If a firm uses absorption costing, which of the following actions taken by management would increase gross profit even if sales do not increase .b) Increasing production and building up inventory.
What is absorption costing in management accounting?
A managerial accounting technique known as "absorption costing," also known as "full costing," is used to record all expenses related to producing a specific product. This strategy accounts for both direct and indirect costs, including direct materials, direct labor, rent, and insurance.
Absorption costing's key benefit is that it complies with GAAP and records profits more precisely than variable costing. In contrast to variable costing, which solely takes into account variable costs, absorption costing accounts for all production expenses.
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Federally-funded grants require the student to...
earn above average grades.
have a membership in a high school club.
perform volunteer work for a local community
agency.
have financial need only.
Answer:
Explanation:
have financial need only
Federally-funded grants typically require students to have financial need only, as they are designed to provide financial assistance to students who may not have the means to pay for their education. Therefore, option D is correct.
Federally-funded grants are financial assistance programs provided by the government to support students in pursuing their education. These grants are typically awarded based on financial need, considering factors such as income, family size, and assets.
They aim to ensure that students from low-income backgrounds have access to higher education opportunities. Unlike loans, grants do not need to be repaid, making them an attractive form of aid.
Federal grants include programs like the Pell Grant and the Federal Supplemental Educational Opportunity Grant (FSEOG), among others.
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Tamica doesn’t say because she lives with her parents and doesn’t think she needs any savings since they cover most of her bills which of the following is an argument against her thinking
Answer:
Savings prepare for emergencies
Explanation:
They really do
Savings prepare for emergencies.
How much should you have in your savings account for emergencies?Even as the scale of your emergency fund will vary relying on your lifestyle, costs, profits, and dependents, the rule of thumb is to put away a minimum of three monthly months' nicely really worth of expenses.
What should monthly you save monthly for a catastrophe?Some financial specialists advocate saving for three-6 months well well worth of residing fees, and even though that is without a doubt an intention month-to-month aspire month-to-month, constructing an emergency fund period of this value is a daunting challenge, and as an end result, lots of us throw in the month before even getting started out.
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on december 31, 2020, albacore company had 300,000 shares of common stock issued and outstanding. albacore issued a 10% stock dividend on june 30, 2021. on september 30, 2021, 12,000 shares of common stock were reacquired as treasury stock. what is the appropriate number of shares to be used in the basic earnings per share computation for 2021?
The value of Weighted Average Number of Shares is 257250 shares.
How to calculate shares to be used in the basic earnings per share computation for 2021?Shares are a corporation's fractional ownership interests. Shares are a particular kind of financial instrument that certain companies use to enable the fair distribution of any declared residual profits in the form of dividends. A stock with no dividend payments does not distribute its income to its shareholders.
Earnings for the year excluding preferred dividend are divided by the weighted average number of shares to arrive at basic earnings per share.
The weighted average share count is used to determine the basic earnings per share.
Given ,
Weighted Average Number of Diluted Shares = (300,000 x 6/12 ) + ( 300,000 x 105% x 3/12 ) + [ ( (300,000 x 105%) - 12,000) x 3/12 ) ]
Weighted Average Number of Shares = 150,000 + 78,750 + 28500
Weighted Average Number of Shares = 257250 shares
Therefore the Weighted Average Number of Shares is 257250 shares
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Problem 4. You are given that d(12)=0.06. You are to receive a payment of $100 in 18 months time and a payment of $700 in 36 months time. In return you are to make a payment of X in 54 months time and a payment of 6.5X in 120 months time, with X set so that the present value today of the payments you receive equals the present value of the payments you will make. Compute X.
The present value of the payments you receive is $380.68. The present value of the payments you will make is $393.31. Therefore, X is equal to $2.63.
The present value of a future payment is the amount of money that would be needed today, invested at a given interest rate, to have the same value as the future payment.
The discount rate in this problem is d(12) = 0.06, which means that the interest rate is 6% per year, compounded monthly.
The present value of the payments you receive is calculated as follows:
Present Value = (Payment 1)/(1 + d(12))^n + (Payment 2)/(1 + d(12))^m
where n is the number of months until the first payment is received, m is the number of months until the second payment is received, and d(12) is the discount rate.
Plugging in the values from the problem, we get the following:
Present Value =\((100)/(1 + 0.06/12)^{18} + (700)/(1 + 0.06/12)^{36}\)
= $380.68
The present value of the payments you will make is calculated as follows:
Present Value = (Payment 3)/(1 + d(12))^p + (Payment 4)/(1 + d(12))^q
where p is the number of months until the third payment is made, q is the number of months until the fourth payment is made, and d(12) is the discount rate.
