that part of a property and liability insurance contract that contains information about the property or activity to be insured is called the

Criticism about boards of directors has led more companies to make sure the people on their boards are: Independent managers.

Independent managers are those managers who are part of LLC's board of directors but does not partake in the day to day running of the operation of the company.

This in turn means that they are independent of Limited Liability Company's ownership because they are not part of the company entity team and they have no any form of relationship with a company.

Inconclusion criticism about boards of directors has led more companies to make sure the people on their boards are: Independent managers.

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The balance of the Manufacturing Overhead account is $30,000.

This is calculated by subtracting the actual amount of manufacturing overhead costs from the manufacturing overhead applied.
$150,000 (Manufacturing Overhead Applied) - $120,000 (Actual amount of Manufacturing Overhead costs) = $30,000 (Balance of Manufacturing Overhead account)

Since the manufacturing overhead applied is greater than the actual amount of manufacturing overhead costs, the overhead is overapplied at the end of the year. This means that the company has applied more overhead costs to its products than it actually incurred.

In conclusion, the balance of the Manufacturing Overhead account is $30,000 and the overhead is overapplied at the end of the year.

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A suit ready to be purchased by Eugene Delacroix with a regular price of $132.45 is on sale for $89.95,  the markdown on this suit is 47.25%.

Markdown on any sales item is calculated by the difference between the regular price and the sale price of the item divided by the actual or sale price.

According to the question, the suit regularly sells for $132.45 but is on sale for $89.95. So, the difference between the regular price and the sale price is $42.5. To calculate markdown, The difference between the prices is divided by the actual price.

Markdown percentage = (42.5 ÷ 89.95) × 100 = 47.25%

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Answer:

Fixed costs are the costs associated with your business's products or services that must be paid regardless of the volume you sell. ... Insurance - the liability insurance you hold on your business. Rent - the rent you pay on your office, factory, and storage space. Utilities - electricity, water, and other utilities.

Explanation:

(i) Equation of the IS curve: Y = 400 + 0.5Y + 800 - 200r - 100.

Equation of the LM curve: Y = (2400/3 - 1200P)/P.

The intercept of the IS curve is 1100, and the slope is 0.5.

The intercept of the LM curve is 800, and the slope is -400.

(iii) In steady state equilibrium, the values of the endogenous variables are: capital per worker (k*), output per worker (y*), and consumption per worker (c*). Graphically, equilibrium is represented by the point where the savings and investment curves intersect.

(iv) The golden rule capital-labor ratio is calculated by maximizing the steady-state level of consumption per worker.

The golden rule savings rate is the savings rate that achieves the optimal level of capital accumulation. The comparison between the golden rule capital-labor ratio and the capital-labor ratio in part (iii) determines whether the economy is operating above or below the optimal level of capital.

(i) The equation of the IS curve is Y = C + I + G, where Y is output, C is consumption, I is investment, and G is government spending. The equation of the LM curve is (M/P) = L(Y, r), where (M/P) is the real money supply, Y is output, and r is the interest rate. The intercept of the IS curve is (400 + 0.5G), and the slope is 0.5. The intercept of the LM curve is 400, and the slope is 1/3.

(iii) In the Solow growth model, the steady state equilibrium values can be calculated by setting the investment rate equal to the depreciation rate. We can solve for the steady-state values of capital per worker (k*), output per worker (y*), and consumption per worker (c*).

(iv) The golden rule capital-labor ratio can be calculated by maximizing consumption per worker in the production function. The golden rule savings rate can be calculated by equating the marginal product of capital with the depreciation rate. Comparing the golden rule capital-labor ratio to the capital-labor ratio in part (iii) shows whether the economy is operating above or below the optimal level of capital accumulation.

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Suppose two products that seem to be identical sell for different prices, and that transaction costs are zero and the products can be resold. The law of one price may not hold even when transaction costs are zero because of the feed costs of the companies selling the products may differ. Therefore, the correct option is A.

