Your business offers every alternative and competitor product that a potential customer might consider, including both actual and hypothetical competition.
What exactly is a contest?The market is considered to be in a competitive state when businesses or sellers compete with one another for customers' business in an effort to attain certain company goals, such as revenue, sales, and/or market share. In this context, rivalry and competition are frequently used interchangeably.
What effect does business competitiveness have?Competitors reduce a company's market share and the potential customer base, particularly when there is a supply-side constraint. Price reductions may be necessary in a competitive market to remain competitive, which could result in lower corporate profits from each item sold. A market that becomes oversaturated is an extreme example.
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Boreki Enterprise has the following 10 items in inventory. Theodore Boreki asks you a recent OM graduate to divide these item into ABC classification. Fill in the blanks and then answer the following questions. round dollar volume to the nearest number and percentage of dollar volume to two decimal places.
Item Annual Demand Cost\Unit Dollar Volume % of Total Dollar Volume
A2 3500 50 ___ ___
BB 4000 12 48,000 4.89
CT 1500 45 67,500 6.60
D1 6000 20 _____ _____
E9 1000 20 20,000 1.95
F3 500 500 ____ _____
G2 200 1500 300,000 29.34
H2 600 20 12,000 1.17
I5 1750 10 ____ ___
J8 2500 5 12,500 1.22
Based on the percentages of dollar volume, Item A2 should be classified as _____.
1. The blanks are filled with the correct values and each item classified according to the ABC classification as follows:
A - outstandingly important
G2 200 1500 300,000 37.62%
A2 3500 50 175,000 21.94%
D1 6000 20 120,000 15.05%
B - of average importance
CT 1500 45 67,500 8.46%
BB 4000 12 48,000 6.02%
C - relatively unimportant
F3 500 500 25,000 3.13%
E9 1000 20 20,000 2.51%
I5 1750 10 17,500 2.19%
J8 2500 5 12,500 1.57%
H2 600 20 12,000 1.50%
2. Item A2 is classified as A - outstandingly important.
Data and Calculations:
Item Annual Demand Cost\Unit Dollar Volume % of Total Dollar Volume
A2 3500 50 175,000 21.94%
BB 4000 12 48,000 6.02%
CT 1500 45 67,500 8.46%
D1 6000 20 120,000 15.05%
E9 1000 20 20,000 2.51%
F3 500 500 25,000 3.13%
G2 200 1500 300,000 37.62%
H2 600 20 12,000 1.50%
I5 1750 10 17,500 2.19%
J8 2500 5 12,500 1.57%
Total Dollar Volume 797,500 100%
Percentages of dollar = Dollar Volume/Total Dollar Volume x 100
Thus, based on the percentages of dollar volume, Item A2 should be classified as A - outstandingly important.
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The study of economics is nothing but the study of a tree and a forest. Discourse with respect to branches of economics
The study of economics involves the examination of individual components represented by branches and the analysis of the broader system represented by the forest.
How does the study of economics relate to a tree and a forest?Just as a tree consists of various branches that connect and support each other, the study of economics comprises different branches that explore specific aspects of the economy. These branches including microeconomics, macroeconomics and international economics focus on understanding and analyzing elements of economic behavior and systems.
The interplay between the various branches of economics contributes to comprehensive understanding of how individual economic decisions and activities collectively shape the broader economic system. By studying both the branches and the forest, economists can gain insights into the intricate relationships.
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Which of the following is not an example of a project delivery artifact?
The weather is not an example of a project delivery artifact.
What is an artifact?An artifact is a human-made οbject that has cultural οr histοrical significance. The weather, οn the οther hand, is a natural phenοmenοn that is nοt created by humans. It includes elements such as temperature, precipitatiοn, wind, and atmοspheric pressure that οccur as a result οf natural prοcesses such as the water cycle, atmοspheric circulatiοn, and sοlar radiatiοn.
While the weather can have an impact οn human-made artifacts, such as causing erοsiοn οr damage, it is nοt itself an artifact. Examples οf artifacts include decοratiοns, dresses, and jewelry, which are all οbjects that are created by humans fοr cultural οr aesthetic purpοses.
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Complete question:
Which of the following is not an example of a project delivery artifact?
decorationthe weatherdressjewelry2. Adama Garment which is operating in Adama currently has opened four new stores in Ethiopia. Data on monthly sales volume and labor hours are given below for each town. Which store location has the highest labor productivity?
