Due to the stagnating economy, Shelly must find ways to cut expenses. A great way for her to do this is to decrease sales promotions and increase sales staff.
True
False
Answers
False. Decreasing sales promotions and increasing sales staff may not necessarily be a great way to cut expenses, as it depends on the specific circumstances of Shelly's business.
Cutting sales promotions may lead to a decrease in sales, while increasing the sales staff may increase labor costs. Instead, there may be other cost-cutting measures that could be more effective, such as reducing unnecessary overhead expenses or negotiating better prices with suppliers. Additionally, it may be beneficial to reevaluate the company's marketing and sales strategies to determine the most effective and cost-efficient ways to drive sales.
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Related Questions
In a mixed strategy? a. the payoffs are mixed during each round. b. the order of who chooses first is mixed. c. moves can be predicted. d. players try to avoid demonstrating a pattern.
Answers
In a mixed strategy players try to avoid demonstrating a pattern, Therefore, the correct option is D
Strategy
A strategy is a broad plan for achieving one or more long-term or overall goals in the face of uncertainty. In the sense of the "art of the general," which covered numerous subsets of talents such as military tactics, siegecraft, logistics, and so on. From then until the twentieth century, the term "strategy" grew to mean "a comprehensive means to try to attain political aims, including the threat or actual use of force, in a dialectic of wills" in a military battle involving both opponents.
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when benefit is constant, how to manipulate the cost to have
positive NPV (Net present value).
"
Answers
These are the following three measures to get a positive Net present value given below.
The concept of net present value (NPV) is employed to examine the feasibility of long-term investments or projects. NPV is defined as the difference between the present value of cash inflows and the present value of cash outflows. The NPV of a project is negative if the cost of the project exceeds the current value of its cash inflows.
For a project to have a positive NPV, its current value of cash inflows must be greater than the cost of the project. To achieve positive NPV when the benefit is constant, the cost must be lowered.
In order to get a positive NPV, a company must take the following measures:
Reduce the upfront cost: Decrease the initial cost of the project in order to increase the NPV. This may be achieved by lowering material or labor costs or finding a cheaper alternative.Reduce the long-term expenses: By minimizing operating and upkeep costs, you may maximize your NPV. Using less energy, for example, lowers energy bills and increases cash inflows. Similarly, utilizing eco-friendly equipment or reducing labor costs via automation may help minimize long-term expenses.Reduce the discount rate: The present value of future cash inflows is influenced by the discount rate. The present value of future cash flows will increase if the discount rate is decreased. By decreasing the discount rate, a company can boost NPV.Learn more about Net present value from the given link.
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Quebec supplies roughly 75% of the world’s supply of what?
Answers
Answer:
Explanation:
Quebec supplies roughly 75% of the world's supply of maple syrup. The province of Quebec in Canada is known for its vast forests of maple trees and is responsible for the majority of the world's maple syrup production. The syrup is produced by tapping the trees, collecting the sap, and boiling it down to concentrate the sugar. Quebec's reputation for high-quality maple syrup, combined with its large-scale production, has made it the dominant global supplier of the sweet, sticky syrup.
Fill in the gaps using second conditional. /2
If she (know) __________ the answer, she would win the prize.
If I (be) ___________ a rich man, I would buy a Mercedes Benz.
They would stay longer, if they (has) _________ more time.
If I (understand) __________ what the teacher said, I could tell you.
plz tell hurry
Answers
Answer:
knew
were
had
understood
An individual wishes to have a fixed portion of the portfolio liquidated each month. He or she should elect which type of withdrawal plan?
A. Fixed shares
B. Fixed period
C. Fixed percentage
D. Fixed dollar
Answers
If an individual wishes to have a fixed portion of their portfolio liquidated each month, they should elect a fixed dollar withdrawal plan. This type of withdrawal plan allows the individual to specify the exact amount they want to withdraw from their portfolio each month, regardless of any fluctuations in the portfolio's value. The correct option is d.
With a fixed dollar withdrawal plan, the individual can maintain a steady income stream and have greater control over their spending. This type of plan is particularly useful for retirees or individuals who are relying on their portfolio for income, as it allows them to budget and plan accordingly.
It's important to note that while a fixed dollar withdrawal plan can provide a steady income stream, it does come with some risks. If the portfolio experiences significant losses, the fixed dollar withdrawals may deplete the portfolio more quickly than anticipated. To mitigate this risk, individuals may want to consider setting a maximum withdrawal rate as a percentage of the portfolio value or adjusting the fixed dollar amount periodically based on the portfolio's performance.
