Deming management proposed ideas for making organizations more responsive, more democratic, and less wasteful.
All organizations aim towards optimizing their processes to achieve the best environment to discharge their duties. Deming management is one of such businesses that optimize their processes.
They made their organization responsive by setting up processes that will enable the organization to respond more quickly to business needs. They also made their organization more democratic by making it easier for their employees to approach their bosses with business needs.Learn more about the roles of Managements here:
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Your friend, Caitlyn, does not think it is important to review her monthly credit card statement. Instead, she just sets up an automatic minimum payment on the 18th of each month. Convince Caitlyn that this is a bad idea.
Answer: This is a bad idea to set up a automatic minimum payment on the 18 of this month because it can be fraud risk, pricing disparities, minimum payment that is terrible. And in a cause to that, she has to pay extra, has to silly small fees, and picking the same day every month but will change due dates.
I will convince Caitlyn that this is a bad idea because the automatic minimum payment might not be favorable because it will create a backlog if repayment are not done as it is suppose to be paid,
The automatic minimum payment in this context means the automatic (standard) repayment plan of the loan borrowed.
Majority of borrowers are placed on the standard repayment plan because it is automatic.
However, the standard repayment plan might not be favorable because it will create a backlog if repayment are not done as it is suppose to be paid,
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What is market environment
Answer:
The market environment is the combination of external and internal factors that affect a company's ability to establish a relationship with and serve its consumers.
Explanation:
The internal factors relate to the company itself, such as owners, workers, materials, components, etc.
The external factors are divided into macro and micro components. The macro component is the broad environment which includes societal forces that affect society as a whole. The micro component is task-related, which includes factors that influence the production, manufacturing and distribution of a product or service.
's real GDP was billion in 2016 and billion in 2017. The population was million in 2016 and million in 2017. Calculate 's economic growth rate in 2017, the growth rate of real GDP per person in 2017, and the approximate number of years it will take for real GDP per person in to double if the 2017 economic growth and population growth rates are maintained.
Answer:
hope this helps
2.3 percent
Real GDP increased 2.3 percent in 2017 (that is, from the 2016 annual level to the 2017 annual level), compared with an increase of 1.5 percent in 2016 (table 1). The increase in real GDP in 2017 primarily reflected positive contributions from PCE, nonresidential fixed investment, and exports.
Explanation:
Leonard Technologies invests $ 62,000 to acquire $ 62,000 face value, 8%, fiveminusyear corporate bonds on December 31, 2014. The bonds will mature on December 31, 2019. The bonds pay interest semiannually on December 31 and June 30 every year until maturity. Assume Leonard Technologies uses a calendar year. Based on the information provided, which of the following will be included in the journal entry for the transaction on December 31, 2018?
a. a debit to Interest Revenue for $5,400
b. a credit to Interest Revenue for $2,700
c. a debit to Interest Revenue for $2,700
d. a credit to Interest Revenue for $5,400
Answer:
Find attached correct question that matches the options provided in this question:
The correct option is B, a credit to Interest Revenue for $2,700
Explanation:
The semiannual coupon interest receivable from the bond investment is the face value of $54,000 multiplied by 10% adjusted to reflect a six month revenue rather than a year a shown below:
semiannual interest receipt=$54,000*10%*6/12=$2,700
The $2,700 would be debited to cash as an income while also being credited to interest revenue ,hence option B is correct
SINGAPORE - Singtel will be implementing a wage freeze across the company, this year - except for operational and support staff - as part of a cost-cutting exercise by Singapore's largest
Group chief executive Chua Sock Koong said in a note to employees that the company
needed to brace itself for uncertainty because of the coronavirus outbreak and the weak
business sentiment.
Ms Chua said: “The management committee and I will each contribute at least half a month’s pay (to the Singtel Touching Lives Fund) while top management has been strongly urged to
make voluntary contributions of a quarter’s month’s pay.” She encouraged staff to give as well, adding that the company will match staff contributions dollar-to-dollar before directing the donations to the Community Chest’s Courage Fund and other beneficiaries working to fight the fall-out from the virus outbreak.
(a) Describe the THREE principles of Kant’s theory. (15 marks)
(b) Apply Kant’s theory to determine if the actions taken by Singtel CEO are considered ethical or not. (15 marks)
The three principles of Kant’s theory are the fact that the Transcendental Dialectic are known to be the soul, the world and God. The unique thing about the above ideas of reason is due to the fact that the reason is led by using the structure that posit objects which are said to be corresponding to those ideas.
