Effective risk management is acting proactively rather than reactively in an effort to influence future events as much as feasible. Therefore, the correct statements are: option c, e, and g.
With appropriate risk management, both the possibility of a risk happening and its potential impact can be reduced. A risk management plan contains a detailed description of the complete procedure, including risk identification, assessment, and mitigation. Cost-benefit analysis, financial repercussions, and risk control monitoring are also included.
On the other hand, a risk assessment is a specific phase in the risk management process. Staff members can reduce the likelihood and severity of potential project risks by early risk identification. There will be a strategy in place in the event that something goes wrong. This is something staff members may do to be ready for anything and enhance project outcomes.
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a) The solar installation generates electric power from sunlight and incurs operating costs for cleaning
the solar modules (sometimes called solar panels) and replacing solar modules that have failed. The
annual revenue from the electric power is variable due to variable cloudiness and solar module failure
and has a mean of $2.78m and a standard deviation of $0.32m. The annual operating costs have a mean
of $0.51 and a standard deviation of $0.12m.
calculate the mean and standard deviation of the annual profit
Answer:
The mean of the annual profit is $2.27 m.
The standard deviation of the annual profit is $0.3418 m.
Explanation:
Let X represent the annual operating costs for cleaning the solar modules and replacing solar modules that have failed.
And let Y represent the annual revenue from the electric power.
It is provided that:
\(E(X)=\$0.51\ m\\E(Y)=\$2.78\ m\\SD(X)=\$0.12\ m\\SD(Y)=\$0.32\ m\)
It is known that:
Annual Profit (Z) = Annual Revenue (Y) - Annual Operating Costs (X)
Compute the mean of the annual profit as follows:
\(E(Z)=E(Y-X)\)
\(=E(Y)-E(X)\\=2.78-0.51\\=2.27\)
The mean of the annual profit is $2.27 m.
Compute the standard deviation of the annual profit as follows:
\(SD(Z)=\sqrt{V(Y-X)}\)
\(=\sqrt{V(Y)+V(X)-2Cov(X,Y)}\\=\sqrt{V(Y)+V(X)}\\=\sqrt{(0.32)^{2}+(0.12)^{2}}\\=0.3418\)
The standard deviation of the annual profit is $0.3418 m.
john had a lot of medical bills over the course of a year. his total bill was 5600. his insurance company would not post any of his bill until he paid 500. this is called a
Until he paid 500, his insurer would not publish any of his bill. It is known as a deductible.
The term "deductible" means what exactly?The deductible in an insurance contract is the sum that must be paid out of cash by the policyholder before the insurance company will cover any costs.
In common parlance, the term "deductible" may be used to refer to any one of a number of clause types that insurance firms employ to establish a payment threshold for policies.
The deductible is the sum that a policyholder must pay out of pocket before the insurance provider begins to make payments. In other terms, the insurance provider is only required to pay a claim when the amount is greater than the deductible.
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Ms. Lily is the managing director of HappyGifts, a company that sell flowers, gifts and other related goods to offices and homes. Since the onset of the health pandemic in 2019, HappyGift has sold its products online in addition to the selling through its normal physical stores. Since 2020 until now, HappyGifts online sales constitutes an average of 65 % of the total sales. Thus, Ms. Lily is considering changing HappyGifts business direction to become a fully online business. Ms. Lily no longer directly manage the operations or the delivery service. She is interested in developing a performance measurement system that can help her to evaluate the relative performance of each product line and to provide signals of likely future performance issues. It is important that she knows any problems, especially those relating to customers and costs overruns as soon as they happen. She would like to know this information for each of her three major product line: flower arrangement, corporate gifts and flower wreaths. Ms. Lily knows that this line of business, customer loyalty can be short live, and profits are not stable.
You are appointed as consultant to HappyGifts.
Required:
(ii) Provide suggestions and justifications on four key non-financial measures required in the new performance measurement system. Please ensure the suggested measures are suitable with the nature of her business.
When developing a performance measurement system for HappyGifts, it's important to include key non-financial measures that provide insights into the company's operations, customer satisfaction, and potential performance issues. Here are two suggested non-financial measures that are suitable for Happy Gifts' online business:
Customer Satisfaction Score (CSAT): CSAT measures the level of satisfaction among customers with their overall shopping experience. By regularly collecting feedback through surveys or customer reviews, Happy Gifts can gauge how well their products and services are meeting customer expectations. This measure is particularly important for an online business as it helps identify any potential issues with product quality, delivery, or customer support.
