Management can be defined as a process of getting the work or the task done this is required for achieving the goals of an organization in an green and effective manner. manner implies the features of the management. this is, planning, setting up, staffing, directing and controlling.
In the simplest of terms, business control refers to the coordination and administration of business activities, tasks, and assets to achieve a fixed objective. This often entails supervision and training of staff, overseeing core operations, and designing company infrastructure to optimize for the future.
Simply put, with out managers, companies would fail. Managers play a huge role inside the industry by means of producing growth with high-acting teams. In all, managers will always be a crucial part of any business by playing a role in tasks like decision-making to hiring and training new employees.
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The owner of Kat Motel wants to develop a time standard for the task of cleaning a cat cage. In a preliminary study, she observed one of her workers perform this task six times, with the following results:
Observation
1
2
3
4
5
6
52
Time (seconds)
27
30
54
69.8
98
What is the standard time for this task if the employee performance rating is 5.9% percent, and an allowance of 10.8 percent of job time is used?
seconds
Given: 1 2 3 4 6 Observation Time 5 93 99 87 90 81 90. Observed Time = Average of 6 samples -> ( 99+87 + 90 + 81 + 93 + 90 )/6 = 90. This observed time is at 50% faster rate. Hence Normal Time would be 90*3/2 = 135 seconds.
Standard Time : The standard time for a job can be obtained by multiplying the normal time by an appropriate allowance factor. Hence Standard Time = 135*1.1 = 148.5 ~ 150 seconds.
The synchronisation of clocks inside an area of geography to a single time standard, instead of a local mean time standard, is known as standard time. In general, standard time agrees with local mean time at a few meridian that passes through the area, usually near the centre. Standard time was established in the nineteenth century to help with weather forecasting as well as train travel. Geographical regions became time zones when they were applied globally in the twentieth century.
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At the end of the video, Keith Reinhard says that advertisers have the ability not only to lift up the brands they work for but also to lift up the human spirit. Do you think this is true? Is it their responsibility? Explain.
ahi-dasa-uxy j0in on g00gle meet
Personal Impact Improvement Plan. Think about the tips for how to live an environmentally friendly life and set goals for your own improvement. Be specific and realistic for your life.
A Personal Impact Improvement Plan is a means of making small lifestyle changes to reduce one's impact on the environment. It is a series of simple lifestyle changes that can make a huge difference. An environmentally friendly lifestyle is beneficial for the environment, our health, and the economy.
Following are some tips for living an environmentally friendly life: Reducing water usage: Water is an essential natural resource. Conserving water saves money and energy while protecting the environment. This can be achieved by reducing shower times, using a low-flow showerhead, and fixing leaky taps. Reducing energy usage: The use of energy affects the environment, both locally and globally.
By conserving energy, we can save on our energy bills and reduce pollution. This can be achieved by using energy-efficient lighting, unplugging electronics when not in use, and reducing heating and cooling requirements.
Reducing plastic usage: Plastic waste is a significant problem for the environment. It takes a long time to decompose, and it is not biodegradable. This can be achieved by using reusable bags, bottles, and straws.
Reducing carbon emissions: Carbon dioxide is a greenhouse gas that contributes to climate change. This can be achieved by walking, cycling, or taking public transport instead of driving and reducing air travel.
Setting goals for your own improvement is essential. Specific, realistic, and achievable goals can be set to make lifestyle changes more manageable.
The goals should be tailored to the individual and their circumstances. For example, a person can aim to reduce their energy consumption by 10% by using energy-efficient lighting and unplugging electronics when not in use.
Another person can aim to reduce their water usage by fixing leaky taps and reducing shower times. It is important to remember that small changes can make a big difference, and everyone can do their part to help the environment.
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(Economics)
In an essay of at least two well-developed paragraphs, explain the global benefits of international trade and multinational corporations.
International trade refers to the exchange of goods and services across national borders. It plays a significant role in promoting economic growth and providing several global benefits.