Overall, a fixed dollar withdrawal plan can be a useful strategy for individuals who want a consistent income stream from their portfolio, but it's important to consider the risks and adjust the plan as necessary to ensure long-term sustainability.The correct option is d.
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He said," I don't like you" change in indirect speech
Answers
Answer:
whether'.
Explanation:
What does a computer forensic specialist do?
Design home security systems
Design large security systems for businesses
Work in network and computer security
Hack into computer systems
Answers
Answer:
a computer forensics specialist is an information technology professional who collects and analyzes data from computers and electronic media to be used as legal evidence in criminal investigations.
Explanation:
3rd sentence
the competition in food retailing could best be characterized as which of the following?
a) lax
b) average
c) fierce
Answers
The competition in food retailing could best be characterized as fierce. Therefore, the correct option is C.
This is because there are numerous players in the food industry, ranging from large national chains to small independent stores, all vying for the same customers. The food retail industry is highly competitive due to several factors, such as a large number of players in the market, low-profit margins, and consumer demands for low prices and high-quality products.
Additionally, consumers have become increasingly price-sensitive and demanding in terms of quality, selection, and convenience, which has only intensified the competition. In order to succeed in this market, retailers must constantly innovate and differentiate themselves from their competitors, making it a highly competitive and challenging industry. Food retailers must constantly adapt to changing market trends and consumer preferences, further intensifying the competition.
Hence, the correct answer is option C: Fierce.
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the north american industry classification system (naics) designates industries with a numerical code in a defined structure. a six-digit coding system is used. the first two digits designate
Answers
The north American industry classification system designates industries with a numerical code in a defined structure. a six-digit coding system is used. the first two digits designate an industry subsector
The industry refers to a more specific group of companies or businesses, while the term sector describes a large part of the economy. The terms industry and sector are often used interchangeably to describe groups of companies operating in the same segment of the economy or doing similar types of business.
In the three-sector model of economics, he divides the economy into three sectors of activity. A service industry that exists to facilitate the transportation, distribution, and sale of goods consumed by the extractives (primary), manufacturing (secondary), and secondary sectors. produced (tertiary).
An industry is a group of companies related to a primary activity, such as manufacturing automobiles or selling food. Smaller industries (such as automotive) can be grouped into larger industry sectors (such as manufacturing in general).
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Businesses use firewalls to protect their networks from internal threats.
O True
False
Answers
Correct on ED2022
David Fisher, a recently retired corporate executive, is becoming restless in his new role and would like to make this transition smoother by participating in the business community in some limited manner. Since David is financially secure and primarily interested in some sort of volunteer work, he should consider becoming involved with which of the following SBA programs?
a. ACE
b. SBIC
c. SBDC
d. SBI
e. SCORE
Answers
Answer:
E. Score
Explanation:
What is the area of the triangle below?
4
18
Answers
The inverse, or negative, relationship between price and quantity demanded is known as the law of ______.
Answers
The inverse, or negative, relationship between price and quantity demanded is known as the law of demand.
What is the law of demand?According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded. There is an inverse relationship between price and quantity demanded.
The inverse relationship between price and quantity demanded is the reason why the demand curve is downward sloping. The demand curve depicts the relationship between price and quantity demanded.
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Expenses that need to be paid before a new business can open are called
O operating expenses
O start-up costs
O ending Inventory
Po beginning inventory
Answers
Answer:
O start-up costs
Explanation:
Start-up costs are the expenses incurred in setting up a business. They include registration fee, legal fee, office rent, inventory, cost of hiring workers, office furniture expenses, and related logistics costs. Start-up costs are also called start-up capital.
Start-up costs are incurred by the business owner. In most cases, start-up costs come from the owner's savings but could also be borrowed funds.
The costs per equivalent unit of direct materials and conversion in the rolling department of oak ridge steel company are 180 and 62
Answers
Answer:
Equivalent units of direct materials= $180 per tons
Equivalent units of conversion =$62 per tons
Explanation:
Calculation to Determine the direct materials and conversion costs per equivalent unit.
Using this formula
Equivalent units of direct materials=Cost of direct materials transferred/Total equivalent units for direct materials
Let plug in the formula
Equivalent units of direct materials= $432,000/2,400
Equivalent units of direct materials= $180 per tons
Therefore the direct materials cost per equivalent unit will be $180 per tons.
