The form of business ownership that has the most difficulty in raising capital is the

Answers

Answer 1

Answer:

is the buisness manager

Explanation:

because manager is always working and giving money, director just controls company


Related Questions


Current liabilities are important because they determine how much
company has.
A. working capital
B. current assets
C. liquid cash
D. stockholders' equity

Answers

Answer:

working capital is calculated by using the current ratio, which is current assets divided by current liabilities. A ratio above 1 means current assets exceed liabilities, and, generally, the higher the ratio, the better.

The Allowance for Doubtful Accounts: Multiple Choice Is credited when bad debts expense is estimated and recorded. All of the options are correct. Is a contra asset account. Is used instead of reducing accounts receivable directly.

Answers

Answer: All of the options are correct.

Explanation:

The Allowance for Doubtful Account is a contra account because it reduces the value of the Accounts Receivable Account and does so in order to account for the possibility that some customers will not pay the amounts they owe.

It is credited when Bad debts are estimated and recorded; that way this reduction in Accounts receivable does not have to go out of the Accounts Receivable account directly.This will ensure that the Accounts Receivable Account is not volatile as it attempts to keep up with all the bad debts incurred.

Why does the scientific method not follow an exact order?

Answers

Through testing and experimentation, the scientific method establishes facts in an unbiased manner.

What is an scientific method?

Making an observation, formulating a hypothesis, making a prediction, carrying out an experiment, and then evaluating the findings are the fundamental steps. The scientific method's principles can be used in various contexts, including business, technology, and scientific study.

A set of steps are used in the scientific process to establish facts or generate knowledge. The general procedure is generally known, but depending on what is being examined and who is performing it, each step's specifics may alter. Only questions that can be tested and either proven true or false can be answered using the scientific method.

Therefore, Through testing and experimentation, the scientific method establishes facts in an unbiased manner.

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Under which ownership type is an owner (or owners) not liable for the company's lawsuits?
A. sole proprietorship
B. partnership
C. franchise
D.corporation

Answers

Answer:

D. corporation

Explanation:

Customer: "Will you delve into this problem?"
Yes, I will respond to this problem.
Yes, I will escalate this problem.
Yes, I will understand this problem.
Yes, I will research this problem.
Yes, I will ignore this problem.

Answers

Answer:

the cancer is the fourth responce

The correct option is D). Yes, I will research this problem.

What are the different ways in responding to customer complaints?

A customer is an individual who buys products or services from a store, restaurant or other retail seller. As per business definition, customer is the king of the market. Customer is the most important part of your business because without the customer, there would be no sales.

It is really important to respond to the customer's complaints and concern by providing them best and appropriate customer services. Listen to their problems very carefully and always treat all complaints positively and seriously.

Empathy and sympathy are two important terms that need to be consider appropriately while handling customer's complaints.

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An example of secured credit is a

A. payday loan.
B. credit card.
C. mortgage.
D. medical bill.

Answers

Answer:.

C. mortgage

Explanation:

Mortgage Secured loans are protected by an asset of collateral of some sort. So the answer would be mortgage because the finance company will hold the deed until the loan is paid in full including interest.

An example of secured credit from the options provided is mortgage.

What is secured credit?

Secured credit is a line of credit that is backed up by an asset. In the case that the borrower defaults, the asset used to back up the credit can be possessed by the lender.

On the other hand, unsecured credit is a line of credit that is not backed up by any asset. An example is a credit card.

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Question 7 of 10
Fred obtained a balloon mortgage and made regular payments for the period
of the loan. Which of the following is an unlikely option for him once the
balloon payment becomes due?
A. Foreclosure
B. Pay balloon payment in full
C. Sell the home
D. Refinance the balloon payment

Answers

Answer:

foreclosure

Explanation:

select a business from any of three business sectors​

Answers

A business from any three business sectors is industry. Businesses clearly differ in what they do.

