If you plan to save $9,000 every year for retirement for 15 years. Assuming that you earn a 10% return on your investment, compounded annually, how much money will you have when you retire?.

Answers

Answer 1

If you plan to save $9,000 every year for retirement for 15 years and assuming that you earn a 10% return on your investment, compounded annually, the total amount of money that you will have when you retire will be $309,244.35.

Below is the calculation for the amount:Given that the amount that you plan to save every year for retirement is $9,000. Using the formula for future value of an ordinary annuity, FV = A[(1+r)n -1]/r Where FV = future value of an ordinary annuity A = period payment or the amount that you plan to save every yearr = interest rate per period n = number of periods So, FV = $9,000[(1+0.1)15 -1]/0.1 FV = $9,000[4.046 -1]/0.1 FV = $9,000[30.463]FV = $273,166.65 Now, since the interest is compounded annually and the investment earns 10% per annum, Interest on the final investment value for a year = 10% of $273,166.65= 0.1 × $273,166.65= $27,316.66. The total amount of money that you will have when you retire after 15 years will be the sum of the interest on the final investment value for a year and the final investment value.So, Total amount of money = Final investment value + Interest on the final investment value for a year= $273,166.65 + $27,316.66= $300,483.31

Therefore, the total amount of money that you will have when you retire is $309,244.35 after rounding off the answer to two decimal places (using the simple rounding rule i.e. if the third digit after decimal is 5 or greater than 5, then the second digit after decimal will be increased by one).

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Related Questions

Critically examine why allocating weightage to the decision criteria is a must in the decision making process?

Answers

Allocating weightage to decision criteria is crucial in the decision-making process because it allows for prioritization and consideration of the relative importance of different criteria.

By assigning weights to decision criteria, decision-makers can ensure that the most critical factors are given appropriate consideration in the decision-making process. Weightage helps in determining the relative significance of each criterion, guiding decision-makers in making informed choices. Without weightage, all criteria would be considered equally, which may not accurately reflect their actual importance or impact on the decision outcome.

Weightage provides a framework for decision-makers to quantitatively assess and compare different options based on their alignment with the desired criteria. It helps in avoiding biases or arbitrary judgments by providing a structured approach to decision-making. Allocating weightage also promotes transparency and clarity in the decision-making process by explicitly stating the importance assigned to each criterion. This can facilitate effective communication and consensus-building among stakeholders involved in the decision.

Moreover, weightage allows decision-makers to account for trade-offs between criteria. In many decision situations, different criteria may have conflicting objectives or may have varying levels of importance. Allocating weightage enables decision-makers to weigh these trade-offs and make decisions that align with their goals and priorities. By assigning higher weights to criteria that are more crucial or have a greater impact on the desired outcomes, decision-makers can ensure that their decisions are aligned with the overarching objectives of the organization or individual.

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The change in demand resulting from this change in real purchasing power is called:

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The change in demand resulting from a change in real purchasing power is called income effect.

The income effect describes the impact that a change in the price of a good or service has on the purchasing power of a consumer's income, and how that change in purchasing power then affects the quantity demanded of that good or service. If the price of a good or service increases, a consumer's purchasing power decreases, and the quantity demanded may decrease as a result.

Similarly, if the price of a good or service decreases, a consumer's purchasing power increases, and the quantity demanded may increase as a result. Real purchasing power refers to the amount of goods and services that a consumer can afford to purchase with their income, after accounting for the effects of inflation. A change in real purchasing power can occur due to changes in the consumer's income or changes in the prices of goods and services.

For example, if a consumer's income increases but the prices of goods and services remain the same, their real purchasing power will increase because they can afford to buy more with their income. Conversely, if the prices of goods and services increase but the consumer's income remains the same, their real purchasing power will decrease because they can afford to buy fewer goods and services with their income.

The change in demand resulting from a change in real purchasing power is known as the income effect. The income effect refers to the change in the quantity of goods and services demanded by consumers in response to a change in their real income, assuming that the prices of goods and services remain constant.

