Analyze the care med's make strategic considerations. If manufacturing is a fundamental capability for Care Med's business, that needs to be determined.
The fundamental strategic factors that should be taken into account as you develop a future strategy are products, services, clients, markets, money, personnel, technology, and production capacity. Arenas, Differentiators, Vehicles, Staging, and Economic Logic are the five components of strategy.
Researchers in strategy, Donald Hambrick and James Fredrickson, created this concept. A strategy explains how the means (resources) will be used to accomplish the ends (goals). Strategy can be predetermined or it can develop organically when an organization competes or changes its surroundings.
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Please help me. I will mark you as brainliest !!
The rule of supply and demand says that
A. as price increases, demand decreases
B. supply and demand both increase with price
C. as demand increases, price increases
D. as demand decreases, price increases
Answer:
The answer is C
Explanation:
Let's say that we have 100 cars unique in the world and each car's value is 10000$. Now, let's say that you have 3 cars like the last ones, 3 cars unique in the world? You won't sell them at 10000$, you have to increase the price because the cars are very rare.
The new boss gave workers better family leave, vacation, and sick leave policies. She is probably:
A. task-oriented.
B. narcissistic.
C. toxic.
D. relationship-oriented.
Answer:
Relation Oriented? its not A, B, or C...
Explanation:
Answer:
D. Relationship Oriented!
Explanation:
I just took the test!
Which of the following is typically estimated by comparing the sample survey results with some outside criterion?a. Coding errorsb. Sampling errorsc. Noncoverage errorsd. Nonresponse errorse. Refusal errors
The correct answer is c. Noncoverage errors.
Noncoverage errors are typically estimated by comparing the sample survey results with an outside criterion. Noncoverage errors occur when certain elements of the target population are excluded or not represented in the survey sample. This can lead to biases and inaccuracies in the survey results. By comparing the sample survey results with an external criterion, such as known population parameters or independent data sources, researchers can estimate the extent of noncoverage errors and adjust the findings accordingly.
Coding errors (option a) refer to mistakes made during the process of converting survey responses into a format suitable for analysis. Sampling errors (option b) arise due to the inherent variability that occurs when a sample is used to estimate characteristics of a population. Nonresponse errors (option d) occur when individuals selected for the survey do not participate or provide incomplete responses. Refusal errors (option e) specifically refer to cases where individuals refuse to participate in the survey.
Therefore, it is noncoverage errors (option c) that are typically estimated by comparing the sample survey results with some outside criterion.
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why adding payment options in the stands can increase a fan’s satisfaction at a sports
event?
The results of a partial least squares structural equation modeling analysis imply that aspects of the stadium, club management, and the fan-based support for the club are the most important determinants of fan satisfaction.
- BRAINLIEST answerer
Answer: The costumer would find it better and easier, which means sport event will make more profit because the fans are satisfied.
Hope this helped!
statements that can be relied on with a fair amount of certainty and can be observed objectively are known as multiple choice principles. values. conclusions. facts. priorities.
Facts are statements that can be verified with a fair amount of certainty and that can be verified through objective observation.
A fact is a piece of information about one or more aspects of a situation that, if believed to be accurate and proven to be accurate, allows for the logical conclusion of a true or false judgment. Using reliable reference sources is a common part of fact-checking.
A fact is an uncontested observation of a natural or social phenomenon. We are able to see it for ourselves and show others. An assertion that can be supported by subsequent observations is called a hypothesis. We set out to gather evidence to test the validity of our idea.
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suds & cuts is a local pet grooming shop owned by collin bark. collin has prepared the following standard cost card for each dog bath given:
For each dog bath given, Collin has created the typical cost card shown below: 2.1 oz. is the standard quantity. Unit Cost Standard Rate $0.84 $ 0.40 per oz. $0.06 per gallon for 19 gals.
What is dog grooming?Dog grooming includes both hygienic maintenance and cleaning of a dog as well as a procedure to improve a dog's physical appearance for competition or exhibition. A person who grooms dogs for a living is known as a dog groomer (or simply "groomer").
A dog's health and well-being can be improved by grooming, which is essential for both. Breed, age, and health all have a role in how much grooming a dog requires. The dog's comfort and health are ensured by routine grooming.
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Economics is the study of how evenly goods and services are distributed within society. True or false?.
The statement is FALSE; economics is NOT the study of how evenly goods and services are distributed within society.
Given that a society includes diverse classes, goods and services distributed within it must be effective and not equally or evenly dispersed.
