a) Aggregate demand would increase.
b) Inflation would occur.
c) If the uses OMOs, they must sell bonds to fix the macro problems.
Government spending is the phrase for the amount that a nation's administration uses to support its people. The tax money collected from the populace is the main source of equilibrium source money used by the ruling party.
Both macroeconomic equilibrium and macroeconomic policy refer to the state of a larger economic system. Despite macroeconomic equilibrium, the stock market crashes.
a) A market crash would damage consumer and corporate confidence. Demand overall will slant to the left.
b) Slow growth will result from lower demand. In this case, inflation is unlikely.
c) To increase demand, the Fed will have to decrease interest rates. It will have to purchase bonds on the open market in order to cut interest rates.
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How much would a person have to deposit now to be able to withdraw $550 at the end of each year for 20 years from an account that earns 11 percent?
$3.785 95
$4 379 83
54 739 95
$5.076.55
Answer: $4,379.83
Explanation:
Given the following details:
Periodic payment = $550
Interest rate = 11%
Number of periods = 20 years
Present Value (PV) = P[(1 - (1 + r)^-n) / r]
Where
P = periodic payment = $550
r = Interest rate = 11% = 0.11
n = number of periods = 20
PV = 550[(1 - (1 + 0.11)^-20) / 0.11]
PV = 550[(1 - (1.11)^-20) / 0.11]
PV = 550[(1 - 0.1240339) / 0.11]
PV = 550[0.8759660 / 0.11]
PV = 550(7.9633281)
PV = 4379.8304
PV = 4379.83
Assume that people have rational expectations and that the economy is described by the sticky-price model.
a. Because people take into account all information available to them in forming their expectations of the price level EP,
only_______changes in the money supply affect real GDP. Changes in the money supply that are_________when prices were set do not have any real effects.
b. If the Fed sets the money supply at the same time as people are setting prices, so that everyone has the same
information about the state of the economy, then monetary policy_______be used systematically to stabilize
output. Hence, a policy of keeping the money supply constant will have________a policy of adjusting the money supply in response to the state of the economy.
c. Suppose the Fed sets the money supply well after people have set prices, so that the Fed has collected more
information about the state of the economy. Then monetary policy_____be used systematically to stabilize output.
a) Because people take into account all information available to them in forming their expectations of the price level EP, only unanticipated changes in the money supply affect real GDP. Changes in the money supply that are anticipated when prices were set do not have any real effects.
b) If the Fed sets the money supply at the same time as people are setting prices so that everyone has the same information about the state of the economy, then monetary policy cannot be used systematically to stabilize output. Hence, a policy of keeping the money supply constant will have the same real effects as a policy of adjusting the money supply in response to the state of the economy.
c) Suppose the Fed sets the money supply well after people have set prices so that the Fed has collected more information about the state of the economy. Then monetary policy can be used systematically to stabilize output.
(a) Since people base their expectations of the price level EP on all the information at their disposal, only unexpected changes in the money supply have an impact on real GDP. Prices were set with the expectation of changes in the money supply, but these changes had no real consequences.
(b) Monetary policy cannot be employed consistently to stabilize output if the Fed sets the money supply at the same time that prices are set, giving everyone the same understanding of the state of the economy. Therefore, maintaining a steady money supply will have the same practical results as changing it in response to the health of the economy.
(c) Monetary policy can be used systematically to stabilize output if the Fed sets the money supply after market participants have fixed prices and have gathered more data about the status of the economy.
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What is one cost of avoiding insurance?
Answer: One of the costs of not having insurance is the cost of repairing. Another cost is paying insurance premiums. Losses caused by a lack of insurance are the price of not having insurance.
Answer:
falling into debt if faced with a serious problem
Explanation:
Will mark brainly
Martha runs a small travel and tourism business. She, along with her staff, organizes vacations for her clients. Recently, Martha opened a new branch of her business in a different city. She has decided to print new brochures and catalogs that give information about her business. She also plans to mail these brochures to various homes in a location that attracts customers. Which type of promotion does Martha plan to use?