Store
Bale-robe
Hawassa
Nekemt
Dahirdar
Sales volume
12000birr
60000birr
40000birr
25000birr
Labor hours
60
500
250
200
3. Adama Garment accountant (from Problem 2) suggests that monthly rent and hourly wage rate also be factored into the productivity calculations.
Hawassa pays the highest average wage at birr 6.75 an hour. Bale-Robe pays birr
6.50 an hour, Nekemte birr 6, and Bahirdar birr 5.50. The cost to rent store space
is birr 2000 a month in Hawassa, birr 800 a month in Nekemte, birr 1200 a month
in Bale-Robe, and birr 1500 a month in Bahirdar.
Which store is most productive?
Adama garment general manager is not sure it can keep all four stores open. Based on multifactor productivity, which store would you close? What other factors should be considered?
Adama Garment's Bale-robe store has the highest labor productivity. It generates 200 birr per labor hour, followed by Hawassa (40 birr/hour), Nekemt (16 birr/hour), and Dahirdar (12.5 birr/hour).
How to solveTo calculate labor productivity, we divide the monthly sales volume by the labor hours. Bale-robe has the highest labor productivity because it generates the most sales per labor hour.
Here is the table showing the labor productivity of each store:
Store Sales volume (birr) Labor hours Labor productivity (birr/hour)
Bale-robe 12,000 60 200
Hawassa 60,000 500 40
Nekemt 40,000 250 16
Dahirdar 25,000 200 12.5
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7-1 power-point presentation for acc-202
In order to create a PowerPoint Presentation, you need to follow the steps below:
Launch PowerPoint.Select New from the left pane.Choose one of the following:Choose Blank Presentation to start from scratch when creating a presentation.Choose one of the templates to utilize a ready-made design.To see PowerPoint tips, click Take a Tour, and then click Create.How do you add a slide?Select the slide you need your new slide to match from the thumbnails in the left pane.
Select New Slide from the Slides section of the Home menu.
Select Layout under the Slides area, and then choose the layout you want from the menu.
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Full Question:
How do you prepare a power-point presentation? This is for ACC-202
MAKARO SUPERSTORE TRIAL BALANCE 31 December, 2022 Capital 30000$ Plant and Machinery 50,000$ Debtors 200,000$ Creditors 100,000$ Loan 95,000$ Interest on Loan 3,000$ Cash 20,000$ Provision for Doubtful Debts 7,000$ Stock on 1st April, 2017 68,000$ Motor Vehicles 100,000$ Bank 35,000$ Land and Building 120,000$ Bad Debts 5,000$ Purchases 660,000$ Sales 1,100,000$ Purchases Return 15,000$ Sales Return 80,000$ Transportation Out Carriage Outwards 25,000$ Transportation In Carriage Inwards 30,000$ Salaries 90,000$ Rent and Insurance 30,000$ Advertising 35,000$ Discount Received 5,000$ General Expenses 34,000$ Bills Receivable 60,000$ Bills Payable 20,000$ Rent Received 3,000$
To prepare the Makara store balance sheet, we will categorize the items into their respective asset, liability, and equity categories.
MAKARO SUPERSTORE Balance Sheet As of 31 December, 2022Assets:
Plant and Machinery: $50,000
Debtors: $200,000
Cash: $20,000
Stock: $68,000
Motor Vehicles: $100,000
Bank: $35,000
Land and Building: $120,000
Bills Receivable: $60,000
Total Assets: $653,000
Liabilities:
Creditors: $100,000
Loan: $95,000
Interest on Loan: $3,000
Provision for Doubtful Debts: $7,000
Bills Payable: $20,000
Total Liabilities: $225,000
Equity:
Capital: $30,000
Total Equity: $30,000
Total Liabilities and Equity: $653,000
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What is the best way to deal with conflict in the workplace?
Answer: the answer is C
Explanation:
Sometimes negative, sometimes positive
Adam owns a restaurant. A new dish is being added to the restaurant's menu. The cost of making the dish is $6.75, and he wants to make a 33% profit on each dish he sells. What is Adam's selling price? Question 1 options: 10.08 11.33 26.05 5.22
The selling price of the dish if Adam wants to make a profit of 33% should be $8.98.
What should be the selling price?Profit is the excess of the selling price of an item over its cost price. When the selling price is higher than the cost price, a profit is earned. Profit is the difference between the selling price of a good and the cost price of the good.
