after researching valero energy common stock, sandra pearson is convinced the stock is overpriced. she contacts her account executive and arranges to sell short 300 shares of valero energy. at the time of the sale, a share of common stock had a value of $101. three months later, valero energy is selling for $45 a share, and sandra instructs her broker to cover her short transaction. total commissions to buy and sell the stock were $135. what is her profit for this short transaction?

Answers

Answer 1

Sandra's profit for this short transaction is $13,845 ($16,200 - $135 - $2,220).

What is shares?

Shares are units of ownership of a company that are sold to the public. They represent a claim on the company’s assets and earnings and are traded on the stock market. When a person buys shares in a company, they become a shareholder and are entitled to receive dividends as well as voting rights at the company’s annual general meeting. Shares can also be bought and sold by investors, allowing them to benefit from any increase in the value of the company. Investing in shares can be a great way to grow wealth over the long term, but it can also involve risk and should be done with caution.

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Answer 2

Sandra Pearson had conducted analysis on Valero Energy Common Stock and holds the conclusion that the share is undervalued. The profit from her short sale is $16,665.

What precisely does stock mean?

A stock is a colloquial term for any company's equity certificates. On the contrary hand, a share references to an specific company's stock certificate. You become a member if you possess shares of a particular corporation.

Briefing:-

Profit

=[(Selling price − Purchase price) × Number of shares] − Commissions

=[($101 - $45) × 300] - $135

= ($56 × 300) - $135

=  $16,800 - $135

=  $16,665

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Related Questions

Money is a ______ of some item or group of items that is used as a medium of exchange.

Answers

Money is a legal tender of some item or group of items that is used as a medium of exchange.

What is money?

Money is what accepted legally all over as one of the means of transactions.

It is given as a payment to purchase a particular goods or services. The value of a countries money is determined by the economy.

Therefore, Money is a legal tender of some item or group of items that is used as a medium of exchange.

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If it costs $75,000 to put on an event and total revenue is $135,000, what is the profit as a percentage of revenue?

Answers

Answer:

44.44%

Explanation:

Profit is obtained by subtracting cost from revenue.

I,e.,

Profit = revenue - cost.

In this case,

Profit = $135,000 - $75,000

Profit = $60,000

As a percentage of revenue

= $60,000/ $135,000 x 100

= 0.44444 x 100

= 44.44 %

To estimate the purchase potential of business customers, a marketer must find a relationship between a variable available in industrial classification data, such as number of employees, and the size of _______.a. potential customers' salesb. potential customers' purchasesc. potential customersd. current customers' salese. potential customers' products

Answers

Option b is correct. To measure a business buyer's likelihood of purchase, marketers need to establish relationships between variables available in industry classification data such as: Number of employees and size of potential customer purchases.

A person or business that purchases goods or services from another business is called a customer. Consumers are important to businesses because they generate income. Without them, they would cease to exist.

No matter what industry you are in or what services or products you offer, your customers are the most important aspect of your business. There are no sales without customers. Therefore, it is important when crafting marketing strategies and messages.

Buyers of industrial equipment are most likely to use sampling as a purchasing method. Fed Bid is an online reverse auction site for government agencies. A reverse auction is initiated by buyers who invite companies to bid against each other to provide specified goods or services.

A target market is a specific group of people with common characteristics to whom a company sells its products or services. Companies use target markets to fully understand their potential customers and develop marketing strategies that help them achieve their business and marketing goals

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If Treasury bills are currently paying 5.2 percent and the inflation rate is 2.7 percent, what is the approximate real rate of interest?

Answers

Answer:

2.43 %

Explanation :

Real Interest rate =  (1 + nominal rate) / (1 + inflation rate) - 1

therefore,

Real Interest rate =  1.052 / 1.027 - 1

                              = 2.43 %

the approximate real rate of interest is 2.43 %

Question 2 of 10
Before taking the exam to receive CPA certification, a person must:
A. complete two years of professional education.
B. complete a one-to two-year supervised internship program.
C. gain two years of experience in financial management.
D. complete at least 120 credit hours of postsecondary education.
SUBMIT

what's the answer please

Answers

Before taking the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.

