The entrepreneurs who developed Coca-Cola, Delta Airlines, and The Home Depot have played crucial roles in shaping their respective industries. By creating innovative solutions and offering exceptional products and services, these companies have become essential to the daily lives of millions of people around the world.
Coca-Cola, Delta Airlines, and The Home Depot are all examples of companies founded by entrepreneurs who have made a significant impact in their respective industries. These companies provide essential products and services to customers worldwide. John S. Pemberton, the entrepreneur who developed Coca-Cola, created a unique and refreshing beverage that has become a global symbol for soft drinks. By continuously innovating and expanding the brand's portfolio, Coca-Cola now offers a wide range of beverage choices to cater to diverse consumer preferences. C.E. Woolman, the founder of Delta Airlines, revolutionized the aviation industry by providing safe and reliable air travel to millions of passengers each year. Through operational excellence and customer-focused initiatives, Delta has established itself as a leader in the airline industry, ensuring that people can travel efficiently and comfortably. Finally, Bernie Marcus and Arthur Blank, the entrepreneurs behind The Home Depot, transformed the home improvement sector by offering a one-stop-shop experience for customers. Their focus on providing a wide selection of products, knowledgeable staff, and affordable prices has allowed them to cater to the needs of DIY enthusiasts and professional contractors
To know more about entrepreneurs refer to
https://brainly.com/question/353543
#SPJ11
the question is in the picture, please help!!
Answer: At a trial in a U.S. District Court, witnesses give testimony and a judge or jury decides who is guilty or not guilty — or who is liable or not liable. The appellate courts do not retry cases or hear new evidence. They do not hear witnesses testify.
Explanation:
ABC Company sold goods to XYZ traders on May 1, 2019. ABC company agreed to accept a Kshs.1,400,000 for 6 month, 12% note in payment for the goods. Interest is payable at maturity. Required: Prepare journal entries to record the above transactions
Answer: If you have ever taken out a payday loan, you may have experienced a situation where your living expenses temporarily exceeded your assets. You need enough money to cover your expenses until you get your next paycheck. Once you receive that paycheck, you can repay the lender the amount you borrowed, plus a little extra for the lender’s assistance.
There is an ebb and flow to business that can sometimes produce this same situation, where business expenses temporarily exceed revenues. Even if a company finds itself in this situation, bills still need to be paid. The company may consider a short-term note payable to cover the difference.
A short-term note payable is a debt created and due within a company’s operating period (less than a year). Some key characteristics of this written promise to pay (see (Figure)) include an established date for repayment, a specific payable amount, interest terms, and the possibility of debt resale to another party. A short-term note is classified as a current liability because it is wholly honored within a company’s operating period. This payable account would appear on the balance sheet under Current Liabilities.
Short-Term Promissory Note. A promissory note includes terms of repayment, such as the date and interest rate.
Explanation:
Legal tender act 1862 purpose and impact on economy.
Answer:
The Legal Tender Act allowed the government to print $150 million in paper money that was not backed by a similar amount of gold and silver. ... The government was able to pay its bills and, by increasing the money in circulation, the wheels of Northern commerce were greased.
Explanation:
in an unrelated diversification strategy, managers must make sure acquisition candidates have which of the following characteristics?
In an unrelated diversification strategy, managers must ensure that acquisition candidates possess the following characteristics. Firstly, they should have a strong and stable financial position to mitigate the risk associated with the diversification move.
This includes factors such as a healthy cash flow, profitability, and manageable debt levels. Additionally, potential candidates should offer opportunities for synergies and operational efficiencies, enabling the organization to leverage its existing capabilities and resources effectively. Furthermore, compatibility with the acquiring company's core competencies, strategic objectives, and corporate culture is crucial to ensure successful integration and alignment. Finally, managers must evaluate the growth potential of the acquisition candidate and assess its ability to generate sustainable long-term value.
In an unrelated diversification strategy, it is important for managers to seek acquisition candidates with a strong and stable financial position. This ensures that the acquiring company is not burdened with excessive financial risk and can avoid potential financial difficulties. Companies with a healthy cash flow, profitability, and manageable debt levels are more likely to contribute positively to the overall financial performance of the organization.