When you Aapply Kant’s theory to determine if the actions taken by Singtel CEO, one is able to see that the motive (or means), and not consequence (or end), of an action is one that tells more on its moral value and thus it is ethical.
What are Kant's principles?Kant's moral philosophy is known to be one that is seen to be of the deontological normative theory.
It is one where he was said to have rejected the utilitarian idea which states that the rightness of an action is seen to be as a result of a function of how plentiful its outcome is.
Therefore, The three principles of Kant’s theory are the fact that the Transcendental Dialectic are known to be the soul, the world and God. The unique thing about the above ideas of reason is due to the fact that the reason is led by using the structure that posit objects which are said to be corresponding to those ideas.
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mo memememememes
first person to answer has a chance at brainlyest
give memes
second person gets brainlyest if first is stupid
Answer:
hi
Explanation:
Determine the missing amount:
Assets=Liabilities+owners Equity x 272000 573000
Based on the given amounts of assets and liabilities, the missing amount of Owner's equity is $301,000
How to find the equity?The Owners equity is one of the parts of the Accounting equation which is:
Assets = Liabilities + Owners Equity
The Assets in this instance is $573,000 and the Liabilities are $272,000.
The Owner's equity is the missing amount and it can be found as:
573,000 = 272,000 + Owners Equity
Owners Equity = 573,000 - 272,000
Owners Equity = $301,000
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select a business from any of three business sectors
A business from any three business sectors is industry. Businesses clearly differ in what they do.
Businesses are frequently classified according to their industry or sector. An industry is a group of businesses which are related in terms of their primary activity, such as car manufacturing or grocery sales. Smaller industries (such as car manufacturing) can be grouped to larger industry sectors (such as the manufacturing sector in general). An individual business is classified as belonging to a specific industry based on its primary activity.
As a result, this company would be classified as belonging to the automobile manufacturing industry rather than financial services.
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anyone here earn money from brainly and how
please guide me
Hi, you've asked an incomplete question. However, I assumed you want to know what Brainly platformed.
Explanation:
It is interesting to note that the Brainly platform is designed specifically for students to learn from their peers mostly free of charge, and it allows them to find answers to homework questions.
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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A graphic designer needs a laptop for audio/video editing, and notices that they can elect to pay for a Dell XPS laptop, or lease from the manufacturer for monthly payments of each for four years. The designer can borrow at an interest rate of % APR compounded monthly. What is the cost of leasing the laptop over buying it outright?
Based on the information given, the cost of leasing the laptop over buying it outright will be $399.06.
The following can be gotten from the complete information:
Monthly payment required for lease= 79
Time in months = 4 years = 4 ˣ 12 = 48
Interest rate =7% = 0.07
The Monthly interest rate (i) will be:
= 0.07/12= 0.00583
Then, the present value of the lease will be calculated. This will be:
= [79 × (1-(1/(1+0.00583⁴⁸)] / 0.00583
= 3299.06
Therefore, the cost of leasing over buying will be:
= present value of lease - cost of buying
= 3299.06 - 2900
= $399.06
Therefore, the correct option is $399.06.
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Which is the best description of authorized shares?
The best description of authorized shares is he total amount of shares that can be publicly traded.
What are shares?Shares are refers as common equity interest in a firm. Dividends from any earnings the business may make are payable to shareholders.
Authorised shares is refers as number of shares legally permitted to offer to investors. It also helps to decide how many of shares are available to issue to investors.
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Explain the types of utility and the role marketing plays in their creation.
Based on the marketing concept, various utilities seek to enhance the product's usefulness to customers in a way that persuades them to make a purchase. E.g. Form, time, place, etc.
What is Marketing Utility?Marketing Utility is a term that is used to describe the idea that the promising way to sell a product to a consumer is to show them how the product could provide value to their life.
Generally, Marketing Utility includes the integration of a product into a customer's lifestyle by underlining how it can figure out a problem related to the consumer's needs.
Types of Marketing Utility are:FormTimePlaceInformationAlso, the role of marketing in utility helps develop a value proposition of products that explains the unique benefits a commodity can provide to consumers.
Hence, in this case, it is concluded that Marketing Utility is vital in the product's sales.
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5. What common events could result in inventory shrinkage?
