The amount of gain/ loss on the sale of the land, given the amount the land was purchased for, and the mortgage, is - $ 4, 000
How to find the gain / loss on the sale of land?First, find the loss on the sale of the land because the land was sold for less than it was bought.
This loss is:
= Amount sold for in 2021 - Amount purchased
= 84, 000 - 92, 000
= - $8 ,000
The gain or loss on the sale of the land is:
= Loss - Mortgage
= 8, 000 - 4, 000
= - $ 4, 000
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‘Resource planning and control is concerned with the activities that attempt to reconcile the demands of the market and the ability of the operation’s resources to deliver’ (Slack and Brandon-Jones, 2018).
Explain the key activities of resource planning and control and their impact on reconciling supply and demand. Support your answer with examples.
Resource planning and control involve activities aimed at balancing the demands of the market with the operations' resources. This ensures effective operations management and demand satisfaction.
Resource planning and control involve tasks such as forecasting demand, purchasing raw materials, determining the number of personnel required, scheduling production, and monitoring and controlling inventory levels.
These activities ensure that the operation has the necessary resources to meet market demands. For instance, forecasting demand enables the operation to determine the proper amount of resources to allocate to meet the expected demand.
This ensures that resources such as raw materials, personnel, and inventory are not wasted or overstrained. Effective resource planning and control also help to avoid stockouts, delays, and other issues that may affect customer satisfaction.
To conclude, resource planning and control are essential activities for operations management as they ensure the efficient use of resources and timely delivery of customer demands.
They ensure that the operation has the ability to address changes in demand by continually assessing resource requirements, monitoring performance, and adjusting plans accordingly.
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hellp! WILL GIVE 30 POINTS!!
Alexis and Damian are both taking a course on picking a career. They go to the same art club so they both know what they enjoy doing. Surprisingly, Alexis and Damian might find careers in the Architecture and Construction Career Cluster that allow them to express themselves through art. Create a list of possible jobs in this cluster that could use an artistic person and explain a task that each job does that the two students might particularly enjoy.
*Dont answer for points, cuz I've gotten scames so many times :/
Answer:
A few jobs that express how you feel through art are house remodeling because you can decorate with things that make you happy or that show how you feel, professional painter because you can paint how you feel, and a gardener because you make the garden look like something that expresses how you feel.
Explanation:
Hope this helps! Just make sure to edit it a little so that you don't get in trouble! :)
If $500 is placed in a savings account paying 10 percent per year compounded annually, what will the account balance be at the end of the year?
a.$550
b.552.36
c.$505
d.$600
Answer:
b
Explanation:
hope this helps you out
Deciding whether to use scratch cookery or purchase convenience (partially prepared) items is part of which of the 5 'm's?
The decision of whether to use scratch cookery or purchase convenience (partially prepared) items is part of the "Method" element of the 5 'M's of menu planning.
The methods, tools, and procedures utilised to prepare the menu items are referred to as the method. It includes decisions about how to prepare and cook the food, whether to use fresh ingredients or pre-made ones, and how to serve and show the finished dish.
The end product's quality, the kitchen's effectiveness, and the cost of the menu item can all be significantly impacted by the decision to use convenience foods instead of scratch-cooked food. Chefs and foodservice managers must carefully weigh the benefits and drawbacks of employing convenience meals against cooking from scratch (which may take more time, skill, and ingredients) (which may offer consistency, convenience, and cost savings).
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Hamid is a 9-1-1 operator. when the blizzard began, he was told he would have to stay and work three extra shifts to cover for coworkers who were not able to drive to work through the storm. after 32 hours of exhausting work, he makes it home and discovers he is able to fall asleep faster and gets into rem sleep quicker. hamid may be experiencing ________.
Answer:
Hamid is experiencing "Sleep rebound".
Explanation:
Sleep rebound seems to be the terminology used during a duration of sleep problems as well as a shortage to characterize an improvement in something like a sleep parameter beyond acceptable ranges. Because once individuals are stopped from witnessing REM those who take a bit longer to accomplish the REM status than normal.So that the above is the correct approach.
the wilson company has provided the following information: • net sales, $200,000 • net operating income, $40,000 • net income, $20,000 • average total assets, $125,000 • average net fixed assets; $80,000
According to the given information, Wilson's fixed asset turnover ratio is 2.5 .