Businesses are frequently classified according to their industry or sector. An industry is a group of businesses which are related in terms of their primary activity, such as car manufacturing or grocery sales. Smaller industries (such as car manufacturing) can be grouped to larger industry sectors (such as the manufacturing sector in general). An individual business is classified as belonging to a specific industry based on its primary activity.

As a result, this company would be classified as belonging to the automobile manufacturing industry rather than financial services.

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Explain the concept of country of origin effect in the conduct of international business. Assess its impact on developing countries like Ethiopia and suggest some potential remedies to minimize those impacts that are of negative.​

Answers

Answer:

The concept of country of origin effect refers to the influence that the perceived country of origin of a product or service has on a consumer's evaluation and decision-making process. This can include factors such as the consumer's perceptions of the quality, reliability, and value of the product, as well as their perceptions of the country itself, including its culture, economic and political systems, and image.

In the conduct of international business, the country of origin effect can have a significant impact on the success or failure of a product or service in a particular market. For example, products and services from developed countries are often perceived as being of higher quality and more reliable than those from developing countries, which can make it difficult for firms from developing countries to compete in international markets.

Native advertising can include all of the following except:

Answers

Native advertising can include all οf the fοllοwing except: Independent jοurnalists

What is Native Advertising?  

Native advertising is a type οf οnline advertising that is made tο fit the lοοk and functiοn οf the platfοrm it is displayed οn, like a website, sοcial media platfοrm, οr mοbile app. Native ads, οn the οther hand, are frequently incοrpοrated seamlessly intο the platfοrm's cοntent, making them less disruptive and mοre engaging fοr users. This is in cοntrast tο traditiοnal banner ads οr display ads, which are easy tο identify as advertisements.

Spοnsοred cοntent, branded cοntent, and sοcial media pοsts that are marked "spοnsοred" οr "prοmοted" are all examples οf native advertising. Instead οf simply prοmοting a prοduct οr service, these advertisements typically aim tο add value tο the user by prοviding useful infοrmatiοn οr entertainment.

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Native advertising can include all of the following except:

Independent journalistsPromoted posts.News articles.Recommendation widgets.

Fair Oaks Farms’ manure management, specifically the use of cow manure to power their facilities and fuel their milk tankers, is most closely related to which source of competitive advantage?

Answers

Answer:

Natural resources

Explanation:

Im not quite sure what your asking but if im right I think  they have the competitive advantage of natural resource which would be the cow poop/manure that theyre using to power there facilities and fuel milk tankers.

sorry if im wrong

Fair Oaks Farms’ manure management, specifically the use of cow manure to power their facilities and fuel their milk tankers, is most closely related to sustainability management.

What is sustainability management?

Sustainability management is a management discipline which embraces corporate strategies, operational capabilities, competencies, behaviours and cultures. The focus is on the products, services and the enterprise.

The supply chain is also the focus. The goal is to bring optimal balance to the performance of the organisation. It also aims to improve economic, environmental and social outcomes.

It is basically the production or consumption to minimize the impact on the environment and maximize the conservation of resources and their reuse.

The depletion and degradation of our natural resources is the reason why this is a much-needed and should also be a much-utilized idea.

Therefore, Fair Oaks Farms’ manure management, specifically the use of cow manure to power their facilities and fuel their milk tankers, is most closely related to sustainability management.

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What might a bank ask for in order to see if you have good Character?

What might a bank ask for in order to see if you have good Character?

Answers

Answer:

First answer choice

Explanation:

The second and fourth options would be obviously illegal. As it turns out, your bank also cannot ask about whether you receive public assistance.

high-performing teams include members who typically hold which of the following values?

Answers

Answer:

a high need for achievement

Explanation:

A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.

This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, workers working as a team usually interact with the other team members and as a result, this enhances performance and strengthen the level of relationship they share.

High-performing teams include members who typically hold a high need for achievement.