Order Fulfillment Time: This measure tracks the time it takes for Happy Gifts to process and fulfill customer orders from the moment they are placed to the moment they are delivered. With online sales constituting a significant portion of the business, efficient order fulfillment is crucial for maintaining customer satisfaction and loyalty. By monitoring order fulfillment time, Ms. Lily can identify bottlenecks or delays in the process and take necessary actions to improve operational efficiency.
These non-financial measures provide Ms. Lily with valuable insights into the performance of each product line and help her identify potential issues related to customer satisfaction, operational efficiency, website performance, and product quality.
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b. Explain how you could combine the risk-free instrument and a
risky portfolio with an expected return of 20% to obtain an
expected return of 34%. Assume the risk-free rate of interest is
6%.
To combine a risk-free instrument and a risky portfolio to achieve a specific expected return, you can use a technique called portfolio diversification.
Let's assume you have a risk-free instrument with a known return of 6% and a risky portfolio with an expected return of 20%. To achieve an expected return of 34%, you can allocate your investment between the risk-free instrument and the risky portfolio.
Let's denote the weight or proportion of your investment in the risky portfolio as w, with 1 - w representing the weight in the risk-free instrument.
To calculate the expected return of the combined portfolio, you can use the weighted average of the returns:
Expected return = (Weight of risky portfolio * Expected return of risky portfolio) + (Weight of risk-free instrument * Expected return of risk-free instrument)
In this case, we want the expected return to be 34%. We already know the expected return of the risky portfolio is 20%, and the expected return of the risk-free instrument is 6%. Let's plug in the values:
0.34 = (w * 0.20) + ((1 - w) * 0.06)
Simplifying the equation:
0.34 = 0.20w + 0.06 - 0.06w
0.34 - 0.06 = 0.20w - 0.06w
0.28 = 0.14w
w = 0.28 / 0.14
w = 2
Therefore, to achieve an expected return of 34%, you would allocate 200% of your investment in the risky portfolio and -100% in the risk-free instrument. This indicates that you would invest twice the amount in the risky portfolio than your total investment.
It's important to note that a negative weight indicates a short position or borrowing against the risk-free instrument to leverage your investment in the risky portfolio. This type of leveraging strategy increases both potential returns and risks. Additionally, it's crucial to consider the risk profile, volatility, and correlation of the risky assets in the portfolio when making investment decisions.
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kray incorporated, which produces a single product, has provided the following data for its most recent month of operations: number of units produced 3,200 variable costs per unit: direct materials $ 40 direct labor $ 25 variable manufacturing overhead $ 14 variable selling and administrative expense $ 5 fixed costs: fixed manufacturing overhead $256,000 fixed selling and administrative expense $259,200 there were no beginning or ending inventories. the variable costing unit product cost was:
The variable costing with the unit product cost, we need to add up all this variable costs per unit. The variable costing unit for the product cost for Kray Incorporated is $84.
Direct materials: $40
Direct labor: $25
Variable manufacturing overhead: $14
Variable selling and administrative expense: $5
variable cost :
$40 + $25 + $14 + $5 = $84
The total variable costs for 3,200 units are:
3,200 units x $84 per unit = $268,800
The total fixed costs are:
Fixed manufacturing overhead: $256,000
Fixed selling and administrative expense: $259,200
Total fixed costs: $256,000 + $259,200 = $515,200
To calculate the variable costing unit product cost, we need to divide the total variable costs by the number of units produced:
$268,800 total variable costs ÷ 3,200 units produced
= $84 variable costing unit product cost.
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app to check all three credit scores at the same time??
Answer:
ScoreSense Score To Go
Explanation:
Question 7 of 10
Which of the following tells you what your gross and net income was for a
particular pay period?
A. W-4 form
B. Pay check
C. Tax return
D. Pay stub
Answer:
d. pay stub
Explanation:
Pay stub tells you what your gross and net income was for a particular pay period. The appropriate response is option D.
