The forcasted value 11 years from now is -4186.8 .
To forecast the value 11 years from now based on the given historical depreciation, we can calculate the average depreciation and subtract it from the last available data point.
Average depreciation = (404 + 434 + 359 + 477 + 420) / 5 = 418.8
Forecasted value = Last data point - (Average depreciation * Number of years)
= 420 - (418.8 * 11)
= 420 - 4606.8
= -4186.8
Based on the calculation, the forecasted value 11 years from now is approximately -4186.8.
However, it's important to note that forecasting future values based solely on historical depreciation is subject to limitations. It assumes that the trend observed in the historical data will continue in the future, which may not always be accurate.
Other factors and influences, such as market conditions, economic changes, and specific circumstances, should also be considered for more reliable and accurate forecasting.
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According to the speaker, what are the three traditional Gs of growth?
Answer:
Consistent, Competitive & Profitable.
Explanation:
correct on edge
The three traditional Gs of growth are Growth, Gratitude, and Giving
What is tradition?The standard of a piece of information being discussed is indicated by tradition. For instance, "Homer is said to have been born on the island of Chios, although many other places have historically claimed him as their own." It may never be possible to confirm or deny this custom.
Growth: In other words, if you develop your workforce, your business will do the same. Don't you make an effort to hire employees that are smarter than you Give them an opportunity to succeed while guiding them while they do so.tradition
Gratitude can take many different forms. Your customers conducting business with you, internal promotions, and improving someone. Investing in a better world and receiving assistance in whatever form are both aspects of gratitude.
Giving: is a straightforward conclusion; you give it your all without holding back. Giving is recognizing the need and taking action to provide assistance in any form that is practical. Giving ultimately causes the business world to whirl. If you do it, other people will too. That's how easy it is.
Therefore, Traditional Gs of growth are Growth, Gratitude, and Giving
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FILL IN THE BLANK. Electrical forces ____.
(static electricity)
a. can cause objects to only attract each other
b. can cause objects to only repel each other
c. can cause objects to attract or repel each other
d. have no effect on objects
Electrical forces can cause objects to attract or repel each other.
Option C is correct.
Electrical forces are one of the fundamental forces of nature that govern the behavior of electrically charged particles, such as protons and electrons. These forces arise due to the interaction between the electrically charged particles and are responsible for the attraction or repulsion of particles.
The strength of the electrical force is determined by the magnitude of the charge on the particles and the distance between them. Like charges (i.e., positive-positive or negative-negative) repel each other, while opposite charges (i.e., positive-negative) attract each other. The magnitude of the force decreases as the distance between the particles increases.
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What does statistically balanced refer to in regard to readability?
A. Leaving sufficient white space at the top and bottom of a document
B. Including data in tables rather than within paragraphs
C. Creating equal visual weight on the left and right sides of a document
D. Including numbers and data wherever possible
Statistically balanced in regard to readability refers to creating an equal visual weight on both sides of a document (option c).
This can be achieved through proper placement of text and images, as well as consistent use of font size and style. When a document is statistically balanced, it is easier for readers to scan and digest the information presented. This can be especially important in business and academic settings where complex data and ideas are being conveyed.
While other factors such as white space and use of tables may also contribute to readability, creating a visually balanced document is a key aspect of ensuring that readers are able to engage with and understand the information presented. The correct option is C.
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Managing negative feelings is__
a. A process
b. A hierarchy
c. An emotion
d. A deadline
Answer:
an emotion
Explanation:
process is the lead
hierarchy is increase
deadline is the date
Managing negative feelings is a process.The correct option is a.
It takes a variety of coping mechanisms and individualized approaches to effectively manage unpleasant emotions. It entails identifying and expressing negative emotions, comprehending their underlying causes, and implementing constructive coping strategies. This procedure might involve introspection, asking for help from others using relaxation techniques, exercising or getting professional assistance.
Individuals can improve their emotional resiliency, mental health and overall life satisfaction by actively addressing negative emotions. It is critical to understand that controlling unpleasant emotions is a continuous and dynamic process because feelings can change depending on the situation and one's experiences. Greater emotional intelligence and improved mental health can result from learning effective emotional management techniques.