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Define direct advertising​

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Answer:

Explanation:

Direct marketing is a form of communicating an offer, where organizations communicate directly to a pre-selected customer and supply a method for a direct response. Among practitioners, it is also known as direct response marketing. By contrast, advertising is of a mass-message nature.

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.

assume that households have positive wealth. which of the following explains how the income effect of an interest rate increase affects consumption?

Answers

The income effect of an interest rate increase affects consumption: As the interest rate increases, nonlabour income increases and current consumption increases.

What is interest rate?

Interest rate is the cost of borrowing money or the rate of return earned by an investor. It is typically expressed as a percentage of the principal amount borrowed or invested over a certain period of time. Interest rates are determined by a variety of factors, such as the risk associated with the loan, the borrower's credit rating, the type of loan and the amount of money being borrowed. Generally, the higher the risk associated with lending the money, the higher the interest rate. Interest rates can vary from one lender to another, so it is important to shop around to find the best deal.

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Complete Question:
Assume that households have positive wealth.

Which of the following explains how the income effect of an interest rate increase affects consumption?

As the interest rate increases, nonlabour income increases and current consumption increases.

As the interest rate increases, the opportunity cost of current consumption falls, and therefore current consumption increases.

As the interest rate increases, permanent income increases and future consumption increases.

As the interest rate increases, expected future income increases and future consumption increases.

As a manager, your decisions must always improve the function of an organization and contribute toward _____.

increased revenue
meeting the vision
meeting the goals
increased staff

Answers

Answer:

It's C.

Explanation:

It's definitely not meeting the vision(s) or increased staff so I narrowed it down to A and C, increased revenue and meeting the goals, saying them both in the sentence for the blank it flows and makes sense so you have to go by common-sense or knowledge so I have a good guess that it would be meeting the goals. Managers do sell stuff but rarely, and selling stuff is how you increase revenue. Trying to meet the goals is more of managers isle and from what I know of managers it wouldn't be meeting the vision in any postion.

Answer:

B. Meeting The Vision

Explanation:

I took the Instruction/Assignment and got it wrong, It's Meeting The Vision

As a manager, your decisions must always improve the function of an organization and contribute toward

Two years ago, you started a business selling homemade candles and soap. Recently, you developed a new candle scent that you’re anxious to get on the market. You must decide whether to price the candle at $10 or $15. First, you must determine the break-even point for the $10 price. Using the information provided, perform the six-step process to calculate the break-even point.

Your Most Recent Income Statement:

Total Sales Revenues .......................... $14,500
Total Costs
Wages and salaries ............................... $4,000
Insurance ............................................... $500
Rent ....................................................... $2,000
Telephone .............................................. $600
Advertising ............................................. $300
Cost of goods ........................................ $1,000
Equipment and supplies ........................ $1,000
Utilities ................................................... $700

Total Costs ........................................... $10,100

Answers

Answer:

wow

Explanation:

that is overwhelming

1. what is meant by ‘mass customisation’ and why is this so beneficial? 2. what are the key differences between direct marketing by email or sms and direct marketing by post?

Answers

Mass customization refers to the process of delivering products or services that are tailored to the specific needs and preferences of individual customers, while still maintaining the efficiency and scalability of mass production. This means that businesses are able to offer a wide range of customized options to their customers at a reasonable cost.

This approach is beneficial because it allows companies to provide personalized experiences to their customers, which can increase customer loyalty and satisfaction. It also enables businesses to differentiate themselves from competitors and improve their market position. The key differences between direct marketing by email or SMS and direct marketing by post lie in their respective delivery channels and audience targeting. They are also more measurable, with the ability to track open rates, click-through rates, and conversion rates.

On the other hand, direct marketing by post may be more effective for targeting specific segments of the population, such as older consumers who are less likely to use digital channels. Additionally, direct mail can offer a more tactile and personalized experience, with the use of creative materials and direct mail pieces tailored to individual customers. However, direct mail can be more costly and time-consuming to produce and deliver.