The fixed asset turnover ratio is a financial metric that measures how efficiently a company uses its fixed assets to generate sales. It is calculated by dividing the net sales by the average net fixed assets.
In this case, the Wilson Company has provided the following information:
- Net sales: $200,000
- Average net fixed assets: $80,000
To calculate the fixed asset turnover ratio, we divide the net sales by the average net fixed assets:
Fixed Asset Turnover Ratio = Net Sales / Average Net Fixed Assets
= $200,000 / $80,000
= 2.5
Therefore, the fixed asset turnover ratio for the Wilson Company is 2.5. This means that for every dollar invested in fixed assets, the company generates $2.5 in sales.
The fixed asset turnover ratio is an important measure of a company's operational efficiency. A higher ratio indicates that the company is generating more sales from its fixed assets, which is generally desirable as it signifies better asset utilization. On the other hand, a lower ratio may indicate the underutilization of fixed assets and inefficiency in generating sales.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
the changes in the non-cash balance sheet accounts explain the differences between the ______.
Float is defined as the:Multiple Choiceamount of cash a company can immediately withdraw from its bank account.difference between book cash and bank cash.change in the cash balance from one accounting period to the next.
2. For State budget planning, Louisiana Secretary of Health claimed that the Mean cost of a (non-ICU) COVID hospital treatment per patient is less than $25,000. To confirm Governor Edwards took a simple random sample of 25 (non-ICU) COVID patient costs. It showed a Sample Mean = $26,000 and Sample Standard deviation = $2000. Test the Secretary' claim using 5% level of significance. State your conclusion. It is important to the Governor for Budgetary Planning.
Based on the given information and conducting a one-sample t-test, we fail to reject the null hypothesis that the mean cost of a (non-ICU) COVID hospital treatment per patient is less than $25,000 at a 5% level of significance. Therefore, there is not enough evidence to support the Secretary of Health's claim.
To test the Secretary of Health's claim, we can use a one-sample t-test. The null hypothesis (H0) is that the mean cost of a (non-ICU) COVID hospital treatment per patient is $25,000, and the alternative hypothesis (H1) is that the mean cost is less than $25,000.
With a sample mean of $26,000 and a sample standard deviation of $2000, we can calculate the t-value using the formula (Sample Mean - Population Mean) / (Sample Standard Deviation / √Sample Size).
After calculating the t-value, we can compare it to the critical t-value at a 5% level of significance with 24 degrees of freedom. If the calculated t-value is less than the critical t-value, we reject the null hypothesis and conclude that the mean cost is less than $25,000.
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According to the Competing Values Framework presented in the Module 5 lecture-discussion, which of the following dominant cultures would likely be best in an medical facility that exclusively focuses on routine and well-established medical procedures? A) A B 20 None of the above. B) 3 pts No-
According to the Competing Values Framework, the dominant culture that would likely be best in a medical facility that exclusively focuses on routine and well-established medical procedures is Culture A.
Culture A, also known as the Clan culture, emphasizes collaboration, teamwork, and a supportive work environment. It values cohesion, loyalty, and a family-like atmosphere. This type of culture promotes adherence to established procedures and protocols, ensuring consistency and efficiency in routine medical practices. It encourages a sense of unity among staff members and a focus on providing high-quality patient care through established processes.
On the other hand, Culture B, also known as the Adhocracy culture, emphasizes innovation, adaptability, and risk-taking. This culture is more suitable for dynamic and innovative environments that require flexibility and experimentation, rather than routine medical procedures.
Therefore, Culture A, with its focus on stability, teamwork, and adherence to established procedures, would be the most appropriate dominant culture for a medical facility specializing in routine and well-established medical procedures.
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When will the Mini Toolbar appear?
when you type text
when you press the Delete key
when you select text
when you first open a file
Answer:
It is C on edge 2021
Explanation:
Answer:
(c) when you select text
Explanation:
The tool bar appears when you select text to provideoptions depending on what you would like to do with the text.
Can't we run a business without training?
yes definitely.......
Business-to-business marketing refers to Multiple Choice the marketing of products to not-for-profit organizations at a reduced fee or nominal cost for use in the creation of goods and services that they can produce and market to others. the marketing of an idea to create interest or generate goodwill, not just for an individual brand but also for an entire industry or product class. the marketing of goods to companies, governments, or ultimate consumers for use in the creation of goods and services. the marketing of products and services to companies, governments, or not-for-profit organizations for use in the creation of products that they can produce and market to others. the marketing of services in the area of intellectual property such as legal, financial, or creative consulting.
