E-procurement net marketplace is a collaborative commence market place owned by an organization connecting manufacturers, suppliers, supporting industries into the business.
Who is a supplier?A supplier is any individual, company, or other entity that offers goods or services to another entity. A supplier might be a business that sells PCBAs to a laptop manufacturer or OEM, for instance.
What exactly are a business's suppliers?A supplier is a person or organization that offers a good or service to another company. Providing top-notch goods from a manufacturer at a competitive price to a distributor or retailer for resale is the responsibility of a supplier in a business.
To know more about Suppliers visit:
https://brainly.com/question/9379790
#SPJ4
Isabella and Antonio are auto mechanics. Isabella takes 6 hours to replace a clutch and 4 hours to replace a set of brakes. Antonio takes 8 hours to replace a clutch and 6 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage.
Isabella has an absolute advantage in both clutch replacement and brake replacement due to her ability to complete each task in less time.
- Isabella also has a comparative advantage in both clutch replacement and brake replacement, assuming similar skills and pay rates.
How to determine the whether anyone has an absolute advantage at either task and, for each taskTo determine absolute and comparative advantages in this scenario, we need to compare the productivity of Isabella and Antonio in replacing clutches and brakes.
Let's analyze the tasks:
1. Clutch Replacement:
- Isabella takes 6 hours.
- Antonio takes 8 hours.
Based on the time taken, Isabella has an absolute advantage in clutch replacement because she can complete the task in less time than Antonio.
2. Brake Replacement:
- Isabella takes 4 hours.
- Antonio takes 6 hours.
Again, based on the time taken, Isabella has an absolute advantage in brake replacement because she can complete the task in less time than Antonio.
Similar to clutch replacement, if we assume similar skills and pay rates, Isabella would also have a comparative advantage in brake replacement due to her ability to complete the task more quickly.
Comparative advantage is based on a comparison of opportunity costs, and without specific information about the trade-offs involved, we can infer that Isabella's ability to complete both tasks more quickly gives her a comparative advantage in both.
Learn more Comparative advantage at https://brainly.com/question/12291750
#SPJ1
Limitations of managerial economics
given that x is equals to -2 find the value of y and z for the simultaneous equation x+-z=-1, x-2y+z=-7
Answer:
Explanation:
given
x = - 2
Then
x + ( - z) = - 1
-2 - z = - 1
- z = - 1 + 2
z = - 1
now
x - 2y + z = - 7
- 2 - 2y - 1 = - 7
- 3 - 2y = - 7
- 2y = - 7 + 3
- 2y = - 4
y = 2
hope it helps :)
What will happen in the market for wine if the price of cheese increases (wine and cheese are complements)?
If wine and cheese are complement goods, when the price of cheese increases, the demand for wine would decrease.
What are complement goods?Complement goods are goods that are consumed together. An example of complement goods are bread and jam.
According to economic theory, there is an inverse relationship between price and the quantity demanded. When the price of one of the complement good increases, it would become more expensive to consume the good. Thus, there would be a decrease in demand for that good. As a result of the decrease in quantity demanded, there would b a decrease in demand of the other complement good.
To learn more about complement goods, please check: https://brainly.com/question/26369346
#SPJ1
The culture of most organizations is influenced most heavily by which of the following? A. government B. overall membership C. founder and top management D. competition E. customers
The culture of most organizations is influenced most heavily by founder and top management.
What does Organization means?
The process of structuring and coordinating the activities of individuals or groups in order to achieve a common goal is known as organization. It entails establishing goals, devising strategies, allocating resources, and tracking progress. Organizational structures provide a framework for individuals to collaborate and communicate, as well as facilitate collaboration and efficient decision-making.
What does Resources mean?
The term "resources" refers to any type of material or energy that can be used to achieve a goal. This can include both tangible resources like food, water, and tools and intangible resources like knowledge, skills, and ideas. In business, resources can also refer to financial capital and human capital, both of which are necessary for success.