Hence, teams that perform exceptionally and excellently are usually made up of members that are keen on adding more feathers to their coat i.e they have a great urge or desire to reach greater heights and milestones.

What Limo servie do you use in Los Angeles for Prom Night?

Answers

Answer:

uhhhh one with good reviews lol

Explanation:

Answer:

HI

Explanation:

TRUE/FALSE. when an unlisted procedure or service code is reported, a special report must accompany the claim to describe of the procedure or service.

Answers

Above statement is correct, when an unlisted procedure or service code is reported, a special report must accompany the claim to describe the nature, extent, and need of the procedure or service.

What are unlisted codes used for?

When claims are submitted for procedures or services and a CPT/HCPCS code is not otherwise specified, unlisted codes are issued. Choose the procedure or service names that correctly identify the completed service in accordance with the AMA's (American Medical Association) CPT Code Set instructions.

How do you bill unlisted procedures?

Choose the CPT or HCPCS code for the service or treatment to be billed that most precisely describes what was done. If such a code is not present, use the relevant unlisted procedure or Not Otherwise Classified (NOC) code to report the service or operation (which often end in 99)

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according to the rational rule for sellers, the manager of this company should choose to produce of output and charge a price of .two units; $450three units; $400four units; $350one unit; $400

Answers

According to the rational rule, what output and price should the firm in the following example choose quantity= 4; price= $7

The foundation of rational choice theory, an economics theory that holds that people always choose options that maximize their own value, is rational behavior. Given the options available, these choices offer consumers the greatest benefit or enjoyment.

The Rational Rule for Employers advises hiring more people if an increase in output is desired and wages are declining since the marginal revenue product is greater than (or equal to) the pay.

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I am better at my job than most of the other people who have the same job title agree or disagree

Answers

Disagreed. You cannot say that you are better at your job than others who have the same job title.

How to answer questionnaire questions?

While providing the answer to a questionnaire, it is very important that a person would try to be as truthful as possible.

The reason they have to be truthful is so that they would be able to give the best answer that would be useful for the research.

In a question like this, I used disagreed because it is not possible that you have met all of the persons that have the same job description as you do.

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The circular flow of income model shows

a. that consumers demand products and supply resources.

b. that producers supply products and demand resources.

c. that the two basic institutions of households (consumers and businesses (producers) are each demanders and suppliers.

d. that the real flow and the money flow are in opposite.

e. all of the above

Answer:
e. all of the above

Answers

the correct answer is letter C:)

Hope it's help!! :))

happy sunny or night

PA6. 6.3 Box Springs, Inc., makes two sizes of box springs: twin and double. The direct material for the twin is $25 per unit and $40 is used in direct labor, while the direct material for the double is $40 per unit, and the labor cost is $50 per unit. Box Springs estimates it will make 5,000 twins and 9,000 doubles in the next year. It estimates the overhead for each cost pool and cost driver activities as follows: How much does each unit cost to manufacture?

Answers

The cost to manufacture Twin is $ 210 per unit and Double is $ 132 per unit.

Why does manufacture mean?

Making something in a factory, typically in big quantities, is referred to as manufacturing it. The business makes plastics.

Briefing:

                             Twin        Double

Direct material 25           35

Direct labor cost 35           55

Overhead         150           42

Total per unit         210            132

Workings:  

Activity                      Activity rate

Framing                 25=175000/(6000+1000)

Padding                 1=240000/(130000+110000)

Filling                0.4=320000/(450000+350000)

Labelling                0.2=250000/(800000+450000)

Inspection          11=187000/(12000+5000)

Activity                 Twin Double

Framing             150000 25000

Padding                 130000 110000

Filling                 180000 140000

Labelling                 160000 90000

Inspection        132000 55000

Total overhead 752000 420000

Divide by units 5000 10000

Overhead per unit  150          42

Activity             Twin                       Double

Framing =           6000*25     =       1000*25

Padding =           130000*1     =       110000*1

Filling =           450000*0.4   =      350000*0.4

Labelling =           800000*0.2   =      450000*0.2

Inspection =         12000*11      =      5000*11

The cost to manufacture Twin is $ 210 per unit and Double is $ 132 per unit.