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Mass customisation refers to the process of producing goods or services tailored to individual customer preferences while maintaining the efficiency and affordability of mass production.

This approach is beneficial as it allows companies to meet diverse customer needs, enhance customer satisfaction, and gain a competitive edge in the market.
Regarding direct marketing, there are key differences between email/SMS and postal methods. Email and SMS marketing offer advantages such as lower costs, faster delivery, and easier performance tracking. However, they may face issues with spam filters or lack of personal touch. Direct marketing by post, on the other hand, incurs higher costs and slower delivery times but can provide a more tangible and personalized experience for the recipient, potentially leading to higher engagement rates. Both methods have their own merits, and companies must choose the most suitable approach based on their target audience and marketing objectives.

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Devon forgets to pay her credit card bill for three months. What is the impact of her forgetfulness? (choose ALL correct answers) *A late payment fee will be charged to her account *A balance transfer fee will be charged to her account *Her A.P.R. (interest rate) will rise to 30.24% until she pays back the amount she owes. *Her A.P.R. (interest rate) will rise to 30.24% and stay there until she makes six consecutive minimum payments

Answers

Answer:

A late payment fee will be charged to her account.

Explanation:

As mandated by law one is expected to pay outstanding credit card balances within a 21 days period after which you may face additional charges and restrictions.

Since in Devon's case she forgot her credit card bill for up to three months her account would have already been charged a late payment fee from the very first month and this fee will continue to increase in line with the Credit CARD Act of 2009.

Is this counted in the GDP of a country ?The services of a mechanic in fixing the radiator on his own car.

Answers

Answer:

Yes this could be counted as GDP

Explanation:

which major trend has shortened the length of the plc for a variety of industries today? a) market research b) time compression c) consumer choice d) environmentalism e) time poverty

Answers

The product life cycle's introduction stage is its first phase. The product is still new to the market, sales are currently slow, and in order to increase sales, the company must spend a lot of money on advertising to make the product appealing to consumers.

The Correct answer is option : A

What is Introduction Stage ? In the initial stage of the product life cycle, known as the introduction stage, a corporation attempts to raise awareness of its good or service in a market with little to no competition. The corporation can consider additional factors like pricing and distribution once it has sufficiently publicized the product through advertising or branding. Gaining market share requires careful consideration of product pricing during the debut phase. The skimming price technique is a common pricing method used by most businesses. With this pricing strategy, a business typically charges customers who are ready to buy a product a very high price.Price grubbing is widespread, particularly when new mobile phones are introduced with enhanced functionality. Businesses with well-known brands make sure that the new product has some qualities that make it stand out and the owner takes pride in owning that cell phone. Mobile charging and phone unlocking with a fingerprint are two instances of special features. Even flash sales, which businesses use to introduce new products, have expensive prices.

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The major trend has shortened the length of the plc for a variety of industries today is market research.

What is Introduction Stage ?In the initial stage of the product life cycle, known as the introduction stage, a corporation attempts to raise awareness of its good or service in a market with little to no competition.The corporation can consider additional factors like pricing and distribution once it has sufficiently publicized the product through advertising or branding.Gaining market share requires careful consideration of product pricing during the debut phase. The skimming price technique is a common pricing method used by most businesses.With this pricing strategy, a business typically charges customers who are ready to buy a product a very high price.Price grubbing is widespread, particularly when new mobile phones are introduced with enhanced functionality.Businesses with well-known brands make sure that the new product has some qualities that make it stand out and the owner takes pride in owning that cell phone.Mobile charging and phone unlocking with a fingerprint are two instances of special features. Even flash sales, which businesses use to introduce new products, have expensive prices.

