Imperial Jewelers manufactures and sells a gold bracelet for $408.00. The company’s accounting system says that the unit product cost for this bracelet is $268.00 as shown below:

Direct materials $147
Direct labor 85
Manufacturing overhead 36
Unit product cost $268


The members of a wedding party have approached Imperial Jewelers about buying 30 of these gold bracelets for the discounted price of $368.00 each. The members of the wedding party would like special filigree applied to the bracelets that would require Imperial Jewelers to buy a special tool for $452 and that would increase the direct materials cost per bracelet by $9. The special tool would have no other use once the special order is completed.

To analyze this special order opportunity, Imperial Jewelers has determined that most of its manufacturing overhead is fixed and unaffected by variations in how much jewelry is produced in any given period. However, $15.00 of the overhead is variable with respect to the number of bracelets produced. The company also believes that accepting this order would have no effect on its ability to produce and sell jewelry to other customers. Furthermore, the company could fulfill the wedding party’s order using its existing manufacturing capacity.

Required:
a. What is the financial advantage (disadvantage) of accepting the special order from the wedding party?
b Should the company accept the special order?

Answers

Answer 1

Answer:

2352, Yes

Explanation:

a) Incremental Cost = Direct Material cost + Direct labour cost + Filgree + Manufacturing overhead cost  

= 147 + 85 + 9 +  15 = 256

Total additional Cost = 256 x 21 = 5376

Incremental Revenue = 368

Total additional Revenue = 368 x 21 = 7728

Incremental net operating income = Total additional revenue - total additional cost

= 7728 - 5376 = 2352

b) As Incremental net operating income is positive, company is earning from the special order. Yes, it should accept it

Answer 2

 

The relevant costs for a decision to accept the special order are  :

1. Incremental Revenue from the special order  

2. incremental variable cost

3. The cost of the special tool

Unit variable cost = 147+ 85 + 9 + 15 = $256

The balance of manufacturing overhead would be incurred either way. Therefore, they are not relevant for the decision

                                                                                                     

Sales revenue from special order                                                $

(21× $368)                                                                                  7728

The Variable cost of special order                                                $

(21× $256)                                                                                    (5376 )

Financial advantage                                                                     2358

The company should accept the special order, as it will increase its profit by $2352

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Related Questions

Using the Base Case, calculate the annual sales growth for 2020E using a weighted-moving average of the past three years' growth rates, with the most recent year given a weight of 3, the next given a weight of 2 and the oldest given a weight of 1. What is the growth rate? Use this rate (exact calculation) for the entire forecast period in the Base Case.

Review Later
8.50%
9.40%
7.60%
10.60%

Answers

Based on the annual sales growth rates of the company and the weighted-moving average formula, the annual sales growth rate for 2020E is 10.60%.

What is the annual sales growth rate for 2020E?

First, find the growth rates in 2019, 2018, and 2017.

2019 growth rate:

= (150,772 / 131,345) - 1

= 14.79%

2018 growth rate:

= (142,341 / 131,345) - 1

= 8.37%

2017 growth rate:

= (131,345 / 131,345) - 1

= 0%

The estimated sales growth for 2020E is:

= (3/6 x 14.79) + (2/6 x 8.37) + (1/6 x 0)

= 10.6%

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Using the Base Case, calculate the annual sales growth for 2020E using a weighted-moving average of the

If increasing the number of goods produced is one way to increase
productivity, what is the other way to increase productivity?

Answers

Productivity refers to the measure of output per unit of input over a given period of time. A company’s productivity level is a crucial factor in determining its profitability. Productivity can be increased in different ways, including increasing the number of goods produced and reducing waste. These are the two ways to increase productivity. Therefore, the answer to the question is reducing waste.

Another way to increase productivity is to improve efficiency. Efficiency is a measure of how well inputs are converted into outputs. Improving efficiency means reducing the amount of time, effort, and resources needed to produce a certain output. A company can improve its efficiency in various ways, including using better technology, improving its production processes, and training employees to work more effectively. Increasing productivity is critical for the growth of any business. Productivity can be increased by implementing a wide range of strategies. Reducing waste is one way to increase productivity, while improving efficiency is another way. Both of these strategies help companies to achieve their goals by producing more goods in less time. In conclusion, companies need to explore ways to improve their productivity levels continually. This will help them to increase their profitability, grow their business, and remain competitive in the market.