To know mmore about Intangible,
https://brainly.com/question/14892188
#SPJ1
Blue Llama Mining Company is analyzing a project that requires an initial investment of $3,225,000. The project’s expected cash flows are: Year Cash Flow Year 1 $300,000 Year 2 –100,000 Year 3 425,000 Year 4 450,000 Blue Llama Mining Company’s WACC is 10%, and the project has the same risk as the firm’s average project. Calculate this project’s modified internal rate of return (MIRR):
Modified Internal Rate of Return (MIRR) = (Future value of positive cash flows / present value of negative cash flows) (1/n) – 1
= ($11,75,000 /-$3,304,400) (1/5) - 1
= -0.35558x -0.8
= 0.28446
MIRR = 28.46.
The modified internal rate of return (MIRR) presupposes that initial investments are funded at the firm's financing cost and that positive cash flows are reinvested at the firm's cost of capital.
The MIRR is calculated as:
Future Value of positive cash flows:
1 $300,000
3 $425,000
4 $450,000
Total $1,175,000
Present value of negative cash flows:
0 -$3,225,000
2 -$79400 )$100,000 x 0.794)
Total -$3,304,400
The Modified Internal Rate of Return for Blue Llama Mining Company is greater than its Weighted Average Cost of Capital. Therefore, the project should be accepted.
To learn more on MIRR, here:
https://brainly.com/question/29680060
#SPJ1
Unbanked Partner #1
1. I've had terrible customer service at the banks I've been into, so I don't like them and I
don't trust them. I'm certainly not leaving my money with them,
Being unbanked has become an increasingly common situation for many individuals in recent years. An unbanked person is someone who has no financial account with any institution. Individuals may choose to be unbanked for a variety of reasons, including a lack of trust in banks due to poor customer service or a negative experience.
A person may have experienced a bad encounter with a bank employee and choose to leave the bank and seek other banking options. They may also be unable to maintain a minimum balance in their bank account, and banks may impose fees for accounts that fall below a certain amount. It can be inconvenient to have to travel to a bank to withdraw money, especially if the nearest bank is far away. Additionally, the time spent waiting in line at a bank can be tedious, and it can be difficult to fit into a busy schedule.
There are alternatives to traditional banks that may be more convenient and better suit the needs of unbanked individuals. Credit unions, for example, offer similar services as banks but are often smaller and more focused on serving the community. Mobile banking apps have also become increasingly popular, offering services such as depositing checks and transferring money.
The use of prepaid debit cards is another option that allows for the convenience of a card without the need for a traditional bank account. The unbanked may also benefit from budgeting tools and financial literacy resources, which can help them make informed financial decisions and take control of their finances. Overall, being unbanked does not mean that an individual cannot access financial services or manage their money effectively.
For more such questions on unbanked
https://brainly.com/question/28790129
#SPJ8
Assume Country Cinderella is having a fractional banking system. The First National Bank acquires $600,000 in new deposits and initially uses part of this to make new loans of $400,000. The T-account of First National Bank, showing changes in its assets and liabilities, is as follows: Assets Change in Reserves $200,000 Change in Loans $400,000 Liabilities Change in Deposits $600,000 a) Assume that the Central Bank of Country Cinderella asks its banks to hold 10% of deposits as reserves. How much excess reserves does First National Bank hold?
b) Assume that all other banks hold only the required amount of reserves and that the public holds no cash. If First National Bank decides to reduce its reserves to only the required amount, by how much will the economy's money supply increase?
The current reserves stand at $200,000 thus resulting in surplus reserves of $140,000 ($200,000 - $60,000).
How to solvea) Taking into account the 10% reserve requirement, First National Bank's mandatory reserves total $60,000 ($600,000 x 10%).
The current reserves stand at $200,000 thus resulting in surplus reserves of $140,000 ($200,000 - $60,000).
b) Owing to the 10% reserve requirement, the money multiplier is calculated as 10 (1 / 0.1).
If the bank reduces its holdings down to the obligatory sum, the economy's money supply will hike by a stunning $1,400,000 ($140,000 x 10).
