Answers
We may have collective control over the decisions that impact us thanks to consensus. Its core is a courteous conversation between equals in which participants cooperate to address everyone's needs.
Consensus-building guarantees that all parties' interests are protected. The participants make the final decisions, therefore this is possible. Each party has the opportunity to ensure that their interests are taken into account in the agreement and are involved in its approval. Consensus evaluates each cooperate proposal separately. At come to the best conclusion for the group, everyone cooperates. Until all the voices are heard, every issue is brought up and handled.
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Related Questions
You chose to upgrade the inventory management system. While this is definitely an important need, it doesn't impact customers shopping experiences directly, and the number of customer complaints continues to pile up. Next, you need to select an ERP provider that includes an inventory management, as well as other features such as pos that you will need to address down the road. The ERP you choose needs to meet all of your needs so that the different facets of the systems integrate smoothly. The number of ERP providers is overwhelming. Each seems to offer similar services and tools. You decide to focus on one indicator that will help you differentiate between the options. What factor do you prioritize? O Price O Level of support included
Answers
To integrate the ERP that will meet my all need, I will focus on those ERPs that has included support. The level of support would be a top priority and then the price will be the second priority when choosing the ERP.
To upgrade the inventory management system, with the ERP that will help in solving customer complaints. I will choose only that ERP which provides support. This support may be linked with ERP functionality, technical support, or customization according to our needs. When choosing the ERP for the organization, the level of support should be the top priority and price would be the second priority.
ERP is a type of software system that enables firms to automate, manage, and coordinate business activities to achieve the best performance. It can integrate a company's financials, operations, supply chain, commerce, manufacturing, reporting, and human resources function onto a single platform.
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PLEASE HURRY 90 POINTS AND BRAINLIEST TO WHOEVER ANSWERS
Trade School vs. College - How to Decide?
The choice to go to college or choose a trade school is a huge decision you may need to make in the near future. There are a lot of factors to consider when making this choice, so it is a good idea to start reading about the advantages and disadvantages of college and trade schools. Each path can lead to success depending on what you want to do with your life.
After reading the article, make your own list of pros and cons for both trade school and college. Highlight the most important details that will help you make your decision.
Next, develop a basic career and education plan. Your plan should briefly outline the following:
Any long and short-term goals for your education and career future
What high school and college programs might help you reach your goals
This plan can be created in any word processing program.
Once you have completed your list of pros and cons and developed your career and educational plan, answer the following questions:
The article states, “In the past, there may have been some stigma about trade schools not being a viable option to pursue well-paying, long-term careers. However, times have changed! Now more than ever students are looking for alternative education options that allow them to complete school on a faster timeframe with less financial investment.” A stigma is defined as a mark of disgrace associated with a situation or person. What does the author mean by saying that in the past there may have been some stigma about trade schools? Why do you think this stigma existed?
Why do you think this article was written? Does it seem that the author favors trade school and college as equally enriching experiences? Why?
How did the author organize the information? Did the structure of the article help you see the clear pros and cons of trade schools and colleges? Why?
What is the author’s point of view? Analyze and discuss how they distinguish their point of view from others.
What are two (or more) central ideas in this text? How are these ideas developed over the course of the article?
If you had to choose a path right now—college or trade school—which would you choose? Include details from the article that helped sway your decision.
How College Loans Exploit Students for Profit
Explain the issue Samuel discusses that has 40 million Americans in debt.
Samuel mentions three truths that you can’t ignore—briefly explain at least one of the following truths:
What is Income-Based Tuition? Discuss the three advantages to Income-Based Tuition.
4 Pillars of College Success in Science
Why did Hrabowski join the Children’s Crusade in Birmingham? What was the most important lesson that he learned?
Hrabowski states, “…most people don’t realize that it’s not just minorities who don’t do well in science and engineering.” Please explain this statement and give a brief summary regarding how Hrabowski supports this statement.