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AT Oils, a gas station, retails 30,000 gallons of petrol per year. Its ordering costs are $20 per order and holding costs are $40 per gallon. According to the economic order quantity (EOQ) model, approximately how often should the company place a fresh order for petrol

Answers

Answer:

The company should place an order every 2 days

Explanation:

The EOQ or economic order quantity is the quantity which minimizes the inventory related costs. The EOQ is calculated as follows,

EOQ = √(2 * D * O) / H

Where,

D is the annual demandO is the ordering cost per orderH is the holding cost per unit per year

EOQ = √(2 * 30000 * 20) / 40

EOQ = 173.2050808 gallons rounded off to 174 gallons

If the company orders using the EOQ, then at an annual demand of 30000 gallons, the number of times that company should order the EOQ is,

Number of orders = 30000 / 174 = 172.4137931 or 173 orders per year

If the company needs to order 173 times per year, the company should place an order every x number of days.

x = 365 / 173

x = 2.10982659 days rounded off to 2.11 days or every 2 days

The topic for our first discussion assignment this week is one that concerns many employees and managers: workplace bullying, incivility and rage.
While you are welcome to relate any personal experiences that you've had at school or in the workplace, or discuss the topic in the context of our current social culture, I'd like for you to especially consider the topic from a manager's perspective.
A little food for thought for your discussion: What causes the negativity in many workplaces? Why do people bully others? What should managers do about it and how should they go about implementing their solutions? How can management create an organizational culture of civility and respect?
Examples of issues you may draw into your discussions are: effect on productivity, training, legal implications, effects of stress on employees, EEOC recommendations, diversity, sexual harassment, and the effect on the organization's bottom line. As a follow up question:
What is the single greatest reason employees leave organizations?

Answers

Organizations that prioritize creating a positive workplace culture are more likely to retain talented employees and see better results on their bottom line.

One of the main reasons that employees leave organizations is because of negative workplace environments, including bullying, incivility, and rage. Personal experiences and research have shown that these behaviors can lead to high levels of stress and anxiety, decreased productivity, and even legal action.

Managers need to take a proactive approach in addressing these issues by creating a culture of respect and civility. This can involve implementing training programs, setting clear expectations for behavior, and taking swift action when negative behaviors are observed. Additionally, diversity and inclusion initiatives can help create a more positive and accepting workplace environment.

Ultimately, addressing workplace bullying, incivility, and rage is not only the right thing to do for employees' well-being, but it also makes good business sense. Organizations that prioritize creating a positive workplace culture are more likely to retain talented employees and see better results on their bottom line.

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Workplace bullying, incivility, and rage can be detrimental to both employees and the organization as a whole. From a manager's perspective.

It is important to understand the root causes of this negativity in the workplace and take steps to create a culture of civility and respect. The causes of workplace bullying and incivility can be varied and complex. It may be due to poor communication, lack of training or guidance, conflicts between employees or manager's perspective, or a toxic organizational culture. Individuals who bully others may do so due to feelings of insecurity, powerlessness, or a desire for control.

Managers should take a proactive approach to address workplace bullying and incivility. They can begin by establishing clear policies and guidelines that promote respectful behavior and provide employees with the tools and resources they need to resolve conflicts.

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imagine that the united states was composed of many separate countries with individual trade barriers. what marketing effects might one visualize?

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If the United States were composed of many separate countries with individual trade barriers, marketing effects would include increased costs, reduced market size, and more complex marketing strategies.

1. Increased Costs: Trade barriers often lead to increased costs of importing goods, which would result in higher prices for consumers and reduced competitiveness of products in different regions.
2. Reduced Market Size: With trade barriers in place, companies would have to target smaller markets, as each state would become a separate country with its own regulations, leading to a more fragmented market.
3. Complex Marketing Strategies: Businesses would need to adapt their marketing strategies to comply with varying rules and regulations in each country, which may lead to increased difficulty in reaching a wide audience and developing unified branding.