What is a CPA certification?

The CPA certification means the certified public accountant certification which is a designation given to those who meet education and experience requirements and pass an exam.

Hence, the requirement to take the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.

Therefore, the Option D is correct.

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which adaptive strategy involves reliance on domesticated animals, particularly livestock, as its mode of production?

Answers

The adaptive strategy that involves reliance on domesticated animals, particularly livestock, as its mode of production is known as pastoralism.

Pastoralism is a subsistence strategy practiced by societies where the primary economic activity is the raising and herding of animals for food, clothing, and other resources. This strategy is commonly found in arid or semi-arid regions where agriculture is challenging or unsustainable. Pastoralists rely on the mobility of their herds, moving them seasonally to find fresh grazing lands and water sources. They form a symbiotic relationship with their animals, utilizing their milk, meat, hides, and other products. Pastoralism allows societies to adapt to and sustain themselves in environments where agricultural cultivation may be limited, making efficient use of available resources and capitalizing on the benefits of domesticated animals.

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dentify fue ways in which workplace systams? and polices? and procedures? can assist in building effective relationships? 2) Explain how effective prublem-Solving? and conflict resolution? strategies autlined in policies and proedures? can suppost the identificcition ? and rescution d? workplace problems, thus maintaining effective woreplace relationships. 3) Explain the pirpose of a workplace code of conduct and how it can assist in ensuring a? harmonious? workplace and the way in which staff interact and communicate with each other. 4) Explain the value of cosculting with employees on? topics such as workplace issues; imovation, diversity suork heath and satety, and protessional development?

Answers

1) Workplace systems, policies and procedures are essential for building effective relationships among employees and employers.

Here are a few ways they can assist in building effective relationships:

Providing a clear understanding of job expectations and responsibilities

Establishing standards and guidelines for employee behavior and performance

Setting up channels of communication between management and employees

Encouraging cooperation and collaboration among employees

2) Effective problem-solving and conflict resolution strategies can support the identification and resolution of workplace problems, thereby maintaining effective workplace relationships.

Policies and procedures that outline such strategies should be in place in every organization.

Such policies and procedures can provide a framework for handling workplace disputes and conflicts.

These frameworks can include the following:

Open communication channels

Effective feedback mechanisms

A clear chain of command

A grievance procedure

A disciplinary process

3) The purpose of a workplace code of conduct is to ensure a harmonious workplace and the way in which staff interact and communicate with each other.

A code of conduct provides a set of rules and standards for employee behavior and conduct in the workplace.

These rules and standards help to establish a positive and respectful work environment.

The code of conduct should be comprehensive and cover all aspects of employee behavior, such as ethics, respect for diversity, conflict resolution, and confidentiality.

4) Consulting with employees on topics such as workplace issues, innovation, diversity, work health and safety, and professional development can have several benefits.

It can help to:

Improve communication and collaboration between management and employees

Encourage employee engagement and participation in the workplace

Increase employee satisfaction and morale

Encourage innovation and creativity

Provide valuable feedback and insights into the workplace and the organization

Identify areas for improvement and growth in the workplace

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_____ encompasses loyalty and a deep concern for an organization's welfare.

Answers

Affective commitment encompasses loyalty and a deep concern for an organization's welfare.

Affective commitment refers to a psychological attachment and emotional connection an individual develops towards an organization. It goes beyond mere job satisfaction and encompasses loyalty and a deep concern for the organization's welfare. Employees with high affective commitment feel a strong sense of belonging and identification with the organization's values, goals, and mission.

They are genuinely dedicated and willing to invest their time, effort, and energy to contribute to the organization's success. Affective commitment is driven by positive emotions, trust, and a belief in the organization's purpose, fostering long-term engagement, dedication, and a desire to support the organization through thick and thin.

