Answer:
Conceptual skills
Explanation:
Conceptual skills are inmate skills that enables one to have an understanding of complex problems or situations and also able to proper solutions to them in a creative manner. It is a skill that enables one to think creatively and proffer solutions to problems in a dynamic way.
When difficult situations arises, conceptual skills creates an initiative approach to those scenarios with a view to solving them hence needed by individuals and managers to effectively guide a business.
As in the above scenario, Randy was able to discover that poor attitude was actually the cause of poor sales among the employees due to the conceptual skill he possesed.
The stage in the product life cycle when competitors enter the market is known as the _____ stage. Select one: a. Maturity b. Growth c. Introduction d. Decline e. Downsizing
Answer: Growth stage
Explanation:
The growth stage is the period in the product life cycle during which the product has started to eventually and increasingly gains the acceptance among consumers, industry, and also the wider general public.
During this stage, the innovation or the product becomes accepted in the market, and hence, the sales and the revenues start to increase. At this stage, competitors start entering the market.
Answer:
The answer is B.
Explanation:
The life cycle of a product has 5 stages. The first stage, which is introduction, consist of things such as the point of entry to the market, low number of customers. The second stage, growth stage, is where the product sales start to increase and more companies start production and enter the market. In the maturity stage, sales numbers reach their highest point and after that they begin to decrease along with the number of customers, towards decline.
So the answer is option B, growth.
I hope this answer helps.
Review your states guidelines and regulations pertaining consumer loans and credit. And a 500 word report, describe how they compare to the federal laws. Tennessee.
Answer:
Texas state laws are highly concerned with third-party collection agencies hassling consumers. State laws require that debt collectors prove they are bonded and licensed to collect delinquent funds. A debt collector must validate or prove it is the legitimate owner of a debt and provide the consumer with specific information about the debt. The Texas finance code states that collection agencies must tell you the name of the original creditor, the original date of default or non-payment, the date the debt was transferred from the original creditor to the third-party debt collector, and the original balance and current balance. If the debt collector refuses to provide the information, state law views it as an admission of inaccurate debt collection. The consumer then has the right to have all debt collection efforts stop and to have the debt permanently removed from any consumer credit reports. The debt collector must be bonded in the state of Texas and have legal authority to collect fees, interest, and expenses. Texas offers programs to monitor credit reports, help repair credit history, and make payment plans.
While federal credit and loan laws are more concerned with fair and accurate business practices, Texas state law is more concerned about debt collection by third parties and repairing credit history. It indicates that when it comes to credit and loans, the biggest problems Texans experience are high debt, debt collections, and poor credit ratings. Texas is less concerned with fair credit practices by creditors and more concerned with how to keep its consumers from defaulting on loans. They also seem to be concerned with fraudulent collection agencies going after consumers and with false financial information being placed on consumer credit reports. The Fair Credit Reporting Act tells consumers to alert CRAs to investigate disputed claims, and the CRAs then have 30 days to investigate a claim and determine if it is inaccurate, incomplete, or unverifiable. In Texas, the state advises consumers to contact the collection agency and request information to validate the collection. Texas gives the collection agency 30 days to respond. If the collector doesn’t respond, the case must be removed, if the agency does respond, the debt is considered legitimate. The state does not refer to CRAs at all.
The state’s website does address identity theft, which can lead to fraudulent use of credit. Texas recommends its citizens invest in an identity protection plan for $10 a month. It also encourages people to invest in a credit report service for $14.95 a month. The Fair and Accurate Credit Transactions Act advises people that they have the right to access three free credit reports a year. The act also states that consumers have the right to have their account flagged by CRAs in the event of identity theft. Texas does not mention any of these rights and services. However, the state provides a lot of links and pages advertising businesses that consumers can pay to help them with credit history and identity theft. The state does not alert people to any free rights and services guaranteed by federal law.
Explanation:
PLATO
why do I have to pay
Answer:
Pay for what?
Explanation:
Most things require you to pay a fee.
The petty cash fund has a current balance of $ 350, which is the established fund balance. Based on activity in the fund, it is determined that the balance needs to be changed to $ 450. Which journal entry is needed to make this change?
Answer:
Debit the petty cash account and credit the cash account with $100
Explanation:
Businesses sets aside small amount of money(cash) to cover recurring expenses such as postage stamp, delivery charges, fares etc. This is usually done through the setting up of petty cash fund. The purpose of petty cash fund is to make provision for re-imbursement of minor expenses where there are no alternatives.
With regards to the above, the journal entries would be Debit petty cash account and Credit cash account with $100.