Profit = selling price - cost price
Percentage is a measure of frequency. It is the ratio of an amount that is expressed as a number out of 100. The sign that is used to denote percentages is %.
In order to determine the selling price of the dish, multiply the cost price of the dish by 100 + percentage profit that Adam wants to earn. Thus, $6.75 will be multiplied by (100 + 33)%. The value gotten is the selling price.
Selling price = (100 + percentage profit) x cost price
(100 + 33) x $6.75
133% x $6.75
1.33 x $6.75 = $8.98
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You call a coworker to see if they can come help you solve a problem
Write a short message/email/memo based on the following case scenario - As head of the occupational health and safety committee at your workplace, you are concerned about the practice of stocking employee kitchenettes with free coffee and cookies. Lately, you have begun to notice that stressed out employees routinely skip lunch and instead grab handfuls of cookies to eat at their desks. While you understand the necessity for the quick snacks, you feel that there is room in the budget to provide healthier alternatives to these high-fat, carbohydrate-laden snacks. In fact, your committee voted in favour of this but you feel some employees will resist this and be upset to lose the cookies and coffee. -- Now, write a short message/memo/email to all staff announcing that, effective next month, kitchenettes will be stocked with a selection of fresh fruit, whole-grain snacks, and spring water instead of the usual cookies and coffee. Consider which approach you should use -- direct or indirect -- before you write it.
Answer:
You know that your not supposed pile your home work on this program? It’s unconstitutional.
Explanation:
the basics of color theory assume what central tenets?
Answer:
Color has important psychological and visual effects on the audience.!
Explanation:
give brainly please:)
Answer:I hope this helps you out
Explanation:
The basics of color theory assume three central tenets: hue, saturation, and brightness. Hue is the aspect of color that we identify as red, blue, green, yellow, etc. Saturation refers to the intensity or purity of a color, and brightness refers to how light or dark a color appears.
What could be done to make U.S. products more competitive in other nations?
One thing that could be done to make U.S. products more competitive in other nations is branding them as luxury goods.
How can U.S. goods be more competitive?The United States has high costs of labor which means that products made in the United States are often more expensive that the goods made in many other parts of the world.
This makes the U.S. goods less competitive with other nation goods. However, if the U.S. were able to package their goods as luxury items, then they would be more competitive because people would still buy those goods at higher prices due to their luxury goods classification.
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IMAGINE A NON-EXISTING PRODUCT, CREATE IT , DESCRIBE THE FEATURES, AND USEFULNESS TO HUMANITY,STATE IT STRENGHT
To imagine a product that does not exist and that is useful to humanity, it is necessary to think about the greatest needs and challenges facing humanity today.
Let's suppose that we have developed a prototype of a chemical capable of transforming seawater into fresh water for human consumption.
The product would be a chemical solution sold in pharmacies in a controlled manner and through compliance with requirements for individuals, at a popular price, capable of making 10 liters of water potable for each bottle of the solution.
The product would work through water desalination technology through electrodialysis and reverse osmosis and could be useful to solve the problems of the lack of clean and potable water that already affects more than 2 billion people in the world.
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You have been appointed as a manager at XTZ company. Your style of leading is an Autocratic style. this is a style where you take strict controls and actions over all management activities. the old culture that was present at XTZ company was very flexible due to the nature of old manager and all employees are now resisting to adjust to the new manager.Explain how are you going to solve this matter as a manager
It's important for the manager to change his leadership style in order to lead the workforce.
Who is a manager?It should be noted that a manager simply means an individual who leads a team to achieve a common goal.
In this case, it's important for the manager to change his leadership style in order to lead the workforce. This is needed to being about unity and promote growth.
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a)You own a picture frame store and want to determine the number of pictures you must sell in order to break even. The average price your consumes are willing to pay for each picture is $75.00. Your fixed costs are $32,000.00 and your unit variable cost is $35.00. Under these conditions what quantity must you sell to break even? Show your work as described in Chapter 19 (page 595).
b) At the break-even point, what is your profit?
c) What happens with each additional picture you sell over the break-even point number? Provide a dollar amount to your answer.
Under these conditions, 800 pictures to break even.
At the break-even point, the profit is exactly $0.
For each additional picture sold over the break-even point, the profit increases by $40.00.
The calculation according to given information is:
Break-even quantity = Fixed costs / (Price - Unit variable cost).Break-even quantity = $32,000 / ($75 - $35)Break-even quantity = 800.The profit is exactly zero at the break-even point. This is because the break-even point is the level of output at which the costs of manufacturing equal the revenues for a product.