One of the primary advantages of international trade is that it allows countries to specialize in producing goods and services in which they have a comparative advantage. This means that countries can focus on producing goods that they can produce more efficiently and at a lower cost compared to other countries. As a result, resources are allocated more efficiently, leading to increased productivity and higher standards of living.Furthermore, international trade enables countries to access a wider variety of goods and services that may not be available domestically. This increases consumer choices and provides opportunities for individuals to enjoy a higher quality of life. For example, consumers in a landlocked country can still enjoy fresh seafood by importing it from coastal countries. Similarly, individuals in colder climates can purchase tropical fruits from countries where they are grown.Multinational corporations (MNCs) also contribute to the global benefits of international trade. These are companies that operate in multiple countries, with business activities ranging from production to distribution. MNCs play a crucial role in facilitating international trade by establishing global supply chains, investing in foreign markets, and creating jobs. They bring capital, technology, and managerial expertise to host countries, which can lead to economic development and improved living standards.Moreover, MNCs often engage in research and development (R&D) activities, driving innovation and technological advancements. This can have far-reaching benefits for both the host country and the global economy. For instance, a multinational pharmaceutical company conducting R&D in a developing country may discover new drugs or medical treatments that can benefit people worldwide.In conclusion, international trade and multinational corporations provide numerous global benefits. They promote specialization, resource allocation efficiency, and access to a wider variety of goods and services. Additionally, MNCs contribute to economic development, job creation, innovation, and technological advancements. Overall, international trade and MNCs play a crucial role in fostering economic growth and improving the well-being of individuals and nations around the world.
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True False
An employee's loyalty to colleagues, managers, or the company is a common reason that prevents employees from reporting ethical misconduct in the company.
It is a true statement that an employee's loyalty to colleagues, managers or the company is a common reason that prevents employees from reporting ethical misconduct in the company.
What is an ethics in business?The business ethics refers to any standards for the morally right and wrong conduct in business. It is also defined as those conduct that are “legal” and “ethical” which enhances the law by outlining acceptable behaviors beyond government control.
In the context of ethics, a misconduct means any wrongdoings but not limited to any criminal, fraudulent, illegal or dishonest activity that constitutes a breach of trust. However,
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Should I tell my parents I'm adopted?
Answer: Yes
Explanation:
It is important, when telling them about their adoption, to help them understand that they were born first—and that all children, adopted or not, are conceived and born in the same way. The birth came first, then the adoption. Waiting until adolescence to reveal a child's adoption to him or her is not recommended. “Halloween is the beginning of the holiday shopping season. That’s for women. The beginning of the holiday shopping season for men is Christmas Eve.”
—David Letterman
Hunter has just completed his first year of operation as a sole proprietor of a successful sporting goods store. There were
challenges but he was excited about getting to keep all the profits of the venture to himself.
A) Advantage of a sole proprietorship
B)Disadvantage of a sole proprietorship
Some of the advantages and disadvantages of sole proprietorship include:
Advantage - keep all the profits Disadvantage - personally liable for any debtsWhat are the advantages and disadvantages of sole proprietorship?One of the advantages of a sole proprietorship is that the business owner gets to keep all the profits of the business for themselves. This is because the owner has complete control over the business and is not required to share the profits with any other partners or shareholders.
One of the disadvantages of a sole proprietorship is that the business owner is personally liable for any debts or legal issues that arise in the course of business.
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Why do companies wish to have financial slack?
This extra money is available to help a company survive difficult times, such as decreases in sales, revenues or profits
MJ Co. pays out 60% of its earnings as dividends. Its return on equity is 15%. What is the stable dividend growth rate for the firm?
Answer: 6%
Explanation:
MJ’s Payout ratio = 60%
Retention ratio will be:
= 1 - Payout ratio
= 1 - 60%
= 40%
Return on equity = 15%
Wethem calculate the stable dividend growth rate for the firm which will be:
= Retention Ratio × return on equity
= 40% × 15%
= 0.4 × 0.15
= 0.06
= 6%
Therefore, the stable dividend growth will be 6%
A marketing budget should be as detailed as possible to ensure nothing is left out.
True
False
The answer is true I believe.
Answer:
True
Explanation:
did it on
IntelAir Present Value
You are an investment bank intern and your first job is to help with an acquisition project. Your client, Purifier, is an industry leader in the air conditioning business. Recently, Purifier approached your investment bank and expressed its interests in acquiring a start-up called IntelAir. Your project manager assigned you the task of evaluating this acquisition. After one week of research, you gathered the following information about IntelAir.
