If the economy is at Y1 as a result of expansionary monetary policy and no further policy is implemented, in the long run nominal wages will increase and shift the short-run aggregate supply curve to the left, which will decrease real output.
What does a monetary expansionary policy entail?Expansionary monetary policy, also referred to as loose monetary policy, expands the supply of money and credit to spur economic growth. A central bank may implement an expansionist monetary policy to lower unemployment and increase growth during challenging economic times.
What impact does monetary policy that is expansionary have?The use of a central bank's tools to boost the economy is known as expansionary monetary policy. As a result, demand rises, interest rates decline, and the money supply grows. Economic growth is accelerated. The exchange rate declines as a result of the currency's diminished worth.
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equity valuation models based on dividends, cash flows, and earnings have been the topic of many theoretical and empirical research studies in recent years. all of the following are true regarding evidence from these studies except
Equity valuation models based unexpected changes in earnings do not correlate with changes in stock prices.
The research on the predictive power of dividends for three equity valuation factors—net earnings, cash flows from operations, and abnormal net earnings—is expanded in this paper. The following conclusions are drawn on data collected from 264 firms that traded on the GCC Exchange between 2006 and 2016. In order to estimate future net earnings, cash flows from operations, and anomalous net earnings, present dividends must first be value-relevant. Second, over the near term as opposed to the long term, current payouts are superior forecasters of these qualities. Finally, cash flows from operations and anomalous net earnings provide greater incremental information when describing the dividend policy than future net earnings and cash flows from operations, respectively. The consequences of these findings for prospective investors are significant. to understand the connection
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Equity valuation models based unexpected changes in earnings do not correlate with changes in stock prices.
The research on the predictive power of dividends for three equity valuation factors—net earnings, cash flows from operations, and abnormal net earnings—is expanded in this paper. The following conclusions are drawn on data collected from 264 firms that traded on the GCC Exchange between 2006 and 2016. In order to estimate future net earnings, cash flows from operations, and anomalous net earnings, present dividends must first be value-relevant. Second, over the near term as opposed to the long term, current payouts are superior forecasters of these qualities. Finally, cash flows from operations and anomalous net earnings provide greater incremental information when describing the dividend policy than future net earnings and cash flows from operations, respectively. The consequences of these findings for prospective investors are significant. to understand the connection
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a data warehouse is a collection of data, gathered from many different databases, that supports business analysis activities and decision-making tasks. group of answer choices logical, operational physical, operational logical, transactional physical, transactional
A data warehouse is a collection of data, gathered from many different databases, that supports business analysis activities and decision-making tasks. group of answer choices logical, operational physical, operational logical, transactional physical, transactional.
What is a warehouse?A warehouse or warehouse supermarket is a food and grocery retailer that operates stores designed to offer significant discounts over traditional supermarkets. These stores offer a no-frills experience and well-stocked shelves with tons of merchandise. A warehouse is generally a building for storing things. Warehouses are used by manufacturers, importers, exporters, wholesalers, shipping companies, customs, etc. They are usually large, simple buildings in commercial areas on the outskirts of towns and villages. A building in which goods or goods are stored, stored, stored, etc., prior to distribution to retailers, etc. A wholesale business, formerly a large retail business warehouse or store.to learn more about warehouse from the given link :
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Jeff bezos awarded which singer the courage and civility award along with $100 million to be distributed to charities as she sees fit?.
Answer:
Dolly Parton
Explanation:
please help me with this!! thank you so much
The total balance of the account in 40 years is $65,714.90.
The amount that Raul contributed is $48,000.
The interest that Raul earned is $17,714.90.
Raul could have invested his money rather than saving his money. If he invested, the rate of return he would have earned would be higher.
What is the total balance?The amount of money that Raul has in his account would increase at a compound rate each month. Compound growth is when the amount that Raul saves and the interest he has earned increases in value each month.