Furthermore, acquisition candidates should offer opportunities for synergies and operational efficiencies. This means that the acquiring company can benefit from combining resources, capabilities, and expertise with the target company to create value that exceeds the sum of individual parts. Synergies can arise from various aspects, such as cost savings, shared distribution channels, complementary product portfolios, or access to new markets.
Moreover, compatibility with the acquiring company's core competencies, strategic objectives, and corporate culture is crucial. This ensures a smoother integration process and minimizes potential conflicts and disruptions. When the acquiring company and the target company share similar values, business models, and goals, it becomes easier to align strategies and effectively leverage synergies.
Lastly, managers should assess the growth potential of the acquisition candidate and its ability to generate sustainable long-term value. This involves evaluating factors such as market dynamics, competitive positioning, technological advancements, and future market opportunities. By selecting acquisition candidates with growth prospects, the acquiring company can expand its business portfolio and diversify risk, while simultaneously enhancing its overall competitiveness in the market.
Learn more about Diversification:
brainly.com/question/30907206
#SPJ11
TRUE OR FALSE: A mathematics professor at a university would fall under both the Education and Training career cluster and the STEM career cluster.
What is pooling risks and how does it work for an insurance company?
Pooling risks is a concept in insurance where a large number of individuals or businesses come together to share the risk of a loss or damage. This means that the losses of the few are paid by the premiums of the many.
By spreading the risk among a larger group, each individual or business pays a smaller premium, but the insurance company can still cover the cost of any losses that may occur.
Insurance companies use actuarial science to calculate the likelihood of a particular loss or damage occurring to an individual or business, and determine the appropriate premium to charge. By pooling risks, the insurance company can use the premiums collected from all policyholders to cover the cost of claims made by a few policyholders.
For example, if an insurance company offers homeowners insurance, they will pool the risks of all homeowners who purchase the policy. If one homeowner experiences a loss due to fire or theft, the insurance company will use the premiums collected from all homeowners to cover the cost of the loss. This spreads the risk of a loss among a large group, which reduces the financial impact on any individual homeowner.
Pooling risks allows insurance companies to provide coverage for a variety of risks that would be too costly or risky for individuals or businesses to cover on their own. It also helps to stabilize the cost of insurance for policyholders, as the insurance company can spread the risk across a larger group of people or businesses.
Overall, pooling risks is a fundamental concept in the insurance industry, allowing insurers to provide protection against a wide range of risks, while minimizing the financial impact on any individual policyholder.
For more such questions on Pooling risks visit:
https://brainly.com/question/16938210
#SPJ11
Decentralizing power in the hands of a local subsidiary:
Decisions under centralization take longer to make since they must be approved by all authorities, which is dependent on a single organization. Decentralization, on the other hand, has shown to be more effective in decision-making when decisions are made closer to the actions. Centralization provides for all-encompassing leadership and coordination.
Are subsidiaries subject to the parent company's authority?Subsidiary refers to an organization that is controlled by a parent or holding firm. It's common for the parent company to own the bulk of the subsidiary business. The parent business thereby takes control over the subsidiary. Being the majority shareholder can sometimes be enough to acquire control.
Learn more about Decentralization: https://brainly.com/question/12653061
#SPJ4
Conroy Company uses the allowance method to account for bad debts. During the year, Conroy determined that a balance of $200 from Alegia Co. was uncollectible and wrote the balance off. What is the total decrease to net income related to this entry
Because the balance of $200 from Alegia Co. was uncollectible and wrote off, then, the total decrease to net income related to this entry will be $0
What are Uncollectible debt?
An uncollectible debt also called an accounts uncollectible refers tp receivables, loans or debts that have no chance of being paid.
In conclusion, the total decrease to net income related to this entry will be $0 as the balance of $200 from Alegia Co. was uncollectible and wrote off.
Read more about uncollectible debt
brainly.com/question/24871617
Please help me 50 WORDS MINIMUM, read the post of my classmates. Reply to one of your classmates, and compare your results. How similar or different was your identification of the main ethical/moral issue? Did you reach a similar decision, or was your decision different from your classmate's? How did your opinion of the critical thinking process compare with your classmate's? After having read your classmate's summary, what might you do differently next time?