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While workers in the United States are more task oriented and require information to do their jobs, workers from Korea are more motivated by strong relationships and developing trust to do the same job. That is because Korea is a ______ context culture and the U.S. is a ______ context culture.

Answers

Considering the situation described above, it is concluded that Korea is a High context culture, and the U.S. is a low-context culture.

A high context culture is a type of culture that is characterized by collectivism and an implicit form of communication.

On the other hand, a low context culture is a type of culture that is associated with direct verbal interaction and individualism.

It is no secret that the United States promotes individualism or independence as a society which is a form of low context culture. In contrast, the Korean culture promotes stability and group relation, which is a form of high context culture.

Hence, in this case, it is concluded that Korea has high context culture while the United States has a low-context culture.

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Which of the following is false regarding defined benefit pension plans provided to employees by a state or local government?
a. Defined benefit pension plans are fully funded by the employees of a state or local government.
b. Pension requirements create a huge financial obligation for many governments across the United States.
c. Many state and local governments establish pension trust funds to accumulate and invest monetary resources and to pay out pension benefits.
d. Pension trusts are classified as fiduciary funds.
e. Pension trusts are not included in reporting government-wide financial statements.

Answers

The statement that is false regarding defined benefit pension plans provided to employees by a state or local government is:

a. Defined benefit pension plans are fully funded by the employees of a state or local government.

What is benefit pension plan?

A defined benefit pension plan is a type of retirement plan in which an employer promises to pay a specified monthly benefit to eligible employees upon retirement.

The benefit amount is typically based on a formula that takes into account factors such as the employee s salary history and length of service with the company

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Respond with Social media accounts

Answers

Ask the question more specifically, and I will edit this answer and give you the answer.

BET SAY LESS nrg_samfortnite or

XxSheLuvMeXx

rjalvarez_ follow the ig

Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.

Answers

25 tickets

($14)(25)=$350
($25)(11)=$275
$350+$275= $625

A firm is selling two products, chairs and bar stools, each at $55 per unit. Chairs have a variable cost of $25, and bar stools $20. Fixed cost for the firm is $22,000.

a. If the sales mix is 1:1 (one chair sold for every bar stool sold), what is the break-even point in dollars of sales? In units of chairs and bar stools? (Round your unit answers to a whole number before calculating the breakeven point and round the break-even point to the nearest whole number.)
Break-even point______
Number of chairs_____
Number of bar stools_____

b. If the sales mix changes to 1:4 (one chair sold for every four bar stools sold), what is the break-even point in dollars of sales? In units of chairs and bar stools? (Round your unit answers to a whole number before calculating the breakeven point and round the break- even point to the nearest whole number.)
Break-even point______
Number of chairs_____
Number of bar stools_____

Answers

In both scenarios, the break-even point in dollars of sales is $26,895, with 489 chairs and bar stools sold.

The break-even point is the point at which a company's total revenue equals its total costs, resulting in zero profit or loss. To calculate the break-even point in dollars of sales, we need to consider the sales mix and the costs associated with each product.

a. If the sales mix is 1:1, meaning one chair is sold for every bar stool sold, the total cost for each unit sold is $45 ($25 + $20). The fixed cost is $22,000. To find the break-even point in units, we divide the fixed cost by the contribution margin per unit: $22,000 / $45 = 488.89. Since we can't sell a fraction of a unit, we round up to the nearest whole number, which gives us 489 units.

To find the break-even point in dollars of sales, we multiply the break-even point in units by the selling price per unit: 489 x $55 = $26,895.

b. If the sales mix changes to 1:4, meaning one chair is sold for every four bar stools sold, the total cost for each unit sold is $29 ($25 + 4 * $20). Using the same formula as in part a, we find the break-even point in units is 488.89. Rounding up to the nearest whole number gives us 489 units.

