As a manager at a bank I would you interpret this information as-
1. Industry regulation - These ae the rules which directly impact the industry in which person is associated with in this case banking industry so it is important to check that bank is in compliance with all the legal and financial regulations.
2. Public communication - As a bank manager it is important to ensure that all the information which bank gives must be truthful whether it is propagated through advertisement or social media. It is also important to takes all the concern of customers of bank.
3. Public boycott - This situation arises when customers or group of shareholders boycott the bank, then as a manager it become very important to listen their demand and suggestions.
4. Media advocacy - Media is important factor in banking industry. It is paramount for manager to maintain a good image of bank in eyes of media to refrain bank from bad image in public.
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Which of these explain why growth is an important economic goal?- It increases standards of living.- It increases real wages and incomes.- It increases a society's ability to resolve socioeconomic problems.- It results in deflation or disinflation.
An increase in real GDP per capita occurring over some time period and an increase in real GDP occurring over some time period.
Why is economic growth a key objective?The size of the economy as a whole increases with faster GDP growth, which also improves fiscal conditions. The material standard of living for the average American rises as a result of broadly shared growth in per capita GDP.
Why does rising economic activity increase living standards?Living standards have increased as a direct effect of economic expansion. Our greater per capita output (or production) of goods and services has led to an increase in our per capita consumption of those same goods and services. We can consume more if we generate more.
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which of the following is a key objective of the age discrimination in employment act of 1967 (adea)?group of answer choicesto prevent financially troubled companies from singling out older employees when there are cutbacksto take affirmative action to ensure equal employment opportunity for vietnam-era veteransto give workers up to 12 weeks' unpaid leave each year for birth, adoption, or foster care of a child within a year of the child's arrivalto have employers maintain health insurance benefits and give workers their previous jobs when the workers' leaves are over
The key objective of the Age Discrimination in Employment Act of 1967 (ADEA) is to prevent financially troubled companies from singling out older employees when there are cutbacks.
The ADEA forbids employment discrimination against anyone over the age of 40. Its purpose is to protect older workers from arbitrary age discrimination in the workplace and to encourage the hiring of older people based on their abilities rather than their age. Employers with 20 or more employees, including state and local governments, are subject to the statute.
While other employment-related statutes, such as the Vietnam Era Veterans' Readjustment Assistance Act and the Family and Medical Leave Act, have their own goals, they are not the primary goals of the ADEA.
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T/F.accruals recorded in the salaries and wages expense and salaries and wages payable accounts represent salaries and wages
True accruals recorded in the salaries and wages expense and salaries and wages payable accounts represent salaries and wages.
Explain payable accounts?Payable accounts are liabilities for which a company owes payment to some other party, including such suppliers, vendors, or lenders. Because the payments are due within a year or less, these accts are recorded on a company's balance sheet as a current liability. Accounts payable are amounts owed to vendors or suppliers for goods or services purchased on loans, and notes payable are formal agreements to repay a specified amount of money with interest at a future date. Payable account management is an essential component of a company's financial operations because it helps the company maintain positive relationships with its creditors and its creditworthiness.
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a(n) question allows respondents to express opinions, ideas, or behaviors in their own words without being forced to choose among alternatives that have been predetermined by a marketing researcher.
Open-ended, or long-form, questions permit respondents to provide answers in their very own words.
What kind of question lets in respondents to categorical opinions ideas and behaviors in their own words?A closed-ended question is made up of pre-populated answer preferences for the respondent to pick out from; whilst an open-ended question asks the respondent to supply feedback in their very own words.
Closed-ended questions are questions that can only be answered by means of selecting from a restricted variety of options, generally multiple-choice questions with a single-word answer , 'yes' or 'no', or a ranking scale (e.g. from strongly agree to strongly disagree).