O A. Customers bought more inventory than the retailer planned
OB. Retailer ordered too many products
C. Product was stolen from the store
O D. Retailer forgot to order products
Answer:
C. Product was stolen from the store
Explanation:
Given that inventory, shrinkage is a situation that happens when the number of commodities in stock is lesser than the amount documented on the inventory record. This is usually caused by clerical errors, spoilt goods, or theft.
Hence, in this case, the common events that could result in inventory shrinkage are "Product was stolen from the store."
profit generated by corporations is known as ?
Answer: Net Income
Explanation:
Net Income is the profit made by a company after it has finished paying off all expenses including taxes and interest payments on debt.
Calculating the net income is the main purpose of the Income statement which is where we will see the expenses that the business is incurring and how much sales they are making to get such profits. This net income is then transferred to the Retained Earnings in the balance sheet.
Consider a budget line drawn with avocados on the vertical axis and tangerines on the horizontal axis. The consumer's income is $100, the price of avocados is $5, and the price of tangerines is $10. Suppose the consumer's income falls to $75.00, but the prices stay the same. The change in income produces a: Group of answer choices parallel shift inward of the indifference curves. new budget line which is steeper than the original one. parallel shift inward of the budget line. new budget line which is flatter than the original one.
Answer:
new budget line which is steeper than the original one.
Explanation:
I drew the both budget lines in order to show the effect of the decrease in income.
The new budget line shifts inward and it is slightly more steep than the original budget line because the consumer can only purchase 7 tangerines, he cannot purchase 7.5. This slight difference makes the slope steeper. The total possible quantity of avocados diminished by 25%, while the total possible quantity of tangerines diminished by 30%.
ABC Company had addition to retained earnings for the current fiscal year just ended of $395,000. The firm paid out $195,000 in cash dividend, and it has ending total equity of $5.3 million. The company currently has 170,000 shares of common stock outstanding. Please answer the following questions:
1. What are earnings per share (E/PS)?
2. Dividends per share?
3. Book value of share?
4. If the stock currently sells for $64 per share, what is the market-to-book ratio?
5. The price to earnings ratio (P/E)?
6. The company had sales of $5.15 million, what is the price to sales ratio (P/S)?
7. Finally, explain the implication of P/E ratio for different types of investors.
Answer:
ABC Company
1. E/PS = $3.47
2. Dividends per share = $1.15
3. Book value of share = $31.18
4. Market-to-book ratio = 2.05 : 1
5. Price to earnings ratio (P/E) = 18.44 times
6. Price to Sales ratio (P/S) = 2.11 times or 2.11 : 1
7. A high P/E ratio shows that a company's share is overvalued and vice versa. This knowledge will equip the investor to take position. Some investors are interested in the long-term growth of their investments. Others are interested in the short-term. With P/E ratio, an investor who is interested in the long-term growth can determine the market value and the future earnings growth. For those interested in short-term, they can know when the price is rising to sell off their investment and maximize profit.
Explanation:
Addition to retained earnings = $395,000
Dividend paid out $195,000
Net income $590,000
Ending Equity = $5.3 million
Beginning Equity = $4,905,000 ($5,300,000 - 395,000)
Outstanding common stock shares = 170,000
2) Earnings per share (E/PS) = Earnings or Net Income/ No. of outstanding shares = $590,000/170,000 = $3.47
3) Dividends per share = Dividends paid/ No. of outstanding shares = $195,000/170,000 = $1.15
4) Book value of share = Ending Equity/No. of outstanding shares = $5,300,000/170,000 = $31.18
5) Market-to-book ratio = Market price/book value = $64/$31.18 = 2.05 : 1
6. Price to earnings ratio (P/E) = Market price/EPS = $64: $3.47 = 18.44 times
7. Price to Sales ratio (P/S) = Market Capitalization/Sales Revenue = ($64 x 170,000)/$5,150,000 = 2.11 : 1
8. Market capitalization = Market price of shares multiplied by number of outstanding shares.
Farm products which are perishable and seasonal nature are supplied by
Answer:
★ Farm products which are perishable and seasonal nature are supplied by many producers.
Explanation:
Hope you have a great day :)
Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021:
Aug.1 Inventory on hand—2,100 units; cost $5.40 each.