What is Pay stub?An employer's pay stub is a record that lists an employee's gross pay, deductions from that pay, and net compensation. Paychecks are produced together with pay stubs.
Employees get a pay stub along with their paycheck that contains information about their gross pay, deductions made from it, and final net pay. Pay stubs should include information on tax deductions, health insurance premiums, and retirement contributions.
Your company will provide you with a non-binding pay stub that details your gross pay, benefits received, and net pay. Lenders, prospective employers, and other organizations utilize it to comprehend your earnings.
The appropriate response is option D.
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Beta Company bought 80 units of inventory for $12 each and 20 units of inventory for $12.50 each. It sold 90 units for $25 each. Beta's weighted average cost is ______.
Answer: 12.10
Explanation: weighted average=((80*$12)+(20*$12.50))/100
. Beta's weighted average cost is $12.10 per units.
What is weighted Average Cost ?The COGS and inventory levels are determined using a weighted average in the Weighted Average Cost (WAC) technique of inventory valuation in accounting. The weighted average cost technique divides the price of the items up for grabs by the number of them.
By dividing the total number of observations by the total number of observations, the average is determined. On the other hand, the weighted average makes a judgment using both the observation and the weight. While an average is a mathematical statement, the weighted average is used in daily financial operations.
Calculation of Weighted Average Cost of Inventory
\(Weighted Average Cost = Unit * price per unit + Unit * price per unit / total unit \\ = (80 units * $12) + (20 units * $ 12.50) /100 units\\ = 960 + 250 / 100\\ = $ 12.10 per unit\)
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Richard agrees to supply Henry with all his needs of specially made shampoo for Henry's beauty salon. Henry believes that Richard is a representative of a famous hair products company, but he finds a letter to a competitor written by Richard two days before the agreement is signed proving that Richard is a fraud. Richard says that this letter may not be admitted to court since the contract is wholly integrated. Is he correct?
Answer: No. Richard is wrong as the letter may be admitted to court.
Explanation:
Based on the information given, Richard is wrong as the letter may be admitted to court.
It should be noted that prior evidence as well as contemporary evidence is excludable, but only in a situation whereby it alters the contract terms. In this case, the evidence is admitted in order to prove that Richard is fraudulent in the inducement.
Corey, the chief financial officer of Maurectric Inc., an electronics company, is also an investor in the stockmarket. As the shareholder of various other companies, he attends the Annual General Meetings of thosecompanies. This helps him study the financials and financial strategies followed by other companies in the sameindustry. In the context of managerial roles, which of the following roles does Corey illustrate in this scenario?
a. The leader role
b. The liaison role
c. The disseminator role
d. The figurehead role
Answer:
The liaison role
Explanation:
From the question we are informed about Corey, the chief financial officer of Maurectric Inc., who is an electronics company, is also an investor in the stockmarket. As the shareholder of various other companies, he attends the Annual General Meetings of thosecompanies. This helps him study the financials and financial strategies followed by other companies in the sameindustry. In the context of managerial roles,in this case, the roles does Corey illustrate in this scenario is
liaison role.
A liaison role can be regarded as role that is been played by person for liaison in between two firms or two particular organizations so that he/she can communicate as well as coordinating their activities through his/her service as as an official go-between carrying out this role to senior officials of both organizations.. liaison officer should always attends the organization key meetings.
Please explain to me what interest rate is please im super confused :)
Answer: An interest rate is the percentage of principal charged by the lender for the use of its money. The principal is the amount of money loaned. Interest rates affect the cost of loans. ... The Federal Reserve manages interest rates to achieve ideal economic growth.
Explanation:
The most common time frame individuals use when developing a budget is _____. A) Yearly B) Monthly C) Daily D) Weeklyeco
Answer:
Monthly
Explanation:
Select the correct answer.
Shazia writes a novel about the lives of nomads who lived in the 1800s. She later finds out that a big production house has launched a movie based on a theme that Shazias’ book covers, including a few exact details. The production house didn’t check with Shazia for her consent. Which IPR right has the production house violated?
A.
trademark
B.
copyright
C.
patent
D.
trade secret
E.
goodwill
Standard & Poor’s and Moody’s would be least helpful while making decisions concerning the purchase of _____.
municipal bonds
savings bonds
junk bonds
corporate bonds
Answer:
The correct approach is Option b (Savings bonds).