The average price clients are willing to pay for each photo is $75.00, and the unit variable cost is $35.00, thus the unit contribution margin is $40.00.
As a result, the significance of the break-even point is the aforementioned.
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In an economy with a population of 100 million persons, 50 million hold civilian jobs and 20 million are not working but are looking for a job. The unemployment rate is
half, 50%, have jobs and 20% are looking for jobs
Explanation:
Research cyber espionage case and briefly describe it (provide a link to your website source
The primary goal of cyber espionage is to gather private or confidential data, trade secrets, or other kinds of intellectual property that the attacker can use.
What is cyber espionage?Cyber espionage is a type of cyber attack that involves the theft of sensitive information or intellectual property from a target entity, such as a government agency, business, or individual. It involves the use of sophisticated hacking techniques, malware, and other cyber tools to gain unauthorized access to a victim's computer network or other digital systems. The objective of cyber espionage is often to obtain valuable information, trade secrets, or political or military intelligence that can be used for financial gain or to advance the interests of a foreign government. Cyber espionage can have serious consequences, including economic damage, reputational harm, and national security risks. As such, it is a major concern for businesses, governments, and individuals alike.
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Your friend Stan owns a coffee shop in a monopolistically competitive industry. One day, Stan tells you (an economist) that he is earning an economic profit and is setting his price equal to his marginal cost. Is Stan producing the profit-maximizing amount of coffee? What should he do?
In a monopolistically competitive industry, each firm has some control over the price it sets due to product differentiation.
Stan mentioned that he is earning an economic profit and setting his price equal to his marginal cost. To determine whether he is producing the profit-maximizing amount of coffee, we need to consider a few factors.
1. First, let's understand the relationship between price, marginal cost, and profit maximization. In a competitive market, profit maximization occurs where marginal cost equals marginal revenue. However, in monopolistic competition, firms have some market power, so the profit-maximizing quantity occurs where marginal cost equals marginal revenue, not price.
2. Setting the price equal to marginal cost does not necessarily guarantee profit maximization. If Stan's price is equal to marginal cost, it means that he is covering his variable costs, but it does not take into account his fixed costs. To maximize profit, Stan should set his price above marginal cost, considering both variable and fixed costs.
3. If Stan is currently earning an economic profit, it suggests that he may not be producing the profit-maximizing amount of coffee. In monopolistic competition, firms tend to have excess capacity, meaning they produce less than the quantity that would minimize average total cost. By increasing his output, Stan may be able to reduce his costs and increase his profit.
Considering these factors, here are a few suggestions for Stan:
- Conduct a cost analysis: Stan should evaluate his fixed and variable costs to understand the full picture of his expenses. By knowing his costs, he can set a more informed price and determine the profit-maximizing quantity.
- Consider demand elasticity: Stan should also assess the price elasticity of demand for his coffee. If demand is relatively elastic, a small price increase may result in a significant decrease in quantity demanded, potentially reducing his profits. On the other hand, if demand is inelastic, Stan may be able to increase his price without a significant drop in sales.
- Experiment with pricing: Stan could consider experimenting with different prices to find the optimal point that maximizes his profit. By monitoring customer response to different prices, he can identify the price that generates the most revenue while covering his costs.
By taking these steps and considering the unique characteristics of monopolistic competition, Stan can better position his coffee shop for long-term success and profitability.
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Eastman publishing Company is considering publishing a paperback textbook on spreadsheet applications for business. The fixed cost of manuscript preparation, text- book design, and production setup is estimated to be $80,000. Variable production and material costs are estimated to be $3 per book. Demand over the life of the book is estimated to be 4,000 copies. The publisher plans to sell the text to college and university bookstores for $20 each.
Required:
a. What is the breakeven point?
b. What profit or loss can be anticipated with a demand of 4000 copies?
c. With a demand of 4000 copies, what is the minimum price per copy that the publisher must charge to break even?
d. If the publisher believes that the price per copy could be increased to $25.95 and not affect the anticipated demand of 4000 copies, what action would you recommend? What profit or loss can be anticipated?
The breakeven point is the sales volume at which all costs and revenues are equal and there is no profit or loss. Breakeven Point = 4,707 copies. The publisher can anticipate a loss of $12,000 with a demand of 4,000 copies.
a.
