The following transactions were completed by the company.
a. The company completed consulting work for a client and immediately collected $5,500 cash earned
b. The company completed commission work for a client and sent a bill for $4,000 to be received within 30 days
c. The company paid an assistant $1,400 cash as wages for the period
d. The company collected $1,000 cash as a partial payment for the amount owed by the client in transaction b
e. The company paid $700 cash for this period's cleaning services.
Enter the impact of each transaction on individual items of the accounting equation. (Enter decreases to account balances with a minus sign.)
Answers
Find the given attachments
Related Questions
The purposes of the statement of cash flows are to A. predict future cash flows. B. evaluate management decisions. C. determine ability to pay debts and dividends. D. All of the above
Answers
Answer:
D. All of the above
Explanation:
A statement of cash flows is also known as cash flow statement and it is a financial statement which is used to illustrate how changes in income and various account of the balance sheet affect cash and cash equivalents.
The statement of cash flows is also used by financial experts or accountants to breakdown the cash-flow analysis into;
1. Cash-flow from operating activities: it represents cash-flow and transactions from operational business activities such as employee salary, sales of goods etc.
2. Cash-flow from investing activities: it represents the cash flow from investment such as proceeds from the sale of plant, equipments etc.
3. Cash-flow from financing activities: it represents the cash flow from debt or equity. Basically, the costs used in a financing a business.
The purposes of the statement of cash flows are to;
A. Predict future cash flows.
B. Evaluate management decisions.
C. Determine ability to pay debts and dividends.
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Maria makes hand-crafted jewelry. Lately the demand for her items has
increased. She currently has them on consignment in a shop, but wants to
have them placed in multiple stores. To do this she needs one central place to
hold a high volume of her jewelry so that retailers can purchase her jewelry in
large numbers. Which channel member should she use for this step?
A. Supplier
B. Producer
C. Consumer
D. Wholesaler
Answers
Answer:
D.) Wholesaler
Explanation:
Just took this test, and got this answer correct.
The channel member that should be used by Maria to satisfy the increasing demand is wholesaler. Hence, Option D is correct.
What is the meaning of wholesaler?A wholesaler serves as a middleman or intermediary in the supply chain. The most typical example of a wholesaler is a business that buys finished goods from manufacturers and distributes them to retailers, who then sell more of the goods to consumers in smaller quantities.
Jewelry created by Maria is handmade. Her products are more in demand nowadays. She has them on consignment in a store for now, but she wants to have them distributed to several shops.
In order for merchants to buy her jewellery in large quantities, she needs a single, central location to store a lot of it. Maria needs to use wholesalers as a channel partner to meet the rising demand.
Therefore, option D is correct.
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planning practices are different from organization to organization. do you agree?
explain
Answers
Answer:
yes I agree
Explanation:
because different organizations manufacture or provide different goods and services so it's not possible for them to have the same planning practices take for instance an organization that deals with the provision of food to refugees and an organization that deals with the manufacturing of goods these two organizations will plan differently on how to go about with there businesses.
I hope this helps
2.suppose 40% of the people entering X electronics store this month make a purchase. If 10 people enter the store, find the expected number making a purchase. Suppose that for the next month X electronics store forecasts 1000 customers will enter the store. (i)What is the expected number of customers who will make purchase? (ii) Find also the Standard Deviation.
Answers
i) The expected number of customers who will make a purchase in the current month is 4.
ii) The standard deviation for the number of customers making a purchase in the current month is approximately 1.55.
To find the expected number of customers making a purchase, we can multiply the total number of customers entering the store by the probability of making a purchase.
(i) For the current month:
Number of people entering the store = 10
Probability of making a purchase = 40% = 0.4
Expected number of customers making a purchase = Number of people entering the store * Probability of making a purchase
Expected number of customers making a purchase = 10 * 0.4
Expected number of customers making a purchase = 4
Therefore, the expected number of customers who will make a purchase in the current month is 4.
(ii) To find the standard deviation, we need to consider the binomial distribution since the number of customers making a purchase follows a binomial distribution with parameters n (number of trials) and p (probability of success).
For the current month:
n = Number of people entering the store = 10
p = Probability of making a purchase = 0.4
q = Probability of not making a purchase = 1 - p = 1 - 0.4 = 0.6
Standard deviation (σ) of a binomial distribution is given by the formula:
σ = √(n * p * q)
Substituting the values:
σ = √(10 * 0.4 * 0.6)
σ = √(2.4)
σ ≈ 1.55
Therefore, the standard deviation for the number of customers making a purchase in the current month is approximately 1.55.
