A corporation files articles of "incorporation" with the state explaining its organization. This process is known as incorporation, which legally establishes the corporation as a separate entity from its owners.
A corporation files articles of incorporation with the state explaining its organization. When a corporation is formed, it must file articles of incorporation with the state in which it is organizing. These articles provide details about the corporation's organization, such as its name, purpose, stock structure, and board of directors. The articles of incorporation also outline the legal and financial responsibilities of the corporation and its owners. This document is important because it establishes the corporation as a legal entity and sets out the rules and regulations that will govern its operations.
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The computer accessories that Javier is making and
selling are bringing in a substantial amount of money
for him. Inspired by this success, he decides to hire two
people and expand his business.
A.international competition
B.consumer sovereignty
C.wealth creation
D.property rights
E.profit motive
Answer:
E. Profit motive
Explanation:
Profit motive can be defined as the intention, motivation or desire to form a business or engage in business ventures so as to generate financial (monetary) gains.
This ultimately implies that, profit motive is a desire for monetary gains (profits) which motivates a business owner to engage in the sales of finished goods or services.
Hence, profit motive is the premise on which all businesses are built on because the ultimate goal of every business is to achieve financial gains.
In this scenario, the computer accessories that Javier is making and selling are bringing in a substantial amount of money for him. Inspired by this success, he decides to hire two people and expand his business.
Thus, this is an example of profit motive.
Shared value and _____ development consider environmental and social effects of business as well as profit.
Shared value and sustainable development consider environmental and social effects of business as well as profit.
Shared value and sustainable development both consider the environmental and social effects of business as well as profit. Shared value is a business strategy that creates economic value by addressing societal needs, it is a way for companies to create value for their shareholders and society simultaneously.
Sustainable development, on the other hand, refers to a development approach that meets the needs of the present without compromising the ability of future generations to meet their own needs. It aims to balance economic, social, and environmental sustainability to ensure that progress is inclusive and equitable.
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Suppose that there are two winners for the Nobel Prize in Economics this year, and suppose that one of them is a professor at your university while the other is a professor somewhere else. Research suggests that you will tend to:__________
Answer: You would tend to sing the praises of the professor associated with your University, you would want to play the familiarity card to others of how you might know him because he teaches in your University.
Explanation:
There are two things involved in these scenario, one of them is that you would tend to sing the praises of the professor associated with your University, you would want to play the familiarity card to others of how you might know him because he teaches in your University.
The second is that you would be inquisitive about the other professor and want to know more about his profile.
But in most cases the familiarity aspect happen more than the other.
What positive qualities can employers most likely
discover about candidates from candidates' social
media accounts? Check all that apply.
Therefore, you may think that it would be wise not to
have any social media accounts. Better safe than sorry,
right? However, the Career Builder survey also revealed
that employers expect workers to have an online presence
and may not hire them without it. About 47 percent of
employers said that they are less likely to call a candidate
in for an interview if they cannot find him or her on the
internet. That's because social media can help employers
uncover positive traits, not just negative ones. These sites
can provide a glimpse into a potential hire's creativity,
communication skills, or ability to interact well with
others. They also may help employers learn more about
people's interests and discover if they would fit well with
the company. In some fields, such as film, television, or
other forms of media, having a lot of social media
followers is a mark in a potential employee's favor.
their creativity
their salary demands
their communication skills
how they might get along with others
how long they would likely stay in a job
The positive qualities that employers can most likely discover about candidates from candidates' social media accounts are their creativity, communication skills, and How they might get along with others. The correct option is A, C, and D.
Through posts, shares, and interactions with content, social media platforms frequently highlight an individual's creativity. Employers can evaluate a candidate's capacity to think creatively, communicate themselves in original ways, and possibly offer novel ideas at work.
Social media encompasses the exchange of knowledge, textual communication, and communication with others through comments and conversations.
Employers can gain insight into a candidate's ability to collaborate, cooperate, and get along with others in a professional situation by observing the interactions the applicant has with others on social media.
Thus, the ideal selections are options A, C, and D.
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Suppose a perpetuity bond with a face value of $1,000 has a coupon rate of 8%. If market interest rates rise to 12%, the price of the bond:
Question 22 options:
rises to $1,120.
rises to $1,080.
falls to $666.67.
falls to $880.