Read more about bank reserves here:
https://brainly.com/question/26960248
#SPJ1
Question 7 of 10
An example of an expenses that is not an allowable tax deductions is:
A. A hospital bill
OB. A donation to a charity
OC. An all inclusive vacation
OD. Home mortgage interest
All-inclusive vacations are not an example of expenses that are not allowable tax deductions.
What are the tax deductions allowed?They correspond to a form of exemption and credit in taxation, such as interest on a home mortgage, unreimbursed healthcare costs and charitable donations.
Therefore, tax deductions contribute to a reduction in taxable income and in the amount of taxable tax.
Find out more about taxes here:
https://brainly.com/question/25783927
#SPJ1
Answer:
the answer is C.
Explanation:
Interest rates on credit cards?
Answer: The interest rate on credit card is the amount of money that the bank charges for a specified period of time
Explanation: The interest comes along in your bill every month and varies on the amount of purchases that you have made in a monthm
True or False: Collaborating ethically in the workplace
is not as important as it is in an academic setting.
Answer:
False
Explanation:
srry if its wrong
2. Ellen went to play golf last week at her favorite course. As she was approaching the first hole, she noticed (1 point)
something different about the flag. When she got closer, she noticed that the flag was advertising a new
bistro that had just opened up in town. This advertising scheme is an example of marketing
O viral
direct
O guerilla
0 sales
Answer:
B.
Explanation:
The flag is simple and direct on where the business is, and what it is about.
The type of marketing that is done based on the new Bistro that has been opened is the sales marketing.
What is sales marketing?This is a type of marketing that intends to sell goods and services and also increase revenue for a business.
The business wants to drive upo its sales so they are advertizing to get as much customers as they can.
Read more on marketing here: https://brainly.com/question/25640993
Rugged Sports Enterprises LP is organized as a limited partnership consisting of two individual partners: Hockey LP and Football LP
A 37.65% equity for each limited partnership (and the total) for the year using the above data from Rugged Sports Enterprises LP.
What is partnership?The state of being a partner is referred to by the term partnership. A partnership is a type of business concern in which two or more persons share control as well as administration of the company and the financial gain or losses bring forth by the business.
Rugged Sports Enterprises LP is organized as a limited partnership:
Hockey LP:
Annual net income is $36,664
average equity = ($345,000 + $381,664) ÷ 2
average equity = $363,332return on equity= $36,664 ÷ $363,332
return on equity = 10.09%Football LP:
Annual net income is $751,612
average equity = ($1,414,500 + $2,046,112) ÷ 2
average equity = $1,730,306return on equity = $751,612 ÷ $1,730,306
return on equity = 43.44%Annual net income is $788,276
average equity=($1,759,500+ $2,427,776) ÷2
average equity = $2093638return on equity = $788276 ÷ $2093638
return on equity = 37.65%As a result, the conclusion of the partnership are the aforementioned.
Learn more about on partnership, here:
https://brainly.com/question/19988417
#SPJ9
Your question is incomplete, but most probably the full question was.
Rugged Sports Enterprises LP is organized as a limited partnership consisting of two individual partners: Hockey LP and Football LP. Hockey LP Football LP Total Beginning-year balance $ $345,000 $1,414,500 1,759,500 Annual net income 36,664 751,612 788,276 Cash distribution — (120,000 ) (120,000 ) Ending-year balance $ 381,664 $ 2,046,112 $ 2,427,776 Compute partner return on equity for each limited partnership (and the total) for the year using the above data from Rugged Sports Enterprises LP.
What type of entrepreneurial activity would you engage in?
What can Lena do to avoid the risk of having short supplies in times of need?
Lena works in an artificial jewelry-manufacturing unit. It is a family run business, and they have been depending on a single supplier for years.
As Lena is a proactive person, she can avoid the risk of being in short supplies of raw material by keeping a _______ supplier for every one main supplier.
Answer:
Backup
Explanation:
Answer:
Backup
Explanation:
Correct on Plato
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.