For the next month, if the store forecasts 1000 customers to enter the store, we can use the same calculations with updated values of n and p to find the expected number of customers making a purchase and the standard deviation.
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Jeff's Meat Market recorded the following events involving a recent purchase of
merchandise:
Received goods for $40,000, terms 2/10, n/30.
Returned $800 of the shipment for credit.
Paid $300 freight on the shipment.
Paid the invoice within the discount period.
As a result of these events, the company's inventory
Answers
As a result of these events, the company's inventory increased by $38,612 by all these factors.
How does inventory work?Inventory is the term used to describe all the products, materials, goods, and merchandise that a company has on hand and plans to sell to customers for a profit. The only item that will be regarded as inventory is the newspaper if the vendor delivers newspapers to customers using a vehicle. The car will be handled like an asset.
What fundamentals surround inventory?The items that your company has are the most fundamental definition of inventory. These may be material (i.e., goods and raw materials) or intangible (e.g., software). Most of the time, when we talk about inventory, we simply mean all the items that the company has kept on hand—to sell.
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Troy Juth wants to purchase new dive equipment for Underwater Connection, his retail store in Colorado Springs. He was offered a $63,000 loan at 8.5% for 24 months. What is his monthly payment by table lookup? (Use Table 14.2)
Note: Round your answer to the nearest cent.
Answers
If he was offered a $63,000 loan at 8.5% for 24 months. His monthly payment by table lookup is : $3071.
What is monthly payment?Monthly payment can be defined as the amount a person received on a monthly basis.
First step is to convert the month to year
Month to year = 24 / 12
Month to year = 2 years
Second step is to find the interest using this formula
I = P × R×T
Where:
I = Interest
P = Principal
R = rate
T = time
Hence
I = 63,000 × 2 × 8.5%
I = 10,710
So,
P+ I = 63,000 + 10,710
P+I = 73,710
Now let find the monthly payment:
Monthly payment = 73,710 / 24 months
Monthly payment = $3,071.25.
Monthly payment = $3,071 (Approximately)
Therefore the monthly payment is the amount of $3071
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A brief description of the contract and the parties involved
Answers
An agreement, which is backed by the mutual acceptance of a valid offer for a legal activity, is known as a contract. The persons who are entering into such a contract are parties to the contract.
What is contract?A contract between two or more parties is said to be legally binding, when there is a mutual acceptance and agreement between the parties, where both the parties have the capacity to fulfill the agreement for a predetermined consideration.
Hence, the significance of contract is aforementioned.
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The US Senate overwhelmingly passed the 2022 Defense Authorization Act. The $768 billion "Defense Authorization Act" not only exceeds the defense spending proposed by the Biden administration by $25 billion, but also increases the US defense budget by about 5% compared to last year.
Answers
The US Senate passed the 2022 Defense Authorization Act, a $768 billion bill that surpasses the Biden administration's defense spending proposal by $25 billion and represents a 5% increase in the US defense budget compared to the previous year.
1. The US Senate passed the 2022 Defense Authorization Act.
2. The Defense Authorization Act is a bill that determines the budget and expenditures for the US defense sector.
3. The total amount allocated for the Defense Authorization Act is $768 billion.
4. The defense spending proposed by the Biden administration was exceeded by $25 billion in this Act.
5. The Act represents a 5% increase in the US defense budget when compared to the previous year.
6. This increase in the defense budget indicates a commitment to strengthening the country's defense capabilities.
7. The Act was passed overwhelmingly, indicating strong support from the Senate.
8. The Defense Authorization Act is an essential piece of legislation that ensures the funding and resources necessary for the US military to carry out its operations effectively.
9. The Act covers various aspects of defense spending, including military personnel, equipment, research and development, and strategic initiatives.
10. By passing the Defense Authorization Act, the US Senate has demonstrated its commitment to national security and defense preparedness.
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If government outlays in 2011 were $2.2 trillion and government revenues were $3.8 trillion, the federal Group of answer choices debt was unaffected. debt decreased $1.6 trillion. budget deficit was $1.6 trillion. budget was balanced. budget surplus was $1.6 trillion.
Answers
The budget surplus is $1.6 trillion.
When a government's revenues exceeds its outlays, the government is said to run a surplus. If government's revenues is less than its outlays, the government is said to have a deficit. If a government runs a deficit, its debt would increase because it would have to borrow to fund the deficit.
