Answer:
B
The decrease in interest rates will likely discourage foreign investment in the nation’s currency and lead to a devaluation.
Explanation:
USA Test prep
3.
The distinction between a managerial position and a non
managerial position is
a) planning the work of others
b) coordinating the work of others
c) controlling the work of others
d) organizing the work of others
Answer:
c) controlling the work of others.
Explanation:
Africanisation (how will you incorporate the learners culture or heritage into the contemporary socio-economic issues lesson
By incorporating culturally relevant examples, guest speakers, local data, cross-cultural comparisons, a multilingual approach, and artistic expressions, we can incorporate learners' culture or heritage into the contemporary socio-economic issues lesson.
To incorporate the learners' culture or heritage into a contemporary socio-economic issues lesson, it is important to create a culturally responsive and inclusive learning environment that recognizes and values the African context. Here are some strategies to achieve this:
Culturally Relevant Examples: Use examples and case studies from African countries or communities that relate to the socio-economic issues being discussed. This helps students connect with the content on a personal and cultural level, fostering engagement and understanding.
Guest Speakers and Community Involvement: Invite guest speakers from diverse African backgrounds who can share their experiences and perspectives on the socio-economic issues being studied. This provides authentic and firsthand insights into how these issues manifest in different African contexts.
Local Data and Research: Incorporate local data and research from African sources to illustrate the impact of socio-economic issues. This helps students see the relevance of these issues within their own communities and promotes a sense of ownership and empowerment.
Cross-Cultural Comparisons: Encourage students to explore and compare socio-economic issues between African countries, as well as with other regions of the world. This broadens their perspective, promotes critical thinking, and encourages understanding of global interconnections.
Multilingual Approach: Recognize and embrace the diversity of languages spoken by students. Incorporate key terms, discussions, and resources in various African languages, ensuring that students can engage with the content in their native languages and feel valued.
Art, Music, and Literature: Incorporate African art, music, and literature that address socio-economic issues. This helps students explore these topics through creative expressions that resonate with their cultural heritage.
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which is the best definition of the purpose of a business?
Answer:
The purpose of a business is to offer value (through products and/or services) to customers, who pay for the value with cash or equivalents.
It could also mean that people who create businesses want to sell their products to make money.
Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.9 customers arrive each hour. One design consultant is available to answer customer questions and make product recommendations. The consultant averages 10 minutes with each customer.
A. Compute the operating characteristics of the customer waiting line, assuming Poisson arrivals and exponential service times. If required, round your answers to four decimal places.
Lq =
L =
Wq = hours
W = hours
Pw =
B. Service goals dictate that an arriving customer should not wait for service more than an average of 6 minutes. Is this goal being met? If not, what action do you recommend? Yes or No
C. If the consultant can reduce the average time spent per customer to 8 minutes, what is the mean service rate? If required, round your answer to one decimal place.
------ customer per hour
Will the service goal be met? Yes or No
A. Operating characteristics:
Lq ≈ 0.5017, L ≈ 0.9377, Wq ≈ 0.1730 hours, W ≈ 0.5063 hours, Pw ≈ 0.4833
B. Service goal: Not met. Action recommended.
C. Mean service rate: 7.5 customers/hour.
If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes).
A. To compute the operating characteristics of the customer waiting line:
Arrival rate (λ) = 2.9 customers/hour
Service rate (μ) = 60 minutes / 10 minutes per customer = 6 customers/hour
Average number of customers in the queue (Lq):
Lq = (λ^2) / (μ * (μ - λ)) ≈ 0.5017
Average number of customers in the system (L):
L = λ / (μ - λ) ≈ 0.9377
Average waiting time in the queue (Wq):
Wq = Lq / λ ≈ 0.1730 hours (approximately 10.38 minutes)
Average waiting time in the system (W):
W = Wq + (1 / μ) ≈ 0.5063 hours (approximately 30.38 minutes)
Probability of a customer waiting in the queue (Pw):
Pw = λ / μ ≈ 0.4833
B. The service goal is that an arriving customer should not wait for service more than an average of 6 minutes. However, the average waiting time in the system (W) is approximately 30.38 minutes, exceeding the goal. Therefore, the service goal is not being met.