This is because the feed costs of the companies selling the products may differ, which can result in different pricing strategies.  Even though the products appear identical to consumers, the production costs for each company might be different.  For example, if one company has lower feed costs than its competitor, it may be able to offer the product at a lower price and still make a profit. Alternatively, if one company has higher feed costs, it may need to charge a higher price to cover its expenses. Therefore, even if the products appear identical, the underlying costs of production can still result in different prices.

As a result, the law of one price may not hold in this situation since the firms have different production costs, which influences the pricing of their products. Hence, the correct answer is A.

Note: The question is incomplete. The complete question probably is: Suppose two products that seem to be identical sell for different prices. Suppose also that transaction costs are zero and that the products can be resold. Why might the law of one price not hold? The law of one price may not hold even when transaction costs are zero because: A. the feed costs of the companies selling the products may differ B. costs associated with customer service are zero C. the government is not enforcing antitrust policies making price discrimination illegal D. the companies are operating in the short run and the Law of one price applies only to the long run E the company of one product may other secure methods of payment than its competitors.

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Surveys should have a word organization such that participants can:

Surveys should be worded such that the participant understands what is being asked of them and so respond accurately.

The questions should also be brief and concise to allow for them to be read in 10 to  20 seconds.

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How to attract customers, how to capitalize on growth opportunities, and how to respond to market conditions.

The four number one strategies of gaining an aggressive benefit are price management, differentiation, protecting techniques and strategic alliances cost management, Differentiation, and cognizance.

Michael Porter, the famous Harvard business faculty professor, recognized three strategies for establishing an aggressive gain cost management, Differentiation, and consciousness which incorporates each fee consciousness and Differentiation FocusCompetitive benefit. Is a product or service that an agency's customers place an extra price on than comparable services from a competitor.

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Answer:

B) conversion of debentures.

Explanation:

Debentures are a type of bond, they are basically unsecured bonds. In this case, some debentures are convertible into stocks and when this happens, earnings per share will be diluted immediately. Diluted earnings per share is basically what earnings per share would be if all the convertible stock options, bonds, etc., would converted into common stocks.

Answer:

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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The journal entry will be:

Debit: Accounts Receivable 2766

Credit: Sales 5000

Debit: Discounts Allowed 317

Credit: Trade Discount Allowed 300

Credit: Cash Discount Allowed 17

To record the sale of goods to Rakesh at a trade discount and cash discount, you would make a journal entry to debit Accounts Receivable (for the amount Rakesh will pay on credit) and credit Sales (for the revenue from the sale). The entry would also need to include any applicable discounts.

The trade discount is calculated by multiplying the list price of the goods by the trade discount percentage (6% in this case), so the trade discount would be:

5000 x 6% = 300

The cash discount is calculated by multiplying the list price minus the trade discount by the cash discount percentage (1% in this case), so the cash discount would be:

(5000 - 300) x 1% = 17

The total discounts is trade discount + cash discount

300 + 17 = 317

The amount Rakesh paid in cash would be calculated by multiplying the list price minus the discounts by the percentage he paid in cash (60% in this case), so:

(5000 - 317) x 60% = 2766

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Answer:

Money of rewards need to be greater than annual fee. APR because it determines interest you pay on balance you carry.

Explanation:

Options B, C, D. When making sell or process decisions, management should consider:

An individual goes through a decision-making process while deciding which alternative or course of action will best suit their needs. It is a series of actions performed by managers in an organization to decide the intended course for business objectives and to initiate particular actions.

Determining a decision, acquiring data, and weighing potential solutions are all steps in the decision-making process. By gathering pertinent data and clarifying options, a step-by-step decision-making process can assist you in making more careful, considered selections.

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question

When making sell or process decisions, management should consider: (Check all that apply.)