Amount of budget surplus = government's revenues - outlays
$3,8 trillion - $2.2 trillion = $1.6 trillion
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In the market for wireless earbuds (a normal good), indicate whether the following events would cause an "increase or a decrease in demand" or an "increase or a decrease in the quantity demanded." a. There is an increase in the price of carrying cases for wireless earbuds. A. increase in demand. B. decrease in demand. C. increase in quantity demanded. D. decrease in quantity demanded.
Answers
Answer: D. decrease in quantity demanded.
Explanation:
A change in demand is caused by the factors that affect demand except the price. The movement along the demand curve is as a result of the price change.
An increase in demand will lead to the rightward shift of the demand curve and a decrease in send will lead to the leftward shift of the demand curve.
On the other hand, an increase or decrease in the quantity demanded will lead to the movement along a given demand curve.
Based on the question, when there is an increase in the price of carrying cases for wireless earbuds, this will lead to a reduction in the quantity demanded of wireless earbuds as less people will buy the earbuds.
Sophie’s Tobacco Shop has total assets of $98.8 million. Fifty percent of these assets are financed with debt of which $30.6 million is current liabilities. The firm has no preferred stock but the balance in common stock and paid-in surplus is $26.4 million.
What is the balance for long-term debt and retained earnings on Sophie’s Tobacco Shop’s balance sheet?
Answers
Answer:
The total debt on the balance sheet is $98.8 million x 50% = $49.4 million.
Explanation:
The current portion of debt is given as $30.6 million, so the long-term debt is $49.4 million – $30.6 million = $18.8 million.
The balance of common stock and paid-in surplus is $26.4 million, which means the retained earnings balance would be: $98.8 million – $30.6 million – $18.8 million – $26.4 million = $22.0 million.
Therefore, the balance for long-term debt on Sophie’s Tobacco Shop’s balance sheet is $18.8 million, and the balance for retained earnings is $22.0 million.
A company acquired three machines for $100,000 in a package deal. The three assets had a book value of $80,000 on the seller's books. An appraisal costing the purchaser $1,000 indicated that the three machines had the following market values.
Machine 1: $30,000 ($20,000)
Machine 2: $40,000 ($25,000)
Machine 3: $50,000 ($35,000)
At what amount should the three assets be individually recorded in the buyer’s books?
Answers
Answer:
The Individual assets will be recorded by the buyer as :
Machine 1 = $25,250
Machine 2= $33,667
Machine 3= $42,083
Explanation:
On Initial measurement, IAS 16 requires assets to be measured at cost to the buyer.
Apportion the Cost of $101,000 ($100,000 + $1,000) using individual market values of the assets.
Machine 1 = $30,000 / $120,000 × $101,000
= $25,250
Machine 2= $40,000 / $120,000 × $101,000
= $33,667
Machine 3= $50,000 / $120,000 × $101,000
= $42,083
Donald had purchased a life insurance policy (premiums totaled $158,000) that paid $388,000 in the event of accidental death. The proceeds were payable to Darlene, who elected to receive installment payments as an annuity of $25,000 each year for a 25-year period. She received her first installment this year.
Life Insurance proceeds, annuity:
Amount Received = $25,000
Amount Taxable = _______
Answers
A life insurance policy is a contract between an insurance provider and a policyholder in which the latter makes a one-time or recurring payment to the former in exchange for an indemnity.
Life insurance: What Is It?A policy owner and a life insurance company enter into a contract for life insurance. In exchange for premiums paid by the policyholder during their lifetime, a life insurance policy guarantees that the insurer will pay a sum of money to one or more named beneficiaries when the insured person passes away.
Which three main kinds of life insurance are there?The following are typical types of life insurance: term life insurance. Insurance for the whole life Insurance that covers everyone.
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What are three advantages and three disadvantages of globalization
Answers
explain the role of CIRD in promoting small scale business
Answers
Answer:
CIRD (Centre for Integrated Rural Development) plays a crucial role in promoting small-scale businesses by providing support and resources to rural entrepreneurs. Here are some ways in which CIRD helps:
Training and skill development: CIRD offers training and skill development programs to rural entrepreneurs to improve their business skills and knowledge. This includes training on financial management, marketing, and product development.
Access to finance: Small-scale businesses often struggle to get financing from banks and other financial institutions. CIRD provides financial assistance in the form of loans, grants, and credit facilities to help rural entrepreneurs start or expand their businesses.
Market linkages: CIRD helps small-scale businesses to connect with markets and customers. This includes linking them with retailers, wholesalers, and distributors, as well as organizing trade fairs and exhibitions.