To find the break-even point in dollars of sales, we multiply the break-even point in units by the selling price per unit: 489 x $55 = $26,895.

In both scenarios, the break-even point in dollars of sales is $26,895, with 489 chairs and bar stools sold.

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Risk can be thought of as the possibility of incurring??

Answers

Answer:

Risk can be thought of as the possibility of incurring a loss.

Explanation:

Loss.

What do you think were the main concerns with the Olympus two-door sports coupe? Is there a market for a two-seat, $32,000 sports car when the RX-8 sells for significantly less? Evaluate the role of the marketing mix in the Olympus introduction. What are some of the marketing strategies auto manufacturers use to stimulate sales of certain makes of automobiles?

Answers

The main concerns of the sports coupe is that

They did not carry out good research of the marketThey also did not research the people that would buy the product.

There is no market for the two seat car given that it would be better if it was a market that people knew with  a cheaper price.

2. What is the role of the marketing mix?

The role of the marketing mix has to do with the combination of price and the product. These two did not match properly in order to be able to take care of the need of customers and expectations.

3. Some of the strategies would be the use of social media and search engines. This would help to create the awareness for their products and create traffic.

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What vision do you have for your own future?
A short summary of imagination positive future and pls include doctors cuz when I grow up I wanna be a doctor

Answers

     No one can write down a vision for your future, its your vision and future.

What is the final phase in human resource planning?
HR programming
Establishing HR objectives and policies
Developing data
HRP control and evaluation

Answers

The final phase in human resource planning. The final phase in human resource planning is: HRP control and evaluation. The correct option is D

HRP control and evaluation involve assessing the effectiveness of human resource policies and programs to ensure they align with the organization's objectives. This phase consists of several steps:

1. Monitoring the implementation of HR programs: This involves tracking the progress of HR initiatives and checking if they are in line with the established HR objectives and policies.

2. Evaluating the effectiveness of HR programs: This step involves measuring the outcomes of HR initiatives to determine if they have met their intended objectives. This could include assessing employee performance, retention rates, and overall job satisfaction.

3. Identifying areas for improvement: Based on the evaluation, the organization can identify areas where HR programs may need to be adjusted or improved. This feedback can help to continuously refine HR policies and ensure they remain relevant and effective.

4. Implementing changes: If needed, changes are made to HR programs based on the evaluation findings to improve their effectiveness. This may involve modifying existing policies or introducing new ones.

5. Continuously reviewing and updating HR policies: As the organization's needs and goals evolve, HR planning should be an ongoing process. This includes regularly reviewing and updating HR objectives and policies to ensure they remain aligned with the organization's overall goals.

In summary, the final phase in human resource planning, HRP control and evaluation, focuses on assessing the effectiveness of HR programs and policies, identifying areas for improvement, and making necessary adjustments to achieve organizational objectives.

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When a sales job is being filled by an untrained individual, the job specifications list will most likely include ________ as a way to predict which candidate will perform the job well.A) age and gender B) past job performanceC) relevant certificationD) personality traits

Answers

(D) Personality traits are often listed in job specifications for sales roles as they can be good indicators of how well an individual will perform in a customer-facing role.

Traits such as assertiveness, empathy, and extroversion are often sought after in sales roles, as they can help an individual to build relationships with customers, close deals, and handle objections effectively.

While past job performance and relevant certifications can also be important factors, personality traits are often given greater emphasis in the selection process for sales roles.
When a sales job is being filled by an untrained individual, the job specifications list will most likely include personality traits as a way to predict which candidate will perform the job well.

Personality traits are often considered important in sales roles because they can help determine a candidate's ability to connect with customers, communicate effectively, and handle potential challenges in the sales process.

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If a customer makes a partial payment of $100 on a service for which you have already billed him, you would record this transaction into the accounting equation by:____.