Explanation:
Securities from either the United States treasury or such an outside approved agency which always demonstrate that the extra revenue was committed to that same administration and therefore is due to the designated individual is considered as Saving bonds.They have been utilized to support their activities by raising financial resources as well as redistributing wealth and infrastructure.The other given alternatives aren't related to the given scenario. So the above is the right answer.
Kendra Brown is analyzing the capital requirements for Reynold Corporation for next
year. Kendra forecasts that Reynold will need $15 million to fund all of its positive-NPV
projects and her job is to determine how to raise the money. Reynold's net income is $11
million, and it has paid a $2 dividend per share (DPS) for the past several years (1 million
shares of common stock are outstanding); its shareholders expect the dividend to remain
constant for the next several years. The company's target capital structure is 30% debt and
70% equity.
a. Suppose Reynold follows the residual model and makes all distributions as dividends.
How much retained earnings will it need to fund its capital budget?
b. If Reynold follows the residual model with all distributions in the form of dividends,
what will be its dividend per share and payout ratio for the upcoming year?
c. If Reynold maintains its current $2 DPS for next year, how much retained earnings
will be available for the firm's capital budget?
d. Can Reynold maintain its current capital structure, maintain its current dividend per
share, and maintain a $15 million capital budget without having to raise new
common stock? Why or why not?
e.
Suppose management is firmly opposed to cutting the dividend; that is, it wishes to
maintain the $2 dividend for the next year. Suppose also that the company is committed
to funding all profitable projects and is willing to issue more debt (along with the
available retained earnings) to help finance the company's capital budget. Assume the
resulting change in capital structure has a minimal impact on the company's composite
cost of capital, so that the capital budget remains at $15 million. What portion of this
year's capital budget would have to be financed with debt?
f. Suppose once again that management wants to maintain the $2 DPS. In addition, the
company wants to maintain its target capital structure (30% debt, 70% equity) and its
$15 million capital budget. What is the minimum dollar amount of new common
stock the company would have to issue in order to meet all of its objectives?
& Now consider the case in which management wants to maintain the $2 DRS and its
target capital structure but also wants to avoid issuing new common stock. The
company is willing to cut its capital budget in order to meet its other objectives.
Assuming the company's projects are divisible, what will be the company's capital
budget for the next year?
h. If a firm follows the residual distribution policy, what actions can it take when its
forecasted retained earnings are less than the retained earnings required to fund its
capital budget?
Here, Retained Earnings Required = $4 million ,Payout Ratio ≈ 0.1818 or 18.18% ,To fund the capital budget without issuing new common stock, Reynold would need to either reduce the capital budget or change its dividend policy. ,Shortfall = $6 million ,the minimum dollar amount of new common stock the company would have to issue is $20 million., the capital budget for the next year would be $9 million., Reduce the capital budget: The firm can cut back on planned investments and allocate fewer funds to the capital budget.
a. To fund its capital budget using the residual model, Reynold Corporation would need to use retained earnings. The retained earnings required can be calculated as the difference between the capital budget and the net income:
Retained Earnings Required = Capital Budget - Net Income
Retained Earnings Required = $15 million - $11 million
Retained Earnings Required = $4 million
b. If Reynold Corporation follows the residual model with all distributions in the form of dividends, the dividend per share (DPS) and payout ratio can be calculated. Since the company has 1 million shares of common stock outstanding, the dividend per share would be:
Dividend per Share = Total Dividends / Number of Shares
Dividend per Share = $2 million / 1 million
Dividend per Share = $2
The payout ratio is the proportion of earnings paid out as dividends:
Payout Ratio = Dividends / Net Income
Payout Ratio = $2 million / $11 million
Payout Ratio ≈ 0.1818 or 18.18%
c. If Reynold Corporation maintains its current $2 DPS for the next year, the retained earnings available for the firm's capital budget can be calculated. The retained earnings available would be the net income minus the dividends paid:
Retained Earnings Available = Net Income - Dividends
Retained Earnings Available = $11 million - $2 million
Retained Earnings Available = $9 million
d. Reynold Corporation cannot maintain its current capital structure, maintain its current dividend per share, and maintain a $15 million capital budget without having to raise new common stock. The retained earnings available are only $9 million, which is insufficient to fund the full capital budget of $15 million. To fund the capital budget without issuing new common stock, Reynold would need to either reduce the capital budget or change its dividend policy.
e. To determine the portion of the capital budget that needs to be financed with debt while maintaining the $2 dividend per share, we need to find the shortfall between the capital budget and the available retained earnings.