Technology support: CIRD provides technical support to small-scale businesses to improve their production processes and product quality. This includes introducing new technologies, providing equipment, and offering technical training.
Overall, CIRD's support and resources help rural entrepreneurs to start and grow their businesses, creating employment opportunities and promoting economic development in rural areas. (please could you kindly mark my answer as brainliest)
Give examples if operational conflicts that could occur in a cross- cultural context because of different attitudes towards:1) time, 2) individualism. Give a country or region that would be different from the US for each of the two variables.
Answers
The correct answer to this open question is the following.
Give examples of operational conflicts that could occur in a cross-cultural context because of different attitudes towards:1) time, 2) individualism.
Well, let's start with time. In the United States, time is of the utmost importance. There we have the old saying: "Time is money."
In the workplace, everything is based on the smart and efficient use of time. No time must be wasted in the workplace.
Individual effort is important in the American culture, but the team effort, the concept of being a good team player is very important under the following premise: teams can accomplish more than individuals.
What most Americans desire is individual recognition through team effort.
That is why team sports are so good in the United States because they exemplify the way teams function and what they can accomplish. For instance, college and pro football, basketball, and baseball.
The region that has a different approach, is Latin America. This does not mean that is better than the other, just that there are major differences between the two.
The management of time is very different in Latin American countries. It is not as important as the US. People in Latin America approach the concept of time in a more relaxed way. In Latin America, there is a more relaxed approach to time. Nothing is urgent, Things take time. Things are made at a different pace compared to the US.
And regarding individualism, Latin American people tend to prefer to be more individualistic to do things trying to get some recognition, The team concept is not as developed as in the US.
For this discussion, you should put yourself in the role of a moderator as you:
Answers
Unions are organizations that represent workers in a particular industry or profession. Their primary goal is to protect the rights and interests of workers by negotiating better wages, benefits, and working conditions.
What are the policies of the Union?Unions are organizations formed by workers to protect their interests and rights in the workplace. They advocate for collective bargaining, fair wages and benefits, workplace safety, non-discrimination, job security, training and education, and political advocacy.
What are the labor laws?Labor laws are laws that govern the relationship between employers and employees in the workplace. Examples include minimum wage laws, overtime laws, anti-discrimination laws, health and safety laws, leave laws, unionization laws, and employment contract laws. These laws govern the rights of employees to form and join unions and establish the legal requirements for collective bargaining.
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What are unions? What are their roles and policies?
Which would be a good reason for a borrower to use a Peer-to-Peer (P2P) lender?
The fees may be higher than from a depository institution.
The interest rate is higher than from a depository institution.
They may not be able to borrow money from any other source.
They will build their credit score faster than using other sources.
Answers
A good reason for borrower to use a Peer-to-Peer (P2P) lender is because they may not be able to borrow money from any other source.
What Is Peer-to-Peer (P2P) Lending?The P2P lending service is also known as “social lending” or “crowd lending. This is a form of financial technology that allows people to lend or borrow money from one another without going through a bank.
Furthermore, the service enables individuals to obtain loans directly from other individuals while cutting out the financial institution as the middleman. Now, the websites that facilitate P2P lending have greatly increased its adoption as an alternative method of financing.
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operations management course concept
Answers
The operations management course concept refers to the systematic design, direction, and control of the processes that transform inputs such as raw materials, energy, and labor into outputs such as goods and services that satisfy customer needs.
This management process includes inventory management, scheduling, supply chain management, quality control, and more. The goal of operations management is to create efficient processes that maximize productivity while minimizing costs.
Students taking an operations management course learn about these concepts and how to apply them to real-world situations in various industries. They also study topics like process design, project management, lean principles, and decision-making models.
The course is usually offered as a part of business administration, engineering, or industrial technology programs. Graduates of the course may go on to careers as operations managers, logistics managers, supply chain analysts, process improvement specialists, or manufacturing engineers, depending on their areas of focus and interests.
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Which one is the bigger problem, economic inequality (the income and wealth gaps), or a lack of economic opportunity?
Answers
Suppose the CPI was 110 last year and is 121 this year.
Instructions: In part a, enter your answer as a whole number. In part b, round your answer to 1 decimal place. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers.
a. What is this year’s inflation rate?
____ %
b. In contrast, suppose that the CPI was 110 last year and is 108 this year. What is this year’s inflation rate?
____ %
c. What term do economists use to describe this second outcome?