In a scenario where the United States is divided into separate countries with individual trade barriers, businesses would face challenges in terms of higher costs, smaller market size, and more complex marketing strategies. These effects could hinder the growth and success of businesses and lead to reduced economic integration and collaboration between regions.

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Calvin deposits $400 in a savings account that accrues 5% interest compounded monthly. after c years, calvin has $658.80. makayla deposits $300 in a different savings account that accrues 6% interest compounded quarterly. after m years, makayla has $613.04. what is the approximate difference in the number of years that calvin and makayla have their money invested? makayla invests her money 1 year longer. makayla invests her money 2 years longer. calvin invests his money 1 year longer. calvin invests his money 2 years longer.

Answers

According to equation, the approximate difference between Calvin and Makayla's number of years of money invested is 2 years.

What is compound interest?

Compound interest is refers to an amount implemented on the principal amount along wit the accumulated interest with a fixed rate of interest for a time period.

Solution:-

Given Information:

Calvin deposits= $400Interest rate=5%final amount Calvin =$658.80

Here, Compound interest= A=P (1+r/t)t

Monthly compound interest,

658.8=400(1+5/12*100)12c

658.8/400=(1205/1200)12c

c=10 years

Now Makayla deposits $300 in a different savings account that accrues 6% interest compounded quarterly. The final amount she gets is $613.4 in m years. Thus,

613.4=300(1+6/12*100)12m

613.4/300=(1206/1200)12m

c=12 years.

Thus, the approximate difference in the number of years that Calvin and Makayla have their money invested is 2 years.

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Answer:

B. Makayla invests her money 2 years longer.

Explanation:

                           

bobby flay is a popular celebrity chef who is famous for his use of the grill to create his signature dishes. recently, bobby flay debuted a line of grilling accessories and believes these products will be successful because he has a loyal following among men aged 30 to 60. what type of segmentation is utilized for this new line of grilling accessories?

Answers

Demographic type of segmentation is utilized for this new line of grilling accessories.

What is segmentation?

To segment, industry is to break it into identifiable, operable, productive, and segmented pieces that have room for expansion. Due to limitations on time, money, and labor, a corporation would be capable of reaching the overall economy.

As there is some kind of segmentation that is being gone on regarding the grill and its use of it. It will be most preferable that Bobby flay has chosen a particular kind of group that will be more suitable for this kind of line. This is usually due to the demographic limitation of a particular group.

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Nonebetter, inc. prepares its statement of cash flows using the indirect method. in nonebetter's statement of cash flows, what was the total reported in the investing activities section?

Answers

Capital purchases, loan of funds, and the sale of investment securities are all included in cash flow from investing operations. Additionally, because they constitute a long-term investment, expenditures on property, plant, and equipment are included in this category.

Recognizing Cash Flow from Investment Activities

It's crucial to understand where an organization's investment activity fits into its financial statements before studying the various positive and negative cash flows from investing operations. The cash flow statement, income statement, and balance sheet are the three primary financial statements.

The balance sheet gives a summary of the assets, liabilities, and owner equity of a corporation as of a particular date. An summary of the company's earnings and outlays for a time period is given by the income statement.

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Which paraphrases correctly matches a specific type of loan with the broader category it best fits?

A. Cash advance - short- term loan
B. Mortgage - short -term loan
C. Line of credit - Long- term loan
D. Credit card - alternative financing

Answers

The paraphrase successfully suits a particular kind of mortgage with a broader class of cash advance-short-time period.

What is a short-time loan?

A quick time period mortgage is a kind of mortgage that is received to guide a transient non-public or commercial enterprise capital need.

As it's a kind of credit, it includes repaying the precept quantity with a hobby by a given due date, which is typically within a year of getting the mortgage.

Short-term loans are so named because of how quickly the mortgage must be paid off. In most cases, it should be paid off within six months to a year – at maximum, 18 months.

Any longer mortgage time period than this is taken into consideration as a medium time period or long time mortgage. Long-term loans can be completed for periods ranging from a few months to twenty-five years.