Breakeven Point (in units) = Fixed Costs / (Selling Price per Unit - Variable Cost per Unit)
Breakeven Point (in units) = $80,000 / ($20 - $3) = 4,706.67 or 4707 approx.
b.
Total Cost = Fixed Costs + (Variable Cost per Unit * Number of Copies)
Total Revenue = Selling Price per Unit * Number of Copies
Total Cost = $80,000 + ($3 * 4,000) = $92,000
Total Revenue = $20 * 4,000 = $80,000
Profit or Loss = Total Revenue - Total Cost
Profit or Loss = $80,000 - $92,000 = -$12,000
c.
Selling Price per Unit = (Fixed Costs / Number of Copies) + Variable Cost per Unit
Selling Price per Unit = ($80,000 / 4,000) + $3 = $20 + $3 = $23
The publisher must charge a minimum price of $23 per copy to break even with a demand of 4,000 copies.
d.
If the price per copy is increased to $25.95, the net profit or loss can be calculated as follows:
Total Revenue (with increased price) = $25.95 * 4,000 = $103,800
Profit or Loss (with increased price) = Total Revenue - Total Cost
Profit or Loss (with increased price) = $103,800 - $92,000 = $11,800
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Opposing Claims Quick Check
What does it mean for a claim to be debatable?(1 point)
Question 1
A It can be proven true or false.
B It is based on facts that cannot be refuted.
C It can be supported with evidence.
D It is something people could have differing opinions about.
2
A Why is it important to address opposing arguments when writing an argument?(1 point)
B It shows why the opposing argument should not be considered by your readers.
C It strengthens your claim because you have a chance to explain why it is invalid.
D It shows that your opinion on the topic is the best opinion.
E It convinces people that you have done a lot of research on your topic.
3
A What does it mean to refute an opposing argument?(1 point)
B to show that you are an expert on the topic you are writing about
C to provide reasons why it is wrong
D to support the argument with facts and examples
E to explain your claim in detail
Use the sentence to answer the question.
Claim: Middle school students should be provided with an outdoor recess as part of the school day.
Which sentence includes an opposing claim?
(1 point)
There is not enough time in the school day for middle school students to be allowed a large amount of free time.
Most teenagers do not get enough exercise and should be given the opportunity to get exercise while at school.
Research shows that middle school students would prefer to spend time socializing with their friends outside of school hours.
Students who have time to relax in the middle of the day are more focused and perform better in their studies.
Answer:
1)D 2)C
Explanation:
(I took the test got a 100%)
1) what makes something debatable is when others have different opinions about it.
2)when you explain what they other persons claim is and then show how it wrong then it makes ur claim look like a better on to agree with
Answer:
i am from connexus i just took the quick check here are the correct answers
Explanation:
1. D. it is something people could have differing opinions about.
2. C. it strengthens your claim because you have a chance to explain why it is invalid
3. C. to provide reasons why it is wrong
4. There is not enough time in the school day for middle school students to be allowed a large amount of free time.
i hope this helps and please let me know if it does
provincial government
Answer:
Provincial Government means, anything done before the commencement of the Constitution, the authority or person authorized at the relevant date or administer executive government in the Province in question.
Example:
Canada has 10 provinces, making it a provincial government form.
true or false the only reason to protect intellectual property is financial?
Answer:
false
Explanation:
PLEASE HURRY 90 POINTS AND BRAINLIEST TO WHOEVER ANSWERS
Trade School vs. College - How to Decide?
The choice to go to college or choose a trade school is a huge decision you may need to make in the near future. There are a lot of factors to consider when making this choice, so it is a good idea to start reading about the advantages and disadvantages of college and trade schools. Each path can lead to success depending on what you want to do with your life.
After reading the article, make your own list of pros and cons for both trade school and college. Highlight the most important details that will help you make your decision.
Next, develop a basic career and education plan. Your plan should briefly outline the following:
Any long and short-term goals for your education and career future
What high school and college programs might help you reach your goals
This plan can be created in any word processing program.
Once you have completed your list of pros and cons and developed your career and educational plan, answer the following questions:
The article states, “In the past, there may have been some stigma about trade schools not being a viable option to pursue well-paying, long-term careers. However, times have changed! Now more than ever students are looking for alternative education options that allow them to complete school on a faster timeframe with less financial investment.” A stigma is defined as a mark of disgrace associated with a situation or person. What does the author mean by saying that in the past there may have been some stigma about trade schools? Why do you think this stigma existed?