8 Purchased 10,500 units for $5.60 each.
14 Sold 8,400 units for $12.10 each.
18 Purchased 6,300 units for $5.70 each.
25 Sold 7,400 units for $11.10 each.
28 Purchased 4,100 units for $5.80 each.
31 Inventory on hand—7,200 units.
Required:
Using calculations based on a periodic inventory system, determine the inventory balance Altira would report in its August 31, 2021, balance sheet and the cost of goods sold it would report in its August 2021 income statement using each of the following cost flow methods.
Using calculations based on a periodic inventory system, the inventory balance Altira would report in its August 31, 2021, balance sheet and the cost of goods sold it would report in its August 2021 Income Statement using the following cost flow methods are:
FIFO Method LIFO Method Weighted Average
Ending Inventory $41,450 $39,900 $40,640
Cost of Goods Sold $88,380 $89,930 $89,190
What are the inventory cost flow methods?The various inventory cost flow methods include:
LIFO (last in, first out)FIFO (first in, first out)Specific identificationWeighted-average cost.Inventory Costing:Date Activities Units Unit Cost Total
Costs Sales
Aug. 1 Inventory on hand 2,100 $5.40 $11,340
Aug. 8 Purchases 10,500 $5.60 58,800
Aug. 14 Sales (8,400) $12.10 $101,640
Aug. 18 Purchases 6,300 $5.70 35,910
Aug. 25 Sales (7,400) $11.10 $82,140
Aug. 28 Purchases 4,100 $5.80 23,780
Total inventory for sale 23,000 $129,830
Aug. 31 Inventory on hand 7,200
Inventory sales 15,800 $183,780
FIFO:
Ending inventory = $41,450 (3,100 x $5.70 + 4,100 x $5.80)
Cost of goods sold = Cost of goods available for sale - Ending inventory
= $88,380 ($129,830 - $41,450)
LIFO:
Ending inventory = $39,900 (2,100 x $5.40 + 5,100 x $5.60)
Cost of goods sold = $89,930 ($129,830 - $39,900)
Weighted Average:
Average cost = $5.645 ($129,830/23,000)
Ending inventory = $40,640 ($5.645 x 7,200)
Cost of goods sold = $89,190 ($5.645 x 15,800)
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Question Completion:FIFO, LIFO, and Weighted Average inventory methods.
accounting is the language of business
If you co-sign for a friend's credit card, what is the danger to you if your friend fails to pay?
A.
You might get secured credit.
B.
You might have to pay extra money in taxes.
C.
Your credit score might go down.
D.
Your credit score might go up.
Please select the best answer from the choices provided
A
B
C
D
Answer:
C
Explanation:
1. A formal report that shows what an individual owns, what an individual owes, and the difference between the two.
Answer:
A net worth statement
Explanation:
A net worth statement is a financial report/ document that shows the assets and liabilities - both short and long-term - of an individual or company. The net worth is the result of deducting liabilities from assets.
The net worth statement paints a picture of a person or an entity's current financial position. Assets represent what a person owns, while liabilities are what they owe.
A certain state uses the following progressive
tax rate for calculating individual income tax:
Income Progressive
Range ($) Tax Rate
0 - 10,000
3%
10,001 - 50,000 5%
50,001 - 100,000 5.5%
Calculate the state income tax owed on a $40,000
per year salary.
tax = $[?]
Round your answer to the nearest whole dollar amount.
Enter
The state income tax owed on the $40,000 salary should be $1,800.
The calculation of the state income tax owed on $40,000 salary should be:= 3% of $10,000 + 5% of $30,000
= $300 + $1,500
= $1,800
Therefore we can conclude that the state income tax owed on the $40,000 salary should be $1,800.
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Answer:
its 550
Explanation:
Suppose that the population of Mexico grew by 2.5% per year from 2013 to 2018. In which years were per capita real GDP growth positive?
Per capita real GDP was positive in 2014, 2015 and 2016.
What is per capita real GDP?
Per capita real GDP is real GDP growth divided by population growth. It is a measure of the standard of living of the country.
Per capita real GDP = real GDP growth / population growth
Real GDP growth = nominal GDP growth - price growth
What is the per capita GDP growth from 2013 to 2018?
