Sometimes our desires are so strong they seem to be needed. Similarly to this, we could discover that something we previously thought of as a want is actually something we actually need.
The main distinction in wants and needs lies in the fact that needs are seen as being necessary for our continuing existence and well-being, whilst wants are seen as being extraneous. The distinction between wants and necessities is not as straightforward as it may seem, despite how simple it may seem.
The distinction between wants and necessities—like food, water, and shelter—is very clear-cut.
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Requirement 2. How much is the owner's equity of the property management company? Irene Chan has $ of equity in the property management company?
The information provided is incomplete as the amount of equity or any specific details about Irene Chan's investment in the property management company are not given. Therefore, without knowing the specific amount or percentage of equity Irene Chan holds in the company.
it is not possible to determine the exact value of the owner's equity or Irene Chan's equity in the property management company.Equity represents the ownership interest in a company and is calculated by subtracting the company's liabilities from its assets. However, since no information is provided regarding the company's liabilities, assets, or Irene Chan's investment.
We cannot calculate the owner's equity or determine Irene Chan's specific equity in the property management company.To accurately determine the owner's equity or Irene Chan's equity, it would be necessary to have additional information about the company's financial statements, investments, and any other relevant details regarding ownership stakes or capital contributions.
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Gfbhrfjugbcfvjgfbnkgfbjjff if fvhhhgfvvb
Answer:
I agree, I see the strength in your work
Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below. Indicate the missing amount for each letter. Assume in all cases that manufacturing overhead is applied on the basis of direct labor cost and the rate is the same.
Case A Case B Case C
Direct materials used $Manufacturing cost data for Orlando Company, which (a) $91,200 $69,000
Direct labor 52,200 143,800 Manufacturing cost data for Orlando Company, which (h)
Manufacturing overhead applied 42,804 Manufacturing cost data for Orlando Company, which (d) Manufacturing cost data for Orlando Company, which (i)
Total manufacturing costs 149,800 Manufacturing cost data for Orlando Company, which (e) 216,100
Work in process 1/1/14 Manufacturing cost data for Orlando Company, which (b) 21,300 18,400
Total cost of work in process 208,600 Manufacturing cost data for Orlando Company, which (f) Manufacturing cost data for Orlando Company, which (j)
Work in process 12/31/14 Manufacturing cost data for Orlando Company, which (c) 11,900 Manufacturing cost data for Orlando Company, which (k)
Cost of goods manufactured 193,500 Manufacturing cost data for Orlando Company, which (g) 232,600
Answer:
a= 54796
h= 80,824
d=117916
i=67915.68
e=$ 352196
b= 58,800
f= 373496
j= 234500
c= 15100
k= 1900
g=3721596
Explanation:
Orlando Company
Manufacturing Cost Data
Case A Case B Case C
Direct materials used (a) $91,200 $69,000
a=149,800 - 42,804- 52,200 54796
Direct labor 52,200 143,800 (h)
$69,000 +x+0.82h= 216100
1.82h= 216100-69000
h= 147100/1.82= 80,824 80,824
Manufacturing overhead applied 42,804 (d) (i)
d=82% of 143,800=117916 117916
i=82% of 80824 = 67915.68 67915.68
Total manufacturing costs 149,800 (e) 216,100
e=$91,200+ 143,800+ 117916 352196
Work in process 1/1/14 (b) 21,300 18,400
b=208,600- 149,800 58,800
Total cost of work in process 208,600 (f) (j)
f=352196+ 21,300 373496
j=216,100 + 18,400 234500
Work in process 12/31/14 (c) 11,900 (k)
c=208,600 - 193,500 15100
k=234500 -232,600 1900
Cost of goods manufactured 193,500 (g) 232,600
g=373496- 11,900 3721596
The formulas used are given below.
Total Manufacturing Cost = Direct Materials + Direct Labor + Factory Overheads
Total cost of work in process= Total manufacturing costs+ Opening Work in process
Cost of goods manufactured= Total cost of work in process - Closing Work in process
In each of these if two amounts are known we can find the third one.We can also do rearrange these to find the required amounts.The calculation of each of the missing amount has been done next to it.
what is the total value of items owned by a business called
Answer:
Explanation: assets
Answer:
This would be called total assets. Assets are property owned by a company that adds to a companies' net worth.
Explanation:
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The worst crash rate involving fatalities is in the age group of drivers ...