Calculation for Equivalent units of conversion using this formula
Equivalent units of conversion=Conversion cost /Total equivalent units for Conversion
Let plug in the formula
Equivalent units of conversion=$144,150/2,325
Equivalent units of conversion= $62 per tons
Therefore the conversion cost per equivalent unit will be $62 per tons.
Jackie has been selling gold rings for $50 each. her cost for the rings was $25. she learns that another store on the other side of the mall sells gold rings for $40. what information should jackie consider before deciding if she should change her price?
Answers
When adjusting the price of an established product, Jackie should have knowledge of the pricing considerations and strategies
What are the different types of pricing strategies?
There are 4 types of pricing strategies as follows :
Premium pricing strategySkimming pricing strategyValue pricing strategyPenetration pricing strategy.In the aforesaid scenario, Jackie will employ a value pricing approach, in which he will reduce the product's cost in order to attract buyers, hence increasing the product's perceived worth.
Thus,
Pricing strategies information should be considered before introducing any changes in the price of the product.
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If corn and cotton are substitutes in production, a fall in the price of corn will cause the supply of cotton to ______
Answers
If corn and cotton are substitutes in production, a fall in the price of corn will cause the supply of cotton to increase.
What is substitutes in production?
Two or more products that can be created using the same resources are considered substitutes-in-production. Sellers are prevented from using resources to make another good when they produce one. Produce either the first or the second, but not both. Producing alternative crops like corn or soybeans is a common challenge for farmers.
Therefore,
If corn and cotton are substitutes in production, a fall in the price of corn will cause the supply of cotton to increase.
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Assume that at December 31, 2015, management determined that it will be unable to collect $1,200 owed to it by its customer Acme, Inc. On September 15, 2016, a check in the amount of $600 was unexpectedly received from Acme. Management does not expect any future collections from Acme. (This company uses the allowance method to account for uncollectible accounts.) Prepare the necessary September 15 journal entry by selecting the account names and dollar amounts from the drop-down menus. (Use a compound entry instead of preparing two separate journal entries.)
Answers
Answer:
account receivables 600 debit
allowance for doubful account 600 credit
--to revert the write-off--
cash 600 debit
account receivables 600 credit
--to record the payment from Acme Inc--
Explanation:
The company will revert the write-off of Acme. Inc account and then record a collection as usual
We use the allowance account as previously the company did as follows:
allowance for doubful account 1,200 debit
account receivables 1,200 credit
to write-off the account.
We reverse this by the amount paid by Acme which is 600
Then, we record receiving the cash (debit) and decreasing the account receivable (credit)
Emergency funds are calculated based on: A.) Retirement Planning B.) Monthly Expenses C.) Monthly Income D.) Investing for College
Answers
Answer:
B
Explanation:
Answer:
B
Explanation:
Use the sum-of-year depreciation method to calculate the depreciation for the
following scenario. Company XYZ bought a new machine for $100,000 and
expects the machine will last for 10 years.
Answers
Answer:
20%
Explanation:
How to Calculate Straight Line Depreciation
The straight line calculation steps are:
Determine the cost of the asset.
Subtract the estimated salvage value of the asset from the cost of the asset to get the total depreciable amount.
Determine the useful life of the asset.
Divide the sum of step (2) by the number arrived at in step (3) to get the annual depreciation amount.
Straight Line Example
Company A purchases a machine for $100,000 with an estimated salvage value of $20,000 and a useful life of 5 years.
The straight line depreciation for the machine would be calculated as follows:
Cost of the asset: $100,000
Cost of the asset – Estimated salvage value: $100,000 – $20,000 = $80,000 total depreciable cost
Useful life of the asset: 5 years
Divide step (2) by step (3): $80,000 / 5 years = $16,000 annual depreciation amount
Therefore, Company A would depreciate the machine at the amount of $16,000 annually for 5 years.
The depreciation rate can also be calculated if the annual depreciation amount is known. The depreciation rate is the annual depreciation amount / total depreciable cost. In this case, the machine has a straight-line depreciation rate of $16,000 / $80,000 = 20%.