The formula that can be used to determine the future value in Raul's account is:
Future value = Monthly deposit x annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
n = number of periods = number of years x compounding period = 40 x 12 = 480 r = interest rate= 1.5% / 12 = 0.125%100 x [{(1.00125^480) - 1} / 0.00125}] = $65,714.90
Total amount contributed = monthly deposit x number of periods
100 x 480 = $48,000
Interest = future value - amount contributed
$$65,714.90 - $48,000 = $17,714.90
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TRUE/FALSE. many first-line managers fail to deal with problem employee behavior because of their discomfort with traditional disciplinary processes and their hesitancy to criticize others.
Many first-line managers fail to deal with problem employee behavior due to traditional disciplinary processes - True
Employee behavior is characterized as a person's response to a specific scenario at work. Employees must act responsibly at work in order to sustain a positive work environment as well as the respect and admiration of their coworkers. One must follow the rules and regulations at work. Nevertheless, supervisors frequently fail to address the unacceptable behavior of some employees.
This may be because supervisors are limited to employing established disciplinary procedures. The term "traditional discipline" refers to behavior control techniques that have been practiced in old systems for many years. The effectiveness of these tactics is frequently not supported by scientific evidence. To discipline staff, more severe methods are needed.
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anton is a salesperson at gf motors company ben, a customer, has an engine complaint with the car he purchased from gf motors. anton listened to his complaint and determined the facts in the complaint. which of the following should anton do to effectively respond to his customer in this scenario?
He should propose a solution and gain agreement that it is acceptable.
What is customer satisfaction?Customer satisfaction is defined as an indicator of how pleased customers are with a company's products, services, and capabilities. Customer satisfaction data, such as surveys and ratings, can assist a business in determining how to improve or change its products and services.Customer satisfaction is critical for any business to thrive. Anton is one of the Company's representatives, so he must present the Company in a favorable light to customers. One method is to pay attention to their grievances and attempt to solve and redress them in the same way that Anton should do in the preceding manner.Consistency, consistency, consistency are the three Cs of customer satisfaction.To learn more about customer satisfaction refer to :
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When it comes to financial aid, you definitely want to avoid any and all loans, but you can accept.
You can accept scholarships, loans, and work-study programs, but you should definitely avoid taking out any sort of debt when it comes to financial help.
What types of student loans are exempt from repayment?
Unless you fail to meet any applicable requirements, grants and scholarships do not need to be paid back.
It is not necessary to repay student employment because it is earned. Conversely, student loans need to be paid back, typically with interest. Subsidies and unsubsidies are both options for federal student loans.
Therefore, Although they're not usually required, student loans might offer much-needed funding when you're unable to pay for educational expenses.
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based on the hbs case disney the entertainment king, which we discussed in class, which of these anti-imitation mechanisms (imitation barriers) exist for disney and prevent its core competencies from being copied by competitors?
Based in the HBS case "Disney: The Entertainment King", anti-immitaion mechanisms or imitation barriers done by Disney to prevent its core competencies from being copied by competitors are:
Having diverse product lines and categoriesActively protects all of their creations and products with copyright lawReceive profits from each business categoriesIts business lines and categories are complementing each othersEach of its business lines connect with each other and only create values for its fansImitation is an easy way to compete with a company where competitors copy and replicate a company's product. Imitation is not an immediate action. Imitation consists of multi stages process to be taken over time. The imitation stages are:
RecognitionIncentivesDiagnosisAcquisitionDeploymentTo avoid being imitated by competitors, a company may prepare imitation barriers that may exist at each of imitation stage. For this discussion we will focus solely in Disney's case.
Barriers at Recognition Stage is a strategy where a company may hide its superior performance from its competitors to avoid competitors' notice and interests. However, in Disney case this barrier actually does not exist. Disney is already a big company and have several business lines. Hence to appear as an unconvincing company is almost impossible for Disney.
Barriers at Incentives Stage may come in 2 kind of barriers. The first barrier is called deterrence or a threat to punish any imitators. In Disney's case, Disney always make sure to protect all of its creation under copyright laws and will sue any parties who imitate or use their copyrighted products without Disney's permission.
