P900,000
Variable costs 540,000
Contribution margin 360,000
Fixed costs 150,000
Income before taxes 210,000
Income taxes 84,000
Net income P126,000
a. If the company wants an after-tax return on sales of 15% on its expected volume of
45,000 units, what price must it charge?
The company must charge P18.13 per unit to achieve a 15% after-tax return on sales.
What is After-tax Profit per unit?After-tax profit per unit is the amount of profit that a company earns on each unit sold after deducting income taxes from its net income. It can be calculated by dividing the after-tax net income by the total number of units sold. After-tax net income is the amount of net income remaining after deducting income taxes from the gross income.
To determine the price that the company must charge to achieve a 15% after-tax return on sales, we need to use the following formula:
Price = (Variable Cost per unit + Fixed Cost per unit + After-tax Profit per unit) / Unit Sales
We can first calculate the variable cost per unit by dividing the total variable costs by the expected unit sales:
Variable Cost per unit = Total Variable Costs / Unit Sales
Variable Cost per unit = P540,000 / 45,000 units
Variable Cost per unit = P12
Next, we can calculate the fixed cost per unit by dividing the total fixed costs by the expected unit sales:
Fixed Cost per unit = Total Fixed Costs / Unit Sales
Fixed Cost per unit = P150,000 / 45,000 units
Fixed Cost per unit = P3.33
We can then calculate the after-tax profit per unit by dividing the after-tax net income by the expected unit sales:
After-tax Profit per unit = After-tax Net Income / Unit Sales
After-tax Profit per unit = P126,000 / 45,000 units
After-tax Profit per unit = P2.80
Now we can substitute these values into the price formula:
Price = (Variable Cost per unit + Fixed Cost per unit + After-tax Profit per unit) / Unit Sales
Price = (P12 + P3.33 + P2.80) / 1
Price = P18.13
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Fremont LLC is looking to purchase new water chlorination equipment. A salesman from Industrial Water Services (IWS) offered water chlorination equipment for $2.1 million. IWS also said that Fremont LLC would not have to pay for the equipment now and can pay after 2 years. While the price offered by a competing saleswoman from AG Enterprises is $1.7 million to be paid now. Fremont LLC's real MARR is 12% per year, and the inflation rate is 3.9% per year. Determine which offer is better.
a. AG offer
b. IWS offer
Answer:
Fremont LLC
Purchase of New Water Chlorination Equipment
The better offer is:
b. IWS offer
Explanation:
a) Data and Calculations:
Offer from Industrial Water Services (IWS) = $2.1 million
Payment term = 2 years
MARR = 12%
Inflation rate = 3.9%
Present value of IWS offer = $1,563,336.34 (see below)
Present value of AG Enterprises offer = $1.7 million
N (# of periods) 2
I/Y (Interest per year) 15.9
PMT (Periodic Payment) 0
FV (Future Value) 2100000
Results
PV = $1,563,336.34
Total Interest $536,663.66
What is globalization?
Answer:
the process by which businesses or other organizations develop international influence or start operating on an international scale.
in other words
the process where businesses or organizations begin spreading internationally
Explanation:
What is the numbers of units to be produced if the firm desires to make a profit of birr 10000 assuming the fixed cost, selling price per unit & variable cost per unit are birr 50000,birr 20 & birr 10 respectively?
6000 units is the number of units to be produced if the firm desires to make a profit of birr 10000 the fixed cost, selling price per unit & variable cost per unit are birr 50000,birr 20 & birr 10 respectively.
let's assume the units to be produced by X.
then sales (20X)= variable cast (10X) + fixed cost (50000) + profit (10000)
20X = 10X + 50000 + 10000
X = 6000 units.
In accounting and economics, 'constant costs', additionally called oblique costs or overhead fees, are business expenses that are not depending on the extent of products or offerings produced with the aid of the enterprise. They have a tendency to be habitual, such as hobby or rent being paid consistently per month. these charges also have a tendency to be capital prices.
fixed expenses are charges which are independent of volume. constant costs have a tendency to be prices that might be based totally on time in preference to the quantity produced or sold via your enterprise. Examples of constant prices are rent and rent expenses, salaries, software payments, coverage, and mortgage repayments. constant price is referred to as the price that doesn't check in a change with an increase or decrease in the number of goods produced via a company. The variable value is referred to as the kind of cost as a way to display versions as in keeping with the modifications in the stages of manufacturing. Nature of fee.Learn more about fixed cost here: https://brainly.com/question/3636923
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When you are looking for a used car, this resource will help you best determine the value of a particular make and model:
practice setting goals for various aspects of your personal life such as academics career preparation family hobbie. set at least two short term goals and at least two Long term goals for each area for these goals that you have set write out plans for achieving those goals.think in terms of what you will have to do to accomplish each
Certainly, setting goals is an essential practice to achieve success and satisfaction in various aspects of personal life.