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https://brainly.com/question/13321993#SPJ4the general ledger of red storm cleaners at january 1, 2024, includes the following account balances: accounts debits credits cash $20,000 accounts receivable 8,000 supplies 4,000 equipment 15,000 accumulated depreciation $5,000 salaries payable 7,500 common stock 25,000 retained earnings 9,500 totals $47,000 $47,000 the following is a summary of the transactions for the year: 1. march 12 provide services to customers, $60,000, of which $21,000 is on account. 2. may 2 collect on accounts receivable, $18,000. 3. june 30 issue shares of common stock in exchange for $6,000 cash. 4. august 1 pay salaries of $7,500 from 2023 (prior year). 5. september 25 pay repairs and maintenance expenses, $13,000. 6. october 19 purchase equipment for $8,000 cash. 7. december 30 pay $1,100 cash dividends to stockholders. required: 2. record each of the summary transactions listed above. 4. prepare an unadjusted trial balance. 5. record adjusting entries. accrued salaries at year-end amounted to $19,600. depreciation for the year on the equipment is $5,000. office supplies remaining on hand at the end of the year equal $1,200. 7. prepare an adjusted trial balance. 8-a. prepare the income statement for the year ended december 31, 2024. 8-b. prepare the classified balance sheet for the year ended december 31, 2024. 9. record closing entries. 1., 3., 6.,
A journal entry is an act of recording any transaction, whether one that is economic or not. An accounting diary that displays the debit and credit balances of a corporation lists transactions. Multiple recordings, each of which is either a debit or a credit, may be included in the journal entry.
What is Ledger?A ledger is an accounting book or group of books where account transactions are noted. Each account has a beginning or carry-forward balance, as well as the ending or closing balance, and would record each transaction as either a debit or credit in distinct columns.
The date, the amount to be credited and debited, a brief description of the transaction, and the accounts involved are all included in each journal entry along with other information pertinent to a single business transaction. Depending on the business, it could include a list of the impacted subsidiaries, tax information, and other details.
Therefore, A journal entry is an act of recording any transaction, whether one is economic or not.
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sally rubber co recently raised capital through an initial public offering (ipo). its stock can now be purchased on the nyse. this company is referred to as:
Sally rubber co recently raised capital through an initial public offering (ipo). its stock can now be purchased on the nyse. this company is referred to as publicly traded company.
A corporation whose shareholders are entitled to a share of the firm's assets and income is known as a public company, sometimes known as a publicly traded company. Ownership of a public corporation is divided among the public shareholders through the free exchange of shares of stock on stock exchanges or over-the-counter (OTC) marketplaces. A public firm has the option of being or not being listed on a stock exchange, which makes it easier to trade shares. Public corporations that are over a particular size must be listed on an exchange in several jurisdictions. Even if a firm may have a large number of stockholders, it may not be publicly traded.
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Different amounts demanded at every price, causing the demand curve to shift to the left or the right.a. Change in demandb. Change in quantity demandedc. Complementsd. Income effecte. Substitutes
Option A. A change in demand is a shift of the entire demand curve to the left or right.
It occurs when the quantity demanded changes at every price level due to a factor other than price, such as a change in consumer preferences, income, or the availability of substitute goods or services.
In contrast, a change in quantity demanded (B) refers to a movement along the demand curve in response to a change in price, holding all other factors constant. Complements (C) are goods or services that are consumed together, so a change in the price of one good affects the demand for the other. The income effect (D) is the change in quantity demanded of a good or service resulting from a change in the consumer's purchasing power due to a change in income. Substitutes (E) are goods or services that can be used in place of one another, so a change in the price of one good affects the demand for the other.
Therefore, the correct answer is A. Change in demand.
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Different amounts demanded at every price, causing the demand curve to shift to the left or the right.
A. Change in demand
B. Change in quantity demanded
C. Complemented
D. Income effect
E. Substitutes
you are bullish (i.e., expect price to go up in future) on telecom stock. the current market price is $50 per share, and you have $10,000 of your own to invest. you borrow an additional $10,000 from your broker and invest $20,000 in the stock. what will be your rate of return if the price of telecom stock goes up by 10% during the next year? how far does the price of telecom stock have to fall for you to get a margin call if the maintenance margin is 30%?
If the price of telecom stock goes up by 10%, the new price would be $55 per share, and the value of your investment would be $22,000.
Your initial investment was $20,000, and you borrowed $10,000, so your total investment is $30,000.
