Commonly used in accounting analysis, a Financial Ratio shows a relationship between two elements of a firm's financial statements
A financial ratio is a measure of the relationship between two or more components of a company's financial statements. These metrics provide a quick and easy way to track performance, benchmark against industry peers, identify problems, and proactively implement solutions.
They are primarily used by outside analysts to determine various aspects of the company, such as B. Profitability, liquidity, and solvency.
a financial ratio is divided into five types: liquidity metrics, leveraged financial metrics, efficiency metrics, profitability metrics, and market valuation metrics.
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Organizers of the town fair make a total of $706 from selling 164 hot dogs and 74 hamburgers at one of their concession stands. at their other concession stand, they make $884 by selling 256 hot dogs and 61 hamburgers. if the prices are the same at both concession stands, what is the price of a hot dog?
The price of a hot dog is $2.5
How to solve a system of two equations?First of all, we should obtain one variable in representations of another variable in one equation and substitute this variable in another equation. And solving that we bring two variables value. If you have two separate equations with identical two unknowns in each, you can solve for both unknowns. There are three common forms for solving: addition/subtraction, substitution, and graphing.
Here,
let's assume the price of hot dogs = x and the price of hamburgers = y
then, 164x + 74y = $706 --- ( 1 )
and 256x + 61y = $884 --- ( 2 )
Now, from eq - 1 we obtain x = ($706 - 74y) / 164
Substitute this x value in eq - 2,
256($706 - 74y)/164 + 61y = $884
=> $706*256 - 74y*256 + 61y*164 = $884 * 164
=> 180,736-8940y = 144,976
=> 180,736 - 144,976 = 8940y
=> 35,760/8940 = y
=> y = $4.
By substituting in eq - (1) we get x = $2.5
So, The price of a hot dog is $2.5
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A movement along the phillips curve shows that the unemployment rate and inflation rate are.
A movement along the Phillips curve demonstrates that the unemployment rate and inflation rate exist inversely related.
What is Phillips curve?
Phillips curve, graphic illustration of the economic connection between the rate of unemployment (or the rate of evolution of unemployment) and the rate of change of money wages. Named for economist A. William Phillips signifies that wages tend to increase faster when unemployment is low. The Phillips curve is an economic model, called after William Phillips hypothesizing a correlation between a reduction in unemployment and increased rates of wage grades within an economy.
The Phillips curve describes the rate of inflation with the rate of unemployment. The Phillips curve reasons that unemployment and inflation exist inversely related: as levels of unemployment decrease, inflation increases. The connection, however, is not linear.
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Large minimum efficient scale of plant combined with limited market demand may lead to?
A large minimum efficient scale of the plant combined with limited market demand may lead to a natural monopoly. Pure monopolists may obtain economic profits in the long run because: of barriers to entry.
A natural monopoly is a type of monopoly that typically exists because of high initial costs or strong economies of scale of running a business in a particular industry and can pose significant barriers to entry for potential competitors. there is.
A natural monopoly is a monopoly in an industry that has high infrastructure costs or other barriers to entry relative to the size of the market, giving the industry's largest players, often the first players in the market, an overwhelming advantage. give sex. potential competitors
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The primary responsibility of a cloverleaf salespersons is to conclude a sale successfully in germany, france and the benelux countries. what are key responsibilities of cloverleaf salespeople and how those responsibilities can enhance efficiency and effectiveness?
A salesperson's job is to represent their company by offering their customers the following services: giving value ,Taking control of your relationships back to their businesses with the knowledge of their markets and customers.
