Answers
Lyricists looking to break into the big time may discover that their wordsmith skills are particularly suited to this field that can provide a paycheck, which is known as advertising.
What is advertising?Advertising is a marketing strategy that involves paying for advertising space to promote a product, service, or cause. Advertisements, or ads for short, are the actual promotional messages. Advertising's goal is to reach people who are most likely to be willing to pay for a company's products or services and persuade them to buy.Advertising raises consumer awareness of a new product, causing them to come and try it. After reaching a mature age, advertising aids in the creation of goodwill for the company and the acquisition of customer loyalty.Advertising strategies are classified into two types: institutional and product advertising. Institutional advertising is used to promote the brand of a company.There are traditional forms of advertising, such as newspapers, flyers, radio, and television, as well as newer forms, such as online advertising.The complete question :
"lyricists trying to break into the big time may find their wordsmith skills are particularly suited to this field that could provide paychecks is referred to as."
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Related Questions
Describe the risks involved in auditing financial investments, including why the auditors might need specialized skills.
Answers
The risks involved in auditing financial investments, including the auditors might need specialized skills is fraud risk.
What is an investment?An Investment is the dedication of an asset to gain an increase in value over a period of time. Investment needs a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset in a time period.
As a consequence of the constant corporate scandals linked to corruption as well as the emergence of new regulations worldwide, many executives recognize/identifies that the risk of fraud and irregular behaviors inevitably integrates their agendas, and they are fully aware of the need to create specific measures aimed at its timely and effective management.
Effective fraud risk management provides organizations the tools to manage risk in accordance with regulatory requirements, as well as with the needs of the business, the organization and market expectations.
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U.S. Treasury issues three types of Treasury securities: Treasury bills (T-bills), Treasury notes (T-notes), and Treasury bonds (T-bonds). The time to maturity (TTM) of T-bills is 12-month or less than 12-month. The TTM of T-notes is between 1 year and 10 years. The TTM of T-bonds is longer than 10 years. Which one(s) (T-bills, T-notes, or T-bonds) belong to the money market instrument(s)? Which one(s) belong to the capital market instrument(s)? If you would like to buy Treasury securities, which one(s) would you purchase? Explain why?
Answers
Answer:
Treasury bills (T-bills) are short-term money market instruments issued by the government to raise short-term funds. They are issued for terms of less than a year and are sold at a discount from their face value. T-bills have maturities of 4, 8, 13, 26, and 52 weeks. Therefore, T-bills belong to the money market instrument(s).
Treasury notes (T-notes) are issued with maturities from two to 10 years and pay interest semi-annually. Therefore, T-notes belong to the capital market instrument(s).
Treasury bonds (T-bonds) are long-term investments that have maturities of 10 to 30 years and also pay interest semi-annually. Therefore, T-bonds belong to the capital market instrument(s).
If you would like to buy Treasury securities, it depends on your investment goals. If you want a short-term investment with low risk and low return, you can consider buying T-bills. If you want a medium-term investment with moderate risk and moderate return, you can consider buying T-notes. If you want a long-term investment with high risk and high return, you can consider buying T-bonds.
Explanation:
I hope this helps
What factors do you think differentiate good decision makers from poor ones?
Relate your answer to the six-step rational decision-making model.
Answers
Answer:
Effective decision-makers are distinguished from poor ones by several factors. Firstly, good decision-makers have the ability to gather and analyze information effectively. They can identify relevant information and take the necessary time to carefully evaluate and consider it before making a decision.
Another crucial factor is the capacity to think critically and objectively. Good decision-makers can analyze all sides of an issue, consider multiple perspectives, and detect biases or assumptions that may be influencing their thinking.
Using the six-step rational decision-making model is another skill of good decision-makers. They can identify the problem, gather information, identify alternatives, evaluate alternatives, choose the best alternative, and implement the decision. They move systematically through each step of the model, taking the necessary time to consider all options and weigh the potential outcomes before making a decision.