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A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. Prior to buying the new equipment, the company used 6 workers, who together produced an average of 90 carts per hour. Workers receive $15 per hour, and machine cost was $40 per hour. With the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $11 per hour, while output increased by 5 carts per hour.

Comment on the changes in productivity according to the two measures. (Round your intermediate calculations to 3 decimal places and final answers to 2 decimal places.)
1. Labor productivity is increased or decreased by what %?
2. Multifactor productivity is increased or decreased by what %?

Answers

Answer: Hope this help. Please mark me brainliest :)

Explanation:

a.

Before: 90 ÷ 6 = 15.00 carts per worker per hour.

After: 96 ÷ 5 = 19.20 carts per worker per hour.

b.

Before: $14 x 6 = $84 + $40 = $124; hence 90 ÷ $124 = 0.73 carts/dollar cost.

After: $14 x 5 = $70 + $51 = $121; hence 96 ÷ $121 = 0.79 carts/dollar cost.

c.

Labor productivity increased by 28.00% (4.20/15.00).

Multifactor productivity increased by 8.22% (0.06/0.73).

Employee centered leader

Answers

Answer:

Employee centered leader behavior occurs when the leader is interested in developing a cohesive work group and in ensuring employees are satisfied with their jobs.

Answer:

employee centered leader behaviour occurs when the leader is interested in developing a cohesive work group and in ensuring employees are satisfied with their jobs

Explanation:

these tow styles of leader behaviour are believed to lie at the ends of a single continuum

An early 1970s government study ("Work in America") identified three chief sources of worker dissatisfaction. Which of the following is one of those sources?

Answers

Answer:

"The rigidity of rules and regulations " is the appropriate response.

Explanation:

Rigidity seems to be a distinguishing characteristic of the disposition among people with autism or disabilities. The same kind of perspective also requires an individual to implement strict guidelines to circumstances that require uncertainty as well as consistency.

That being said, regulations, as well as standards, seldom operate stringently, with little difference throughout circumstances and conditions.

On January 1, 2023, Eastern Corporation purchased a machine for $300,000. The
sales tax was $30,000 and the delivery charges were $5,000. All charges were paid in
cash. Eastern plans on using the machine in its business for 5 years and then disposing
of it. Eastern estimates a zero salvage value. Eastern uses straight line depreciation.
Required:
● Record the asset
● Record the annual depreciation
● Remove the fully depreciated asset and accumulated depreciation from the accounting
records
● Record the transactions in the journal and post them to the ledger.

Answers

To record the transactions related to the purchase, depreciation, and disposal of the machine, the following journal entries can be made:

On January 1, 2023, to record the purchase of the machine:

Machinery (Asset) $335,000

Cash $335,000

(To record the purchase of the machine including sales tax and delivery charges)

To record annual depreciation expense:

Depreciation Expense $67,000

Accumulated Depreciation $67,000

(To record annual depreciation expense of $67,000 ($335,000 / 5 years))

After 5 years, to remove the fully depreciated asset and accumulated depreciation:

Accumulated Depreciation $335,000

Machinery (Asset) $335,000

(To remove the fully depreciated asset and accumulated depreciation from the accounting records)

These transactions can be recorded in the general journal and then posted to the respective ledger accounts. The machinery account would show the original cost of $335,000, and the accumulated depreciation account would accumulate depreciation expense over the 5-year period, resulting in a balance of $335,000 by the end.

It's important to note that these entries are simplified examples assuming straight-line depreciation and zero salvage value. Actual accounting practices may vary based on specific circumstances and accounting policies followed by the company. It is recommended to consult with an accounting professional or refer to the company's accounting policies for accurate and specific recording of transactions.