Therefore, your rate of return would be ((22,000 - 20,000) / 20,000) + ((22,000 - 10,000) / 10,000) = 0.6 or 60%.
To calculate the price at which you would get a margin call, you need to use the maintenance margin and the amount you borrowed from the broker.
The maintenance margin is 30%, which means that the equity in your account (i.e., the value of your investment minus the amount you borrowed) needs to be at least 30% of the total value of the investment.
If the total value of the investment is $20,000 + $10,000 = $30,000, then the maintenance margin is 30% of $30,000, or $9,000.
To calculate how far the price of the stock would have to fall for you to get a margin call, you can use the following formula:
(price at which margin call occurs - initial investment) / initial investment = maintenance margin
Substituting the values, we get:
(price at which margin call occurs - $20,000) / $20,000 = 0.3
Solving for the price, we get:
price at which margin call occurs = $14,000
Therefore, if the price of the stock falls below $14,000, you would get a margin call.
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The high-low method can be used to estimate the cost equation using just two points.O TrueO FalseAbsorption costing is usually used for internal management purposes, and variable costing is usually used for external reporting purposes.O TrueO FalseThere are only two methods to derive an estimated line of cost behavior: the high-low method and the scatter diagram.O TrueO FalseEvaluating and rewarding managers based on absorption basis income can lead to overproduction.O TrueO FalseThe method most likely to produce the most precise line of cost behavior and require the least amount of judgment is scatter diagram.O TrueO False
The high-low technique in cost accounting is a means to make an effort to distinguish between fixed and variable expenses given a limited quantity of data. The highest level of activity and the lowest level of activity is used in the high-low technique to compare the total costs at each level.
The fixed and variable costs can be determined by solving the system of equations if the variable cost is a fixed charge per unit and the fixed costs stay the same. The high-low method can, however, produce more or less accurate findings based on the distribution of values between the highest and lowest monetary values or quantities, therefore it is important to use caution when applying it.
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margaret has received her closing disclosure from the lender. to best protect her interests, what should she do with it?
Contrast it with the Loan Estimate. Keep it with her mortgage paperwork.
Which of the following statements best describes the purpose of a Closing Disclosure?
The Closing Disclosure is an official settlement statement used by settlement agents and title companies to itemize all charges for a borrower and seller.
During the homebuying process, you will be given two forms: the Loan Estimate and the Closing Disclosure. The Loan Estimate comes first after you apply, and the Closing Disclosure comes last before you sign the final mortgage paperwork.
Therefore, Underwriting is the process by which mortgage lenders evaluate your creditworthiness and decide whether to approve you for a loan.
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filipino shrimpers practice dumping by selling their catch to u.s. customers at a price that is higher than the price of shrimp caught in the united states.
It is true that Filipino shrimpers practice dumping by selling the catch to U.S. customers at price that is higher than price of shrimp caught in United States.
What is a customer?A customer is a person or entity who purchases goods or services from a business in exchange for payment. Customers are the lifeblood of any business, as they generate revenue and sustain the company's operations. They are the reason why businesses exist and the primary focus of marketing efforts. Customer satisfaction is crucial to the success of a business, as it leads to repeat business, positive word-of-mouth referrals, and brand loyalty. A good customer experience can lead to increased sales and profits, while a poor experience can have a negative impact on the business's reputation. Therefore, businesses must strive to understand their customers' needs and preferences and provide exceptional service to retain them.
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Complete Question:
Filipino shrimpers practice dumping by selling their catch to u.s. customers at a price that is higher than the price of shrimp caught in the united states. Is True or False?
what is the present value of a $100 lump sum to be received in five years if the opportunity cost rate is 10 percent?
62.09 is the present value of a $100 lump sum to be received in five years if the opportunity cost rate is 10 percent.
Present value (PV), also known as present discounted value, is the worth of a projected income stream computed as of the valuation date in economics and finance. Because money has the ability to generate interest, the present value is normally less than the future value, unless interest rates are zero or negative, in which case the present value is equal to or greater than the future value.