A.
sales promotion
B.
direct marketing
C.
personal selling
D.
advertising
E.
public relations
Answer:
c
i can't ghshjdhnsjsggsbdn
Answer:
B - Direct Marketing
Explanation:
1. Plato
2. personal selling is meeting face to face. Direct marketing does not invlove interaction with customers. (:
Question 6 [18] Problems and issues of concern in macroeconomics can best be identified by considering the main (standard) objectives of macroeconomic policy. Identify such macroeconomic problems and issues in South Africa by listing and briefly explaining each of the main (standard) macroeconomic policy objectives with special reference, where applicable, to any adjustments that were perhaps required in terms of each objective since the corona virus pandemic has taken effect.
The macroeconomic strategy is to create a stable economic environment that supports rapid and sustained economic growth.
Which major goals do macroeconomic policies pursue?An illustration of macroeconomic policy goals, with appropriate special reference A nation's income should be distributed fairly, there should be a steady and long-lasting economic boom, moderate levels of inflation, and low unemployment rates.
The 5 macroeconomic goals are as follows?growth that is both steady and sustained. Inflation rates that are low. Unemployment rates that are low. a country's revenue is distributed fairly.
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NEED HELP ASAP 100 pts What is represented by the point where P1 and Q1 intersect?
Production point where total costs are maximized
Production point where total costs are minimized
Profit-maximizing price and output levels
Profit-minimizing price and output levels
Profit-maximizing price and output levels are represented by the point where P1 and Q1 intersect.
According, to the question, the point P1 represents the total Cost Curve and Q2 represents total revenue curve.
At the intersection of its total cost curve and total revenue curve, a perfectly competitive business maximizes its earnings.
Hence, the answer is option C. Profit-maximizing price and output levels.
greatest way to define business?A company or inventive entity engaging in commercial, industrial, or professional activity is referred to as a business. Companies can be for-profit or nonprofit enterprises. Limited liability companies, sole proprietorships, corporations, and partnerships are all different sorts of businesses.
"Business definition idea" mean?Business is an economic activity that involves the exchange, acquisition, sale, or creation of products and services with the goal of making a profit and meeting client demands. Companies can be for-profit or nonprofit entities that work to make money or advance a social cause.
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Easy question 24 points !!
Answer:
a...............................
Which of the following leaves no room for compromise or gray areas?
O Propaganda
O Bandwagon techniques
O Glittering generalities
O Either/or fallacy
Either/or fallacy leaves no room for compromise or gray areas
What is Either/or fallacy?Either or fallacy also known as black and white thinking or false dilemma is a type of logical fallacy where only two choices are presented often with one being portrayed as the only correct or acceptable option while the other is portrayed as being completely wrong or unacceptable.
This type of argument leaves no room for compromise or gray areas and can be misleading as it oversimplifies complex issues and limits the range of options that are available
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Savannah is an attorney and also an excellent typist. She can type 120 words per minute, but charges attorney fees at $80 per hour. Matt would like some typing work but can only type 60 words per minute. The economic efficiency criterion indicates
Answer: c. Matt should do the typing, provided he is willing to do so for less than $40 per hour.
Explanation:
Going by the Economic Efficiency criterion, Matt should do the typing if he is willing to be paid less than $40 per hour. This is because he is only able to type at half the speed of Savannah, therefore he should be paid no more than half of what Savannah is being paid.
This represents efficiency because if he is paid anything higher than half of what Savannah is earning for half the work she can do, he is being overpaid and resources are not be distributed efficiently.
The economic efficiency criterion does indicate that Matt should do the typing provided he is willing to do so for less than $40 per hour
An efficient economic position is achieved if we are in a position that a person cannot be made better off without making someone else worse off.
Hence, the economic efficiency criterion does indicate that Matt should do the typing provided he is willing to do so for less than $40 per hour
Therefore, the Option C is correct.