2013: (2.9 - 1.5) / 2.5% = 0.56%
2014: (7.2 - 4.4) / 2.5% = 1.12%
2015: (6.1 - 2.8) / 2.5% = 1.32
2016: (8.3 - 5.4) / 2.5 = 1.16
2017: (8.8 - 6.7) / 2.5 = 0.84
2018: (7.1 - 5.0) / 2.5 = 0.84
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Add the following fractions and reduce to lowest terms. 7/34 + 31/34
Answer:
1 2/17
Explanation:
7/34+31/34=38/34=19/17=1 2/17
Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
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1. Assume two countries (Portugal & Britain) each produce wine and cloth. Given the following details with respect to resources required to produce each good in each country, answer the following questions. b. a. What is the opportunity cost of producing each good in each country? (4 Points) Draw the Production Possibilities Frontier for each country assuming no trade and 500,000 labor hours (use wine as the x-good). (10 Points) Provide an interpretation of the slope of the PPF in this example (8 Points) If these countries engaged in international trade, in what range would the relative prices have to be to ensure mutually beneficial trade, and which good would each country specialize in? (10 Points) e. Assuming the relative price with trade of wine is 0.67 cloth and the relative price of cloth is 1.48 wine, calculate the gains from trade and show on the PPFs the expanded consumption choices for each country. (16 Points) c. d. Country Production (1 Hour of Labor Time) Cloth Wine Portugal 2.85 Britain 3.4 5.3 4.2
a. The opportunity cost of producing wine in Portugal is 0.35 units of cloth, and the opportunity cost of producing cloth in Portugal is 2.85 units of wine.
b. The slope of the PPF represents the opportunity cost of producing one good in terms of the other. In this case, the slope of Portugal's PPF is -0.35, and the slope of Britain's PPF is -0.71.
c. If these countries engaged in international trade, the relative prices of wine and cloth would have to be within the range of Portugal's opportunity cost of producing wine (0.35 units of cloth) and Britain's opportunity cost of producing wine (0.71 units of cloth).
d. Assuming the relative price with trade of wine is 0.67 cloth and the relative price of cloth is 1.48 wine, then Portugal would specialize in producing wine and Britain would specialize in producing cloth. Portugal would export wine and import cloth, and Britain would export cloth and import wine.
How to explain the informationIf the relative price of wine were below 0.35 units of cloth, then Portugal would be able to produce wine more cheaply than Britain, and it would not be in Portugal's interest to trade. If the relative price of wine were above 0.71 units of cloth, then Britain would be able to produce wine more cheaply than Portugal, and it would not be in Britain's interest to trade.
The gains from trade are the increase in consumption that countries experience after they specialize and trade. In this case, the gains from trade are represented by the shaded area in the graph. The gains from trade are a result of the increased efficiency that is possible when countries specialize in the production of goods that they have a comparative advantage in.
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Which nims is management characteristic
Follows established processes for gathering, analyzing, assessing, sharing, and managing data?
Answer: Information and Intelligence Management
Explanation:
-What factors determine an individual’s ethics. For you, which factor has been the most significant?
Answer:
Individual's Cultural/Familys Ethics. Individuals Religion. Individuals Experiences. And Societal pressures. The Factor that has contributed most to my morals is Religous Background and Societal Pressure.
Explanation:
An individuals own ethics is largely founded upon what they are taught to value. This foundation begins at a young age, but is subject to change over time and experience. The first foundation of ethics is what your family values or what you are are taught to value. The second factor is Religion or world view. Everyone has a god or God all religions though will have a moral law. Societal pressure or what society thinks is ethically Just will pressure ones own ethics.
In 2009 GDP per capita in the United States was $41,099, whereas GDP per capita in Sri Lanka was $4,034. Suppose that income per capita in the United States has been growing at a constant rate of 1.8% per year. (Figure 1.4 shows that this is roughly true.) Calculate the year in which income per capita in the United States was equal to year 2009 income per capita in Sri Lanka.
The -28.7 year in which income per capita in the United States was equal to the year 2009 income per capita in Sri Lanka was 1981.
What is income per capita?Income per capita is a measure of the average income earned per person in a given area, such as a country, state, city, or household. It is calculated by dividing the total income of a geographic area by its population. It is often used to compare the wealth of different areas. Income per capita is a useful measure of economic well-being because it takes into account the size of the population, as well as the income.
The equation we need to solve is (41,099)(1.018ˣ) = 4,034, where x is the number of years.
We can rearrange this equation as
x = log₁.₀₁₈(4,034/41,099)
Solving this equation yields x = -28.7 years.
Therefore, the year in which income per capita in the United States was equal to the year 2009 income per capita in Sri Lanka was 1981.
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