The price of a bond is inversely related to market interest rates. When interest rates rise, the price of a bond falls and vice versa. This is because investors will demand a higher yield to compensate for the increased opportunity cost of holding a fixed income security in a rising interest rate environment. In the case of the perpetuity bond with a coupon rate of 8%, its annual cash flow is $80 ($1,000 x 8%).
If market interest rates rise to 12%, investors would expect to receive a higher return on their investment. In order to achieve this, the price of the bond would have to fall until its yield matches the market rate of 12%. Using the formula for the price of a perpetuity bond, which is P = C / r, where P is the price, C is the annual cash flow, and r is the market interest rate, we can calculate the new price of the bond. P = $80 / 0.12 = $666.67 Therefore, the price of the bond falls to $666.67 when market interest rates rise to 12%. The correct answer is option C. A perpetuity bond with a face value of $1,000 and a coupon rate of 8% means that it pays $80 annually (8% of $1,000) in interest payments indefinitely. When market interest rates change, bond prices adjust accordingly to remain competitive in the market. In this case, market interest rates have risen to 12%.To determine the new price of the bond, we need to calculate the present value of the bond's cash flows using the new market interest rate. Since it is a perpetuity, we use the formula for present value of a perpetuity: PV = Cash Flow / Interest Rate.In our scenario, the cash flow is $80, and the new market interest rate is 12% or 0.12. Using the formula, we get: PV = $80 / 0.12 = $666.67.Therefore, as market interest rates rise to 12%, the price of the perpetuity bond falls to $666.67.
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How do you calculate days sales in inventory?
Days sales of inventory( DSI) is the average number of days it takes for a establishment to vend off force. Days Sales of Inventory = ( Average Inventory ÷ COGS), multiplied by 365.
DSI is a metric that judges use to determine the effectiveness of deals. A high DSI can indicate that a establishment isn't duly managing its force or that it has force that's delicate to vend.
A high days deals in force suggests a company is inadequately managing its force. Generally, a small normal of days deals, or low days deals in force, indicates that a business is effective, both in terms of deals performance and force operation. Hence, it's more favorable than reporting a high DSI.
still, the force days or days' deals in force will increase, If profitable or competitive factors beget a unforeseen and significant drop in deals.
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A is made up of or more and a section, is commanded by a ,
The clock division of Control Central Corporation manufactures clocks and then sells them to customers for $10 per unit. Its variable cost is $4 per unit, and its fixed cost per unit is $2.50. Management would like the clock division to transfer 8,000 of these clocks to another division within the company at a price of $5. The clock division could avoid $0.50 per clock of variable packaging costs by selling internally. (a) Determine the minimum transfer price, assuming the clock division is not operating at full capacity.
Answer:
Minimum Transfer Price is $3.50
Explanation:
The Minimum transfer price is calculated by adding the variable cost per unit with the opportunity cost. In this case where the clock division is not operating at full capacity then the opportunity cost would be considered as $0.
Moreover, the division would be able to avoid a $0.5 cost per clock. Therefore, the variable cost will be $3.50 ($4 - $0.5) after eliminating the $0.5.
Finally, the minimum transfer would as follows:
Minimum Transfer Price = Variable cost + Opportunity Cost
Minimum Transfer Price = $3.50 + $0
Minimum Transfer Price = $3.50
which economic advantage does eastern europe enjoy because of its location next to russia?
the amount of money you may earn over time is called
The amount of money you may earn over time is called Future Earnings Potential. Amount that you might make in your lifetime. Demographics. Individual traits like age, gender, race, income, and so forth.
What is Future Earnings Potential?
Earning potential is the anticipated increase in total return that an investor might anticipate from holding an investment (capital gains plus dividends and cash flows). Ratio analysis is a tool used by fundamental analysts to estimate a company's earning potential for investors.
Total future values of your contracts less your compensation, the payroll of the company, and other fixed costs. Your projected future business income is represented by the resulting number.
Let's start with the definition of your earning potential (income potential): this is the sum of money you should be able to accumulate over the course of a certain period of time. In other words, this is a reference to your potential for financial gain. Earning potentials are often determined by the highest wage in a given industry or profession.