Lastly, good decision-makers can effectively communicate their decisions and the reasoning behind them to others. They can articulate their ideas clearly and persuasively and are open to feedback and are willing to consider different perspectives.
In conclusion, good decision-makers possess skills such as gathering and analyzing information, thinking critically and objectively, using a systematic decision-making model and communicating effectively with others. These abilities enable them to make well-informed and effective decisions that lead to positive outcomes.
Hope it helps! : )Which of the following describes the evaluation stage of the creative process?
generating alternative solutions and taking a break
defining the problem by looking for new angles and gathering others' opinions, feelings
and ideas
O allowing your subconscious to work on the problem and gaining new insight into the
solution
assessing the solution to make sure the idea is practicality
Answers
The correct option is D. Assessing the solution to make sure the idea is practical and best describes the evaluation stage of the creative process.
What is Evaluation?
Evaluation is the fourth stage out of five stages of a creative process during this stage validate your idea and weigh it against the alternative.
Thus, the validation of your idea and weighing it among the alternatives best describe an Evaluation.
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An HR software sales rep is talking to a prospect for the first time about a premium software package. At the beginning of the call, the prospect ask,"How will your product help my business? " What should the rep do first?
Answers
The rep should first highlight the problems that the prospects is faced with and the solutions that the software will provide.
Who is a Sales Rep?A sales rep is basically a person hired by a firm to present what the firm does, they speak/preach what solution the company provides.
In other words, the sales rep is a manager of the company's brand and products.
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1. A public relations manager plans to delegate crisis communications responsibilities to a subordinate. What characteristic will the manager need to assess of the subordinate prior to delegating responsibilities?
Storytelling ability
Performance readiness
Selling experience
Active participation
2. A human resource director provides training for new managers learning how to adjust their leadership styles based on their staff’s abilities to self-manage and their level of confidence in performing their jobs. Which type of leadership training is being provided by the human resource director?
Telling
Persuasive
Participatory
Situational
Answers
The characteristic that the manager needs to assess of the subordinate prior to delegating responsibilities is:
Performance readinessThe type of leadership training that is being provided by the human resource director is:
SituationalWhat is Situational Leadership?Situational leadership is seen when a manager delegates tasks based on the performance readiness of his staff.
The performance readiness in this case combines the ability of the person receiving the task and their willingness to execute the assigned task.
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Master’s Cleaners’ average variable costs consist of $.70 of direct labor, $.30 of direct
materials, and $.50 of other variable inputs. If it has fixed costs of $1,000, what level of output
is required at a price of $2 to generate $500 in profits?
a. 1,000
b. 1,500
c. 2,000
d. 2,500
e. 3,000
Answers
Baiman, Inc. issues $1,000,000 of zero-coupon bonds that mature in 10 years. Compute the bond issue price assuming that the bonds' market rate is:
a. 10% per year compounded semiannually.
Round your answers to the nearest dollar.
Answers
Answer:
Zero-cupon bond= $376,889.48
Explanation:
Giving the following formula:
Face value= $1,000,000
Mature= 10*2= 20 semesters
Market rate= 0.1/2= 0.05
To calculate the price of the bond, we need to use the following formula:
Zero-cupon bond= [face value/(1+i)^n]
Zero-cupon bond= [1,000,000 / (1.05^20)]
Zero-cupon bond= $376,889.48
You want to buy a house that costs $140,000. You have $14,000 for a down payment, but your credit is such that mortgage companies will not lend you the required $126,000. However, the realtor persuades the seller to take a $126,000 mortgage (called a seller take-back mortgage) at a rate of 5%, provided the loan is paid off in full in 3 years. You expect to inherit $140,000 in 3 years, but right now all you have is $14,000, and you can afford to make payments of no more than $22,000 per year given your salary. (The loan would call for monthly payments, but assume end-of-year annual payments to simplify things.)
