The contribution margin statement is primarily used for ______.

Answers

Answer 1

The contribution margin statement is primarily used for analyzing a company's cost structure and determining profitability.

Contribution margin statement is an accounting report that calculates the margin earned by a company on each item sold or service delivered. It is utilized to assess how various parts of a company's operations affect its overall profitability. It's based on the concept of contribution margin, which refers to the amount of money left over after variable expenses have been deducted from revenue. In other words, contribution margin is the money left over after all variable costs have been paid. It is then utilized to pay for fixed expenses, after which any surplus is considered profit.

To put it another way, it's the amount of money generated by each sale that can be used to cover fixed costs and generate a profit. The contribution margin is a critical metric for companies looking to improve their profitability.

Contribution margin statement aids in the calculation of the margin earned by a firm on each item sold or service rendered. This financial statement is used to analyze a company's cost structure and determine its profitability. It aids in the identification of areas where expenses may be cut, and profitability increased.

Therefore, it is critical for businesses to use the contribution margin statement to stay profitable.

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Related Questions

Business-to-business marketing involves the marketing of goods and services to organizations for use in the creation of goods and services that ______.

Answers

The marketing of goods and services to organizations so that they could create more goods and services that add value is known as business-to-business (B2B) marketing.

What is Business-to-Business?

Business-to-business means the business relationship between an entity and another. The organizations that buy B2B goods and services use them for either:

ResaleProduction Support of their works.

Thus, business-to-business marketing involves the marketing of goods and services by one organization to other organizations for use in the creation of goods and services that add value.

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Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy

Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.

Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:

Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:

What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?

Answers

1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.  

Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.

2. The real return on my investment in Amazon.com Inc was a net loss of  7.12% or $667.60.

3. The company I selected to buy its stock three years ago was Amazon.com Inc.

4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.

5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.

6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.

What is the stock investment?

Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.

The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).

Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)

Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)

Tax (10%) = $1,024.40 ($10,244 x 10%)

Inflation (3%) = $307.32 ($10,244 x 3%)

Administration fee on sales (2%) = $204.88 ($10,244 x 2%)

Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)

Loss on returns = $667.60 ($8,707.40 - $9,375)

Loss percentage = 7.12% ($667.60/$9,375 x 100)

Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.

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According to the video, what qualities do Carpenters need to have? Select three options.

math skills
physical strength
the abilty to work with their hands
language skills
leadership
the ability to motivate other people

Answers

Math skills, physical strength, and the ability to work with their hands are the skills that carpenters need.

What are carpenters?

Carpenters build, install, and fix various fixtures and buildings for homes, businesses, and industries. Carpenters often deal with concrete, steel, and wood. Carpenters are frequently involved in the upkeep and destruction of these buildings and furnishings. These tasks might range from constructing bridges to installing office building entrances.

The majority of carpenters learn their craft through a three to four-year apprenticeship that emphasizes core skills like sawing, measuring, drawing, and interpreting blueprints. There is an emphasis on safety instruction in addition to technical training. Carpenters need to be skilled with their hands, have a keen eye for detail, and be able to work through issues as they occur.

Therefore, math skills, physical strength, and the ability to work with their hands are the skills that carpenters need to have.

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Answer:

Math Skills

Physical Strength

The Ability To Work With Their Hands

depreciation is typically reported on the tax return _____ it is reported on the income statement.

Answers

Depreciation is typically reported on the tax return before it is reported on the income statement. Depreciation is an accounting method used to allocate the cost of an asset over its useful life.

While the concept of depreciation is the same for both tax and financial reporting purposes, the timing of when it is reported can differ. In general, for tax purposes, depreciation is reported earlier on the tax return compared to its reporting on the income statement. This is because tax regulations allow businesses to claim depreciation deductions to reduce taxable income and the associated tax liability. By reporting depreciation on the tax return, businesses can benefit from tax savings in the earlier years of an asset's useful life.