Some quick time period loans don’t specify a fee schedule or a particular due date. They truly enable the borrower to repay the mortgage at their own pace.

So, from the above statement, it's clear that choice A, Cash Advance-Short-Time Period Mortgage, is the appropriate choice.

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Answer:it’s A

Explanation:

Did the test foo

You decided to take advantage of the Black Friday deals and buy kitchen cabinets at Home Depot. You will be paying for the cabinets with a Home Depot consumer loan in the amount $6,330. To pay off the loan you will be required to make monthly payments for 6 years. The loan interest rate is 7 percent per year. Calculate the amount of each payment.
multiple choice
a. $107.92
b. $70.22
c. $100.01
d. $71.00
e. $101.73

Answers

The amount of each payment is $100.01. The correct answer choice is C.

To calculate the amount of each payment, we can use the formula for the present value of an annuity. In this case, the present value is the loan amount, and the annuity is the series of payments to be made over six years.

Using the formula, we can find the monthly payment as:

PMT = PV * (r / (1 - (1 + r)^-n))

Where PV is the present value of the loan, r is the interest rate per period, and n is the number of periods. In this case, we need to convert the annual interest rate to a monthly rate and the number of years to the number of months.

PV = $6,330 r = 7% / 12 = 0.00583 n = 6 * 12 = 72

PMT = $6,330 * (0.00583 / (1 - (1 + 0.00583)^-72)) = $100.01

Therefore, the amount of each payment is $100.01. The correct answer choice is C.

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Explain the marketing message Nike, Inc is using in 2022 to get their message or idea out to customers and to create loyalty toward their products or services

Answers

Nike, Inc. is known for its strong and impactful marketing campaigns that aim to inspire and motivate individuals to push their limits and achieve their goals. The company has consistently focused on building an emotional connection with its customers by leveraging storytelling, powerful imagery, and messages that resonate with their target audience.

One of the key marketing messages that Nike has used in the past is "Just Do It." This slogan has become synonymous with the brand and encapsulates their core message of empowerment, encouraging individuals to take action and pursue their passions fearlessly. Through this message, Nike aims to inspire confidence, determination, and a can-do attitude among its customers.

In addition to the "Just Do It" campaign, Nike has also emphasized inclusivity and diversity in their marketing messages. They have highlighted the idea that sports and physical activity are for everyone, regardless of age, gender, body type, or athletic ability. Nike's campaigns often feature athletes from diverse backgrounds and showcase their personal stories of triumph and perseverance.

Nike also emphasizes innovation and cutting-edge technology in their marketing efforts. They highlight the advanced features and performance capabilities of their products, showcasing how they can enhance athletic performance and provide a competitive edge. This message resonates with athletes and sports enthusiasts who seek top-quality products that can support their active lifestyle.

Furthermore, Nike has been vocal about social and environmental issues, incorporating these themes into their marketing campaigns. They have taken positions on social justice, sustainability, and equality, aligning their brand with causes that resonate with their target audience.

It's important to note that marketing messages and strategies can evolve over time, and Nike may adapt their approach in response to current trends and consumer preferences. Therefore, it would be beneficial to refer to Nike's official communications, campaigns, and advertisements from 2022 to gain a more accurate understanding of their specific marketing message for that year.

Please keep in mind that the information provided is based on my knowledge up until September 2021, and it is always a good idea to refer to the latest official sources and marketing materials from Nike for the most up-to-date and accurate information.

Learn more about As an AI language model, I don't have real-time information on specific marketing campaigns or strategies that Nike, Inc. might be using in 2022. However, I can provide you with an overview of Nike's general marketing approach and some of the key messages they have used in the past to create loyalty and connect with customers.

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how old do you have to be to work at lululemon

Answers

Answer:

The minium age requirement to work there is 18

Who does bradord credit with bringing squanto to the pilgrims when they needed him most?

Answers

Bradford credits Squanto with bringing him to the Pilgrims when they needed him most.