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Select the correct answer. What are the definitive characteristics of SER demand? A. regular, high average spend B. seasonal, fickle, multi-faceted, increasingly global C. open to direct manipulation through promotions, high average spend D. irregular, low average spend
The definitive characteristics of SER demand are regularity and a high average spend. This means that customers who are part of SER demand exhibit a consistent pattern of purchasing behavior, and tend to spend more than the average customer. These customers are typically loyal to a particular brand or product, and are unlikely to switch to competitors unless there is a significant change in the product or service they are using.
Option B describes demand that is seasonal, fickle, multi-faceted, and increasingly global. This type of demand is characterized by fluctuations in purchasing behavior, and customers who may be more difficult to predict. They may be swayed by promotions or other external factors, and tend to have a wider range of preferences.
Option C suggests that SER demand can be manipulated through promotions, and also involves a high average spend. While promotions and other marketing tactics may be effective in influencing SER demand, it is important to note that these customers are already loyal to a particular brand or product.
Option D describes demand that is irregular and has a low average spend. This type of demand is characterized by customers who may make infrequent purchases, or who may spend less than the average customer.
In conclusion, the correct answer to this question is A, as regularity and a high average spend are the definitive characteristics of SER demand.
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6. He is not a skilled worker. He
doesn't ............... much.
win
gain
earn
pay
afford
Answer:
earn .
He is not a skilled worker. He doesn't earn much.
Explanation:
He doesn't earn much.....
5. Tim places an online order for a smartphone. Instead, he is shipped a dishwashing liquid from a brand named Bling by the seller. Tim posts this incident on a social networking site and it is soon picked up by the media. Richard, the sales manager of Bling, hears about this incident and plans to use it as an opportunity for creating brand awareness of Bling products. Accordingly, he makes arrangement to send Tim the smartphone that he had originally ordered along with two more bottles of Bling dishwashing liquid. When this news reaches the media, people applaud Bling's gesture and Richard achieves his goal of creating brand awareness. Which of the following plans did Richard use in the scenario? a. Financial plan b. Facilities plan c. Tactical plan d. Production plan 6. Which of the following scenarios illustrates concurrent control? a. Susan, the customer care manager in an amusement park, actively seeks feedback from visiting tourists. b. Jean, the manager in a restaurant, ensures that the vegetables used in cooking are organic. c. Rebecca, the supervisor in a toy factory, gives suggestions to workers when they look for new designs. d. Joshua, the stock manager in a steel factory, checks every evening whether adequate stocks are available for the next day's operations.
5. The plan Richard used in the scenario is a Tactical Plan.
Explanation: A tactical plan refers to a short-term plan of action designed to achieve specific objectives or goals. In this case, Richard, the sales manager of Bling, formulated a plan to address the incident where Tim received the wrong product. Instead of ignoring or simply rectifying the mistake, Richard saw an opportunity to create brand awareness for Bling products. By sending Tim the smartphone he originally ordered along with two additional bottles of Bling dishwashing liquid, Richard aimed to generate positive publicity and media attention for the brand. This tactical plan allowed Richard to leverage the incident to promote Bling and enhance its brand reputation.
6. The scenario that illustrates concurrent control is:
a. Susan, the customer care manager in an amusement park, actively seeks feedback from visiting tourists.
Explanation: Concurrent control refers to the process of monitoring and adjusting ongoing activities in real-time to ensure they align with established standards and objectives. In this scenario, Susan, the customer care manager, actively seeks feedback from visiting tourists. By proactively engaging with customers and gathering feedback, Susan can identify any issues or areas that need improvement during the amusement park visit. This enables her to make immediate adjustments and address concerns promptly, ensuring that the quality of service meets or exceeds customer expectations. Susan's active feedback-seeking behavior represents the practice of concurrent control, as she monitors and adjusts customer experiences in real-time to maintain high service standards.
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What are some benefits of paying taxes? Check all that apply.
ensuring that the needs of the nation are fulfilled
paying for public works such as highways and museums
reducing the amount of money consumers can spend
slowing growth in the economy
paying for government programs that help citizens
Answer:
A,B,E
Explanation:
got it right on test
Answer:
a b e
Explanation:
right on edge
How does the Fed’s decisions to increase or decrease discount rates or reserve requirements affect you as a consumer and potential borrower of money
The Federal Reserve's decisions to increase or decrease discount rates or reserve requirements can have a significant impact on consumers and potential borrowers.