Action recommendation: To meet the service goal, I would recommend taking the following actions:
Increase staffing: Hire additional design consultants to handle customer questions and product recommendations.
Improve efficiency: Streamline processes and provide training to the consultant to reduce the time spent with each customer.
Appointment scheduling: Implement a system for customers to schedule appointments, ensuring dedicated time slots for each customer and minimizing waiting times.
Self-service options: Provide self-service resources or online tools where customers can access basic information and make preliminary decisions, reducing the need for extensive consultations.
C. If the consultant can reduce the average time spent per customer to 8 minutes, the mean service rate can be calculated as follows:
Mean service rate (μ) = 60 minutes / 8 minutes per customer ≈ 7.5 customers/hour
Will the service goal be met? Yes
If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes). This is less than the service goal of 6 minutes, so the goal will be met.
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What is the term for the type of market test that involves selecting an area of the country as a representative sample of the nation's demographics to try out a new product?
Test marketing is the term for the type of market test that involves selecting an area of the country as a representative sample of the nation's demographics to try out a new product.
What is the name of market research in science?A product or marketing campaign is made restrictedly accessible to test markets before being made widely available to measure consumer response. It's crucial to keep in mind that consumers of the product or target audience for the marketing initiative could unintentionally act as test subjects.
What are some sales forecasting test marketing techniques?Test-marketing analysis is regarded by many businesses as the most accurate way to predict future sales. It entails introducing a good or service to a certain target market or demography depending on your market segmentation. Organizations can then see how the product is received by customers and how it sells.
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Gordon and Lisa estimate that they will need $1,875,000 in 40 years for their retirement fund. If they can earn
7% annually on their funds, how much do they need to save annually? (Round to ne nearest whole dollar.)
$7,238
O $7,987
O $8,103
O $9,392
O $9,875
Based on the amount that Gordon and Lisa will needed in 40 years, and the rate earned on their funds, they need to save $9,392.
How much should Gordon and Lisa save?The amount is an annuity because it is constant. The $1,875,000 will be the future value of that annuity.
The formula is:
Future value of annuity = Amount x ( ( 1 + rate) ^ number of periods - 1) / rate
Solving gives:
1,875,000 = Amount x ( ( 1 + 7%)⁴⁰ - 1) / 7%
1,875,000 = Amount x 199.6351
Amount = 1,875,000 / 199.6351
= $9,392
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1. The executive summary of a project report shall concentrate on a: Major project inputs and outputs: b. The degree of reliability of the data c. The margin of error in terms of uncertainty and risk The project design c/ All of the following
All the given options are part of the project management that happens in the company or a firm.
What is an executive summary of a project?An executive summary in the project the executives is a synopsis of the most basic data of your undertaking proposition. It's beginning and end that administration has to know when they land on your undertaking before they audit venture plan.
The management included "triangle" of extension, time, and cost has been illuminating undertakings starting from the primary colleague employed to achieve a task. In the essential arrangement of a triple limitation, one of three components can oblige an undertaking.
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PLATO
Type the correct answer in the box. Spell all words correctly.
Which C of the four Cs of marketing relates to the place element of the marketing mix?
The element of the four Cs relates to the place element of the marketing mix.
The C of the four Cs of marketing relates to the place element of the marketing mix is "Convenience."
What is Convenience in marketing mix?Convenience refers to the ease and accessibility with which customers can obtain a product or service. In the context of the marketing mix, the place element focuses on making products available to the target market in the right locations at the right time. It involves decisions related to distribution channels, logistics, and the physical availability of products or services.
Convenience is an essential factor in customer decision-making. If a product or service is conveniently located and easily accessible, it enhances the overall customer experience and increases the likelihood of purchase.
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Mr. D is the manager of a local walgreens. His biggest concern is to make sure that his store is always making the most profit possible. He cuts costs by focusing on certain logistical decisions. Every other day walgreens receives shipments from pepsi, evian, hershey, and numerous other manufacturers. Walgreens insists on small shipments every two days, which helps to keep their inventory costs low. What system is mr. D using at walgreens to reduce his costs?.
The system is mr. D using at walgreens to reduce his costs is just in time inventory.