Why do students who attend the most prestigious universities in our country begin in pre-med or pre-engineering and engineering but end up changing their majors?
Explain the four things that Hrabowski’s university did to help minority students that are now helping all students?
Answers
The author of the article on trade schools versus college is encouraging students to weigh their options and make a decision based on what they want to do with their lives.
In the past, trade schools had a stigma attached to them as not being viable options for well-paying, long-term careers. However, now more than ever, students are looking for alternative education options that allow them to complete school in a faster timeframe with less financial investment.
The author wrote this article to provide information for students to make an informed decision. The author is not biased towards either college or trade schools but presents both as enriching experiences. The article is structured in a way that organizes the information in a clear and concise way, allowing the reader to see the pros and cons of both trade schools and colleges.
The author's point of view is that students should choose the path that best aligns with their goals and aspirations. They make it clear that college and trade schools can lead to success, depending on what the student wants to do with their life.
Two central ideas in the article are that both college and trade schools can lead to success, and students should choose the path that best aligns with their goals. These ideas are developed over the course of the article by providing pros and cons for both paths and discussing the importance of making a decision based on one's aspirations.
If I had to choose a path right now, I would choose college. This is because I am interested in pursuing a career in medicine, which requires a college degree. The article helped sway my decision by providing information on the advantages of college, such as the wide range of career options and opportunities for networking.
In "How College Loans Exploit Students for Profit," Samuel discusses the issue of student debt, which has left 40 million Americans in debt. One of the truths that Samuel mentions is that the student loan industry is a $100 billion industry that is making profits off of students.
Income-Based Tuition is a tuition payment option where the amount a student pays for tuition is based on their income. The three advantages of Income-Based Tuition are that it reduces the financial burden on students, it encourages students to pursue higher education, and it makes education more accessible to low-income families.
Hrabowski joined the Children's Crusade in Birmingham to protest against racial segregation and discrimination. The most important lesson he learned was the power of unity and how students can make a difference when they work together.
Hrabowski's statement means that there is a misconception that only minorities struggle in science and engineering when in reality, it is a problem that affects everyone. Hrabowski supports this statement by discussing the initiatives that his university has taken to help all students succeed in science and engineering.
Students who attend prestigious universities often begin in pre-med or pre-engineering because of societal pressure or the perceived status of these fields. However, they often end up changing their majors because they realize that their true passions lie elsewhere.
The four things that Hrabowski's University did to help minority students that are now helping all students are creating a supportive and inclusive community, providing mentorship opportunities, offering resources and support services, and promoting the importance of education.
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A Market share is usually stated as a
Answers
Answer:
stock
Explanation:
a stock is a a share of a company
What was the decision of the Supreme Court in kelo v.city of New London
Answers
Answer:
Court held that the general benefits a community enjoyed from economic growth qualified private redevelopment plans as a permissible "public use" under the Takings Clause of the Fifth Amendment
edmentum
Windborn Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock.
The following amounts were distributed as dividends:
20Y1 $30,000
20Y2 12,000
20Y3 45,000
Common Stock
(dividends per share)
I cannot figure out Y1 or Y3
Answers
The dividends per share for the common stock in year 1 (Y1) is $0.60 per share, and in year 3 (Y3) is $0.90 per share.
To calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3), we need to determine the total dividends distributed and divide them by the number of common shares outstanding.
Given information:
Cumulative preferred stock: 15,000 shares, 1% dividend
Common stock: 50,000 shares, $30 par value
Dividends distributed:
Y1: $30,000
Y2: $12,000
Y3: $45,000
First, let's calculate the dividends per share for the cumulative preferred stock in each year.
Dividends per share for cumulative preferred stock = (Par value * Dividend rate) / Number of preferred shares
Dividends per share for cumulative preferred stock = ($100 * 1%) / 15,000 shares
Dividends per share for cumulative preferred stock = $1 / 15,000
Dividends per share for cumulative preferred stock = $0.000067 per share
Now, let's calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3).