Why do you think this article was written? Does it seem that the author favors trade school and college as equally enriching experiences? Why?
How did the author organize the information? Did the structure of the article help you see the clear pros and cons of trade schools and colleges? Why?
What is the author’s point of view? Analyze and discuss how they distinguish their point of view from others.
What are two (or more) central ideas in this text? How are these ideas developed over the course of the article?
If you had to choose a path right now—college or trade school—which would you choose? Include details from the article that helped sway your decision.
How College Loans Exploit Students for Profit
Explain the issue Samuel discusses that has 40 million Americans in debt.
Samuel mentions three truths that you can’t ignore—briefly explain at least one of the following truths:
What is Income-Based Tuition? Discuss the three advantages to Income-Based Tuition.
4 Pillars of College Success in Science
Why did Hrabowski join the Children’s Crusade in Birmingham? What was the most important lesson that he learned?
Hrabowski states, “…most people don’t realize that it’s not just minorities who don’t do well in science and engineering.” Please explain this statement and give a brief summary regarding how Hrabowski supports this statement.
Why do students who attend the most prestigious universities in our country begin in pre-med or pre-engineering and engineering but end up changing their majors?
Explain the four things that Hrabowski’s university did to help minority students that are now helping all students?
The author of the article on trade schools versus college is encouraging students to weigh their options and make a decision based on what they want to do with their lives.
In the past, trade schools had a stigma attached to them as not being viable options for well-paying, long-term careers. However, now more than ever, students are looking for alternative education options that allow them to complete school in a faster timeframe with less financial investment.
The author wrote this article to provide information for students to make an informed decision. The author is not biased towards either college or trade schools but presents both as enriching experiences. The article is structured in a way that organizes the information in a clear and concise way, allowing the reader to see the pros and cons of both trade schools and colleges.
The author's point of view is that students should choose the path that best aligns with their goals and aspirations. They make it clear that college and trade schools can lead to success, depending on what the student wants to do with their life.
Two central ideas in the article are that both college and trade schools can lead to success, and students should choose the path that best aligns with their goals. These ideas are developed over the course of the article by providing pros and cons for both paths and discussing the importance of making a decision based on one's aspirations.
If I had to choose a path right now, I would choose college. This is because I am interested in pursuing a career in medicine, which requires a college degree. The article helped sway my decision by providing information on the advantages of college, such as the wide range of career options and opportunities for networking.
In "How College Loans Exploit Students for Profit," Samuel discusses the issue of student debt, which has left 40 million Americans in debt. One of the truths that Samuel mentions is that the student loan industry is a $100 billion industry that is making profits off of students.
Income-Based Tuition is a tuition payment option where the amount a student pays for tuition is based on their income. The three advantages of Income-Based Tuition are that it reduces the financial burden on students, it encourages students to pursue higher education, and it makes education more accessible to low-income families.
Hrabowski joined the Children's Crusade in Birmingham to protest against racial segregation and discrimination. The most important lesson he learned was the power of unity and how students can make a difference when they work together.
Hrabowski's statement means that there is a misconception that only minorities struggle in science and engineering when in reality, it is a problem that affects everyone. Hrabowski supports this statement by discussing the initiatives that his university has taken to help all students succeed in science and engineering.
Students who attend prestigious universities often begin in pre-med or pre-engineering because of societal pressure or the perceived status of these fields. However, they often end up changing their majors because they realize that their true passions lie elsewhere.
The four things that Hrabowski's University did to help minority students that are now helping all students are creating a supportive and inclusive community, providing mentorship opportunities, offering resources and support services, and promoting the importance of education.
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What are some strategies that you can use to prepare to file taxes each year? What would be
the benefits of these strategies?
which of the following is INCORRECT in explaining the users of accounting information :
a. accounts payable need accounting information to evaluate the business ability to pay debts on time
b. investors use the accounting information for planning, controlling and organising the business
c. government needs accounting statements and reports for tax purposes
d. employees are interested to know the business progress to ensure steady employment and career enhancement
Answer:
b. investors use the accounting information for planning, controlling and organizing the business
Explanation:
Investors are individuals or firms that commit their money to a business as capital with profits expectations. Investors are usually not part of business management. Their main contribution is the money they provide to finance the business operations. Investors, therefore, do not manage, plan, control, or organize the business.