Multiple select question.

existing sales.

incremental costs of processing further.

revenue from selling as is.

revenue from selling after further processing.

costs already incurred in producing partially completed products.

Explanation:

the factors or elements in a firm's immediate environment which affect its performance and decision-making; these elements include the firm's suppliers, competitors, marketing intermediaries, customers and publics.

hope this helped :)

She is planning

Planning strategically. Strategic plans are all about the reasons why certain things must occur, according to Story.Planning for contingencies and tactical actions

It's crucial to review key measures that will position you and your business for success before you start the strategic planning process.

Types of planning

operational, preparation, Motivational speaker for CEOs Mack Story stated on LinkedIn that operational strategies are about how things should proceed. ...

Planning strategically. Strategic plans are all about the reasons why certain things must occur, according to Story.Planning for contingencies and tactical actions

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Answer:

foreign environment (uncontrollable

Answer:

The answer is realistic

Explanation:

I checked after getting it wrong

Answer:

Hahahahahahahha is it that much difficult

The choice for a particular emblem is called selective demand for.

The required details about selective demand is mentioned in below paragraph.

Selective demand for is the demandfor for a particular emblem, as opposed to for a wellknown product category. This technique happens while manufacturers create messages meant to growth their emblem identification and pressure hobby to their merchandise.Most advertising and marketing campaigns contain a selective demand for technique due to the fact corporations are seeking for to expose clients their aggressive advantage. This motivates purchasers to select services or products from one corporation over competitors. This form of marketing and marketing correlates with the desires of your business (to draw extra clients, distinguish your self from competitors, and acquire better revenue).

Selective demand for happens while a sure emblem desires to make human beings select their merchandise over others. Determine your most powerful sides, offer wonderful patron service, and sell your emblem on numerous channels to enhance your selective demand for.

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If the supply of natural gas increases due to new discoveries that are lowering the price of natural gas: then the price decreases and quantity decreases.

If the supply of natural gas increases due to new discoveries, it leads to a shift in the supply curve to the right. This results in a decrease in the price of natural gas and an increase in the quantity supplied. However, the statement in question is incorrect. When supply increases, assuming other factors remain constant, the price of natural gas decreases while the quantity of natural gas increases.

This is because the market becomes more saturated with natural gas, leading to a surplus. As a result, suppliers may reduce prices to stimulate demand and clear the excess supply. Therefore, the correct statement is that the price decreases and quantity increases when the supply of natural gas increases.

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The most appropriate career for Ethan is astronomy because he is very interested in the physical phenomena of other planets and Earth.

Vocational guidance is a term that refers to the process used to help young people choose the professional career they will pursue in their life based on their interests and abilities.

From the above, the best option for Ethan is a career related to the study of the planets and the Earth, because he is interested in it. Additionally, these sciences are related to mathematics, another topic that has interested Ethan.

So, the best option for Ethan is Astronomy.

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The required markup on absorption cost for Product A would be closest to 16%.The absorption costing approach to cost-plus pricing is an accounting method that combines direct and indirect costs into product costs.

The costing approach is used to calculate the actual cost of each product. Minden Corporation estimates that the following costs and activity would be associated with the manufacture and sale of product A:

Number of units sold annually 39,000Required investment $ 590,000Unit product cost $ 38Selling and administrative expenses $ 148,620The total cost of producing the units would be calculated using the absorption costing method.

The total product cost would be the sum of the unit product cost ($38) and the percentage of overhead costs that would be assigned to the product. The percentage of overhead costs that would be assigned to the product can be calculated as follows:

Total overhead costs

= Required investment × Rate of return on investment

= \($590,000 × 15%\)

= \($88,500\)Total units sold

= 39,000Total overhead costs per unit

= Total overhead costs / Total units sold

= \($88,500 / 39,000\)

= $2.27Required markup

= (Unit product cost + Total overhead costs per unit + Selling and administrative expenses per unit) / Unit product cost

=\(($38 + $2.27 + $148,620 / 39,000) / $38\)

= 1.16

= 116%Markup on absorption cost for Product A would be closest to 16%.