For Y1:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $30,000 - ($0.000067 * 15,000)
Total dividends for common stock = $30,000 - $1.005
Total dividends for common stock = $29,998.995
Dividends per share for common stock in Y1 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y1 = $29,998.995 / 50,000 shares
Dividends per share for common stock in Y1 = $0.5999799 per share (rounded to $0.60 per share)
For Y3:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $45,000 - ($0.000067 * 15,000)
Total dividends for common stock = $45,000 - $1.005
Total dividends for common stock = $44,998.995
Dividends per share for common stock in Y3 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y3 = $44,998.995 / 50,000 shares
Dividends per share for common stock in Y3 = $0.8999799 per share (rounded to $0.90 per share)
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If a French bank opens a new branch office in California, where does this transaction appear in the balance of payments accounts
Answers
Answer:
Either U.S or france
Ayala Inc. has conducted the following analysis related to its product lines, using a traditional costing system (volume-based) and an activity-based costing system. Both the traditional and the activity-based costing systems include direct materials and direct labor costs.
Products Sales Revenue Traditional ABC
Product 540X 198,200 54,440 45,520
Product 137Y 158,700 49,090 39,290
Product 249S 83,190 11,290 30,010
Required:
a. For each product line, compute operating income using the traditional costing system.
b. For each product line, compute operating income using the activity-based costing system
Answers
Solution :
a). Operating the income using traditional costing system
Products Sales revenue($) Traditional($) Operating income($)
( A ) ( B ) ( A - B )
540X 198,200 54,440 143,760
137Y 158,700 49,090 109,610
249S 83,190 11,290 71,900
b). Operating income using the activity-based costing system
Products Sales revenue($) Traditional($) Operating income($)
( A ) ( B ) ( A - B )
540X 198,200 45,520 152,680
137Y 158,700 39,290 119,410
249S 83,190 30010 53,180
How important are structure and culture compared to the other primary internal considerations for a strategic plan?
Answers
Structure and culture are among the primary internal considerations for a strategic plan. The importance of structure and culture cannot be undermined, as they both play an important role in the success of a company's strategic plan. Although there are other factors that may contribute to the success of a strategic plan, structure and culture are vital. They can be used to leverage the strengths of an organization to achieve its goals.
Structure refers to how an organization is organized and the interrelationships between different departments. A company's structure determines how information flows within the organization, and how employees interact with one another.
An effective structure enables employees to work together efficiently, leading to a higher level of productivity.
Culture refers to the set of values, beliefs, and attitudes that guide the behavior of an organization's members. A positive culture promotes employee engagement, which is essential for achieving an organization's goals.
A company's culture can influence how it deals with problems, how employees communicate with each other, and how they make decisions, among other things.
In conclusion, structure and culture are essential components of an organization's strategic plan.
By investing in a positive culture and a well-defined structure, companies can increase employee engagement, productivity, and ultimately, achieve their goals.
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Which situation is an example of indirect taxation?
OA. Stores charge sales tax on each purchase and give that money to
the government.
OB. Homeowners must pay a percentage of their home's worth to the
government.
OC. Businesses must send a portion of their income each year to the
government.
OD. Every citizen sends the government money to support the armed
forces.
SUBMIT
Answers
Option A is the correct answer. Indirect taxation is the situation where taxes are imposed on products or services and not directly on individuals. Therefore, the example of indirect taxation in the situation given is when stores charge sales tax on each purchase and give that money to the government.
Stores charge sales tax on each purchase and give that money to the government is an example of indirect taxation.Indirect taxation is a method of taxation in which individuals are not taxed directly, but instead, the tax is paid through an intermediary.
The tax is generally imposed on products or services. This tax, which is passed on to the customer as part of the price of the good or service, is then collected by the seller and forwarded to the government.
Sales tax, excise tax, and customs duty are all examples of indirect taxes.