Hence, economics actually focuses more on the efficiency of distribution of the resources rather than equality.
Economics is the study of the sectors of the economy that generate wealth in a community. Be aware that when we talk about wealth, we don't just mean material riches. Social wealth is generated via the creation of the commodities and services that people use every day.
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To produce x units of a religious medal costs C(x)=18x+32. The revenue is R(x)=26x. Both cost and revenue are in dollars. a. Find the break-even quantity. b. Find the profit from 250 units. c. Find the number of units that must be produced for a profit of $80.
The number of units that must be produced for a profit of $80 is 14 units. To find the break-even quantity, we need to determine the point at which the revenue equals the cost. In other words, we need to find the value of x where R(x) = C(x).
Given:
Cost function: C(x) = 18x + 32
Revenue function: R(x) = 26x
a. Break-even quantity:
To find the break-even quantity, we set R(x) equal to C(x) and solve for x:
26x = 18x + 32
Simplifying the equation, we get:
8x = 32
Dividing both sides by 8, we find:
x = 4
Therefore, the break-even quantity is 4 units.
b. Profit from 250 units:
To find the profit from 250 units, we need to subtract the cost from the revenue at that quantity:
Revenue at 250 units: R(250) = 26 * 250
Cost at 250 units: C(250) = 18 * 250 + 32
Profit = Revenue - Cost
Profit = R(250) - C(250)
Calculate the revenue and cost at 250 units, and then subtract the cost from the revenue to find the profit.
c. Number of units for a profit of $80:
To find the number of units that must be produced for a profit of $80, we set the profit equation equal to $80 and solve for x:
Profit = R(x) - C(x)
$80 = 26x - (18x + 32)
Simplifying the equation, we get:
80 = 8x - 32
Adding 32 to both sides, we find:
112 = 8x
Dividing both sides by 8, we get:
x = 14
Therefore, the number of units that must be produced for a profit of $80 is 14 units.
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Providing managers with increased visibility of the entire logistics process so that they can improve the efficiency of the entire system is the primary function of any ___ system.
The primary function of supply chain management system is to provide the managers with increased visibility of the entire logistics process so that they can improve the efficiency.
What is the supply chain management?In a firm, the supply chain management refers to an operational section that manages the flow of goods, services, tasks and processes that take place from the input of raw materials to the output.
In conclusion, the primary function of any supply chain management system is to provide the managers with increased visibility of the logistics process.
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what is a security deposit?
If the population of a country is 1,000,000 people, its labor force consists of 500,000, and 40,000 people are unemployed, the unemployment rate is:
Answer:
8.0 percent
Explanation:
To find the unemployment rate you:
Divide the number of people unemployed by the number of people in labor force (Employed and Unemployed)Then, multiply the number by 100Hope this Helps
which of the following statements is true about the relationship between business processes and information systems? group of answer choices information systems incorporate all business process activities and hence, should be developed before business processes. the relationship between business processes and information systems is one-to-one. developing information systems before business processes ensures that all activities are considered in the development process. a business process need not relate to any information system, but an information system relates to at least one business process.
A business process need not relate to any information system, but an information system relates to at least one business process, this statements is true about the relationship between business processes and information systems.
A business process is a logically related sequence of actions that specify how particular business tasks are carried out. It is a distinctive method of coordinating work, information, and knowledge inside an organization. Business processes are important for managers to be aware of since they affect how well a firm can conduct its operations and could provide a competitive edge. Each of the main business functions has its own unique business processes, but many of them are cross-functional. Information systems assist firms restructure and streamline business operations by automating certain of these procedures.
The official organizational division in charge of information technology services is the information systems department. It is in charge of maintaining the networks, data storage, hardware, and software that make up the company's IT infrastructure. The department is often led by a CIO and is made up of professionals including programmers, systems analysts, project managers, and information systems managers.
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Ivan has inherited his grandmother’s 1963 Chevrolet Corvette, which he values at $45,000. He decides that he might be willing to sell it so he posts it on Craigslist for $55,000. Samantha is interested and willing to pay up to $72,000. Would Ivan and Samantha want to voluntarily engage in trade? How much economic surplus is created for both of them as a result of this exchange? What is the total economic surplus?
Ivan will receive $55,000. Ivan's cost: $45,000 in car benefits. Benefit to Samantha: Willing to pay $72,000. Cost of Samantha: $55,000. Both would consent to the conversation.