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
Corrs Company began operations in 2019 and determined its ending inventory at cost and at lower-of-LIFO cost-or-market at December 31, 2019, and December 31, 2020. This information is presented below: Cost Lower-of-Cost-or-Market 12/31/19 $ 356,000 $ 327,000 12/31/20 420,000 395,000 (a) Prepare the journal entries required at December 31, 2019, and December 31, 2020, assuming that the inventory is recorded at market, and a perpetual inventory system (cost-of-goods-sold method) is used.
The appropriate journal entries required at December 31, 2019, and December 31, 2020, assuming cost-of-goods-sold method and loss method is used are:
Corrs Company Journal entries
a) December 31, 2019
Debit Cost of goods sold $29,000
Credit Allowance to reduce inventory to NRV $29,000
($356,000- $327,000)
December 31, 2020
Debit Allowance to reduce inventory to NRV $4,000
Credit Cost of goods sold $4,000
($356,000- $327,000)-($420,000-$395,000)
b) December 31, 2019
Debit Loss due to decline inventory to NRV $29,000
Credit Allowance to reduce inventory to NRV $29,000
($356,000- $327,000)
December 31, 2020
Debit Allowance to reduce inventory to NRV $4,000
Credit Recovery of Inventory loss $4,000
($356,000- $327,000)-($420,000-$395,000)
c) The two methods above provides the same higher net income in each year.
Learn more here:
https://brainly.com/question/15649363
The total of the accounts receivable subsidiary ledger must equal?
Jamal is creating a four-fold brochure about the parts of a business including production, finance, marketing, and customer service. If he only wants to highlight the key aspects of each part with several bullet points, what information should he include? Briefly explain why you feel this is the most important information about each part of a business.
If Jamal is creating a four-fold brochure about the parts of a business including production, finance, marketing, and customer service If he only wants to highlight the key aspects of each part with several bullet points, the information he should include will be:
Jamal should carry out adequate and accurate research concerning the vital information that should be included in the brochure.
The information that he should include in his brochure should be:
He should include relevant information that the customers need in the brochure.He should show professionalism or he should show how professional he his when it has to to with his business.He should highlight the most important aspect of the business such as the company products and services. He shown reveal the purpose and objective of the business including what the business stand for.The reason why i feel this is the most important information about each part of a business is because it will enables people to know that he is good at what he does which will in turn help to promote the business.
Learn more here:
https://brainly.com/question/1921269
Fitz Company reports the following information.
Selected Annual Income Statement Data Selected Year-End Balance Sheet Data
Net income $412,000 Accounts receivable decrease $33,400
Depreciation expense 50,000 Inventory decrease 47,500
Amortization expense 7,300 Prepaid expenses increase 6,200
Gain on sale of plant assets 7,400 Accounts payable decrease 10,900
Salaries payable increase 1,300
Required:
Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31.
Answer:
Net cash from operating activities is $527,000.
Explanation:
This can be prepared as follows:
Fitz Company
Statement of cash flows
(Operating activities section only)
For the year ended December 31.
Details $
Net income 412,000
Adjustment to reconcile net income:
Depreciation expense 50,000
Amortization expense 7,300
Gain on sale of plant assets (7,400)
(Increase) decrease in current assets:
Accounts receivable decrease 33,400
Inventory decrease 47,500
Prepaid expenses increase (6,200)
Increase (decrease) in current liabilities:
Accounts payable decrease (10,900)
Salaries payable increase 1,300
Net cash from operating activities 527,000
Explain how opportunity cost is different for economic goods and free goods
Answer:
The difference is that free goods have exactly zero opportunity cost, because they cost nothing, their price is zero, and their use is non rival, and non excludable, meaning that if a person uses a free good, that person does not prevent any other person from using the good.
Economic goods, on the other hand, are goods that have a price, and that have a cost of production. Besides they are rival and/or exclusionary. The opportunity cost of an economic good varies depending on the good, but it is never zero.
If you wanted to make sure a company has enough money available to pay its bills, which financial statement would be most helpful?