Answer:
Debit Petty Cash, credit cash for $100
Explanation:
To increase the petty cash fund, you must increase its normal balance which is a debit.
you are actually cashing a check for $100 (hence, credit to cash account) and actually putting more cash into your petty cash account.
Sasha buys a warm soda and a slice of cold pizza. The marginal utility from a soda is 40, and the price of the soda is $1. The marginal utility from a slice of pizza is 80. Since Sasha always chooses the utility-maximizing choice, we know the price of a slice of pizza must be:
A) $0.50.
B) $1.
C) $20.
D) $2.
SIROM Scientific Solutions has $10 million of outstanding equity and $5 million of bank debt. The bank debt costs 5% per year. The estimated equity beta is 2. If the market risk premium is 9% and the risk-free rate is 3%, compute the weighted average cost of capital if the firm's tax rate is 30%.
Answer:
The weighted average cost of capital is 15.167%
Explanation:
In this question, we are interested in calculating the weighted average cost of capital of the firm.
Weighted average cost of capital = (Weight of debt * cost of debt) + (weight of equity * cost of equity)
Firstly, we shall be calculating the cost of equity.
Mathematically,
cost of equity = Risk free rate + (beta * market risk premium)
From the question, the risk free rate is 3% , equity beta is 2 and the market risk premium is 9%
Inputing these values;
Cost of equity = 3% + (2 * 9%) = 3% + 18% = 21%
Now, we proceed to calculate the after tax cost of debt
Mathematically, after tax cost of debt = Cost of debt ( 1- Tax rate)
From the question, cost of debt = 5%
Tax rate = 30% = 30/100 = 0.3
Plugging these values
After tax cost of debt = 5(1-0.3) = 5(0.7) = 3.5%
Weight of debt = bank debt/(outstanding equity + bank debt) = 5/(5+10) = 5/15
Weight of equity = outstanding equity/(bank debt + outstanding equity) = 10/(5+10) = 10/15
Now, plugging these values into the weighted average cost of capital formula, we have;
(5/15 * 3.5) + (10/15 * 21) = 1.167 + 14 = 15.167%
Akwamba made this statement ‘organisations cannot be successful if managers fail to pay attention to the forces in the external environment'. Do you agree or not? Justify using practical examples (9 marks)
Answer:
Yes, I agree
Explanation:
As managers in an organization, proper attention must be paid to the forces in the external environment because these forces are dynamic and business cannot exist without them hence must align with these changes inorder to be successful.
Some of theses forces have direct impact with an organization such as customer's reaction to a company's product, how well the company stays ahead of it's competitors , suppliers and creditors. External forces in the environment that have indirect impact to a company are compliance with local laws, socio cultural forces, religion etc.
Practical examples
• Customer's reaction to a product speaks to what measures are taken by a company to improving the quality of products produced and sold. Favourable reaction would make the company succeed while unfavourable reaction could mar the company's performance.
• Level of compliance with local laws is also an important force in the external environment that must be adhered to. If a company must succeed, it must comply with local laws and order, failure to do so could result to fine or expulsion from the community.
The U.S. is going through a period of economic difficulty; many people are out of work and buying has decreased dramatically. Place a checkmark next to each strategy the Fed might use to help stimulate the economy. The Fed increases the discount rate. The Fed decreases the discount rate. The Fed encourages government spending and lowering taxes. The Fed follows a tight monetary policy. The Fed follows an easy monetary policy. The Fed discourages spending.
Answer:
• The Fed decreases the discount rate
•The Fed encourages government spending and lowering taxes
•The Fed follows an easy monetary policy
Explanation:
The Fed uses the following to stimulate an economy;
• The Fed decreases the discount rate. Discount rate is a measurement of credit conditions in an economy. If the Fed decreases the discount rate, the excess reserves of the commercial banks with the regulatory agency increases hence enable them to charge lower rates on loan given to people which also expands money supply.
•The Fed encourages government spending and lowering taxes. When government spends, such will stimulate the demand for goods and services, which will bring about employment and increase output. Lowering taxes will enable people have higher disposable income which will enable them to spend more.
•The Fed allows an easy monetary policy. Monetary policy is a policy used by the government of a country to control the supply of money in an economy. To stimulate growth in an economy, the Fed allows an easy monetary policy thereby increasing the volume of money in circulation. Tools of monetary policies are Open market operation, bank reserve requirements, lending directly to banks etc.