What is an example of expense in business?A business must pay a cost in order to supply a product or a service to its clients. These costs include of items like investments for equipment replacement and storefront rent.
What advantages does cost have for business?Making informed business decisions requires having a clear understanding of your expenses. It helps you determine how to set prices and how effective your company is. But precise costing is challenging. The competitive advantage that one business can obtain over another by lowering manufacturing or marketing expenses, or both, in order to provide lower pricing or to use surplus earnings to support promotion or distribution.
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A product's demand in each period follows a Normal distribution with mean 50 and standard deviation 6. The order up to level S is 225. Lead time is 3 periods. What is the Expected On hand Inventory ? Show all formulas used, calculations and results
What is the stock out probability ? Show all calculations, formulas used and results.
The stock-out probability is almost 1 (or 100%).
Given,Mean demand (D) = 50
Standard deviation (σ) = 6
Order up to level (S) = 225 Lead time (LT) = 3 periods
To calculate the Expected On-hand Inventory (EOI)Formula used:
EOI = S - (D × LT) Where S = Order up to level D = Mean demand LT = Lead time
Substitute the given values in the formula EOI = 225 - (50 × 3) = 225 - 150 = 75
Therefore, the Expected On-hand Inventory is 75.
To calculate the Stock-out probability Formula used: Z = (S - D × LT) / σ
Where Z = z-value S = Order up to level D = Mean demand LT = Lead time σ = Standard deviation
Substitute the given values in the formula Z = (S - D × LT) / σZ = (225 - 50 × 3) / 6 = 75 / 6 = 12.5
Hence, the z-value is 12.5.
From the z-table, the probability for z = 12.5 is almost 1.
Therefore, the stock-out probability is almost 1 (or 100%).Expected On-hand Inventory = 75Stock-out probability = almost 1 (or 100%)
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Which is a possible benefit of having a good credit history?
getting a high interest rate on a credit card offer
obtaining a low interest rate on a loan
obtaining a savings account
having a paycheck garnished
Answer:
Your borrowing capacity is based on your income and your credit score. One of the benefits of having a good credit score is that banks are willing to let you borrow more money because you’ve demonstrated that you pay back what you borrow on time.
Explanation:
Answer:
B.
Explanation:
edge2021
What is not a career cluster
Answer: A pathway?
Explanation: Pathways aren't career clusters because they branch off of career clusters. Examples of pathways include but aren't limited to interior designers, chefs, photographers, etc. Career clusters include Finance, Health Science, etc, and have many possible career options.
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Harper has shown promise, and her manager has suggested that she be paired up with another experienced professional for faster skill development.
What coaching method does the manager use in Harper’s case?
is the training technique that Harper’s manager is using. In this technique, Harper will work with an experienced and already trained employee to develop her skills faster.
Answer:
i’m pretty sure it’s mentoring
Explanation:
plato
Answer:
Shadowing answer on plato
Explanation:
Match each example of a study to the type of method used. researchers develop a survey and ask the same questions to 40,000 randomly selected people. researchers interview or survey the same 1,000 families every 5 years over a 40-year period. researchers conduct long interviews with open-ended questions with 40 couples. researchers observed 15 families in their homes over a period of 1 year. researchers survey family members on how many hours per week they spend doing various tasks or ask them to keep a diary of what they do every 30 minutes over an entire day over a period of a week.
Answer:
1. Researchers develop a survey and ask the same questions to 40,000 randomly selected people. - Sample Survey
Sample surveys involve using a subset of the population that is randomly selected as the basis for the research.
2. Researchers interview or survey the same 1,000 families every 5 years over a 40-year period. - Longitudinal survey
In a Longitudinal survey, participants are observed and studied at regular intervals over a period of time which can either be long or short term.
3. Researchers conduct long interviews with open-ended questions with 40 couples. - In-depth Interviews
In-depth interviews aim to find out as much on a topic as possible and as such can take some time to complete. Questions are usually open ended so subjects can express themselves fully.
4. Researchers observed 15 families in their homes over a period of 1 year. - Observation
Observational study involves observing the subjects often in their natural settings.
5. Researchers survey family members on how many hours per week they spend doing various tasks or ask them to keep a diary of what they do every 30 minutes over an entire day over a period of a week. - Time use studies.
Time use studies are studies on the way people spend their time which is what the researchers here hope to find out.