The responsibilities of the salesperson are -
Give specific information to customers about the items so that the customers can make a purchase decision.Persuade the customers to make purchases and increase the sale of the company.Raise the complaints of the customers to the management to sort their customer issues on an immediate basis.The salesperson should also keep a track of the inventory to see that there is no shortage of resources and that customers' demands are met on time.The salesperson should also be extroverted and comfortable communicating with the customers and convincing them. An extroverted salesperson can make more customers for the company.The salesperson of the company should also be an achiever who is able to attain the sales target of the company along with giving additional inputs to increase the sales of the company.About salesman :
A salesman is an ambassador of his company to the external world. He leaves a lasting impression on those with whom he interacts and form an opinion about the company from his behavior.
A salesman is out in the field, with no direct or little direct supervision, whereas other employees have to work under close supervision. A salesman needs human relations skill much more than others. As he interacts with a variety of people in diverse situations, he must show diplomatic skills and composure.
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The company you are investigating recorded fictitious revenues. What is the effect on the asset turnover ratio?
In case fictitious revenues are recorded asset turnover ratio will increase.
The asset turnover ratio measures the performance of an organization's assets in producing revenue or income. It compares the dollar quantity of income (revenues) to its overall belongings as an annualized percent. hence, to calculate the asset turnover ratio, divide net income or revenue by the average total belongings.
Fictitious revenues contain the sale of goods or services that no longer arise. Fictitious invoices may be fake, but can also contain valid clients. A fictitious invoice may be prepared for a legitimate patron despite the fact that goods are not added or services have no longer been rendered.
Accounting ratios, an important subset of monetary ratios, are a group of metrics used to degree the performance and profitability of an employer based on its financial reports. They provide a way of expressing the relationship between one accounting information factor to any other and are the basis of ratio evaluation.
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If a beneficiary is enrolled in a ma-only ppo and they also sign up for a pdp plan, they will be automatically dropped from their ma plan. True or false?.
If a beneficiary is enrolled in a MA-only PPO and they also sign up for a PDP plan, they will be automatically dropped from their MA plan is a "True" statement.
What is PPO plan?PPOs are a form of health plans that let members see medical professionals both inside and outside the plan's network. Members can just use services outside the network, but doing so will result in increased out-of-pocket expenses and a possible lack of coverage for specific services.
Some key features of PPO are-
All health insurance companies have agreements with clinics and facilities to treat their members. The term "network providers" or "in-network providers" refers to these medical professionals, who might comprise PCPs, specialists, and sometimes even institutions like labs, hospitals, or urgent care facilities. PPO members are insured for care both from in- and out- of-network providers, but they will pay more for the in providers and less for in-network doctors and hospitals.What is MA plan?Another option for getting your Medicare Both A B coverage is through Medicare Advantage Plans.
Some key features of MA plan are-
Medicare-approved private enterprises that offer Medicare Advantage Plans, often known as "Part C" or "MA Plans," are required to abide by the rules established by Medicare. Many Medicare Advantage Plans cover prescription drugs (Part D). You'll typically have to work with medical professionals who are covered by the plan's network. These plans have a cap on how much you must spend out-of-pocket for covered services each year.To know more about benefit of PPO, here
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What do we observe in the market for automobiles if the price of steel increases?
If the price of steel increases, the supply curve for automobiles would shift to the left.
In the economy, when the price of steel increases, the supply curve for automobiles such as car would shift to the left because the suppliers can't afford high priced steel to make cars. Thus, this forces the suppliers to produce less.
Steel is an input for the production of cars, so a fall in the price of steel causes the supply curve for cars to shift right. As the demand curve remains the same, equilibrium price decreases and equilibrium quantity increases.
Hence, if the price of steel increases, the supply curve for automobiles would shift to the left.
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A lease is an annuity when it requires equal payments at the same interval.
a. True
b. false
You can find Pepsi products in discount stores, grocery stores, convenience stores, and even vending machines. Pepsi practices __________ distribution with its product lines.
You can find Pepsi products in discount stores, grocery stores, convenience stores, and even vending machines. Pepsi practices intensive distribution with its product lines.
A corporation may use an intensive distribution marketing plan to try to sell its goods from a small vendor to a large retailer.