IntelAir was founded two years ago by a few college dropouts. IntelAir has developed a proprietary temperature sensor antenna and a patented air purifying system. Purifier thinks that acquiring IntelAir will bring valuable economic synergies and expand Purifier’s market share.
IntelAir has signed contracts with several temperature sensor companies to deliver its antenna. The contract specifies that over the next ten years (years 1 to 10), IntelAir would deliver their most up-to-date sensor antennas for $1000/unit. The yearly order volume is 5000 units for a total revenue of $5,000,000. After 10 years, IntelAir anticipates that there will be no more demand for antenna due to landscape changes in the technology space.
The all-inclusive cost of sensor production is $700/unit. However, IntelAir expects that in year 5, there will be a major technology upgrade. IntelAir will incur a one-time upgrading expense in year five, which is not included in the previous all-inclusive cost. The upgrading expense is $800,000.
Also, Purifier intends to sell the air purifying system patent one year after the acquisition (year 1). The patent’s expected selling price is $2,000,000.
Purifier currently uses a discount rate of 10%.
What is the maximum Purifier should pay for IntelAir? (please use two decimal digits in your answer)
The maximum amount that Purifier should pay for IntelAir is $10,538,700.
Data and Calculations:
Selling price per antenna = $1,000
All-inclusive production cost per unit = $700
Annual net cash inflow per unit = $300/unit ($1,000 - $700)
Number of units to be sold per year = 5,000 units
Total annual net cash inflow = $1,500,000 ($300 x 5,000)
Expected period of revenue generation = 10 years
Discount rate = 10%
The PV annuity factor at 10% for 10 years = 6.145
The Present value of annuity of net cash inflow = $9,217,500 ($1,500,000 x 6.145).
The Present value of patent sale = $1,818,000 ($2,000,000 x 0.909).
The Present value of upgrading expenses = $496,800 ($800,000 x 0.621).
The maximum amount that Purifier should pay for IntelAir is $10,538,700 ($9,217,500 + $1,818,000 - $496,800).
Thus, the maximum amount that Purifier should pay for IntelAir is $10,538,700.
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Specify which would be the most appropriate fiscal policy (expansionary / contractionary) response to each of the following scenarios:
A recession._____ (expansionary / contractionary)
A stock market crash that hurts consumer and business confidence. ______ (expansionary / contractionary)
Extremely rapid growth of exports.______ (expansionary / contractionary)
Rising inflation.______ (expansionary / contractionary)
A rise in the natural rate of unemployment.______ (expansionary / contractionary)
Which of the following decreases when credited?
Revenue
Inventory
Wages payable
Loans payable
Splish Brothers Inc. sold its accounts receivable of $70,300. What entry should Splish Brothers make, given a service charge of 4% on the amount of receivables sold?
Beverly Mills has decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area, but that dealer has several leasing options to accom-modate a variety of driving patterns. All the leases are for 3 years and require no money at the time of signing the lease. The first option has a monthly cost of $330, a total mileage allowance of 36,000 miles (an average of 12,000 miles per year), and a cost of $0.35 per mile for any miles over 36,000. The following table summarizes each of the three lease
options:
(See photos below)
Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.
Beverly Mills decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area, but that dealer has several leasing options to accommodate a variety of driving patterns.All the leases are for 3 years and require no money at the time of signing the lease.
The three lease options available to Beverly Mills are as follows:
Option 1:Monthly cost: $330Total mileage allowance: 36,000 miles (an average of 12,000 miles per year)Cost for any miles over 36,000: $0.35 per mile
Option 2:Monthly cost: $460Total mileage allowance: 45,000 miles (an average of 15,000 miles per year)Cost for any miles over 45,000: $0.45 per mile
Option 3:Monthly cost: $540Total mileage allowance: 60,000 miles (an average of 20,000 miles per year)Cost for any miles over 60,000: $0.55 per mile
Therefore, Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.
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Daniel Simmons arrived at the following tax information: Gross salary, $62,250 Interest earnings, $75 Dividend income, $140 One personal exemption, $4,050 Itemized deductions, $7,000 Adjustments to income, $850 What amount would Daniel report as taxable income?
The amount that Daniel would report as taxable income is $50,565.
Taxable incomeGross salary $62,250
Add: Interest earnings 75
Add Dividend income $140
Less Adjustments to income ($850)
Less One personal exemption ($4,050)
Less Itemized deductions ($7,000)
Taxable Income $50,565
Inconclusion the amount that Daniel would report as taxable income is $50,565.