Required:
a. If the loan was amortized over 3 years, how large would each annual payment be? Could you afford those payments?
b. If the loan was amortized over 30 years, what would each payment be? Could you afford those payments?
c. To satisfy the seller, the 30-year mortgage loan would be written as a balloon note, which means that at the end of the third year, you would have to make the regular payment plus the remaining balance on the loan. What would the loan balance be at the end of Year 3, and what would the balloon payment be?
Answers
Answer:
Kindly check explanation
Explanation:
Given the following :
Cost of house = $140,000
Down payment = $14000
Take back mortgage = 126000 = PV
Rate (r) = 5%
Yearly payment one can afford = 22000
a. If the loan was amortized over 3 years, how large would each annual payment be? Could you afford those payments?
Number of period = 3
Using the relation:
PMT = r(PV) / 1 - (1 + r)^-n
PMT = 0.05(126000) / 1 - 1.05^-3
PMT = 6300 / (1-0.8638375)
PMT = 46,268.23
He won't be able to afford it, as the monthly payment is larger than the affordable amount of $22000
b. If the loan was amortized over 30 years, what would each payment be? Could you afford those payments?
PMT = r(PV) / 1 - (1 + r)^-n
PMT = 0.05(126000) / 1 - 1.05^-30
PMT = 6300 / (1-0.2313774)
PMT = 8196.48
He would be able to afford it, as the monthly payment is lower than the affordable amount of $22000
c. To satisfy the seller, the 30-year mortgage loan would be written as a balloon note, which means that at the end of the third year, you would have to make the regular payment plus the remaining balance on the loan. What would the loan balance be at the end of Year 3, and what would the balloon payment be?
Present value of remaining balance after the 3rd year:
Present Value (PV) = PMT[(1 - (1 + r)^-n) / r]
Where
PMT = periodic payment = 8196.48
r = Interest rate = 5% = 0.05
n = number of periods = 30 - 3 = 27
PV = 8196.48[(1 - (1 + 0.05)^-27) / 0.05]
PV = 8196.48[(1 - (1. 05)^-27) / 0.05]
PV = 8196.48[0.7321516 / 0.05]
PV = 120,021.32
Balloon payment :
120,021.32 + 8196.48 = 128,217.80
a. The annual payment if the Mortgage was amortized over three years is $45,315.96 (Interest + Principal)
The Mortgage payments are not affordable because his affordability funds are limited to $22,000 annually.
Annual Amortization Schedule
Beginning Balance Interest Principal Ending Balance
1 $126,000.00 $5,393.36 $39,922.60 $86,077.35
2 $86,077.35 $3,350.86 $41,965.10 $44,112.18
3 $44,112.18 $1,203.81 $44,112.15 $0.00
b. The annual payment if the Mortgage was amortized over thirty years is $8,116.80 (Interest + Principal)
The Mortgage payments are now affordable with his affordability amount of $22,000 per year.
Annual Amortization Schedule for the first three years:
Beginning Balance Interest Principal Ending Balance
1 $126,000.00 $6,257.79 $1,859.01 $124,141.04
2 $124,141.04 $6,162.68 $1,954.12 $122,186.97
3 $122,186.97 $6,062.70 $2,054.10 $120,132.93
c. Payments made by the end of the third year were $5,867.07 with a balance of $120,132.93.
Data and Calculations:
Cost of house = $140,000
Down payment = $14,000
Mortgage value = $126,000($140,000 - $14,000)
Mortgage interest rate = 5%
Affordable annual payments = $22,000
Thus, the balloon payment is always based on an agreed percentage of the loan, which is not provided here.
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what do you think makes us free
Answers
Answer:
Refers to the ability of a person to act out of his own free will and self-determination. This means that a person may decide to act or not to act, and these decisions are made out of his own free will. also means that a person may act even if he is not required or called to take action.
Explanation:
Which is a disadvantage of using credit?
Responses
Answers
There are several disadvantages of using credit that consumers should be aware of: High interest rates, Fees and penalties, Overspending, Overspending, Fraud and identity theft.
High interest rates: Credit cards often carry high-interest rates, which can accumulate quickly if the balance is not paid in full each month. This can result in a significant amount of debt and make it difficult to pay off.