Answer:
the marketing of goods and services to companies, governments, not-for-profit organizations for use in the creation of goods and services that they can produce and market to others
Explanation:
The business to business marketing defines the good and services marketing for the companies, government, and not for profit organization in order to develop the goods and services that could be generated and marketed to others
So as per the given situation, the above answer should be considered and relevant
Hence, the other options seems incorrect
What do we call a business that focused on building products that meet consumers' needs?
Answer: Market oriented business
Explanation:
Market orientation refers to the business philosophy whereby companies identifies the needs of their customers and make products that meet such needs or wants.
A business that's using market orientation will research the current trends in the market and make products that meet them. Strong brands use market orientation approach to meet customers needs.
4.
manager wants to give a pay rise to everyone who is paid less than the average salary.
This table shows the annual salaries of the employees in the company.
Employee
Salary (in £ thousands)
AJ
16
TM
23
WF
23
SW
22
MT
15.5
RD
18.5
JR
20
LS
23
PB
36
Tick all of the employees who are paid less than the median salary.
Answer: AJ, MT, RD, Jr
Explanation:
Given the following data :
AJ - 16
TM - 23
WF - 23
SW - 22
MT - 15.5
RD - 18.5
Jr - 20
LS - 23
PB - 36
Median salary can be calculated thus :
Arranging salary in ascending order of Magnitude :
15.5, 16, 18.5, 20, 22, 23, 23, 23, 36 (£ thousand)
Meduan salary is the 5th figure in the arrangement = £22 thousand
Therefore, those earning less than the median salary are:
AJ, MT, RD, Jr
While Ella was driving to campus, she noticed a billboard
with a girl wearing the same designer jacket she'd seen
a celebrity magazine she was reading over lunch. When she
picked up her mail that day, she had a flyer for 30% off at a
store that displayed the same jacket.
If Ella bought the jacket, would it be a good purchase at 30% off? Why or why not?
If Ella bought the jacket at 30% off, whether it would be a good purchase depends on factors like her budget, personal style, and need for a new jacket.
While she did see the jacket advertised in two separate places, it's important to consider a few factors before making a purchase. First, Ella should ask herself if she truly needs the jacket. Is it something she'll wear often and get good use out of? Or is it just an impulse buy because she saw it advertised? Second, she should consider the quality of the jacket and if it's worth the price, even with the discount. If it's poorly made and won't last long, it may not be worth the purchase even with the discount.
Additionally, it's important for Ella to compare prices at other stores to ensure she's getting the best deal. While 30% off may seem like a great discount, it's possible that other stores may offer the jacket at a lower price even without a discount. In summary, while the 30% off discount may be tempting, it's important for Ella to consider her actual need for the jacket, the quality of the item, and to compare prices at other stores before making a purchase.
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In the Promotion Budget Resource, teams can select which of the following media areas.
A. Print Media and Television.
B. Email and Telephone Contact.
C. Trade and Road Shows.
D. Web Media and Direct Mail.
In the Promotion Budget Resource, teams can select from four different media areas to allocate their promotional budget: Print Media and Television, Email and Telephone Contact, Trade and Road Shows, and Web Media and Direct Mail.
Promotion is an essential component of marketing that involves communicating information about a product or service to potential customers. To do so, companies allocate a budget to promote their products or services. The Promotion Budget Resource offers teams a selection of four media areas to allocate their promotional budget: Print Media and Television, Email and Telephone Contact, Trade and Road Shows, and Web Media and Direct Mail.
Print Media and Television involve traditional media platforms such as newspapers, magazines, and television ads. Email and Telephone Contact includes targeted email campaigns and telemarketing. Trade and Road Shows are face-to-face promotional events where companies can showcase their products to potential customers. Finally, Web Media and Direct Mail includes digital marketing efforts such as online ads, social media, and direct mail campaigns.
By offering these different media areas, the Promotion Budget Resource allows teams to choose the most effective channels to reach their target audience and allocate their promotional budget accordingly. Depending on the product or service, some media areas may be more effective than others, and it's essential to choose the most suitable options to ensure the success of the promotion.