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assume that the longwood corporation uses the indirect method to construct the company's statement of cash flows. indicate where, if at all, a purchase of treasury stock with cash would be classified on the statement of cash flows.

Answers

Answer:

Explanation:

If Longwood Corporation uses the indirect method to prepare its statement of cash flows, the purchase of treasury stock with cash would be classified as a financing activity in the statement of cash flows.

The statement of cash flows prepared using the indirect method starts with the net income reported on the income statement and makes adjustments to arrive at the operating cash flow.

It then separately reports cash flows from investing activities, which involve the purchase or sale of long-term assets, and financing activities, which involve transactions with owners and creditors.

The purchase of treasury stock with cash represents the use of cash for financing purposes, as the company is using its cash reserves to buy back its own shares from the market. This is a common strategy employed by companies to return cash to shareholders or to signal confidence in the company's financial health.

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performance.
Below is the information relating to production and sale of the
threeproducts for the year ending 31 December 2019:
Particulars
Krollers
Bags
Output sold (000)
Unit sales and costs
Selling price
Direct materials
Direct labour
Fixed production costs
Selling and distribution
Costs
Layers
Bags
1,200
Shs
1,050
Shs
Broilers
Bags
1,300
Shs
200,000 185,000 180,000
90,000 100,000
60,000 50,000
28,000 24,000
7,000 7,000
80,000
45,000
30,000
7,000
Administrative costs
5,000 5,000
6,000
Management accountant further advised that shutting down the
production line of feed concentrate for Kroilers will save 20% of the
total annual fixed costs.
Required:
Advise SIL's management, on whether the production line of
feed concentrate for Kroilers should be shut down.
(9 marks)

Answers

Based on the information provided, I recommend that SIL does not shut down the production line of feed concentrate for Kroilers

How to explain the information

The decision to shut down a production line is a complex one that should be made on a case-by-case basis.

In the case of SIL, the management accountant has advised that shutting down the production line of feed concentrate for Kroilers will save 20% of the total annual fixed costs. This would result in a net profit increase of Shs. 2,800,000 (20% of 28,000,000). However, there are a number of other factors that need to be considered.

Based on the information provided, I recommend that SIL does not shut down the production line of feed concentrate for Kroilers. The financial benefits of the closure would be offset by the costs of job losses, lost sales, and damage to the company's reputation. The company should explore other options, such as finding a way to reduce costs without closing the production line.

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QUESTION 11
A(n) is a union that consists of many local unions in a particular industry, skilled trade, or geographic area and thus represents workers throughout an
entire
country.
O national union
union conglomerate
O federated union
unionized association

Answers

Answer: National Union

Explanation:

Which of these best describes the relationship
between business equity and profit?
A. The proportion of the
equity one owns is more than the
proportion of the profits received.
B. The proportion of the equity one owns is less than the
proportion of the profits received.
C. The proportion of the equity one owns is the same proportion
of the profits received.

Answers

The answer will be C

Tax-Sheltered Returns. Ashley Travis, of Harrisburg, Illinois is in the 25 percent marginal tax bracket and is considering the tax consequences of investing $2,000 at the end of each year for 30 Years in a tax-sheltered retirement account, assuming that the investment earns 8 percent annually.
(A) How much will Ashley's account total over 30 years if growth in the investment remains sheltered from taxes?
(B) How much will the account total if the investments are not sheltered from taxes (Hint: Use Appendix A-3 or the Garman/Forgue companion website)

Answers

Ashley's account will total approximately $19,570.09 after 30 years if growth in the investment remains sheltered from taxes, and the investments are not sheltered from taxes is $12,225.87.

To calculate the total amount in Ashley's account after 30 years if growth in the investment remains sheltered from taxes, we can use the formula for compound interest;

A = P × \((1+r)^{n}\)

Where; A = Total amount in the account after n years

P = Initial investment amount ($2,000)

r = Annual interest rate (8% or 0.08)

n = Number of years (30)

Plugging in the values, we get;

A = $2,000 × (1 + 0.08)³⁰

Now, we can calculate the value of A;

A = $2,000 × (1.08)³⁰ ≈ $19,570.09

So, Ashley's account will total approximately $19,570.09 after 30 years if growth in the investment remains sheltered from taxes.