What is just in time inventory?JIT, or just-in-time inventory management, involves only ordering products from vendors when they are actually needed. This approach's primary goals are to lower the cost of keeping inventory and boost inventory turnover.With a just-in-time (JIT) inventory system, a business receives products as close as feasible to the moment they are actually required. As a result, if an auto assembly facility wants to install airbags, it doesn't maintain a supply on hand; instead, it gets them as the cars are put together.In conclusion. When used properly, JIT inventory can be a terrific method to reduce costs and boost productivity.
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What misconceptions should Juanita correct during her meeting with Bill?
Misconceptions should Juanita correct during her meeting with Bill are - The misconception that a low stock price indicates a bad investment, The misconception that diversification is unnecessary, The misconception that investing in individual stocks is the only way to invest.
1. The misconception that a low stock price indicates a bad investment: Bill seems to believe that because the company's stock price is low, it must be a bad investment. However, stock price alone does not indicate the quality of an investment. There could be many factors affecting the stock price, such as market conditions or industry trends. Juanita should explain to Bill that it is important to look beyond the stock price and evaluate the company's financials and fundamentals before making an investment decision.
2. The misconception that diversification is unnecessary: Bill seems to believe that investing in only a few companies is sufficient and diversification is unnecessary. However, investing in only a few companies can expose an investor to significant unsystematic risk, which can be mitigated by diversification. Juanita should explain to Bill the benefits of diversification, including reducing risk and potentially increasing returns.
3. The misconception that investing in individual stocks is the only way to invest: Bill seems to believe that investing in individual stocks is the only way to invest. However, there are many other investment options available, such as mutual funds, exchange-traded funds (ETFs), and index funds. Juanita should explain to Bill the different investment options available and help him identify which option is best suited to his investment goals and risk tolerance.
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A body of the letter is composed of the:
Answer: Introduction, supporting details, and conclusion.
Answer:
Introduction, supporting details, and conclusion.
Explanation:
What mode of logic uses a set of rules to formulate an argument?
A.Formal logic
B.Socratic logic
C.Reflective logic
D.Empirical logic
Which of the following is not true regarding continuous improvement? A. It applies to both service and manufacturing companies. B. It is used to reduce performance costs. C. It rejects the idea of “good enough.” D. It can be applied only to improve processes and products but not services and practices.
The statement that is not true is D. It can be applied only to improve processes and products but not services and practices.
What is Service Organization?A service organization is an organization that offers its services rather than the products usually sold by manufacturing companies and resellers.
In a service organization the most large expense is the human cost also known as the salaries.
If it is a service or manufacturing company, the process can be improved for production of goods and the practice can also be improved.
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Using the service blueprint, make a list of all the potential key service failure points and the associated customer expectations. For example a service failure point with expectations is: check-in should be fast and hassle free. You should find 10 to 15 service failure points.
Using a service blueprint, a list of potential key service failure points and their associated customer expectations would depend on the industry and the customer preference.
What are some potential key service failure points ?Some general key service failure points would include:
Check-in should be fast and hassle-free.Staff should be knowledgeable and able to provide accurate information.Service should be delivered within the promised timeframe.Billing and payment processes should be transparent and error-free.Facilities should be clean, well-maintained, and comfortable.Communication should be clear and timely, keeping customers informed about any delays or changes.Staff should be friendly, courteous, and attentive to customer needs.Resolving complaints and addressing issues should be handled promptly and effectively.Product or service quality should meet or exceed customer expectations.Personal data and privacy should be protected and kept secure.Service should be personalized and tailored to individual customer preferences when possible.Any service disruptions or interruptions should be minimized and resolved quickly.Accessibility should be ensured for customers with special needs or disabilities.Service recovery actions should be proactive and designed to restore customer satisfaction after a service failure.Any additional fees or charges should be clearly communicated upfront to avoid surprises.Find out more on service points at https://brainly.com/question/15580877
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How could the culture of Noor Bank be considered a strong culture.
Answer:
Explanation:
The culture of Noor Bank can be considered a strong culture for several reasons:
Shared values and beliefs: Noor Bank has a clearly defined set of values and beliefs that are shared among its employees. These include customer focus, integrity, teamwork, and innovation. This shared sense of purpose and identity helps to unify employees and guide their actions and decisions.