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Many researchers have proven that financial development contributes to economic growth. Therefore, Dr Fanyu estimates an economic growth equation as below: EG=α1+α2FD+α3POP+μ (Model 2) where EG is economic growth, FD is financial development, and POP is population. As his research partner, you found that economic growth contributes to financial development. In addition, you estimate financial development equation as follow: FD=α4+α5EG+α6TO+ε (Model 3) where TO is trade openness. Justify whether model (2) or model (3) is more accurate? Please advise Dr Fanyu to perform the analysis
Researchers have found that financial development is vital for economic growth. Dr Fanyu has estimated an economic growth equation as
EG=α1+α2FD+α3POP+μ (Model 2) in light of this discovery.
FD is financial development, EG is economic growth, and POP is population. Dr Fanyu's research partner has discovered that economic growth leads to financial development. The financial development equation is estimated as follows:
FD=α4+α5EG+α6TO+ε (Model 3), where TO is trade openness. To determine which model is more accurate, the researcher should utilize Granger causality. The best method to determine causality between two variables is the Granger causality test.
The Granger causality test is based on the notion of predictability. A variable causes another variable if the latter can be predicted based on the previous values of the former. To estimate the Granger causality, two regression models are established: one with the variable to be predicted as the dependent variable and the other with the same dependent variable and the lags of the variables that can predict it as independent variables.
The formula for Granger causality is:F(y|x) = ln (MSE(Y) / MSE(Y|x))
Where y is the dependent variable, x is the independent variable, and MSE is the mean squared error. In general, if the F value is greater than the critical value for the sample size and confidence level, the independent variable is significant in predicting the dependent variable. And in terms of causality, if the F value for x is greater than the F value for the intercept and x, then there is Granger causality between x and y.
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what is the first step in the organizing process? group of answer choices determining the specific activities needed to implement plans assigning work to specific employees grouping work activities into a logical structure coordinating the work of different groups and employees within a firm
Determining the specific activities needed to implement plans is the first step in the organizing process. Therefore, the option A holds true.
Organizing can be referred to or considered as one of the most integral process involved under the different functions of management. It identifies the plans and then further determines the activities that are to be performed in order to lead to a successful implementation of the plans. In fact, these activities are the initial process in the function of organizing.
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Which of the following is true when workers specialize in the production of one good
A) there is increased competition among the producers of similar goods
B) The quantity of output produced by the worker increases
C) The satisfaction of the worker increases
D) The cost of producing the good increases
The statement that is true when workers specialize in the production of one good is: A) there is increased competition among the producers of similar goods.
What is specialization?Specialization means to be an expertise when it comes to production of goods and service.
When employee are specialize in the production of goods it tend to lead to more competition between manufacturer that produce similar products.
Therefore the correct option is A.
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Dash Plumbing is an established company with 12 employees and a small office in the suburbs of Atlanta. The company had an old copier that was breaking down often, to the dismay of the staff, and it had the resources to buy a new one. Which best describes this situation
Answer:
The people at dash plumbing are in the market for a new copier
Explanation:
Since in the question it is mentioned that Dash publishing is an established company that has 12 employees and has a small office in Atlanta. Also the old copier breaks down and the resources to purchase
So the given situation represent that the dash plumbing people come in the market for a new copier and the same is to be considered
A credit sale of $750 is made on June 13, terms 2/10, n/30. It is followed by a return of $50 on June 16. If payment is made on June 23, how much cash is received?
If payment is made on June 23, the cash received will be $686.
To calculate the cash received, we need to consider the credit sale, the return, and any applicable discounts based on the terms provided.
Given:
Credit sale: $750
Terms: 2/10, n/30
Return: $50
Payment date: June 23
First, let's calculate the net amount after the return. We subtract the return amount from the credit sale:
Net amount = Credit sale - Return = $750 - $50 = $700
Next, let's calculate the amount of the discount that the customer can take advantage of if they pay within the discount period. In this case, the terms are 2/10, which means a 2% discount is offered if paid within 10 days.
Discount = Net amount * Discount rate = $700 * 0.02 = $14
The customer can take a $14 discount if the payment is made within the discount period.
Now, let's calculate the cash received:
Cash received = Net amount - Discount = $700 - $14 = $686
Therefore, if payment is made on June 23, the cash received will be $686.
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Tom is setting up a business as a boarding kennel. He will look after dogs while the owners are away. He has found a barn that he can rent. It will need fitting out with secure kennels and runs for the dogs. Identify three start up costs he may have. 1. Feeding bowls/dog leads and other dog care items
2.
3.