A. Balance sheet
B. Income statement
C. Statement of owners' equity
D. Cash flow statement
Answer:
D. Cash flow statement.
Explanation:
I took the test and that was the right answer
If you wanted to make sure a company has enough money available to pay its bills, Cash flow statement would be most helpful. The correct option is (D).
What do you mean by the Cash flow statement?The cash flow statement lets you keep track of incoming and departing cash by displaying the source of that money. An organization's operational, investment, and financial operations all generate cash flow.
A cash flow statement's goal is to give a thorough account of what happened to a company's cash over a given time period, also referred to as the accounting period.
Based on how much money is coming in and going out of the company, it shows the organization's capacity to run both short- and long-term.
Therefore, if you wanted to make sure a company has enough money available to pay its bills, Cash flow statement would be most helpful.
To know more about the Cash flow statement, visit:
https://brainly.com/question/29768594
#SPJ2
Skidmore Music Company had the following transactions in March:
a. Sold instruments to customers for $16, 700, received $10, 700 in cash and the rest on account. The cost of the instruments was $7, 100.
b. Purchased $4, 900 of new instruments inventory; paid $1, 700 in cash and owed the rest on account.
c. Paid $720 in wages for the month.
d. Received $3, 100 from customers as deposits on orders of new instruments to be sold to the customers in April.
e. Received a $280 bill for March utilities that will be paid in April.
Required:
Complete the following statements:
1. Cash basis Income Statement
2. Accrual basis Income Statement
Answer:
Please sew below
Explanation:
Skidmore Music Company.
1. Cash basis income statement
Sales
$13,800
Less: cost of goods sold
$1,700
Gross income
$12,100
Wages expense
$720
Operating income
$11,380
2. Accrual basis income statement
Sales.
$16,700
Less: cost of goods sold
$4,900
Gross income
$11,800
Wages expense
($720)
Utility expense
($280)
Operating income
$10,800
Prompt
What is globalization?
Answer:
In economic terms, it describes an interdependence of nations around the globe fostered through free trade.
Explanation:
The process by which companies, organizations, and nations start working on an international level can be characterized as globalization in economics. The term "globalization" is most frequently used in relation to economics, although it also has an impact on and is influenced by politics and culture.
Globalization is the term used to describe how interconnected and dependent nations and economies are becoming. It is a complex phenomenon that includes global economic, political, technological, cultural, and social integration, among other things. It is crucial to remember that globalization is a complicated and ongoing process whose effects can differ between various nations and populations. While it has created many advantages and opportunities, it has also created difficulties that call for careful management and policy considerations in order to promote a more equitable and sustainable globalization.
Learn more about Globalization here:
https://brainly.com/question/30331929
#SPJ6
A bank offers 10.00% on savings accounts. What is the effective annual rate if interest is compounded continuously?
The effective annual rate if interest is compounded continuously equals to 10.52%.
What is an effective annual rate?This interest rate refers to the return on an investment or the rate owed in interest on a loan when the compounding periods is taken into account. The effective annual rate is equal to the nominal rate only if the compounding is done annually. So, when the number of compounding periods increase, the effective annual rate increases.
As we are looking for continuous compounding formula, the effective annual rate is as follows:
EAR = e^i – 1
Given data
A bank offers 10.00% on savings accounts.
EAR = e^(0.10) - 1
EAR = 1.10517091808 - 1
EAR = 0.10517091808
EAR = 10.52%
Therefore, the effective annual rate if interest is compounded continuously equals to 10.52%.
Read more about effective annual rate
brainly.com/question/17157418
#SPJ1
Give account of the political argument against outsourcing practiced by US firms.
Answer:
The political argument against outsourcing practiced by U.S. firms can be summarized in three arguments:
Explanation:
The trade balance argument: this factor is both economic and political, and those who agree with it argue that outsourcing contributes to the decline of American exports while raising the amount of imports at the same time, since those goods and services produced abroad by outsourcing have to be imported to the U.S. if they are to be consumed by American consumeres.
The American worker argument: outsourcing creates a job loss in the U.S. that affects American workers, specially those without a tertiary education. Those who agree with this argument state that outsourcing increases economic inequality, urban decay, rates of mental disease and drug use, and so on.