Consistency: Noor Bank's culture is consistent across all levels of the organization. From the CEO to the front-line staff, everyone is expected to adhere to the same set of values and behaviours. This consistency helps to create a sense of trust and reliability among customers and stakeholders.
Employee engagement: Noor Bank actively engages with its employees to foster a strong culture. This includes regular training and development programs, team-building activities, and opportunities for feedback and communication. Employees feel valued and supported, which helps to increase their commitment to the organization.
Adaptability: Despite its strong culture, Noor Bank is also adaptable and responsive to changes in the business environment. The bank encourages innovation and is willing to take risks in pursuit of new opportunities. This flexibility helps to keep the culture fresh and relevant, while still maintaining a strong sense of identity.
Overall, the strong culture of Noor Bank helps to create a cohesive and unified organization that is focused on serving its customers and achieving its goals. This culture is based on shared values and beliefs, consistency, employee engagement, and adaptability, all of which contribute to the bank's success.
Sean works in San Jose, California, but her teammates work in Israel, Germany, and India. Together, they create coding GPS systems. Seans for part of 
Together, they create coding for GPS systems. Alex is part of global team. The Option C.
What type of team does Alex belong to?Alex is part of a global team, where her teammates are located in different countries like Israel, Germany, and India. This type of team structure allows them to collaborate and create coding for GPS systems while being geographically dispersed.
These global teams leverage diverse perspectives and skills from various regions contributing to a rich and innovative work environment.
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Kim is trying to decide whether she can afford a loan she needs in order to go to chiropractic school. Right now Kim is living at home and works in a shoe store, earning a gross income of $1,070 per month. Her employer deduct $210 for taxes from her monthly pay. Kim also pays $128 on several credit card debts each month. The loan she needs for chiropractic school will cost an additional $85 per month. Help Kim make her decision by calculating her debt payments-to-income ratio with and without the college loan. (Remember the 20 percent rule.)
Answer:
Even with the student loan, Kim's debt to income ratio is lower than 20%, so she should get the loan and attend chiropractic school.
Explanation:
debt to income ratio = total debt payments / total gross income
debt to income ratio without student loan = $128 / $1,070 = 11.96%
debt to income ratio with student loan = ($128 + $85) / $1,070 = 19.91%
work i Troy Engines, Limited, manufactures a variety of engines for use in heavy equipment. The company has always necessary parts for its engines, including all of the carburetors. An outside supplier has offered to sell one type Engines, Limited, for a cost of $32 per unit. To evaluate this offer, Troy Engines, Limited, has gathered the follow to its own cost of producing the carburetor internally: 17,000 Units per Year $ 238,000 136,000 Variable manufacturing overhead 51,000 Fixed manufacturing overhead, traceable 51,000 Fixed manufacturing overhead, allocated 102,000 Total cost $34 $ 578,000 *One-third supervisory salaries; two-thirds depreciation of special equipment (no resale value). Direct materials Direct labor Per Unit $ 14 8 3 3* 6 Required: 1. Assuming the company has no alternative use for the facilities that are now being used to produce the carburet the financial advantage (disadvantage) of buying 17,000 carburetors from the outside supplier? 2. Should the outside supplier's offer be accepted? 3. Suppose that if the carburetors were purchased, Troy Engines, Limited, could use the freed capacity to launch a segment margin of the new product would be $170,000 per year. Given this new assumption, what would be the fi (disadvantage) of buying 17,000 carburetors from the outside supplier? 4. Given the new assumption in requirement 3, should the outside supplier's offer be accepted? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Saved Required 4 Assuming the company has no alternative use for the facilities that are now being used to produce the carburetors, what would be the financial advantage (disadvantage) of buying 17,000 carburetors from the outside supplier? Required 2 >
Buying carburetors from the outside supplier would give a financial advantage of $442,000. The outside suppliers offer should be accepted. Buying 17,000 carburetors from the outside supplier would give a financial disadvantage of $98,000. The outide suppliers offer should still be accepted.