When the Fed increases the discount rate, it makes borrowing more expensive for banks, which can lead to higher interest rates for consumers and businesses. This can discourage borrowing and reduce consumer spending, which can slow down economic growth. On the other hand, if the Fed lowers the discount rate, it can make borrowing cheaper and stimulate consumer spending and economic growth.
Changes in reserve requirements can also affect borrowing and lending activities. When the Fed increases reserve requirements, it reduces the amount of money that banks can lend, which can lead to higher interest rates and less borrowing. Conversely, when the Fed lowers reserve requirements, it increases the amount of money that banks can lend, which can lead to lower interest rates and more borrowing.
Overall, the Fed's decisions on discount rates and reserve requirements can impact the availability and cost of credit for consumers and Shareholder businesses, which can in turn affect spending, investment, and economic growth.
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Suppose that Roots' marginal cost of a jacket is a constant $100.00 and the total fixed cost at one of its stores is $1 comma 000 a day. This store sells 15 jackets a day, which is its profit-maximizing number of jackets. Then the stores nearby start to advertise their jackets. The Roots store now spends $2 comma 000 a day advertising its jackets, and its profit-maximizing number of jackets sold jumps to 55 a day. What is this store's average total cost of a jacket sold before the advertising begins and after the advertising begins. >>> Answer to 2 decimal places. Can you say what happens to the price of a Roots jacket, Roots' markup, and Roots' economy?
Answer:
What is this store's average total cost of a jacket sold before the advertising begins and after the advertising begins.
before advertising costs increase:
marginal cost is constant, so we can state that the total variable costs are $100 per jacket
total fixed costs = $1,000 per day / 15 jackets = $66.67 per jacket
average total cost per jacket before increasing advertising expense = $100 + $66.67 =) $166.67
after advertising costs increase:
total variable costs are $100 per jacket
total fixed costs = $2,000 per day / 55 jackets = $36.36 per jacket
average total cost per jacket after increasing advertising expense = $100 + $36.36 =) $136.36
Can you say what happens to the price of a Roots jacket, Roots' markup, and Roots' economy?
Roots is experiencing economies of scale since average total cost per jacket decreased as the total number of jackets sold increased. But in order to sell that new amount of jackets, their price probably decreased. If the price hadn't changed, then the profit maximizing number of jackets sold per day would be close to 30, but it clearly isn't. That means that the company's markup decreased, but the company is now better off since it is maximizing its profits even though its expenses increased and the markup decreased.
chokhani textiles is debating between a levered and an unlevered capital structure. the all-equity capital structure would consist of 60,000 shares of stock. the debt and equity option would consist of 45,000 shares of stock plus $250,000 of debt with an interest rate of 7.25 percent. what is the break-even level of earnings before interest and taxes between these two options? ignore taxes.
To determine the break-even level of earnings before interest and taxes (EBIT) between the all-equity and debt and equity options, we need to find the point where the two options result in the same earnings.
Let's calculate the break-even EBIT:
For the all-equity option:
EBIT - 0 (no interest expense) = Net Income
For the debt and equity option:
EBIT - Interest Expense = Net Income
Given that the debt is $250,000 and the interest rate is 7.25 percent, the interest expense can be calculated as follows:
Interest Expense = Debt × Interest Rate
Interest Expense = $250,000 × 0.0725
Interest Expense = $18,125
Now, we can set up the equation to find the break-even EBIT:
EBIT - 0 = EBIT - $18,125
Simplifying the equation, we find:
18,125 = EBIT - EBIT
18,125 = 0
Since there is no valid solution for the equation, it indicates that there is no break-even point between the two options. The break-even point occurs when the two options have the same net income, but in this case, it is not possible to achieve equality between the net incomes.
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what is used as a set of standard in measurement?
Explanation:
A unit of measurement is a definite magnitude of a quantity, defined and adopted by convention or by law, that is used as a standard for measurement of the same kind of quantity. ... Now there is a global standard, the International System of Units (SI), the modern form of the metric system.
While reviewing, you noticed an error in Alex's pricing analysis that may result in discrepancies between stated costs to customer and actual costs that customers will be charged. How would you address the error in the pricing analysis
The error in the pricing analysis can be conducted by escalating the team lead, meeting with Alex one-on-one, and work through it together, and emailing a document that contains steps for conducting the pricing analysis.
What do you mean by price analysis?Price analysis refers to the study of prices of products or services on the market to improve the profitability of e-commerce itself.