The expression "a dollar now is worth more than a dollar tomorrow" can be used to indicate time value. 'Worth more' in this context suggests that its value is greater than tomorrow's. Present value and future value computations are used to value loans, mortgages, annuities, sinking funds, perpetuities, bonds, and other assets.
Present Value of $ 100 to be received in 5 yrs:
Present value = 100*(1/(1.10^5)
Present value = 62.09213
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If the supply of iron ore mined in Venezuela has fallen due to significant political disruptions in the country, then the
A. Equilibrium price and equilibrium quantity of Venezuelan iron ore will rise
B. Equilibrium price and equilibrium quantity of Venezuelan iron ore will fall
C. Equilibrium price of Venezuelan iron ore will fall and equilibrium quantity of Venezuelan iron ore will rise
D. Equilibrium price of Venezuelan iron ore will rise and equilibrium quantity of Venezuelan iron ore will fall
Iron ore from Venezuela will increase in price and quantity at equilibrium. Therefore, choice (A) is the best one.
What is meant by Political Disruption ?There is ample proof all around. The political system in America is unpopular. The government and political parties no longer hold the voters' trust.
Only 10% of voters say they think Congress is doing a good job. Ten years ago, the general public was angry but generally indifferent. In today's world, when there is economic unrest, unsolved international wars, and urgent public policy issues that need to be addressed, more and more people are joining organizations and movements that aim to disrupt the status quo.
We shall investigate the reasons behind the system's extreme unhappiness.
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why do labor organizations downsize their labor force and what are some of the nrgative effects of this practice\
Changes to the workplace have long-term effects, such as rising voluntary turnover and declining innovation.
What is voluntary turnover?When an employee quits their position voluntarily, whether it's due to retirement, internal transfer, or finding a new employment, it's referred to as voluntary turnover. Because they frequently result in the loss of a tall employee, these kinds of turnover are usually more expensive to firms.
Is voluntary turnover beneficial?The opportunity it provides for new talent and innovative ideas makes voluntary turnover not necessarily a bad thing. However, it is typically an expensive activity because it is frequently unanticipated and can impede workflow.
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what types of costs do firms incur when producing products? multiple select question. implicit explicit private
Explicit costs are regular business expenses that are easy to track and may be seen in the general ledger.
What does "ledger" mean specifically?
A ledger is a book with many accounts used in accounting where transactions pertaining to one account are recorded. The big book of accounts or the book of final entry are two terms that are frequently used to describe it. This book is where all transactions are recorded, credit or debit.
Keeping track of financial transactions is done via ledgers, which can be written down or stored digitally. The ledger shows the beginning balance, any debits and credits to the account for the period, and the closing balance.
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an increase in the wealth of consumers will likely cause price level and unemployment to change in which of the following ways? price level / unemployment a. increase / increase b. increase / decrease c. increase / stay the same d. decrease / increase e. decrease / decrease a option a b option b c option c d option d e option e
The correct answer is Option B: increase in wealth of consumers is likely to cause an increase in the price level and a decrease in unemployment.
When consumers have more wealth, they tend to spend more money, which can lead to an increase in demand for goods and services. This increase in demand can cause prices to rise as businesses try to keep up with demand. At the same time, increased consumer spending can also create job opportunities, which can lead to a decrease in unemployment. Thus, an increase in consumer wealth is likely to cause an increase in the price level and a decrease in unemployment, making Option B the correct answer.