You can buy life insurance for anyone. True or false
Answer:
False
Explanation:
Answer: False
Explanation:
The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. Costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. The equivalent units of production (EUP) for the period were 9,000 for direct materials and 6,000 for conversion. The costs per EUP were:
Answer:
$2 ; $20
Explanation:
Given the following :
Beginning work in process:
Direct material = $3000
Direct labor = $10,000
Factory overhead = $10,000
Cost incurred:
Direct material cost =$15,000
Conversion cost =$100,000
Equivalent unit of production:
Direct material = 9000
Conversion = 6000
Cost per equivalent unit of production :
Direct material:
(Beginning work in process + cost incurred) / EUP direct material
$(3000 + 15,000) / 9000
$18,000 / 9000 = $2 per EUP
CONVERSION:
(Direct labor + direct overhead) in beginning WIP
$(10,000 + 10,000) = $20,000
Conversion cost incurred = $100,000
$(100,000 + 20,000) / EUP conversion
$120,000 / 6000 = $20 EUP
Answer:
The costs per EUP for direct materials = $2 per EUP
The costs per EUP for conversion cost = $20 per EUP
Explanation:
The total cost for direct materials is sum of the cost for direct materials at the beginning of the work and the cost for direct materials incurred during the period.
total cost for direct materials = $3000 + $15000 = $18000
The costs per EUP for direct materials = total cost for direct materials / equivalent units of production (EUP) for direct materials = $18000 / 9000 = $2 per EUP
The total conversion cost for is sum of the conversion cost at the beginning of the work and the conversion cost incurred during the period.
Conversion cost at the beginning of the work = direct labor costs + factory overhead costs = $10000 + $10000 = $20000
Total conversion cost = $20000 + $100000 = $120000
The costs per EUP for conversion cost = Total conversion cost / equivalent units of production (EUP) for conversion = $120000 / 6000 = $20 per EUP
At the end of the current year, $59,500 of fees have been earned but have not been billed to clients. Required: A. Journalize the adjusting entry to record the accrued fees on December 31. Refer to the Chart of Accounts for exact wording of account titles. B. If the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary?
Answer:
$59,500
Explanation:
Following are the table of the given question of adjusting entry .
Date Particular Debit Credit
December 31 Receivable amount $59,500
December 31 Fess earned $59,500
B
No in the cash-based accounting the adjustment is not recording as the fees earned .When the respective entry is in cash entry we will never be recorded in the adjustment entrySmart phones are very expensive. You can purchase a protection plan that lets you risk with the phone carrier. Choosing to buy a case for your phone and being careful are ways to risk.
Answer:
share risk
reduce risk
Explanation:
just did edge
Smartphones are now almost inextricably linked to everyday modern life, serving as both a consumer and a corporate tool.
Smart phones are very expensive. You can purchase a protection plan that let's you share risk with phone carrier. Choosing to buy a case for your phone and being careful are ways to reduce risk.If you have ever lost your grasp on your gadget and watched helplessly as it crashed to the ground, you know how crucial it is to keep it safe.
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What are two ways people can find money to save?
Answer:
By Increasing the income or by lowering the expenditure.
Explanation:
By increasing income means that the person must invest the money which would result in increase in the annual income. This increase in annual Income would help you to save more.
The second method is by decreasing the expenditure which are not necessary or are associated with luxury lifestyle. If the person has lowered its expenses then he has started saving more and this money he or she can use elsewhere which as per their future planning.
Which of the following would represent a proper scope for market testing?
O A. Providing a limited number of the product to all potential retail
outlets
B. Placing the product in only a few retail locations for only one retail
chain
C. Exposing a small group of individual consumers to the product at
the company office
D. Providing an unlimited number of the product to all interested
retailers
The statement would represent a proper scope for market testing by Placing the product in only a few retail locations for only one retail chain. Thus the correct option is B.
What is a Product?A product is referred to as final or finished goods distributed in the market to serve the customers. This product can be both goods and services in which goods are tangible and services are intangible.
The experimental release of a product and a marketing strategy is known as test marketing. The goal is to evaluate how potential customers will respond in a highly competitive marketplace.
Positioning the product in a small number of retail outlets for a single retail chain will allow for more focused market testing and better customer feedback.
Therefore, option B is appropriate.
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Put the following investment options in order of least to greatest risk: starting a business, B-rated bond, speculative stock, property
Answer:
1. B-rated bond
2. property
3. starting a business
4. speculative stock
The order of investment options in order of least to greatest risk is B-rated bonds, Property, Starting a business, and speculative stock.
What do you mean by investment?Investment refers to the item acquired to generate more revenues or profits.
The order of investment options from least to greatest risk is B-rated bonds, property, starting a business, and speculative stocks.