The error in the pricing analysis can be conducted by meeting with Alex one-on-one and working together.
Therefore, the error can be addressed in this manner.
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Would you consider VFITX to be a good investment choice? why or why not.
A moderate and sustainable amount of current income is the goal of the investment. The fund makes at least 80% of its investment in U.S. Treasury securities, which include Treasury bills, bonds, and notes.
What are Treasury bills?Having a maturity of one year or less, a Treasury Bill (T-Bill) is a short-term obligation of the United States government backed by the Treasury Department.
Typically, $1,000 bills are available for purchase from the Treasury. However, some can place non-competitive bids up to a maximum denomination of $5 million. These securities are frequently viewed as safe and low-risk investment options.
T-Bills are sold by the Treasury Department in auctions that feature both competitive and non-competitive bidding. The price of a noncompetitive bid, sometimes referred to as a noncompetitive tender, is determined by averaging all the competitive offers that were received.
The tangible net worth of T-Bills is typically very high. T-bills are issued by the U.S. government to pay for a range of public works initiatives, including the building of roads and schools.
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The Galindo family plans to start a small business in our neighborhood. The father
borrows $10,000 from the bank at an annual interest rate of 7.5% rate for 42
months. What is the amount of interest he will pay on this loan?
$26.25
$26,250
$262,500
$2,625
Answer:
$2,625
Explanation:
Interest is calculated using the formula
I = p x r x t
For Galindo family
I= interest,
P = principal amount : $10,000
r= Interest rate: 7.5 % or 0.075
t= times in years : 3.5 years( 42 months /12)
I= $10,000 x 0.075 x 3.5
I=750 x 3.5
I=$2,625
how
could a committee ensure the success of a employee program that was
developed & implemented that encompassed motivation
andempowerment?
To ensure the success of an employee program that was developed and implemented that encompassed motivation and empowerment, the committee could take the following steps:
1. Set clear and achievable goals and objectives: To ensure the success of the employee program, the committee should set clear and achievable goals and objectives that align with the organization's vision, mission, and values. These goals and objectives should be specific, measurable, achievable, relevant, and time-bound.
2. Involve employees in the program development and implementation: Employees should be involved in the program development and implementation process. They should be given an opportunity to provide feedback on the program, offer suggestions, and make recommendations. This will help to create a sense of ownership and commitment towards the program.
3. Provide adequate resources: The committee should ensure that the necessary resources, including funds, technology, and equipment, are available to implement the program successfully.
4. Communicate effectively: The committee should communicate the program's purpose, goals, and objectives clearly to all employees. This will help employees understand the program's importance and how it will benefit them.
5. Provide necessary training and development: The committee should provide necessary training and development to employees to ensure they have the skills and knowledge required to participate in the program successfully.
6. Monitor and evaluate the program: The committee should regularly monitor and evaluate the program to ensure it is achieving its goals and objectives. This will help identify areas that need improvement and allow for adjustments to be made as necessary.
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Jerome knew it was wrong for his company to continue ignoring environmental standards set down by the state. Jerome is able to determine this based on:.
Answer:
His impact on the environment. What other say about his company
Explanation:
Which information would most likely cause a company's stock price to go up?
Answer:
The company releases an innovative car with unique features
Explanation:
im on od plz hurry
Background info-----You're a member of a small group that has been working on an important company project for the last year, and you have been assigned to give the final presentation. You really do not like giving presentations because of your stage fright, but you agree to make the visual aids and write a script for another group member who does not mind giving the actual talk.
Directions-----Write a five-minute presentation speech using the techniques and strategies you have learned, and make some visual aids to accompany the talk. You can make a PowerPoint or some charts or drawings, but whatever you do, make sure it follows the guidelines you have learned. Make sure that you can digitize your work so that you can send it to your other group members and to your teacher.
Answer:
this is my 5 minute presentation
Explanation:
i have learned how to communicate and how to better my self when working as a team when i am team leader it seams easier for me to controll my team because i do not boss them around harshly if they start to get verry wore out i also give them a talk to boost their motivation to get the job done quicker i feel like when i am out in the real world it will be a lot easier to lead a team the right way and get everything done with all the knolage i have recived i know if im messing around then the rest of my team is going to be messing around in order for my team to act right i have to act right so my team will follow all orders and commands when givin and they will not have any problem with these orders
Prompt What is an economy?
