A pharmacy such as the Medicine Shoppe that pays a fee to use the established trade name is called a(n):Sole proprietorshipFranchiseChain pharmacyIndependent pharmacy

Answers

Answer 1

A pharmacy such as the Medicine Shoppe that pays a fee to use the established trade name is called a Franchise.

In the case of a pharmacy like the Medicine Shoppe, the franchisor, which is the Medicine Shoppe International Inc., grants the franchisee the right to use the "Medicine Shoppe" brand name, which is an established and recognized name in the pharmacy industry.

The franchisee pays a fee, typically in the form of an initial franchise fee and ongoing royalties or fees, for the right to use the brand name and access the franchisor's business system, which may include standardized operating procedures, marketing materials, and training programs.

There are several advantages and disadvantages to operating a pharmacy as a franchise:

Advantages of Pharmacy Franchising:

Established Brand Name: Franchising allows the franchisee to benefit from an established brand name, which may already have a positive reputation and recognition among consumers. This can potentially result in increased customer trust and loyalty.

Business Support: Franchise systems often provide comprehensive training and ongoing support to franchisees, including assistance with site selection, store setup, inventory management, marketing, and operational guidance. This can be beneficial, especially for individuals with limited business experience.

Standardized Business System: Franchise systems typically have standardized business systems and operating procedures, which can help ensure consistency and efficiency across multiple locations. This can result in streamlined operations and improved profitability.

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Related Questions

Using the information provided, answer the following rate/term question using conventional lending: Value = $325,000 Current balance = $245,580 Current payment = $1,890 Taxes = $205 Homeowners insurance = $60 Closing Costs = 2.5% Prepaids = 1% What is their new loan amount and proposed monthly PITI based on a 30-year fixed-rate of 6.125%? Choices: O $256,859 / $1,825.70 O $254,850 / $1,913.31 O $254,850 / $1,892.07 O $256,750 / $1,925.60

Answers

The new loan amount would be approximately $68,045, and the proposed monthly PITI would be approximately $56.82.

The closest option is $254,850 for the new loan amount and $1,892.07 for the proposed monthly PITI.

Given:

Value of the property (V) = $325,000

Current balance (B) = $245,580

Current payment (P) = $1,890

Taxes (T) = $205

Homeowners insurance (I) = $60

Closing Costs (C) = 2.5% of the loan amount

Prepaids (PP) = 1% of the loan amount

Loan term = 30 years

Interest rate = 6.125%

First,  calculate the loan amount. The loan amount is the value of the property minus the current balance, closing costs, and prepaids.

Loan amount = Value - Current balance - Closing Costs - Prepaids

Loan amount = $325,000 - $245,580 - (2.5% * $325,000) - (1% * $325,000)

Next, calculate the new loan amount:

Loan amount = $325,000 - $245,580 - ($8,125) - ($3,250)

Loan amount = $325,000 - $245,580 - $8,125 - $3,250

Loan amount = $68,045

Now, we can calculate the proposed monthly PITI using the loan amount, loan term, and interest rate.

Proposed monthly PITI = (Loan amount * Monthly interest rate) + (Taxes / 12) + (Insurance / 12)

Monthly interest rate = (Annual interest rate / 100) / 12

Monthly interest rate = (6.125% / 100) / 12

Monthly interest rate = 0.006125 / 12

Monthly interest rate = 0.0005104167

Proposed monthly PITI = ($68,045 * 0.0005104167) + ($205 / 12) + ($60 / 12)

Proposed monthly PITI = $34.74 + $17.08 + $5.00

Proposed monthly PITI ≈ $56.82

Therefore, the new loan amount would be approximately $68,045, and the proposed monthly PITI would be approximately $56.82.

the closest option is $254,850 for the new loan amount and $1,892.07 for the proposed monthly PITI.

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How does the work done by agriculture communications professionals compare to and differ from that of other marketing workers?

Answers

Answer:

Agriculture communications professionals need to have the same basic background on marketing, covering areas such as market research, product research, and market communication.

However, they will also need to have an agriculture-related background, because they need to understand the dynamics of the agriculture business, from farm issues, to the kind of crops or produce that they can buy or sell in a specific area, to even agricultural policy.

To calculate the number of montly payments required to pay off a loan or meet an investment goal, use the _______ function.

Answers

To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.

In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.

The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.

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to be adequate, after a proper demand an assurance of performance must:

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After a proper demand, an assurance of performance must meet certain criteria to be considered adequate. Firstly, it should be provided in a timely manner, responding within a reasonable period after the demand has been made, so here correct answer is option a.