How to determine the finanacial advantage of buying the carburetor1. Assuming the company has no other ue for it's facilities utilized to create carburetors, the financial advantage of buying 17,000 carburetors from the exterior provider would be $442,000 ($578,000 - $136,000).
2. Yes, the exterior supplier's offer ought to be acknowledged since it gives a financial advantage.
3. Considering the liberated capacity and the dispatch of an unused item with a section edge of $170,000 per year, the financial disadvantage of buying 17,000 carburetors from the exterior provider would be $98,000 ($442,000 - $170,000 - $274,000).
4. Given the unused presumption, the exterior supplier's offer ought to still be acknowledged in spite of the financial advantage
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A regular checking account commonly earns interest true or false
Answer: False
Explanation: Traditionally, checking accounts are not interest-bearing accounts as savings accounts are, as they're designed for short-term cash that you'll spend soon. Savings accounts are better-known for earning interest, but these accounts ordinarily limit how often you can make certain withdrawals from the account.
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All of the following statements regarding the career agency distribution system are correct except
All of the aforementioned statements regarding the career agency distribution system are correct except: Personal producing general agents (PPGAs) are commonly hired to manage career agencies.
What is an agency?An agency can be defined as the ability of an individual to identify valued goals, priorities and desired outcomes, so as to enhance the purposeful pursuit of those goals and desired outcomes proactively, efficiently and effectively.
What is a career agency distribution system?A career agency distribution system can be defined as a type of distribution system that typically involves an insurance company making use of its own commissioned agents, in order to sell and deliver insurance policies.
In conclusion, a career agency distribution system is the most common system that is used for distributing individual life insurance products.
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Complete Question:
All of the following statements regarding the career agency distribution system are correct EXCEPT:
It uses agents who primarily if not exclusively represent one insurer.
Personal producing general agents (PPGAs) are commonly hired to manage career agencies.
There are two types, the general agency system and the managerial system.
The managerial form of career agency system uses company employees as the agency managers.
QUESTION 11
Whether targeting consumers or resellers, marketers need to focus on:
O Buying center synergy.
O Corporate profit sharing
O Reducing derived demand
O Creating value for their customers
Marketers need to focus on creating value for their customers. The Option D.
Why is creating value for customers crucial for marketers?Creating value for customers is crucial for marketers as it directly impacts customer satisfaction and loyalty. When marketers prioritize creating value, they focus on understanding customer needs and preferences, developing products or services that meet those needs and delivering exceptional customer experiences.
By doing so, they differentiate themselves from competitors, build strong customer relationships and drive business growth. When customers perceive value in what a company offers, they are more likely to make repeat purchases.
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Schultz Industries is considering the purchase of Arras Manufacturing. Arras is currently a supplier for Schultz, and the acquisition would allow Schultz to better control its material supply. The current cash flow from assets for Arras is $7.6 million. The cash flows are expected to grow at 5 percent for the next five years before leveling off to 2 percent for the indefinite future. The cost of capital for Schultz and Arras is 9 percent and 7 percent, respectively. Arras currently has 3 million shares of stock outstanding and $25 million in debt outstanding. What is the maximum price per share Schultz should pay for Arras
Answer:
$50.67 per share
Explanation:
using the discounted cash flow model, we can determine Arras's total value:
CF₀ = $7.6
CF₁ = $7.98
CF₂ = $8.379
CF₃ = $8.79795
CF₄ = $9.2378475
CF₅ = $9.699739875
CF₆ = $9.893734673
we must first find the terminal value at year 5 = $9.893734673 / (7% - 2%) = $197.874694
now we can discount the future cash flows:
firm's value = $7.98/1.07 + $8.379/1.07² + $8.79795/1.07³ + $9.2378475/1.07⁴ + $9.699739875/1.07⁵ + $197.874694/1.07⁵ = $7.458 + $7.319 + $7.182 + $7.048 + $6.916 + $141.081 = $177.004 million
the shareholders' share of the firm's value = $177.004 million - $25 million = $152.004 million
price per share = $152.004 million / 3 million shares = $50.668 ≈ $50.67 per share
The maximum price per share that Schultz should pay for Arras will be $50.67 per share.