Therefore, Option A is the correct answer.
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A family buys a new home for $150,000. However, they also have to set
aside an extra $1,500 to pay to the local government for owning the
house. This is the result of the:
Answers
Answer:
Property tax
Explanation:
Answer:
Explanation:
It is property tax
What event had an enormous effect on US workplace safety
Answers
Answer:
I believe your answer would be D, a deadly factory fire.
Hope this helped!
Traditional marketing revolves around the 4 Ps:
Answers
Traditional marketing revolves around the 4 Ps, which are Product, Price, Place, and Promotion.
These elements form the foundation of a marketing strategy for businesses.
Product: Refers to the goods or services that a company offers to its customers. It involves defining the features, design, and quality of the product.
Price: Involves determining the cost of the product or service and finding the right pricing strategy that aligns with customer expectations and market conditions.
Place: Focuses on selecting the distribution channels and locations where the product will be available for customers to purchase. It includes decisions related to retail outlets, online platforms, or direct sales.
Promotion: Involves the activities undertaken to promote and create awareness about the product. It includes advertising, public relations, sales promotions, and other marketing communication strategies.
These 4 Ps provide a framework for businesses to analyze and optimize their marketing efforts to meet customer needs, increase sales, and achieve overall business objectives.
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Identify an industry that enjoys perfect (or nearly perfect) competition. How do the competitors interact with each other and suppliers and customers?
Answers
Farmers' markets: The typical farmers' market may be the closest thing to ideal competition that exists in the real world. Small customers producers charge relatively similar pricing for products that are almost equivalent.
Considering that there are so many small producers in the agricultural sector and that they have so little. This industry perhaps displays the closest thing to ideal competition because of its control over the selling pricing of their products. Monopolistic Competition Despite the fact that numerous businesses use customers marketing techniques and recipes, McDonald's is nonetheless distinct. Because the products are not uniform, the market cannot be completely competitive.
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What is generally TRUE about deductibles in insurance policies?
A.
With a $500 deductible, the insurer pays the first $500 of any claim.
B.
Deductibles apply for every quarter of the year (every three months.)
C.
Policies with higher deductibles have extremely high premiums.
D.
Policies with lower deductibles have higher premiums.
Answers
Answer:
Answer is C.
Explanation:
I took the test already.
The Statement which is Tue about deductibles in insurance policies is Policies with lower deductibles have higher premiums. Thus the correct answer is D.
What is Insurance?Insurance is referred as a kind of assurance or protection against the risk that can occur in future events by paying some amount to take the policy to safeguard from any kind of damages.
Insurance helps to recover the occurred loss caused to policyholders by compensating them with the amount as per the policy on which they paid premiums.
The amount of the money you should expect to be paid toward an individual policy is referred to as deductibles. It helps the money of both the insurance company as well as lower the premium amount.
According to the policy of Deductibles in insurance policy, the higher premium has lower deductibles whereas lower premiums have higher deductibles.
Therefore, option D is appropriate.
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in the intital meeting with the prospects the agent should do all of the following except which
Answers
following are the recommendations to build that will lead to the qualification process around these five key characteristics:
a) Awareness of Need
b)Authority and Ability to Buy
c)Sense of Urgency
d)Trust in You and Your Organization
e)Willingness to Listen
To be qualified, a prospect must need what they are aware of. There’s nothing more frustrating than spending time and litigation with a contact who is not in the position to make a purchasing decision.
The final characteristic of a qualified prospect is typically the simplest to recognize. Is the buyer willing to listen to what your salesperson has to say?
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the complete question is
in the initial meeting with the prospects, the things agents should keep in mind?