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Business partners Lars and Sam brought to life a revolutionary idea.Both were skilled in computer science.For the first few years,they hired people with their same mindset: employees who worked well under a free-reign leadership style where they could expand upon the company's technology and create new products.Moving forward,the partners realized that their fast-growing venture needed structure.Lars and Sam understood what was needed,but questioned whether they could change their own leadership behavior to make it happen.In order to develop the financial and operations side of the business,the partners hired an additional leader,a person whose leadership style was high on structure.Which of the following statements about leader behavior attests to the soundness of this strategic move?
A) These partners could not perform the four functions of management.
B) Successful leaders adapt their behavior to the situation at hand.
C) Most successful leaders will choose one leadership style and never succumb to the threat that their behavior will be detrimental to a business's progress.
D) Businesses cannot continue to grow under the leadership of the original owners.Leaders cannot be strong in consideration and structure.
It is either one or the other,but never both in various amounts.
Answer: B) Successful leaders adapt their behavior to the situation at hand.
Explanation:
The business environment is not a fixed one, rather, it is constantly changing and in order for companies to survive, they would have to either evolve or die.
This is why leaders in those companies have to be able to adapt their behavior to the situation at hand, master it, and come up with a relevant solution.
In hiring the additional leader who could give their company structure when they needed structure, Lars and Sam are adapting to the situation at hand which makes them successful leaders.
Match the given distinctiveness to the type of equity or debt finance that is available for a business.
TILES
common stock
preferred stock
retained earnings
senior debt
subordinate debt
Boxes
the profit is used in the business
the equity holders are paid dividends at regular intervals
the equity holders have a right to vote on corporate policy
the lenders are always paid within a predetermined time
the debt carries more risk and is not the first in line to be paid
Answer:
See below
Explanation:
Common stock
The equity holders have a right to vote on corporate policy. In the case of liquidation, common stockholders are last in line in the distribution of the company's assets.
Preferred stock
The equity holders are paid dividends at regular intervals. Preferred stockholders have a priority in dividends payments over common shares but have no voting rights.
Retained earnings
The profit is used in the business. Retained earnings are profits that a company's management opts to distribute to shareholders as dividends.
Senior debt
The lenders are always paid within a predetermined time. Senior debts are low risk as they are given priority over other debts in repayment.
Subordinate debt
The debt carries more risk and is not the first in line to be paid. In the event of liquidation, subordinate debts are considered last in order of payment.
employees are likely to see an adaptive change asmultiple choiceleast threatening.moderately threatening.unnecessary.highly threatening.
Employees are likely to see an adaptive change as least threatening.
What is an adaptive change?
Adaptive change is a change made by an organization in response to environmental changes. Adaptive change is often made in response to internal and external pressures. These shifts may be minor, such as minor organizational changes, or significant, such as a complete shift in the way an organization operates. When considering change management, employees' reactions are critical to a change's success. Employees are more likely to see an adaptive change as the least threatening since it is a type of change that allows them to adapt and grow with the organization rather than working against it. Therefore, employees are more inclined to embrace adaptive changes as a way of staying relevant and effective within the organization.
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what are the six stages of the product adoption process
Answer:
the six stages of the product adoption process are :
1. Awareness.
2. Interest.
3. Evaluation.
4. Adoption
5. Confirmation
6. trial
Last year a business had fixed costs of £875,000 and revenue of 2.5 million. The business had total variable coats of 50,000 and sold 100,000 units. Calculate the total costs of the business last year
Answer:
Total cost of the business = £925,000
Explanation:
Solution:
Data given:
Fixed cost = £875000
Revenue generated = 2.5 million
Total variable cost = 50,000
Units Sold = 100,000
What is the total cost of the business = ?
Formula for total cost of the business is:
Total Cost = Total Fixed Cost + (Average variable cost per unit x units produced)
Here we have, Total variable cost not the average variable cost per unit.
So,
Average variable cost per unit = Total variable cost/ units produced
Average variable cost per unit = 50,000/100,000
Average variable cost per unit = 1/2 = £0.5 per unit.
Now,
Total cost of the business = Total Fixed Cost + (Average variable cost per unit x units produced)
Let's plug in the values.
Total cost of the business = 875,000 + (0.5 x 100,000)
Total cost of the business = £925,000
One of the core conceptual models we have considered this semester is Butler’s Destination Lifecycle. With reference to a tourism destination of your choice describe two reasons why it is sometimes difficult to determine a critical carrying capacity threshold.