Sometimes a liquid can be sitting there and its molecules will become a gas. That’s called
___________________________________________.
Answers
Answer:
Una vez que toda la sustancia está en estado líquido, al continuar calentando vuelve a subir la temperatura y llega un momento en que las fuerzas intermoleculares ya son incapaces de mantener juntas las moléculas del líquido, por lo que éste hierve y se convierte en un gas, se produce la ebullición.
Some banks pay interest only on the minimum or smallest balance on deposit during an interest period. Helen Lamb had a balance of $783 in such an account on July 1. Annual interest is 2.7% compounded quarterly. She withdrew$170 on August 17 and deposited $200 on September 12. What was Helen’s minimum balance during the quarter?
Answers
Helen's minimum balance during the quarter was $613.
What is Minimum Balance in Account?According to the terms and conditions of the account agreement, a customer is required to keep the smallest amount of money in their account for a predetermined amount of time. This amount is known as the minimum balance in an account. Depending on the type of account and the bank's policies, the minimum balance can be set at a certain amount or it can change.
Plugging in the values, we get:
A = 783(1 + 0.027/4)^(4*(3/12))
A ≈ $791.13
So the balance at the end of the quarter, before the deposit, was about $791.13.
Next, we need to figure out the impact of the withdrawal and deposit:
August 17: Helen withdrew $170, leaving a balance of $783 - $170 = $613.
September 12: Helen deposited $200, bringing the balance to $613 + $200 = $813.
We can conclude that the minimum balance was $613 because the balance on July 1 was higher than the estimated balance at the end of the quarter, which was $791.13.
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If last year’s NFO is $103116, the current year’s free cash flow is $65577, current year’s net financial income is $12650 and current year’s net dividends are $16560, what is the current year’s NFO?
Answers
Current year’s NFO can be calculated by adding current year’s free cash flow to the current year’s net financial income and subtracting the current year’s net dividends from it. Therefore, the current year’s NFO is calculated as follows :
Current year’s NFO = Free cash flow + Net financial income - Net dividends= $65577 + $12650 - $16560= $61667
Thus, the current year’s NFO is $61667.
The net financial outcome (NFO) is an accounting metric that represents the difference between a company's financial revenues and costs. The net financial result may be a positive or negative value. The net financial outcome is arrived at by subtracting financial costs from financial income. The financial expenses, financial revenues, and the net financial result are the three components of the profit and loss statement that reveal a company's financial outcomes.
The financial outcome may be the main metric used to assess a company's ability to earn money from its financial investments. If the current year's net financial income is $12650 and the net dividends for the current year are $16560, the company's free cash flow would be $65577, and the previous year's net financial outcome was $103116. To calculate the current year's NFO, add the current year's free cash flow to the current year's net financial income and subtract the current year's net dividends from it, resulting in $61667. Therefore, the current year's NFO is $61667.
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Not yet answered Marked out of 1.00 Flag question Which of the following is one of the three key questions to ask in order to create a productive agenda? Select one: O a. Who should be prepared to supply information? O b. What are the goals of the meeting? c. How long will the meeting take? d. Who should attend the meeting? e. What will be considered a successful meeting?
Answers
In order to create a productive agenda, the following three key questions must be asked:What are the goals of the meeting?Who should attend the meeting?What will be considered a successful meeting.
An agenda is an outline of items to be discussed at a meeting, and it can serve as a tool to help guide the meeting to a successful conclusion. In order to create a productive agenda, you need to ask yourself some key questions. One of these key questions is what are the goals of the meeting.
Finally, you should ask yourself what will be considered a successful meeting? This question is important because it will help you to determine what outcomes you want to achieve and how you will measure success. Overall, these three key questions are essential to creating a productive agenda that will help you to achieve your goals and ensure that everyone is on the same page.
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Wheb applying varnish ,always ___________the parts of the product
Answers
When applying varnish, always important to thoroughly clean and prepare the parts of the product to ensure a smooth and even finish.
This means removing any dust, dirt, or debris from the surface and ensuring that it is dry before applying the varnish. It is also important to sand the surface to create a smooth and even texture and remove any imperfections or rough spots. This will help the varnish to adhere properly to the surface and prevent any bubbles or bumps from forming during application.
In addition, it is important to apply the varnish in thin, even coats, allowing each layer to dry completely before applying the next. This will ensure that the finish is smooth and even, without any streaks or blotches. It may also be necessary to sand between coats to create a smooth surface and remove any imperfections.