Jamal and keisha are considering entering into an agreement to trade tasks. how can specialization of labor benefit jamal and keisha? check all that apply. jamal can specialize in washing cars, because he has the comparative advantage. keisha can specialize in washing cars, because she has the comparative advantage. specialization allows them to collectively mow 3 more lawns and wash 3 more cars every three days. specialization allows them to collectively mow 12 more lawns and wash 27 more cars every three days. specialization allows them to earn more money.
The ways in which specialization of labor can benefit them would be: Keisha can specialize in washing cars because she has a comparative advantage.
What is Specialization of Labor?Specialization of Labor is a division of labor that involves breaking down activities into a simpler set of tasks so that each participant participates hand in hand and no individual is being overworked, and to promote efficiency.
From the given information, the correct options are:
Keisha can specialize in washing cars because she has a comparative advantage.Specialization allows them to collectively mow 3 more lawns and wash 3 more cars every three days.Specialization allows them to earn more money.Learn more about specialization here:
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Answer:
B C E
Explanation:
Suppose that you are interested in determining the average height of a person in a large city. You begin by collecting the heights of a random sample of 100 people from the city. The average height of your sample is 69 inches, while the standard deviation of the heights in your sample is 5 inches. The standard error of your estimate of the average height in the city is 0.5 âœ" Points: 1/1 Explanation: Close Explanation Statisticians use various methods of measuring the uncertainty and reliability of parameter estimates. One of these measures is the standard error of a sample mean, which is computed as the standard deviation of the sample divided by the square root of the sample size. In this case, since the standard deviation of the sample is 5 inches and the sample size is 100, the standard error of your sample mean is b =0.5. 5 100 A useful rule of thumb is that the true value of the parameter lies within the range of two standard errors on either side of the parameter estimate, 95 percent of the time. In this case, this means that the true average height of people in the city lies between 69 - (2 x 0.5) and 69+(2 x 0.5) inches, with 95 percent certainty. STEP: 2 of 2 The measure of standard error can also be applied to the parameter estimates resulting from linear regressions. For example, consider the following linear regression equation that describes the relationship between education and wage: WAGE} = Bo + B, EDUC; + Ei where WAGE; is the hourly wage of person i i.e., any specific person) and EDUC, is the number of years of education for that same person. The residual &; encompasses other factors that influence wage, and is assumed to be uncorrelated with education and have a mean of zero. Suppose that after collecting a cross-sectional data set, you run an OLS regression to obtain the following parameter estimates: WAGE; = -11.1+ 6.4 EDUC; and . As the number of observations If the standard error of the estimate of B1 is 1.19, then the true value of B, lies between in a data set grows, you would expect this range to in size. Suppose that after collecting a cross-sectional data set, you run an OLS regression to obt pllowing 5.805 4.02 WAGE; = -11.1+6.4 EDUC; 5.21 4.615 and If the standard error of the estimate of B1 is 1.19, then the true value of B1 lies between in a data set grows, you would expect this range to in size and . As the number of observations lue of B1 lies between in size. 8.78 6.995 Grade Final Step (to complete this step and unlock the next step) 7.59 If the standard error of the estimate of B1 is 1.19, then the true value of Bi lie in a data set grows, you would expect this range to in size. increase TOTAL SCORE: 1/2 decrease
The sample size is small, standard errors are larger than when the sample size is large.
The given standard error is 1.19.
The true value of B1 lies between 6.995 - (2 x 1.19) and 6.995 + (2 x 1.19).
So, the true value of B1 lies between 4.605 and 9.385 in a data set grows, you would expect this range to increase in size.
As the number of observations in a data set grows, you would expect this range to increase in size.
As sample size increases, standard error also increases.
When the sample size is small, standard errors are larger than when the sample size is large.
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create a filing system using alphabetical. The system must include:
. at least 5 folders
- a cross reference sheet
- an outguide/outsheet
An alphabetical filing system is a commonly used method for organizing and accessing paper documents.
The system is easy to use, cost-effective, and efficient. To set up an alphabetical filing system, follow these steps: Sort your documents by name or subject, using the first letter of each name or subject as the starting point. Create a set of alphabetical dividers or folders for each letter of the alphabet. Label each divider or folder with the corresponding letter of the alphabet. Place your documents in the appropriate folder based on the first letter of the name or subject. Create a cross-reference sheet that lists the contents of each folder or divider for easy reference. Use an outguide or outsheet to mark the location of documents that are checked out or in use, to prevent others from accessing them while they are being used. To maintain the system, periodically review the contents of each folder or divider, and update the cross-reference sheet accordingly. An alphabetical filing system is easy to use and allows for quick and efficient access to your documents. By creating a cross-reference sheet and using an outguide, you can further streamline the process and ensure that your documents are organized and accessible at all times.