Investors are also users of accounting information. They are classified as external users. To investors, accounting information communicates how the management is using their funds and the expected business performance in terms of profitability and growth.
according to the video, what are two other most important ways banks make money
According to this video, the two other most important ways in which a banks can make money are through:
banking feesinvestments.Ideally, how do bank make their money?Most diversified banks generate revenue in a variety of ways; however, at their core, banks are considered lenders. Banks generally make money by borrowing money from depositors and repaying it with interest. Banks will lend the money to borrowers, charging higher interest rates and profiting from the interest rate spread.
Furthermore, banks typically diversify their business portfolios and generate revenue through alternative financial services such as investment banking and wealth management. However, the money-generating business of banks can be divided into three categories: interest income, capital market income, and fee-based income.
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Gemma's seller client, Hugo, is selling his house in Benton. As Hugo's seller agent,
Gemma has several tasks to perform for him. One of these tasks is to what
Gemma's task as Hugo's seller agent is to conduct a comparative market analysis (CMA) to determine the appropriate listing price for the house in Benton.
The purpose of a CMA is to determine the appropriate listing price for the property by comparing it to similar properties in the local market.
Gemma will gather information on recently sold properties in Benton that are similar in size, condition, location, and features to Hugo's house. This information includes the selling prices of these properties, as well as the time they spent on the market before being sold.
By analyzing the data from the comparable properties, Gemma will be able to assess the current market value of Hugo's house. This will help her and Hugo determine a competitive and realistic listing price that attracts potential buyers while maximizing the property's value.
Gemma's CMA will involve carefully selecting and evaluating the most relevant comparable properties and making adjustments to account for any differences between them and Hugo's house. These adjustments may consider factors such as square footage, upgrades, amenities, and location.
By performing a thorough and accurate CMA, Gemma will provide Hugo with valuable insights into the local real estate market and enable him to make informed decisions regarding the listing price and marketing strategy for his house in Benton.
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Direct labor is ______.
Direct Labour is the sum of money given to employees who are directly involved in the manufacturing of items. It varies in direct proportion to production level.
What distinguishes direct from indirect labour?
Only labour engaged in the manual production of products and services is regarded as direct labour, which is how direct labour differs from indirect labour. Indirect labour is the default classification for all other work.Is the cost of direct material fixed?
A prime example of a variable cost is the price of direct materials. Remember that a fixed cost is one that keeps the same overall and reduces as a result per unit as the activity level rises.What is an example of indirect labour?
The production manager, the buying staff, the material handling staff, the material management staff, and the quality control staff are a few examples of indirect labour employment.To know more about labour, check out this link:
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Match each type of insurance with an example of when the insurance
company would make a payment.
Renter's
insurance
?.
You cause an accident
that damages someone
else's car.
Liability coverage
?
You have to take a month
off from work because of
a broken leg.
Health insurance
2
Your stereo and computer
are stolen from your
apartment
Disability
insurance
?
You go to the emergency
room after a car accident.
Answer:
See below
Explanation:
Renter's insurance
Your stereo and computer are stolen from your apartment. Renters insurance provides coverage for policyholder's properties other than their dwelling place.
Liability coverage
You cause an accident that damages someone else's car. It protects against claims arising from damages to other people or their properties.
Health insurance
You go to the emergency room after a car accident. Offers insurance coverage for medical bills incurred by the policyholder or their dependents.
Disability Insurance
You have to take a month off from work because of a broken leg. Provides protection against loss of income as a result of serious bodily injuries to the policyholder.
The income statement of Kimbrough Community Clinic for the year ended December 31, 2017, is provided below.
Kimbrough Community Clinic Income Statement For the year ended 12/31/2017
Revenues:
Net patient service revenue $774,000
Operating Expenses:
Medical services $361,000
Support services 253,000
General services 95,000
Depreciation 33,000 (742,000)
Operating Income 32,000
Other Income and Expenses:
Interest income 34,000
Interest expense 12,000 22,000
Net Income $54,000
Assuming a maximum annual debt service of $68,000, calculate the organization's debt service coverage ratio.
a. 1.46
b. 1.78
c. 0.79
d. 0.13
Answer:
0.47
Explanation:
Debt service coverage ratio = Net Operating Income ÷ Total Debt Service
where,
Net Operating Income = Revenue - Certain Operating Expenses
Total Debt Service = Current Debt Obligations
therefore,
debt service coverage ratio = $32,000 ÷ $68,000 = 0.47