A customer will almost always be able to find the merchandise wherever he travels.
Soft drinks and cigarettes are a couple of the products that follow the intensive distribution.
A corporation can employ all of the potential venues to market its product under an aggressive distribution plan.
Both sales and brand awareness of the product are increased.
The benefits of intense distribution are numerous which include a boost in sales and profits etc.
Hence, Pepsi practices intensive distribution with its product lines.
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If you invested $100 and made a total dollar return of $10 over the course of the year, your year-end total cash would be?
If you invested $100 and made a total dollar return of $10 over the course of the year, your year-end total cash would be $110.
Investments are defined as assets bought or invested in with the goal of increasing wealth and setting aside funds from salary or capital gains. The main goal of an investment is to generate additional revenue or to make money on the investment over a certain amount of time.
the most typical sorts of investments. The term "investment" often refers to the purchase of anything for future use with the intention of generating a consistent cash flow or raising the value of something over time so that it can be sold for a higher price than it was initially purchased for, i.e. capital gains.
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Could the price elasticity of supply for a particular good differ between the short-run and the long-run? Explain with an example
For produced goods, supply is typically more elastic over the long term compared to the short term because it is generally believed that over the long term, all production factors can be used to increase supply, whereas over the short term, only labor can be increased and even then, changes may be prohibitively expensive.
Because consumers don't have time to look for alternatives, demand is typically more price inelastic in the short term. Consumers eventually grow more aware of their options. The responsiveness of demand to a change in price is measured by price elasticity of demand. Electricity demand's price elasticity is higher over the long term and lower over the short term.
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Mr. troy samson wants to buy stocks of a local retail company. he needs some help with market research and financial planning for the venture. mr. samson should contact a(n)?
According to the research, the correct option is securities brokers. Mr. Samson should contact a securities broker that will help with market research and financial planning for the venture.
What are securities brokers?They are the securities intermediaries that act as members of a stock exchange and can intermediate shares and any other type of securities between the broker and the investor who is interested in buying or selling.
He stands out for having extensive knowledge in finance and playing an active and important role in the stock market where he guides and advises his clients on finances so that they can obtain the best possible returns.
Therefore, we can conclude that according to the research, Mr. Samson should contact a securities broker that will help with market research and financial planning for the venture.
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What are the 5 principles ron blue suggests that you follow to choose a successful financial advisor?
The 5 principles Ron Blue suggests that you follow to choose a successful financial advisor
Knowing how the advisor is compensatedKnowing the advisor's professional competenciesDo they practice what they preachWill they give you character or client referencesKnow the advisor's worldviewWho is a Financial Advisor?A professional who offers financial services to clients depending on their financial circumstances is known as a financial adviser or advisor.Financial advisors must undergo particular training and register with a regulating agency in several nations in order to provide advice. A financial adviser must pass the Series 7 and Series 66 or Series 65 qualifying exams in order to practice in the United States.Qualification designations and compliance concerns must be recorded for public view, according to the U.S. Financial Industry Regulatory Authority (FINRA). Brokers, investment advisers, private bankers, accountants, attorneys, insurance agents, and financial planners are among the professions listed by FINRA as being permitted to use the phrase "financial advisor."To know more about financial advisor with the given link
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Damian invests $5,000 today in an account earning 6% per year. How much is the investment worth in 4 years?
a. $5,000.00
b. $6,312.38.
c. $6,326.60.
d. $6,200.00
Based on the fact that Damien invested $5,000 and left it in an account that earns 6% for 4 years, the investment worth would be b. $6,312.38.
What would be the value of the investment?The value of the investment in 4 years is considered to be its future value when looking at it from the present.
Using the rate being earned, the investment amount, and the number of years the investment will be invested, the future value formula is:
Future value = Investment x ( 1 + rate)^ number of years
Solving gives:
= 5,000 x ( 1 + 0.06) ⁴
= 5,000 x 1.06⁴
= 5,000 x 1.26247696
= $6,312.3848
= $6,312.38
In conclusion, the value of Damien's investment after a period of four years at 6% per year comes to $6,312.38.