On the other hand, for financial reporting purposes, depreciation is reported on the income statement over the asset's useful life as an expense. This gradual recognition of depreciation expense reflects the matching principle in accounting, which aims to align expenses with the revenues generated from the asset.

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b. at the end of the day, first bank has $14 million of reserves. will first bank be a borrower or lender in the federal funds market?

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First Bank will be a borrower in the federal funds market. A reserve is a sum of retained earnings that a corporation has set aside to bolster its financial position, pay off debt and credit, purchase fixed assets, expand the business, and fund other activities.

These are typically carried out to prevent the money from being utilised for other things. There are no legal limitations on reserve funds, so the business is free to use them anyway it sees fit.

Accounting reserves are used to inform investors that a specific portion of money should not be utilised for dividends or share buybacks. Reserves are used to pay bonuses, pay debts, settle legal responsibilities, buy assets, and grow. For instance, a company might desire to set aside funds to pay for the acquisition of a new office. They debit the retained earnings account for £1 million and credit the Office Reserve fund for the same sum. The original reserve entry should be reversed once the transaction is complete, with £1 million being debited from the Office Reserve fund and $1 million being added to the Retained Earnings account.

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According to Trent McKnight, when do you enter the real world?
O Day of birth
O Day of graduation
O First day of school
O First day of work

Answers

According to Trent McKnight you enter the real world  Day of graduation

What does it mean to enter the real world

The concept of entering the "real world" is subjective and can vary depending on individual perspectives.

It is often associated with significant milestones or transitions in life, such as completing education, starting a career, or becoming independent. However, the interpretation of entering the real world may differ from person to person.

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Scorecards are necessary in DFSS for which of the following reasons? (A) Summarize predictions from statistical models that can be communicated and referenced at subsequent DFSS phases
(B) Track design optimization activities and results. (C) Identify missing elements or design issues. (D) Record design progress and store lessons learned. (E) All of the above

Answers

Scorecards are necessary in DFSS for summarize predictions from statistical models that can be communicated and referenced at subsequent DFSS phases, track design optimization activities and results, identify missing elements or design issues, and record design progress and store lessons learned. The correct option is e.

DFSS (Design for Six Sigma) is a design approach that employs Six Sigma concepts and tools to create products and services that meet or exceed customer expectations. It is a process for designing or redesigning a product or service that helps the business achieve customer satisfaction and quality.

To help project teams and managers visualize and comprehend the state of project objectives, design activities, and team progress, scorecards are used.

Scorecards summarize predictions from statistical models that can be communicated and referenced at subsequent DFSS phases and track design optimization activities and results, and identify missing elements or design issues.

Therefore, e is correct.

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your team has been asked by the chief marketing officer to present the findings of its market research project to the company’s executive team. your boss warns your team ahead of time that the executives may not be interested in your findings and that they may view your presentation as a waste of time.

Answers

Given that ones team has been asked by the chief marketing officer to present the findings of its market research project to the company’s executive team and the boss warns the team ahead of time that the executives may not be interested in the findings and that they may view the presentation as a waste of time, the "A direct, brief pattern" (Option A)

What is the rationale for the above answer?

Most times, when speaking to executives, it is best to avoid lengthy talk and do straight to the point. They have passed through the level you are at and have little that would impress or surprise them except your ability to quickly get to the issue and provide realistic solutions.

Thus, it is correct to plan the presentation such that it is direct, brief, and straight to the point.

Another strategy that would help is to get ready for interruptions with a one-sentence answer for every question asked, while being prepared to go deeper on every one of them.

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Full Question:

Your team has been asked by the chief marketing officer to present the findings of its market research project to the company’s executive team. Your boss warns your team ahead of time that the executives may not be interested in your findings and that they may view your presentation as a waste of time.

1. What organizational pattern would be best for this situation?

A direct, brief pattern

In indirect, persuasive pattern

A drawn-out, chronological pattern

________ refers to a diversification strategy that involves taking a step back (up) on the value chain toward the raw materials.