Shortfall = Capital Budget - Retained Earnings Available
Shortfall = $15 million - $9 million
Shortfall = $6 million
Therefore, $6 million of the capital budget would need to be financed with debt.
f. If the company wants to maintain the $2 dividend per share, the target capital structure of 30% debt and 70% equity, and the $15 million capital budget, the minimum dollar amount of new common stock that needs to be issued can be calculated.
New Common Stock = Shortfall / (1 - Equity Ratio)
Equity Ratio = 1 - Debt Ratio
Equity Ratio = 1 - 0.3
Equity Ratio = 0.7
New Common Stock = $6 million / (1 - 0.7)
New Common Stock = $6 million / 0.3
New Common Stock = $20 million
Therefore, the minimum dollar amount of new common stock the company would have to issue is $20 million.
g. If the company wants to maintain the $2 dividend per share, the target capital structure of 30% debt and 70% equity, and avoid issuing new common stock, it would be willing to cut its capital budget. Since the projects are divisible, the capital budget for the next year can be reduced by the amount of shortfall:
Capital Budget = Capital Budget - Shortfall
Capital Budget = $15 million - $6 million
Capital Budget = $9 million
Therefore, the capital budget for the next year would be $9 million.
h. When the forecasted retained earnings are less than the retained earnings required to fund the capital budget, a firm following the residual distribution policy can take the following actions:
Reduce the capital budget: The firm can cut back on planned investments and allocate fewer funds to the capital budget.
Raise external financing: The firm can raise additional funds through debt or equity issuance to cover the shortfall in retained earnings.
Adjust dividend policy: The firm can decrease the dividend per share or payout ratio to retain more earnings internally and fund the capital budget.
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Need help ASAP! Will give brainliest;) NO LINKS please, WILL REPORT.
Which of the following is NOT a component of a promotional plan?
A). Timeline
B). Goals
C). Samples
D). Budget
ECONOMICS EVERFI QUESTION When comparison shopping, all of these hint at a good deal EXCEPT_____________________. lower-priced models offer more features. there is a coupon available for additional percentage off the price. the sale price is the cheapest available. there are more positive customer reviews than negative reviews.
Answer:
the sale price is the cheapest available.
Explanation:
Comparison shopping is the practice or nature of shopping where one compares the price of an item different sources which the individual wishes to purchase. This is done in advance before the actual purchase or shopping. It is done to achieve the best deal in price.
Comparison shopping is ideal or beneficial when buying items which can be easily researched through some advertisements. When doing comparison shopping it is not a good deal to always go for the lowest price available.
Thus, it is not considered a good deal when you go for the sale price that is the cheapest available.
The sentence which best complete the phrase is lower-priced models offer more features (option A)
When we want to buy an object it is advisable to find out its value in different places to find the cheapest one. It is also advisable to look for discount coupons or promotions to save us a little money.
Another activity that we can carry out is to consult on the internet the review of other buyers about the product to make sure that its operation is optimal.
Generally, the cheapest models are the ones that offer the fewest features. For example, if I want to buy a bicycle, its price can vary based on different characteristics such as the material of the frame (lighter is worth more) or the number of speeds (more speeds are worth more).
According to the above, the correct answer is option A. because it mentions an aspect related to low-value objects.
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in recent decades, economic inequality (both income inequality and wealth inequality) has become a prominent topic in american politics. how would you define income inequality? how is income inequality measured? what has happened to income inequality in the united states since the end of the second world war in 1945? what evidence can you provide to support your answer? what are the reasons for the changes in income inequality since 1945? what is wealth inequality and how does it differ from income inequality? is wealth more or less equally distributed than income? why do you suppose that is? what has happened to wealth inequality in the u.s. in recent years? what accounts for those changes? do you think the trend in economic inequality is a problem? why or why not?
Income inequality refers to the unequal distribution of income or wages within a society. It is measured by comparing the income or wages of different groups within a society, such as the top 1% of earners compared to the bottom 50% of earners.