The second barrier is preemption or locking up all profitable uses. Disney actively produce differe products line that are connecting with each other. Disney would produce their own movies, make games or merchandise based on the movies, building attraction spot based on the movies in Disney Lands, and distribute their movies through their own distribution channels such as ABC and Disney channel.
Barriers at Diagnostic phase makes competitors difficutl to diagnose a company's source of advantage. Disney create a compact business line and integrate their content to its creations. All of its business lines are producing great profits. For some period time, Disney movies was the great profit contributors, but for another time it was their Disney Lands line.
Barriers at Acquisition Stage is deeply related to a company's culture and values. Disney is known to aim to provide people with their magical world. Hence, Disney fully integrates their business lines in its magical world. From its movies, merchandise, including experiences offered in Disney Lands.
Barriers at Deployment Stage allows a firm to make sure that they are only valuable in combination with other resources or activities. Disney provides overall experience for its loyal fans. Fans are able to enjoy their movies, purchasing their merchandises, and experiencing their attraction in Disney Lands. Disney's merchandise or attraction spot in Disney Land might be less valuable for those who has no interests in Disney's movies.
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a code of ethics: group of answer choices outlines the mission and values of a company. encourages value-laden decision making. sets a standard for professional conduct. all of the above
A code of ethics outlines the mission and values of a company, encourages value-laden decision making and sets a standard for professional conduct. The correct option is the last one.
What is ethics?Ethics which is also called moral philosophy is a branch of philosophy that involves systematizing, defending and recommending concepts of right and wrong behaviour. The field of ethics, along with aesthetics, concerns matters of value and these fields comprise the branch of philosophy called axiology.
Ethics seeks to resolve questions of human morality by defining concepts such as good and evil, right and wrong, virtue and vice, and justice and crime.
As a field of intellectual inquiry, ethics is related to the fields of moral psychology, descriptive ethics, and value theory.
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n november the labor force in siouxtown, was 14,800. there were 14,483 persons employed. the local unemployment rate: was 1.2%. was 2.1%. was 5.6%. was 7.1%.
The local unemployment rate was 2.1%. Unemployment Rate: the percentage of unemployed people divided by the labour force. The unemployment rate is the proportion of people in the labour force who are out of work.
As a result, calculating the unemployment rate necessitates determining who is in the labour force. People in the labour force are either employed or unemployed. Cyclical unemployment is caused by low consumer demand. When demand falls, businesses lose too much profit. They must lay off workers if they do not expect sales to improve anytime soon. Higher unemployment reduces consumer demand even further, which is why it is cyclical.
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the belief that leaders influence their followers' perceptions of their work goals and their path in attaining them is known as blank theory.
The belief that the leaders influence their followers' perceptions of their work goals and path in attaining them is known as the path-goal theory.
What is path-goal theory?Robert House, an Ohio State University graduate, established the path-goal theory in 1971 and refined it in 1996. It is also known as the path-goal theory of leader effectiveness or the path-goal model. According to the hypothesis, a leader's actions are influenced by how well his or her subordinates are performing, feeling satisfied, and motivated. The new version also makes the case that the leader acts in ways that both strengthen subordinates' skills and make up for their weaknesses. The task-oriented components of the path-goal paradigm, in Robert House and John Antonakis' opinion, might be categorized as an instance of instrumental leadership. The first hypothesis holds that a manager's role should primarily involve assisting employees in selecting the optimal routes to both their personal and organizational goals.
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Companies usually offer a product line instead of just one product to:
A. appeal to similar consumer markets
B. tailor their offerings more closely to consumer wants
C. meet the competition
D. reduce their marketing costs
A. appeal to similar consumer markets
B. tailor their offerings more closely to consumer wants
C. meet the competition
Companies usually offer a product line instead of just one product to:
A. appeal to similar consumer markets
B. tailor their offerings more closely to consumer wants
C. meet the competition
Product line:
In economics, product line refers the group of related products all marketed under a single brand name that is sold by the same company.