Answers

Backward integration.refers to a diversification strategy that involves taking a step back (up) on the value chain toward the raw materials.


Backward integration is a type of diversification strategy in which a company moves upstream in the value chain by acquiring or establishing its own sources of raw materials or components. This allows the company to have greater control over its supply chain and potentially reduce costs. For example, a clothing manufacturer might decide to backward integrate by acquiring a cotton farm to ensure a reliable and cost-effective source of raw materials. Similarly, a car manufacturer might decide to backward integrate by acquiring a tire manufacturer or steel mill to ensure a reliable supply of components. Backward integration can also help companies to improve quality control and shorten lead times, which can give them a competitive advantage in the marketplace. However, backward integration can also be risky and expensive, particularly if the company has limited expertise in the new area of operation.

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Two key management functions that need particular attention when starting a business are: a) staffing and controlling b) marketing and public relations c) human relations and accounting d) planning and financing

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The two key management functions that need particular attention when starting a business are: a) staffing and controlling.

Staffing involves the process of hiring, training, and retaining employees for the business. It is important to pay particular attention to this function as it is crucial to have the right employees with the right skills to ensure the success of the business. Controlling, on the other hand, involves monitoring the performance of the business and making necessary changes to ensure that the business stays on track with its goals. It is important to pay particular attention to this function as it helps ensure that the business stays on track and achieves its goals.

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Shondra’s family’s monthly net income is $6,654. The family’s budget is shown in the circle graph below. The family decides to increase the savings budget by 3 percent by decreasing one of the variable expenses by 3 percent. A circle graph titled Family Budget. Housing is 30 percent, Food is 27 percent, Savings is 10 percent, Transportation is 12 percent, medical is 7 percent, clothing is 10 percent, emergency fund is 4 percent. If the family decreases the clothing budget by 3 percent, what amount will it have to spend on clothing? Round to the nearest dollar. $266 $466 $645 $665

Answers

Answer:

B. 466

Explanation:

All you need to do is take the net income and multiply it with the percentage of the clothing budget. Since the budget for clothing is brought down from 10% to 7% the equation becomes:

\(6654(0.07)=465.78\)

Answer:

I believe that the answer is B

Explanation:

2. Davidson describes two fundamentally different economic philosophies that both impact the debt crisis that the US faces. What are these philosophies? Do you agree with one more than the other?

Answers

Answer:

Davidson describes two philosophies that are represented each by the Republican Party and by the Democratic Party.

Republicans believe, according to Davidson, that the economy works best when the state keeps its hands off it. Republicans view a free market economy without government intervention as essentially a perfect machine that can coordinate the interests of vastly different goups of people (this is the concept of the invisible hand, developed by Adam Smith).

The Democrats, on the other hand, while seeing Capitalism as the most efficient economic system, believe that the capitalist economy needs to be regulated by the state, because otherwise, a free market generates undesirable effects like externalities and economic inequality.

According to Davidson, the republicans and the democrats as philosophies are two fundamentally different economic philosophies that impact the debt crisis facing the US. I agree more with the republican side of things, life can't always come with an aim of everything being "equal" and "fair".

What includes a physical part of a computer

Answers

Answer:

the physical parts of a computer are called hardware

hope this helps

After leaving on my headlights all night, my automotive battery from problem 1 is drained of all its energy. I plan to recharge the battery by connecting it to a battery charger powered by the 120 VAC power outlet in my garage. The battery charger is essentially a 120 VAC to 12 VDC power supply. The charger is 90% efficient at converting AC power into DC power. In other words, 90% of the 120 VAC power that goes into the charger shows up as 12 VDC power. The other 10% of the power that comes in is converted to heat within the charger. If I want to warm my garage, this heat is useful, otherwise it is considered a waste product. Batteries are not 100% efficient. In other words, not all of the energy you put into them during charging can be extracted during discharging. This is because the battery generates heat, and also undergoes some chemical reactions that consume energy. Assume to fully charge the battery of problem 1 you will need the charger to put in 120% of the energy that was extracted during discharging (actual lead acid batteries are probably less efficient than this). Assuming you pay the average rate for residential electrical power in the USA (you will need to look this up, or if you wish, you can use the rate that showed up on the last utility bill you paid).