Answers

If a customer makes a partial payment of $100 on a service for which you have already billed him, you would record this transaction by increasing cash and decreasing accounts receivable.

The accounting equation is a fundamental accounting concept and a crucial part of the balance sheet. The calculation looks like this:

Assets = Liabilities + Shareholder’s Equity

This equation highlights the balance sheet's structure and lays the groundwork for double-entry accounting, also referred to as double-entry bookkeeping. In a double-entry accounting system, every transaction affects at least two accounts.

The balance sheet's foundation is the accounting equation. The statement of financial position and balance sheet are both financial statements. Assets, Liabilities, and Shareholder's Equity are the three main sections of the balance sheet, along with their various underlying components.

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Under variable costing, a unit of product includes which costs?

Answers

Variable costing is a cost accounting method that considers only variable manufacturing costs when calculating the cost of products.

It calculates the cost of each unit of production based only on the direct costs of that unit, ignoring any fixed overhead costs.Variable costing is often used for internal management reporting. It allows companies to better understand the costs involved in producing their products and can be useful in identifying areas where they can reduce costs or improve efficiency.

Under variable costing, a unit of product includes only those costs that are directly related to the production of that unit. These costs are often referred to as direct costs or variable costs. Examples of variable costs include raw materials, direct labor, and variable manufacturing overhead.Variable costs are costs that vary in proportion to the level of production. For example, if a company produces 100 units of a product, its variable costs will be 100 times higher than if it only produced 1 unit of that product.

In contrast, fixed costs remain constant regardless of the level of production.Variable costing differs from absorption costing, which includes both variable and fixed costs in the calculation of product costs. This can lead to different results in terms of the cost of products and the profitability of a company.

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how amazon revolutionizing supply chain management case study

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Amazon revolutionized supply chain management by introducing a new and more efficient way of managing the flow of goods, from the manufacturer to the customer.

They leveraged technology, such as their proprietary fulfillment network, to optimize delivery times and reduce costs. Amazon also implemented a just-in-time inventory system, reducing the need for physical storage space and freeing up capital.

Additionally, Amazon provides real-time data and analytics to suppliers and manufacturers, allowing them to make more informed decisions and improve their supply chain processes.

These innovative supply chain management strategies have helped Amazon to establish itself as a leader in e-commerce and have set a new standard for businesses across industries.

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DUE TODAY PLEASE HELP T^T

One reason picking a career that interests you is that you might easily spend 30-40 years doing that job.

False
True

Answers

Answer:

False

Explanation:

Because you would spend 30-40 years of that career that YOU would enjoy. If you do something that's easy but not fun, then you would most likely end up quitting that job/career.

Suppose that Lebanon has placed tariffs on its imports and exports. The import tariff is 13%, and the export tariff is 8%. If Lebanon has a balance of trade of (equivalent US dollars) $5,510,000 and received tariff revenue of $4,019,200, what are its imports and exports worth?

Answers

Answer:

Import= 17,040,000 ; Export=22,550,000

Explanation:

As we know that

Balance of trade = export - import

Let us assume that export be E

And, the import be I

So,  

Balance of trade =  E - I

$5,510,000 =  E - I

E =  5,510,000 + I

Now if we place the equation into the export or import tariffs so it would be

0.13 ×  I + 0.08 × E = $4,019,200

0.13 × I + 0.08 × ($5,510,000 + I) = $4,019,200

0.13I + 0.08I + $440,800 =  $4,019,200

0.21I =  $4,019,200 - $44,000

0.21I = $3,578,400

I = 17,040,000

So,

The export is

E = $5,510,000 + I

E = $5,510,000 + $17,040,000

E = $22,550,000

Answer:

B

Explanation:

Show, using a supply and demand diagram, how a decrease in the demand for local goods by foreign consumers will affect the exchange rate in a "floating exchange rate regime". On your vertical axis of the exchange rate diagram use the price for one pound measured in units of dollars ($/£) as the exchange rate.