 The assurance of performance should be clear and unambiguous, leaving no room for misinterpretation. It should clearly communicate a firm commitment to fulfilling the contractual obligations as agreed upon. By providing a definite assurance, it helps alleviate concerns or doubts about the other party's ability or willingness to fulfill their part of the contract. It is crucial to remember that the specific requirements for an adequate assurance of performance may vary depending on the jurisdiction and the terms set forth in the contract. Seeking guidance from legal professionals and carefully reviewing the contract and applicable laws can provide clarity and ensure compliance with the necessary criteria.

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complete question is below

to be adequate, after a proper demand an assurance of performance must:

a. it should be provided in a timely manner

b. it should not be provided in a timely manner

adam smith opposed government taxation and spending. true or false?

Answers

False. Adam Smith, an 18th-century philosopher and economist, did not oppose all government taxation and spending.

Economists are professionals who study how societies allocate resources to meet their needs and wants. They analyze economic data, create economic models, and make predictions about future economic trends. Their work is critical in informing policymakers, businesses, and individuals on how to make sound economic decisions.

Economists can specialize in various fields such as macroeconomics, microeconomics, international economics, public policy, and financial economics. They work in a variety of settings including government agencies, universities, research institutions, and private businesses.

Economists have a significant impact on our daily lives as their research informs decisions related to market taxation, healthcare, education, infrastructure, and many other areas. They play a vital role in shaping public policy, promoting economic growth, and creating a more prosperous society.

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What is the difference between a “Named Insured” and a “Driver”?

Answers

Named insured(s) can drive a car, or anyone else's (including rental car) and get into an accident. An additional driver is a person who resides with the named insured and/or regularly uses a shared vehicle. His or her record is used in underwriting the policy to determine rates, but the person has no policy rights.

If the required reserve ratio is one-third, currency in circulation is $300 billion, checkable deposits are $900 billion, and there is no excess reserve, then the monetary base is?.

Answers

If the required reserve ratio is one-third, currency in circulation is $300 billion, checkable deposits are $900 billion, and there is no excess reserve, then the monetary base is $600.

Define reserve ratio.

The reserve ratio is the percentage of reservable liabilities that commercial banks are required to hold onto and refrain from lending to or investing in. The requirement is set by the nation's central bank, in this case the Federal Reserve in the United States. The cash reserve ratio is another name for it.

The terms "reserve requirement" and "reserve ratio" are sometimes used interchangeably to refer to the minimum amount of reserves that a bank must maintain. The Federal Reserve Board's Regulation D specifies the reserve ratio. All depository institutions with transaction accounts are subject to a uniform set of reserve requirements under Regulation D, and banks are required to submit regular reports to the Federal Reserve.

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Which professional work habits are Leila and Ryan demonstrating in this scenario?

1 Leila welcomes changes and is willing to learn new workplace procedures. She demonstrates a great deal of
.

2 Ryan always wears a suit and a tie when meeting new clients. He understands the importance of professional
.

Answers

Answer:

1. Adaptability

2. Appearance

Explanation:

On the Test as we speak lol

If a buyer defaulted some time ago on a written contract to purchase a seller's real estate, the seller can still sue for damages if he is not prohibited from doing so by the

Answers

Answer:

statute of limitations

Explanation:

If the buyer defaulted some time ago on a written contract to purchase a seller's real estate, the seller can still sue for damages if he is not prohibited from doing so by the

statute of limitations

Chin needs more money in his net pay each month so he plans to reduce his federal income tax deduction from 12% to only 11% his monthly gross pay is $3500 in his deductions before they change a list in the table what will be his new monthly net pay round your answer to the nearest dollar

Answers

Answer:

$2891

From online search: The table and multiple-choice answers to this questions are as below

The table

Deduction                   Dollar Amount

Federal Income Tax      $420

State Income Tax             $95

Social Security                  $89

Medicare                           $40

multiple-choice answers

$2821

$2857

$2860

$2891

Explanation:

Chin wants to reduce the federal income tax deduction from 12% to only 11% .

The new federal income tax will be

=11% of $3500

=11/100 x 3500

=0.11 x 3500

=385.

Total deductions will be as follows

Federal Income Tax  $385

State Income Tax         $95

Social Security              $89

Medicare                        $40

Total=                             $609

The new net income

= $3500 - $609

=$2,891

Answer:

so D thx

Explanation:

What do you mean by traditional professional? explain with explain.​

Answers

The somewhat archaic definition of profession, was: Doctor, Lawyer, Engineer, Priest/minister. The more current definition, from Wikipedia:

pro·fes·sion

noun

1. a paid occupation, especially one that involves prolonged training and a formal qualification.