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3. How did followers in this case act in ways that contribute to the power of destructive leaders and their goals? What was the debilitating impact their actions had on the organizations?
The followers in the Penn State Sexual Abuse Scandal acted in ways that contributed to the power of the destructive leader and his goals.
How did followers contributed to power of the destructive leader?Jerry Sandusky was convicted of sexually abusing multiple young boys over a period of several years which has erupted following Sandusky's arrest revealed a pattern of behavior in which followers including university officials and members of the football program.
This rruption enabled Sandusky's abusive behavior by ignoring or covering up reports of misconduct. In some cases, individuals who spoke out against Sandusky's behavior were ostracized or punished for challenging the status quo. This pattern of behavior allowed Sandusky to continue his abuse unchecked and contributed to the power he held over those around him.
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Where should you be on the focus-chaos scale to benefit from this course?
Based on the focus-chaos scale, to benefit from any course, you have to be on the left side of the scale.
What is the focus-chaos scale?This is a scale that is used to describe the focus and planning attribute of different types of people.
The people on the left are in the focus section and then to organize their lives well and embarked on planned activities. Youl'll have to lean towards this side to benefit from most courses as they require you to be organized in your learning.
The right side has the chaotic people who may not be organized, but someone find a way to live life successfully. It is harder to pass courses using this.
The complete question wasn't given so I gave a general discussion.
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The director decides to move forward to fix this issue.
"I'd like you to come up with a strategy to fix this misperception by consumers. I want this strategy to create an almost involuntary reaction in the consumer of thinking 'good-tasting cookie' whenever they see 'Cocoa Cremes'."
"I think once they learn and remember that the cookie brand stands for an enjoyable eating experience, we may see an increase in sales."
Which strategy would you recommend to the director?
You will recommend developing an advertising strategy that pairs image of people eating and enjoying cookies .
Elaborating:This is primarily due to the fact that the company is compelled to show customers a product commercial with two pictures of people eating and enjoying cookies bearing the brand name. which will undoubtedly recall the advertising campaign and brand name.
Every time they see advertising that uses the brand name, customers would be encouraged to try the product. Your brand's exposure through this strategy will undoubtedly result in increased sales. Customers will begin to view the brand in a more favorable light as a result of this positive influence.
Despite the fact that managers frequently employ both mental models, they frequently fail to recognize the differences. Additionally, decision-makers fall prey to mental pitfalls as a result of this lack of awareness. We can avoid falling into these traps and make better decisions if we understand backward and forward thinking.
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Which of the following will help you have a good credit score?
OA.
Opening a lot of credit accounts.
B.
Keeping your balance at the maximum available amount of credit.
O C.
Paying off your debt as quickly as possible.
D.
All of the above
The management of Osborn Corporation is investigating an investment in equipment that would have a useful life of 8 years. The company uses a discount rate of 12% in its capital budgeting. The net present value of the investment, excluding the annual cash inflow, is -$401,414. To the nearest whole dollar how large would the annual cash inflow have to be to make the investment in the equipment financially attractive
Answer:
$80,800
Explanation:
Calculation to determine the annual cash inflow have to be to make the investment in the equipment financially attractive
Using this formula
Annual cash flows = Negative net present value to be offset ÷ Present value factor
Let plug in the formula
Annual cash flows = $401,414 ÷ 4.968
Annual cash flows = $80,800
Therefore the annual cash inflow have to be to make the investment in the equipment financially attractive is $80,800
Your interest rate is compounded annually ,beginning balance $1166.40 annual rate 8%, how much will you earn in interest alone?
You will earn $93.31 in interest alone.
To calculate the amount of interest you will earn, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = the final amount
P = the principal amount (beginning balance)
r = annual interest rate (in decimal form)
n = number of times interest is compounded per year
t = number of years
In this case, the beginning balance is $1166.40, the annual interest rate is 8%, and the interest is compounded annually.