Fees and penalties: Credit card companies may charge fees for late payments, over-the-limit balances, cash advances, and balance transfers. These fees can add up quickly and increase the amount owed.
Overspending: Credit cards can make it easy to overspend and accumulate more debt than can be easily paid off. This can lead to financial stress and negatively impact credit scores.
Impulse buying: Having a credit card can make it easier to make impulse purchases, which can add up over time and lead to overspending.
Fraud and identity theft: Using credit cards online or in-person increases the risk of fraud and identity theft, which can result in financial losses and damage to credit scores.
It is important for consumers to carefully consider the advantages and disadvantages of using credit before making a decision to use it.
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A very large company would be most likely to have a(n) ___ at the ahead of its accounting department.
A. Executive vice president
B. Controller
C. Chief financial officer
D. Accounting manager
Answers
A very large company would be most likely to have a Chief financial officer as the head of its accounting department.
The Chief Financial Officer (CFO) would most likely be in charge of the accounting division of a very large corporation. A company's Chief Financial Officer (CFO) is in charge of all financial operations, including accounting, budgeting, financial reporting, and forecasting. The day-to-day accounting activities of a corporation are managed by the controller, who holds a mid-level role. The basic duties of the accounting manager include leading a group of accountants and supervising the creation of financial statements and reports. Even though the executive vice president may be in charge of the entire organization, they could not have specific knowledge of accounting and finance.
A Chief Financial Officer (CFO) is a senior executive accountable for directing the financial actions of a firm. Monitoring cash flow, assessing the firm's financial advantages and disadvantages, and creating strategies for financial expansion are all tasks assigned to the CFO. Also, they are in charge of supervising the creation of predictions and current financial reports. In conclusion, the CFO is essential to the efficient management of a company's finances.
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On January 1, 1990, Emilio deposited $1650 into a savings account paying
6.2% interest, compounded monthly. If he hasn't made any additional
deposits or withdrawals since then, and if the interest rate has stayed the
same, in what year did his balance hit $3300, according to the rule of 72?
OA. 2001
B. 2003
OC. 2000
D. 2002
Answers
The time required to get a total amount of $3,300.00 with compounded interest on a principal of $1,650.00 at an interest rate of 6.2% per year and compounded 12 times per year is 11.209 years. hence the answer is
A. 2001
Compound Interest Calculation(about 11 years 3 months)
First, convert R as a percent to r as a decimal
r = R/100
r = 6.2/100
r = 0.062 per year,
Then, solve the equation for t
t = ln(A/P) / n[ln(1 + r/n)]
t = ln(3,300.00/1,650.00) / ( 12 × [ln(1 + 0.062/12)] )
t = ln(3,300.00/1,650.00) / ( 12 × [ln(1 + 0.0051666666666667)] )
t = 11.209 years
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Dominique and Isidora Wilson are wealthy entrepreneurs who are very interested in helping people who have been wrongly convicted of crimes. What philosophy would they choose to implement
Answers
People do things for different reasons.The philosophy they would they choose to implement is Philanthropy.
Philanthropy is a term that goes beyond the act of giving, Its aim is to encourage change in the community and people.This act been pursued is equally beneficial for the performer and the recipient. The field of philanthropy is lead by professional companies and people to worthy causes.
Giving yourself to a cause is very personal, and sometimes emotionally taxing of your time and money.
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Carlsberg beer has an elasticity of -0.5 and the company decided cut prices to increase the total revenues on New Year’s Eve.
Answers
itack on Titan sasageyo
(GIVING BRAINLIEST AS SOON AS I CAN!!)
In her role as an administrative professional, Martina is learning about different types of business letters she might be asked to type. Which is MOST likely to be requested by her manager?