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Which of the following describes a saturated market?
A. The prices of competitors are very high.
B. Many people want this product and haven't purchased it yet.
C. Most potential buyers have not heard of the product and don't know it exists.
D. Most potential buyers already have a product that satisfies this need or want.

will give brainliest

Answers

Answer:

D. Most potential buyers already have a product that satisfies this need or want.

Explanation:

A saturated market is one that is not creating additional demand for a product. It means demand for a particular product has reached its optimal level. In a saturated market, the sales growth of a product stagnates.  All potential buyers have a product they are happy to consume. New entrants will have a challenge penetrating a saturated market.

Answer:

D. Most potential buyers already have a product that satisfies this need or want.

Explanation:

basic level profession​

Answers

Answer:

The basic level profession

Communication skills business communicator is a key point for every type of job. The ability to communicate effectively is very important for business relationships.Decision- Making skills one of the hardest things in our life is to make decisions. but it is also is one of the most important abilities that has a crucial role for us.Leadership skills are among the top qualities and competencies in the professional skills list.Organizational skills you need in the workplace can include general planning, coordinating resources, and meeting deadlines.Time Management skills are an important part of organizational skills.Flexibility is among the top abilities in the professional skills list.Stress Management skills is a good professional never allows stress to reflect his/ her job and tasks

$1,500 in investment account with 8.5 percent interest

Answers

Explanation:

Results

At the end of 20 years, your savings will have grown to $4,811.

You will have earned in $3,311 in interest.

define commercial bank. ​

Answers

It’s a bank that offers services to the general public and to companies.

The accumulation of years of spending more money than is collected in revenues over several years creates a budget
O debt
O deficit
Osurplus
Oreversal

Answers

Answer:

deficit

Explanation:

Indeed, when a government accumulates years of spending more money than is collected in revenues a deficit budget is created as result.

For example, the United States is estimated to have a national debt of about 27 trillion dollars; meaning it has incurred expenses worth more than the total revenues gotten in the country for years. In other to prevent or go out from a deficit budget, more revenue-generating sources needs to be created in the economy so the country can operate a balanced budget.

Answer:

B

Explanation:

Deficit

Part A
Step 1 Starting at MIDNIGHT, (12:01am) ending 3 days later (72hr) at MIDNIGHT (11:59pm) You can start any day of the week, upto Sat Mar 04.

 For a minimum of 3 consecutive days monitor the time you spend doing the 8 different activities listed below
NOTE: Avoid using weekends only in your monitoring and try to stay with mid-week,
e.g. Tues, Wed, Thurs, where majority of days are mid-week.
 Use the attached time sheets to record blocks of time. Round off to the nearest hour. Precision isn’t the goal. e.g. 2hrs and 20 minutes, would be rounded down to 2 hours. 2 hrs and 30 minutes would be rounded up to 3 hrs.
 The full 24 hours of each day must be accounted for.
The following 8 categories are recommended to cover the majority of possible activities one might perform in the course of a day.

 Sleep
 Personal maintenance (showers, laundry, housecleaning, grocery shopping, family requirements etc.)
 Travel (to work, to school, or for appointments)
 Work hours (total hours at the workplace, excluding lunch or breaks)
 School (total hours in classes, plus time spent, studying, re-writing notes, completing assignments, time on blackboard)
 Fitness (formal or informal, attending the gym or walking home from work)
 Recreation (other than fitness related, TV, Movies, Leisure reading, online shopping, crafts, Video games, children’s sports activities, dates, coffee meet ups)
 Volunteer activities (United Way, Big Brothers/Sisters, your religious institution activities, PTA with schools)


