Answer:
1. 18,200 units
2. 22,400 units
Explanation:
Cosgrove Company
1.Computation of the anticipated break-even sales (units
Using this formula
Contribution per unit = selling price - variable cost per unit
= $63 - $42 = $21
Formula for Break Even Sales (units)
Break Even Sales (units) = (fixed cost÷contribution per unit)
= ($382,200÷$21)
= 18,200 units.
2.Computation of the sales (units) required to realize operating income of $88,200. units
Using this formula
Desired Sales (units) = (fixed cost + desired operating income)÷contribution per unit.
= ($382,200 + $88,200)÷$21
= $470,400 ÷ $21
= 22,400 units.
type of advance medical directive does the AMA recommend? a) Euthanasia b) Living will c) Durable power of attorney O d) Undue-burden test
Answer:
C) Durable power of attorney
Explanation:
Logic and Common Sense....
what does journalism have you do
Answer:
yas
Explanation:
Data warehouses should be refreshed periodically. To start, all data should be _____.
The first step is to gather all the data from the various sources and load it into the data warehouse.
How can it be explained in detail?ETL stands for extraction, transformation, and loading, and refers to this first stage. Data is gathered from a variety of sources during the extraction stage, including operational systems, transactional databases, and external sources. The data is cleaned, formatted, and changed during the transformation step so that the data warehouse can use it consistently. Last but not least, the converted data is imported into the data warehouse during the loading step.
To guarantee that the data in the data warehouse is correct and current, the data warehouse should undergo frequent refreshment once the initial ETL process is finished and the data is loaded. Regular incremental updates or infrequent complete refreshes are two ways to do this.
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Exercise 8-4A (Static) Determining sales and variable cost volume variances LO 8-3 Cherokee Manufacturing Company established the following standard price and cost data. Sales price $ 12.00 per unit Variable manufacturing cost $ 7.20 per unit Fixed manufacturing cost $ 3,600 total Fixed selling and administrative cost $ 1,200 total Cherokee planned to produce and sell 2,000 units. Actual production and sales amounted to 2,200 units. Required Determine the sales and variable cost volume variances. Classify the variances as favorable (F) or unfavorable (U). Determine the amount of fixed cost that will appear in the flexible budget. Determine the fixed cost per unit based on planned activity and the fixed cost per unit based on actual activity.
Answer:
Cherokee Manufacturing Company
a. Sales volume variance is:
= $2,400 F
b. Variable cost volume variance is:
= $1,440 U
c. Fixed cost in the flexible budget = $4,800
d. Fixed cost per unit:
1. Planned activity = $2.40
2. Actual activity = $2.18
Explanation:
a) Data and Calculations:
Standard price and cost data:
Sales price $ 12.00 per unit
Variable manufacturing cost $ 7.20 per unit
Fixed manufacturing cost $ 3,600 total
Fixed selling and administrative cost $ 1,200 total
Planned production and sales = 2,000 units
Actual production and sales = 2,200 units
Sales volume variance = Actual sales - Standard sales multiplied by Standard price
= 2,200 - 2,000 * $12
= 200 * $12
= $2,400 F
Variable cost volume = Actual production - Standard production multiplied by Standard Variable Cost
= 200 * $7.20
= $1,440 U
Flexible fixed costs:
Fixed manufacturing cost = $ 3,600 total
Fixed selling and administrative cost = $ 1,200 total
Total fixed costs = $4,800
Fixed cost per unit:
Planned activity = $2.40 ($4,800/2,000)
Actual activity = $2.18 ($4,800/2,200)
ne implication from the evidence on EI to date is that employers should consider it a factor in hiring employees, especially in jobs that demand ________. good mathematical skills good critical thinking skills good analytical skills the ability to work independently a high degree of social interaction
Answer:
a high degree of social interaction
Explanation:
Emotional intelligence can be regarded as "emotional quotient" It is been defined as the ability to understand as well as to use and manage one's emotions in positive ways so that individual can be relieve of stress or communicate effectively with others or express empathize with others. With Emotional intelligence individual can overcome challenges as well as defusing conflict. Emotional intelligence (EI) can be regarded as concept which is moderately correlated with job performance.
Components of Emotional intelligence are;
✓Social skills.
✓Self-awareness.
✓Motivation.
✓Empathy.
✓Self-regulation.
It should be noted that One implication from the evidence on EI to date is that employers should consider it a factor in hiring employees, especially in jobs that demand a high degree of social interaction.
Consider the economies of Hermes and Gobbledigook, both of which produce gaggles of gop using only tools and workers. Suppose that, during the course of 50 years, the level of physical capital per worker rises by 5 tools per worker in each economy, but the size of each labor force remains the same.
Complete the following tables by entering productivity (in terms of output per worker) for each economy in 2014 and 2034.
Year
Hermes
Physical Capital Labor Force Output Productivity
(Tools per worker) (Workers) (Gaggles of gop) (Gaggles per worker)
2014 11 30 3,000
2034 15 30 3,600
Year
Gobbledigook
Physical Capital Labor Force Output Productivity
(Tools per worker) (Workers) (Gaggles of gop) (Gaggles per worker)
2014 8 30 2,400
2034 12 30 3,600
Initially, the number of tools per worker was higher in Hermes than in Gobbledigook. From 2014 to 2034, capital per worker rises by 4 units in each country. The 4-unit change in capital per worker causes productivity in Hermes to rise by a (larger or smaller)?? amount than productivity in Gobbledigook. This illustrates the concept of (brain drain or increasing return or inward oriented growth or diminishing returns or constant return?)??? , which makes it (easier or more difficult ??) for countries with low output to catch up to those with higher output.
The productivity (in terms of output per worker) of the economies of Hermes and Gobbledigook can be computed as follows:
1. Hermes
Physical Capital Labor Force Output Productivity
Year (Tools per worker) (Workers) (Gaggles (Gaggles per
of gop) worker)
2014 11 30 3,000 100 (3,000/30)
2034 15 30 3,600 120 (3,600/30)
2. Gobbledigook
Physical Capital Labor Force Output Productivity
Year (Tools per worker) (Workers) (Gaggles (Gaggles per
of gop) worker)
2014 8 30 2,400 80 (2,400/30)
2034 12 30 3,600 120 (3,600/30)
3. The 4-unit change in capital per worker causes the productivity in Hermes to rise by a smaller amount (20%) than the productivity in Gobbledigook (50%). This illustrates the concept of diminishing returns, which makes it easier for countries with low output to catch up to those with higher output.
What is the law of diminishing marginal returns?The law of diminishing returns states that a developed nation's growth rates tend to slow as the economy matures, enabling developing nations to catch up with the former's growth.
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Which of the following will increase the waiting time in a call center in which the incoming call gets assigned to the first available server?A. Add more serversB. Implement the shortest processing time first priority ruleC. Decrease the variability in serversD. Increase the average service/processing timeE. Decrease the interarrival timeBoth C and DBoth D and EC, D, and E
The incoming call gets assigned to the first available server the correct answer is Options C, D, and E.
What is assigned?Assigned is a term used to describe the action of assigning a task, responsibility, or duty to a person or group. It is often used in the context of school work, work assignments, and other tasks requiring completion. Assigning can also refer to the act of assigning a value (such as a monetary value) to something. For example, assigning a dollar value to a piece of property.
Adding more servers (Option A) will decrease the waiting time in a call center. Implementing the shortest processing time first priority rule (Option B) may reduce the waiting time, but it will also increase the variability in server times and can lead to an increase in waiting time. Decreasing the variability in server times (Option C) will reduce the waiting time and make it more consistent. Increasing the average service/processing time (Option D) will increase the waiting time. Decreasing the interarrival time (Option E) will reduce the waiting time.
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29. Economics is based on
a. abundance
b. scarcity
c. laborers
if u lose a coin where would u look first
Answer: wherever you had last been
lucia wants to develop a process for dyeing shirts so that the color will not fade when the a soda bottle contains 20.0 oz of soda. if you drink 6.70 oz, what percentage of the soda have you consumed? view available hint(s)for part a a soda bottle contains 20.0 oz of soda. if you drink 6.70 oz, what percentage of the soda have you consumed? 33.5% 0.335% 2.99% 6.70% is washed. she proceeds with the following activities: a. lucia notices that the dye in a design fades when the shirt is washed. b. lucia decides that the dye needs something to help it combine with the fabric. c. she places a spot of dye on each of four shirts and then places each one separately in water, salt water, vinegar, and baking soda and water. d. after one hour, all the shirts are removed and washed with a detergent. e. lucia notices that the dye has faded on the shirts in water, salt water, and baking soda, while the dye did not fade on the shirt soaked in vinegar. f. lucia thinks that the vinegar binds with the dye so it does not fade when the shirt is washed.
Lucia notices that the dye in a design fades when the shirt is washed.-This is an observation.
Lucia decides that the dye needs something to help it combine with the fabric.- This is her Hypothesis.
She places a spot of dye on each of four shirts and then places each one separately in water, salt water, vinegar, and baking soda and water.- This is part of her Experiment.
After one hour, all the shirts are removed and washed with a detergent.- This is part of her Experiment.
Lucia notices/observes that the dye has faded on the shirts in water, salt water, and baking soda, while the dye did not fade on the shirt soaked in vinegar. -This is an observation.
Lucia thinks that the vinegar binds with the dye, so it does not fade when the shirt is washed.- This is her Theory.
Solving this problem requires understanding the differences and relationships between the terms observation, hypothesis, experiment, and theory.
An observation is something you see in nature or in any system. It also describes what you will see as a result of the experiment. For example, Lucia discovered that the dyes in the design faded when the shirt was washed, and that soaking the shirt in vinegar did not.
A hypothesis is a paragraph that suggests why the process described by the observation occurs. For example, Lucía thought he needed something to help the dye bond with the fabric. This hypothesis needs to be confirmed.
An experiment is a procedure used to test and validate a hypothesis. For example, in an assay developed by Lucía, shirts were exposed to different liquids.
Finally, a theory is a complete explanation of observations and hypotheses proposed and evaluated through experimentation. The result or completion after all previous steps have been exhausted. For example, Lucia points out that the vinegar binds to the dye so it doesn't fade when you wash your shirt.
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Complete question:
Lucia wants to develop a process for dyeing shirts so that the color will not fade when the shirt is washed. She proceeds with the following activities:
1. Lucia notices that the dye in a design fades when the shirt is washed.
2. Lucia decides that the dye needs something to help it combine with the fabric.
3. She places a spot of dye on each of four shirts and then places each one separately in water, salt water, vinegar, and baking soda and water.
4. After one hour, all the shirts are removed and washed with a detergent.
5. Lucia notices that the dye has faded on the shirts in water, salt water, and baking soda, while the dye did not fade on the shirt soaked in vinegar
6. Lucia thinks that the vinegar binds with the dye so it does not fade when the shirt is washed.
Part A
Identify each of the statements as an observation, a hypothesis, an experiment, or a theory.
Drag the appropriate items to their respective bins.
Observation
Hypothesis
Experiment
Theory
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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Goodwill arises when one firm acquires the net assets of another firm and pays more for those net assets than their current fair value. Suppose that Target Co. had operating income of $64,900 and net assets with a fair value of $190,000. Takeover Co. pays $283,000 for Target Co.'s net assets and business activities.
1. How much goodwill will result from this transaction?
2. Calculate the ROI for Target Co. based on its present operating income and the fair value of its net assets. (Round your percentage answer to 2 decimal places.)
3. Calculate the ROI that Takeover Co. will earn if the operating income of the acquired net assets continues to be $64,900. (Round your percentage answer to 2 decimal places.)
Briefly discuss Sherif’s (1966) classic study of boys at summer camp in terms of findings and implications for understanding competition.
Sherif’s (1966) classic Robbers Cave study of boys at summer camp finds the relationship between the two groups of boys immediately deteriorated when the event began.
In the 1940s and 1950s, social psychologist Muzafer Sherif and his associates conducted a number of investigations, including the Robbers Cave experiment. Sherif investigated the interactions between male groups at summer camps and a competitor group with the hypothesis that "when two groups have competing purposes... their members would become antagonistic to one other even when the groups are constituted of normal well-adjusted individuals at a summer camp " The Robbers Cave study found the incident swiftly escalated once the parties started throwing jabs. The Sherif discovered that the summer camps' surveys, in which they were asked to score their own team and the opposing team on good and bad attributes, contained questions about group animosity.
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When assessing whether product release deadlines were met during the first three months of the year, the quality assurance (QA) team noted that they were late 23 percent of the time. During that time, the team had hired two new specialists. The team immediately assessed their processes, including that of approving lot records, a required step to ensure that each lot met product requirements, which then triggered a product release. They found that the new QA reviewers were slow to make decisions because of lack of experience and knowledge. Which statement best explains why analyzing the lot record process and identifying the major constraint for product release was helpful to the QA director so she could take action to improve?a. Knowing what the constraint was helped the QA director to watch deadlines more closely as she is the one responsible for meeting them.
b. Analyzing the root cause of the delays helped the QA director alert the new specialists that their work was not acceptable.
c. Understanding what went wrong helped the QA director rethink her hiring policy and process so she could identify stronger candidates.
d. Identifying the constraint informed the QA director of the need for increased training for the new specialists.
Identifying the constraint declared the QA director the requirement for increased training for the unique specialists. This statement best describes why investigating the lot record operation and identifying the major constraint for product release existed useful to the QA director.
Who is a QA director?Quality assurance or QA director creates sure high-quality products exist delivered on time and within budget. The role manages all the systems, processes, and enterprises that alleviate quality issues. Directors work with internal partners whose obligations connect to compliance and production. The Head of Quality Assurance assumes ownership of the department's performance as well as obligation over the resolution of technical issues and debugging movements of the business's software/products.
Therefore, the (d) option exists as the correct answer.
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Firm’s latest financial statements, what does bottom line means?
Answer:
The bottom line is a company's net income, or the "bottom" figure on a company's income statement. More specifically, the bottom line is a company's income after all expenses have been deducted from revenues. These expenses include interest charges paid on loans, general and administrative costs, and income taxes.
Explanation:
here is your answer if you like my answer please follow
What is the usual rationale for governments to issue monopoly-promoting licenses to firms providing services such as trash collection
Answer: Economies of scale
Explanation:
Economies of scale are the cost advantages i.e the reduction in cost which a company benefits when there is efficiency in production. This is possible when there is a rise in production.
Therefore, the rationale for governments to issue monopoly-promoting licenses to firms providing services such as trash collection is due to economies of scale as this will help in reducing the cost and also allow one main company to do it more efficiently and effectively.
Jamal and Keisha each earn money by washing cars and mowing lawns.
Jamal can mow 4 lawns or wash 8 cars in one day. Keisha can mow 3 lawns or wash 9 cars in one day. They both charge $25 for each lawn and $15 for each car.
The chart shows their production after 3 days.
A 3-column table has 2 rows. The first column has entries Lawns, cars. The second column is labeled Jamal with entries 12, 24. The third column is labeled Keisha with entries 9, 27.
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.
Answer:
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 way in which labor specialization can be advantageous to Jamal, as well as, Keisha would be:
B). Keisha can specialize in washing cars because she has a comparative advantage.
C). Specialization allows them to collectively mow 3 more lawns and wash 3 more cars every three days.
F). Specialization allows them to earn more money.
The specialization of labor is characterized as the process in which the laborers are deployed for particular tasks in order to promote efficiency. In this process, the ability of laborers is successfully utilized as they are provided the job of their skill area which enhances productivity(effectively and efficiently).In the given case, the labor specialization would assist Jamal and Keisha in increasing their profits by designating the skill areas as per the expertise(Keisha in washing cars and Jamal in mowing lawns) they possess.
Thus, options B, C, and F are the correct answers.
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A company has the following selected account balances: Sales $ 250,000 Sales Discounts 1,500 Sales Returns and Allowances 2,300 Sales Salaries Expense 56,000 Store Supplies Expense 15,000 Advertising Expense 8,000 Cost of Goods Sold 125,000 What is the gross profit that would appear on a multiple-step income statement: multiple choice $121,200 $167,200 $42,200 $246,200
Answer:
$121,200
Explanation:
Calculation to determine the gross profit that would appear on a multiple-step income statement
First step is to determine the Net sales
Sales $ 250,000
Less Sales Discounts ($1,500)
Less Sales Returns and Allowances ($2,300 )
Net sales $246,200
Now let determine the Gross profit using this formula
Gross profit=Net sales-Cost of Goods Sold
Let plug in the formula
Gross profit=$246,200-$125,000
Gross profit=$121,200
Therefore the gross profit that would appear on a multiple-step income statement is $121,200
Write different defination of Business?
Answer:
Business is the activity of making one's living or making money by producing or buying and selling products (such as goods and services). Simply put, it is "any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors."
Explanation:
I looked in wiki
Answer:
A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.
Explanation:
A company reports the following: Sales $3,150,000 Average accounts receivable (net) 210,000 Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year. a. Accounts receivable turnover fill in the blank 1 b. Number of days' sales in receivables
Answer:
a. Account Receivables turnover = Sales / Average Account Receivables
Account Receivables turnover = $3,150,000 / $210,000
Account Receivables turnover = 15
b. Number of days sales in receivables = 365 / Account Receivables turnover
Number of days sales in receivables = 365 days / 15
Number of days sales in receivables = 24.33 days
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What is the correct ICD-10-CM code for Obstructive hydrocephalus ?
Answer:
G91.1
Explanation:
It is a billable code.Simply it's too specific as there are unique ICD codes.It can be used for reimbursement process at any cause.Question 49
A producer may share commission with
O the underwriter of the insurance company
O another licensed but unappointed producer
O the insured to offset a portion of the premium payable
O an unlicensed person who has sold, solicited, or negotiated a policy of insurance
2 of 50 Questions Remaining
The correct answer to question 49 is that a producer may share commission with another licensed but unappointed producer. b is correct answer
A producer may share commission with another licensed but unappointed producer.
In the insurance industry, a producer is an individual or entity that sells, solicits, or negotiates insurance policies. Producers can be insurance agents, brokers, or other licensed professionals authorized to conduct insurance transactions. Commissions are the compensation received by producers for their services in selling insurance policies.
While producers typically earn commissions based on the premiums paid by policyholders, they may also share commissions with other licensed individuals who are not appointed producers. These individuals are usually part of the same agency or brokerage and contribute to the sales process. By sharing commissions, producers can incentivize teamwork, encourage collaboration, and reward the efforts of their colleagues.
It's important to note that sharing commissions with unlicensed individuals who have sold, solicited, or negotiated insurance policies is generally not allowed. Insurance regulations require that only licensed individuals engage in insurance-related activities. Unlicensed individuals do not have the necessary qualifications, training, and legal authorization to participate in the sales process or receive commissions.
The sharing of commissions with the underwriter of the insurance company or the insured to offset a portion of the premium payable is also uncommon. The underwriter is responsible for assessing risk and determining policy terms, while the insured pays premiums to obtain coverage. Commissions are typically allocated to the producer involved in the sale and are not shared with the underwriter or the insured.
Therefore, the correct answer to question 49 is that a producer may share commission with another licensed but unappointed producer.
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System superheat is also referred to compressor superheat.
a. True
b. False
System superheat is also referred to compressor superheat. Option A. True
What is a System superheat?System superheat is otherwise known as compressor superheat. System superheat or compressor superheat is a total superheat which comprises evaporator superheat plus suction line superheat. A technician can determine the total superheat by placing a thermistor or thermocouple at the compressor's inlet and taking the temperature.
In other words, System superheat is the amount of heat the refrigerant vapor picked up from the exit of the evaporator to the inlet of the compressor. It's measured the same way as superheat and should be around 20F.
Therefore, the correct answer is as given above.
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System superheat is also known as compressor superheat, thus answer choice A is correct.
What is "system heat"?Compressor superheat is another name for system superheat. System superheat, also known as compressor superheat, is the sum of evaporator superheat and suction line superheat. By putting a thermistor or thermocouple at the compressor's input and measuring the temperature, a technician can figure out how much superheat there is in total.
In other words, system superheat is the amount of heat absorbed by the refrigerant vapour travelling from the evaporator outlet to the compressor intake. It is measured the same way as superheat, and its temperature should be around 20 degrees Fahrenheit.
Hence, the correct answer is Option A (i.e., True).
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The Intramural Sports Club reports sales revenue of $578,000. Inventory at both the beginning and end of the year totals $110,000. The inventory turnover ratio for the year is 3.9.
What amount of gross profit does the company report in its income statement?
Answer:
$363,500
Explanation:
Gross profit = Revenue - Cost of Goods Sold.
In the case
Revenue = $578,000.
The Cost of Goods Sold: COGS
Inventory turn over = COGS/ Average turnover
Average turnover = Opening stock + closing stock/2
In this case Opening stock + Closing stock = $110,000
Average turnover = $110,000 /2 =$55,000
Therefore:
3.9 = COGS/$55,000
COGS = $55,000 x 3.9
COGS =$214,500
Gross profit = $578,000 - $214,500
Gross profit = $363,500
How do credit card companies use a person's credit report?
A. To determine if that person should be given a loan or credit card
B. To figure out if that person has been using a budget
C. To calculate how much interest the person is owed on their
account
OD. To help them figure out ways to pay off their outstanding debt
Answer:
answer is A
Credit card companies use a person's credit report to determine if that person should be given a loan or credit card.
Select the correct answer.
Which phrase correctly defines the motives of a business?
O A. satisfying the needs of people
OB.
helping a country's economy grow
O C.
incurring expenses
O D. earning profits and providing value in the form of goods or services
The phrase that correctly defines the motives of a business is earning profits and providing value in the form of goods or services. Option D
What is the motives of a business?While a business may have other goals, such as satisfying the needs of people or contributing to a country's economy, the primary motive of a business is to earn profits and provide value to customers in the form of goods or services.
Businesses exist to create and capture economic value, and the pursuit of profits is what drives businesses to innovate, invest, and compete in the marketplace. Without the ability to earn profits and provide value to customers, businesses would not be sustainable in the long run.
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Carlos is 25 years old and has $3000 he wants to invest. He doesn’t want to risk losing a lot of money, so he is looking for a low-risk investment. He wants to invest for five years, and then he will need his money back (plus the interest he earns.) What is the BEST investment choice for Carlos?
The best place where Carlos can invest his money in a low-risk investment would be to buy some shares.
What is an Investment?This refers to the business plan that is made to put some money into a business venture with the aim of getting profit after a time period.
Hence, we can see that based on the fact that Carlos is young and has about $3,000 to put in a low-risk investment, it would be good for him to buy shares in a reputable company and get his money back with interest after some years.
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The individual assets invested by a partner in a partnership Group of answer choices revert back to that partner if the partnership liquidates. determine that partner's share of net income or loss for the year. are jointly owned by all partners. determine the scope of authority of that partner.
Answer:
Partners have equal rights in a partnership group.
Explanation:
Net income and losses are distributed equally to all partners in a partnership group.
What is one direct result of competition in a free-market economy?
A. Some companies may go out of business.
B. The need for advertising will decrease.
C. The unemployment rate will stay at a constant level.
D. Some governments may control the market.
The direct result is Option A. Some companies may go out of business.
Result of competition in a free-market economyA direct result of competition in a free-market economy is that some companies may go out of business.
In a competitive market, companies must continuously innovate, improve efficiency, and offer better products or services at competitive prices to stay relevant and profitable.
Those that fail to do so may lose customers and market share, leading to decreased revenues and ultimately bankruptcy.
This dynamic of creative destruction is a key feature of free-market economies, as it allows new and innovative companies to emerge, leading to better products, lower prices, and increased economic growth.
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A long-term incentive is a type of
incentive given to employees that
is designed to be paid over
or longer.??