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Many___expectations of good customer service are the same, but we must still treat each customer as an individual.
So many people's expectations of good customer service are the same but we must still treat each customer as an individual.
What is a good customer service?Also known as an excellent customer service refers to the act of meeting and surpassing expectations of customers, that is, the seller or the firm is showing the customer how important he or she is to you and the business survival and existence.
Furthermore, it involves following best practices like valuing customers' time, having a pleasant attitude, and providing knowledgeable to the customers as well.
Hence, in most case, despite that many people's expectations of good customer service are the same but we must still treat each customer as an individual.
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An automotive insurance company has 30,000 policyholders, and the accident rate is 0.06. if the company needs to make a profit of $1,740,000 this year and the payout for each claim (after deductibles) is $8,200, the minimum premium it must charge is $ . the company’s financial advisers have predicted that in the upcoming year, the accident rate will increase by 5% of the base rate and the number of policyholders will increase by 12%. if the company’s profit needs and the payout for each claim remain the same, the minimum premium should increase by $
$550 is the minimum premium payment.
The bare minimum premium went up by $18.4
Policyholders are 30,000
Rate of accidents: 0.06
Accidental deaths = 30,000*0.06 = 1800
If this year's required profit for the business is $1,740,000 and the payout for each claim (after deductibles) is $8,200
Total compensation equals each claim's payout times the number of claims.
Total compensation: 8200 × 1800, = $14,760,000
Total minimum premium now equals total payout plus profit.
= $ 14,760,000+ $1,740,000
= $ 16,500,000.
Total minimum premium / the number of policyholders equals the minimum premium charge.
= $ 16,500,000 ÷ 30,000
= $550
Thus the minimum premium charge = $550
The accident rate will rise by 5%, or 1.05, in this case.
Add this rate to the prior accident rate.
0.06 × 1.05 = 0.063
Rate of accidents: 0.063
The number of policyholders will rise by 1.12 times (12%).
30,000*1.12 = 33600
Accident total = 33600*0.063 = 2116.8
Total payout = each claim's payout × Amount of complaints
8200 × 2116.8 = $ 17357760
Minimum total premium equals total payout plus profit
= $ 17357760 + $ 1,740,000 = $19,097,760
Total minimum premium / the number of policyholders equals the minimum premium charge.
$ 19,097,760 / 33600 is the minimum premium fee.
568.4 - 550
= 18.4 $
The minimum premium increased by $18.4
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The statement of cash flows shows a firm's revenues, costs of goods sold, expenses, and net income. True or false
Answer:
false
Explanation:
A statement of cash flows on tracks Cash, not credit, expenses, or any of that jazz. There are other financial reports to account for them.
Joint intelligence planning supports joint operation planning and may result in the production of what three products?
Joint intelligence planning supports joint operation planning and may result in the production of three products they are:
⇒Dynamic Threat Assessment
⇒Annex B: Intelligence
⇒National intelligence support plan
Joint operations are military actions carried out by joint forces and those Service forces employed in special command relationships with one another. Joint operations by themselves do not generate joint forces.
A joint force is a collection of assigned or attached components from important military departments that cooperate under a single joint force commander (JFC).
The Department of Defense (DOD) primarily employs two or more Services (from at least two Military Departments) in a single mission through joint operations.
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The project team is working on an important and complex project that requires a lot of coordination. under these circumstances, the best strategy is to:____.
The project team is working on an important and complex project that requires a lot of coordination. Under these circumstances, the best strategy is to business development. Business development is the process of generating long-term value for a company through relationships with clients, markets, and other businesses.
The Firm development can be interpreted to refer to any action made by a small or large organization, a for-profit or non-profit company, that furthers team the goal of 'developing' the business Through Planning Systems, which are put in place by the governments to assist small enterprises, external business the coordination can be facilitated.