First, we need to convert the annual interest rate to a decimal form by dividing it by 100: 8% / 100 = 0.08.
Next, we substitute the values into the formula:
A = 1166.40(1 + 0.08/1)^(1*1)
Simplifying the equation, we have:
A = 1166.40(1.08)
Now, we can calculate the final amount
A = $1166.40 * 1.08
A = $1259.71
To find the amount of interest earned, we subtract the principal amount (beginning balance) from the final amount:
Interest earned = $1259.71 - $1166.40
Interest earned = $93.31
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How is productivity different in a goods-producing occupation and in a service-
providing occupation?
Answer:
Productivity for goods-producing tend to have a more simple variables for measurement. This might not be the case for service-providing occupations.
For goods producing occupation, productivity usually measured by two standards alone: The numbers of goods produced and the numbers of defect. A company will be considered to have good productivity if it has High number goods produced and the low defects.
For service-providing occupation, this measurement can be a bit more complicated.
Services usually depended on the type of costumers. A service that considered as 'satisfactory' by one costumers will not necessarily perceive the same way by the other customers. (For example, let's say that you work work as a barber and give 1 same hair style to two different customers. One customers might completely love your work while the other might completely hate it. Even if you're producing one same hair style )
This make measuring productivity for service industries become harder compared to manufacturing industry.
An article in Business Week warned of the dangers of deflation as the collapse of numerous Asian economies was creating worries that Asia might try to "export its way out of trouble" by oversupplying everything from automobiles to semiconductors. Evidence that deflation had become a genuine concern for managers was provided by a statement in the article by John Smith, chairman and CEO of General Motors Corporation: "Fundamentally, something has changed in the economy. In today's age, you cannot get price increases." The article offers advice to managers: "Productivity growth lets companies boost profits even as prices fall." Using short-run production and cost theory comment on this advice.
Answer:
Explanation:
This advice is supported by short-run production and cost theory, which states that firms can increase their profits even when prices are falling by increasing productivity. This can be achieved through cost-cutting measures, such as reducing labor and capital costs, and by increasing efficiency in production processes. By reducing their costs, firms can be more competitive and still realize a profit. Additionally, productivity growth can help firms to produce more goods at a lower cost, thereby increasing the firm's profitability. Thus, the advice given in the Business Week article is in line with short-run production and cost theory.
How is poverty anywhere a threat to prosperity everywhere?
Answer: Here poverty can be explained as a barrier to growth.
Explanation:
Although we indeed live today in a globalized world, where there are greater opportunities for more people, poverty continues to be a problem that can be a barrier to the growth of wealth.
Poverty interferes with the growth of the human being since it limits it and does not allow it to develop its potential, which leads it to remain at the same level where it was and contributes to the growth of poverty.
When poverty is higher, prosperity is lower. Inequalities in many aspects are becoming more marked and although it is true there seem to be greater opportunities, many times those people who come from poverty face difficulties to get out of there, which makes it a kind of circle.
A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from the government. It allows the supply and demand of consumers to determine the success or failure of an economic endeavor. As a result, some business owners have become successful, while others have not.
In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.
The entrepreneur that is chosen for this argument is Steve Jobs. Steve Jobs was one of the co-founders of Apple, which is now a trillion-dollar company.
The free enterprise system was necessary for Steve Jobs to make an impact on the business world. Steve Jobs did not come from a wealthy background, but he had a passion for technology. The free enterprise system allowed him to start a business without any restrictions from the government.
He was able to create innovative products, such as the iPhone and iPad, and sell them to consumers. The supply and demand of consumers determined the success or failure of his business endeavors. Steve Jobs was able to create a successful company and become a billionaire because of the free enterprise system.
Without the free enterprise system, Steve Jobs may not have been able to start a successful business and make an impact on the business world.
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Alejandro is the type of manager who completely focuses on efficiency, and he assumes workers are rational. Alejandro is probably applying the ________ viewpoint.