Income inequality can also be measured using the Gini coefficient, which is a statistical measure that ranges from 0 (complete equality) to 1 (complete inequality).
What are the other factors about?Since the end of World War II in 1945, income inequality in the United States has generally increased. According to data from the US Census Bureau, the Gini coefficient for household income in the US has increased from 0.397 in 1947 to 0.485 in 2019.
This indicates that income has become more unequal over time. Other measures of income inequality, such as the ratio of the top 1% of earners to the bottom 50% of earners, have also increased over time, indicating that the gap between high earners and low earners has grown.
There are several factors that have contributed to the increase in income inequality in the US. These include globalization and technological changes that have led to the outsourcing of jobs and the automation of certain industries, as well as changes in government policies and regulations that have favored high earners.
Wealth inequality refers to the unequal distribution of wealth or assets within a society. It differs from income inequality in that wealth includes all of a person's assets, including property, investments, and other forms of ownership, while income refers only to wages or salary.
Wealth is often more unequally distributed than income, as it can be passed down from generation to generation and can accumulate over time.
Therefore, In recent years, wealth inequality in the US has also increased. According to data from the Federal Reserve, the top 1% of wealth holders in the US owned 22.5% of all wealth in 2013, up from 18.7% in 1989.
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Which of the marketing mix elements corresponds to what the buyer gives up in the marketing exchange?.
Price is the element of the marketing mix that corresponds to what the buyer gives up in the marketing exchange.
What is the marketing mix?They are the set of activities performed by marketing to promote a product or service and increase the profitability of a company. The four Ps of marketing are:
ProductPricePlacePromotionTherefore, the objective of the marketing mix is to increase the value of the brand and its positioning through the creation of value for the consumer.
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Honesty is an example of a value.
True
False
Answer:
True
Explanation:
Honesty is a value
:)
Answer: true, personally not sure if this is for edge or not
Explanation:
yeah
Maya is concerned about her credit problems and is worried
about the debt she's accumulated throughout college. Which
of the following strategies is the most advisable for Maya?
automatically apply for bankruptcy
immediately consolidate her loans
look for a reputable credit counselor
Answer:
C!
Explanation:
Debts are often referred to as money owed by individuals and they have no way to pay for it. The
best strategy that is the most advisable for Maya is to look for a reputable credit counselor
A credit counselor often tells an individual the right steps to take concerning any credit be it debt or any other things.If you can't make a payment or meet the options given, it is better to discuss payment options, contact your lenders to explain your situation or a credit counselor.
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The ability to interact, be responsible, persevere, be a team player, be motivated, and problem solve are examples of _______________ skills valued by employers.
a. Trade
b. Technical
c. Critical
d. Automatic
Answer:
b. Technical
Explanation:
The ability to interact, be responsible, persevere, be a team player, be motivated, and problem solve are examples of technical skills valued by employers.
1.If all 25,000 sweatshirts are sold, how much revenue will be made?
If all 25,000 sweatshirts are sold, the revenue that will be made would be more higher and max. For non-benefit associations, revenue might be alluded to as net receipts, support, commitments.
What does Revenue means?In bookkeeping, revenue is the aggregate sum of pay produced by the offer of labor and products connected with the essential tasks of the business.
Overall use, revenue is the aggregate sum of pay produced by the offer of labor and products connected with the organization's essential tasks Deals revenue is pay gotten from selling labor and products throughout some stretch of time. Charge revenue is pay that an administration gets from citizens. Raising support revenue is pay gotten by a foundation from contributors and so on to additional its social purposes.
In more proper utilization, revenue is a computation or assessment of occasional pay in view of a specific standard bookkeeping practice or the principles laid out by an administration or government office.
Therefore For non-benefit associations, revenue might be alluded to as net receipts, support, commitments.
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why can't food be used as a form of money?
Typically, food is perishable. People will refuse to take perishable food as payment for services if they already have plenty to eat.
Why food Cannot be used as a form of money?Even in the event of a complete economic collapse, it is more likely that people will start exchanging food for gold, silver, copper, or diamonds.
Since they already have all they need for eating, those who have access to abundance of food won't accept perishable food as payment for services.