Three day's activities
Time day day day
Activities Activities Activities
12:01-
1:00am
1:00am-
2:00am
2:00am-
3:00am
3:00am-
4:00am
4:00am
5:00am
5:00am-
6:00am
6:00am=
7:00am
7:00am-
8:00am
8:00am-
9:00am
9:00am-
10:00am
10:00am
11:00am
11:00am-
12:00pm
12:00pm
1:00pm
1:00pm-
2:00pm
2:00pm-
13:00pm
3:00pm-
4:00pm
4:00pm-
5:00pm
5:00pm-
6:00pm
6:00pm-
7:00pm
17:00pm-
8:00pm
8:00pm-
9:00pm
9:00pm-
10:00pm
10 00pm
11:00pm
11:00pm-
11:59pm

Answers

Here is an example of a three-day activity log:

The Activity Log

Day 1:

Time Sleep Personal Travel Work School Fitness Recreation Volunteer

12:01-1:00 1

1:00-2:00 1

2:00-3:00 1

3:00-4:00 1

4:00-5:00 1

5:00-6:00 1 1

6:00-7:00 1 1

7:00-8:00 1 1

8:00-9:00 1 1

9:00-10:00 1 1

10:00-11:00 1 1

11:00-12:00 1 1

12:00-1:00 1

1:00-2:00 1

2:00-3:00 1

Day 2:

Time Sleep Personal Travel Work School Fitness Recreation Volunteer

12:01-1:00 1

1:00-2:00 1

2:00-3:00 1

3:00-4:00 1

4:00-5:00 1

5:00-6:00 1 1

6:00-7:00 1 1

7:00-8:00 1 1

8:00-9:00 1 1

9:00-10:00 1 1

10:00-11:00 1 1

11:00-12:00 1 1

12:00-1:00 1

1:00-2:00 1

2:00-3:00 1

Day 3:

Time Sleep Personal Travel Work School Fitness Recreation Volunteer

12:01-1:00 1

1:00-2:00 1

2:00-3:00 1

3:00-4:00 1

4:00-5:00 1

5:00-6:00 1 1

6:00-7:00 1 1

7:00-8:00 1 1

8:00-9:00 1 1

9:00-10:00 1 1

10:00-11:00 1 1

11:00-12:00 1 1

12:00-1:00 1

1:00-2:00 1

2:00-3:00 1

Note: The actual activities and time allocation would depend on the individual's personal and work life. This is just an example to illustrate how the log can be filled out.

It's important to be honest and accurate while filling out the log to get the most benefit from it.

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which profession do you prefer to choose for your career engineer or doctor why​

Answers

Answer:

doctor

Explanation:

because if you are an engineer you will work harder then a doctorans you will get more money when your a doc

Wig Creations Company supplies wigs and hair care products to beauty salons throughout Texas and the Southwest. The accounts receivable clerk for Wig Creations prepared the following partially completed aging of receivables schedule as of the end of business on December 31, 20Y7:

Not Days Past Due
Past
Customer Balance Due 1-30 31-60 61-90 91-120 Over 120
ABC Beauty 20,300 20,300
Angel Wigs 7,500 7,500

Zodiac Beauty 4,100 4,100
Subtotals 1,305,500 743,100 296,100 127,700 43,000 17,300 78,300
The following accounts were unintentionally omitted from the aging schedule. Assume all due dates are for the current year except for Visions Hair & Nail, which is due in the next year.

Customer Due Date Balance
Arcade Beauty Aug. 17 $5,500
Creative Images Oct. 30 4,900
Excel Hair Products July 3 8,600
First Class Hair Care Sept. 8 6,900
Golden Images Nov. 23 3,900
Oh That Hair Nov. 29 2,900
One Stop Hair Designs Dec. 7 6,400
Visions Hair & Nail Jan. 11 4,300
Wig Creations has a past history of uncollectible accounts by age category, as follows:

Age Class Percent Uncollectible
Not past due 1 %
1-30 days past due 3
31-60 days past due 9
61-90 days past due 32
91-120 days past due 42
Over 120 days past due 75
Required:

Question Content Area
1. Determine the number of days past due for each of the preceding accounts. If an account is not past due, enter a zero.