Alejandro is probably applying the quantitative viewpoint.
What is quantitative viewpoint?The quantitative viewpoint is the one that lay emphasis on efficiency. This viewpoint means that the questions we form can be best answered with some analytical thinking.
There are different types of managers, however, quantitative viewpoint assumes workers are rational hence focuses on efficiency of workers.
Hence, Alejandro is probably applying the quantitative viewpoint, which is the type of manager who completely focuses on efficiency, and assumes workers are rational.
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TRUE OR FALSE - ACCOUNTING (70 POINTS) - IF FALSE EXPLAIN WHY
1. If the adjusting entry to recognize expired auto insurance at the end of the period is inadvertently omitted, insurance expense will be understated and net income overstated.
2. The book value of an asset is the difference between the cost of an asset and the accumulated depreciation.
3. Accumulated depreciation is reported on the income statement.
4. A company depreciates its equipment $600 a year. The adjusting entry on December 31 is a: debit to Depreciation Expense, $600, and a credit to Accumulated Depreciation, $600.
5. Cash and other assets that are reasonably expected to be realized in cash, sold, or consumed less than one year after the balance sheet date are called current assets.
6. Manufacturing equipment is an example of a current asset.
7. Rent Expense is a permanent account and it appears on the balance sheet.
8. Assets, liabilities, and stockholders' equity accounts are permanent accounts and do not get closed at the end of the period.
A trader is long EUR/USD at 1.2780 and has a target of 1.2790, but wants to limit losses to 1.2775. If they have entered an OCO order, and EUR/USD trades below 1.2775 and then above 1.2790, what would be the resulting trade
If an OCO order is entered, and EUR/USD trades below 1.2775 and above 1.2790, the resulting trade is to: Sell at 1.2790 and again at 1.2775.
What is OCO order?OCO order which full meaning one cancels the other can be defined as a way in which both limit order as well as stop order can be place at once.
Since the trade target is 1.2790 in which the stop loss or limit loss is 1.2775 in a situation were EUR/USD trades below the limit loss (1.2775) and above the target (1.2790) the trading result will be to sell at 1.2790 and then sell again at 1.2775.
Inconclusion what would be the resulting trade is to:Sell at 1.2790 and again at 1.2775.
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QUESTION 8 of 10: You are counting your competitors in town. This number is a(n):
a) Irrational number
b) Integer
c)Imaginary number
d) None of the above
Answer:B; Integer
Explanation:Integer is like a whole number(1,2,3,4, etc) it cannot be decimals. Since there can’t be 2.5 people, the answer is B- Integers
While counting the competitors in town, integers will be used. This number is an integer because the counting of people can never be done in an irrational or integer form. Therefore, B is the correct option.
What is an integer?An integer is a whole number in itself. An integer can be zero, a negative digit, or a positive digit as well. The examples of integers are 1,2,3,4,5,0, -1,-2, -3, -4, -5 and so on.
The irrational numbers or integers cant be used for counting or measuring human beings whether the integers can be used to so. Integers are used in various ways in our daily life. Such as measuring temperatures and our money on debit cards and credit cards.
Integers will be utilized to count the local rivals. Since counting persons can never be done in an irrational or integer form, this quantity is an integer. B is therefore the best choice.
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what makes this cellphone brand or model unique
A wireless phone that uses computer equipment to move a call from one region to another and a network of low-power radio transmitters, each of which covers a separate geographic area (cell). This technology enables widespread portable phone service.
Explain about the cellphone and its unique?
International Mobile Equipment Identity is referred to as IMEI. Each mobile phone has a distinct 15-digit serial number that serves as the device's identity.
Mobile phones are used for many things, including staying in touch with family, conducting business, and having access to a phone in case of an emergency. Some people carry multiple mobile phones, including ones for personal and professional use.