However, the concept of carrying capacity is not always well defined or well understood. Some researchers define carrying capacity as the number of tourists that a destination can accommodate without causing environmental degradation,
One of the core conceptual models that are considered in tourism is Butler’s Destination Lifecycle. In relation to a tourism destination of your choice, there are two reasons why it is sometimes difficult to determine a critical carrying capacity threshold. These reasons are conceptual.The first reason is that carrying capacity is a conceptual term that is often difficult to determine. The carrying capacity of a destination depends on a range of factors such as the characteristics of the destination, the type of tourists that visit, and the tourist’s behavior. It is often difficult to determine the carrying capacity of a destination because of the complexity of these factors. The carrying capacity of a destination is not fixed; it can change over time due to changes in the destination’s environment.The second reason why it is sometimes difficult to determine a critical carrying capacity threshold is that carrying capacity is sometimes difficult to describe.
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A Life Settlement Broker is exclusively the representative of the __________ who seeks to sell his interest in the policy.
A. Policyowner
B. Beneficiary
C. Insurer
D. Provider
A. Policyowner. A Life Settlement Broker is exclusively the representative of the policyowner who seeks to sell their interest in the life insurance policy.
In a life settlement transaction, the policyowner, who is the owner of the life insurance policy, decides to sell their policy to a third party for a lump sum cash payment. The life settlement broker acts as an intermediary between the policyowner and potential buyers, such as institutional investors or life settlement providers. The broker's role is to facilitate the sale process, including assessing the policy's value, marketing it to potential buyers, and negotiating the best terms for the policyowner. They represent the policyowner's interests throughout the transaction and work to maximize the value of the policy sale. Thus, the life settlement broker serves as the exclusive representative of the policyowner in the life settlement process.
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What are 3 areas of money management that confuse you?.
The 3 areas of money management that confuse the most is Confusing Profit With Cash, Failing to Manage Cash Flow and Spending Too Much Too Soon.
What is Money management?Money management refers to a conscious attempt to track expenses, investing, budgeting, banking and assessment tax liabilities
Some area of money management that confuse people in general includes:
Spending Too Much Too SoonOverestimating Future SalesFailing to Manage Cash FlowNot Analyzing PricesMixing Personal and Business FinancesConfusing Profit With CashHowever, the 3 areas of money management that confuse the most is Confusing Profit With Cash, Failing to Manage Cash Flow and Spending Too Much Too Soon.
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Professional video game players can make a living playing, and winning, video game tournaments. Marketing in the video game industry is primarily based on what type of market segmentation?
Answer:
The hardware market is a typical oligopoly, with three major companies: Nintendo, Sony and Microsoft. Economists have realized that the sales of hardware are positively influenced by the quality of its software, and the sales of software are also affected by the sales of hardware.
Explanation:
big data analytics a. zappos has eliminated managers, creating a holocracy in which employees make their own decisions about how work will be done and how they will serve customers. radical decentralization b. express scripts developed beeping medicine bottle caps to remind patients when it is time to take the next dose of their medication.
Express Scripts implemented an innovative solution to ensure patient adherence to medication regimens by introducing beeping medicine bottle caps.
a. Radical decentralization is a practice of allowing employees to make their own decisions in the workplace, without having to consult or go through a manager. By eliminating managers, Zappos has adopted this practice and created a holocracy, which places the decisions of how work is done and how customers are served in the hands of the employees.
b. Express Scripts has implemented a system of beeping medicine bottle caps to remind patients when it is time to take their next dose of medication. This use of Big Data Analytics helps to ensure patients are taking the correct dosage at the correct time and helps to improve medication adherence.
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mirada company manufactures handheld calculators and has the following information available for the month of july: work in process, july 1 (100% complete for direct materials, 25% for conversion) 126,000 units direct materials $ 240,000 conversion cost $ 394,000 number of units started 220,000 units july costs direct materials $ 426,000 conversion cost $ 484,000 work in process, july 31 (100% complete for direct materials, 10% for conversion) 144,000 units required: using the weighted-average method of process costing, calculate the cost per equivalent unit for direct materials and conversion costs. (round cost per equivalent unit to 5 decimal places.)