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Alpha Electronics manufactures and sells a line of music. Unfortunately, Alpha Electronics suffered serious fire damage at its home office. As a result, the accounting records for October were partially destroyed and completely jumbled. Alpha Electronics has hired you to help figure out the missing pieces of the accounting puzzle. Assume that the Raw Materials Inventory contains only direct materials. (Click the icon to view the amounts. ) Requirement Find the following amounts: a. Cost of Goods Sold in October b. Beginning Raw Materials Inventory c. Ending Finished Goods Inventory a. Find the cost of Goods Sold in October. Determine the cost of Goods Sold in October by completing the following table. 27,600 15,500 Cost of goods sold 12,100 (2) Gross Profit b. Find the beginning Raw Materials Inventory. Determine the beginning Raw Materials Inventory by completing the following table. Beginning raw materials inventory (3) Materials available for use (5) c. Find the Ending Finished Goods Inventory Before we can determine the missing amount for ending Finished Goods Inventory, we will first need to calculate the cost of Goods Manufactured. (Complete all answer boxes. For accounts with a $0 balance, make sure to enter "o" in the appropriate column) (9) Total manufacturing costs to account for (10) Cost of goods manufactured Now determine the Ending Finished Goods Inventory (12) Cost of goods available for sale Ending finished goods inventory (13) Revenues in October. $ 27,600 Work in process inventory, October 31. $ 1,300 Raw materials inventory, October 31. $ 3,600 Direct labor in October. $ 3,100 Manufacturing overhead in October. $ 6,200 Work in process inventory, October 1. $ 0 Finished goods inventory, October 1. $ 4,200 Direct materials used in October. $ 8,300 Gross profit in October. $ 12,100 Purchases of direct materials in October. $ 9,000 3. Alpha Electronics manufactures and sells a line of music. Unfortunately, Alpha Electronics suffered serious fire damage at its home office. As a result, the accounting records for October were partially destroyed and completely jumbled. Alpha Electronics has hired you to help figure out the missing pieces of the accounting puzzle. Assume that the Raw Materials Inventory contains only direct materials (Click the icon to view the amounts. ) Requirement Find the following amounts: a. Cost of Goods Sold in October b. Beginning Raw Materials Inventory c. Ending Finished Goods Inventory a. Find the cost of Goods Sold in October. Determine the cost of Goods Sold in October by completing the following table. (1) Cost of goods sold b. Find the beginning Raw Materials Inventory. Determine the beginning Raw Materials Inventory by completing the following table. Beginning raw materials inventory (3) Materials available for use (5)
October's cost of goods sold is $12,100.
initial raw material stock is $2,900.
Eliminating the stock of finished items is $5,000.
How is inventory of items calculated?a. cost of goods sold in October calculated
Revenue $27,600
Cost of goods sold $15,500 (27600-12100)
Gross profit $12,100
Consequently, the cost of products sold in October was $12,100.
b. beginning inventory of raw materials calculation
Raw material inventory at the start $2,900 11900-9000
Add: acquisitions of raw materials $9,000
Materials at your disposal $11,900 8300+3600
Less: reducing the stock of raw materials $3,600
Direct substance utilized $8,300
Consequently, starting raw material inventory is $2,900.
c. Ending finished products inventory calculation
starting the inventory of work in progress $0
Plus: Expended manufacturing costs
materials used directly $8,300
Direct labor costs $3,100
Manufacturing overhead $6,200
total production expenses to be considered $17,600
Less: work in progress inventory is completed $1,300
Cost of producing products $16,300
d. Find the remaining finished items inventory now.
starting finished goods stock $4,200
Add: Cost of producing products $16,300
whole price of the things that are for sale $20,500
Less: reducing the stock of finished items $5,000 20500-15500
Cost of goods sold $15,500
A $5,000 ending completed goods inventory results from this.
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andrew has decided that he is going to rob a bank to pay off his debts after losing his job. he buys a gun from a kid who lives in an economically depressed section of town, but he doesn't ask where the gun came from. on the day of the robbery, andrew decides that he will shoot at the ceiling inside the bank to get everyone's attention. but as he shoots, the bullet ricochets and strikes a bank teller. the teller dies instantly, and in the process of andrew's getaway, he drops his gun. andrew's decision to rob a bank as a better means of paying back his debts would fall under the .
Option c: UCR. The Uniform Crime Reporting (UCR) program compiles official data on crime in the United States released by the Federal Bureau of Investigation (FBI).
The UCR is "a nationwide collaborative statistical effort by approximately 18,000 law enforcement agencies in cities, colleges, counties, states, tribes, and federal agencies that voluntarily report data on crimes that come to their attention." increase."
Crime statistics are compiled from UCR data and/ then published annually by the FBI in the U.S. Crime Series.
Rather than the FBI itself collecting the data, U.S. law enforcement agencies provide the data to the FBI, and the FBI compiles the reports.