Answers

In a floating exchange rate regime, a decrease in the demand for local goods by foreign consumers would typically lead to a depreciation of the local currency. This can be illustrated in a supply and demand diagram for the exchange rate.

In the diagram, the vertical axis represents the exchange rate (price for one pound measured in units of dollars, $/£). The downward sloping demand curve represents the foreign demand for local goods, and the upward sloping supply curve represents the supply of the local currency. The point where the supply and demand curves intersect determines the equilibrium exchange rate.

When the demand for local goods by foreign consumers decreases, the demand curve shifts to the left. This indicates a reduction in the demand for the local currency to purchase those goods. As a result, the equilibrium exchange rate decreases, leading to a depreciation of the local currency.

The depreciation of the local currency makes it relatively cheaper for foreign consumers to purchase the local goods. It encourages exports as they become more competitive in the international market. At the same time, it makes imported goods more expensive for domestic consumers, which may lead to an increase in domestic consumption of local goods.

Overall, a decrease in the demand for local goods by foreign consumers in a floating exchange rate regime typically results in a depreciation of the local currency, which can impact the competitiveness of local industries in international markets.

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which of the following are included in the income approach to measuring gdp? rent; consumption expenditure; government expenditure on goods and services b. wages; interest; consumption expenditure od. interest; rent; investment a. wages; interest; rent

Answers

Expenditure method, Income method and Product method are included in the income approach to measuring gdp.

Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the per capita GDP.

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Zach is looking for a homeowners insurance policy for his new house. AAA Insurance company has offered him a plan that insures his home annually for $0.36 per $100 of value in the home. In order to make calculations easier, Thompson’s Insurance lists their annual homeowners insurance premium a bit differently, at $3.63 per $1,000 of value in the home.
Zach’s house is worth $289,000. What should Zach be thinking as he chooses between the two insurance companies?
a.
$3.63 per $1,000 is approximately the same as $0.36 per $100. The premiums for the two insurance companies will be the same.
b.
The annual premium for his house would be cheaper through AAA.
c.
The annual premium for his house would be cheaper through Thompson’s.
d.
Since the two insurance companies list their premiums differently, the two cannot be compared.

Answers

Answer:

B

Explanation:

just did the test and got it right

an employee can be dismissed if their job surplus to requirements' outline why this state ment is false

Answers

Hiring labour is different from buying other goods and services, and the contract between the employer and the employee is incomplete. It does not cover what the employer really cares about, which is how hard and well the employee works.

explain the nature of operations

Answers

operations describes the processes and resources that you use to produce the highest quality products or services as efficiently as possible. Business operations typically include four key areas: ... Labor:

Which of the following is not a step in the decision making process
a.Identify Choices
b. MAKE a decision
c.Consult a career coach
d. DEFINE your needs and wants

Answers

Career Coach is wrong (Pretty sure)

F is considered as an _____________ factorand q is considered an ___________ factorGroup of answer choicesinternal, externalinternal; internalexternal; internalnone of the choicesexternal; exte

Answers

Internal factors are those which are within the control of a company and can be changed by the organization. These factors include strategies, organizational structure, leadership and culture, employee productivity, and marketing and sales initiatives.

External factors are anything outside of the company's control and can include the economy, competition, technology, political environment, and social and demographic changes. These factors can have an impact on the success of the organization, but the organization cannot directly control them.

For example, an organization may be able to control its internal factors, such as its marketing and sales initiatives, but it cannot control external factors such as the economy or competition.

The organization may be able to make changes to its pricing, product offerings, and marketing strategies in response to changes in the external environment, but it cannot control the overall economic conditions or the actions of its competitors. Therefore, internal factors are the primary determinant of a company's success or failure, while external factors are often secondary.