Given,
Here we need to find the reason behind the companies that usually offer a product line instead of just one product.
As per the definition to the product line, instead of sell one product, it will sold many product under one brand because of the consumer markets and also meet the competition.
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Required: a. Compute gross profit, the goods available for sale, and the cost of goods sold for the merchandiser. Hint: Not all information may be necessary. b. Use the above information from a service company and from a merchandiser to compute net income.
The overall cost incurred by the business entity in the items preserved as finished goods is defined by the cost of goods offered for sale. The starting inventory and closing inventory are used in the calculation.
What exactly do you mean by "business"?
The term "business" designates an innovative person, group, or organization that engages in commercial activity. They might be business-related, industrial, or something else. While non-profit organizations pursue a philanthropic goal, for-profit ones operate with the goal of making a profit.
What is the best type of business?
However, forming a company is more expensive than using another type of structure. Corporations provide the strongest protection for their owners from personal liability. The record-keeping, operational procedures, and reporting requirements for companies are also more extensive.
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a deposit was made on november 29 and the bank statement was printed on november 28. how would the deposit be listed on the bank reconciliation?
A deposit in transit is the deposit listed on the bank reconciliation.
In accounting, reconciliation is the system of making sure that units of records (typically the balances of two debts) are in a settlement. Reconciliation is used to make certain that the cash leaving an account suits the real cash spent. this is finished by ensuring the balances match on the top of a specific accounting duration.
typically regularly occurring accounting standards (GAAP) are hard and fast accounting principles, procedures, and standards that corporations use in an effort to assemble their financial statements. GAAP states that the purpose of account reconciliation is to provide accuracy and consistency in financial bills. To make certain all coins outlays and inlays fit between cashflow statements and income statements it is important to perform reconciliation debts. Accounting software is certainly one of the tools that groups use to carry out this method consequently getting rid of mistakes and consequently making correct decisions based on monetary facts. Reconciliation of accounts determines whether transactions are in the best place or must be shifted into a special account.
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Countries differ significantly in their cultures, politics, laws, and economies. International managers must work to understand these differences and to incorporate their understanding into market- and site-selection decisions. Which of the following steps of the market screening process involves an evaluation of the government bureaucracy?
A) identification of basic appeal of a market
B) assessment of the national business environment
C) measurement of market or site potential
D) selection of the market or site
Assessment of the national business environment.Segmentation and market target strategies are needed for the foreign market selection procedure.
What is market screening process?The procedure of gathering pertinent data regarding a tradeable asset in order to establish a fair price for the asset.used primarily to prevent the creation of a negative transaction.To determine whether a company's operations support a stock price, for instance, an investor might perform market screening.Four steps make up the screening procedure:determination of a market's fundamental appeal.evaluation of the business environment on a national level.the potential of the market or the location choose the store or location.a method for evaluating markets based on how well they align with the company's core competencies and strategic goals.To learn more about market screening process refer
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A recent trend in commercial leases is for tenants to negotiate a cap on the amount of certain operating expenses they are required to reimburse the landlord. Such caps are usually negotiated on operating expenses thought to be at least partially controllable by the owner. Which of the following would typically be considered an operating expense controllable by the owner?
A. General maintenance
B. Property taxes
C. Insurance payments
D. Utility expenses
A. General maintenance would typically be considered an operating expense controllable by the owner.
Negotiations between the tenants and owners of property depend on terms that are acceptable both to the tenant and the owner of a property while signing for a lease.
The tenants often negotiate a cap on the operating expenses of land that is commercial. It depends on the landlord what level of negotiations are acceptable to him.
Among the operating expenses, general maintenance is such an operating expense upon which the owner or landlord has an edge. He can control the amount he wants for general maintenance of the property.
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What term is used to identify a form of outsourcing in which services are provided by an organization whose employees are in a foreign country?.