The national security argument: this argument applies to specific industries like the weapon industry or pharmaceutical. Supporters of this argument say that there are several industries and economic sectors that should not be outsourced on the basis of national security.
Which of the following statements is FALSE?
A) The Law of One Price implies that leverage will affect the total value of the firm under perfect capital market conditions.
B) In the absence of taxes or other transaction costs, the total cash flow paid out to all of a firm's security holders is equal to the total cash flow generated by the firm's assets.
C) With perfect capital markets, leverage merely changes the allocation of cash flows between debt and equity, without altering the total cash flows of the firm.
D) In a perfect capital market, the total value of a firm is equal to the market value of the total cash flows generated by its assets and is not affected by its choice of capital structure.
The concept mentioned is Leverage. The answer is option A, The Law of One Price implies that leverage will affect the total value of the firm under perfect capital market conditions.
The law of one price countries that in the absence of disunion between global requests, the price for any asset will be the same. The law of one price is achieved by barring price differences through arbitrage openings between requests.
Request equilibrium forces would ultimately meet the price of the asset. influence is an investment strategy of using espoused money — specifically, the use of colorful fiscal instruments or borrowed capital — to increase the implicit return of an investment.
Influence refers to the use of debt( borrowed finances) to amplify returns from an investment or design. The volition to flexible pricing is a one-price strategy where there's one set price for a given product that all guests must pay.
To know more about Leverage,
brainly.com/question/26978903
#SPJ4
Recently, "de-dollarization" has become a hot topic of global discussion. Recently, a Chinese think tank published an article saying that the trend of global de-dollarization has become very clear, and many countries in the world are working hard to reduce their dependence on the US dollar. The main driving force for this trend is my country's weaponization of its currency through excessive sanctions.
De-dollarization, or the reduction of dependence on the US dollar in global financial transactions, has indeed gained attention in recent years. While it is true that some countries are actively working to diversify their currency holdings and reduce reliance on the US dollar, it is essential to consider multiple factors that contribute to this trend.
One of the factors that have led to discussions about de-dollarization is the use of economic sanctions by the United States. Economic sanctions can be a powerful tool for a country to exert pressure on another nation, but they can also have unintended consequences. When the US imposes sanctions, it often restricts access to the US financial system, which is heavily reliant on the US dollar. This has prompted some countries to explore alternative methods of conducting international trade and finance to mitigate the impact of sanctions.
China, as a rising economic power, has been at the forefront of efforts to promote de-dollarization. It has taken steps to internationalize its currency, the yuan (also known as the renminbi), and has established currency swap agreements with various countries to facilitate trade settlements in yuan. Additionally, China has been promoting the use of its currency in international transactions through initiatives like the Belt and Road Initiative, which aims to enhance trade connectivity and financial integration among participating countries.
While weaponization of the US dollar through sanctions is indeed a contributing factor to the de-dollarization trend, it is not the sole driver. Other factors include concerns about the long-term stability of the US dollar, efforts by countries to reduce vulnerability to currency fluctuations, and geopolitical considerations. Some countries view de-dollarization as a way to enhance their economic and financial sovereignty, diversify risk, and reduce exposure to potential US policy changes.
It is important to note that the process of de-dollarization is gradual and complex. The US dollar still remains the dominant global reserve currency and the primary currency for international trade. The global financial system has deep-rooted structures and networks that make a rapid shift away from the US dollar challenging. However, as various countries seek to reduce their dependence on the US dollar, we can expect ongoing discussions and actions related to de-dollarization in the global economic landscape.
\(\huge{\mathfrak{\colorbox{black}{\textcolor{lime}{I\:hope\:this\:helps\:!\:\:}}}}\)
♥️ \(\large{\textcolor{red}{\underline{\mathcal{SUMIT\:\:ROY\:\:(:\:\:}}}}\)
Making money is always on the agenda of the media.
True
False
An example of a strategic plan would be
O retiring with no debt.
O winning a sporting event.
O earning extra money.
O doing inventory.