Thus, Typically, food is perishable
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suppose that eduardo agrees to purchase caleah’s car for $10,000. eduardo’s payment of $10,000 is the _____ caleah will receive for her car.
Eduardo's payment of $10,000 is the purchase price that Caleah will receive for her car. This is the amount of money that Eduardo has agreed to pay Caleah in exchange for her car.
The purchase price is the total amount of money that a buyer agrees to pay a seller for a particular item or service. In this case, Caleah is the seller of the car and Eduardo is the buyer. Once Eduardo pays the purchase price, he will become the new owner of the car, and Caleah will have received the agreed-upon amount for the sale. It's important to note that the purchase price can be negotiated between the buyer and seller, and it may not always be the same as the initial asking price. However, once both parties agree to a purchase price, it becomes the final amount that the seller will receive for their item.
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On his first day as a police officer, Rudy learned about the importance of rank in the force. Beat officers were the lowest-ranking members, detectives the next level, then sergeants, then lieutenants, and then the captain. When a higher-level police officer issued an order, lower-ranking members of the force jumped. That’s just the way it was, and no one questioned the chain of command. This is an example of the_____________ element of the path–goal theory.a. leadership styleb. environmentalc. outcomesd. employee
The example given illustrates the leadership style element of the path-goal theory.
So, the correct answer is A.
What's the path-goal theory?The path-goal theory focuses on how a leader's behavior affects the motivation and satisfaction of their followers in achieving their goals.
The example highlights the hierarchical structure of the police force, where higher-ranking officers have the power to issue orders that lower-ranking officers must follow without question.
Therefore it's example has correct answer A.
This autocratic leadership style is a clear example of the path-goal theory's directive leadership style, where leaders provide specific guidance and structure to their followers.
This leadership style is effective when the tasks are ambiguous or complex, and followers need clarity and direction. However, it may also lead to reduced motivation and satisfaction among followers if they feel like they lack autonomy or input in the decision-making process.
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What type of special title insurance policy is used when a property is being purchased through a land sales contract, purchase money mortgage, or purchase money trust deed
Answer:
A vendee policy.
Explanation:
A vendee policy is a type of special title insurance policy that is used when a property is being purchased through a land sales contract, purchase money mortgage, or purchase money trust deed.
This ultimately implies that, a vendee policy is an equitable buyer's lien issued to the purchaser of a real estate property in order to protect them in terms of repayment of the money being made as payment. It serves as a form of security for the buyer of a real estate property and as such it is enforceable by a court of competent jurisdiction.
The term “By Returns” and a corresponding credit of $80 on a statement of account mean that a sum of $80 was:
a) Paid to the seller
b) Paid to the buyer
c) Added to the amount owing
d) Deducted from the amount owing
Answer:
d) Deducted from the amount owing
Explanation:
Returns refer to the goods previously sold to a customer, but the buyer has since rejected them and returned them to the seller. A buyer may reject goods due to various reasons, such as the goods being defective.
When a buyer rejects and returns goods, they are not expected to pay for them. The seller issues a credit note worth the goods returned. That amount is deducted from the invoice issued to the buyer.
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20 points :)
Answer:
the last one.
Explanation:
they both are traveling at the same speed. the size (mass) won't matter because only temperature affects average kinetic energy.
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There are 2 types of sales approaches used in the sales process. These are: soft approach and hard approach. Explain both with examples for each.
Answer:
Soft Sell-Many customers appreciate the soft sell approach when they just need some guidance in deciding on a selection. The seller can use gentle persuasion or suggestion to convince the buyer. Soft sell techniques include pointing out that many of the items were sold last week, recommending a certain model that costs less or saying that you recently bought the same product and are happy with it. No pressure is used. You state facts and allow the buyer to decide.
Hard Sell-High-pressure tactics often are not well-received by customers. However, the intimidation in the hard sell might cause some people to buy a product they don’t really want or need. Hard sellers try to make customers feel they must buy the product or service right now. The salesman claims that the product might be gone tomorrow or the that customer has no need to wait because the seller guarantees satisfaction. The seller tries to make the decision for the customer in a hard sell. “You can afford it” or “If you don’t buy it now, it won’t be here later,” the salesperson might say. Many customers are aware of the hard sell and walk away immediately. The soft sell approach usually results in more sales, but the hard sell works sometimes.
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