Academics:
Short-term goals:
Attend all classes and complete assignments on time.Improve my grade in a specific course by studying regularly. Plan to achieve short-term goals:
Create a daily study schedule and allocate time for reading, writing, and reviewing notes.Seek help from a tutor or professor for difficult concepts.
Long-term goals: Achieve a high GPA to qualify for graduate school. Get accepted into my desired graduate program. Plan to achieve long-term goals: Take challenging courses and attend workshops or seminars to improve academic skills.Research graduate programs and their admission requirements, and prepare for standardized tests if necessary.
Career Preparation:
Short-term goals: Update my resume and cover letter for job applications.Attend a networking event and meet new people in my industry. Plan to achieve short-term goals:Research the latest trends in resume and cover letter writing, and tailor them to specific job applications. Prepare a pitch and networking strategy in advance.
Long-term goals:
Secure a job in my preferred industry and position. Develop new skills and advance in my career.Plan to achieve long-term goals:Attend career fairs, conferences, and other industry events to network and learn about job opportunities.Take online courses or certifications to acquire new skills and knowledge.Seek mentorship or coaching from experienced professionals.
Family:
Short-term goals:Plan a weekend outing with my family.Call or video with a family member living in a different city or country.Plan to achieve short-term goals: Discuss with family members and decide on a fun activity that everyone can enjoy.Schedule a specific time for calling or video chatting, and set reminders if necessary.
Long-term goals:
Spend more quality time with family on a regular basis.Plan and save for a family vacation in the next year.Plan to achieve long-term goals:Create a family calendar or schedule to plan and prioritize events and activities.Set aside a specific amount of money each month for family vacations or other activities.
Hobbies:
Short-term goals:
Practice a new hobby for at least one hour each day.Learn a new technique or skill in my hobby.Plan to achieve short-term goals:Schedule a specific time each day for practicing or learning, and avoid distractions. Research online tutorials or courses, and follow step-by-step instructions.
Long-term goals:
Master a specific hobby and showcase my work publicly.Incorporate my hobby into my career or business.Plan to achieve long-term goals:Attend workshops or conferences to learn from experts and connect with like-minded individuals.Create a portfolio or online gallery to showcase my best work and promote my hobby.
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what are some ways the financial crisis in 2008 could've been avoided
The financial crisis in 2008 could've been avoided in some ways by Regulating the housing market, Proper regulation banks and financial institutions, Introduction of better accounting standards, Encouraging greater transparency, and Regulating credit rating agencies.
The global financial crisis of 2008 was a significant economic event that had a far-reaching impact on the worldwide economy. The crisis resulted in the collapse of numerous leading financial institutions, which led to unprecedented losses in the stock market, a decline in economic growth, and high levels of unemployment. It is commonly believed that the crisis could have been avoided if appropriate measures had been taken at the right time.
Here are some ways the financial crisis in 2008 could have been avoided:
1. Regulating the housing market: The financial crisis of 2008 originated from the housing market collapse. Banks and financial institutions had given loans to people who could not afford them, and when the housing bubble burst, a massive number of mortgages went into default. If the government had regulated the housing market more effectively, the financial institutions would not have been able to give out loans to risky borrowers, and the housing market would not have collapsed.
2. Proper regulation of banks and financial institutions: If banks and financial institutions were regulated more effectively, they would not have been able to engage in risky financial practices that led to the crisis. Regulators would have spotted the risky activities early on and would have been able to take corrective action before it was too late.
3. Introduction of better accounting standards: During the financial crisis of 2008, banks and financial institutions engaged in creative accounting practices to hide their losses. This deception made it difficult to ascertain the real situation of the banks and financial institutions, leading to a lack of confidence in the market. If better accounting standards had been introduced, this could have been avoided.
4. Encouraging greater transparency: The financial crisis of 2008 was partly caused by a lack of transparency in the market. If regulators had encouraged greater transparency, there would have been more information available to investors, which could have led to greater confidence in the market.
5. Regulating credit rating agencies: Credit rating agencies played a significant role in the financial crisis of 2008. They gave high ratings to toxic financial products, which misled investors and led to the collapse of the market. If credit rating agencies were regulated more effectively, they would not have been able to give high ratings to risky products, and the market would have been more stable.
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