Required:

How much will it cost to recharge your battery?

Answers

Assuming you pay the average rate for residential electrical power in the USA, the total cost of recharging the battery will be $0.143.

After leaving on headlights all night, the automotive battery of the problem given in the statement is drained of all its energy. The problem is providing with some information given below:-

The battery charger is 90% efficient at converting AC power into DC power. 90% of the 120 VAC power that goes into the charger shows up as 12 VDC power.

The other 10% of the power that comes in is converted to heat within the charger.To fully charge the battery, you will need the charger to put in 120% of the energy that was extracted during discharging.

Residential electrical power in the USA is taken as $0.13/kWh.

Energy extracted during discharging= 1.2 * 1.1

= 1.32 times that of the battery capacity

= 1.32 × 0.75 kWh

= 0.99 kWh

The charger has an efficiency of 90%, so energy supplied to the charger = Energy extracted / Efficiency

= 0.99 kWh / 0.9

= 1.1 kWh

Amount of energy supplied to the charger= 1.1 kWh

Cost of electricity per kWh= $0.13/kWh

Total cost= Amount of energy supplied × Cost per unit

= 1.1 kWh × $0.13/kWh

= $0.143

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All of the following are true for those who are not responsible with credit EXCEPT which one?

A: They have a higher balance that is carried over month to month
B: They charge fewer items or make the full payment each month
C: They charge more items, even if they cant pay the entire amount
D: They end up paying more in interest fees

Answers

All of the following are true for those who are not responsible with credit EXCEPT  They charge fewer items or make the full payment each month.

What is meant by credit?

This is the term that is used to refer to the fact that a person is able to get a way of paying for the goods and services that they make use of through the use of credit card that is issued to them by a credit facility.

The issue here is that the people that have a bad credit would have to be paying more in fees at the end of the day because it would keep piling. They would also have greater credit balance that they are to pay as well.

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Name THREE benefits of being a for-profit business.
tax exemption
profit sharing (profit maximization)
swift expansion
innovation

Answers

The THREE benefits of being a for-profit business are:

profit sharing (profit maximization)swift expansioninnovation

The establishment of a for-profit business has some clear advantages: self-employment and financial rewards proportional to success.

What are the disadvantages of a for-profit business?

The disadvantages of a for-profit business are Limited access to receive grants, and No tax deduction to donors. One big drawback of for-profit companies is that they are not generally eligible to receive foundation and government grants (with some exceptions)

Therefore, the correct answer is as given above

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A passive fund manager would be most likely to do which of the following ?A- Research the stocks in the benchmakr's portfolio extensively so as to align with itB- Align with both the market and individual funds by using competitive informationC- Beat the Benchmark Index performance by achivieng a higher returnD- Match the fund's performance to the benchmark index 's performance

Answers

A passive fund manager would be most likely to do Match the fund's performance to the benchmark index's performance. Thus the correct option is D.

What is a Passive fund?

Funds that are managed passively stick to an index. High turnover may potentially be a problem for passively managed funds since the fund will experience it if the index experiences it. It results in lower risk, flexibility, effective tax rates, and ease of use.

An objective of a passive fund manager is to monitor the performance of a specific index or stock market. The index that passive managers are seeking to track and use to rebalance the fund are at odds with one another.

Therefore, option D is appropriate.