Answer:
An economy is the large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated.
Davidson company has sales of $100,000, variable cost of goods sold of $40,000, variable selling expenses of $15,000, variable administrative expenses of $5,000, fixed selling expenses of $7,000, and fixed administrative expenses of $9,000. What is davidson’s contribution margin?.
Davidson’s contribution margin for the sale of goods would be : $40,000
What is contribution margin?Contribution margin is a business' sales revenue less its variable costs. The resulting contribution margin can be used to cover its fixed.
Contribution margin is computed as:
= Sales - Total variable cost(Variable cost of goods sold + Variable selling expenses + Variable administrative expenses)
= $100,000 - ($40,000 + $15,000 + $5,000)
= $100,000 - $60,000
= $40,000
Therefore, Davidson’s contribution margin for the sale of goods would be $40,000
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what type of federal funding is free money but is based on financial need only?
Answer:
Explanation:
Answer:
parks and recreation? brainliest?
Explanation:
Johnson Corporation had beginning imventory of $20,000 at cost and $35,000 at retail. During the year, it made net purchases of $180,000 at cost and $322,000 at retall. Johnson made sales of $300,000. Assuming a price index of 100 at the beginning of the year and 110 at the end of the year, compute Johnson's ending inventory at cost using the dollar-value Lifo retail method. Round cost index computations to four decimal places, other intermediate calculations to two decimal piaces and the final answer to the nearest whole doliar. Feedtach 7 Cieck My woik When prices change during a period, a company can combine the principles of the retail Lifo method with the dollar-yalue LIFO method to eliminate the effects of this price change. This combination is called the dollar-value LIFO retall method.
The nearest whole dollar, Johnson Corporation's ending inventory at cost using the dollar-value LIFO retail method is $55,012.
To compute Johnson Corporation's ending inventory at cost using the dollar-value LIFO retail method, we need to follow these steps:
1. Calculate the cost index at the beginning and end of the year: - Beginning cost index = Cost of beginning inventory / Retail value of beginning inventory = $20,000 / $35,000 = 0.5714 - Ending cost index = Cost of beginning inventory / Retail value of beginning inventory = 0.5714 * (110/100) = 0.6286
2. Calculate the total retail value of the net purchases: - Total retail value of net purchases = Net purchases at retail - Sales = $322,000 - $300,000 = $22,000
3. Determine the cost value of the net purchases: - Cost value of the net purchases = Total retail value of net purchases / Ending cost index = $22,000 / 0.6286 = $35,011.65
4. Calculate the ending inventory at cost: - Ending inventory at cost = Cost of beginning inventory + Cost value of net purchases = $20,000 + $35,011.65 = $55,011.65
The nearest whole dollar, Johnson Corporation's ending inventory at cost using the dollar-value LIFO retail method is $55,012.
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. Suppose the market for personal computers in country A is monopolistically competitive. Country A exports as well as imports personal computers from the rest of the world. After full adjustment to the opening of trade, a firm in this industry which enjoys scale economies will: A. receive a higher price for its product. B. receive a lower price for its product. C. enjoy a greater market share. D. ultimately go out of business. __________ 16. The clustering of
Answer: B. receive a lower price for its product
Explanation:
Monopolistic competition is a market structure whereby the elements of both monopoly and competitive markets are combined. In such market structure, there are many producers in the market but they're selling differentiated products.
In this case, due to the fact that there's freedom of entry and exit, there'll be more firms coming into the market due to the supernormal profit which is made at first but in the long run, a lower price will be received for goods and services as there are many sellers in the market. Therefore, a normal profit will be made.
how does marmite use product differentiation
Marmite use product differentiation as viewed as having unique features, such as Marmite or the iPhone. It frequently referred to as a differentiator.
What do you mean by the product differentiation?
The feature or features that set your product or service apart from the competition for your target market are known as product differentiation.
It improves brand loyalty, sales, and growth by highlighting the differences between what you sell and what your rivals provide. These comprise vertical differentiation, mixed differentiation, and horizontal differentiation.
In the financial situation of today, product differentiation is crucial. It enables the seller to highlight the distinctive qualities that make their product outstanding by drawing comparisons between their own product and those of the market's rival products.
Therefore, Marmite use product differentiation as viewed as having unique features, such as Marmite or the iPhone. It frequently referred to as a differentiator.