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.A manufacturing business has purchases of raw materials of $4,500, closing inventory of $1,400 and opening inventory of $800. What is the cost of raw materials used in production?
Answer:
Cost of raw materials used = $5,100
Explanation:
Given:
Purchases of raw materials = $4,500
Closing inventory = $1,400
Opening inventory = $800
Find:
Cost of raw materials used
Computation:
Cost of raw materials used = Opening inventory + Purchases of raw materials - Closing inventory
Cost of raw materials used = 1,400 + 4,500 - 800
Cost of raw materials used = $5,100
what is measured by the level of real gdp divided by hours worked over that year? a.productivity for a given year. b.growth rate of real gdp. c.nominal gdp per person. d.real gdp per person.
b.growth rate of real gdp is measured by the level of real gdp divided by hours worked over that year.
Gross domestic product is a financial degree of the market fee of all the very last goods and services produced and offered in a particular time period via international locations. due to its complicated and subjective nature this measure is often revised earlier than being considered a dependable indicator.
GDP measures the financial value of very last items and offerings—that is, the ones that are sold by means of the very last consumer—produced in a country in a given time frame (say 1 / 4 or a yr). It counts all of the output generated inside the borders of a rustic
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A good time to observe the dress code to prepare for your first day is during
a your interview
b. your second day
your Orientation
d the weekend
A good time to observe the dress code to prepare for your first day is during an interview. Thus, option A is correct.
What is interview?A planned interaction in which one party asks questions and the other responses is known as an interview. A one-on-one conversation between an interviewer and an interviewee is referred to as a "interview" in everyday speech.
In general, the individual should dress professionally or in business clothes for a job interview. The interview is a dialogue in which you and your prospective employer exchange information.
Therefore, it can be concluded that During an interview is a wonderful opportunity to review the dress code in order to get ready for your first day. Therefore, choice A is correct.
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How can a business best increase traffic to its e-commerce site?
There are several ways that a business can increase traffic to its e-commerce site.
First, investing in search engine optimization (SEO) can help the site rank higher in search engine results pages, making it more visible to potential customers. This can include optimizing website content, meta tags, and building quality backlinks. Second, investing in paid advertising through platforms such as or social media advertising can also drive traffic to the site. By targeting specific demographics and keywords, businesses can reach their ideal audience and attract potential customers. Third, utilizing social media platforms and email marketing can also help drive traffic to the site. By regularly posting engaging content and promoting products through social media channels, businesses can attract potential customers and build brand awareness. Finally, offering promotions and discounts can also be an effective way to attract new customers and drive traffic to the site. This can include offering free shipping or a percentage off the first purchase to incentivize customers to shop on the site. Overall, a combination of these tactics can help a business best increase traffic to its e-commerce site.
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The daily demand for parts made at machining workcell JMB is 1600 units. The average processing time is 25 seconds per unit. A container spends, on average, six hours waiting at JMB before it is processed. Each container holds 250 parts. Currently 10 containers are being used for the part.
a.What percent safety margin of stock is being carried?
b.If you wanted to retain this safety margin, but remove one container, to what value must the waiting time be reduced?
c.What would happen if the demand for parts increased to 1900 with K = 10?
The amount of stock available (total stock) to the daily demand. The difference between the two represents the safety margin, which indicates the extra stock or buffer available to meet unexpected increases in demand or production disruptions.
The percent safety margin of stock can be calculated using the formula:\(\[ \text{Safety Margin} = \left( \frac{\text{Total Stock} - \text{Daily Demand}}{\text{Total Stock}} \right) \times 100\% \]\)
Given that each container holds 250 parts and there are currently 10 containers, the total stock is \(\(10 \times 250 = 2500\)\) parts. The daily demand for parts is 1600 units. Plugging these values into the formula:
\(\[ \text{Safety Margin} = \left( \frac{2500 - 1600}{2500} \right) \times 100\% \approx 36\% \]\)
Therefore, a 36% safety margin of stock is being carried.