Plugging in the values from the problem, we get the following:
Present Value = \((X)/(1 + 0.06/12)^{54} + (6.5X)/(1 + 0.06/12)^{120}\)
= $393.31
Setting the two present values equal to each other and solving for X, we get X = $2.63.
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The present value of the payments you receive is $380.68. The present value of the payments you will make is $393.31. Therefore, X is equal to $2.63.
The present value of a future payment is the amount of money that would be needed today, invested at a given interest rate, to have the same value as the future payment.
The discount rate in this problem is d(12) = 0.06, which means that the interest rate is 6% per year, compounded monthly.
The present value of the payments you receive is calculated as follows:
Present Value = (Payment 1)/(1 + d(12))^n + (Payment 2)/(1 + d(12))^m
where n is the number of months until the first payment is received, m is the number of months until the second payment is received, and d(12) is the discount rate.
Plugging in the values from the problem, we get the following:
Present Value = $380.68
The present value of the payments you will make is calculated as follows:
Present Value = (Payment 3)/(1 + d(12))^p + (Payment 4)/(1 + d(12))^q
where p is the number of months until the third payment is made, q is the number of months until the fourth payment is made, and d(12) is the discount rate.
Plugging in the values from the problem, we get the following:
Present Value = $393.31
Setting the two present values equal to each other and solving for X, we get X = $2.63.
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A company specializes in manufacturing internal combustion engines. Recently, this company has decided to create a division for the flexible fuel field. During this time, Beto, the HR manager, has been reviewing and updating job descriptions. With the knowledge that a new division of jobs will be created, what would be the appropriate course of action for Beto to take next
Answer:
Beto should consider preparing new job descriptions since new jobs will be created in the organization
Explanation:
In the given scenario the company that specialises on manufacturing internal combustion engines has now decided to go into a new production line - flexible fuel field.
Because the roles are now different from previous jobs in the company Beto will have to prepare new job descriptions to fit the new jobs roles.
It is the responsibility of human resources staff to continuously review job roles and make appropriate changes to job descriptions
Internet privacy has become a major issue. In fact, in Europe there are privacy laws to limit how much information websites can collect from users without their permission. The United States does not have comparable laws to protect consumer privacy on the Internet. Collecting this information is beneficial for firms because then they can tailor marketing messages that better fit its users' needs. These better marketing campaigns can provide them with a competitive advantage. Acme Corporation uses cookies and other devices to collect information. Its privacy policy explicitly informs users that it collects information. However, most people do not read through the policy. Lately, some consumers have complained because they are worried that their information could be compromised. They question the security of the site. Acme wants to restore confidence and prove that it has controls in place. Refer to Scenario 3.2. What type of environmental force does this issue involve?
a. Greyhound bus system
True or False
A Person who works full time for a power company in the energy cluster is considered a consultant.
Answer:
True
Explanation:
Answer:
False, i took the quiz and got 100% percent- k-12 7th grade career final exam
Explanation:
.. If two variables have a direct relationship on a graph, it indicates that
A. both variables are not related.
B. as one variable rises, the other variable falls.
C. both variables are moving in the same direction.
D. as one variable rises, the other variable is constant.
Answer:
Option C. Both variables are moving in the same direction.
Explanation:
The reason is that in the direct relationship, the variables move in the same direction which means if one of the variable increases then the other will also increase and vice versa. So the only option that satisfies this condition is option C.
Explain the stages of conducting population census
Answer: Hence, the census activities can be divided into three main stages: preliminary, data collection, and publishing results.
You're given a monthly budget of $400 for social media advertising. You want to set a daily budget for February to insure you don't overspend for the month. What is your daily budget? (It is not a leap year.)