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I am better at my job than most of the other people who have the same job title agree or disagree
Disagreed. You cannot say that you are better at your job than others who have the same job title.
How to answer questionnaire questions?While providing the answer to a questionnaire, it is very important that a person would try to be as truthful as possible.
The reason they have to be truthful is so that they would be able to give the best answer that would be useful for the research.
In a question like this, I used disagreed because it is not possible that you have met all of the persons that have the same job description as you do.
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Westco Company issued 14-year bonds a year ago at a coupon rate of 8 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 6.3 percent, what is the current bond price in dollars?
The current bond price in dollars is approximately $1,137.49.
To calculate the current bond price, we can use the present value of the bond's cash flows. Since the bond has a 14-year maturity and makes semiannual payments, it will have a total of 28 (14 years multiplied by 2) coupon payments.
The coupon rate is 8 percent, which means the bond pays $80 (8 percent of $1,000) in interest annually, or $40 per semiannual period. The bond also returns the face value of $1,000 at maturity.
To calculate the present value of the bond's cash flows, we discount each cash flow to its present value using the yield to maturity (YTM) of 6.3 percent. The YTM represents the market's required rate of return for the bond.
Using a financial calculator or spreadsheet software, we can discount each cash flow and sum them up to find the current bond price. The formula to calculate the present value of a bond's cash flows is:
PV = C * (1 - (1 + r)^(-n)) / r + F / (1 + r)^n
Where PV is the present value, C is the coupon payment, r is the YTM per period, n is the total number of periods, and F is the face value.
Plugging in the values for the given bond, we have:
C = $40
r = 6.3% / 2 = 0.0315 (semiannual YTM)
n = 28
F = $1,000
Using the formula and calculating the present value, we find that the current bond price is approximately $1,137.49.
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Define Entrepreneurial Finance (EF), mention and differentiate different forms of EF based on investment strategies.
The financial decisiοns and actiοns that entrepreneurs take when launching οr managing a firm are referred tο as entrepreneurial finance (EF). This cοvers everything frοm οbtaining startup financing and cοntrοlling financial flοw tο selecting investments and fοrmulating develοpment plans.
What are the seven principles οf entrepreneurial finance?Cash flοw management, incremental risk and reward, time value οf mοney, incremental cash flοws, the οppοrtunity cοst οf capital, risk management, cοntingency planning, and cοntingency planning are essential fοr successful entrepreneurial finance.
What are the stages in entrepreneurial finance?The entrepreneur raises mοney tο develοp an idea, hire key persοnnel, and cοnduct market research. At the early stage, the entrepreneur has a business plan and prοtοtype οr prοοf οf cοncept. At the grοwth stage, funds are raised tο scale the business, expand intο new markets, and hire additiοnal persοnnel. At the mezzanine stage, the business is preparing fοr an IPO οr acquisitiοn. At the exit stage, the funds are used tο reward investοrs and entrepreneurs.
Based οn the investment tactics used, there are many types οf entrepreneurial finance. Here are the tοp three. Bοοtstrap Financing is a self-funded fοrm οf entrepreneurial finance where entrepreneurs use their οwn savings, persοnal credit cards, and/οr small lοans frοm friends and family tο get their business οff the grοund.
Angel Investing is a high-net wοrth individual whο prοvides funding tο early-stage startups in exchange fοr equity οwnership. Venture Capital is a type οf financing that is best suited fοr startups that have prοven their prοduct οr service and are ready tο scale up.
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I am wondering what the answer to question number 4 is thank you!
Answer:
the answer is thank you because you said it
Explanation:
DUH=)
In the workplace today, more emphasis is being put on mental health. But sometimes, employees don't want to be seen as being unable to deal with the demands of their job. Do organizations have an ethical responsibility to help employees deal with stress? Why or why not?
I need to write a short essay for this
Please give me some idea
Answer:
I believe it would be a lot easier to argue organization's ethical responsibility to help employees deal with stress.
Here's some ideas:
INTRO
--> Introduce your topic/argument
(make sure to include a thesis statement!!)