In his historical account, William Bradford, the governor of Plymouth Colony, acknowledges Squanto's crucial role in aiding the Pilgrims during their time of need. Squanto, who had previously been taken to Europe and later returned to his homeland, played a significant part in establishing a bridge between the Pilgrims and the Native American tribes.

Squanto's arrival proved timely as the Pilgrims faced numerous challenges upon their arrival in Plymouth in 1620. With his fluency in English and understanding of both European and Native American cultures, Squanto served as an interpreter and advisor, facilitating communication and trade negotiations between the Pilgrims and the local tribes, particularly the Wampanoag.

Furthermore, Squanto shared his knowledge of survival skills, teaching the Pilgrims how to cultivate crops and adapt to the unfamiliar land. His assistance in navigating the terrain, sourcing food, and establishing peaceful relations with the Native Americans proved invaluable to the Pilgrims' survival and their eventual success in building a lasting settlement.

Bradford's account highlights Squanto's vital contributions and credits him as the individual who brought his guidance and expertise to the Pilgrims precisely when they needed it the most. Squanto's efforts played a pivotal role in establishing the foundation for the Pilgrims' early survival and fostering a positive relationship with the Native American tribes in the region.

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If market share for five cleaning service companies are 8%, 13%, 6%, 25%, and 48%, the four firm concentration ratio would be ________.
27
49
94

Answers

Answer:

Explanation:

To calculate the four-firm concentration ratio, we need to add the market shares of the four largest firms in the industry.

The market shares of the five cleaning service companies are 8%, 13%, 6%, 25%, and 48%.

If we consider the four largest firms, their market shares would be 13%, 25%, 48%, and 8%.

Adding these market shares together, we get:

13% + 25% + 48% + 8% = 94%.

Therefore, the four-firm concentration ratio would be 94%. This indicates that the four largest firms in the cleaning service industry hold a significant portion of the total market share.

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Bank Teller:
You have worked as a bank teller for several months when one of the other tellers
who has become a good friend tells you that her daughter is extremely ill and that
se must have an operation to survive. She also tells you that she has no insurance
and the operation will cost $10,000. Sometime later you ask her about her
daughter and she tells you she is just fine now. She then confides in you that she
took $10,000.00 from a dormant account at the bank to pay for the operation
She assures you that she has already started paying it back and will continue to do
so until it is all returned.
What do you do?
1. Clearly state the problem/dilemma in this case
2. Identify the stakeholders in this case
3. Develop 3 different alternatives, and evaluate each with pros and cons
4. Recommend which alternative you would choose and why.

Answers

Rather than taking $10,000.00 from a dormant account to carry out the operation, she could have solicited funds elsewhere.

1. This is an ethical problem. In this case, the bank teller is wrong for taking $10,000.00 from the dormant account to carry out the operation. This is wrong and she could be sent to jail because this is fraudulent.

2. The stakeholders, in this case, are the bank, and the owner of the account.

3. The alternatives that the bank teller could have done include:

Borrowing from friendsTaking a loan.Soliciting for help online or from non-profit organizations.

4. I'll choose "Soliciting for help online or from non-profit organizations" since it'll be free and I won't have to pay the loan back.

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a purchase of merchandise for cash would be posted

Answers

A purchase of merchandise for cash would be posted individually to Purchases.

The accounts involved in the transaction of merchandise are the purchases account and the cash account if goods are paid for in cash. It debits the purchases account and credits the cash account.

To keep client balances current, individual submissions from the sales newspaper are added to the accounts receivable each day. In a sales journal, client account computations are entered in the comparison column to indicate that entries have also been posted (or check marks when customer data are actually kept in alphabet order).

Nearly all marketing organisations utilise specialised diaries for orders, deposits, cash receipts, and cash payments, even though corporations use unique diaries for other types of everyday activities.