In most systems for reducing pollution using an effluent fee, the government is directly involved as a fee collector. For example, at one point in time the Italian government decided to implement an effluent fee system aimed at reducing secondhand smoke in restaurants, however, it put the restaurants at the center of enforcement efforts. If a customer lights up a cigarette in a smoke-free zone in a restaurant in Italy, its managers were legally bound to charge the violator a fine as part of the bill and to transmit the amount of the fine to the government. Many restaurant owners refused to participate in the government's program. Some worried about losing customers they penalize. Others simply did not want to go to the trouble to collect the government's fees without receiving compensation for the tax-collecting expenses they would incur. Consequently, the Italian government's effluent-fee system has seemingly failed to reduce secondhand smoke in restaurants. For Critical Analysis: How might the Italian government redesign its effluent-fee system so that it more effectively cuts down on the spillover costs incurred by nonsmoking patrons of restaurants
Answers
The Italian government can increase the efficiency of its effluent system by becoming creating a law that makes it illegal to smoke in smoke-free zones.
What is an Effluent?This refers to wastes that are secreted or released into the air, water, or underground channels.
Examples of effluents are:
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Assume the figure to the right illustrates the market for houses for sale in a small city.
Suppose the market price of houses is $200,000. How large will the resulting surplus be?
At a price of $200,000, there will be ______ surplus houses. (Enter your response as a whole number.)
What is the equilibrium price of houses?
The equilibrium price is $____. (Enter your response as a whole number.)
Answers
Based on the demand and supply at $200,000, the surplus would be 400 houses. The equilibrium price for this market is $150,000.
What is the surplus at $200,000?The supply at $200,000 is 800 houses and the demand is 400 houses.
The surplus would be their difference which is:
= 800 - 400
= 400 houses
What is the equilibrium price?This is the price where supply and demand are equal. This point is where both the supply and demand curves intersect.
That price is $150,000.
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There is no substitute for the product that is being sold.
A) perfect competition
B) monopolistic competition
C) Oligopoly
D) monopoly
Answers
Answer:
monopoly or b
Explanation:
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?
Answers
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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Given all of this information about observation and assessment, you may wonder how this works on a day-to-day basis. Think about your experiences in a classroom, either as a student, a volunteer, a teachers’ aide, or a teacher. What kinds of observation opportunities existed? How do you think children were assessed? How was this information used?
Answers
Classroom observations are important as they provide additional feedback, create a culture of improvement, and provide greater insight into students.
The observation method simply means the human or mechanical observations of the things that people do. Some of the classroom observations include learning walkthrough, supervisory walkthrough, and goal setting.
Children can be assessed by looking at how they behave and studying them. The information gotten is essential as it can provide the teachers with the necessary details to help the students improve academically.
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Assume that the risk-free rate is 4.5% and the market risk premium is 6%.
What is the expected return for the overall stock market? Round your answer to two decimal places.
%
What is the required rate of return on a stock with a beta of 0.8? Round your answer to two decimal places.
%
Answers
Expected return for the overall stock market = Risk free rate of return + market risk premium = 4.5% + 6% = 10.50%
Required rate of return on stock = Risk free rate of return + beta of the stock (Expected return for the market - risk free rate of return) Required rate of return on stock = 4.5% + 0.8 (10.50% - 4.5%) = 4.5% + 4.80% =Required rate of return on stock = 9.30%The entire market value of all publicly traded securities worldwide climbed from US$2.5 trillion to US$93.7 trillion by the end of 2020.As of 2016, there were 60 stock exchanges worldwide. The market capitalization of 16 of these exchanges is at least $1 trillion, and
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A car dealer acquires a used car for $12,000, with terms FOB shipping point. Compute total inventory costs assigned to the used car if additional costs include $100 for transportation-in. $170 for shipping insurance. $800 for car import duties. $140 for advertising. $1,400 for sales staff salaries. $150 for trimming shrubs.
Answers
Answer:
$13,070Explanation:
The Cost of inventory = all cost of purchase; including costs of conversion and transfer.
Calculation of Inventory Cost FOB ship.
Cost of Purchase $12,000
Transportation-in $100
Shipping insurance $170
Car import duties $800
Total Cost $13,070
The results of inspection of DNA samples taken over the past 10 days are given below. Sample size is 100.