Answer:
$14.28
Explanation:
you will have a couple of cents left over at the end because you cant evenly divide 400 by 28
The following figures are extracted from the accounts of Gordon Ltd, which is in the hardware business. 2019 2018
$ $
Revenue 9,544,000 7,664,000
Gross Profit 3,006,000 2,582,000
Operating profit 590,000 574,000
Total Asset 6,011,000 5,722,000
Calculate the following ratios for years 2019 and 2018 and comment on the profitability of Gordon Ltd. a) Gross Profit Margin b) Operating Profit Margin c) Return on Total Assets
a) The Gross profit margin for Gordon Ltd. decreased from 33.67% in 2018 to 31.48% in 2019.
b) The operating profit margin for Gordon Ltd. decreased from 7.49% in 2018 to 6.18% in 2019.
c) The return on total assets for Gordon Ltd. decreased from 10.03% in 2018 to 9.81% in 2019.
a) Gross Profit Margin: The Gross profit margin measures how much profit a company makes after accounting for the cost of goods sold. It indicates how efficiently a company can control its costs. The gross profit margin of Gordon Ltd. for 2019 and 2018 can be calculated as follows:
Formula to calculate Gross Profit Margin = Gross Profit / Revenue * 100
Gross Profit Margin for 2019 = 3,006,000 / 9,544,000 * 100 = 31.48%
Gross Profit Margin for 2018 = 2,582,000 / 7,664,000 * 100 = 33.67%
The Gross profit margin for Gordon Ltd. decreased from 33.67% in 2018 to 31.48% in 2019. This decrease is not favorable as it indicates that the company was less efficient in controlling its costs.
b) Operating Profit Margin: Operating profit margin measures the percentage of profit a company makes after paying all its operating expenses. It indicates how much revenue is available to cover the non-operating costs of the company such as taxes and interest. The operating profit margin of Gordon Ltd. for 2019 and 2018 can be calculated as follows:
Formula to calculate Operating Profit Margin = Operating Profit / Revenue * 100
Operating Profit Margin for 2019 = 590,000 / 9,544,000 * 100 = 6.18%
Operating Profit Margin for 2018 = 574,000 / 7,664,000 * 100 = 7.49%
The operating profit margin for Gordon Ltd. decreased from 7.49% in 2018 to 6.18% in 2019. This decrease is unfavorable as it indicates that the company had to incur more operating expenses in 2019 as compared to 2018.
c) Return on Total Assets: Return on Total Assets measures the efficiency of a company in using its assets to generate profits. It indicates how much profit a company is able to generate from every dollar of its assets. The return on total assets of Gordon Ltd. for 2019 and 2018 can be calculated as follows:
Formula to calculate Return on Total Assets = Operating Profit / Total Assets * 100
Return on Total Assets for 2019 = 590,000 / 6,011,000 * 100 = 9.81%
Return on Total Assets for 2018 = 574,000 / 5,722,000 * 100 = 10.03%
The return on total assets for Gordon Ltd. decreased from 10.03% in 2018 to 9.81% in 2019. This decrease is unfavorable as it indicates that the company was less efficient in generating profits from its assets.
Overall, the profitability of Gordon Ltd. decreased in 2019 as compared to 2018. The company was less efficient in controlling its costs and generating profits from its assets.
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rushing had net income of $174 million and average total assets of $1,890 million. its return on assets (roa) is:
Rushing's return on assets (ROA) is 9.2%
Net income of Rushing = $174 million
Average total assets of Rushing = $1,890 million.
A profitability ratio called return on assets (ROA) gauges the effectiveness with which a business turns its assets into earnings. When a business aims to boost its return on assets, it strives to boost its profit margin. ROA can be used by management, and investors to evaluate how well a business uses its resources to turn a profit. One may calculate a company's ROA by dividing its net income by all of its assets.
Calculating the return on assets -
Return on Assets = Net Income/Average Total Assets
Substituting the values -
= 174 million/1,890 million
= 0.092 or
= 9.2%
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The need for electrical craft workers
A. Is centered around Industrial electricians
B. Has peaked and will not need future workers
C. Continues to grow
D. Is limited to commercial electricians
The need for electrical craftworkers continues to grow. Option (c) is correct.
What do you mean by electrical craftworkers?An Electrical craftworker assists a skilled journey-level worker engaged in one of the electrical trades.
Electrical craft work involves the maintenance and construction of electrical systems for construction and facilities installation and maintenance of overhead or underground power distribution systems or shop repair activities. Apprentice training possibilities leading to craft perspectives are available in some departments.
Therefore, Option (c) is correct.
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What impact did the crash of South African Airways have on the economy and other airlines in the industry
The crash of South African Airways had a significant impact on both the economy and other airlines in the industry. Firstly, the crash resulted in the loss of lives, which was a great tragedy for the families and friends of the victims. This also led to a decline in tourism, as potential visitors may have been deterred by the incident.