Customer Due Date Number of Days Past Due
Arcade Beauty Aug. 17 fill in the blank 85ddb5ffaff8055_1
days
Creative Images Oct. 30 fill in the blank 85ddb5ffaff8055_2
days
Excel Hair Products July 3 fill in the blank 85ddb5ffaff8055_3
days
First Class Hair Care Sept. 8 fill in the blank 85ddb5ffaff8055_4
days
Golden Images Nov. 23 fill in the blank 85ddb5ffaff8055_5
days
Oh That Hair Nov. 29 fill in the blank 85ddb5ffaff8055_6
days
One Stop Hair Designs Dec. 7 fill in the blank 85ddb5ffaff8055_7
days
Visions Hair & Nail Jan. 11 fill in the blank 85ddb5ffaff8055_8
days

Answers

Company: The number of days past due is calculated by subtracting the due date from the current date.

What is Company?

A company is a type of business that is owned and operated by its shareholders. It is a legal entity that is separate from its owners and can be used to conduct business activities. A company can be organized in a variety of ways, such as a sole proprietorship, partnership, limited liability company, or corporation. Companies are typically formed to earn profits for their shareholders and are subject to regulations, taxation, and other legal requirements.

Customer Due Date Number of Days Past Due
Arcade Beauty Aug. 17 85 85ddb5ffaff8055_1 days
Creative Images Oct. 30 55 85ddb5ffaff8055_2 days
Excel Hair Products July 3 135 85ddb5ffaff8055_3 days
First Class Hair Care Sept. 8 75 85ddb5ffaff8055_4 days
Golden Images Nov. 23 15 85ddb5ffaff8055_5 days
Oh That Hair Nov. 29 9 85ddb5ffaff8055_6 days
One Stop Hair Designs Dec. 7 0 85ddb5ffaff8055_7 days
Visions Hair & Nail Jan. 11 -25 85ddb5ffaff8055_8days
The number of days past due is calculated by subtracting the due date from the current date. For example, Arcade Beauty is due on Aug. 17 and the current date is December 31, so the number of days past due is 85 days. Visions Hair & Nail is due on January 11, so the number of days past due is -25, since the due date is in the future.

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true or false
What makes marketing harder is that it is hard to understand the needs and wants of the customers. ​

Answers

Answer:

true

Explanation:

The needs and wants of the customers is an aspect that can change so it does make marketing harder.

explain the peripheral functions of management ​

Answers

Answer:

Explanation:

The peripheral functions of management refer to the additional activities that support the primary functions of planning, organizing, leading, and controlling. These peripheral functions include activities such as communication, decision-making, problem-solving, and coordination. They play a crucial role in ensuring effective management by facilitating information flow, resolving issues, making informed choices, and promoting collaboration among team members. While not the core functions, these peripheral activities are essential for the overall success and efficiency of an organization.


Hope it helps!

How do you build a beginners portfolio?

Answers

Building a beginner's investment portfolio can be a daunting task, but here are some general steps to help you get started:

Set your investment goalDetermine your risk toleranceDiversify your portfolio

What is beginners portfolio?

Set your investment goals: Before investing, it's essential to determine your investment goals, whether it's for long-term growth, short-term gains, or income. It's important to have a clear understanding of your investment objectives to make informed decisions.

Determine your risk tolerance: Investing always comes with risks, and it's important to identify your risk tolerance. Your risk tolerance will determine how much risk you're willing to take with your investments. Generally, investments that offer higher potential returns also come with higher risks.

Lastly, Diversify your portfolio: Diversification is key to managing risk. It means spreading your investments across different asset classes, such as stocks, bonds, and real estate, to minimize the impact of a single asset's poor performance.

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If a firm is interested in altering their D/E ratio they can engage in a ______.

Answers

If a firm is interested in altering their D/E ratio they can engage in a reducing/increasing their debt level.

What is known as D/E ratio?

In accounting, the Debt-to-equity ratio refers to an accounting tool that compares a company’s total liabilities with its shareholder equity and can be used to assess the extent of its reliance on debt.

The financial metric is used to evaluate a company’s financial leverage and is calculated by dividing a company’s total liabilities by its shareholder equity. It is important as its measure the degree to which a company is financing its operations with debt rather than its own resources.

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sollution for marketing in challenging times

Answers

Answer:

Keep your customers informed.