Since its establishment in 1929, the Unified Crime Reporting Program has grown to become a leading source of crime information for law enforcement, policy makers, academics and the media.
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Complete question:
Andrew has decided that he is going to rob a bank to pay off his debts after losing his job. He buys a gun from a kid who lives in an economically depressed section of town but he doesn't ask where the gun came from. On the day of the robbery, Andrew decides that he will shoot at the ceiling inside the bank to get everyone's attention. But as he shoots, the bullet ricochets and strikes a bank teller. The teller dies instantly and in the process of Andrew's getaway, he drops his gun.
-Only the most serious of Andrew's crimes has been reported to the public using this reporting mechanism.
A)NIBRS
B)Self-report survey
C)UCR
D)NCVS
The journal entry to record labor cost in the first department is (1) (debit/credit) Wages payable and (2) (debit/credit) Work in process-Department #1.
Payable wages (debit/credit) and (debit/credit) The two journal entries used to track labor costs in the first department are titled Labor Cost.
What entry should be used to track the price of goods moved from Department 1 to Department 2?
The cost of the items transferred from Department 1 to Department 2 is recorded in the process costing system as a debit to the Department 2 working on it and a credit to Department 1. work in progress Division 1:
How should a journal entry for salary payable be written?
How to Enter Payroll in an Excel Journal
Keep track of the gross wage expense (debit column). Record any unpaid tax obligations, net pay, and any further payroll deductions.
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several years ago, a major manufacturer of ketchup tried selling green and purple ketchup. the effect was achieved with simple food coloring, and the ketchup had no flavor change; however, customers reported that they hated the flavor. can the mcgurk effect help explain this unusual response?
Speech perception involves a combination of visual and auditory cues, as shown by the McGurk effect. When the visual component of one sound is combined with the auditory component of another sound, the illusion develops and a third sound is perceived.
Hearing a person's voice for the first time is a whole new experience after watching them talk. The McGurk effect may occur when one receives subpar auditory information but high-quality visual information.
One's capacity for visual and auditory information integration may also play a role in whether or not one feels the impact. It has been shown that those with a higher capacity for sensory integration are more vulnerable to the impact.
Due to a wide variety of circumstances, such as brain injury and other diseases, the McGurk effect has varying effects on various individuals.
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broker cliff waited 15 days to notify frec of conflicting demands from a seller and buyer. how many more days does broker cliff have left to implement a settlement procedure?
must be examined to determine the complexity of the situation and the time needed to come to a resolution.
Additionally, any applicable laws or regulations must be taken into consideration, as these may impose specific timelines or requirements for dispute resolution.
The willingness of the parties to negotiate and reach a resolution is another important factor to consider. If both the buyer and seller are open to compromise and willing to work together to find a solution, the process may be completed more quickly than if one or both parties are resistant to negotiation.
In general, it is important to address conflicting demands as quickly as possible in order to avoid further escalation of the situation and potential legal action. Delaying resolution for an extended period of time can also damage relationships with clients and harm a broker's reputation in the industry.
Ultimately, the time frame for implementing a settlement procedure will vary depending on the specifics of the situation. Broker Cliff should work diligently to resolve the conflict in a timely manner while also ensuring that all parties involved are treated fairly and their interests are represented.
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division 0 (sections 00020 through 00830) of the commercial specifications, titled ? , outlines the scope of work and contract requirements as well as describes characteristics of the design and bidder responsibilities.
An executive sales role known as a "bid manager" is responsible for handling bids on behalf of the company, generally in response to requests for bidder (RFPs) from clients but also as a result of proactive business development activities.
Bid managers oversee the creation of the solution and proposal while highlighting the company's value proposition as "Bid Project Managers." They make sure bidder all customer requirements are satisfied. To create and deliver winning bid strategies, bid managers usually work with the firm's board of directors and C-level management (such as the CEO and CFO).Project bids must be submitted to present or prospective clients by bid managers.