Answer:
Explanation:
1) Feeding bowls / dog leads and other dog care items. These are important for a safe upkeep and care of dogs that will be in his custody.
2)Tom should also have good insurance policy in place in order to make provision for future potential loss, The insurance policy should cover all the breeds of dogs for maximum economic benefit.
3)Another cost is the cost of obtaining a boarding license at the rate set by the covering local council . This is necessary to obtain a full government approval .
Question 3 of 10
How do exchange rates affect a country's ability to trade with its neighbors?
A. By preventing the country from trading with a large number of
different partners
B. By setting limits on the amount of goods the country can legally
import and export
C. By encouraging the country to trade only with countries that have
developed economies
O D. By determining how much the country's currency is worth when
importing goods
Answer:
O D. By determining how much the country's currency is worth when
importing goods
Explanation:
When importing goods, one has to convert their local currency to the currency of the country they are buying from. The price of imported goods is affected by the exchange rates between the currencies of the importer and exporter.
Converting to the importer's currency entails using the local currency to buy the foreign currency. Each currency is either strong or weaker in comparison to another. If a country's currency is weaker compared to others, its citizens will use more of their local currencies when importing. They might not be able to import as much as they wish because their currency is weak, which makes imports expensive.
Answer:
D. By determining how much the country's currency is worth when
importing goods
Explanation:
Just got it right!
Your new health insurance has a $4000 deductible. What does that mean?
With online bill pay, what is the difference between a one-time payment and a recurring payment?
Answer:
when you do a one time payment you only pay once. When you set up a reaccuring payment you will pay mulitpul times.
Explanation:
Which is a characteristic of judging approach
Answer:
Clarity and Closure
Explanation
Judgers take a planned, ordered, and precisely calibrated approach to life, developing both short- and long-term plans to assist them in achieving their objectives. For them, schedules and "to-do" lists are consoling. They dislike uncertainty and change, preferring to know what they are getting into instead.
Those that have this preference feel more in control of their surroundings. They are disciplined and resolute, seeking resolution as soon as possible to reduce stress. Judgers struggle with open-ended plans because they have a "work first-play later" mentality. Instead of addressing issues as they arise, they would prefer to devise three distinct backup plans.
Judgers take their obligations and deadlines very seriously, both in business and in life. They are quite particular.
how do virtual assistants bring new value to an organization? select all that apply. question 6 options: providing leadership at the time of need facilitating data-centric decision making through the use of augmented analytics replacing employees who are out sick or on vacation driving cost down by reducing the amount of staff needed decreasing operational costs through automation of high-level, highly complex tasks democratizing access to enterprise systems and empowering domain experts
Virtual assistants can bring new value to an organization by:
Facilitating data-centric decision making through the use of augmented analytics.Democratizing access to enterprise systems and empowering domain experts.Driving cost down by reducing the amount of staff needed.Decreasing operational costs through automation of high-level, highly complex tasks.The correct options are 1, 5, 6, and 7.
WHAT IS VIRTUAL ASSISTANTVirtual assistants, which are computer programs that simulate human interactions with clients or employees, can benefit an organization in a variety of ways.
These digital assistants have the potential to streamline many business procedures, increasing efficiency and productivity, lowering costs, and boosting employee morale.
Below are some ways that virtual assistants bring new value to an organization:
Facilitating data-centric decision making through the use of augmented analyticsDemocratizing access to enterprise systems and empowering domain expertsDriving cost down by reducing the amount of staff neededDecreasing operational costs through automation of high-level, highly complex tasks.Learn more about virtual assistant at
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g If the beginning work in process includes 200 units that are 20% complete with respect to conversion and 30% complete with respect to materials. Ending work in process includes 100 units that are 40% complete with respect to conversion and 50% complete with respect to materials. If 1,000 units were started during the period, what are the equivalent units of productions for the period (using the weighted-average method) for conversion
Answer:
1,140 units
Explanation:
Note : The question requires us to use the weighted-average method. This method focuses on equivalent units of completed units and units still in process only.
Step 1 : Determine units completed and transferred
Units Completed = Beginning units + Units Started - Ending units
= 200 + 1,000 - 100
= 1,100 units
Step 2 : Calculate equivalent units of production with respect to conversion costs
Completed and transferred (1,100 x 100%) 1,100
Ending units (100 x 40%) 40
Total equivalent units of conversion costs 1,140
thus,
the equivalent units of productions for the period (using the weighted-average method) for conversion is 1,140 units.