Reassure your customers.

Explain what you have to offer.

Send special offers via email.

Be personal.

Educate your customers.

Meet virtually.

yes loloolololololoolloolololololololoolololololol

Answers

Answer:

yup the true maeningnof lol Is laugh aloud or lots of love depending on how it's used

The mass of the eggs laid by a certain breed of hen is normally distributed random variable with mean 0.06kg and standard deviation 0.009kg. if a random sample of 1800 eggs are sold, how many would you expect to have mass
i. less than 0.052kg
ii. between 0.052 and 0.075kg)
III greater than 0.075





Answers

The correct answer by the standard deviation would be as follow:

i. less than 0.052kg - 288 eggs

ii. between 0.052 and 0.075kg) - 1476 eggs

III greater than 0.075 - 36 eggs

Given:

number of the samples, n = 1800 eggs

the mean of the distribution, m = 0.06 kg

standard deviation, d = 0.009 kg

(i) less than 0.052 kg (standard size):

1 standard deviation below the mean = m - d

m - d = 0.06 kg  -  0.009 kg = 0.051 kg

(the standard size is 1 standard deviation below the mean)

less than 1 standard deviation below the mean in a normal distribution is = 16% of the given samples

Number of standard size = 0.16 x 1800

= 288 eggs

(ii) Between 0.052 kg and 0.075kg (medium size):

0.052 kg is 1 standard deviation below the mean

2 standard deviations above the mean:

> m + 2d

> m + 2d

> 0.06 + 2(0.009)

= 0.078 kg

Between 1 standard deviation below the mean and 2 standard deviation above the mean in a normal distribution

= (68 + 14)%

= 82%

Number of medium size = 0.82 x 1800

= 1,476 eggs

(iii) Greater than 0.075 kg (large size):

0.078 kg is 2 standard deviations below the mean

greater than 2 standard deviation above the mean in a normal distribution = 2 % of the number of given samples

Number of large size = 0.02 x 1800

= 36 eggs

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Which of the following statements is false?
a. it is possible to compare one firm's accounting data with another firm's accounting data as long as both firms used generally accepted accounting procedures
b. many managers compare the financial results from one accounting period with the results from previous accounting periods
c. most corporations include in their annual reports comparisons of important elements of their financial statements for recent years
d. the format and information contained in one firm's financial statements are most likely to differ drastically from the format and information contained in another firm's financial statements
e. many firms compare their financial results with industry averages

Answers

Answer: D

Explanation:

Not necessarily. As long as the company follows GAAP (IFRS or ASPE), the format and information should be the same. This is because the accounting standards requires firm to report financial information in a specific way.

Normative economics deals with the sequences of specific policies.

OTrue
O False

Answers

I believe It is false

You and your best friend decide you would like to open a coffee shop. Create a sample logo, showcasing the name of your coffee shop. Determine the most appropriate way to protect your business name and logo through choosing the applicable intellectual property law.

Follow these steps to complete this activity. You will choose a name, create a logo with your preferred design program, and fill out a sample application for protecting your intellectual property.

Step 1: Create a name and relevant logo
Decide on a name for the coffee shop.
Using your preferred design program, create a relevant logo.
Step 2: Choose intellectual property law and do online research
Determine which intellectual property law applies to protecting names and logos.
Go online to your state’s government site.
Find applications to register and protect intellectual property.
Step 3: Complete application
Download the appropriate application.
Fill it out as if you planned to submit it.

Answers

To protect the name and logo of a coffee shop, one should choose the appropriate intellectual property law and complete the necessary application.

To protect their business name and logo, the owners should choose the applicable intellectual property law, such as trademarks or copyrights.

What steps must we follow to fill the application out as if you planned to submit it?

To complete the application for protecting the name and logo of your coffee shop, you can start by researching the relevant intellectual property law that applies to your situation.

Trademarks are the most common form of protection for business names and logos, so you should research the trademark registration process and requirements. Visit the website of the United States Patent and Trademark Office (USPTO) to learn more about trademarks and fill out the appropriate application form.