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The genetic material in bacteria forms a large complex with protein called the: How shifts in demand and supply affect equilibrium Consider the market for pens. Suppose that the number of students with an allergy to pencil erasers increases, causing more students to switch from pencils to pens in school. 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Solve the following system of equations. 5 a-b=17 3 a+2 b=5 A change in the language is ______when people disagree about its correctness What is the term used to describe any living or nonliving things that influence another living organism? (1 point)O environmental factorso variationo frameshift mutationsO distribution The ____ of two tables is a table containing every row that is in either the first table, the second table, or both tables.a. minusb. unionc. differenced. intersection Source and analysis essays A parallel-plate capacitor is made from two aluminum-foil sheets, each 6 cm wide and 5 m long. Between the sheets is a Teflon strip of the same width and length that is 3.6102 mm thick. What is the capacitance of this capacitor? (The dielectric constant of Teflon is 2.1.) How far east did the Germans advance in World War I? Imagine that you find a layer of rock containing many fossil clams. The layer of rock is 50 km from the ocean. The fossils are about 5 million years old. Clams usually live in shallow ocean water. Based on the fossils, what can you guess about the environment in this area 5 million years ago? define the following terms:dispersion and refraction Susan is making a scale model of a basketball. susan's model has the following volume: v = 0.3040m in3 the volume of the basketball is 10 times larger than susan's model. what is the radius of the basketball, in inches? delivering a speech about poor The text below contains 4 subject-verb errors. Correct them. Our rooms: For our guests comfort, we offers 35 fabulous en-suite bedrooms, all fashionably renovated, and each with a private balcony, wifi, digital TV, and tea and coffee facilities. We also has telephones, hair-dryers and electric window shutters in each room. Our lobby: As our guests arrive at the hotel, they enters a welcoming reception area that lead to a beautiful, bright lounge. Here, they can enjoy a peaceful environment next to a vintage fireplace during the winter evenings. you will create your own budget.First, youll need to determine the cost of housing in your community. For this exercise, dont pick the least or most expensive house; instead, try and determine the average cost of a home to rent or to buy. You may want to use a Website that displays the sale and rental values of most homes, even those that arent for sale, in your area.After you determine the average cost of a home, use the same methods to find a car you'd be interested in buying. Try and keep the cost of the car reasonable. After you've researched the car you're most interested in, use an online calculator to determine what the monthly payment would be to finance the vehicle. Most new vehicle finances are for a five year term or 60 month term.All vehicles must be insured. You can find insurance rates by calling an insurance carrier or by using an online site and filling out some basic information. DO NOT provide sensitive and personal information on these sites. You are only looking for a quote to determine the cost of insurance. To do this, you may need to determine the minimum insurance coverage required by law in your state.Next, determine the cost of gas. You can do this by researching the MPG of the car you wish to buy and determining the number of miles you believe youll drive each month. To perform the calculation, divide the number of miles you will drive each month by the miles-per-gallon (MPG) of the car you wish to purchase. Then multiply that total by the current cost of a gallon of gasoline. On average, people drive approximately 1,000 miles per month.Youll also need to determine the amount of money you want to save each month, the cost of groceries, clothing, gifts, incidentals, and extra expenses. You can use an online budget calculator to help you. This exercise will help you to determine how much money you'll need to make each month to live within your means.Finally, use the Story tool to list your expenses and determine a monthly total. Then describe some things you would have to do to make sure you lived within your budget. How would you control your spending? How would you decide what is important to buy and what is not? When youve completed your own Project, search for Projects other students have completed about your topic and comment on their work. If you find a Project on a topic that youve researched, you may want to engage in a discussion about that topic with other students. Check your own Project often and reply to students that have commented on your topic. Find the constant rate of change (CROC):x=1, 2, 3, 4, 5y=4, 8, 12, 16, 20 according to economist john kenneth galbraith, advertising and marketing were creating the very consumer demand that production then aimed to satisfy. the assertion that consumer demand relies upon what producers have to sell is termed multiple choice the hawthorne effect. the supplemental effect. the reverse channel effect. the dependence effect.