A. ages 21 to 25.
B. ages 19 years old and younger.
C. ages 75 and older.
Answer:
The age group with the most fatal crashes is drivers between the ages of 25 and 34. There are nearly 1,000 more deaths per year among 25- to 34-year-olds than drivers under 25.
The age group with the worst crash rate involving fatalities is generally the 19 years and younger group. This is largely due to factors like inexperience and risk-taking behavior. However, statistics can vary and elderly drivers can also have higher crash rates.
Explanation:Based on statistical data, the age group with the worst crash rate involving fatalities is typically B. ages 19 years old and younger. This is often due to a combination of inexperience, risk-taking behavior, and lack of maturity. However, it's important to note that numbers can vary slightly depending on the region and the specific year being considered. It's also worth mentioning that older drivers, specifically those ages 75 and older, can also have higher crash rates due to factors such as declining health conditions and slower reaction times.
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Which phrase best completes the diagram?
SOLE PROPRIETORSHIP
One owner
an
PARTNERSHIP
Several owners
O A. Unlimited liability
O B. Powerful shareholders
O c. Complex regulations
O D. Unlimited life span
THE ANSWER IS “UNLIMITED LIABILITY”
The phrase that best completes the diagram about SOLE PROPRIETORSHIP and PARTNERSHIP ownership is "Unlimited liability". The Option A is correct.
What is the unlimited liability of business owner?When one or more individuals are personally liable for their company's taxation and debts, this is known as unlimited liability. In this regard, it differs greatly from a limited liability company (LLC). The latter is intended to protect individual LLC members (partners or stakeholders) from risk.
As a result, if the company fails, is sued, or owes a debt, no single person's assets are affected. Business partners in a limited liability company or partnership are only liable for the amount of money they put into the company.
The owner of an unlimited liability company is inextricably linked to the business and personally liable for the company's liabilities. This also entitles them to the company's profits after taxes.
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Answer:
THE ANSWER IS “UNLIMITED LIABILITY”
Explanation:
Roy agrees to work as a financial advisor on a commission basis for Secure Investments, Inc., and signs an employment contract that includes an arbitration clause. A dispute arises over the amount of Roy's commission. Roy files a suit against Secure Investments, seeking $25,000 in unpaid commissions and $50,000 in other damages. Secure Investments insists that the parties submit the dispute to arbitration. On what Roy believes is insufficient evidence, the arbitrator awards Roy only $500 and issues a written opinion that includes an erroneous finding of fact and a mistaken conclusion of law. Can Roy successfully challenge this award in court
Answer:
Yes. Roy can successfully challenge this arbitration award in court.
Explanation:
According to the law, an arbitration clause is a part of the contract between Roy and Secure Investments, Inc. that deals with these parties' rights and options in the event of a legal dispute over their contract. Like in most arbitration clauses, Roy and Secure Investments, Inc. must have agreed not to sue each other but instead, to resolve their disputes through the arbitration process. But the res judicata effect produced through an arbitration can either be challenged and appealed against or enforced. Roy, depending on the merits of his case, can make a successful appeal against the arbitration award and not against the arbitration itself.
The relationship between the elasticity of product demand and the elasticity of demand for labor employed in its production is such that, other things being equal, the more elastic the demand for the product, the more elastic the demand for labor. the more elastic the demand for the product, the less elastic the demand for labor. the elasticity of product demand only affects the elasticity of labor demand when the product market is purely competitive. if product demand is perfectly elastic, labor demand will be perfectly inelastic.
The more elastic the demand for the product, the more elastic the demand for labor is the relationship between the elasticity of product demand and the elasticity of demand for labor employed.
What is the elasticity of demand?Elasticity of demand refers to the change in the demand of the product due to the change in the price level of the product. If the price of the product will increase then the demand will decrease and if price will decrease the demand will increase.
Thus, option A is correct.
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You are a newspaper publisher. You are in the middle of a one-year factory rental contract that requires you to pay $500,000 per month, and you have contractual salary obligations of $1,000,000 per month that you can’t get out of. You also have a marginal printing cost of $0.35 per paper as well as a marginal delivery cost of $0.10 per paper. Instructions: Enter your answers rounded to two decimal places.
a. If sales fall by 20 percent from 1,000,000 newspapers per month to 800,000 newspapers per month, what happens to the AFC per newspaper?