A: acceptance letter
B: Dear John letter
C: happy birthday letter
D: chain letter
Answers
Your job pays you only once a year for all the work you did over the previous 12 months. Today, December 31, you just received your salary of $53,000 and you plan to spend all of it. However, you want to start saving for retirement beginning next year. You have decided that one year from today you will begin depositing 3 percent of your annual salary in an account that will earn 10 percent per year. Your salary will increase at 4 percent per year throughout your career. Required: How much money will you have on the date of your retirement 35 years from today?
Answers
Answer:
The amount of money you will have on the date of your retirement 35 years from today is $640,143.22.
Explanation:
This can be determined using the formula for calculating the future value of growing annuity as follows:
FV = M * (((1 + r)^n - (1 + g)^n) / (r - g)) ...................................... (1)
Where
FV = Amount on the date of retirement = ?
M = Annual deposit = Annual salary * Deposit percentage = $53,000 * 3% = $1,590
r = annual interest rate = 10%, or 0.1
g = salary growth rate = 4%, or 0.04
n = number of years = 35 years
Substituting all the values into equation (1), we have:
FV = $1,590 * (((1 + 0.1)^35 - (1 + 0.04)^35) / (0.1 - 0.04))
FV = $1,590 * ((1.1^35 - 1.04^35) / 0.06)
FV = $1,590 * ((28.1024368480643 - 3.94608899421194) / 0.06)
FV = $1,590 * (24.1563478538524 / 0.06)
FV = $1,590 * 402.605797564207
FV = $640,143.22
Therefore, the amount of money you will have on the date of your retirement 35 years from today is $640,143.22.
Outline at least 6 economic importance of home/domestic trade
Answers
There are several economic importance of home/domestic trade.
Some of the economic importance of home/domestic tradeBoosting economic growth: Domestic trade helps to stimulate economic growth by increasing the circulation of goods and services within a country. This leads to increased production, investment, employment, and income.
Encouraging competition: Domestic trade promotes competition by providing consumers with a wider range of goods and services to choose from. This encourages producers to innovate and improve the quality of their products to remain competitive in the market.
Creating employment: Home trade creates employment opportunities in various sectors such as transportation, logistics, retail, and wholesale. This helps to reduce unemployment rates and stimulate economic development.
Generating revenue: Domestic trade generates revenue for the government through taxes, tariffs, and other forms of levies. This revenue can be used to fund social and economic development programs, such as infrastructure development, education, and healthcare.
Reducing dependence on imports: Home trade helps to reduce a country's dependence on imports by increasing local production and consumption. This helps to save foreign exchange reserves and improve a country's balance of trade.
Encouraging entrepreneurship: Domestic trade provides a platform for entrepreneurs to start and grow their businesses. This helps to create a vibrant business environment and stimulate innovation and creativity.
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Xavier has been working at his first post college job for almost a year when his company gives him a raise, resulting in a paychecks increase of 200, for a total of $400 extra in take home pay every month. He makes a quick list of possible ways to use that money, along with relevant notes for each.
Save for fun summer vacation trip in 8 months
Estimated cost= $1000
Interest rate-- 1% - savings account
3 friends are going -- really want to join
Pay off credit card debt sooner
Balance= $6,500
Interest rate-- 20%
Completely up to date on payments
Typically pay monthly minimum only
Pay down student loan dept
Balance= $34,000
Interest rate-- 4%
Completely up to date on payments
Increase Emergency funds
Balance= $250
Interest rate-- 1% savings account
Realize this should be much higher
Have been lucky so far-- haven't used the account once yet
Participate in company 401(k) plan
Not participating yet
Interest rate-- Variable
Company will match dollar for dollar up to 5% of my salary ($250) a month)
Finance Nicer, more reliable car
Estimated cost- $25,00
Interest rate-- 6%
Currently driving 14-year-old car paid for in cash at a time for purchase
No down payment currently saved
Provide a detailed plan, including actual dollar amounts, for Xavier to wisely use the extra $400 per month from his raise. For each part of the plan, briefly describe why you're making this choice
Answers
Answer:9900
Explanation:
600=700
Xavier might utilise the extra $700 in take-home salary in the following ways:
What are possible ways to use that money ?Xavier might save some of the excess cash in a savings account to utilise in the event of emergencies, such as unanticipated auto repairs or unforeseen medical expenses. She may feel more financially secure and ready for the future as a result.