To retain the same safety margin while removing one container, we need to calculate the new waiting time. Let's denote the new waiting time as \(W\).\(\[ \text{New Waiting Time} = \left( \frac{\text{Total Stock} - (\text{Daily Demand} \times \text{Processing Time})}{\text{Containers} - 1} \right) / \text{Daily Demand} \]\)
Given that the total stock is\(\(10 \times 250 = 2500\)\) parts, the daily demand is 1600 units, and the processing time is 25 seconds per unit:
\(\[ \text{New Waiting Time} = \left( \frac{2500 - (1600 \times 25)}{10 - 1} \right) / 1600 \approx 1.79 \text{ seconds} \]\)
Therefore, the waiting time must be reduced to approximately 1.79 seconds to retain the desired safety margin.
. The equation for calculating the number of containers required \((\(C\))\)when the demand for parts increased to 1900 units with \(\(K = 10\)\) is:
\(\[ \text{Containers} = \lceil \frac{\text{Demand}}{K \times \text{Parts per Container}} \rceil \]\)
Given that the demand for parts is 1900 units and \(\(K = 10\)\), and each container holds 250 parts:
\(\[ \text{Containers} = \lceil \frac{1900}{10 \times 250} \rceil = \lceil 0.76 \rceil = 1 \]\)
If the demand for parts increased to 1900 with \(\(K = 10\),\) only one container would be needed.
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Tax Structure 1
Family
A
B
C
Income
$10,000
$50,000
$100,000
Tax amount
2,000
2,000
2,000
% of income paid as
tax
[a]
[b]
[C]
The percentage of income paid as tax for A is 20%.
The percentage of income paid as tax for B is 4%.
The percentage of income paid as tax for C is 2%.
What is tax?A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national).
The percentage of income paid as tax for A is:
= 2000/10000 × 100
= 20%.
The percentage of income paid as tax for B is 4%.
The percentage of income paid as tax for C is 2%.
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Vasudevan Inc. recently reported operating income of $2.90 million, depreciation of $1.20 million, and had a tax rate of 40%. The firm's expenditures on fixed assets and net operating working capital totaled $0.6 million. How much was its free cash flow, in millions?
Answer:
2.34 million
Explanation:
Vasudevan incorporation reported an operating income of $2.90 million
The depreciation is $1.20 million
The tax rate is 40%
= 40/100
= 0.4
The firm's expenditure on fixed assets and net operating working capital is $0.6 million
Therefore, the free cash flow can be calculated as follows
Free cash flow= operating profit-tax+depreciation-expenditure
= 2.90-(2.90×0.4)+1.20-0.6
= 2.90-1.16+1.20-0.6
= 2.34
Hence the free cash flow is 2.34 million
What did Marx think was the source of all value in the economy?Why is a monopoly considered inefficient by economists?How do banks lower transactions costs in the economy? What is the asset-liability time mismatch for banks? How is this related to reserves?
Marx believed that the source of all value in the economy was the labor put into producing a good or service. He argued that workers were being exploited by capitalists who paid them less than the value they added to the product.
A monopoly is considered inefficient by economists because it eliminates competition, allowing the company to set prices higher than they would be in a competitive market. This can lead to a decrease in overall economic welfare as consumers are forced to pay higher prices for goods and services.
Banks lower transaction costs in the economy by providing a convenient way for people to store and transfer money. This reduces the need for people to carry large amounts of cash, which can be costly and unsafe. Banks also provide services like check writing and electronic funds transfers, which can be faster and more efficient than traditional methods of payment.
The asset-liability time mismatch for banks refers to the fact that banks typically borrow short-term funds (like deposits) to make long-term loans (like mortgages). This can create a risk that the bank will not have enough funds to meet its obligations if many depositors withdraw their money at once. To manage this risk, banks hold reserves (cash or other liquid assets) to ensure they can meet their obligations.
Overall, banks play an important role in the economy by providing a safe and convenient way for people to store and transfer money, but they also face risks related to the asset-liability time mismatch and must manage their reserves carefully to ensure they can meet their obligations.
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Which of the following is a case of brand cannibalization?
A. A tea manufacturer introduces a new brand of tea that eats into the sales of an existing brand of another manufacturer.
B. A tea manufacturer introduces a new but inferior brand of tea to promote the sales of an existing tea brand in its product mix.
C. A tea manufacturer introduces a new brand of tea that eats into the sales of an existing tea brand in its product mix.
D. A tea manufacturer introduces a new brand of tea that has the unintended result of promoting the sales of an existing brand of another manufacturer.
Answer: C. A tea manufacturer introduces a new brand of tea that eats into the sales of an existing tea brand in its product mix.
Explanation: