To forecast Korboe's balance sheet for December 31, 2018, we can use the forecasted financial statement method. This method involves projecting the future values of each component of the balance sheet based on historical trends and other relevant information.
Here are the steps to follow:
Begin by creating a forecast of Korboe's income statement for the year 2018. This will help you estimate the company's cash flows and net income for the year.
Next, estimate the changes in the company's current assets and current liabilities for the year 2018. These changes can be based on historical trends, expected sales and revenue, and any planned investments or expenditures.
Estimate the changes in the company's long-term assets and long-term liabilities for the year 2018. These changes can be based on planned investments or expenditures, as well as any expected changes in the value of the company's assets or liabilities.
Use the forecasted values of the company's assets and liabilities to project the balance sheet at December 31, 2018.
Based on the information provided, here is an example of how the forecasted financial statement method might be used to forecast Korboe's balance sheet for December 31, 2018:
Assets Liabilities and Equity
Cash and cash equivalents Bank loan
Accounts receivable Bank loan
Inventory Bank loan
Property, plant, and equipment Bank loan
Total Current Assets Total Long-term Liabilities and Equity
Assuming that all additional external capital is raised as a bank loan at the end of the year, and based on historical trends and other relevant information, we might estimate the following changes in the company's balance sheet for the year 2018:
Cash and cash equivalents:
100,000(basedonexpectedsalesandrevenue)
Accounts receivable:
200,000(basedonexpectedsalesandrevenue)
Inventory:
300,000(basedonexpectedsalesandrevenue)
Property, plant, and equipment:
400,000(basedonplannedinvestments)
Total Current Assets:
1,000,000
Total Long-term Liabilities and Equity:
500,000(basedonaplannedbankloan)
Therefore, based on these estimates, the forecasted balance sheet for Korboe at December 31, 2018, would be:
Assets Liabilities and Equity
Cash and cash equivalents $100,000
Accounts receivable $200,000
Inventory $300,000
Property, plant, and equipment $400,000
Total Current Assets $1,000,000
Total Long-term Liabilities and Equity $500,000
It is important to note that these are only estimates, and the actual values may vary depending on a variety of factors.
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when the fed decreases the discount rate, banks will a. borrow less from the fed and lend less to the public. b. borrow less from the fed and lend more to the public. c. borrow more from the fed and lend more to the public. d. borrow more from the fed and lend less to the public.
The word "discount rate," which is primarily used in American English, refers to the interest rate the Fed imposes on depository institutions when they borrow money from the Fed.
Banks will naturally take large loans if they discover they must pay low interest rates in order to lend them to the public and earn returns later. However, when the public takes large loans, the money supply will grow.
Why is it called a discount rate?
When determining the present value of an investment, the discount rate is the rate of return used to discount future cash flows. Because future earnings are less valuable than current earnings, a discount rate is applied to future cash flows.
What does the term "discount rate" mean in terms of monetary policy?
The discount rate is the interest rate charged to commercial banks and other depository institutions on loans they get through the discount window of their regional Federal Reserve Bank.
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Collective bargaining differs from one situation to another in terms of _____.A. bargaining provisionsB. bargaining structureC. bargaining campaignsD. bargaining strategiesE. bargaining techniques
Collective bargaining refers to the negotiation process between an employer and a group of employees represented by a union, in order to establish the terms and conditions of employment.
The process of collective bargaining may vary from one situation to another in terms of bargaining provisions, bargaining structure, bargaining campaigns, bargaining strategies, and bargaining techniques. Bargaining provisions refer to the specific issues that are being negotiated, such as wages, benefits, working hours, and working conditions. These provisions may differ depending on the industry, the company, and the specific needs and demands of the employees. Bargaining structure refers to the way in which the negotiation process is organized, such as the number of bargaining units, the composition of the bargaining team, and the decision-making process.
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Business Ethics Nine-point Checklist Questions
You own a business in the United States that you have determined needs to move out of the country in order to survive. Choose one of the companies below to complete your quiz.
As you prepare to leave, you need to identify those who are helped (individuals in the new country) and those who are hurt. Next, you need to define your ethical responsibilities to all your shareholders (the individuals in the US).
Choose one of these companies as your company to answer the Business Ethics Checklist.
Apple
IBM
Cisco Systems
Nike
Wal-Mart
What are the facts? Who is affected? Is there an ethical problem? Is it simply right vs. wrong? Is this an ethical dilemma: Right vs. wrong? What resolution principles might be applied? What are your options? Is there a third way? Reflect on why you think this is the best decision? PLEASE SOMEONE HELP ASAP!!!!!!!
YOULL GET 100 POINTS!!!!
The business Ethics Nine-Point Checklist aids in making ethical decisions. The one for Wal-Mart is as follows:
The background: I'm leaving and I have to identify those who have helped and those who have hurt.The facts? I will be leaving and I have to ensure that my absence does not hurt the company.Who is affected? The company as a whole will be affected if I don't put proper succession plans in placeIs there an ethical problem? Yes. My responsibility within the company is to ensure that the company continues to exist and function legally and separately from my person so that other stakeholders (staff and investors) are not put at a disadvantage.Dilemma? The dilemma only exists if the solution to my absence is such a difficult one. The conflict is between my personal interests and that of the company.What resolution principles may be applied? Succession planning and change management is crucial in this case.Is there a third way? Yes. The third way would be to reexamine the reason why I want to leave in the first place and see if there is a possible solution to thatWhat is the best decision? This would be dependent on a lot of subjective factors.What is ethics?Ethics, often known as moral philosophy, is a philosophical field that "involves systematizing, defending, and advocating conceptions of good and bad action." The field of ethics, like aesthetics, is concerned with considerations of worth; together, these subjects compose the branch of philosophy known as axiology.
The Fundamental Ethics Principles The four ethical principles are beneficence, nonmaleficence, autonomy, and justice.
Ethics is what motivates us to speak the truth, honor our promises, and assist those in need. On a daily level, an ethical framework underpins our lives, assisting us in making decisions that have a good influence and directing us away from unjust consequences.
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Los conceptos de "fidelidad" y "vinculación" con la empresa:
Seleccione una:
a. No son idénticos pero son intercambiables. B. Son idénticos. C. No se aplican a clientes. D. Son diferentes y no reconocer esa diferencia puede inducir a error
La fidelidad y la vinculación son dos conceptos distintos aunque relacionados en el contexto de los clientes y las empresas.
La fidelidad se refiere a la tendencia de los clientes a seguir comprando los productos o servicios de una empresa en particular, mientras que la vinculación se refiere a la conexión emocional que los clientes pueden tener con una empresa, incluyendo aspectos como la identificación con los valores de la empresa o su imagen de marca. Es importante reconocer la diferencia entre estos dos conceptos ya que cada uno requiere estrategias y enfoques específicos para mantener o mejorar su nivel. La fidelidad se puede fomentar a través de la satisfacción del cliente y la calidad del producto, mientras que la vinculación puede requerir un enfoque más profundo en los valores y la identidad de la marca.
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Why are labor unions able to negotiate effectively with companies where individual workers can't?
Help please 80 points!!!
Answer:
As said from quizzlet, Labor unions can use the power of collective bargaining and strikes to make management listen. Instead of using the power of one, easily replaced worker, the union uses the power of all workers for leverage.
Explanation:
The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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what approach illustrates the value of an organization differentiating its human resources relative to competitors to gain a competitive advantage?
The approach that illustrates the value of an organization differentiating its human resources relative to competitors to gain a competitive advantage is called human resource differentiation.
Human resource differentiation involves an organization strategically selecting and developing its employees to possess unique skills, knowledge, and abilities that competitors cannot easily replicate. This approach recognizes that employees are a valuable asset and can contribute significantly to an organization's success.
By differentiating their human resources, organizations can create a competitive advantage by offering superior products or services, improving operational efficiencies, and enhancing customer satisfaction. Human resource differentiation can also help organizations attract and retain top talent, which can further contribute to their success.
Overall, human resource differentiation is a critical strategy that organizations can use to gain a competitive advantage and improve their overall performance.
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With respect to customers and ethical business practises, manipulative pricing is a concern.
Many practical consumers think of the pricing practices and gimmicks as a nuisance or irritant that they must live with, not as something morally objectionable. But tricky or manipulative pricing does raise moral questions — not least about business’s view of itself and its role in the community — that business people and ethical theorists are now beginning to take seriously.
What examples can you think of in your experience of manipulative pricing?
Do you think it is morally permissible for a company to try and manipulate you as a consumer? Discuss.
Striving for transparency, fairness, and building trust with consumers is generally regarded as a more ethical approach that can lead to long-term success.
Manipulative pricing refers to the use of deceptive or misleading tactics by companies to influence consumers' purchasing decisions or to extract more value from them.
While there are various examples of manipulative pricing practices, I can provide a few common ones:
1. Price Anchoring: This tactic involves setting a high initial price for a product or service and then offering a discount, making the discounted price appear more attractive.
The high initial price serves as an anchor, influencing consumers to perceive the discounted price as a good deal, even if it might not be the best value available.
2. Hidden Fees: Companies may advertise a product or service at a seemingly low price but then add hidden fees during the purchasing process.
These fees may include administrative charges, delivery fees, or service fees that are not transparently disclosed upfront. Such practices can mislead consumers by making the actual cost higher than what was initially presented.
3. Bait-and-Switch: This technique involves advertising a product or service at a low price to attract customers but then attempting to upsell them to a higher-priced alternative once they are engaged.
The company entices customers with an appealing offer but then tries to switch them to a more expensive option, often claiming that the advertised product is sold out or of inferior quality.
4. Dynamic Pricing: Some companies use algorithms and data analysis to adjust prices in real-time based on factors like demand, browsing history, or location. While dynamic pricing can be justified in certain cases, such as supply-demand fluctuations, it can also be manipulative if it targets individual consumers with personalized pricing solely to extract more profit.
As for the moral permissibility of manipulative pricing, it is a subject of ethical debate. Different perspectives exist, and the answer may depend on the specific practices involved and the ethical framework being applied. Here are a few viewpoints to consider:
1. Deceptive and Unfair: From a consumer rights perspective, manipulative pricing can be seen as ethically objectionable. It violates principles of transparency, fairness, and honesty in business transactions. Companies have a responsibility to provide accurate and clear information to consumers to enable informed decision-making.
2. Free Market and Consent: Some argue that as long as the pricing practices are legal, companies have the right to employ strategies to maximize their profits within the boundaries of the market. As long as consumers have the freedom to choose, it is their responsibility to be informed and cautious.
3. Long-Term Relationships: Companies that prioritize building long-term relationships with customers may view manipulative pricing as detrimental. Trust and loyalty are crucial for sustainable business success, and practices that erode trust can harm the company's reputation and customer relationships.
4. Social Responsibility: Businesses that embrace a broader view of their role in society may see manipulative pricing as morally problematic.
They might consider factors beyond immediate profits, such as the impact on consumer well-being, social trust, and the overall integrity of the marketplace.
Ultimately, whether manipulative pricing is morally permissible may depend on the specific context, the level of deception involved, and the ethical values and principles being considered.
Striving for transparency, fairness, and building trust with consumers is generally regarded as a more ethical approach that can lead to long-term success.
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Could anyone who is good at business course help me on this question, please? :))
Identify three ways in which a study might be classified as bad research.
Answer:
The three ways in which a study might be classified as bad research is described below in detail.
Explanation:
Lack of Research: When a study does not satisfy the research process conditions, it is not recognized to be a legitimate one.No Evidence: When researchers displease to present compelling testimony of their conclusions then, such work is not be trusted and the research becomes unreasonable. Biased opinions: A study, which serves all the method, contributes proof but is biased in one approach or the other, then such research is also classified as void.Which type of styles help you navigate in the document when using the Navigation Pane?
answer choices
Headings
Normal
Paragraph
Character
Headings
The Navigation Pane is a feature in Microsoft Word that allows you to quickly navigate through a document by displaying a list of the headings in the document. You can use the headings to jump to specific sections of the document and to get an overview of its structure.
What is the Navigation Pane?
The Navigation Pane is a feature in Microsoft Word that allows you to quickly navigate through a document by displaying a list of the headings in the document. It is located on the left side of the Word window and can be accessed by clicking on the "Navigation Pane" button in the "Find" group of the "Home" tab.
How do you use the Navigation Pane?To use the Navigation Pane, follow these steps:
Open your document in Microsoft Word.
Click on the "Navigation Pane" button in the "Find" group of the "Home" tab.
Select the "Headings" option from the dropdown menu to display a list of the headings in your document.
Click on a heading to jump to that section of the document.
To close the Navigation Pane, click on the "Close" button in the top right corner of the pane.
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Foreign exchange rates have an important impact on business. What impact does currency volatility have on a business operating internationally and what can that business do to deal with that impact?
Currency volatility can have both positive and negative impacts on a business operating internationally. They impact costs, profits, cash flow management etc.
1. Impact on Costs and Profits:
Positive Impact: If a business's home currency strengthens against the foreign currency, it can reduce the cost of importing goods or services from that country, potentially increasing profit margins.
Negative Impact: Conversely, if the home currency weakens against the foreign currency, it can increase the cost of importing, impacting profitability.
Strategies to deal with impact:Hedging: Businesses can use financial instruments like forward contracts, options, or futures to hedge against currency fluctuations and stabilize costs.
Diversification: Diversifying suppliers across different countries with varied currency exposures can help mitigate the impact of currency volatility.
2. Competitiveness:
Positive Impact: Currency depreciation can make a business's exports more competitive in foreign markets, as they become relatively cheaper for international buyers.
Negative Impact: Conversely, currency appreciation can make exports more expensive, potentially reducing competitiveness.
Strategies to deal with impact:Market Diversification: Expanding into new markets with less currency risk can help offset any negative impact on competitiveness in specific markets.
Pricing Strategies: Adjusting pricing strategies to account for currency fluctuations can help maintain competitiveness.
3. Cash Flow and Financial Risk:
Currency volatility can impact a business's cash flows and financial risk due to fluctuations in exchange rates. Repatriation of profits, debt repayments, and currency conversions can all be affected.
Strategies to deal with impact:Cash Flow Management: Businesses can implement robust cash flow management practices to mitigate the impact of currency volatility on cash flows.
Financial Risk Management: Implementing risk management strategies such as hedging, forward contracts, or currency swaps can help mitigate financial risk.
4. Planning and Budgeting:
Currency volatility can make planning and budgeting challenging for international businesses, as it introduces uncertainty into projected revenues and costs.
Strategies to deal with impact:Scenario Planning: Businesses can create multiple scenarios with different exchange rate assumptions to assess the potential impact on their financials and develop contingency plans accordingly.
Flexible Budgeting: Adopting flexible budgeting approaches that account for currency volatility can help businesses adapt to changing conditions.
In summary, currency volatility can impact various aspects of a business operating internationally. By implementing risk management strategies, diversifying markets and suppliers, and adopting flexible approaches to budgeting and pricing, businesses can navigate and mitigate the impact of currency fluctuations.
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Magic Events, Inc. is a global concert promoter that is organizing the world concert tour of the newest boy band. The company has a global reputation for generating the highest revenues for their entertainers based on lucrative event triangles. What is the most critical factor in a successful event triangle?
A.
as much advertising to fans as possible
B.
mutually beneficial exchanges
C.
selling as much merchandise as possible
D.
choosing the right sponsors
Answer:
A. as much advertising to fans as possible
Explanation:
The event triangle is made up of these 3 components
1. The participants
2. The sponsors
3. The spectators
Here the fans represent the spectators. They are the most critical factor of the event triangle .
The spectators are those who the boy band would be playing for. They are the ones who would go out to watch the event.
The spectators become monetary when the advertisement gets them to buy tickets for the event. That is they pay a fee to watch the event.
Primarily they provide necessary financial support for the event plus the money made from adverts.
Dalia Ramirez Anchondo deposits $ 200 into her savings annuity every paycheck. She gets paid weekly. The credit union will pay Dalia 4% compounded quarterly. What is the future value of Dalia in 4 years.
Help me!!!!
Answer: $41,418.96
Explanation:
There are four quarters in a year and the interest rate is a yearly rate that should be converted to a quarterly rate:
= 4% / 4
= 1%
Delia gets paid $200 a week. There are 12 weeks in a quarter so the quarterly contribution is:
= 200 * 12
= $2,400
The number of quarters she invests is:
= 4 * 4years
= 16 quarters
As this payment is constant, it is an annuity.
Value after 4 years will be:
= Annuity * Future value interest factor of annuity, 1%, 16 periods
= 2,400 * 17.2579
= $41,418.96
Margaret invested $75,000
in a company. Now she
has $125,000.
What is the percentage
change?
[?]%
(Round your answer to the nearest percent.)
The percentage increase for Margaret's investment in this company is 67%.
The types of percentage change.In Mathematics, there are two (2) main types of percentage change and these include the following:
Percentage decreasePercentage increaseMathematically, percentage increase can be calculated by using this formula:
Percentage increase = [Final value - Initial value]/Initial value × 100
Substituting the given parameters into the formula, we have;
Percentage increase = [125,000 - 75,000]/75,000 × 100
Percentage increase = 50,000/75,000 × 100
Percentage increase = 0.667 × 100
Percentage increase = 66.7 ≈ 67%.
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You are a lender tasked with analyzing a company's loan request. To meet your loan criteria, the company must have:
a. Coverage ratio and leverage ratio in excess of 1x and 5x, respectively
b. The exceptions are Fintech, Technology, and Biotech firms, which qualify for a loan regardless of the coverage and leverage ratios
c. If the loan amount requested (expressed as a multiple of EBITDA) is greater than 25% of the company's industry EV/EBITDA, the approved loan amount will be limited to 25% of the company's industry EV/EBITDA
d. If the criteria for a loan are not met, output "Don't lend!"
e. For any industry selected, calculate the amount of approved loan expressed as a multiple of EBITDA in cell C25
To analyze the loan request, we will consider the following criteria: a. Coverage ratio and leverage ratio:
The company must have a coverage ratio (EBITDA to interest expense) in excess of 1x and a leverage ratio (total debt to EBITDA) not exceeding 5x. If the company meets these ratios, it is eligible for a loan.b. Exceptions for Fintech, Technology, and Biotech firms: These specific industries qualify for a loan regardless of their coverage and leverage ratios. Even if their ratios do not meet the criteria, they can still be approved for a loan. c. Loan amount limit: If the loan amount requested, expressed as a multiple of the company's EBITDA, exceeds 25% of the industry's EV/EBITDA (Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization), the approved loan amount will be limited to 25% of the company's industry EV/EBITDA.
d. Non-compliance: If the company fails to meet any of the loan criteria mentioned above, the output will be "Don't lend!" indicating that the loan cannot be approved. e. Loan amount calculation: For any selected industry, the approved loan amount will be calculated as a multiple of the company's EBITDA and displayed in cell C25. By evaluating these criteria, we can determine if the company's loan request can be approved based on its financial position, industry, and requested loan amount relative to industry benchmarks.
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Lenders must evaluate the financial health of the borrowing company using a set of ratios, such as the coverage ratio and leverage ratio. Exceptions exist for Fintech, Technology, and Biotech firms. The loan amount approved can't exceed 25% of the company's industry EV/EBITDA.
Explanation:As a lender, you'll need to analyze the potential borrower's financial ratios to decide on their loan request. Specifically, a company needs a coverage ratio and leverage ratio exceeding 1x and 5x, respectively, to qualify. However, exceptions apply to Fintech, Technology, and Biotech firms, which may qualify regardless of their ratios. If the loan request is greater than 25% of the industry's EV/EBITDA, the approved loan should be limited to this threshold. If the company doesn't fulfill or exceed these criteria, the lender should refuse the loan. For an arbitrary industry, you can calculate the company's approved loan multiple of EBITDA in cell C25.
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PLEASE TYPE IT OUT PLEASE N THANK YOU.
A community college that specializes in courses from the Arts, AV Technology, and Communications Cluster, as well as the Hospitality and Tourism Cluster, is putting together a bulletin board to celebrate the graduating class. They want to showcase the career that each student has chosen and tell a little bit about where they plan to work after school is over. If their classmates were to pop in for a quick visit, what would they likely find this graduate up to? Your job is to put together information on the students so that it can be used on the celebration bulletin board.
For the board, the college is asking you to feature 8 students: 4 from the Arts, AV Technology and Communications Cluster and 4 from the Hospitality and Tourism Cluster.
They want the name of each student, the student’s chosen career, and where the student plans to work after graduation. Each feature should note one task that the student could be found doing at their future job.
To complete this activity, submit your word processing document
Answer:
Arts, AV Technology, and Communications Cluster:
John Smith
Career: Graphic Designer
Plans to work at: ABC Advertising Agency
Task: Creating visually appealing designs for marketing campaigns and advertisements.
Emily Jones
Career: Web Developer
Plans to work at: XYZ Tech Firm
Task: Writing code and developing websites that are user-friendly and aesthetically pleasing.
Sarah Lee
Career: Video Production Specialist
Plans to work at: DEF Media Company
Task: Shooting and editing videos for various projects, including commercials, documentaries, and music videos.
Michael Rodriguez
Career: Public Relations Specialist
Plans to work at: GHI Nonprofit Organization
Task: Developing and implementing public relations strategies to promote the organization's mission and increase awareness.
Hospitality and Tourism Cluster:
Samantha Chen
Career: Hotel Manager
Plans to work at: JW Marriott Hotel
Task: Overseeing daily operations, managing staff, and ensuring guests have a comfortable stay.
David Kim
Career: Event Planner
Plans to work at: Eventful Productions
Task: Planning and executing events, including weddings, corporate events, and fundraisers.
Jennifer Garcia
Career: Travel Agent
Plans to work at: AAA Travel Agency
Task: Helping clients plan and book trips that meet their budget and preferences, including flights, hotels, and activities.
Ryan Patel
Career: Restaurant Manager
Plans to work at: Olive Garden
Task: Managing the restaurant's budget, hiring and training staff, ensuring food quality and customer satisfaction.
Ivie Clarke has decided to launch a numbers game like Sudoku. She estimates her fixed costs to be £5,000. The variable costs are £1.20 per game. She intends to sell the games for £5.00 each. Ivie estimates she will sell 1,400 games a month. 7 (a) What is her total revenue if she sells 1,400 games? (1) (b) What are her total costs if she sells 1,400 games?(1) (c) How much profit does she make if she sells 1,400 games?(1) 8 How many games does she need to sell to cover her total costs?(1) 9 In fact the fixed costs of the business were actually £5,500. How much profit or loss would Ivie make if she sold 1,400 games. (2)
Her total revenue if she sells the 1,400 games of the numbers game is £7,000.
What is revenue?The average sales price is multiplied by the quantity of units sold to arrive at revenue, which represents the money generated by normal business operations. Net income must be deducted from the top line (or gross sales) figure in order to be calculated. In the salary summary, revenue and sales are synonymous. To determine how effectively a business collects unpaid debt, it is critical to review the cash flow summary. Cash accounting, in comparison, only records purchases as revenue when actual money changes hands. "Receipt" is the term used to describe money provided to a business. For receipts to show, income is not necessary. For instance, there will be a receipt but no income from a customer who pre-paid for a service or goods that were never delivered.
Ivie's total revenue if she sells the 1,400 games is:
Revenue = Price per game x Number of games sold
Revenue = £5.00 x 1,400
Revenue = £7,000
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You are managing a project to build an urgent care clinic. Your company is expanding and has constructed 25 clinics so far. Which estimating technique makes the most sense to use in this situation?
Answer:
Delphi technique
Explanation:
The Delphi model is a technique of group communication in which a panel of experts reach consensus on a set of questions and discussions. This is used to predict or to forecast. First, choose an effective facilitator and experts with relevant expertise, and ensure that the issue is well established after that they reach with a decision
Therefore in the given case, the delphi technique is used
1.
In 2016, a market had sales of £350.000. In 2017, the market grew by 5%.
Calculate the new market size in sales value.
Answer:
The new market size in sales value is 367,500
Explanation:
Answer:
£367,500
Explanation:
the market was £350,000 in 2016.
in 2017, the market grew by 5%.
the new market size will 5% more than 2016.
if 2016 was 100%, 2017 will be 105%
2017 = 105% x £350,000
=105/100 x £350,000
=1.05 x £350,000
=£367,500
Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?
All of the following, with the exception of conditions, are required.
Describe insurance.One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.
An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.
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Insurance
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Which of the folliwng is FALSE ?
A. Even though we cannot use Bacward Induction directly, we can use Backward Induction idea to solve for SPE in an extensive form game with imperfect information
B. Every extensive form game with imperfect information has a unique pure strategy Subgame Perfect equilibrium
C. A bahavioural strategy of an agent assigns a probability to each action of an agent at a given information set
The false statement among the options given is: "Every extensive form game with imperfect information has a unique pure strategy Subgame Perfect equilibrium".
Extensive form games are games in which the timing of the actions of players is given by a game tree. Meanwhile, a subgame is a subset of the extensive game where each player has the possibility to take an action, and the outcome is based on that subgame. In other words, it is a smaller version of the original game that does not include the entire game tree.When discussing the equilibrium of a game, there are three types of equilibria in extensive games: Nash equilibrium, Subgame Perfect equilibrium, and Bayesian Nash equilibrium. In extensive games, there are no unique subgame-perfect equilibria in games with imperfect information. This is why the statement: "Every extensive form game with imperfect information has a unique pure strategy Subgame Perfect equilibrium" is FALSE.
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A football player on a 2 million dollar contract who refuses to show up to training camp because another similar football player has a contract for more money is an example of ________.
Answer:
Equity Theory.
Explanation:
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An example of differentiation by location is: a. Firms selling the same product at different outlets. B. Giving free information about the product. C. Change in the size, shape, or color of the product. D. Change in the texture and taste of the product. E. Using home delivery to increase revenue
An example of differentiation by location is A. Firms selling the same product at different outlets.
Differentiation by location refers to the strategy of offering variations of a product or service based on the specific location or outlet where it is sold. Let's examine each option to identify the correct example:
A. Firms selling the same product at different outlets:
This option is an example of differentiation by location. It means that multiple firms offer the same product but sell it at different locations or outlets. This strategy allows businesses to cater to different customer segments, target specific markets, or reach a wider audience by having multiple points of sale.
B. Giving free information about the product:
This option does not relate to differentiation by location. Providing free information about a product is a marketing strategy aimed at educating consumers or building brand awareness, but it does not involve offering different variations based on location.
C. Change in the size, shape, or color of the product:
This option refers to differentiation by product characteristics rather than location. Changing the size, shape, or color of a product is a strategy known as product differentiation, where variations in physical attributes aim to attract different customer preferences.
D. Change in the texture and taste of the product:
Similar to option C, this example pertains to product differentiation rather than differentiation by location. Altering the texture and taste of a product involves modifying its sensory attributes to cater to different consumer tastes or preferences.
E. Using home delivery to increase revenue:
This option describes a distribution strategy, but it does not directly involve differentiation by location. Home delivery is a method of delivering products to customers' residences, offering convenience and potentially increasing revenue. However, it does not focus on variations specific to different locations.
In conclusion, option A, which refers to firms selling the same product at different outlets, is the correct example of differentiation by location. This strategy allows businesses to adapt to varying market conditions and customer preferences based on the specific locations where they operate.
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Susan makes a purchase of $175 and is charged 7.75% for sales tax. What is the total cost of the purchase if Susan charges it on a credit card with a daily interest rate of 0.039% and pays the balance off at the end of 30 days
Answer:
$190.77
Explanation:
Given that:
Actual purchase price = $175
Sales tax = 7.75%
Total = actual price + sales tax
Total = actual sales price + (7.75% * Actual sales price)
Total = $175 + (0.0775 * $175)
Total = $188.5625
To pay with credit card at 0.039% daily interest for 30 days :
(188.5625 * 0.039% * 30) + 188.5625
2.20618125 + 188.5625
= $190.76868125
= $190.77
During January, Ajax Co. Incurs 1,850 hours of direct labor at an hourly cost of $11.80 in producing 1,000 units of its finished product. Ajax standard labor cost per unit of output is $22 (2 hours x $11.00). Compute the total, price, and quantity labor variances for Ajax Co. For January. Identify whether the variance is favorable or unfavorable?
Answer:
Std rate per hour: 11.00
Std hours = 1000*2 =2000
Actual hours = 1850
Actual rate = 11.80
Labor cost variance = Std cost - Actual cost
Labor cost variance = (2000*11) - (1850*11.80)
Labor cost variance = 170 Unfavorable
Labor rate variance = Actual hrs (Std rate - Actual rate)
Labor rate variance = 1850 *(11-11.80)
Labor rate variance = 1480 Unfavorable
Labor qty variance = Std rate (Std hrs-Actual hrs)
Labor qty variance = 11 (2000-1850)
Labor qty variance = 1650 Favorable.
Which of the following statements has resulted in changes in the role of management?
A. Most workers today show little initiative or creativity, so managers must spend more time directing their efforts
B. The marketplace is becoming global, which increases both competition and opportunities for cooperation and integration
C. Firms are recognizing that their workforces are too diverse, so managers must find ways to reduce diversity without violating federal laws against discrimination
D. The desire to encourage teamwork has resulted in larger, more cumbersome organizations with too many workers
The progressive managers of today: instead of imposing discipline and order, managers today emphasize teamwork and cooperation. Hence option A and D are correct.
What is thought to be one of the most pressing issues that managers face right now?One of the biggest challenges for managers is bridging the gap between them and their employees through efficient and timely communication. Because they have a big impact on their team's success, good managers need to improve their listening and speaking skills.
In what ways has management's role evolved over time?In today's world, managers must ensure that two to three people are waiting in line for each seat and that the right people are on the bus at the right time, in the right seats, with the right skills, at the right cost, with the right performance, and with the right level of engagement.
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Bridgette wants to have $325,000 when she retires in a year. If she currently has $300,000 to put in a 1-year CD, which of these APRS and compounding periods will allow her to reach her goal?
A. An APR of 8.03% compounded quarterly
B. An APR of 8.11% compounded semiannually
C. An APR of 8.02% compounded monthly
D. An APR of 8.01% compounded daily
Answer:D
Explanation:
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strategies to ensure development
Answer:
Understand the current position.
Reflect on how you got there.
Be clear about your corporate identity (mission, vision and values)
Analyse your strengths and weaknesses.
Analyse the business environment.
Identify and evaluate strategic options.
Set objectives.
Know Your Learning Style
if x times y equals 5023.21 then what does xy times
Answe
um......math
Explanation:
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megan, the marketing manager for boot hill wants to export the company’s line of fashion boots to an eu country. however, she discovers that there is a complete restriction on the import of any form of leather into that country. this is an example of
This scenario of Megan, the marketing manager is an example of a boycott.
The required details about the marketing manager are mentioned below.
Managers of marketing oversee advertising campaigns for companies and goods. Marketing managers work to increase awareness of your product or service and bring in new clients by creating appealing stories and running strategic campaigns.
It is advantageous to have a broad variety of marketing experience for this mid-level position. Marketing managers frequently organize and handle a wide range of tasks, including product launches, advertising, email campaigns, events, and social media. Additionally, you will develop marketing initiatives and campaigns, work cross-functionally, and produce marketing metrics reports.
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