The term "cellular" was chosen to describe the design of a network or wireless towers because the coverage map resembled a collection of biological cells. Eventually, all phones that utilised a similar principle came to be known as "cellular phones" or "cell phones."
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6. Why do employees often feel that appraisals “highlight all the bad things they did all year?”
Answer:
Explanation:
Performance appraisal is the method by which the performance of an employee is determined by the employer. It's main purpose is to eliminate the performance deficiencies of the employees. It is a part of career management.
The appraisals stress on the need to have more efficient employee and the deficiencies of the employee pointed out by the appraisal are overcome by the employee by taking the required training. Thus the employees feel that appraisals highlight all the bad things they did al year.
BE3.7 (LO 2), AN Helen is looking at the partial information left behind by her former supervisor, Lyle. She knows he used the high-low method to estimate the cost function because she sees his cryptic “H-L” scribbled on the page. She sees that the high point related to 35 units at a total cost of $328. She also finds the total fixed cost estimate of $97. She can’t find the low point written anywhere, and she needs the variable cost in order to estimate next month’s costs. Help Helen determine the variable cost per unit and then predict next month’s costs if 33 units are made.
1. The variable cost per unit is $6.60.
2. Next month's costs if 33 units are made will be as follows:
Fixed costs = $97Variable costs = $217.80Total costs = $314.80What is the high-low method?The high-low method is a cost accounting technique to separate the total fixed costs from the variable costs.
Using the high-low method, the fixed costs are separated from the total costs to determine the variable costs (in total and per unit).
Data and Calculations:Total production units = 35
Total costs = $328
Estimated total fixed costs = $97
Total variable costs = total costs - fixed costs
= $231 ($328 - $97)
Unit cost per unit = $6.60 ($231/35)
Next month's Costs at 33 units:
Fixed costs = $97
Variable costs = $217.80 ($6.60 x 33)
Total costs = $314.80
Thus, the variable cost per unit is $6.60, while the total costs for next month will be $314.80, using the high-low costing method.
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. What dangers do entrepreneurs face when they court equity investors to provide capital to finance their companies’
Answer:
Most entrepreneurs are risk-takers by nature, or at minimum calculated visionaries with a clear plan of action to launch a new product or service to fill a gap in the industry. On a personal level, many entrepreneurs take big risks to leave stable jobs to throw their efforts (and sometimes their own money) into launching a business.
Explanation:
For entrepreneurs, there is no guaranteed monthly income, no guarantee of success, and spending time with family and friends can be a challenge in the early days of launching a company. Here are some of the most common risks that every entrepreneur and investor should evaluate and minimize before starting a business.
10 problems Faced by Entrepreneurs in India While starting their business
Financing.
Lack of Planning.
Hiring the right talent.
Effective marketing within a limited budget.
Self-doubt and uncertainty.
Dealing with criticism.
Attractive Customers.
Making Decisions.
You, a Captain, are a section chief in Military Personnel and 2d Lt Smith’s supervisor. Lt Smith is a Force Support Officer. She has been on active duty for a year and in her present job for 10 months. She supervises 21 enlisted personnel who perform a variety of administrative tasks in support of a tactical fighter wing. She majored in business administration in college, served 3 years as an administrative specialist, and was an E-4 before being accepted for OTS. As an enlisted member, she graduated from technical school as an honor graduate and was cited on numerous occasions for outstanding performance. Her supervisors considered her a valuable asset to the unit and an expert in her area of responsibility. She’s very enthusiastic about her work and plans to make the Air Force a career.
Lieutenant Smith took over her job 2 months after the unit had received a rating of “marginal” by the numbered Air Force Inspector General’s evaluation team. At the end of her first week on the job, Lt Smith called her NCOIC and key supervisors together and told them that she wouldn’t tolerate marginal performance, that she had previous experience in this type of work, and would be looking at the quality of their work very closely. Since that time, Lt Smith has attempted to supervise every phase of work in her office and, at times, has involved herself in even the most routine decisions. Lt Smith assigns people to certain jobs within the office, plans the work schedule, leave schedule, and does most of the counseling in the office.