Offshoring is the term used to identify a form of outsourcing in which services are provided by an organization whose employees are in a foreign country.
What is the meaning of Off-Shoring?Offshoring is the procedure by which a commercial operation, including manufacturing, or a supporting operation, such as accountancy, from one nation to another. Offshoring is typically associated with a corporation, though individual states may also use it.
Offshoring is the process of moving operations or ownership of an entire operation to a nation other than the one (or nations) in which the company requesting the services is based.
Offshoring is the process of outsourcing operations abroad, typically by businesses from rich nations to less developed nations, to lower operating costs.
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what is the consequence of asymmetric information? hint: a phrase with two words. seller a is trying to sell car x. she knows that x is worth of $10,000 and she sells it at $10,000. we define a good car as its value equals its price. seller b is trying to sell car y. she knows that y is worth of $8,000 but the buyers wouldn't know so she sells it at $10,000. we define a bad car as its value less than its price. buyer c wants to buy a car but she is suspicious about the quality of both car x and y because she does not possess the information from the sellers. c is only willing to bid $8,000 for a car selling at $10,000. which car will be sold, i.e., which seller, a or b, would be happier to sell her car to c? imagine if this happens to every used car in the market. what kind of cars will only get sold, good or bad cars?
There is asymmetric information in the used-car market because buyers cannot distinguish between lemons and plums but sellers can.
What is information ?An information good is valued for the information it contains, not for the material from which it is made. A general example of an information good is a book. The paper and glue that make up the physical part of the book do not make up the price of the item. Information is what people can learn, know, and understand. For example, newspapers contain information about the world. Better information is believed to improve decision-making, increase efficiency, and give a competitive advantage to organizations that know more than their competitors. People utilize information to draw a meaning in a variety of situations. They may use the information as a tool to do something specific (for example, to learn a skill or achieve a goal). Information may also be used cognitively (such as generating ideas).To learn more about information from the given link :
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What is the name of the account where you can save money into it?.
The name of the account where you can save money will be saving account.
Savings accounts are one of the most straightforward methods to generate interest on your money. They provide better interest rates than traditional checking accounts while also making it simple to spend as well as withdraw funds.
Although there may be various types of bank deposits, the deposit account, term deposit account, or certificate of deposits seem to be the three more common.
Bank deposits are funds entrusted in financial institutions for safety. Those deposits were made into deposit accounts including such savings, examining, as well as money market accounts.
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Flightline, the 4-year-old colt, was the talk of breeders’ cup weekend. How much is the horse, undefeated in six career starts, projected to fetch in his breeding career?.
Flightline. The Breeders' Cup weekend was all about the 4-year-old colt. The horse won the Breeders' Cup Classic by 814 lengths after going undefeated in six career starts. Flightline was valued at $184 million after owners sold a 2.5% stake in the horse for $4.6 million.
What is Horse Race?
Horse racing, the sport of racing horses at high speeds, primarily Thoroughbreds with a rider astride or Standardbreds pulling a conveyance with a driver.
These two types of racing are known as flat racing and harness racing, respectively.
The article quarter-horse racing describes racing on the flat with horses other than Thoroughbreds.
Horse racing is one of the oldest sports, and its basic concept has changed little over the centuries. It evolved from a simple contest of speed or stamina between two horses to a spectacle involving large fields of runners, sophisticated electronic monitoring equipment, and enormous sums of money, but its fundamental feature has always remained the same: the horse that finishes first wins.
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a pharmacy is currently hiring for an open pharmacist position. which candidate is most likely to be viewed the most favorably
Men and ladies answer gender stereotypes once designing, train, and apply for jobs. The term ceiling refers to a metaphoric invisible barrier that stops bound people from being promoted to managerial- and executive-level positions inside a company or business.
Androcentric bias happens once male expertise is treated because of the norm, whereas feminine realities aren't thought-about or relegated to the abnormal. In 1986, Shakeshaft and Hanson knew the amount of androcentric bias evident within the problems with instructional Administration Quarterly (EAQ) printed throughout the Seventies.
However, a career path that enables a mother to versatile or reduced work hours tends to slow or block advancement.
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a sales invoice for $5,200 was computed correctly, but by mistake was entered as $2,500 to the sales journal and posted to the accounts receivable master file. the customer remitted $2,500 for payment.
Accounts receivable posts are managed using prelistings and predefined totals.
A sales journal is what?The sales diary keeps account of every credit-based sale made by the business. Usually, these sales consist of inventory sales or sales of other products. Remember that the sales diary only documents credit sales of products and inventory. The cash receipts journal records the cash sales of inventory.
What accounts are used to store the sales log?A sales diary entry records a customer sale for cash or on credit. It includes more information than just a breakdown of the transaction's financial costs. Changes to accounts like the Inventory, Sales Tax Payable, and Cost of Goods Sold should also be reported.
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which element of integrated marketing communications includes encouraging the press to cover positive stories about companies and managing unfavorable rumors, stories, and events?
The element of integrated marketing communications includes encouraging the press to cover positive stories about companies and managing unfavorable rumors, stories, and events is: public relations.
What is public relations?
Public relations can be defined as a form of communication that help to build relationship that are beneficiary between a company and the public at large.
One of the advantage of public relations is that it help to maintain and manage the customers reputation and it as well help to encourage the press to cover stories that are positive.
Therefore this is a public relations.
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in a hierarchical model a. an owner (parent) record may own just one member (child) record b. the way to access data is by following a predefined data path c. a member (child) record may have more than one owner (parent) d. links between related records are implicit
The way to access data is by following a predefined data path.
What is meant by hierarchical database model ?A data model in which the data are arranged in a tree-like form is called a hierarchical database model. The information is kept in records that are linked to one another through links. A record is a group of fields, each of which has a single value. Which fields a record includes are determined by the type of the record.Each child record must have a single parent according to the hierarchical database architecture; however, each parent record may have one or more children. A hierarchical database's whole tree must be traversed beginning at the root node in order to obtain data from it. This model, developed by IBM in the 1960s, is acknowledged as the first database model.Learn more about hierarchical database model refer to :
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in modern economies, (fill in the blank) receive money from savers and provide funds to borrowers.
In contemporary economies, financial intermediaries transfer funds from savers to borrowers.
A Financial Intermediary: What Is One?A bank, investment group, mutual fund, or pension scheme are examples of organizations that serve as the middleman among two parties involved in a financial transaction. Financial intermediaries are organizations that include financial firms, investment banks, managed funds, and pension plans.
What function do financial intermediaries primarily serve?In most cases, financial intermediates function as middlemen in transactions involving banks or funds. These middlemen lower transaction costs and contribute to the creation of efficient markets. While intermediaries may offer leasing or financing services, they do not take public deposits.
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Depreciation: an accounting process that recognizes certain types of property decline in value over time due to wear and tear or obsolescence and recognizes this property must eventually be replaced.relevance: relevance to earnings is hard because it is malleable.Companies can raise or lower its reported earnings by using the latitude of assuming shorter or longer average lives for its depreciable assets.
Depreciation is the estimated decrease in value of fixed assets over the course of a fiscal year.
What is meant by depreciation?Depreciation is the estimated decrease in value of fixed assets over the course of a fiscal year. Large lump sum purchases are made for tangible things like real estate, machinery, vehicles, and so forth.
Due to usage, deterioration, or obsolescence, an asset loses value over time. The unit of measurement for this drop is depreciation. Depreciation is the measurement for this decline. Depreciation, or a decline in asset value, can be brought on by a variety of additional factors, such as unfavorable market conditions, etc.
What is the argument against depreciation's applicability?Relevance to earnings is hard because it is malleable. Companies can raise or lower its reported earnings by using the latitude of assuming shorter or longer average lives for its depreciable assets.
The complete question is : What is depreciation and what is the objection to the relevance of depreciation when calculating earnings?