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Answer:

D) express agency

Explanation:

From the question, we are informed about Marlon who intends to sell a piece of real estate he owns and contracts Nita, a real estate broker, to make the sale. In the contract, Marlon authorizes Nita to make the sale at or above a minimum price he wants and the date by which he wants the sale to be completed. The contract also stipulates that Marlon should not hire another broker to sell that piece of land till the expiry of the contract period. Nita finds a suitable buyer, makes the sale in time, and is paid by Marlon for her services. In this case, the types of agency had Marlon and Nita entered into is express agency. Express agency can be regarded as an agency that is been set up through an oral or a written agreement that exist between agent and principal. This gives indication of their express intent as regards this representational status. In this agency, the written or spoken words of the principal is used in authorizing the agent so that he can to act on behalf of the principal. An agency can be regarded as contract which could be express or implied.

Describe at least three supply chains that provide products to your school book store. do they use cooperative supply chain methods to help reduce their costs

Supply chain management (SCM) has become “a highly sophisticated, technology-dependent, and collaborative discipline that combines the business functions of purchasing, operations, inventory management and warehousing. There are three main flows of supply chain management: the product flow, the information flow, and the finances flow.

What is Supply chain management?

Supply chain management, which covers all procedures that convert raw materials into finished commodities, is the management of the movement of goods and services. It entails the deliberate simplification of a company's supply-side operations in order to optimize customer value and achieve a competitive edge in the market. The handling of a good or service's full manufacturing flow, from the raw materials to the delivery of the finished product to the customer, is known as supply chain management.

Therefore,

Describe at least three supply chains that provide products to your school book store. do they use cooperative supply chain methods to help reduce their costs

Supply chain management (SCM) has become “a highly sophisticated, technology-dependent, and collaborative discipline that combines the business functions of purchasing, operations, inventory management and warehousing.

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Answer:

a. The price, cost, revenue, profit function = Revenue - Cost = (price * quantity - cost)

b. Break-even point = Total Revenue = Total Cost

= $450 = $450

break-even point in units = 10 items

c. Maximum profit = $150

Items to produce to get max profit = 20 items

Explanation:

a) Data and Calculations:

Sales Revenue for 10 items = $450 ($45 * 10)

Cost of sales for 10 items = $450

Sales Revenue for 20 items = $800 ($40 * 20)

Cost of sales for 20 items = $650

The price, cost, revenue, profit function = Revenue - Cost = (price * quantity - cost)

For 10 items, function yields = {($45 * 10) - $450} = 0

For 20 items, function yields = {($40 * 20) - $650} = $150

Firms often uses strategy in business. The companies are looking at HRM to support their company's strategy.

A strategy is known to be a kind of long-term lay out plan that one often makes or create for one's firm so that it can reach the desired, future state one has set out.

Conclusively, A strategy comprises of the company's goals and objectives, the type of products/services that would be created or produced and the target customers.

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Robina is shopping for a new television for her living room. As she is going through the purchase process, she continues to consult with her spouse, since this is a major purchase for the family, and even her teenage daughter is providing input to ensure that the new television will have all of the apps and capabilities she likes.

Since multiple people are affecting the purchase process, we would refer to the set of them (Robina, her spouse, and her daughter) as a decision-making unit.A decision-making unit is referred to as the individuals and groups that are responsible for purchasing decisions.

A family purchasing unit is a subset of decision-making units. It includes all the individuals who live together and share a common budget, whether related by blood or marriage or not, that act collectively in making a purchasing decision.

A multi-segment purchase unit is a group of people who buy a product or service but have different purchasing needs or concerns.

In contrast, a selective purchase unit is the subset of the decision-making unit, and it consists of one person or a group of people who have the final decision-making power for a specific purchase.

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