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Which of these is a reason why a company may want to recruit internally? A Better chance of fresh ideas o B. Broader experience within the industry c. Familiarity with the company mission D. Saving money on salaries​

Answers

Answer:

C. Familiarity with the company mission.

Explanation:

As a corporate director, I tend to seek talent within our organization for this very reason. Long term team members whom plan on growing with our organization are, at times, best suited for roles above their current level due to their loyalty and familiarity with the company mission. Promoting within gives great culture to a company and adds to overall moral.

Which situation describes an oligopoly market structure? A. One company builds and sells all of the cars available in a developing country. B. Many different vendors sell the same few T-shirt designs to fans at a concert. C. Solar panels are only available from two companies operating in a country. D. A government gives one company full control over water treatment in a city.

Answers

Answer:

Answer C

Explanation:

Answer:C)

Explanation:just got it right<3

What will be Gamma Inc.'s return on equity if total asset turnover is 0.85, operating profit margin is 0.15, two-thirds of its assets are financed through equity, and debt burden is 0.6

Answers

Based on Gamma Inc's asset turnover, operating margin, and debt burden, the Return on Equity would be 11.48%.

What would be Gamma's Return on Equity?

This can be found by the formula:

= Asset turnover x Operating profit margin x Leverage ratio x Debt burden

Solving gives:

= 0.85 x 0.15 x (1 / (2/3)) x 0.6

= 11.475%

= 11.48%

In conclusion, the ROE is 11.48%.

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Interview a business manager on the crisis experienced in the workplace

Answers

Answer:

During an interview, a hiring manager may ask you about previous challenges you've faced in the workplace. The most effective answer to this question will highlight your problem-solving skills and professionalism. Preparing for this question ahead of time will provide you with greater confidence and a better chance of impressing the hiring manager. In this article, we discuss why employers ask this question, explain how to answer it and provide you with a list of example answers.

Explanation:

Interviewing a business manager on the crisis experienced in the workplace will help to know how efficient the business manger is.

What is a Business Manager?

A business manager can be defined as a person that help to manage a company or an organization business so as to ensure that the business is running effectively.

A business manger is in the right position  to know the crisis happening in his/her workplace and how to effectively manage the crisis and to ensure smooth running of the business.

Therefore Interviewing a business manager on the crisis experienced in the workplace will help to know how efficient the business manger is.

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the sales returns and sales allowances accounts are classified as

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These two Sales Revenue accounts (the sales returns and sales allowances) are classified as Contra accounts.  They have debit balances unlike the Sales Revenue account.

The purpose of their creation is to maintain the Sales Revenue account at its gross amount for measure purposes.

The Sales Returns account is the General Ledger account for recording goods returned by customers.  It reduces the Accounts Receivable account, which is credited with Sales Returns.

The Sales Allowances account records allowances granted to customers for defective goods, which reduce their balances.

Thus, the two sales accounts are contra accounts and they have debit balances.

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An economic benefit of non-toxic fly ash produced at a waste incinerator is the ash may:
A. be treated with a weak acid
B. be added to a landfill
C. be used in the production of cement blocks and cement flooring
D. require special toxic handling
E. be used in the production of plastic

Answers

An economic benefit of non-toxic fly ash produced at a waste incinerator is the ash may be used in the production of cement blocks and cement flooring. Thus, option C is correct.

What is fly ash?

Fly ash, flue ash, cοal ash, οr pulverised fuel ash (in the UK) – plurale tantum: cοal cοmbustiοn residuals (CCRs) – is a cοal cοmbustiοn prοduct that is cοmpοsed οf the particulates (fine particles οf burned fuel) that are driven οut οf cοal-fired bοilers tοgether with the flue gases. Ash that falls tο the bοttοm οf the bοiler's cοmbustiοn chamber (cοmmοnly called a firebοx) is called bοttοm ash. In mοdern cοal-fired pοwer plants, fly ash is generally captured by electrοstatic precipitatοrs οr οther particle filtratiοn equipment befοre the flue gases reach the chimneys. Tοgether with bοttοm ash remοved frοm the bοttοm οf the bοiler, it is knοwn as cοal ash.