MY POST:
Identification:
The main ethical issue is:
What should the person named in the case do about giving out free samples to customers at a grocery store?
Decision:
The Most ethical resolution for Anthony is to report Mario's action to his supervisor or the Peloni family. This decision is morally justified because it upholds the responsibility of employees to follow company policies and ensure the grocery store maintains its integrity and ethical standards. The Peloni family implemented the policy against giving free samples for a reason, and disregarding this policy could potentially harm the business by diminishing the value of the products and potentially creating a negative customer experience. Determining net utility and applying universality and respect for persons also informed the decision. Ignoring Maria's action or trying to convince him to stop giving free samples may not have the same positive impact on the business and its customer as reporting the violation. Additionally, if Anthony were to talk to the Peloni family about the policy and potential benefits of offering free samples, it could potentially compromise the integrity of the business and be seen as an attempt to justify violating company policy.
Reflection:
The critical thinking process is a systematic and logical approach to problem-solving that involves several steps, including identifying the issue, gathering and analyzing information, evaluating options, and making a decision. As a person, critical thinking is useful to utilize this process in order to provide the most accurate and relevant responses to questions. Personally, find that the critical thinking process is an invaluable tool in both my personal and professional life. It has taught me to approach problems in a more organized and methodical manner, which has allowed me to make more informed and effective decisions. Additionally, by applying critical thinking to everyday situations, am better able to identify biases and assumptions and to evaluate arguments and evidence. Ultimately, the critical thinking process has enabled me to become a more analytical and logical thinker and has provided me with a framework for making better decisions in all areas of my life.
Answer:
I agree with your identification of the main ethical issue, which is whether or not to report the violation of the company policy on giving out free samples to customers. Your decision to report Mario's actions to the supervisor or the Peloni family is similar to mine, as it upholds the company policies and ethical standards, and ensures that the customers are getting the right value for the products.
I also appreciate your reflection on the critical thinking process and how it has helped you become a better decision-maker. I share the same opinion that the critical thinking process is an invaluable tool that helps us approach problems in a more organized and methodical manner. By evaluating arguments and evidence, we can make informed decisions that are not based on biases and assumptions.
After reading your summary, I think that I could have included a bit more detail in my response, especially when it comes to explaining why reporting Mario's actions is the most ethical resolution. I appreciate the additional information that you provided in your response, which helped me understand the situation better.
Explanation:
ABC Limousine Company has $1,000 par value bonds outstanding at a 10% coupon rate. The bonds will mature in 50 years. Compute the current price of the bonds if the yield to maturity (YTM) is:
a. YTM = 5%. Must show work
b. YTM = 15%. Must show work
The current price of bonds at YTM = 15% is $474.29.
a. Given data:
Par value of bonds = $1,000
Coupon rate = 10%
Maturity period = 50 years
Yield to maturity (YTM) = 5%
We need to calculate the current price of bonds using the following formula:
The formula to calculate the price of the bond is as follows:
P = (C / r) x [1 - 1 / (1 + r) n] + M / (1 + r) n
Where:
P = price of bond
C = coupon interest
r = required rate of return or yield to maturity (YTM)
M = par value of bond
n = number of years to maturity
a. YTM = 5%
Substituting the given values in the formula:
P = (C / r) x [1 - 1 / (1 + r) n] + M / (1 + r) n
= ($100 x 10) / 0.05 x [1 - 1 / (1 + 0.05)50] + $1,000 / (1 + 0.05)50
= $2,138.28
Therefore, the current price of bonds at YTM = 5% is $2,138.28.
The current price of bonds at YTM = 5% is $2,138.28.
b. YTM = 15%
Substituting the given values in the formula:
P = (C / r) x [1 - 1 / (1 + r) n] + M / (1 + r) n
= ($100 x 10) / 0.15 x [1 - 1 / (1 + 0.15)50] + $1,000 / (1 + 0.15)50
= $474.29
Learn more about Yield to maturity (YTM): https://brainly.com/question/30753972
#SPJ11
Richard has recently finished college and is about to prepare for his exam to become a certified public accountant. He wants to talk to other accountants to learn how best to prepare for this exam. Which professional organization would be most helpful for him to join?