From the information given, the terminal value at the 5th year will be:
= $9.893734673 / (7% - 2%)
= $9.893734673 / 5%
= $9.893734673 / 0.05
= $197.874694
The next thing to do is to discount the future cash flows which will be:
= $7.98/1.07 + $8.379/1.07² + $8.79795/1.07³ + $9.2378475/1.07⁴ + $9.699739875/1.07⁵ + $197.874694/1.07⁵
= $7.458 + $7.319 + $7.182 + $7.048 + $6.916 + $141.081
= $177.004 million
Then, the shareholders' share of the firm's value will be:
= $177.004 million - $25 million
= $152.004 million
Therefore, the price per share will be:
= $152.004 million / 3 million shares
= $50.668
≈ $50.67 per share
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Scott wanted to start a lawn cutting service but needed to purchase a lawnmower. Sherif gave Scott $30 in exchange for company revenue. What does Sherif now have in Scott's company?
A.) Rebate.
B.) Investment.
C.) Stock.
D.) Bond.
Answer:
C.) Stock.
Explanation:
Since in the question it is mentioned that scott wanted to begin the lawn cutting service but required to buy the lawnmower.Here sherif given $30 in exchange for the revenue of the company.
So according to the given options, the option c should be selected as the sherif has the stock by which the revenue would be exchanged
Therefore option c is correct
Answer:
The answer is C. Stock. ❤️
(1) ____ are two of the largest financial institutions in the country.
Answer:
in which country are you referring( if in u.s it is JPMorgan chase &co.)
In a perfectly competitive market, the process of entry and exit will end when, for firms in the market,
A. marginal revenue is equal to average variable cost.
B. All of the answers are correct.
C. economic profits are zero.
D. price is equal to average variable cost.
Perfectly competitive market: There are numerous buyers and sellers of the same kinds of goods and services in this competitive market. Without any restrictions, the company can easily join and leave the market.
What is the market leader?Being able to outperform a broad-based index like the Standard & poor 500, Nasdaq 100, or the Dow Jones Industrial on investments, typically in the share market, is what is The idiom "beating the market" speaks over several investors.
Has there been a market crash?Since those changes, the equity market has fallen about once every 7 months, in 2000, 2008, and 2020; the 2022 catastrophe was brought caused by the coronavirus. What Causes Market Crash? There are numerous causes for market crashes. For illustration, in 2022 and.
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After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Schenkel Enterprises. Unfortunately, you will be the only individual voting for you. a. If the company has 470,000 shares outstanding and the stock currently sells for $41, how much will it cost you to buy a seat if the company uses straight voting
Answer: $9,635,041
Explanation:
With 470,000 shares, you will need to hold a majority to vote yourself into the board.
To gain a majority, you need more than 50% of the shares:
= 470,000 / 2 + 1 share to give you majority
= 235,001 shares
The cost of 235,001 shares is:
= 235,001 * 41
= $9,635,041
Prepare journal entries to record the following merchandising transactions of Lowe's, which uses the perpetual inventory system and
the gross method.
August 1 Purchased merchandise from Aron Company for $8,000 under credit terms of 1/10, n/30, FOB destination, invoice dated
August 1.
August 5 Sold merchandise to Baird Corporation for $5,600 under credit terms of 2/10, n/60, FOB destination, invoice dated August
5. The merchandise had cost $4,000.
August 8 Purchased merchandise from Waters Corporation for $7,000 under credit terms of 1/10, n/45, FOB shipping point, invoice
dated August 8.
August 9 Paid $190 cash for shipping charges related to the August 5 sale to Baird Corporation.
August 10 Baird returned merchandise from the August 5 sale that had cost Lowe's $500 and was sold for $1,000. The merchandise was
restored to inventory.
August 12 After negotiations with Waters Corporation concerning problems with the purchases on August 8, Lowe's received a price
reduction from Waters of $700 off the $7,000 of goods purchased. Lowe's debited accounts payable for $700.
August 14
At Aron's request, Lowe's paid $160 cash for freight charges on the August 1 purchase, reducing the amount owed (accounts
payable) to Aron.
August 15 Received balance due from Baird Corporation for the August 5 sale less the return on August 10.
August 18 Paid the amount due Waters Corporation for the August 8 purchase less the price allowance from August 12.