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1. Reference groups are more influential than personal values in consumer purchase decision
Select one:
a. True
b. False
The statement cannot be categorically labeled as true or false.
"reference groups are more influential than personal values in consumer purchase decision" is subjective and can vary depending on the individual and the specific purchase decision.
it is not universally true or false for all consumers.
while reference groups, which include family, friends, colleagues, and social or cultural groups, can have a significant impact on consumer behavior and influence purchase decisions through social influence and conformity, personal values also play a crucial role. personal values reflect an individual's beliefs, principles, and priorities, and they can influence consumer behavior by guiding choices that align with one's values.
ultimately, the influence of reference groups and personal values can vary among individuals and situations. some consumers may be more influenced by reference groups, while others may prioritize their personal values in their purchase decisions.
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what is the meaning of cheque stub
Answer:
A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount. ... A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount.
Delectable, Inc.'s unadjusted trial balance includes Accounts Receivable of $10,000; Allowance for Doubtful Accounts of $50 credit balance; and Sales Revenue of $100,000 (all on credit). Management estimates that 2% of credit sales will be uncollectible. Delectable's financial statements will show ______. (Check all that apply.)
Delectable's financial statements will show Allowance for Doubtful Accounts of $1,000 on balance sheet and Bad debts expense of $950 on Income statement
Here, we are to determine the records of bad debts expenses on Income statement and Allowance for doubtful accounts on Balance sheet.
Bad debts expense = Estimated bad debts - credit balance in allowance account
Bad debts expense = $1,000 - $50
Bad debts expense = $950
Journal Entry
General journal Debit Credit
Bad debts expense $950
Allowance for Doubtful accounts $950
(Bad debts expense recorded)
The allowance for doubtful account will be $1,000. ($950+$10) because the Allowance for Doubtful Accounts had $50 credit balance.
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1. You are enployed as a sales associate in a clothing store that has a frequent shopper
reward program For example, for every $100 spent, customers eam 10 points. When
they reach 1000 points they eam a $10 reward certificate. A friend who is not registered
in the frequent shopper reward program wants you to accept a $25 off certificate as
payment for a shirt. The prograny's guidelines state that points are not transferable and
they can only be used by a member. What will you do?
Answer:
dwddddd
Explanation:
Companies that are employee-owned are commonly thought to be more profitable than are publicly-owned companies or companies with a single owner. If employees have a financial stake in the company, it is in their interest to work harder. If profit goes primarily to stockholders or a small group of owners, employees have less incentive to work hard. Yet, in a comparison of airline companies, Wingspan Airlines, which is entirely employee-owned, has recorded losses for the previous three quarters, whereas Longflite Airlines, which is owned by billionaire Martin Pearson, has recorded record profits for the previous three quarters.Which of the following, if true, best supports the conclusion that employee-owned companies are more profitable than are non-employee-owned companies?A. Wingspan Airlines has recently initiated routes to New Zealand, Australia, and Tahiti.B. Longflite Airlines has been owned by Martin Pearson for only six months.C. A cosmetics company that is entirely employee-owned has, in the last year, increased its market share by 18 percent.D. Profits recorded by Longflite Airlines include profits earned by a subsidiary that manufactures airplane parts, and because of a nationwide drop in airplane travel, all airline companies have chosen to repair their older planes rather than spend dwindling revenues on new planes.E. The employees of Wingspan Airlines voluntarily took pay cuts to give the company a chance to recover, and the employees of Longflite recently went on strike to protest poor working conditions.
Answer:
D. Profits recorded by Longflite Airlines include profits earned by a subsidiary that manufactures airplane parts, and because of a nationwide drop in airplane travel, all airline companies have chosen to repair their older planes rather than spend dwindling revenues on new planes.
Explanation:
In the given instance it is stated that Wingspan Airlines, which is entirely employee-owned, has recorded losses for the previous three quarters, whereas Longflite Airlines, which is owned by billionaire Martin Pearson, has recorded record profits for the previous three quarters.
This is in conflict with the fact that employee-owned are commonly thought to be more profitable than are publicly-owned companies or companies with a single owner.
The option that justifies this in the given instance is if every company is suffering and making losses but Longflite Airlines (which is owned by billionaire Martin Pearson) is making profit from a subsidiary that manufactures plane parts.
This will give Long life Airlines a clear advantage over other companies including the employee owned Wingspan Airlines.