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. A quadratic polynomial whose one zero is 6 and the sum of the zeroes is 0, is x*2-6
True
False
pls tell fast
Answer:
False
Explanation:
From the question, we can see that a quadratic polynomial is made up of two elements or variables called zeros in this question
From the question, we are told that one variable (zero) = 6
The second variable (zero) = unknown , therefore we can represent the second variable as Y
We are told that the sum of the variables = 0
This means:
6 + Y = 0
Therefore, Y = 0 - 6
Y = -6.
The second variable ( zero) = - 6
Since it is a quadratic polynomial,
The roots of the polynomials are the variables 6 and -6
Hence, we have:
(x + 6) (x - 6) = 0
Expanding the brackets
x² - 6x + 6x - 36 = 0
= x² - 36 = 0
Therefore, a quadratic polynomial whose one zero is 6 and sum of the zero is 0 is x² - 36 = 0
This means the statement made in the question above "A quadratic polynomial whose one zero is 6 and sum of the zero is 0 is x²-6" is false
a firm acquired an assset on 1st Apri, 1990 at a cost of Le 30,000. The useful life of the asset is expected to be 10 years. The estimated scrap value of the asset at the end of the year is Le 2,000. Show the provision for depreciation account for the first 3 years in the life of the asset using the Straight line method
Answer:
First year : Le 2100
Second year : Le 2800
Third year : Le 2800
Explanation:
Given the following :
Cost of equipment = 30,000
Useful years = 10
Salvage or scrap value = 2,000
depreciation account for the first 3 years in the life of the asset using the Straight line method :
Straight line Depreciation :
(Cost - salvage value) / useful years
First year: (April - December 1990)
April - December 1990 = 9 months
(30,000 - 2000) / 10 × 9/12
28000 / 10 × 0.75 = Le 2100
Second year:
(30,000 - 2000) / 10 × 12/12
28000/ 10 = Le 2800
Third year:
(30,000 - 2000) / 10 × 12/12
28000/ 10 = Le 2800
knowing a company's business standards will:
Answer:
Will help you get recognized as a valuable employee.
Explanation:
Company's business standard consists of measurements, acceptable practises, sets of instructions which serves as a limit for expected normal conduct in a business firm. It is an agreement between a company and it's employees as it relates to production, management, supply and delivery.etc.
Every company have it's own business standard which every employees are supposed to be familiar with. They are expected to align themselves with the standard of the organization. Understanding a company's business standard create cooperation between people and an organization hence assist in facilitating communication.
Therefore, knowing a company's business standard will help one get recognized as a valuable employee.
AnswerB.Help you get recognized as a valuable employee :)
Explanation:
A farmer expects irrigation system will increase real operating receipts by $32,000 per year but will also increase real operating expenses by $8,000. Suppose that the inflation rate is 5% and the marginal tax rate is 20%.
(i) What is the nominal net return at the end of year 3?
a. $29,172 b. $22,800
c. $27,783 d. $24,000
(ii) Calculate the nominal after-tax net return at the end of year 4.
a. $28,800 b. $27,360
c. $34,560 d. $23,338
Answer:
(i) Option (c) $27,783 (ii) $23,338 option (d)
Explanation:
Given that:
Real receipts = 32,000
Real expenses =$8,000
Inflation rate =5%
Marginal tax rate = 20%
(1) Now,
The receipts (nominal)for year 3 is = Real receipts ( 1 + Inflation rate ^)3
Nominal Expenditure for year 3 = Real Expenditure ( 1 + Inflation rate )^3
The receipts (nominal)for year 3 = Real receipts ( 1 + Inflation rate )^3
= $ 32,000 ( 1.05 ^)3
= $ 32,000 ( 1.1576 )
= $ 37,044
Thus,
The receipts (nominal)for year 3 = Real receipts ( 1 + Inflation rate )^3
= $ 8000 ( 1.05 )3
= $ 8000 ( 1.1576)
= $ 9261
The nominal net return = Nominal receipts - Nominal Expenditure
= $ 37,044 - $ 9,261
= $ 27,783
(ii) We find the nominal after-tax net return at the end of year 4
Thus,
Nominal receipts for year 4 = Real receipts ( 1 + Inflation rate )4
= $ 32,000 ( 1.05 )4
= $ 32,000 ( 1.2155 )
= $ 38,896
Now,
Nominal receipts for year 4 = Real receipts ( 1 + Inflation rate )^4
= $ 8000 ( 1.05 )^4
= $ 8000 ( 1.2155)
= $ 9724
So,
Nominal net return = Nominal receipts - Nominal Expenditure
= $ 38,896 - $ 9,724
= $ 29,712
After Tax net return = Nominal net return ( 1 - tax rate )
= $ 29,712 ( 1 - 0.2)
= $ 29,712 (0.8)
= $ 23,338
A job search should be treated like a full time job.