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do you dislike waiting in line? supermarket chain kroger has used computer simulation and information technology to reduce the average waiting time for customers at stores. using a new system called quevision, which allows kroger to better predict when shoppers will be checking out, the company was able to decrease average customer waiting time to just seconds (informationweek website). assume that waiting tim
The probability density function of waiting time at Kroger is zero. The probability that a customer will have to wait between 15 and 30 seconds is 0.2462. The probability that a customer will have to wait more than 2 minutes is 0.99.
1. F(x)= 1/26 e^-x/26 = 0
2. The probability that a customer will have to wait between 15 and 30 seconds is e^-15/26 - e^-3026= 0.5616238- 0.3154213 = 0.2462.
3. The probability that a customer will have to wait more than 2 minutes is e^-120/26 = 0.009898= 0.99.
Commercial enterprise records are information that holds means, value, or importance for your business. it'd include any reviews, spreadsheets, metrics, regulatory reporting, internet pages, documents, dashboards, and so on that match the definition of getting that means, value, or significance on your commercial enterprise.
The right statistics are that that is used and which creates price. experience and research suggest that true statistics have numerous features. top records are relevant for their motive, sufficiently accurate for their purpose, entirely sufficient for the hassle, reliable, and focused on the proper person. The facts need to be understandable i.e. clean, properly organized, and dependent, and ought to be timelines i.e. suitable to finish the associated project, and ought to be accurate to generate the predicted end result well.
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Complete Question:
Do you dislike waiting in line? Supermarket chain Kroger has used computer simulation and information technology to reduce the average waiting time for customers at 2300 stores. Using a new system called QueVision, which allows Kroger to better predict when shoppers will be checking out, the company was able to decrease average customer waiting time to just 26 seconds (Information Week website and the Wall Street Journal web site, January 5, 2015).
a) Assume that Kroger waiting times are exponentially distributed. Show the probability density function of waiting time at Kroger.
b) what is the probability that a customer will have to wait between 15 and 30 seconds?
c) what is the probability that a customer will have to wait more than 2 minutes?
if a firm produces a product that has easily available variable inputs, its supply curve will be: perfectly elastic. relatively flat. relatively steep. perfectly inelastic.
A corporation manufacturing a good with easily accessible variable inputs will have a supply curve that is comparatively flat.
The supply curve shows how the cost of a good or service relates to how much is provided over a given length of time. In a typical situation, the price will be displayed on the left vertical axis and the quantity delivered will be displayed on the horizontal axis. In the event that a variable other than price or quantity changes, a new supply curve must be created. Imagine, for example, that some new soybean growers enter the market, clearing land for cultivation while increasing the area used for soy production. A supply schedule is a table that shows the quantity supplied for each price. A supply curve is a graph that shows the quantity delivered for each price.
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the valuation of common stock today primarily depends on:_____.
A common stock's value is currently determined by the number of shareholders and the number of outstanding shares.
What do we mean by common stocks?A form of corporate equity ownership and a kind of security is common stock. Outside of the United States, the words voting share and ordinary share are widely used.
In the UK and other Commonwealth nations, they are referred to as equity shares or ordinary shares.
This kind of share entitles the bearer to a portion of the company's income as well as voting rights regarding corporate policy and the make-up of the board of directors.
Currently, the number of shareholders and the number of outstanding shares determine a common stock's value.
Therefore, a common stock's value is currently determined by the number of shareholders and the number of outstanding shares.
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jerry's flowers sold and shipped merchandise across the country to a buyer. the terms were fob destination. assuming it paid the bill immediately, demonstrate the journal entry required by jerry's flowers under the perpetual inventory system to record the freight charges. multiple choice question. debit merchandise inventory; credit cash. debit sales; credit cash. debit merchandise inventory; credit freight-out. debit delivery expense; credit cash.
Jerry's Flowers would need to make the following journal entry under the perpetual inventory system to record the freight expenses for FOB destination terms.
Expenses for delivery paid by debit; cash paid via credit The vendor (Jerry's Flowers) is liable for the products and shipping charges until they arrive at the buyer's destination. As a result, Jerry's Flowers must account for delivery costs separately on its income statement. Debiting Delivery Expense accounts for Jerry's Flowers' cost of delivering the product to the customer. The payment of freight charges is accounted for by crediting Cash. In this circumstance, the other alternatives stated in the question are incorrect. Because the inventory has not yet been recorded, debiting Merchandise Inventory is wrong. It is wrong to debit Sales.