First, show the reader how damaging stress can be to the employee by explaining it's negative impact on the employee's wellbeing:
Symptoms of stress and ways that it negatively impacts employees specifically.Mention how stress reduces productivity and site research about it.Point out how common stress is within the workplace by using stats or current day examples:
Statistics about the huge percentage of people who report feeling stressed out from work.Use the current day example of how the current pandemic has had a massive impact on the stress especially on healthcare workers.Main point: stress is a very common and serious problem among employees.BODY
Argue how organizations DO have an ethical responsibility to help employees deal with stress:
Point out how it's a very serious problem.Argue that an organization who chooses not to help is a bad organization.Show examples in history where organizations did not take good care of their employees.To further strengthen your argument, mention how beneficial it is for the organization itself to provide resources for employees to help them manage their stress:
Provide statistics on the usefulness of stress-management programs within the workplaces (example: INCREASES PRODUCTION).Argue how happier employees also tend to function better in the workplace because they feel supported.CONCLUSION
--> Summarize your essay
Summarize your main points and restate your thesis statement here.Martinez Company�s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its unit costs are as follows: Amount per Unit Direct Materials $6.00, Direct Labor $3.50, Variable manufacturing overhead $1.50, Fixed Manufacturing overhead $4.00, Fixed selling expense $3.00, Fixed administrative expense $2.00, Sales Commissions $1.00, and Variable administrative expense $0.50.
The total amount to make the product will be your labor,materials,and overhead.
Materials $6 + Labor $3.5 + Overhead (fixed and variable) $5.5 (1.50 + 4) = $15 * 10,000 = 150,000.The total amount to sell the product will be a fixed sale of $3 + fixed administration $2 + commission $1 + variable administration $0.50 = $6.50 * 10,000 = 65,000.Variable cost per unit will be all the variable costs added together.Materials, labor, variable overhead,commissions,variable administrative expenses.6 + 3.5 + 1.5 + 1 + 0.50 = $12.50.Variable cost per unit will be all variable costs added materials,labor,variable overhead,commissions,variable administrative expenses 6+3.5+1.5+1+0.50 = $12.50.5. 12.50*8,000=100,000. 12.50*12,500=156,250.Fixed manufacturing 4.00*10,000 = 40,00040,000/8,000=5.00.Crafting fixed 4.00*.The total incremental costs Martinez will incur if it increases production from 10,000 to 10,001 units is $11.The next step is to determine the incremental cost Incremental cost of production=Unit variable cost×Units increased Incremental cost of production=$11 × 1 unit.
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Explain how political and international factors pose challenges to businesses.
Answer:
Synonyms:complicated, difficult, complex, elaborate, confused, confusing, incomprehensible, intricate, contorted, involved
Antonyms:straightforward, simple, make sense, understandable, intelligible, apparent, easy, evident, clear-cut, manifest
Entry:decadence
Synonyms:indulgence, self-indulgence, sybaritic, epicurean, extravagance, weakness, fun-loving, for fun, for a laugh
Entry:evil
Synonyms:the Devil, satanism, black mass, the forces of darkness/evil, satanic, Old Nick, horn, Satan
Entry:two-edged
Synonyms:mixed, patchy, spotty, mixed blessing, six of one, (and) half a dozen of the other, a double-edged/two-edged sword, work both ways, the rights and wrongs of something, cut both ways
Using the thesaurus
Share this entry
SYNONYMS OF THE DAY
happy© PHOTODISC
happy
feeling pleased and satisfied
Synonyms:
glad
alive
pleased
content
satisfied
contented
Browse more
TRENDING WORDS
put off
make someone not want or like something
8.4%
take up
start doing something regularly
-0.9%
take on
start to employ someone
2.5%
keen on something
interested in something and enjoying it
-3.1%
I couldn’t agree more
used for emphasizing that you agree
-10.0%
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Explanation:
How will the bank increase the quantity of money
Answer:
Expansionary policy increases the total supply of money in the economy more rapidly than usual and contraction policy expands the supply of money more slowly than normal. ... The reserves of money are kept in Federal Reserve accounts and U.S. banks.
Answer:
djdkdosjskssawkwjsososksossosj
3. List two things that should be included in the opening of a cover letter.
The opening of a cover letter will includes
Greeting and introductionPurpose statementWhat should be included in the opening of a cover letter?The opening of a cover letter plays a crucial role in making a positive first impression and should begin with a polite greeting, addressing the recipient by name if known and followed by a brief introduction of yourself.