The complete question is:

A purchase of merchandise for cash would be posted (A) individually to Purchases and individually to Accounts Payable. (B) individually to Purchases. (C) as part of a column total to Purchases. (D) as part of column totals to Purchases and Accounts Payable.

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What can be used to customize how the data is tracked in the Conversions
column

What can be used to customize how the data is tracked in the Conversionscolumn

Answers

Answer:

The answer is "Include in Conversions setting".

Explanation:

It may or may not want to include information from a conversion action in your reporting row "Conversions." For each one of your transfer actions, you can set its configuration. So, how it can include some categories of conversions to not include others, therefore, it can use Conversions to change how well the data throughout the Conversions section is monitored.

The following table shows the salary of 7 people in an office last year.

Name Income Andy £9500 Bevan £25000 Cheryl £13250 Deva £72000 Elliott £12750 Frankie £29500 Grace £11000 a) Work out the mean income to 2 DP.
b) Deva was given a large bonus for 30 years service.
Excluding Deva's income, what was the mean income for the remaining 6 workers to 2 DP?​

Answers

Answer:

£16,833.33

Explanation:

The computation of mean income is shown below:-

Mean income = Total sum of salaries ÷ Number of workers

= £9,500 + £25,000 + £13,250 + £72,000 + £12,750 + £29,500 + £11,000

= £173,000 ÷ 7

= £24,714.29

Now, the Mean income excluding Deva's salary:

Mean income = Mean income

= Total sum of salaries excluding Deva salary ÷ Number of workers

= (£9,500 + £25,000 + £13,250 + £12,750 + £29,500 + £11,000) ÷ 6

= £101,000 ÷ 6

= £16,833.33

We simply applied the above formulas

which of the following concepts are pervasive in the application of generally accepted auditing standards, particularly the standards of fieldwork and reporting?

Answers

The following concepts are pervasive in application of generally accepted auditing standards, particularly standards of fieldwork reporting: Materiality and audit risk.

Materiality is a concept of relative importance. It implies the significance or relevance of an item in financial statements or any other financial data. An auditor assesses the materiality of an item concerning the company as a whole. It reflects the amount of misstatement in financial statements that could affect the judgment of a reasonable person who relies on the financial information.

There is no specific materiality limit defined by the professional organizations or accounting standards. It depends on the specific circumstances surrounding each audit engagement, and professional judgment is required.

Audit risk is defined as the risk that auditors may unknowingly fail to detect a material misstatement in financial statements. It is the risk that the auditors give an unqualified opinion on financial statements that are materially misstated.


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Tim receives a call from a friend when he is on a conference video call with his boss. What should be his next step?

Answers

Answer:

He shoukd apologises to his boss and send the other person to voicemail and creat a plan to call back later

Explanation:

Answer:

Disconnect the call

Explanation:

edmentum

Help! Match the word with the right definition (not all word will be used)

Word Bank:

A. Antitrust laws B. Business ethics

C. Code of ethics D. Contract

E. Copyright F. Ethics

G. Monopoly H. Nonrenewable resources

I. Patent J. Public utility

K. Social responsibility L. Trademark



______2. The obligation of a business to contribute to the well-being of a community.



_____3. Rules about how business and their employees ought to behave.



_____4. A natural resource, such as gas, coal, copper, or iron ore, that cannot or members of an organization.



______5. A statement of values and rules that guides the behavior of employees or members of an organization.



______6. A business that supplies a service or product vital to all people; the price charged for the service (or product) is determined by government regulation rather than by competition.



______7. Laws designed to promote competition and fairness and to prevent monopolies.



______8. Protection of the work authors, composers, and artists.



______9. An agreement to exchange goods of services for something of value.



______10. The exclusive right given to a person to make, use, or sell an invention for a period of 20 years.



______11. A word, letter, or symbol associated with a specific product or company.



______12. A business that complete control of the market for a product or service.

Answers

Answer:

2. K3. B4. H5. C6. J7. A8. E9. D10. I11. L12. G

I Hope That's correct ✓ ;)

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