August 19
Sold merchandise to Tux Company for $4,800 under credit terms of n/10, FOB shipping point, invoice dated August 19. The
merchandise had cost $2,400.
August 22
Tux requested a price reduction on the August 19 sale because the merchandise did not meet specifications. Lowe's gave a
price reduction (allowance) of $800 to Tux and credited Tux's accounts receivable for that amount.
August 29 Received Tux's cash payment for the amount due from the August 19 sale less the price allowance from August 22.
August 30 Paid Aron Company the amount due from the August 1 purchase.
Based on the given merchandising transactions, a journal entry has been prepared below:
Journal EntriesNo Date General Journal Debit Credit
1 Aug 01 Merchandise inventory $6,000
Accounts payable-Aron $6,000
2 Aug 05 Accounts receivable-Baird $4,200
Sales $4,200
3 Aug 05 Cost of goods sold $3,000
Merchandise inventory $3,000
4 Aug 08 Merchandise inventory $5,000
Accounts payable-Waters $5,000
5 Aug 09 Delivery expense $200
Cash $200
6 Aug 10 Sales return and allowances $1,000
Accounts receivable-Baird $1,000
7 Aug 10 Merchandise inventory $500
Cost of goods sold $500
8 Aug 12 Accounts payable-Waters $500
Merchandise inventory $500
9 Aug 14 Accounts payable-Aron $190
Cash $190
10 Aug 15 Cash ($3,200 - $3,136) $3,136
Sales discounts ($3,200 x 2%) $64
Accounts receivable-Baird ($4,200 - $1,000) $3,200
11 Aug 18 Accounts payable-Waters ($5,000 - $500) $4,500
Merchandise inventory ($4,500 x 1%) $45
Cash ($4,500 - $4,455) $4,455
12 Aug 19 Accounts receivable-Tux $3,600
Sales $3,600
13 Aug 19 Cost of goods sold $1,800
Merchandise inventory $1,800
14 Aug 22 Sales return and allowances $600
Accounts receivable-Tux $600
15 Aug 29 Cash ($3,600 - $600) $3,000
Accounts receivable-Tux $3,000
16 Aug 30 Accounts payable-Aron ($6,000 - $190) $5,810
Cash $5,810
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an increase In long run aggregate supply can be expected to _______ the price level and ______ the natural rate of unemployment.
Answer:
fall is the answer for both blanks
See if you can match the design approaches Kate uses to the messages she applied them to.
Click to select each message design approach, then click the blank space for the message it
matches to move it.
"I know you're on deadline, but I also know that the project is very important for all of us. May
I ask you a question about it..."
"We've just experienced three problems with the ABC product. The problems are... I see three
simple solutions, and they are... I'll go ahead and implement these solutions on Thursday
unless I hear otherwise from you before then..."
"Given your announcement that customer service is our #1 priority for the month, I would like
your approval to hire a temp to help Bill this month so he can focus on service enhancements."
"Have you seen this quarter's revenue figures? They're 30 percent higher than last quarter.
Would you like to increase the budget for the XYZ product?"
Select one
Select one
Select one
Select one
The design approaches to the messages as observed are Emotional appeal, Problem-solution approach, Persuasive approach based on shared values, and Data-driven approach.
What are the appropriate matching of the approaches?Matching each message with its corresponding design approach are as follows:
1. "I know you're on deadline, but I also know that the project is very important for all of us. May I ask you a question about it..."
Design approach: Emotional appeal
2. "We've just experienced three problems with the ABC product. The problems are... I see three simple solutions, and they are... I'll go ahead and implement these solutions on Thursday unless I hear otherwise from you before then..."
Design approach: Problem-solution approach
3. "Given your announcement that customer service is our #1 priority for the month, I would like your approval to hire a temp to help Bill this month so he can focus on service enhancements."
Design approach: Persuasive approach based on shared values
4. "Have you seen this quarter's revenue figures? They're 30 percent higher than last quarter. Would you like to increase the budget for the XYZ product?"
Design approach: Data-driven approach
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elasticity of damand
Price elasticity of demand, is the degree to which the effective desire for something changes as its price changes. In general, people desire things less as those things become more expensive