2) Pay off debt: Xavier might use the additional funds to settle any unpaid debts, including credit card balances and college loans. She might be able to lower her monthly spending and raise her credit score as a result.
3) Put some of the additional cash toward retirement: Xavier can think about putting some of the extra cash toward retirement by opening a 401(k) or IRA. This may enable her to save . She can use this to increase her future savings and possibly increase her income through compound interest.
4) Set aside some of the additional cash to save for a major purchase: Selena may set aside some of the extra cash to save for a major purchase, such a down payment on a home or a new automobile.
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Bill Blank bought 900 shares of a mutual fund with a NAV of $13.80. This fund has a load charge of 2%. What did Bill pay for the investment?
Answers
I’m almost sure I’m sorry if I’m wrong
Ethics Student Activity Packet
In this lesson, you will learn to:
- Define what ethics is
- Explore some of the ethical dilemmas our society faces, such as those posed by self-driving cars
- Analyze a number of ethical dilemmas and recommend how the people in these situations should proceed
NOTE: Vocabulary for this unit can be found in the NGPF Personal Finance Dictionary
RESOURCES
Discussion Prompts
Write your responses to the questions. Then, share what you wrote with your classmates or a partner.
QUESTIONS
1. How do you know if a behavior or action is right or wrong?
Answers
A behavior or action is right or wrong due to the fact that it is a specific kind of action, that tends to fits in with some principles or rules, and can also say the behavior is right or wrong due to the fact that it brings about good or negative consequences.
How do we know good and bad behavior?We must first comprehend what we mean when we speak about right and wrong in order to taken in how to acquire moral understanding.
Therefore, one can make use of Conscience-Based Action: Ethical Knowledge. It is seen as a more prevalent viewpoint that exists that is not too dissimilar from that. It is the notion that by paying attention to our conscience, we can determine what is morally right and wrong. What determines whether anything is right or wrong is that still, small voice within of us.
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1.Why is knowledge of consumer behavior important to the marketer?
Answers
The knowledge of consumer behavior is extremely important to the marketer in order to provide the customers with best possible products and earning profit for himself sideways.
CONSUMER BEHAVIOR is the study of consumers and the processes they use to select the product. It particularly deals with the psychological of the customer i.e., What the think? What they want? What are the trends they are interested in? At what price do they feel comfortable? And so on.
When the marketer understands the mental state of the consumer then he/she becomes fit to earn and compete with his fellow marketers. This enables him to provide the customers with the products of their choice at reasonable prices. This is how he sustains in market and earns profit.
Example: a marketer understands that customers are attracted by discounts. So he would increase the actual cost of product and increase the discount price. The selling price is not changed but since the customer thinks he is getting more discount, he is attracted.
Consumer Behavior is of great significance to marketers because it helps them to survive in the industry. It helps them to analyze business trends and helps to keep up with their competitors. It also helps to retain their customers.
Consumer buying behavior refers to the analysis of consumers' actions when selecting whether to get a good that meets their needs. it's an investigation into how customers behave and what motivates them to purchase and use particular goods.
The study of consumer purchasing behavior is crucial for marketers because it helps them comprehend what customers anticipate from them. Understanding what prompts a consumer to get a product is useful.
The importance of consumer behavior to marketers is discussed below:
Consumer diversification: It's a technique used in marketing to set one consumer apart from a group of related consumers. This aids in creating a target market of consumers who exhibit the same or comparable behavior.Customer Retention: Consumer behavior is incredibly crucial for both attracting new consumers and keeping hold of current ones. A satisfied customer is more likely to form the same purchase in the future. Therefore, it's important to sell the product in a way that encourages repeat purchases from customers.Forecasting Demand Patterns: By doing a consumer behavior analysis, a business can avoid spending plenty of money and energy on creating a product that won't be popular with customers.Competitiveness: Understanding and handling the competition are made easier by studying consumer behavior. Your brand may have a competitive edge supported consumer expectations.Develop Unique New Technologies: Businesses continually exerting to increase the likelihood that their novel ideas or new products will succeed. Amongst the foremost crucial methods is to carry out a thorough and careful study of consumer behavior.Learn more about consumer behavior : https://brainly.com/question/9566137
Which examples demonstrate common Sales and Service work environments? Check all that apply.