Inflation or Deflation
Answers
The inflation rate is 10%, which can be computed the second answer is -1.8%. third outcome called deflation.
How to calculate CPI?a) The formula to CPI is
\(CPI= \frac{current CPI-past CPI}{past CPI}\)
\(CPI= \frac{121-110}{110}\)
CPI= 0.1 or 10%
b) \(CPI= \frac{current CPI-past CPI}{past CPI}\)
\(CPI= \frac{108-110}{110}\)
CPI= -0.18%
A decrease in the economy's overall price level is referred to as deflation, whereas a temporary slowdown in price inflation is known as disinflation. A decrease in the money supply, reductions in government and consumer expenditure, and reductions in corporate investment can all contribute to deflation, which is bad for an economy.
A progressive drop in consumer prices for products and services is known as price deflation. This is frequently brought on by the deflationary gap, also referred to as the demand gap, which is characterized by high supply and low demand. Consumers and businesses hold on to their money rather than spending it because they anticipate a decrease in pricing.
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Question 2 of 20
Lexi wants to open an account where she can access the funds she needs to
pay her rent and other bills any time she wants. Which type of account would
be the best option for Lexi?
OA. A checking account
OB. A certificate of deposit
OC. A savings account
D. A money market account
SUBMIT
Answers
The best option for Lexi, who needs access to funds anytime she wants to pay her rent and other bills, would be a checking account (option A).
Checking accounts offer features such as check writing, debit card usage, and online banking, allowing Lexi to conveniently and quickly access her money whenever needed. With a checking account, she can easily pay bills by writing checks or using electronic payment methods.
In contrast, options B and C, a certificate of deposit (CD) and a savings account, respectively, may not be the best fit for Lexi's immediate needs. A CD typically requires the funds to be locked in for a specified period of time, usually ranging from a few months to several years, with limited or no access to the funds until the maturity date.
Option D, a money market account, is another viable choice for Lexi. Money market accounts often offer higher interest rates than traditional savings accounts, and they also provide check-writing and debit card capabilities. However, some money market accounts may have minimum balance requirements or limitations on the number of transactions.
Option A.
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If you were Marshall’s manager how might you increase Marshall’s awareness of the negative impact he is having on his team?
Answers
As Marshall's manager, I would increase his awareness of the negative impact he is having on his team by providing specific and constructive feedback on his behavior and its consequences. This would involve having open and honest conversations with Marshall, highlighting examples of how his actions are affecting team morale, productivity, and collaboration.
In order to effectively address Marshall's negative impact on his team, it is important to approach the situation with clarity and professionalism. By providing specific examples of incidents where Marshall's behavior has caused harm, I can help him understand the direct consequences of his actions. This feedback should be delivered in a constructive manner, focusing on the behaviors rather than attacking his character.
By emphasizing the impact on team dynamics, performance, and overall work environment, Marshall can begin to see the need for change. Additionally, it would be beneficial to discuss alternative approaches and provide guidance on how he can improve his interactions with the team. Ongoing feedback and support from me as his manager can help Marshall recognize the negative impact he is having and encourage him to take steps towards positive change.
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What are three possible problems that could be causing the Internet connection issue?
Answers
The three possible problems that could be causing the Internet connection issue is
Network Hardware IssuesService DisruptionConfiguration IssuesThe internet connection may be interrupted by hardware issues on the network. This can involve broken network cables, modems, or routers. Intermittent or poor connectivity may be caused by malfunctioning or obsolete equipment.
There could be a service Disruption or outage for your local internet service provider (ISP). This can be because of upkeep, technological difficulties, or infrastructural challenges.
Internet access can be affected by problems with program settings, network arrangements, or incompatible applications. This may entail obsolete network drivers, incorrectly configured network settings, or issues with a firewall or antivirus software.
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think of some examples of products for which people are willing to pay premium prices. Name one such product and explain why you think consumers value it so highly.
Answers
An example in today's time would be Apple iPhone as individuals are willing to spend premium costs for mobile phones. People do regard buying this because of quality, features and it has also become a position symbol in today's time.
Difference between luxury and premium?The key distinction here exists that a luxury brand, to remain luxury, has to include limits on the volume of sales. By its nature, it can't be available to everyone. Premium, on the other hand, can still enjoy big sales sculptures at an over-average rate. Premium brands' target customers exist as those who can push themselves to bear higher than what they pay for an average product.
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Which are the top bookkeeping services provider firms in Singapore?
Answers
Some of the top bookkeeping services provider firms in Singapore include sleek, boardroom, etc.