Answers
The upper and lower 3 - sigma chart limits would be 18.32 and 0 respectively.
How to find the upper and lower chart limits ?The 3-sigma control chart is a type of control chart that uses a mean line and control limits that are three standard deviations above and below the mean.
The mean is :
= (7 + 9 + 9 + 11 + 7 + 8 + 1 + 10 + 13 + 2) / 10 = 77 / 10
= 7.7
The standard deviation (σ ) is :
= √ ([0.49 + 1.69 + 1.69 + 10.89 + 0.49 + 0.09 + 44.89 + 5.29 + 28.09 + 32.49] / 10)
= √([125.1] / 10)
= √[12.51]
= 3.54
Upper control limit (UCL) = mean + 3σ = 7.7 + 3 * 3.54
= 18.32
Lower control limit (LCL) = mean - 3σ = 7.7 - 3 * 3.54
= -2.92
The lower control limit cannot be negative because we cannot have a negative number of defective items. So, in practice, set the lower control limit at zero.
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Give an example of an official in public service who failed to show probity, and explain your
answer. :
Answers
Answer:
The perfect and perhaps most commonly known is former U.S. President Richard Nixon.
Explanation:
Nixon was President of the United States from 1969 to 1974, he was elected for two periods, but he only finished one and less than half the other one. The reason is that he was embroiled in the Watergate scandal: an espionage campaign of the Democratic Party from Republican officials, including Nixon himself.
With these acts, Nixon, as the highest public official in the nation, failed to show probity, and dishonored the office of the president. He was quick to renounce the presidency, and would have faced legal challenges if not for his Vice President, Gerald Ford, who became president as his replacement, and issued him a presidential pardon immediately after.
PE 1-2A Accounting equation OBJ.3 Patrick Miller is the owner and operator of Chicopee LLC, a motivational consulting business. At the end of its accounting period, December 31, 20Y8, Chicopee has assets of $518,000 and liabilities of $165,000. Using the accounting equation, determine the follow- ing amounts: a. Owner's equity as of December 31, 20Y8. b. Owner's equity as of December 31, 20Y9, assuming that assets increased by $86,200 and liabilities increased by $25,000 during 20Y9.
Answers
The link between a company's assets, liabilities, and capital is known as the accounting equation. The accounting equation, one of the most important equations in accounting..
What is meant by accounting equation?The accounting equation states that a corporation's total assets are equal to the total of its liabilities & shareholders' equity. The fundamental tenet of the dual-entry accounting system is that there is a distinct relationship between equity, liabilities, and assets.
a
Assets, Dec 31 20Y8 $518,000
Liabilities, Dec 31 20Y8 ($165,000)
Owner's equity, Dec 31 20Y8 $353,000
b
Owner's equity, Dec 31 20Y8 $353,000
Increase in equity [$86200-$25000] $61,200
Owner's equity, Dec 31 20Y9 $414,200
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HURRRYYYY PLEASE HELP ME ASAP!!!!
1, Select a company with an international presence that you are familiar with or that you learn about by searching the internet
2.Identify the laws, treaties, acts, and governing bodies (e.g. U.N., WTO, and IMF) that impact their business.
3.Explain the impact these laws, treaties, acts, and governing bodies have on their business.
4.Differentiate the impact of those various laws etc. on their business abroad from the impact of similar things on their business in the United States.
Please provide citation and reference to sources. Quoted language must be put inside quotation marks
Answers
The WTO has a major impact on Toyota in a similar manner.The WTO's primary responsibility is to negotiate trade regulations among its members. As a result, the WTO regulations have a big impact on the Toyota industry.
The company is permitted to import and export the medicine in accordance with WTO regulations. The WTO may have both beneficial and bad effects on enterprises.
Toyota was able to enhance product exports with the help of the WTO. As the WTO upholds the organization's viewpoint to comply with WTO regulations and rules, the company's sales rate has increased.