This sets the tone for a professional and personalized approach. It is important to clearly state the purpose of the cover letter including the specific position you are applying for and briefly mentioning the source through which you discovered the opportunity.
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During the month, Bavarian Auto Co. received $379,550 in cash and paid out $320,350 in cash. a. Does this information indicate that Bavarian Auto Co. had net income of $59,200 during the month? No
Net income is ✓ the net change in all assets and liabilities from operating (revenue and expense) transactions.
b. If the balance of the cash account is $85,800 at the end of the month, what was the cash balance at the beginning of the month?
Answer:
No, $59,200 shows only the change in the net cash not in the net income.
The beginning cash balance for the month is $26,600.
Explanation:
a. When the difference of the cash received that is $379,550 and cash paid that is $320,350 is taken it shows only the net change in the cash balance that is $59,200, irrespective of the net income, as this might or might not include some of the revenues or expenses which are in the cash form.
b. When the ending cash balance is $85,800, and the net cash changes is $59,200; then the beginning cash balance will the difference of the ending cash balance and the net cash changes; this will amount to $26,600.
Which of the following organizations must comply with rules and regulations established by specific government agencies to enforce the Equal Employment Opportunity Act of 1972?
a. Government organizations with a minimum of 10 employees
b. Private employers with 15 or more employees
c. Private organizations with a minimum of 10 employees
d. Labor unions with 5 or more members
Marigold Corporation factors $260,800 of accounts receivable with Kathleen Battle Financing, Inc. on a with recourse basis. Kathleen Battle Financing will collect the receivables. The receivables records are transferred to Kathleen Battle Financing on August 15, 2020. Kathleen Battle Financing assesses a finance charge of 2% of the amount of accounts receivable and also reserves an amount equal to 4% of accounts receivable to cover probable adjustments. (b) Assume that the conditions are met for a transfer of receivables with recourse to be accounted for as a sale. Prepare the journal entry on August 15, 2020, for Marigold to record the sale of receivables, assuming the recourse obligation has a fair value of $5,000.
Answer:
Date Journal Entry Debit Credit
Aug 15 Cash $245,152
Due from factors $10,432
Loss on sale of receivables $$10,216
Recourse liability $5,000
Account receivable $260,800
Cash received = ($260,800*94%) = $245,152
Add: Due from factor($260,800*6%) = $10,432
Less: recourse obligation= $5,000
Net proceeds= $ 229,720
Loss on sale of Receivables = $260,800 * 2% + 5000 = $10,216
***I WILL GIVE BRAINLIEST*****
Jose can't wait to buy his first car next month. He imagines that he will make several new friends at school since everyone will want to ride in his car. He is even having a hard time concentrating on filling orders at the restaurant where he works. Does Jose's thinking have an ethical component? Who is most affected by Jose's conduct? *
Answer:
His thinking does NOT have a ethical componet.
HISELF is most affected by his conduct.
Answer:
C
Explanation:
im him
This case discusses the case of India and the potential impact of the new government's reforms on the future of India. The case discusses some of the factors that have prevented India from growing faster while also emphasizing the need for reforms. Answer the following questions:
1. What are some of the factors that show that India has lots of promise to shine among the emerging market economies?
2. What are some of the factors that are preventing India from achieving its full potential?
3. Why was China able to achieve such economic growth more easily than India?
4. What are some of the tough reforms that India has to go through in order to succeed?
Some of the factors that show that India has lots of promise to shine among the emerging market economies are;
India's substantial manufacturing growth, business-friendly reforms, infrastructure development, and political stability make the country the most notable developing market for investors to invest in.What are some of the factors that are preventing India from achieving its full potential?India would not be able to grow its economy or develop sustainably until gender and economic disparity are reduced. According to a recent United Nations Development Fund assessment, India trails behind several of its South Asian neighbors on the human development index (HDI), mostly due to inequities.
Why was China able to achieve such economic growth more easily than India?While economic reforms may account for some of the differences, China outpaced India because:
(1) the economy was privatized sooner;
(2) prices were released sooner;
(3) the labor market underwent much deeper reforms; and
(4) the economy was opened up to international trade and foreign direct investment (FDI) sooner.
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