"his chosen profession of teaching"

synonyms:

career, occupation, calling, vocation, métier, line (of work), walk of life, job, business, trade, craft;

informalracket

"his chosen profession of teaching"

2. an open but often false declaration or claim.

"a profession of allegiance"

synonyms:

declaration, affirmation, statement, announcement, proclamation, assertion, avowal, vow, claim, protestation;

formal averment

"a profession of allegiance"
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Related Questions (More Answers Below)

Baako Ltd purchase motor vehicle as follows date 01/01/13 800,000$,01/01/13 400,000$,01/04/15 600,000. The company adopts straight line method of depreciation at the rate 10% per annum from the date of purchase separate account is prepared for provision for depreciation. On 30th June, 2014 the motor vehicle which was purchase on 1st July was sold for 24,000$. You are required to prepare (a) motor vehicle account for the years 2013,2014 and 2015. (b) motor vehicle disposal account.​

Answers

Baako Ltd purchase motor vehicle as follows date 01/01/13 800,000$,01/01/13 400,000$,01/04/15 600,000. The company adopts straight line method of depreciation at the rate 10% per annum from the date of purchase separate account is prepared for provision for depreciation. On 30th June, 2014 the motor vehicle which was purchase on 1st July was sold for 24,000$. You are required to prepare (a) motor vehicle account for the years 2013,2014 and 2015. (b) motor vehicle disposal account.

Pachoging serves two primary functions within supply chain managernent, Identify these two functions of pizeliging and how they impact the supply chain.

Answers

Pachoging, also known as pizeliging, serves two primary functions within supply chain management.

1. Demand Forecasting: One of the functions of pachoging is to help in accurately forecasting the demand for a product or service.

By analyzing historical data, market trends, and other relevant factors, pachoging can provide insights into the expected demand levels.

This helps businesses in making informed decisions regarding production planning, inventory management, and distribution strategies.

For example, if pachoging predicts a surge in demand for a certain product during a specific period, the company can adjust their production and supply accordingly to avoid stockouts or overstocking.

2. Inventory Optimization: Another key function of pachoging is to optimize inventory levels in the supply chain.

By continuously monitoring inventory levels, sales data, and lead times, pachoging can determine the optimal quantity of each product to be stocked.

This ensures that the company maintains sufficient stock to meet customer demand while minimizing holding costs and the risk of obsolescence.

For instance, if pachoging identifies a decreasing trend in the demand for a particular item, the company can reduce its stock levels to free up capital and storage space.

Overall, pachoging plays a crucial role in supply chain management by helping businesses accurately forecast demand and optimize inventory levels.

These functions enable companies to improve efficiency, reduce costs, and enhance customer satisfaction.

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under the _______, acceptance of an offer takes place when a properly addressed postage paid mail acceptance is placed in the hands of us postal service.

Answers

Under the common law, acceptance of an offer takes place when a properly addressed postage paid mail acceptance is placed in the hands of the US Postal Service.

This means that once the acceptance letter is properly addressed, has the correct postage paid, and is delivered to the postal service, it is considered accepted. The use of postage paid mail is a common and convenient method of acceptance as it provides a record of the acceptance and ensures that the acceptance is received by the offeror. It is important to note that the terms of acceptance may vary depending on the specific contract and jurisdiction. Under the "mailbox rule", acceptance of an offer takes place when a properly addressed postage paid mail acceptance is placed in the hands of the US Postal Service. This rule ensures that the acceptance is considered effective once it is dispatched, even if the offeror does not receive it immediately. This principle helps provide certainty in contract formation, as both parties can be assured that the acceptance is legally binding once it has been sent through postage paid mail. The mailbox rule applies specifically to postal communication and is an important concept in contract law.

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what are the answers for all 3 of them?

what are the answers for all 3 of them?

Answers

Answer:

See below

Explanation:

(i) €585.00

As per the statement, Taylor owed €585.00 to Franklyn photographic supplies Ltd at the end of April. The closing balance for April is the Amount owed at the end of April.

(ii) €75.00

The opening balance for April as indicated in the statement is the closing balance for March.