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suppose a firm maintains a positive retention ratio and keeps its debt-equity ratio constant every year. when sales grow by 20%, the firm has a negative projected efn. a) can you tell, with certainty, that the sustainable growth rate is greater than/equal to/ less than 20%? why/why not? b) do you know with certainty that the internal growth rate is greater than/equal to/ less than 20%? why/why not
Because at a 20% growth rate the negative EFN shows that there is excess finance still available, the sustainable growth rate is higher than 20%.
The sustainable and internal growth rates would be identical, and the internal growth rate would be higher than 20%, if the company is entirely funded by stock. It is unclear if the internal growth rate would be larger than or less than 20% because the internal growth rate is usually smaller than the sustainable growth rate when the company has debt. The firm will have more internal funding sources available if the retention ratio rises, but it will also have to take on more debt in order to maintain the same debt/equity ratio, which will result in a fall in the EFN.
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reena industries has $138,000 of debt outstanding that is selling at par and has a coupon rate of 7 percent. if the tax rate is 21 percent, what is the present value of the tax shield on debt?
Reena industries has $138,000 of debt outstanding that is selling at par and has a coupon rate of 7 percent. If the tax rate is 21 percent, the present value of the tax shield on debt is $ 46,920.
Debt outstanding is $138,00 and the Coupon rate is 7%
Coupon payment is $ 9,660, 138000*7%
Tax shield is $ 3,284.40, 9660*34%
Assuming interest rate of 7%
PV of tax shield is 3284.40/7%
PV of tax shield will be $ 46,920
The obligation to pay money or other agreed value to a third party, a creditor, is called a debt. Debt differs from an immediate purchase in that payments are deferred or in installments. A sovereign state or country, city government, company or individual may be liable for the debt.
Hence the correct option is C
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The above question is incomplete, the complete question is-
Question 34 2.23 pts Reena Industries has $138,000 of debt outstanding that is selling at par and has a coupon rate of 7 percent. If the tax rate is 34 percent, what is the present value of the tax shield?
A. $28,412
B. $51,010
C. $46,920
D. $9,660
a bond that pays interest annually has a 5.25 percent promised yield and a price of $1,040. annual interest rates are now projected to fall 50 basis points. the bond's duration is six years. what is the predicted new bond price after the interest rate change? (do not round on intermediate calculations.)
Using the modified duration formula, the bond's modified duration is 5.55. Given the change in interest rates, the predicted new bond price is $1,088.61.
Using the modified duration formula, we can calculate the approximate percentage change in bond price given a change in interest rates:
% Change in bond price = -Modified duration * Change in interest rates
Since the bond has a duration of six years, we have:
Modified duration = 6 / (1 + 0.0525) = 5.66
If interest rates fall by 50 basis points, the new rate will be 5.25% - 0.5% = 4.75%.
Using the percentage change formula, we get:
% Change in bond price = -5.66 * (-0.005) = 0.028
To find the new bond price, we can multiply the percentage change by the old price and subtract the result from the old price:
New bond price = $1,040 - (0.028 * $1,040) = $1,011.20
Therefore, the predicted new bond price after the interest rate change is $1,011.20.
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organizational behavior refers to: group of answer choices the assessment of an organization's performance. the study of organizational ethics and values. the study of individual mannerisms and group dynamics in organizations. the steps taken by an organization to address failures.
Organizational behavior refers to the study of individual mannerisms and group dynamics in organizations. Thus, option 'B' is the correct option.
What is organizational behavior?Organizational behavior (OB) is the term used to describe how individuals act in groups and the connection between their actions and the structures of organizations. OB is the study of such behaviors and how they impact organizations. People display particular behaviors when they are in groups or when given organizational positions.
The objectives of organizational behavior include boosting organizational leadership, encouraging job innovation and happiness, as well as bettering employee attitudes at work. Organizational behavior was declared a genuine area of research by the American Psychological Association in the 1970s, and since then, it has grown in stature as a study of human behaviors in businesses.
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