AFC per newspaper rises from $____ to $_____.
b. What happens to the MC per newspaper?
MC per newspaper does not change
c. What happens to the minimum amount that you must charge to break even?
it rises from $____ to $_____.
a. The AFC increases from $1.50 to $1.88 after the decrease in sales.
b. The Marginal Costs (MC) do not change.
C. It rises. The company needed to charge $1.85 per paper
How does one arrive these answers?The analysis of the answers go thus:
a. The average fixed cost (AFC) was $1.50, which equate the total fixed cost ($1.5 million) divide it by number of papers sold (1 million). By extension,
= $1,500,000/1,000,000).
Assume sales fall by 20% to 800,000 papers sold, the new AFC is $1.88.
= the total fixed cost divided by the new number of papers sold, = $1,500,000/800,000).
Thus, the AFC increases from $1.50 to $1.88 after the decrease in sales.
b. The marginal printing and marginal delivery costs are alike; as a result, marginal costs remains same.
c. To break even before the decline in sales, the company needed to charge enough to cover the AFC, $1.50, and the AVC, $0.35, which is the sum of the printing cost and delivery cost per paper. Thus, the company needed to charge $1.85 per paper. To break even after the decline in sales, the company needs to charge enough to cover the AFC, $1.88, and the AVC, $0.35, which is the sum of the printing cost and delivery cost per paper (note this does not change because the cost is per paper). Thus, the company needs to charge $2.23 per paper.
Therefore, the correct answer is as given above.
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10 roles of insurance in a business
Considering the benefits and importance of insurance, the ten roles of insurance in a business include "security and safety."
The other roles of insurance in a business are:Mitigation of riskProvision of insurance service by the insurance company Protection from unexpected lossesEase of getting loansProvision of social cooperationIt enhances saving habitsIt aids some contracts that require it.There are tax benefits.Promotion of trades and industry, etc.Hence, in this case, it is concluded that insurance plays various roles in business.
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What do financial planning skills ultimately enable an individual to do?
to prepare for the future
to process their tax returns
to stop spending
to become wealthier without saving money
Answer:
Its A
Explanation: I just did it lol
why profit maximization happens at the point where MR = MC, and not where MR is greater than MC. Refer to Figure 7.2. in the textbook. Should the 4th unit of output be sold?
Answer:
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A software company is weighing whether to release a new version of its software. The company can go ahead and release the version now and correct flaws with subsequent patches or upgrades, or it can wait until the new version is reasonably bug-free. This is an example of:
The given scenario is an example of vaporware.
What is Vaporware?This refers to the advertisement of software that is not yet available for purchase.
Hence, we can see that based on the decisions taken by the software company to release their product or to release the first version before releasing the others is an example of vaporware.
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The null and alternate hypotheses are:
H0 : μ1 = μ2
H1 : μ1 ≠ μ2
A random sample of 11 observations from one population revealed a sample mean of 23 and a sample standard deviation of 1.1. A random sample of 4 observations from another population revealed a sample mean of 24 and a sample standard deviation of 1.3.
At the 0.05 significance level, is there a difference between the population means?
a. State the decision rule. (Negative amounts should be indicated by a minus sign. Round your answer to 3 decimal places.)
b. Compute the pooled estimate of the population variance. (Round your answer to 3 decimal places.)
c. Compute the test statistic. (Negative amount should be indicated by a minus sign. Round your answer to 3 decimal places.)
d. State your decision about the null hypothesis.
multiple choice 1
Do not reject H0
Reject H0
e. The p-value is
multiple choice 2
between 0.1 and 0.2.
less than 0.001.
between 0.02 and 0.05.
between 0.001 and 0.01.
between 0.05 and 0.1.
a. The decision would be to reject null if p value < α
b. pooled estimate is = 1.320769
c. test statistic is -1.490
d. Do not reject H0
e. p value is 0.16
The hypothesis formulationThe decision rule is if to ≤ tc or if p value < α then we are to reject the null hypothesis.
b. the pooled estimate of the datathe level of significance = 0.05
degrees of freedom = n1 + n2 - 2
= 13
pooled estimate of variance
\(S^{2} _{p} =\frac{(n1-1)S^{2} _{1}+(n2-1)S^{2} _{2}}{(n1-1)(n2-1)}\)
= 1.320769
We have to solve for the test statistic
\(\frac{23 - 24}{1.320769/11+1.320769/4}\)
= -1.490
we have to use excel to find the pvalue
= p(t) > 1.490 = 2 x t dist (-1.49, 13, 1)
= 0.16
critical value = 2.160
the p value is greater than the alpha value, hence we would have to fail to reject the null hypothesis that we have from the calculation. There is insufficient data to supply this claim.
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When you introduce your product to a focus group or a small geographical location, which activity does it signify?
A.
market testing
B.
developing prototypes
C.
commercialization
D.
ideation techniques
E.
business analysis
Answer:
A
Explanation:
plato
On average, our representatives enroll one customer every 3 hours, while top performers make one sale per hour. How would you plan your workweek to maximize your earnings?*
Plan your workweek to maximize your earnings Identify peak sales hours, Set ambitious goals, Allocate more time during high-performance hours, Continuous improvement, Efficient time management, Develop strong customer relationships, and Continuous learning.
To maximize earnings in this scenario, it is important to strategically plan the workweek and focus on increasing the number of customer enrollments. Here is a potential plan to maximize earnings:
1. Identify peak sales hours: Analyze the data and determine the hours or time slots when sales are most likely to occur. This could be based on historical data or observations of customer behavior. Allocate more time during these peak hours to capitalize on potential sales opportunities.
2. Set ambitious goals: Aim to achieve or exceed the performance of top performers by setting ambitious sales goals. This mindset will drive motivation and focus throughout the workweek.
3. Allocate more time during high-performance hours: Dedicate a larger portion of the workweek to the hours when top performers make one sale per hour. By increasing the number of hours during these periods, there is a higher likelihood of securing more customer enrollments.
4. Continuous improvement: Regularly analyze and reflect on sales techniques and strategies. Identify areas for improvement and seek ways to refine your approach. This could involve studying successful sales tactics, attending sales training sessions, or seeking feedback from experienced colleagues or mentors.
5. Efficient time management: Optimize time management skills to ensure productivity during working hours. Eliminate distractions, prioritize tasks, and maintain a focused and organized work environment. This will help maximize the number of customer interactions and increase the chances of securing enrollments.
6. Develop strong customer relationships: Emphasize building rapport and establishing strong connections with potential customers. Focus on active listening, understanding their needs, and providing personalized solutions. By developing trust and fostering positive relationships, the likelihood of successful enrollments can increase.
7. Continuous learning: Stay updated on industry trends, product knowledge, and competitor offerings. This will enable you to effectively address customer inquiries, overcome objections, and provide value-added insights during sales interactions.
By implementing these strategies, planning the workweek to prioritize peak sales hours, setting ambitious goals, improving sales techniques, and managing time efficiently, you can increase the likelihood of maximizing earnings by securing a higher number of customer enrollments.
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Match each type of business writing to its target audience
Picture provided below (pls complete asap)
Matching each type of business writing to its target audience is as follows:
Business Writing Target AudienceMemo Employees
Email Both Groups
Proposal Buyers, Clients, or Investors
Presentation Buyers, Clients, or Investors
Newsletter Both Groups
What is business writing?Business writing is professional communication in an official setting.
Business writing is focused, clear, and concise and presents relevant information to the target audience.
Business communication includes proposals, reports, memos, emails, presentations, and notices.
Business writings achieve the following purposes:
To share informationTo build trust and brandTo promote products and services.Thus, we have matched the business writing to their target audience, aware that the audience determines the type of writing and tone.
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What is the best way to prevent the transmission of Hepatitis B?
Vaccination
Avoidance of situations where the virus could be present
Improper disposal of sharps
None of the above, because Hepatitis B is not a communicable
disease
Answer:
A! But in addition to vaccination, there are other simple ways to help stop the spread of hepatitis B:
Wash your hands thoroughly with soap and water after any potential exposure to blood
Use condoms with sexual partners
Avoid direct contact with blood and bodily fluids
Clean up blood spills with a fresh diluted bleach solution (mix 1 part bleach with 9 parts water)
Cover all cuts carefully
Avoid sharing sharp items such as razors, nail clippers, toothbrushes, and earrings or body rings
Discard sanitary napkins and tampons into plastic bags
Avoid illegal street drugs (injecting, inhaling, snorting, or popping pills)
Make sure new, sterile needles are used for ear or body piercing, tattoos, and acupuncture
Explanation:
How do I build a dropshipping website step-by-step. How to advertise the product. How to get sales. How to make millions.
Answer:
Complicated but here. Learning how to start a dropshipping business, like any type of venture, isn’t easy. Nevertheless, it’s a great first step into the world of entrepreneurship. You can sell to customers without holding any inventory. You don’t need to pay for products upfront. And if you’re serious about your new venture, you can build a sustainable source of income in the long run. how does the dropshipping model work? Dropshipping is an order-fulfillment method that lets store owners sell directly to consumers without stocking any inventory. When a customer purchases a product from a dropshipping store, a third-party supplier ships it directly to them. The customer pays the retail price you set, you pay the suppliers’ wholesale price, and the rest is profit. You never have to handle products or invest in inventory.
In order to sell products, you just need to register an account with a supplier.
Explanation:
goodluck again
A long-term incentive is a type of
incentive given to employees that
is designed to be paid over
or longer.??
Principles of Investment
Which characteristic is most imortant in determining an investment's level of risk
Answer:
demand for investments
Explanation:
1. Aflac Duck
O Trademark
O Patent
O Copyright
Fraud is encouraged when a notary does what?
Answer:
Overcharging for notary public services. Notarizing a document without the signer being in the notary's presence. Notarizing the notary's own signature. Issuing identification cards.
Explanation:
Excessive fees for notarial services, signing a document without the signer being present and notarizing it. the notary's signature is notarized. making identity cards available.
What is notary fraud?If a Notary Public violates the law while carrying out their responsibilities, they are held personally accountable. A Notary Public must post a bond in order to protect the injured party's right to recover up to $10,000. Despite this, the Notary Public is still personally responsible for any damages they may have caused, and they risk criminal prosecution as well as the revocation or suspension of their notary public commission.
A few examples of notary fraud include:
ignoring your documents' acknowledgmentcounterfeit stampsletting a signer sign a document without the presence of a notary publicA Notary Public who has been paid off to falsely recognize a document is the starting point of many fraud cases, particularly those involving real estate fraud. Due to the fact that practically all papers submitted in the county records require a notary stamp, this scenario occasionally occurs.
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Do you need a college degree to enter the military?
A. True
B. False
Answer:
B, false
Explanation:
You’ve just read the article about Macy’s and Nordstrom’s. Why do you think companies like Macy's have to move to an Omnichannel strategy for selling their products?
The companies like Macy have to move to an Omnichannel strategy for selling their products because in Omnichannel strategy, products are sold through several distribution channels.
What is a distribution channels?Distribution channel serves as the means by which companies make their products to be available to final consumer.
This channels encompass retailers as well as wholesaler, and in In omni channel, all the distribution channels are linked to each other.
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copyright law protects the expression of
Answer:
Copyright protection generally lasts for 70 years and protects the original expression of an idea, whether literary, artistic, commercial or otherwise. It is used to protect original works of authorship that are fixed in a tangible medium of expression.
Explanation:
Do interest rates matter for credit cards?
Credit cards can cost you money if you don't pay your bills on time because the interest rates charged by lending organisations have a significant negative influence on both your personal finances and credit score.
The best credit card APR is one that is around 10%, but you might need to visit your neighbourhood bank or credit union to discover one. An APR that is lower than the average would also be regarded favourably by the Federal Reserve, which monitors credit card interest rates. If you settle your bill in whole each month, APR is irrelevant. It doesn't matter whether your credit card has a 10 percent or 25 percent interest rate.
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During civil lawsuit, proceedings regarding alcohol, service courts will try to determine if the
During civil lawsuit proceedings regarding alcohol service, courts will try to determine if the designated driver was present and remained sober.
How do courts determine the presence and sobriety?During civil lawsuit proceedings involving alcohol service, courts aim to establish whether a designated driver was present and this determination is crucial in cases where establishments or individuals are being held accountable for over-serving alcohol to a patron who later caused harm or injury due to impaired driving.
The court may consider various forms of evidence such as witness testimonies, surveillance footage, receipts indicating non-alcoholic purchases or the designated driver's own account of their sobriety. It court may evaluate the credibility and reliability of the designated driver's actions and statements throughout the relevant time period.
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what are the rules of a male and a female at home?
Answer:
male is the protector female is a light for their house male is the foundation of there house they provide everything thats a male work female helping dou house hold things comport there husband understand.
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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