The equivalent unit cost for direct materials is $1.9240 and the equivalent unit cost for conversion costs is $4.0583
In order to calculate the cost per equivalent unit for direct material and conversion costs using the weighted average method of process costing, we must consider the costs incurred during the month of July.
First, let's calculate the equivalent units of production for direct material and conversion costs:
Direct Materials:
Units in beginning work in process: 126,000 units (100% complete)
Units launched during July: 220,000 units
Total units: 346,000 units
Units in ending work in process: 144,000 units (100% complete)
Equivalent units of production for direct materials:
Units completed and converted: 346,000 units - 144,000 units = 202,000 units
Equivalent units in ending work in process: 144,000 units * 100% = 144,000 units
Conversion costs:
Units in beginning work in process: 126,000 units (25% complete)
Units launched during July: 220,000 units
Total units: 346,000 units
Units in ending work in process: 144,000 units (10% complete)
Equivalent units of production for conversion costs:
Units completed and converted: 346,000 units - 144,000 units = 202,000 units
Equivalent units in ending work in process: 144,000 units * 10% = 14,400 units
Next, let's calculate the total costs incurred during July:
Total direct material cost: $240,000 + $426,000 = $666,000
Total conversion cost: $394,000 + $484,000 = $878,000
We can now calculate the cost per equivalent unit for direct material and conversion costs:
Cost per equivalent unit for direct materials:
Total direct material costs / Equivalent units of production for direct materials
$666,000 / (202,000 units + 144,000 units) = $666,000 / 346,000 units = $1.9240 (rounded to 5 decimal places)
Price per equivalent unit for conversion costs:
Total conversion cost / Equivalent units of production for conversion cost
$878,000 / (202,000 units + 14,400 units) = $878,000 / 216,400 units = $4.0583 (rounded to 5 decimal places)
Therefore, the equivalent unit cost for direct materials is $1.9240 and the equivalent unit cost for conversion costs is $4.0583, using the weighted average method of process costing.
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Critically explain Robbins definition of economics?
Answer:
In his landmark essay on the nature of economics, Lionel Robbins defined economics as. “the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses”
Explanation:
advantages of creative thinking in the workplace
Answer: Having creative thinking can, Increase engagement and improve your abilities within the workplace.
Explanation:
What element of the marketing mix has a unique role in that it is the place where all other business decisions come together?.
The element of marketing mix that has a unique role in that it is the place where all other business decisions come together is known as Place
What is marketing mix?The marketing mix relates to the collection of steps or strategies employed to sell the brand or commodity on the market by an company.
Elements of marketing mix include:
PlacePricePromotionProductHence, the element of marketing mix that has a unique role in that it is the place where all other business decisions come together is known as the place.
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Which of the following components is NOT typically readied in setting up an IV administration set?
A. Drug or needle port
B. Drip chamber
C. IV needle
D. Flow regulator
The component that is NOT typically readied in setting up an IV administration set is the IV needle.
When setting up an IV administration set, the drip chamber, IV needle or catheter, and flow regulator are typically readied. The drip chamber allows for visual monitoring of the fluid flow, the IV needle or catheter is used to access the patient's vein, and the flow regulator is used to control the rate of fluid infusion. The drug or needle port is not typically readied during the setup process, as it is not used until after the IV line is established and the flow rate is stabilized. The drug or needle port is used to add medication or other fluids to the IV line during the infusion process.
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the
job is a relationship banker at bank of america
Chapter 5 Construct a Compelling P.S. Statement .Write a P.S. statement that you can use in your cover letters. Be sure it gives a specific example of why you're a great candidate for the job.
Here is a P.S. statement for a cover letter for a Relationship Banker position at Bank of America that provides a specific example of why you're a great candidate for the job.
P.S. As a Relationship Banker with over five years of experience in providing financial solutions to customers, I have a proven track record of exceeding sales goals and building strong client relationships. In my previous role, I was able to increase sales revenue by 20% by implementing a customer-focused approach that included conducting regular financial check-ins and offering personalized product recommendations based on their unique needs. I am confident that my skills and experience make me an ideal candidate for the Relationship Banker position at Bank of America, and I look forward to the opportunity to bring my expertise to your team. Thank you for your time and consideration.
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In an adjusting entry for expenses incurred but not yet paid ______.