Tara travels to meet with customers and sell them parts.
Wesley works in an airplane, assisting passengers with their needs.
Audrey works in an office, taking customer orders over the telephone.
Bernard works at a ticket counter in an airport.
Yuk works on a ship, overseeing other workers.
Leo drives a large tractor-trailer truck across long distances.
Answers
Answer:
Option A, B, C and D demonstrate common Sales and Service work environments.
Explanation:
Sales & service work include primarily selling some thing to customers and also assisting the customers in some or the other way.
Of the given set of options, Option A, B, C and D demonstrate common Sales and Service work environments.
Tara sells parts to customer - Sales profile
Wesley assist passenger - hospitality service sector
Audrey takes order on phone - e commerce service sector
Bernard works at ticket counter - Recreational services
In the option E and F, Yuk and Leo are not working in common Sales and Service industry
Answer:
A, C, D
Explanation:
I did it
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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Which statement best summarizes the economic theories of Adam Smith?
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Economies work best when government leave businesses alone statement best summarizes the economic theories of Adam Smith. A system of ideas and precepts known as an economic theory.
Describes how diverse economies function. Depending on their particular role, an Economies may employ theories to achieve a variety of objectives. For instance, some theories try to explain why particular economic theories phenomena like supply and demand or inflation happen. The four main economic theories are Keynesian economics, supply-side economics, new classical economics, and monetarism. Economics, which is regarded as a social science, use scientific techniques to comprehend how society exchanges limited resources.
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A survey conducted recently in China showed that in the last two years, Investments in the businesses increased by almost 75%. The same survey also concluded that people became wealthy by investing in businesses, and this motivated other people to invest more in their respective businesses. What most likely triggered this increases in investment?
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calculate the gross margin in dollars and percentage for the home department if net sales = 140,000, billed cost of merchandise = $84,000, cost discount = 7.5%, shipping charges = 240
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Answer:
Gross Margin (dollars) = $62,060
Gross Margin % = 44.33 %
Explanation:
Calculation of Gross Margin
Net Sales $140,000
Less Cost of Sales
Opening Stock $0
Add Purchase of Merchandise $84,000
Less Trade Discount ($84,000 × 7.5%) ($6,300)
Add shipping charges $240
Cost of Goods Sold ($77,940)
Gross Profit $62,060
Gross Margin %
Gross Margin % = Gross Profit / Net Sales × 100
= $62,060 / $140,000 × 100
= 44.33 %
Critique the concept of Socialism using appropriate examples
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The concept of socialism can be critiqued using examples of countries in which socialist economic systems have been enforced similar as the former Soviet Union, Venezuela, Cuba.
Critics argue that these countries have experienced economic recession, low norms of living, and a lack of individual freedoms due to the absence of free request competition and government control over resources and product. Socialism's critics argue that the absence of incentives for individual initiative, innovation, and profit has led to low situations of effectiveness, productivity and quality in these countries.
sympathizers of socialism argue that there are also examples of socialist systems that have achieved high living norms and greater economic equality similar as in Scandinavia.
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What U.S. State is known as the Beehive State?
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Answer:
Utah
Explanation:
Utah territory became a state in 1896 and retained the beehive symbol on their flag.
Hope it helps!
Answer:
Utah is known as the beehive state
Luca wants to identify and quantify the chemicals causing air pollution in a city, but he is using a manual air sampler to collect air samples.The density of gold is 19.3 g/cm3. What is the volume of a 13 g gold nugget? (Density: D = )
Answers
Answer:
0.674 cm3
Explanation:
volume= mass / density