Answer:
The accountant federation
Why are aircraft carriers a thing? Why can’t there just be an airport on land only for military aircraft?
Answer:
Aircraft carriers are a vital component of modern naval warfare because they allow for military aircraft to operate far from land bases, providing a mobile platform for conducting a wide range of military operations.
Unlike land-based airports, aircraft carriers are not limited to fixed locations and can be moved to strategic locations in response to changing military requirements. This mobility provides significant advantages, as carriers can be deployed to various regions of the world, allowing for rapid response times and the ability to project power over long distances.
Additionally, aircraft carriers have the ability to launch and recover a large number of aircraft in a short amount of time, providing a significant force multiplier for military operations. They can be used for a variety of missions, including air support for ground troops, strike missions against enemy targets, and reconnaissance and surveillance operations.
Furthermore, an aircraft carrier can also serve as a mobile command center, allowing military commanders to conduct operations from the ship's command and control center, which provides an added level of flexibility and operational capability.
In summary, while land-based airports are certainly useful for military operations, aircraft carriers provide unique advantages that make them an essential part of modern naval warfare.
Explanation:
I had this exact question. This should get you a 100% grade.
If Treasury bills are currently paying 5.2 percent and the inflation rate is 2.7 percent, what is the approximate real rate of interest?
Answer:
2.43 %
Explanation :
Real Interest rate = (1 + nominal rate) / (1 + inflation rate) - 1
therefore,
Real Interest rate = 1.052 / 1.027 - 1
= 2.43 %
the approximate real rate of interest is 2.43 %
On september 30, valerian company had a $106,500 balance in accounts receivable. During october, the company collected $106,890 from its credit customers. The october 31 balance in accounts receivable was $97,000. Determine the amount of sales on credit that occurred in october
To determine the amount of sales on credit that occurred in October, we need to calculate the change in the accounts receivable balance from September 30 to October 31.
Accounts receivable balance on September 30 = $106,500
Collections from credit customers in October = $106,890
Accounts receivable balance on October 31 = $97,000
The following formula can be used to determine how much the accounts receivable balance changed between September 30 and October 31:
Accounts receivable as of September 30 plus October's credit sales equals the change in accounts receivable. - Credit client collections in October - Accounts receivable as of October 31
To solve for credit sales in October, we can rewrite this equation as follows:
(Accounts receivable on September 30 plus Credit sales in October) = Credit sales in October - Credit client collections in October - Accounts receivable as of October 31
Accounts receivable on September 30 + Credit sales during October - Collections from credit customers during October = Credit sales during October + Accounts receivable on October 31
Accounts receivable on September 30 plus Credit sales in October minus Credit sales in October minus Credit customer collections in October equals Accounts receivable on October 31.
When we enter the values we have:
Credit sales during October = $106,500 + Credit sales during October - $106,890 - $97,000
Solving for credit sales during October:
Credit sales during October = $106,500 - $97,000 + $106,890
Credit sales during October = $116,390
Therefore, the amount of sales on credit that occurred in October is $116,390.
To know more about sales, visit:
https://brainly.com/question/25743891
#SPJ4
the measure of what households receive after personal income tax is deducted is
The measure of what households receive after personal income tax is deducted is called disposable income.
The statement "prices are rising in bear markets, indicating economic optimism" is indeed false. In bear markets, prices are generally falling or experiencing a downward trend, reflecting negative investor sentiment and a lack of economic optimism. Bear markets are characterized by declining stock prices, weak economic conditions, and pessimism among investors. Investors tend to sell off assets, leading to downward pressure on prices
Disposable income represents the amount of money that individuals or households have available for spending or saving after taxes have been deducted from their total income. It reflects the income that is actually available to be spent on goods, services, savings, investments, or other financial obligations. Disposable income takes into account both earned income (such as wages or salaries) and unearned income (such as dividends, interest, or government transfers) minus any applicable taxes, including personal income tax.
Learn more about income here:
https://brainly.com/question/14732695
#SPJ11
which type of lease escalation ties lease payments to a market indicator? a.unset starred b.question base c.direct operating d.costs expense e.stop index
Option (e), The type of lease escalation that ties lease payments to a market indicator is called a stop index lease.
A stop index lease, the rent increases are based on changes in a specific market indicator, such as the Consumer Price Index (CPI) or a benchmark interest rate. When the market indicator reaches a certain point, the lease payments "stop," or are frozen at a certain level. This allows for some protection against extreme market fluctuations, while still providing some level of rent increases tied to the overall economy.
Learn more about the Consumer Price Index (CPI): https://brainly.com/question/20397912
#SPJ11
what is a perfect market?
Answer:
A Perfect market is
a market where the sellers of a product or service are free to compete fairly, and sellers and buyers have complete information: The internet has a big part to play in the creation of a perfect market. Compare. imperfect market.
The survey has bias. (a) determine the type of bias. (b) suggest a remedy. upper a pro dash military advocate wants to estimate the percentage of people who favor increasing funding for the military. she conducts a nationwide survey of 1450 randomly selected adults 18 years and older. the interviewer asks the respondents, "do you favor being patriotic by supporting our armed forces question mark " (a) which of these best describes the bias in the survey? sampling bias response bias your answer is correct. nonresponse bias undercoverage bias (b) how can the bias be remedied?
a. the interviewer should survey people under 18 as well.
b. the interviewer should survey a greater number of adults 18 and older.
c. the interviewer should survey people by phone and in person.
d. the interviewer should reword the question.
Answer:
B). Response bias
D). The interviewer should reword the question.
Explanation:
Response bias is described as the type of bias in which a variety of tendencies are displayed by the respondents to answer the questions asked in the survey inaccurately or misleadingly. These false responses eventually lead to a false or deceiving conclusion. In the given survey, 'response bias' is displayed as the respondents may display a tendency to answer the question falsely as the feeling of 'patriotism' evoked by the word 'patriotic' may prevent their original opinions to come out. Thus, option B is the correct answer to describe the bias in this survey.
In order to prevent this bias, the interviewer must 'reword the question' and remove the word 'patriotic' as it develops the feeling of patriotism in the respondents which mars them from answering accurately and share their true opinions or thoughts in the regards of 'supporting armed forces.' This rewording will help evoke the true and authentic responses without any bias. Thus, option D is the correct answer to remedy the bias.
What is the future value of $6,200 invested for 23 years at 9.25 percent compounded annually? a. $41,009.13 b. $27,890.87 c. $38,991.07 d. $22,483.60 e. $47,433.47
The future value of $6,200 invested for 23 years at 9.25 percent compounded annually is $47,433.47
The formula for future values is FV= PV (1+r/n) t/n.
PV (Present Value)=$6,200.00
N (Number of Periods)=23.000
I/Y (Interest Rate)=9.250
PMT (Periodic Deposit)=$0.00
Starting Amount=$6,200.00
Total Periodic Deposits=$0.00
Future value is the value of an item or investment as from some point in the future. Alternatively, the future value is the sum amount money that an investment would be valuable, assuming a certain rate of returns after a specific time period (interest rate).
Future value is emphasized by both investors and financial planners because it enables them to predict how much an investment will be valued in the future. Concerning the financial goals, it enables the investors make smart financial decisions. As a result, both enterprises and people need to be aware of the asset's prospective worth.
Learn more about Investment here:
https://brainly.com/question/27717275
#SPJ4
LT 8 Which Form of Business Ownership is the Best - YOU Decide!
Analyze the 4 business scenarios and determine the best form of
business ownership for each.
• List two reasons for your recommendation -
o ONE that is a benefit/advantage
O one that is a cost/disadvantage.
.
With the cost, iincludinga suggestions for how to overcome it or minimize
its impact on the candy maker's business.
Explain why it is the best decision, pand rove your case! I
Make me see your point-of-view, uand nderstand by you believe in your
decision.
Give a detailed explanation.
•
.
●
. Make me a believer!
●
Each response should have 4-5 sentences MMINIMUM
• The Forms of Business Ownership to choose from:
o Corporation
o Franchise
o Partnership
o Co-operative
o Sole Ownership\\
Make sure you have read ALL the directions.
The best form of business ownership to choose from the above options are sole proprietorship & partnership.
What is a sole proprietorship?It is a form of business owned and operated by a single person, and there is no legal distinction between owner and business entity. Sole proprietorships do not necessarily work alone and may employ other people.A person who solely owns an unincorporated business. However, if you are the sole member of a domestic limited liability company.it is a situation where a person starts a business with his own money or capital by taking all the risks and waiting for the reward.examples of a sole proprietorship
are as follows:
grocery storecosmetic shoptailorfood truckgarment shoplocal storestreet vendorstationery shopto know more about sole proprietorship refer here
https://brainly.com/question/20462270
#SPJ1
Which is NOT an example of a supply chain player?
a. Communicator
b. Agent
c. Wholesaler
d. Retailer
Communicator is not an example of a supply chain player. Supply chain include manufacturers, suppliers, warehouses, carriers, distribution centers, and retailers.
What are the functions of Supply Chain?A network of manufacturers and service providers who work together to transform goods from raw materials to end-users. We are connected by the flow of goods, the flow of information, and the flow of money. Supply chain functions include product development, marketing, operations, sales, finance and customer service. The three levels of supply chain management are strategic, tactical and operational.
What are components of the supply chain?Integration, operations, purchasing and distribution are the four elements of the supply chain that work together to create a path to competition that is both cost-effective and competitive.
To learn more about supply chain visit:
https://brainly.com/question/30086410
#SPJ1
Employer A is offering you a position for $35000 per year. Employer B is offering the same job for $18 per hour. Both require 40 hour work per week for 52 weeks which pays more?
Which is better 21 jump street or 22 jump street?
Answer:
according to my calculation its 21.
Explanation:
What are the phases of Design Thinking and discuss its importance
Answer:
Design thinking is a non-linear, iterative process that teams use to understand users, challenge assumptions, redefine problems and create innovative solutions to prototype and test. Involving five phases—Empathize, Define, Ideate, Prototype and Test—it is most useful to tackle problems that are ill-defined or unknown.
Explanation:
Answer: Design thinking is a non-linear, iterative process that teams use to understand users, challenge assumptions, redefine problems and create innovative solutions to prototype and test. Involving five phases—Empathize, Define, Ideate, Prototype and Test—it is most useful to tackle problems that are ill-defined or unknown.
Explanation:
16. Demographics are
Answer:
statistical data relating to the population and particular groups within it.
Explanation:
!!
Question 17 of 20
Trey's bank raises the interest rate on his line of credit without providing an
explanation. Which consumer protection law has his bank violated?
Trey's bank raises the interest rate on his line of credit without providing an
explanation. The consumer protection law that his bank violated is: "The Truth in Lending Act of 1968".
What are consumer protection laws?The Truth in Lending Act of 1968 is a federal law in the United States aiming to encourage the informed use of consumer credit by requiring disclosures about its terms and prices to standardize the method in which borrowing expenses are computed and communicated.
Consumer protection laws protect consumers from faulty products and deceptive or fraudulent company activities.
It is to be noted that in the United States, a range of federal and state laws govern consumer affairs. The Federal Food, Drug, and Cosmetic Act, the Fair Debt Collection Practices Act, the Fair Credit Reporting Act, the Truth in Lending Act, the Fair Credit Billing Act, and the Gramm-Leach-Bliley Act are a few examples.
Learn more about Consumer Protection Laws in US:
https://brainly.com/question/27422904
#SPJ1
Answer:
Credit Card Accountability, Responsability, and Disclosure Act
Explanation:
Anyone who wants to use copyright material must obtain permission from the copyright owner in the form of a ____.
Answer:
license
Explanation:
True or false: A 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of the loan will be less.
Answer:
TrueExplanation:
the budget allocation method, which involves spending about the same amount for promoting each merchandise category, does not maximize profits because
The budget allocation method that involves spending about the same amount for promoting each merchandise category may not maximize profits because different categories may have different levels of demand and profitability.
Allocating equal amounts of budget to each category may result in over-spending on low-performing categories and under-spending on high-performing categories.
A more effective approach would be to allocate the budget based on the potential profitability of each category and the demand for the products within each category.
This will ensure that resources are optimized and profits are maximized.
To know more about budget click on below link:
https://brainly.com/question/15683430#
#SPJ11
how do you feel about testing?