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_____ is a combined automated machines, robots, and materials handling system that is controlled by a single computer.
Answer:
Flexible manufacturing system
Explanation:
Hope this helps! :)
Question 2 of 10
FBLA-PBL state chapters usually have a number of elected.
represent the state's various regions.
OA. Treasurers
OB. Presidents
OC. Secretaries
OD. Vice Presidents
who
SUBMIT
FBLA-PBL state chapters usually have a number of elected, treasurers who represent the state's various regions. Thus, option A is correct.
What is FBLA-PBL?FBLA-PBL stands for Future Business Leaders of America-Phi Beta Lambda, whose main goal is to develop some business opportunities and strengthen the basis of kids and give them opportunities for growth and development.
FBLA-PBL state chapters are an organized body that typically represents and bring the name forward for the person that can be elected to be the treasurer, where they plan and execute a trip and select the worthy candidates. Therefore, option A is the correct option.
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Answer:
D. Vice Presidents
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Systems analysis and design is a six-phase problem-solving procedure for examining and improving an information?
Systems analysis and design is a six-phase problem-solving procedure for examining and improving information in System.
System analysis is the technique by which a character (s) research a device such that a facts device can be analyzed, modeled, and a logical opportunity can be chosen. systems analysis initiatives are initiated for three reasons: problems, opportunities, and directives.
systems analysis is "the technique of analyzing a system or commercial enterprise to pick out its goal and purposes and create systems and approaches so that it will correctly acquire them".
The definition of a System analysis is a technique of figuring out the fundamental elements of a venture and determining how to combine them in a nice way to clear up the trouble. An instance of structure evaluation is deciding the fine way to dry clothes without a garments dryer which includes by using placing them on a line inside the sun.
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What account tracks the inflow of net assets that occurs when a business provides goods or services to its customers?
The revenues account tracks the inflow of net assets that occurs when a business provides goods or services to its customers.
A revenue account is what, exactly?The assets that a business generates through its operations and commercial activities are called revenues. As a result, revenues also comprise the money or receivables that a business receives from the sale of its products or services.
With a credit balance, the revenue account is an equity account. Accordingly, a credit to the revenue T-account raises the account balance.
Types of Revenue Accounts
Revenue accounts come in a wide variety of forms, but they always convey the same fundamental ideas: a corporation receives money or a right to the money in exchange for using or selling its assets. Operating and non-operating revenues, often known as other income, are commonly used to categorize revenues.
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Since the 1950s, the natural rate of unemployment in the united states has: group of answer choices remained relatively constant. increased steadily. decreased steadily. risen and fallen.
Since the 1950s, the natural rate of unemployment in the United States has risen and fallen over time.
Since the 1950s, the United States economy grew overall by 37% where the unemployment remained low, about 4.5%. Thus, at the end of the decade, the median American family had about 30% more purchasing power than at the beginning as their income grew with time, and this has risen and fallen over time.
It is estimated that since the 1950s, the natural rate of unemployment rose which was highly driven by strong wage growth rather than a rise in inflation level.
Hence, option D is correct.
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Hal charges Jim to operate his business within the office building he owns. Identify Hal's source of income
Hal charges Jim to operate his business within the office building he owns. Hal's source of income is interest.
What is interest?Interest is a reward paid to an individual who have invested by lending certain amount of money. It is usually paid based on the amount of money borrowed by an individual. Interest is paid on the total amount investment in lending
An individual can sit in the comfort of his house and get paid interest by borrowers or company invested too.
Therefore, Hal charges Jim to operate his business within the office building he owns. Hal's source of income is interest.
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The __________ persuasive strategy is particularly effective for a speech to actuate.
The Monroe's motivated sequence persuasive strategy is particularly effective for a speech to actuate.