Answer:
a liability is increasing since cash will be paid in the future due to the expense incurred
Explanation:
Adjusting entries for accruals relate to entries that record revenues and expenses earned or incurred during the period prior to when the cash changes hands. Accrual adjustments include increasing assets and revenue or increasing expenses and liabilities.
MetLife was able to dramatically expand its global footprint by acquiring Alico, a global player in the insurance business, from AIG in 2010 when AIG was in financial distress. This shows that not all diversification moves erode performance.
a) true
b) false
Answer:
True
Explanation:
It is true that not all diversification erodes performance. That is it is not all diversification moves that reduces performance or destroys it. Sometimes diversification could lead to greater risks or greater costs of investment. By diversifying and acquiring Alico metlife was able to increase and expand globally
7. Another example of opportunity cost is a company's cost of capital. Suppose a manufacturer wants to add
microwave ovens to its product line. To do this, it must invest $500,000 in new equipment.
Besides the original investment, the company estimates it would spend $200,000 per year on production
costs for labor and materials. It also estimates that it could sell about $225,000 worth of microwave ovens
each year. Would it benefit the company to manufacture the microwave ovens if it could earn 10 percent
interest by purchasing U.S. Treasury bonds with the $500,000? Explain your answer.
Answer:
You should invest in US bonds because you will be able to earn a higher return than if you build and sell microwaves.
Explanation:
alternative 1, build and sell microwave ovens:
initial outlay = $500,000
net cash flow per year = $225,000 - $200,000 = $25,000
alternative 2, invest in US securities:
investment = $500,000
net cash flow per year = $500,000 x 10% = $50,000
Opportunity costs are the benefits lost or extra costs resulting from choosing one activity or investment over another.
If you choose to build and sell microwaves, you will not be able to invest in bonds, and therefore, your net income will decrease by $25,000 - $50,000 = -$25,000.
Instead, if you invest in bonds and not microwaves, your net income will increase by $50,000 - $25,000 = $25,000.
You should invest in US bonds because you will be able to earn a higher return than if you build and sell microwaves.
The calculation is as follows:alternative 1, build and sell microwave ovens:
initial outlay = $500,000
So,
net cash flow per year = $225,000 - $200,000 = $25,000
now
alternative 2, invest in US securities:
investment = $500,000
net cash flow per year = $500,000 x 10% = $50,000
In the case when you choose to build and sell microwaves, you will not be able to invest in bonds, and therefore, your net income will decrease by $25,000 - $50,000
= -$25,000.
Now
Instead, if you invest in bonds and not microwaves, your net income will increase by $50,000 - $25,000
= $25,000.
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A deli i trying out new label for their cylindrical-haped wheel of cheee. The label cover the entire wheel except the circular top and bottom. If the wheel ha a radiu of 20 centimeter and a height of 18 centimeter, how many quare centimeter of the wheel doe the label cover? (Approximate uing pi equal 22 over 7)
1,760 over 7 quare centimeter
15,840 over 7 quare centimeter
33,440 over 7 quare centimeter
267,520 over 7 quare centimeter
The required area that the label would cover is given as 15,840/7 \(\mathbf{cm^{2}}\).
The correct option is option b.
As mentioned in the question,
The wheel has a radius of 20 centimetres and a height of 18 centimetres,
What is surface area?Any shape's surface area, also known as the amount of area covering a 3D shape's exterior, is the portion of the shape that is exposed.
here,
Area of the label, = 2πrh
Substitute the value in the above formula,
Area of the label = 2 × 22 / 7 × 20 × 18
Area of the label =15,840/7 \(cm^{2}\).
Thus, the required area that the label would cover is given as 15,840/7 \(cm^{2}\).
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The label is 15,840 over 7 square centimeters of the wheel surface area.
Any shape's surface area, also known as the amount of area covering a 3D shape's exterior, is the portion of the shape that is exposed.
here, Area of the label, = 2πrh
Substitute the value in the above formula,
Area of the label = 2 × 22 / 7 × 20 × 18
Area of the label =15,840/7 . the required area that the label would cover is given as 15,840/7 . A three-dimensional shape's surface area is the sum of all of its faces. Finding the area of each face and adding them together gives us the surface area of a shape. The quantity of space enclosing a three-dimensional shape's exterior is its surface area.
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