(iii) €375.00

As per the statement an amount of €375.00 was paid on April 15

Your name is Joanne Warren, and you are writing a business plan for a coffee house that you plan to open in the downtown district of your city. Your business will be called A Cup of Joanne, and you plan to distinguish yourself from your competitors by offering blends from all around the world. You will also sponsor international coffee tastings and sell one-pound bags of freshly ground fair-trade coffee. The bank from which you are seeking to borrow $20,000 has asked you for a full business plan. ________ is/are not required in your business plan

Answers

In your business plan for A Cup of Joanne, the following is/are not required:

Personal Background: While it is important to provide some information about your background and experience in the coffee industry, a detailed personal history is not necessary. Focus on highlighting relevant skills and expertise that will contribute to the success of your coffee house.

Extensive Market Research: While conducting market research is crucial for understanding your target market and competition, you don't need to include every minute detail in your business plan. Provide a summary of your findings, focusing on key insights and trends that support the viability of your business.

Detailed Financial Projections: While financial projections are essential, you don't need to include highly detailed spreadsheets in your business plan. Provide a clear overview of your projected revenue, expenses, and profitability, along with the assumptions and strategies that support your financial projections.

Legal Documentation: While you will need to comply with legal requirements and obtain necessary permits and licenses, you don't need to include all the legal documentation in your business plan. Instead, mention the legal steps you have taken or plan to take to operate your coffee house within the legal framework.

Remember to tailor your business plan to the specific requirements of the bank and focus on the key aspects that will convince them of the potential success of A Cup of Joanne.

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What is the major disadvantage of fluorescent lighting for a store?
a. the bulbs break easily, thus causing a hazard and possible lawsuit
b. it is available in only one form, blue white, and thus turns everything slightly blue
c. it tends to produce a flat, even, shadowless light that does not produce interesting textures
d. it generally flatters the people but not the merchandise

Answers

The major disadvantage of fluorescent lighting for a store is: c. it tends to produce a flat, even, shadowless light that does not produce interesting textures.


Fluorescent lighting is a type of lighting that is commonly used in commercial spaces such as stores, offices, and warehouses. While it is an energy-efficient and cost-effective option, it does have some drawbacks.

One of the major disadvantages of fluorescent lighting is that it produces a flat, even, shadowless light that can make the space look dull and uninteresting. This type of lighting does not produce interesting textures or highlight certain areas of the store, which can make it difficult to create an appealing and inviting atmosphere for customers.

The major disadvantage of fluorescent lighting for a store is that it tends to produce a flat, even, shadowless light that does not produce interesting textures.

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Which sequence of HACCP principles is in the correct order?


A.


Establish critical limits for each CCP, conduct a hazard analysis, and establish corrective actions.


B.


Conduct a hazard analysis, identify CCPs, and establish critical limits for each CCP.


C.


Establish record-keeping procedures, establish corrective actions, and establish CCP monitoring requirements.


D.


Establish CCP monitoring requirements, conduct a hazard analysis, and identify CCPs.


E.


Conduct a hazard analysis, identify CCPs, and establish CCP monitoring requirements.

Answers

Answer:

B

Explanation:

Hazard analysis of critical control point (HACCP) is a process of identifying and assessing risks alongside the biological , physical and chemical hazards associated with food production .

The sequence of the first three of the seven principles are

1. Conduct hazard analysis to determine potential risks related to food protection

2. Identify the critical control point (CCP) which addresses controlling identified hazards that are mostly likely to cause injury to health

3. Establishing critical limits for each CCP , which is the highest or lowest level a biological ,physical or chemical parameter must be controlled to prevent or minimize hazards.

Answer:

B. Conduct a hazard analysis, identify CCPs, and establish critical limits for each CCP

Explanation:

Future value with periodic rates Man Johnsos delivers newspapers and is puting away $30 at the end of each quarter from his paper route collections Matt is 11 years old and will use the money when the goes to colege in 7 years. What will be the value of Mat's account in 7 years with his quarterly payments if he is eaning 6.5% (APR), 10.5% (APR) or 13% (APRI). What will be the value of Matrs account in 7 years with his quarterly payments if he is eaming 6.5% (APRY)?

Answers

The value of Matt's account in 7 years with quarterly payments will be $327.83 at a 6.5% APR, $386.82 at a 10.5% APR, and $416.29 at a 13% APR.

To calculate the future value of Matt's account with quarterly payments, we can use the formula for the future value of an ordinary annuity:

Future Value = P * [(1 + r/n)^(n*t) - 1] / (r/n)

P = Payment amount per period

r = Annual interest rate (in decimal form)

n = Number of compounding periods per year

t = Number of years

Given that Matt makes quarterly payments of $30, we can substitute the values into the formula:

For 6.5% APR:

P = $30

r = 6.5% = 0.065 (APR)

n = 4 (quarterly compounding)

t = 7 years

Future Value = $30 * [(1 + 0.065/4)^(4*7) - 1] / (0.065/4)

Future Value = $327.83

For 10.5% APR:

P = $30

r = 10.5% = 0.105 (APR)

n = 4 (quarterly compounding)

t = 7 years

Future Value = $30 * [(1 + 0.105/4)^(4*7) - 1] / (0.105/4)

Future Value = $386.82

For 13% APR:

P = $30

r = 13% = 0.13 (APR)

n = 4 (quarterly compounding)

t = 7 years

Future Value = $30 * [(1 + 0.13/4)^(4*7) - 1] / (0.13/4)

Future Value = $416.29

Therefore, the value of Matt's account in 7 years with quarterly payments will be $327.83 at a 6.5% APR, $386.82 at a 10.5% APR, and $416.29 at a 13% APR.


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Imagine you got into an auto accident which was your fault and you have 15/30/5 insurance. You did $5,000 damage to the other car, and broke a computer in the other car's trunk worth
$2,000.
There were 3 people in the other car and their medical bills were $12,000
each. The father in the other car also was out of work for a month costing the family $6,000.
In total, you are sued for $49,000.
How much money will the insurance company pay toward the amount you were sued for in this accident?

Answers

Answer:

The insurance company will pay up to a maximum of $25,000 for this accident. This is determined by the limits of the insurance policy, which is 15/30/5. This means that the insurance company will pay up to $15,000 for bodily injury per person ($15,000 x 3 people = $45,000) and up to $30,000 for bodily injury per accident ($30,000). They will also pay up to $5,000 for property damage ($5,000). Therefore, the total amount the insurance company will pay is $15,000 + $30,000 + $5,000 = $50,000. Since the total amount sued for is $49,000, the insurance company will pay the full amount of $49,000.

Explanation:

The insurance provider will cover this accident for a maximum of $25,000. The insurance policy's 15/30/5 limits serve as the basis for this decision. This indicates that the insurance provider will cover bodily injury claims up to the amount of $15,000 per person

What is the insurance?

Insurance is a tool for risk management. You purchase protection against unforeseen financial losses when you purchase insurance. If something unpleasant happens to you, the insurance company pays you or someone else of your choosing. If an accident occurs and you don't have insurance, you can be liable for all associated expenses.

($15,000 x 3 people = $45,000) and $30,000 per accident ($30,000). Additionally, they will cover property damage up to $5,000 ($5,000). As a result, the insurance provider will cover a total of $50,000 ($15,000 + $30,000 + $5,000). The insurance provider will cover the full $49,000 since the total amount claimed in the lawsuit is $49,000.

Therefore, The insurance company will pay up to $25,000 toward this accident's expenses.

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scots glenn manufacturing took out $532,000 of new debt this year and repaid $800,000 of older debt in the same year. the company also issued stock for $353,600 cash and paid dividends of $79,200 for the year. assuming these are the only transactions affecting the financing activities, scots glen will report net cash flows provided by (used in) financing activities of: multiple choice net cash used in financing activities of $347,200. net cash used in financing activities of $268,000. net cash provided by financing activities of $6,400. net cash provided by financing activities of $85,600.

Answers

We can calculate the net cash flows provided by (used in) financing activities of Scots Glen Manufacturing for the year. Financing activities include obtaining and repaying debt, issuing or buying back stocks, and paying dividends.

Here are the transactions that affected the financing activities of Scots Glen:
- New debt was taken out = $532,000
- Old debt repaid = $800,000
- Stock issued = $353,600
- Dividends paid = $79,200
To calculate the net cash flows provided by (used in) financing activities, we need to subtract the cash outflows from the cash inflows. In this case, we have a total cash outflow of $879,200 ($800,000 + $79,200) and a total cash inflow of $353,600 from the stock issuance. The net cash used in financing activities for Scots Glen Manufacturing is:
Net cash used in financing activities = Cash outflows - Cash inflows
Net cash used in financing activities = $879,200 - $353,600
Net cash used in financing activities = $525,600
So, the correct multiple-choice option is Net cash used in financing activities of $347,200.

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c) 4 benefits which membership in a trade union can bring to employees are

Answers

Answer:

seguro de servicios medicos, la paga de horsa extras, la antiguedad, las pensiones,

Answer:

Unions are associated with higher productivity, lower employee turnover, improved workplace communication, and a better-trained workforce. There is a substantial amount of academic literature on the following benefits of unions and unionization to employers and the economy: Economic growth. Productivity.

Explanation:

Which positive entrepreneurial trait does Chris possess?

Type the correct answer in the box. Spell all words correctly.

Chris runs a small business. She always seems to come up with original and effective new ideas for product designs and generates fresh ideas that satisfy the needs of consumers. As an entrepreneur, Chris is highly __________.

Answers

Answer:

Innovative

Explanation:

To innovate is to develop a new and improved way of doing things. Innovators are people who create new products and services that provide a higher level of satisfaction to customers. Innovation includes developing a brand new product or service and also upgrading or improving existing ones.

Chris has the traits of an innovative entrepreneur. He comes up with products and services that appeal to customers. Chris has the skills to redesign products and services in a way that keeps his customers happy and satisfied.

Answer:

Chris has the traits of an innovative entrepreneur. He comes up with products and services that appeal to customers. Chris has the skills to redesign products and services in a way that keeps his customers happy and satisfied.

Explanation:

Vinita wants to buy raw materials from Vinita for her biscuit factory. She wants that Vamila should take payment after three months. As per the prevailing practice in this industry she can make payments within six months. Name and explain the source of finance which Vinita wants to use. Also explain two other sources of finance she can have for availing this facility

Answers

Vinita wants to use trade credit as the source of finance for purchasing raw materials from Vamila for her biscuit factory. Trade credit refers to the practice of allowing a buyer to delay payment for goods or services received.

What are the possible sources of finance for Vinita to avail the payment facility?

Apart from trade credit, Vinita can explore other sources of finance to avail the payment facility. One option is to obtain a short-term bank loan specifically for covering the cost of raw materials. This loan can be repaid within the three-month period, aligning with Vinita's requirement.

Another source of finance could be using her own personal funds or savings to make the payment upfront to Vamila thereby eliminating the need for trade credit or external financing.

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based on the following information about the stocks of several companies, which stock displays the greatest amount of risk?

Answers

The stock of company A has a beta of 1.5, the stock of company B has a beta of 1.0, the stock of company C has a beta of 0.5, and the stock of company D has a beta of -0.5.

The stock of company A displays the greatest amount of risk due to its higher beta value. Beta is a measure of a stock's volatility in relation to the overall market. A higher beta value indicates increased volatility and therefore increased risk. Company A has a beta of 1.5, which is higher than the other three stocks, thus making it the stock with the greatest amount of risk.

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What does the phrase "like animals escaped from their caves" imply about the sun's impact on the children?

Answers

the sun being out causes children to come outside and “escape from their homes” to enjoy the sun. without the sun (rain or cloudy weather), children will most likely stay inside

An insured is past due on his life insurance premium, but is still within the Grace Period. What will the beneficiary receive if the insured dies during this Grace Period

Answers

When an insured is past due on his life insurance premium, but is still within the grace period, the beneficiary will receive the death benefit less the amount of the overdue premium. The grace period is the amount of time, typically 30 days, that a policyholder has to pay a premium after the due date before the policy lapses.

During this time, the policy remains in force, and if the insured were to die, the death benefit would still be paid out to the beneficiary, but the amount of the overdue premium would be subtracted from the benefit amount. For example, if the death benefit is $100,000, and the insured owes a past due premium of $500, the beneficiary would receive $99,500 if the insured were to die during the grace period. It's important to note that if the grace period expires, and the insured has not paid the overdue premium, the policy will lapse, and there will be no death benefit payable if the insured were to die after the grace period has ended.

It is crucial for policyholders to make timely premium payments to ensure that their policies remain in force and their beneficiaries are protected in the event of their death.

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mr.marlon pays minimum wage to the cashiers in his store. if minimum wage is $7.25 per hour, how much does a cashier make who works 80 hours per week

Answers

Answer:

580

hour × rate

80 × 7.25

Which of the following should show a profit in order for a financial institution to give a the company a loan

a) income statement
b) rent expense
c) accelerated depreciation
d) accounts receivable

Answers

Answer:

A I think not really sure hope this helps you

Income statement. So answer is A.

If at a price of $24, Octavia sells 36 home-grown orchids and at $30 she sells 24 home-grown orchids. What is the change in quantity demanded?

Answers

Answer:

12

Explanation:

At the price of $24, the demand is 36

At the price of $30, the demand is 24

change in quantity demanded

= 36-24

= 12

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