In the last 6 months, Lt Smith has ordered several people to work overtime to complete routine work ahead of schedule. Each time this has happened, the NCOIC has asked the lieutenant for permission to speak to her immediate supervisor. On each occasion, the lieutenant has told the senior master sergeant he must not take these internal problems to you, because she’ll take care of any problems in her section--and the NCOIC should remember who writes his EPR.
Most of the time, when Lt Smith approaches the work or break area where the workers are congregated, she notices all conversation stops and the personnel won’t talk to her unless she addresses them first. After reviewing a report yesterday, Lt Smith became very impatient. She bypassed his NCOIC and took the report directly to the Airman who had typed it. While Lt Smith was berating the Airman about the typing errors, the NCOIC walked into the office and asked the Airman what the problem was. The lieutenant became flustered, told the NCOIC she was tired of doing his job for him, and shoved the report into his hands. Lt Smith then went into her office and slammed the door.
The NCOIC relayed this situation to you and asked for your help. How will you help? BACKGROUND
*ENVIRONMENT: Airforce Base
*PEOPLE INVOLVE: The Captain, Lt Smith, Airman and NCOIC.
PROBLEM DEFINATION
*Lt Smith Unprofessional Behavior
DIAGNOSIS
*Marginal Performance
*Previous Experience
*Enthusiastic With her Job
*Academic Credibility
The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.
Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.
As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.
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According to Maslow's hierarchy of needs theory, the need for fringe benefits is an example of needs.
The second-most important need, according to Maslow's theory of the hierarchy of needs, is safety, which is reflected in workplace perks like job security.
The importance of Maslow's hierarchy of requirementsThe model of choice for illuminating the physiology of human motivation is Maslow's hierarchy of needs. It will enable you to spend less time speculating about what makes your employees tick and more time engaging in activities that inspire them.
How is the philosophy of Maslow applied today?We can think more freely and tactically as practitioners thanks to Maslow's approach. Understanding career development plans, methods, goals, and experiences aids both ourselves and our clients. It gives us the information necessary to pinpoint our interests, skill sets, abilities, and values.
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The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are 2/10, n/45. 20Y3 20Y2 20Y1 Accounts receivable, end of year $710,000 $630,000 $565,000 Sales on account 5,691,000 4,628,500 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet For 20Y2 and 20Y3, determine (1) the accounts receivable turnover and (2) the number of days' sales in receivables. Assume a 365-day year. Do not round intermediate calculations. Round your answers to one decimal place. 20Y3 20Y2 1. Accounts receivable turnover fill in the blank 2 fill in the blank 3 2. Number of days' sales in receivables fill in the blank 4 days fill in the blank 5 days The collection of accounts receivable has . This can be seen in both the in accounts receivable turnover and the in the collection period.
Answer:
Sigmon Inc.
1. Accounts receivable turnover = Sales/Average accounts receivable
20Y3 = 8.49x
20Y2 = 7.75x
2. Number of days sales in receivables = 365/Accounts receivable turnover
20Y3 = 43 days
20y2 = 47.1 days
3. The collection of accounts receivable has improved from 47.1 days to 43 days. This can be seen in both the in accounts receivable turnover and the in the collection period.
Explanation:
a) Data and Calculations:
Terms of all sales are 2/10, n/45
20Y3 20Y2 20Y1
Accounts receivable, end of year $710,000 $630,000 $565,000
Sales on account 5,691,000 4,628,500
Average accounts receivable 670,000 597,500
1. Accounts receivable turnover = Sales/Average accounts receivable
20Y3 = 8.49x ($5,691,000/$670,000)
20Y2 = 7.75x ($4,628,500/$597,500)
2. Number of days sales in receivables = 365/Accounts receivable turnover
20Y3 = 43 days (365/8.49)
20y2 = 47.1 days (365/7.75)