Please select the best answer from the choices provided
ОТ
OF
Answer:
The answer is True.
Explanation:
Got it correct on Edgen.
Answer:
true
Explanation:
Which countries signed in the North American Free Trade Agreement in 1992?
The correct answer is Canada, the United States, and Mexico
Explanation:
The North American Free Trade Agreement or NAFTA was an economic alliance between three important countries: Canada, the United States, and Mexico (main countries in North America). Additionally, the purpose of this alliance was to facilitate trade between these countries, and in this way promote the development of the economy in these territories. In terms of history, all countries signed for the agreement in 1992, but the alliance was official only in 1993 because of the opposition of some citizens and groups. Thus, in 1992 Canada, the United States, and Mexico signed this agreement.
When more firms produce the same product, it means that
of that product is produced at a
quality
Answer:
pure competition
Explanation:
pure competition, is the simplest market structure because a large number of firms produce basically the same product at the same price, restricting the decisions and influence they have on the market. hope it helps
When firms produce the same product also with the same quality and price, it is signified as pure competition.
What is pure competition?Pure competition is a term that describes a market that has a broad range of competitors who are selling the same products. There are a large number of sellers of a product which cannot be differentiated. Therefore, no single firm can have a significant influence on price. Other prevailing conditions are ease of entry of new firms into the market and perfect market information.The best examples of a purely competitive market are agricultural products, such as corn, wheat, and soybeans.
Therefore, pure competition is the correct answer.
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define finance education for class 8
What are the positive and negative aspects of taxation?
Answer:
Explanation:
For negative
But all taxes adversely affect ability to save. Since rich people save more than the poor, progressive rate of taxation reduces savings potentiality. This means low level of investment. Lower rate of investment has a dampening effect on economic growth of a country.
Positive
The positive effects of tax rate cuts on the size of the economy arise because lower tax rates raise the after-tax reward to working, saving, and investing. ... But pure rate cuts may also provide positive income (or wealth) effects, which reduce the need to work, save, and invest.
what is 2×78 please help
Answer:
156
Explanation:
78
× 2
multiply the 2 by 8 first
then multiply the 7 by 2
Mr. Coffey bought a house for $195,000. He made a 20% down payment. The interest
rate is 5.25% for 30 years. Use the loan payment calculator to answer the following
questions. (do not use commas or dollar signs in your answer)
What is his monthly payment?
Answer: $861.44
Explanation:
Given the following :
Purchase price = $195,000
down payment = 20%
Interest rate = 5.25%
Period = 30 years
Down payment = 0.2 × $195,000 = $39,000
Therefore, loan amount will be :
$(195,000 - 39,000) = $156,000
The payment per period (monthly payment) can be calculated using the annuity calculator.
Present value = $156,000
Number of periods = 30yrs = 30× 12 = 360 months
Interest = 5.25% / 12= 0.4375% = 0.004375
Future value = 0 (Amount when entire loan has been paid)
Therefore, the payment per period is $861.44 using the financial calculator.
What do borrowers use to secure a mortgage loan?
A. Credit Card
B. Down Payment
C. House
D. Land
E. Vehicle
I’m not sure if the answer is A and B, or if C is included too.
Answer:
A. and B.
Explanation:
mortgage loans are given to individuals by a certified bank against their property. In order to secure this loan the bank requires a down payment from the individual looking for the loan as well as the individual's credit card information. This credit card will be charged the amount that the individual owes the bank on a monthly basis.
Answer:
C,D,and E
Explanation:
For a mortgage to be secure it needs to be backed up by a valuable asset such as your car your house or land.
1. Which of the following is an impact of increase in income tax of an individual?
A. Rise in disposable income
B. Increase in the ability to invest
C. Increase in the level of savings
D. Decrease in the purchasing power
Answer:
A
Explanation:
the answer is a because you get more free money with your income taxes therefore making more money that you can use on personal things
Mention 5 factors that determine the channels of distribution
Answer:
Unit Value of the Product, Types of Buyers, number of buyers, Technical Nature and Perishability
there are more btw
Answer:
Unit Value of the Product: ...
Standardised or Customised Product: ...
Perishability: ...
Technical Nature: ...
Number of Buyers: ...
Types of Buyers: ...
Buying Habits: ...
Buying Quantity:
Which of these is not affected by a person's credit score?
A. Apartment rentals
B. Credit card rates
C. Ability to get a cell phone contract
D. Federal income tax