However, the WTO also has a detrimental effect on Toyota's operations. Due to the substantial influence of its quantity of exports, the World Trade Organisation has continually raised the tariff ceiling. Therefore, it is conceivable to assert that the WTO has an impact on the Toyota company both advantageously and badly.
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What other reasons do we have for sampling method?
Answers
Reduce time, It takes time to reach out to everyone in a population is other reasons for sampling method
What does the method of sampling serve as?To be representative so that researchers can draw conclusions about the wider community, sampling method aims to mimic a larger population on qualities relevant to the study subject.Cost savings: Obtaining data for a chosen subset of a population is clearly less expensive than doing it for the complete population. Furthermore, data obtained from a properly chosen sample provides a very accurate representation of the entire population.This is so that researchers may utilise sampling toReduce time. It takes time to reach out to everyone in a population. The cost of a study is directly correlated with the number of persons a researcher contacts.... Collect Richer Data.... Academic Research.... Market Research.... Public Polling.... User Testing.To learn more about sampling method refer to:
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How can a companies sales people help with product development?
Answers
A company's sales people can help with product development as they can be a source of ideas. The right answer is B.
Product development, is the process of conceptualising, designing, developing, and selling freshly produced or recently relaunched goods and services. The entire process of creating a product, from conception through market launch, is referred to as product development. Salespeople represent their companies by adding value for the clients of their companies.
They also help by taking charge of relationships, returning to their organisations the knowledge of their markets and customers. Sales provide vital customer and market analysis data for the needs of the product, as well as supplementary data like product feedback and potential improvement suggestions to product development.
The correct answer is option B.
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The question seems incomplete. The complete question is:
How can a company's salespeople help with product development?
A.They do not have a role in product development.
B.They can be a source of ideas.
C.They can sell new products.
D.They can create a prototype.
A company currently has two product lines and is considering dropping
Product XYZ. Product ABC Product XYZ
Total Sales revenue $90,000 $60,000 $150,000
Cost of goods sold (all variable) $35,000 $40,000 $75,000
Contribution margin $55,000 $20,000 $75,000
Fixed costs $30,000 $25,000 $55,000
Operating Profit (Loss) $25,000 ($5,000) $20,000
Of the $55,000 of total fixed costs, $30,000 is rent. Each product is allocated $15,000. The rent will continue even if the product is dropped. The rest of the fixed costs are related to each product and would be saved if the product was dropped.
Required:
Should Product XYZ be dropped?
Answers
Answer:
Product XYZ should not be dropped. Because it is bringing a profit contribution of $5,000 towards fixed costs.
Explanation:
Calculating the Profit Contribution of Product XYZ
Sales revenue $60,000
Less Cost of Goods Sold ($40,000)
Contribution Margin $20,000
Less Traceable Fixed Costs ($30,000 - $15,000) ($15,000)
Profit Contribution $5,000
Hint : Remove the fixed cost element centrally controlled from Product XYZ fixed costs.
Since Product XYZ is bringing a profit contribution of $5,000 towards the fixed costs, it should not be dropped.
The standards for product V28 call for 8.3 pounds of a raw material that costs $19.00 per pound. Last month, 2,200 pounds of the raw material were purchased for $41,360. The actual output of the month was 240 units of product V28. A total of 2,100 pounds of the raw material were used to produce this output.
The direct materials purchases variance is computed when the materials are purchased.
Required:
a. What is the materials price variance for the month?
b. What is the materials quantity variance for the month?
Answers
Answer:
Results are below.
Explanation:
To calculate the direct material price variance, we need to use the following formula:
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (19 - 18.8)*2,200
Direct material price variance= $440 favorable
Actual price= 41,360 / 2,200= $18.8
Now, we can determine the direct material quantity variance:
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (8.3*240 - 2,100)*19
Direct material quantity variance= $2,052 unfavorable