Additionally, the crash resulted in financial losses for South African Airways, which is a major player in the industry. This, in turn, impacted the country's economy, as the airline contributes significantly to the nation's GDP. The airline had to ground several planes, leading to a reduction in the number of flights, which further affected the country's tourism industry. Other airlines in the industry also felt the impact of the crash. Some airlines reduced their prices to attract passengers who were previously using South African Airways.
This led to increased competition in the industry, which was detrimental to the airlines' profits. In conclusion, the crash of South African Airways had a significant impact on the economy and other airlines in the industry. The loss of lives, financial losses, reduced number of flights, and increased competition all contributed to the overall negative impact.
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money that has been spent and cannot be recovered is known as costs.
A sunk cost is money that has already been spent and cannot be recovered. In business, the axiom that one has to "spend money to make money" is reflected in the phenomenon of the sunk cost.
What is Sunk Cost?Sunk Costs are those costs that cannot be recovered by any means, i.e., money, once invested, is gone forever.
They should not be considered for making any future decisions like whether to continue the investment or not, as these costs cannot be recovered, and decisions should only be made based on relevant costs.
Sunk costs are considered fixed costs, but remember that all fixed costs are not considered sunk costs.
One simplest example of sunk cost is employees working on a probation period. You have paid a joining bonus to the probationer, but the results aren’t satisfactory, so you terminate the probation contract and fire the probationer from their job. The joining bonus is considered a sunk cost, as you won’t be seeing it again.
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Money that has been spent and cannot be recovered is known as sunk costs.
What is sunk costs?Sunk costs are sometimes called a retrospective cost, referring to an investment already incurred that can’t be recovered. Examples of sunk costs in business include marketing, research, new software installation or equipment, salaries and benefits, or facilities expenses. By comparison, opportunity costs are lost returns from resources that were invested elsewhere.
Economists suggest that, in theory, sunk costs are not relevant to future decision-making. In practice, however, sunk costs can and do significantly influence decisions about the future. This is largely because it’s psychologically challenging to let go of previously invested time, effort, or financial resources even if the outcome of those investments fails to meet expectations. A sunk cost refers to money that has already been spent and cannot be recovered.
A manufacturing firm, for example, may have a number of sunk costs, such as the cost of machinery, equipment, and the lease expense on the factory.
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Related Party Risk: Evaluate the related party situation for Kathmandu by analysing the information disclosed by the client. You should also conduct a reasonable search for potentially related parties that may not have been disclosed (incompleteness) by the client. Come to an evaluation of the situations in conformance with both Accounting Standards (NZ IAS) and expectations of Auditing Standards (ISA NZ), and make a recommendation to the engagement partner with respect to the Related Party Risk issue.
To evaluate related party risk for Kathmandu, analyze disclosed information and search for undisclosed related parties. Make recommendations in accordance with Accounting and Auditing Standards.
Evaluating related party risk for Kathmandu involves analyzing the disclosed information and conducting a reasonable search for undisclosed related parties. This evaluation should be done in accordance with Accounting Standards (NZ IAS) and expectations of Auditing Standards (ISA NZ).
Review the financial statements and accompanying notes for explicit disclosures of related party transactions. Analyze contracts, agreements, and other relevant documents to identify potential undisclosed related parties.
Assess the nature, extent, and financial implications of the related party transactions to determine if they have been appropriately accounted for and disclosed. Based on the evaluation, make recommendations to the engagement partner, which may include suggesting additional procedures or adjustments to address the related party risk issue.
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Which of the following is not a life role category?
O Risk Taker
O Worker
O Family Member
O Learner
Risk Taker is not a life role category.
A life role is a set of expectations, behaviors and attitudes that a society assigns to a person based on their gender, age, social status, race or other factors. For example, in many cultures women are expected to be loving, nurturing and care-givers, while men are expected to be strong, provider-types.
Life roles help to define how we see ourselves and how we are seen by others. They can be a source of satisfaction and fulfilment, but they can also be a source of stress and frustration if they do not fit with our own personal aspirations and identity.
Hence, the correct option is "First".
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One of the major differences between individual incentives and group incentives is thatindividual incentives are monetary whereas group incentives are non-monetary.group incentives place social pressure on group members whereas individual incentives do not.
Individual incentives are monetary and group incentives are non-monetary This statement is true about individual and group incentives. Here option B is the correct answer.
Individual incentives and group incentives are two different approaches to motivating individuals to achieve a particular goal or objective. Individual incentives are rewards that are offered to individuals based on their individual performance, while group incentives are rewards that are offered to a group of individuals based on their collective performance.
The major difference between individual and group incentives is that individual incentives are monetary, meaning they are given in the form of money, such as bonuses or commissions, whereas group incentives are non-monetary and can take many forms, such as recognition, trophies, or certificates.
Another difference is that group incentives place social pressure on group members, as the entire group's success is dependent on everyone's contribution, whereas individual incentives do not create such social pressure.
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Complete question:
Which of the following statements is true about individual and group incentives?
A) Individual incentives are non-monetary and group incentives are monetary.
B) Individual incentives are monetary and group incentives are non-monetary.
C) Both individual and group incentives are monetary.
D) Both individual and group incentives are non-monetary.
Estelle is a recent accounting graduate, and while she likes the idea raised by her fellow graduate Fernando to set up business in a partnership together, she has always wanted to go into business for herself. Before Estelle makes a decision, her instructor tells her it would be a good idea to consider the effect of different tax structures on each type of business, just in case she favors one situation more than the other. Compare and contrast how partnerships and sole proprietorships differ in terms of their tax requirements.
Sanjay was recently alerted to the fact that his business will be audited by the IRS. What are some possible causes for Sanjay’s business being selected for audit? What will this audit likely entail? How can Sanjay prepare?
After getting his first paycheck, Marlon is incredulous at the amount of money that goes to FICA. “Who in the world is FICA?” he asks his mother. How does she reply?
Eloise has exactly $300 to spend on an airline ticket. Assuming that she will need to pay the passenger ticket tax, the passenger facility charge, and the Sept. 11th fee, what is the maximum base ticket price Eloise can still afford to pay, knowing that she has all these additional fees and taxes to pay? Explain.
Sloan has always been pretty lax about preparing her taxes, and she doesn't pay too much attention to the rules. However, after taking a class on tax fraud, she is a bit concerned that some of the information in her past tax returns may be questionable. Sloan should only be worried about tax fraud if she’s made certain mistakes in the past. What kind of mistakes should Sloan be concerned about? Explain.
What gives commodity money its value? a government’s guarantee of its value the type of material with which it is made its rate of exchange in other countries the ability to trade it for a valuable good
Answer:
B. the type of material with which it is made
Explanation:
Money can be defined as any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.
Also, an exchange can be defined as the process of providing goods and services by an individual or organization, to meet the needs of customers in exchange for an amount of money.
Hence, the type of material with which money is made is what gives commodity money its value because it is based on the perception of the buyer and seller of goods and services. A commodity money simply refers to money that derives its value from the commodity with which it is created from. Some examples of commodity money are gold, diamonds, silver, cowry, cocoa, copper and other valuable resources.
Answer:
B is correct
Question 5 of 10
When gathering information, which of the following tasks might you need to
perform?
A. Apply standards, such as measures of quality, beauty, usefulness,
or ethics
B. Seek out ideas from others and share your own ideas
C. Study objects, conduct lijsts, research written materials, and ask
questions
D. Fill out forms, follow procedures, and apply math and science
SEN
Specialties in the property management field include all of the following EXCEPT A) resort housing. B) asset management. C) concierge services. D) land-use planning.
The answer choice which is not one of the specialties in the property management include:
C, Concierge servicesProperty managementProperty management refers to all the processes which are involved in the handling, the organization, the leasing and management of a piece of property, usually by a realtor.
Concierge servicesWith this in mind, we can see that concierge services includes the coordination of the guests in a lodging by making reservations and bookings and everything else which makes the customer service better and this is NOT a specialty in property management.
Therefore, the correct answer is option C
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Dana buys dress shirts from a clothing manufacturer for Z dollars each, and then sells the dress shirts in her retail clothing store at a 35% markup. The expression 1z 0. 35z or 1. 35z represents the retail price of each dress shirt. How much did she sell one shirt for if she bought it at $32 each.
Answer: the raphster says..
Explanation:
a. Because percents are the ratios of a given number to 100, you would divide 35 by 100, getting you a decimal of 0.35.
b. Now to get the total price. Because you are making it an ADDitional 35%, you would first say you have 100% of the original price, plus the extra 35%, getting a total of 135% the original. When divide by 100 the decimal form would be 1.35, which can then be plugged into an equation.
1.35s = retail price
c. Now that you have the equation, you just plug the given s value in.
1.35(32.00) = $43.20
d. You can now take the final price, and subtract the initial from it to find the change.
$43.20 - $32.00 = $11.20 added to the price
credit to the raphster
17. the way all jobs in modern society are connected to other jobs is called a. the money supply. b. division of labor. c. economic regulations.
Division of labor is the term used to describe the relationship between all employment in contemporary society.
In any economic system or organisation, the division of labour refers to the separation of tasks to allow participants to specialise. People, organisations, and nations are given or acquire specialised capabilities and either form alliances or engage in trade to benefit from one another's skills in addition to their own. Equipment, natural resources, and skills are all examples of specialised capabilities. Training, as well as combinations of these assets working together, is frequently crucial. For instance, just as an organisation can specialise by obtaining specialised equipment and recruiting or training expert operators, an individual can specialise by acquiring the tools and the skills necessary to use them effectively. Trade is prompted by the division of labour, which also gives rise to interdependence in the economy.
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you would like to contribute to a savings account over the next three years in order to accumulate enough money to take a trip to europe. assume an interest rate of 4%, compounded quarterly. how much will accumulate in three years by depositing $500 at the end of each of the next 12 quarters?
The amount after three years will be equal to $7513.
Compound Interest is the interest which is charged on an entity by any institution in which the amount received after one year becomes the principal amount for next year. We know that
Future amount = quarterly contribution x annuity factor
Now, the quarterly contribution is equal to $500, the total quarterly contributions is 3 x 4 = 12 periods, the interest rate is 4% compounded quarterly and the annuity factor is 4%, 12 periods = 15.026
Now, Future value = quarterly contribution x annuity factor
Future value = $500×15.026
Future value = $7513 which is the required amount.
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1} When making decisions regarding the use of resources, options NOT chosen are known as which of the following?
A} The economic allowance for the option chosen
B} The chosen option’s tangible adversary
C} The opportunity cost of the option chosen
D} The chosen option’s conscious rejection
Answer: The answer is C opportunity cost of the option chosen
Explanation:
Human want are numerous while the resources to satisfy them are limited in supply. Because of the scarcity of resources this informed the use of scale of preference to rank our want in their order of preference. Then arise the concept of opportunity cost ,opportunity cost is the value of benefit sacrifice in favour of an alternative course of action in the sense that the acceptance of one option will automatically lead to the rejection of the second option. It is the cost of doing anything that could have been obtained if that particular decisions has not been taken. The return forgone from its use is the opportunity cost.
when merchandise purchased on account is returned under the perpetual inventory system, the buyer would debit:
Answer:
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The interest rate a company pays on loans depends in part on
A. its current ratio, debt-asset ratio, and operating profit as a percentage of global sales revenues.
B. its credit rating and the length of the term of the loan (1-year versus 5-year versus 10-year)--the longer the payback period, the higher the interest rate.
C. its debt-equity ratio and interest coverage ratio in the prior year.
D. whether its credit rating is above or below a B rating--all loans made to companies with a B or lower rating are made at prime plus 3.5%, while loans to companies with a credit rating of B+ or above are made at prime plus 1.5% [prime is defined as the "base" or "lowest" interest rate that creditors charge very low-risk customers who put up 200% or more collateral]
E. the extent to which its default risk ratio is above/below 3.0.
The interest rate a company pays on loans depends in part on credit rating and the length of the term of the loan the longer the payback period, the higher the interest rate.
Option B is correct.
What does the term "interest rate" mean?An interest rate tells you how much borrowing costs and how much saving pays off. As a result, if you're a borrower, the interest rate is the percentage of the total loan amount that you pay to borrow money.
What kinds of interest rates exist?The three main types of interest rates are as follows: the effective rate, the real interest rate, and the nominal interest rate. The stated rate at which interest payments are calculated is what is referred to as the nominal interest on an investment or loan.
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6. Responsible for the production of finished products:
O A. Manufacturer
B. Distributor
O C. Driver
O D. Seller
Answer:
The answer is A. Manufactuer
Explanation:
The manufacturer makes the item.
The manufacturer is responsible for the production of finished products. Thus, option A is appropriate.
A manufacturer is a person or business that turns raw materials into finished products using a variety of tools, machinery, and procedures, and then sells those products to customers, retailers, wholesalers, distributors, or other manufacturers who can use them to make more complicated products.
A manufacturer is an individual or organization that converts raw materials into finished goods and sells them to customers using a variety of tools, machinery, and procedures.
One of the most important economic sectors is manufacturing. It creates products that people require to survive and provides for their comfort.
Thus, option A is appropriate.
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List the basic elements of business plan
Answer:
Company Description
Market Analysis
Competitive Analysis
Marketing Plan
Sales Strategy
Explanation:
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