Monroe's motivated sequence:
Alan Monroe created the Monroe's Motivated Sequence, a five-step progressive persuasion technique, in the middle of the 1930s. This technique is intended to motivate individuals to act and to have your audience ready to alter things right away.Many individuals utilize the motivated sequence introduced by Monroe in [tex]1935[/tex] as a speech structure to efficiently organize persuasive messages. Attention, need, satisfaction, visualization, and action are the five fundamental phases of the pattern. A speaker draws an audience's attention in the opening phase.Monroe's Motivated Sequence (MMS) is a pattern of organizing used to create in the audience a sensation of WANT or NEED, satiate that WANT or NEED, and assist the audience in becoming enthusiastic about the benefits of that SOLUTION.Learn more about Monroe's motivated sequence here brainly.com/question/19815768
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Bambi wants to have an initial public offering (ipo). under what circumstances would an ipo make sense for bambi’s organization?
Bambi wants to have an initial public offering (IPO) only when she wants to turn her privately held corporation into a publicly held corporation.
A stock launch, often known as an initial public offering (IPO), is a public sale in which a firm sells shares to institutional investors as well as typically to retail (individual) investors. One or more investment banks typically underwrite an IPO and coordinate the shares' listing on one or more stock markets.
A privately held firm becomes a public company by this procedure, which is also known as floating, going public, or going public. Initial public offerings can be used to increase a company's equity capital, monetize private shareholders' investments, such as those made by the company's founders or private equity investors, and make existing holdings and future capital raising easier to trade by becoming publicly traded.
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When marketing organizations’ resources (the 3ts) are scarce a(n) ""_______ targeting"" approach usually represent the best option.
When marketing organizations’ resources (the 3ts) are scarce a "" Undifferentiated targeting "" approach usually represent the best option.
What is Undifferentiated marketing?Undifferentiated marketing, also called mass marketing, is a strategy that entails creating one message for an entire audience. It helps businesses reach more people at a lower cost and improves brand recognition.
Pros of undifferentiated marketing :
cost-effective in the long run.no need for constant changes to content.greater reach.no in-depth market research necessary.improved brand recognition.Cons of undifferentiated marketing :
changes in your business environment can be triggered by changes in price, consumer preference, or inflation.it doesn’t bring many loyal customers.it is challenged by competitors focused on satisfying the needs of a smaller segment of your audience.Examples of Undifferentiated marketing:
Colgate.Coca-Cola.General Motors.Persil.M&M's.To sum it up, undifferentiated marketing is a strategy that fits companies that don’t segment their audience and address the entire target market by conveying one message to all people.
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In kentucky, under which of these is the seller obligated to pay the listing agent a commission if the agent is working under an exclusive agency agreement?
Under an exclusive right agreement, the seller obligated to pay the listing agent a commission if the agent is working under an exclusive agency agreement in Kentucky.
This agreement also requires the seller of the house to pay a commission to the broker in case they are planning to sell the house to someone. This agreement not only grants the broker exclusive rights to collect commission if their property gets sold but also enables the broker to function as an agent for the owner in negotiating the sale of a property.
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Firms are more likely to accept a special order for one of their products at a reduced price if?
Firms are more likely to accept a special order for one of their products at a reduced price if "excess capacity exists."
What are special order?The special order would be a purchase that the business did not plan for while creating its annual budget. This presents an additional chance to exceed sales targets in terms of revenue.
Some key points regarding the special order are-
Special orders frequently ask for a reduced price than what is usually provided and/or can incur additional expenses. Students frequently wish to ignore the order right away because of the cheaper price or lesser contribution margin. However, the purchase should be taken into consideration if it will result in more profit.Keep in mind that only a special order is one the business did not anticipate. The business must make sure there is extra capacity available to fulfill this request without jeopardizing the year's initial development plan.The consumer who requests the special order must not compete with current customers or the business, since this could lead to a decline in sales at regular pricing.To know more about the special order, here
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