The application will require basic information about your business, such as the name and address, as well as a description of the logo and its intended use. You will also need to pay the application fee, which varies depending on the type of application and the number of trademark classes you choose. Once you have completed the application, you can submit it online or by mail to begin the process of protecting your coffee shop's name and logo

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100 pts
The table identifies how many thousands of units of corn and diamonds the United States and Congo can produce in one week. Use this data to answer the question that follows.


Corn

Diamonds

United States

60

10

Congo

20

5



Which statement is true based on the data table?
The United States should specialize in diamonds and trade for corn.
The United States should specialize in corn and trade for diamonds.
Congo should specialize in corn and trade for diamonds.
Congo should specialize in both corn and in diamonds.

Answers

Answer:

In view of the units of corn and precious stones delivered by the US, the open-door cost of creating corn is B. 10⁄60.

What is the open-door cost of delivering corn?

The open-door cost of delivering corn to the US would be the number of precious stones that are surrendered to make one unit of corn.

This can be found as:

= Units of jewels/Units of corn

= 10/60 jewels

All in all, choice B is right.

Answer:

B) The United States should specialize in corn and trade for diamonds.

Explanation:

I got it right on the test

Both __________ and __________ affect the awareness and motivation of a firm to undertake actions and responses. a. first-mover advantages; corporate size b. market commonality; resource similarity c. management capabilities; competitive analysis d. speed of management decisions; management actions

Answers

Answer:

b. market commonality; resource similarity

Explanation:

The two things that can impact the awareness and the motivation so that the firm could take the actions and responses is that the market commodity where the company deals with and the similarity of the resources. These two things would be required that can impact the awareness and the motivation level of the firm

hence, the option b is correct

Using the data provided​ below, calculate the inflation rate from to as measured by each of the three price indexes.​ (Enter your responses rounded to two decimal​ places.)

Price Index Value in august 2017 Value in august 2018 Inflation rate
Consumer Price Index for All Urban​ Consumers: All Items 245.30 251.88 _______%
Personal Consumption Expenditures​ (Chain-type Price​ Index) 106.12 108.46 _______%
Personal consumption expenditures excluding food and energy​ (Chain-type Price​ Index) 108.09 110.19

Answers

Answer:

Price Index

                                                                         Value in   Value in   Inflation

                                                                          August     August     Rate

                                                                            2017          2018

Consumer Price Index for All Urban​ Consumers:

All Items                                                             245.30     251.88  _2.68_%

Personal Consumption Expenditures​

(Chain-type Price​ Index)                                   106.12      108.46  _2,21_%

Personal consumption expenditures

excluding food and energy​

(Chain-type Price​ Index)                                  108.09       110.19    1.94%

Explanation:

a) Data:

Price Index

                                                                         Value in   Value in   Inflation

                                                                          August     August     Rate

                                                                            2017          2018

Consumer Price Index for All Urban​ Consumers:

All Items                                                             245.30     251.88 _______%

Personal Consumption Expenditures​

(Chain-type Price​ Index)                                   106.12      108.46 _______%

Personal consumption expenditures

excluding food and energy​

(Chain-type Price​ Index)                                  108.09       110.19

Calculations:

245.30     251.88   increase of 6.58: Rate = 6.58/245.30 * 100 = 2.68%

106.12      108.46   increase of 2.34: Rate = 2.34/106.12 * 100 = 2.21%

108.09       110.19    increase of 2.1: Rate = 2.1/108.09 * 100 = 1.94%

1.3 Eloberate on the meaning of crisis.​

Answers

a disruption or breakdown in a persons or families patteren

The dollar amount by which total rent exceeds base rent under a percentage lease for retail is referred to as:

Answers

Answer:

vacancy

Explanation:

Vacancy. The dollar amount by which total rent exceeds base rent under a percentage lease for retail is referred to as. Overage rent.

How should expatica enter into the international markets ?​

Answers

Expatica should enter into international markets by conducting extensive market research to identify potential markets and their unique cultural, economic and regulatory differences.