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Your organization wants employees to be less offensive, and it asked you to evaluate its diversity training program using an internal criterion. Three of the following questions would accomplish this goal. Which question does NOT represent an internal criterion?
Group of answer choices
Did trainees' behaviors related to diversity improve once they were back working at their jobs?
Did trainees enjoy the training?
Would trainees recommend the training to other employees?
Did trainees learn the training material?
Part of Sharon’s job is to check applicants’ references and do background checks. When would you recommend that Sharon do this?
Group of answer choices
30 days after an employee starts the job.
Only when an applicant is identified as a finalist for the job.
Immediately after an applicant submits an application or resume.
Only when Sharon believes that the information provided by an applicant is suspicious.
According to the findings, organisations in the top quartile with gender-diverse executive teams were 21% more likely than their industry peers to experience above-average profitability.
Organizations with ethnic and culturally diverse leaders outperform their peers by 33%.
Diversity training is effective when it: Establishes an inclusive, rather than divisive, company culture. Instead of simply "tolerating" different approaches that result from diverse employees, respects, seeks out, and embraces them. Attempts to build true understanding by going beyond a list of dos and don'ts.
A diverse workforce requires more than an HR seminar or workshop. When done correctly, there are real benefits to workplace diversity. More diverse workforces, for example, have been shown to be more creative, faster problem solvers, more innovative, and better decision makers. Yes, he or she will
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implementation of the marketing concept requires a firm to obtain information on what customers' needs are and how those needs are being met by products currently on the market.
"Implementation of the marketing concept requires a firm to obtain information on what customers' needs are and how those needs are being met by products currently on the market." This statement is True.
information is a summary idea that refers to that which has the strength to inform. on the most fundamental degree data pertains to the interpretation of that which can be sensed. Any natural manner that isn't always absolutely random and any observable pattern in any medium may be said to deliver some amount of statistics. while digital alerts and other records use discrete symptoms to carry records, different phenomena and artifacts which include analog alerts, poems, pics, track or different sounds, and currents convey data in a greater continuous shape.[1] records is not know-how itself, however, the meaning that can be derived from a representation through interpretation.
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a company like apple generates so much online commentary that it would be too labor-intensive to monitor it all. but apple still wants to be on the lookout for negative press. it should therefore
A company like apple generates so much online commentary that it would be too labor-intensive to monitor it all. But apple still wants to be on the lookout for negative press. It should therefore actively monitor crucial alerts like "Apple + fraud and "Apple + scam ."
A process or industry is referred to as being labor-intensive if it uses a lot of work to create its products or services. All expenses related to acquiring the human resources needed to execute work are included in labor costs.
A process or industry where labor expenditures account for a bigger share of overall costs than expenses for the acquisition, upkeep, and depreciation of capital equipment Examples of industries that need a lot of labor include agriculture, construction, and coal mining.
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timothy, a non-merchant, enters into a contract with phil's pipe company, a merchant. under the ucc, what is timothy's good faith obligation?
A broad duty of good faith is imposed by the Uniform Commercial Code (UCC), which also renders unconscionable contracts and provisions of contracts invalid.
All sales contracts must adhere to UCC, and merchants have additional responsibilities.
The "default stance" under UCC is that parties are allowed to include anything they desire in their contract, subject to certain restrictions.
Of course, Article 2 of the UCC contains provisions governing a party's obligations with regard to an offer, acceptance, fulfillment of a sales contract, and other matters.
However, it also places the parties under some general obligations. Here, two specific violations are identified: the first relates to unfair contract conditions, and the second, to requirements placed on merchants.
Every contract or duty covered by this Act is required to be performed or enforced in good faith, according to UCC Section 1-203. According to Section 2-103(j), "honesty in reality and the observance of acceptable commercial standards of fair dealing" are the definitions of good faith.
The common law, which "imposes a duty of good faith and fair dealing onto the parties in performing and enforcing the contract," holds something similar to this.
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