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distribution requirements planning helps to synchronize supply chain partners at the a. primary storage level. b. secondary delivery level. c. primary schedule level. d. master schedule level.

Answers

The main answer is d. master schedule level. Distribution Requirements Planning (DRP) helps to synchronize supply chain partners at the master schedule level.

This means that DRP assists in aligning the production and distribution plans of various partners in the supply chain. It involves coordinating the timing and quantity of inventory replenishment to meet customer demand while minimizing excess inventory and stockouts.

In more detail, DRP works by analyzing customer demand data, considering lead times, and coordinating with suppliers to ensure the right amount of inventory is available at the right time and in the right location. It helps in managing the flow of goods from suppliers to manufacturers, and from manufacturers to distributors or retailers.

By operating at the master schedule level, DRP allows supply chain partners to make informed decisions regarding production levels, order quantities, and delivery schedules. It promotes better collaboration and coordination among partners, leading to improved efficiency, reduced costs, and enhanced customer satisfaction.

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Which aspect is an essential feature of a joint venture between two companies that come together for global trade?

A.
shared production facilities
B.
shared marketing staff
C.
shared workspaces
D.
joint equity ownership

Answers

Answer:

D.  joint equity ownership

Explanation:

The aspect that is an essential feature of a joint venture would be joint equity ownership. That is because in a joint venture all parties combine all of their resources and share in both the liability and profits of the company. Joint Equity Ownership is the main part of this as it explains how these companies joint their assets in order to make as much profit as possible from their business venture.

Why is it important to maintain network relationships, even after you have found a job?
a. You never know when you are going to have to find a new job.
b. You can return the favor by helping network members with career advice and job leads.
You will remain informed and connected to people in your field.
d. All of the above
C.
Please select the best answer from the choices provided
ΟΑ
B
С
OD

Answers

Answer:

D (all of the above)

Explanation:

When a person has gotten a job, it is critical to keep network contacts since a person never know when he will need to locate a new career, and he will stay informed and connected to bin his sector.

What is network relationships?

Relationship networking is another name for network relationships. It's all about making connections and finding ways for both sides to gain. Like the relationship, networking and partnerships intersect in numerous ways, resulting in economic potential.

Even when a person has gotten a job, it is critical to keep network contacts since you never know when you will need to locate a new career, and he will stay informed and connected to people in the sector.

With the utilization of network ties, an individual might refund the kindness by supplying career counseling and job metals to network members.

Therefore, option D is correct.

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Beekeeping has become a focus of Jacinta’s life. She understands that bees are fast disappearing and works hard to keep her hives healthy and productive. The Agriculture, Food, and Natural Resource pathway Jacinta works in is _____.
a) Food Products & Processing Systems
b) Agribusiness Systems
c) Animal Systems
d) Natural Resources Systems

Answers

Answer:

the answer is b which is: Agri business

Answer: c

Explanation:

_____ is an insignificant value per share of capital stock specified in the corporate charter. Multiple choice question. Seasoned value Treasury Stock Par value Additional Paid-in Capital

Answers

The insignificant value per share of capital stock that is been set and introduced in the charter can be regarded as par value.

Par value can be explained as the value of a single common share which is been specified by corporation's charter.

This cannot be been  related to the actual value of the shares.

Therefore, par value is the correct term.

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-. Describe the four factors of production. How have the owners of Finagle A Bagel used them to
build the business over time?

Answers

Answer:

Factors of production are the resources people use to produce goods and services; they are the building blocks of the economy. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.

How many publications are related to green nanoparticles?

Answers

Answer:

If you mean nanoparticles for environmental applications then let's see…

2018, more than 166,000 articles related to nanotechnology were published, indicating an increase of more than 7% compared to the corresponding period last year.

No specific category for the environment is disclosed. However, I would say at least 3/4 are related to climate change or environmental

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