The process conducting extensive market research to identify potential markets and their unique cultural, economic and regulatory differences will help Expatica to tailor its offerings to meet the specific needs and preferences of each market. The company should also partner with local businesses to gain access to their networks and expertise in navigating the local market. Expatica should establish a strong online presence to reach a wider audience and invest in digital marketing to increase brand visibility and awareness. Additionally, the company should ensure compliance with local laws and regulations, and adapt to local customs and language to establish credibility and build trust with customers. Continuous monitoring of market trends and consumer preferences is crucial to ensure that Expatica remains competitive and relevant in each international market it enters.

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number 4 thank you. nn jb

number 4 thank you. nn jb

Answers

The unpaid balance after 1 year to the couple who borrow $ 90, 000 for 25 years, with monthly payments of $579.87 is $ 88, 140.24.

The amount of interest paid by the couple in the first year is $ 5, 356.21.

How to find the unpaid balance ?

To find the unpaid balance, first convert the periods to months:

= Total months for loan - months in first year

= ( 6 x 12) - 12

= 288 months

The interest is :
= 6 % / 12

= 0.5%

The amount remaining after the first year is :

= (579.87 x ( 1 - ( 1 + 0.5%) ²⁸⁸ ) ) / 0.5%

= $ 88, 140.24

The interest to be paid for the year is therefore :

= ( 12 x 579. 87 ) - ( 90, 000 -  88, 140.24)

= $ 5, 356.21

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10 POINTS!!!! PERSONAL FINANCE// WILL GIVE BRAINLIEST

Starting a small business or engaging in gambling are pure risks because both offer the possibility of success and/or failure.

A.
True

B.
False

Answers

B. False

Since both starting a small business and engaging in gambling offer the potential for both success and failure, they cannot be considered pure risks.

Starting a small business and engaging in gambling are not considered pure risks. Let's understand the concepts of pure risk and the nature of these activities to see why this statement is false.

Pure risk refers to situations where there is only the possibility of loss or no loss, but no possibility of gain. Examples of pure risk include natural disasters, accidents, and illness. In these cases, there is no opportunity for financial gain, only the potential for financial loss.

On the other hand, both starting a small business and engaging in gambling involve the possibility of both success and failure. In a small business, there is an opportunity for financial gain through successful operations, attracting customers, and generating profits. However, there is also the risk of failure, where the business may not generate enough revenue or face challenges that lead to financial loss.

Similarly, gambling involves the possibility of winning money, which is a potential gain. However, there is also the risk of losing money, which is a potential loss.

Option B is the correct answer.

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You are a medical records clerk working in the HCM department of a major hospital in your area. You over hear a co-worker on the phone stating that they have found a phone number and address of a patient and it appears to be a personal call. Explain the laws that may have been violated in the discussion background. Support your answer with evidence.

Answers

In the scenario described, it appears that a co-worker may have violated patient privacy laws by accessing and disclosing personal information for personal purposes.

As a medical records clerk, maintaining patient confidentiality and adhering to privacy laws is of utmost importance. The laws that may have been violated in this situation include:

1. Health Insurance Portability and Accountability Act (HIPAA): HIPAA is a federal law in the United States that protects the privacy and security of patients' health information. It prohibits unauthorized access, use, and disclosure of individually identifiable health information. The unauthorized use of a patient's phone number and address for personal reasons without a legitimate work-related purpose would likely violate HIPAA.

2. Confidentiality Laws: Many jurisdictions have laws that protect patient confidentiality and require healthcare professionals to maintain the privacy of patient information. These laws are in place to ensure that patients' personal information is not disclosed without their consent or a legally valid reason. Sharing a patient's phone number and address without a legitimate professional reason could be a breach of these confidentiality laws.

3. Professional Code of Ethics: Healthcare professionals, including medical records clerks, are bound by professional codes of ethics that require them to protect patient privacy and maintain the confidentiality of medical information. Violating these ethical obligations can result in disciplinary action and damage the trust between healthcare providers and patients.

It is important to note that the specific laws and regulations may vary depending on the jurisdiction. However, the general principles of patient privacy and confidentiality remain consistent. It is crucial for healthcare professionals to be aware of and comply with these laws to protect patient privacy and maintain the integrity of the healthcare system.

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What helps keep inflation under control

Answers

Answer:

money

Explanation:

money does the job oka

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