Overall, the key to applying varnish is to take your time and ensure that you are properly preparing the surface and applying the varnish in a careful and controlled manner. With the right tools and techniques, you can achieve a beautiful and long-lasting finish that will protect and enhance your product for years to come.
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How much interest would a person pay to borrow $700 for 9 months at 10 percent?
Answers
The principal is Rs 10,000, the interest rate is 10%, and the loan term is six years. The simple interest can be calculated as follows: A = 10,000 (1+0.1*6) = Rs. 16,000. Interest is 16000 divided by 10,000, or Rs. 6,000.
What is interest rate?The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate.
The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.
The interest rate over a year is known as the annual interest rate. Other interest rates are applicable over shorter time frames, such a day or a month, but they are typically annualized.
An index of the preference for a dollar of present over a dollar of future has been used to describe the interest rate.
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Why can wholesalers afford to offer trade discounts?
Answers
Answer:
Wholesalers buy products from manufacturers at a lower price than other businesses because they receive discounts for volume buying.
Explanation:
I have no explanation really to say. Thats just the answer.
Likely Oil Company owns the working interest in a small lease in Louisiana that has a
1/5 royalty interest. The royalty interest owner is Mr. Neal. Likely also owns the working
interest in numerous leases in Texas. Not having the facilities in Louisiana to develop the
Louisiana Lease, Likely assigns its entire working interest in the lease to Jones for a
consideration of $400,000, and retains a 15% overriding royalty. Assuming revenues of
$800,000 and costs of $500,000 for the first year of operations the working interest
owner will receive in revenue the first year of operation this amount. $___________.
Answer: 544,000
How to get the $544,000
Answers
The answer provided is $544,000. A company is an organization or entity engaged in business activities with the goal of generating profits.
To calculate the amount the working interest owner will receive in revenue for the first year of operation, we need to consider the various interests and deductions involved.
Calculate the gross revenue:
Gross Revenue = Revenues - Costs
= $800,000 - $500,000
= $300,000
Determine the net revenue for the working interest owner:
Net Revenue = Gross Revenue - Royalty Interest - Overriding Royalty
= $300,000 - Royalty Interest - Overriding Royalty
Calculate the Royalty Interest:
Royalty Interest = Gross Revenue * Royalty Interest Percentage
= $800,000 * 1/5
= $160,000
Calculate the Overriding Royalty:
Overriding Royalty = Gross Revenue * Overriding Royalty Percentage
= $800,000 * 15%
= $120,000
Calculate the net revenue for the working interest owner:
Net Revenue = $300,000 - $160,000 - $120,000
= $20,000
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The final step of the strategic training and development process involves _____.
Answers
The final step of the strategic training and development process involves identifying measures or metrics.
What is meant by strategic planning?This is the term that is used to refer to the ways that the leaders or the decision makers in a given organization would have to define the vision that they have for the company and also have to identify the objectives and the ways they hope to achieve them.
Hence we can say that the The final step of the strategic training and development process involves identifying measures or metrics.
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b) State the minimum monthly income and hourly wage per worker needed to cover monthly expenses for the family you used in part a. Then, explain how to calculate the hourly wage based on the monthly income and state the hourly wage. Assume that each full-time worker works four 40-hour work weeks per month, and each part-time worker works two 40-hour weeks per month.
Answers
Answer:
Minimum monthly income for a full-time employee\(= \$ 7,846.40\)
Minimum monthly income for a part-time employee\(= \$ 7,846.40\)
Per hour for a full-time employee\(=\$49.04\)
per hour for a part-time employee\(=\$98.08\)
Explanation:
To accurately answer this question, let's review the facts provided.
A family of two adults and three children in the Modesto metro region pays \(\$ 7,846\) a month.A full-time worker is someone who works 40 hours per week for 4 weeks each month.A part-time worker is someone who works 40 hours a week for 2 weeks a month.Consider calculating the worker's minimum monthly income as well as his or her average hourly compensation.
Hourly wage of a full-time worker:
\(= \frac{Monthly\ costs}{160}=\frac{7,846}{160}=\$ 49.04\)
Minimum monthly income for a full-time worker: \(= Hourly\ wage \times 160=\$ 7,846.40\)
Hourly pay for a part-time worker:
\(=\frac{Monthly\ costs}{80}=\frac{7,846}{80}=\$98.08\)
Minimum monthly income for a part-time worker:\(= Hourly \ wage \times 80=\$ 7,846.40\)