To calculate the total amount in Ashley's account after 30 years if the investments are not sheltered from taxes, we need to account for the taxes on the investment returns. Since Ashley is in the 25% marginal tax bracket, she will pay taxes on the investment returns at a rate of 25%.

Let's, calculate the annual compounded interest on the investment without considering taxes;

Annual interest without taxes = P × r

Annual interest without taxes = $2,000 × 0.08 = $160

Calculate the taxes on the annual interest at a rate of 25%:

Taxes on annual interest = Annual interest without taxes × Tax rate

Taxes on annual interest = $160 × 0.25 = $40

Therefore, Net annual interest = Annual interest without taxes - Taxes on annual interest

Net annual interest = $160 - $40 = $120

Calculate the total amount in the account after 30 years with taxes using the net annual interest;

Total amount with taxes =\((P+ Net annualinterest)^{n}\)

Total amount with taxes = ($2,000 + $120)³⁰

Using a calculator, we can calculate the value of the total amount with taxes;

Total amount with taxes = ($2,000 + $120)³⁰ ≈ $12,225.87

So, Ashley's account will total approximately $12,225.87 after 30 years if the investments are not sheltered from taxes.

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A retail store sold gift certificates that are redeemable in merchandise. The gift certificates lapse one year after they are issued. How would the deferred revenue account be affected by each of the following?

Redemption of certificates Lapse of certificates
a. Decrease Decrease
b. Decrease No effect
c. No effect Decrease
d. No effect No effect

Answers

Answer:

The correct option is b. That is, the deferred revenue account will be affected as follows:

Redemption of certificates                   Lapse of certificates

b. Decrease                                                        No effect

Explanation:

The given options in the question are clearly stated as follows:

Redemption of certificates                   Lapse of certificates

a. Decrease                                                        Decrease

b. Decrease                                                        No effect

c. No effect                                                         Decrease

d. No effect                                                         No effect

The explanation of the answers is now provided as follows:

When a gift certificate is redeemed, it implies that merchandise has been given to the holder of the gift certificate in return. This will therefore decrease the deferred revenue account.

However, the moment a gift certificate is lapse; it is no longer possible redeem it for merchandise. That is, no merchandise has been given to the holder of the gift certificate in return. This therefore indicates that that the deferred revenue account will not change.

Therefore, the correct option is b. That is, the deferred revenue account will be affected as follows:

Redemption of certificates                   Lapse of certificates

b. Decrease                                                        No effect

Goods or services reach the marketplace through.

Answers

Answer:

Marketing Channels

Explanation:

What he said no cap….
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At the beginning of a student's investigation, the valves are closed and the two outer containers are completely empty. The middle container holds particles of an ideal gas at a pressure of 9 atm. After the valves are opened and enough time has passed for net movement of particles between the containers to stop, the pressure of gas in the middle container will be closest to which of the following?1.5 atm2 atm3 atm9 atm A 67.6-kg boy is surfing and catches a wave which gives him an initial speed of 1.56 m/s. He then drops through a height of 1.65 m, and ends with a speed of 8.30 m/s. How much nonconservative work was done on the boy? How does the article develop the idea that American music is African American music?This is from a newsela. Need the answers quick! ans all these questions please A student wrote [1 1/2 (1/3) / (1/4) ] as the inverse of [ 1 2 3 4] . What mistake did the student make? Explain your reasoning. 9. There is so much water in the world, that we normally measure large bodies of water in cubicmiles or cubic kilometers instead of gallons. Cayuga Lake in upstate New York contains anestimated 9.4 km. How many cubic miles of water does Cayuga Lake contain? 20. A 15.9kg rock is dropped from a height of 113m. Calculate its potential energy. What is the rock'skinetic energy right before it hits the ground? What is the rock's velocity right before it hits the ground? I: A = (3,2,4) m=i+j+k12: A = (2,3,1) B = (4,4,1)(a) Create Vector and Parametric forms of the equations for lines I and rz(b) Find the point of intersection for the two lines(c) Find the size of the angle between the two linesa.b = lalx b| x cos oa. b = (a; xbi) + (a; xb;) + (aK Xbk) Can yall help me find the width The Trussville Utilities uses the rates shown in the table below to compute the monthly cost, C(x), of natural gas for residential customers. Usage, x, is measure in cubic hundred feet (CCF) of natural gas: Base charge $6.00 First 800 CCF $0.05 per CCF Over 800 CCF $0.15 per CCF a. Find the charge for using 400CCF. s b. Find an expression for the cost function C(x) for usage under 800 CCF. C(x)= c. Find an expression for the cost function C(x) for usage over 800 CCF. C(x)= - 1. What are facilities? Consider the following process at a pharmacy. Customers drop off their prescriptions either in the drive-through counter or in the front counter of the pharmacy. Customers can request that their prescription be filled immediately. In this case, they have to wait between 15 minutes and one hour depending on the current workload. Most customers are not willing to wait that long, so they opt to nominate a pickup time at a later point during the day. Generally, customers drop their prescriptions in the morning before going to work (or at lunchtime) and they come back to pick up the drugs after work, typically between 5pm and 6pm. When dropping their prescription, a technician asks the customer for the pick-up time and puts the prescription in a box labeled with the hour preceding the pick-up time. For example, if the customer asks to have the prescription be ready at 5pm, the technician will drop it in the box with the label 4pm (there is one box for each hour of the day). Every hour, one of the pharmacy technicians picks up the prescriptions due to be filled in the current hour. The technician then enters the details of each prescription (e.g. doctor details, patient details and medication details) into the pharmacy system. As soon as the details of a prescription are entered, the pharmacy system performs an automated check called Drug Utilization Review (DUR). This check is meant to determine if the prescription contains any drugs that may be incompatible with other drugs that had been dispensed to the same customer in the past, or drugs that may be inappropriate for the customer taking into account the customer data maintained in the system (e.g. age). Any alarms raised during the automated DUR are reviewed by a pharmacist who performs a more thorough check. In some cases, the pharmacist even has to call the doctor who issued the prescription in order to confirm it. After the DUR, the system performs an insurance check in order to determine whether the customers insurance policy will pay for part or for the whole cost of the drugs. In most cases, the output of this check is that the insurance company would pay for a certain percentage of the costs, while the customer has to pay for the remaining part (also called the co-payment). The rules for determining how much the insurance company will pay and how much the customer has to pay are very complicated. Every insurance company has different rules. In some cases, the insurance policy does not cover one or several drugs in a prescription, but the drug in question can be replaced by another drug that is covered by the insurance policy. When such cases are detected, the pharmacist generally calls the doctor and/or the patient to determine if it is possible to perform the drug replacement. Once the prescription passes the insurance check, it is assigned to a technician who collects the drugs from the shelves and puts them in a bag with the prescription stapled to it. After the technician has filled a given prescription, the bag is passed to the pharmacist who double-checks that the prescription has been filled correctly. After this quality check, the pharmacist seals the bag and puts it in the pick-up area. When a customer arrives to pick up a prescription, a technician retrieves the prescription and asks the customer for payment in case the drugs in the prescription are not (fully) covered by the customers insurance. questions 1. Model the prescription fulfillment process described in Exercise 1.6. Use subprocesses where required, and nest them appropriately. 2. Is there any sub-process that can potentially be shared with other business processes of the same pharmacy, or of other pharmacies? b.If we ..................(study)hard. we ............. ................(graduate)this year. What are the reasons you need a dedicated software development team?