1. Sleek: Sleek offers a range of accounting and bookkeeping services, catering to both startups and established businesses. They provide personalized support and utilize cloud-based software for efficient bookkeeping.
2. Ackenting Group: Ackenting Group offers comprehensive bookkeeping services tailored to various industries. They assist in maintaining accurate financial records, managing accounts payable and receivable, and generating financial reports.
3. Boardroom: Boardroom provides professional bookkeeping services to businesses of all sizes. They offer end-to-end solutions, including data entry, bank reconciliation, and financial statement preparation, ensuring compliance with Singapore's accounting standards.
4. 3E Accounting: 3E Accounting specializes in outsourced bookkeeping services, assisting businesses in maintaining organized financial records and adhering to regulatory requirements. They leverage technology for streamlined processes and efficient reporting.
5. Onestop Accounting: Onestop Accounting offers reliable and cost-effective bookkeeping services. They assist businesses in managing their accounts, preparing financial statements, and ensuring compliance with tax regulations.
These firms have established reputations and expertise in providing high-quality bookkeeping services to businesses in Singapore.
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5.6 Last month Quick Industries produced 900 units. This month they produced 1,264 units. What is the rate of change in production? a. 29.8% b. 32.8% c. 40.4% d. 60%
Answers
Answer: C. 40.4%
Explanation:
To find the rate of change in production, we can use the following formula:
Rate of change = (New value - Old value) / Old value * 100
Where,
Old value = Production of last month = 900
New value = Production of this month = 1264
Substituting the values in the formula,
Rate of change = (1264 - 900) / 900 * 100= 364 / 900 * 100= 0.404 * 100= 40.4%
Therefore, the rate of change in production is 40.4%, which is an option (c). I hope that this answer has helped you!
Answer:
The correct answer is C.
Explanation:
The rate of change in production is: (1264 - 900) / 900 = 0.404 or 40.4%. So, the correct answer is c. 40.4%
What is a major drawback to outsourcing, and what solution could company management institute? courcehero
Answers
Answer with Explanation:
Some of the major drawback of outsourcing and how these issues must be tackled is listed as under:
Loss of control. When the company outsources its one of operating department then the company looses the control that previously it was able to emphasize on the management. Usually the company department is outsourced to a professional firm that knows every single issue related to the task assigned. But sometimes issue arises when the the service company pretends that it is highly professional in dealing with the issues but they are not. Its almost rare in developed countries because of rule of law. In such cases the company has to avoid the contract and look for another firm to cooperate in this area.Reputational Risk: The negligence of working of third party may result in reputational losses. This may also have financial impacts in the form of loss of loyalty and sales. This risk is inherent risk and the solution is that the company must not form a contract until they are well assure of the professionalism of the firm.Confidentiality Risk: The competitive advantage can be due to a new IT system implemented that integrates the information and lower the cost of information for the company that helps it in making much better decisions and is the reason of competitive advantage. The loss of this confidential data might result in loss of ideas or mechanism working knowledge that competitor may use to overcome the competitive advantage. The solution to this can be awarding tender to the firm that is professional and agreeing them that they will not breach the confidentiality and if they do that then they will compensate the company.Coordination Issue: It is one of the major issue that the Outsourcing vendors don't frequently coordinate with the company because they have to manage other company data as well. The company and the firm must agree upon issues that must be resolved on a priority and in a defined time period.Isaiah is a Financial Quantitative Analyst for a major stock investment company. What does Isaiah do on a daily basis as a part of his job?
He researches, analyzes, and summarizes information about fraud.
He assesses financial situations using mathematical models.
He analyzes tax information using mathematical formulas.
He manages the paperwork for buying and selling securities.
Answers
Isaiah is a Financial Quantitative Analyst for a major stock investment company. He assesses financial situations using mathematical models. Therefore Option B is correct.
What is a Financial Quantitative Analyst?A quantitative analyst, also known as a "quant," is a professional who uses statistical and mathematical techniques to solve financial and risk management issues. In order for businesses to make financial and business decisions on things like investments, pricing, and other things, they create and implement complicated models.
An expert in financial quantitative analysis advises organizations and people who are making investment decisions. In order to locate profitable investments for their clients, they examine and assess available investment alternatives.
To create trading algorithms and computer models, financial quantitative analysts process a wide range of data. They just use numbers to determine their investments.
Hence, He assesses financial situations using mathematical models.
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If you do not balance your accounts, you run the risk of
and receiving
Answers
Answer:
being overdrawn and receiving NSF fees
Explanation: