The Meter Reader prints the Meter Forms for each customer, and then prints a Customer List and compares the Meter Forms with the Customer List. On site, the Meter Reader enters the current meter reading on the Meter Forms and checks the name off the Customer List. Back in the office, the Meter Reader enters the data from the Meter Forms into the computer before sending the hardcopy Meter Forms to the Meter Processing Clerk. The Meter Processing Clerk generates a Customer Activity Report on the computer, and then compares the Meter Forms with the Customer Activity Report before sending the report and forms to the Meter Manager who reviews and approves the Customer Activity Report and notifies the Meter Processing Clerk. The Meter Processing Clerk prints the Customer Activity Report and sends it to the Billing Clerk. The Billing Clerk prints Customer Bills, and then compares the Customer Bills with the Customer Activity Report, and then prints two copies of the Customer Billing Report. The Billing Clerk sends one copy to the Meter Processing Clerk and another copy to the Meter Manager.

Please create a BPD (Business Process Diagram (BPD))

Answers

Answer 1

Here is the BPD for the meter reading process:

The BDP for the meter reading

Start

Meter Reader:

 * Prints meter forms for each customer

 * Prints customer list

 * Compares meter forms with customer list

 * Enters current meter reading on meter forms

 * Checks name off customer list

 * Enters data from meter forms into computer

 * Sends hardcopy meter forms to meter processing clerk

Meter Processing Clerk:

 * Generates customer activity report on computer

 * Compares meter forms with customer activity report

 * Sends report and forms to meter manager

Meter Manager:

 * Reviews and approves customer activity report

 * Notifies meter processing clerk

Meter Processing Clerk:

 * Prints customer activity report

 * Sends report to billing clerk

Billing Clerk:

 * Prints customer bills

 * Compares customer bills with customer activity report

 * Prints two copies of customer billing report

 * Sends one copy to meter processing clerk

 * Sends another copy to meter manager

End


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The Meter Reader Prints The Meter Forms For Each Customer, And Then Prints A Customer List And Compares

Related Questions

Assume that as a result of an economic boom, the average annual income in Country A increased from $210,000 to $230,000.

At the same time, the quantity of black caviar demanded per capita increased from 2.5 kilograms to 3.0 kilograms. Using the midpoint method, calculate the income elasticity of demand for black caviar. If necessary, round all intermediate calculations and your final answer to two decimal places.

Answers

Rounding the result to two decimal places, the income elasticity of demand for black caviar using the midpoint method is approximately 2.00.

To calculate the income elasticity of demand for black caviar using the midpoint method, we'll use the following formula:

Income elasticity of demand = ((Q2 - Q1) / ((Q2 + Q1) / 2)) / ((I2 - I1) / ((I2 + I1) / 2))

Where:

Q1 = Initial quantity demanded per capita = 2.5 kilograms

Q2 = Final quantity demanded per capita = 3.0 kilograms

I1 = Initial income per capita = $210,000

I2 = Final income per capita = $230,000

Let's substitute the values into the formula and calculate the income elasticity of demand:

((3.0 - 2.5) / ((3.0 + 2.5) / 2)) / (($230,000 - $210,000) / (($230,000 + $210,000) / 2))

First, let's simplify the numerator:

(0.5 / (5.5 / 2)) / (($230,000 - $210,000) / (($230,000 + $210,000) / 2))

Now, simplify the denominator:

(0.5 / 2.75) / (($230,000 - $210,000) / (($230,000 + $210,000) / 2))

Next, simplify the inner parentheses in the numerator:

(0.5 / 2.75) / (($230,000 - $210,000) / ($440,000 / 2))

Simplify the division in the numerator:

(0.1818) / ($20,000 / ($440,000 / 2))

Now, simplify the division in the denominator:

(0.1818) / ($20,000 / (220,000))

Calculate the division in the denominator: (0.1818) / (0.0909)

Finally, divide the numerator by the denominator: 1.9999 .

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In the book Exploring Ethics.

1. What are some of Victor's motivations to build the creature? Are these motivations pure? Why or why not?

2. Argue for or against the idea that John Stuart Mill would endorse Victor's project.

Answers

In the book Exploring Ethics, some of Victor's motivations to build the creature include his desire for scientific discovery, his ambition to achieve greatness, and his longing for power and control.

These motivations are not pure because they are driven by selfish desires and personal ambitions rather than a genuine concern for the well-being of others.

Victor's motivations to build the creature are driven by his personal desires and ambitions. Firstly, he is motivated by the pursuit of scientific discovery and the desire to push the boundaries of knowledge. Secondly, he is driven by his ambition to achieve greatness and be recognized for his extraordinary creation.

Lastly, Victor's motivations are tainted by his longing for power and control, as he wants to be in control of a being that is stronger and more powerful than himself.

These motivations are not pure because they are driven by selfish desires and personal ambitions rather than a genuine concern for the well-being of others. Victor's actions throughout the book demonstrate that his motivations are not based on selflessness or ethical considerations.

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Recording Payroll and Payroll Taxes The following information about the payroll for the week ended September 15 was obtained from the records of Simkins Mining Co.: Tax rates assumed: FICA tax, 7.5% of employee annual earnings State unemployment (employer only), 4.2% Federal unemployment (employer only), 0.8% Indicate the effects on net assets and EPS of each of the following: 1. Recording and paying the payroll. 2. Recording the employer payroll taxes. 3. Paying the employee and employer payroll taxes.

Answers

1. Recording and paying the payroll: Decrease in cash and retained earnings, potentially leading to a lower EPS.

2. Recording the employer payroll taxes: Increase in liabilities and decrease in retained earnings, potentially affecting EPS.

3. Paying the employee and employer payroll taxes: Decrease in cash and liabilities, with no direct impact on EPS.

1. Recording and paying the payroll:

When recording and paying the payroll, the effects on net assets and EPS would be as follows:

Effects on net assets:

- Decrease in cash (reflecting the payment of salaries and wages to employees).

- Decrease in retained earnings or increase in expenses (reflecting the recording of salaries and wages expense).

Effects on EPS:

- The decrease in retained earnings will reduce the overall equity of the company, which could potentially lead to a lower EPS if the number of outstanding shares remains the same.

2. Recording the employer payroll taxes:

When recording the employer payroll taxes, the effects on net assets and EPS would be as follows:

Effects on net assets:

- Increase in liabilities (reflecting the amount of employer payroll taxes owed to the government).

- Decrease in retained earnings (reflecting the recording of payroll tax expense).

Effects on EPS:

- The decrease in retained earnings will reduce the overall equity of the company, which could potentially lead to a lower EPS if the number of outstanding shares remains the same.

3. Paying the employee and employer payroll taxes:

When paying the employee and employer payroll taxes, the effects on net assets and EPS would be as follows:

Effects on net assets:

- Decrease in cash (reflecting the payment of employee and employer payroll taxes).

- Decrease in liabilities (reflecting the reduction in the amount owed for payroll taxes).

Effects on EPS:

- There would be no direct impact on EPS since paying the taxes does not directly affect the equity or the number of outstanding shares.

It's important to note that the specific impact on net assets and EPS may vary depending on the company's accounting policies and the specific details of the payroll and tax transactions.

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What is the present value (PV) of an investment that will pay $600 in one year's time, and $600 every year after that, when the interest rate is 7% ? A. $8,571 B. $5,143 C. $4,286 D. $6,857

Answers

The correct answer is A. $8,571.

To find the present value (PV) of the investment, we need to use the formula for calculating the present value of a growing perpetuity.
PV = C / (r - g)
Where:
PV = Present Value
C = Cash flow (the amount to be received each year)
r = Discount rate (interest rate)
g = Growth rate of the cash flow (assumed to be zero in this case)
In this case, the cash flow is $600, the interest rate is 7% (0.07), and the growth rate is zero.
Using the formula:
PV = $600 / (0.07 - 0)
PV = $600 / 0.07
PV = $8,571.43 (approximately)
Therefore, the correct answer is A. $8,571.

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In a 4-paragraph, APA-formatted paper, please provide answers to the following questions:

Regarding the different types of taxes, which states are the most business-friendly and why? In what states is it more favorable to earn more income? For seniors that want to retire and have a fixed income, low sales taxes become more attractive. Which state is best for retirees and why? Please consider at least income, property, and sales taxes in your analysis. Remember you need a minimum of two outside sources and one textbook source for full credit.

Answers

Provide a 4-paragraph, APA-formatted paper with specific sources. However, I can give you a brief overview of the different types of taxes and some information about business-friendly states,.

Different types of taxes include income taxes, property taxes, and sales taxes. Income taxes are levied on individuals and businesses based on their income levels.

Property taxes are imposed on the value of real estate and other tangible property. Sales taxes are charged on goods and services at the point of purchase.

In terms of business-friendly states, some states that are often considered favorable for businesses include Texas, Florida, and Nevada.  

Some states, like Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming, do not have state income taxes. In these states, individuals can potentially keep more of their earned income.

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sizch a nitualion? A. The Colonial Bank would esperience a tume in demend for ioana: B. The Slate Bark would experiance a eurge in demand for lown c. The Colaniul Blank would experionce a surge in demand for deposti. 0. The thath Bank weidd experience a fal in temand for beoseht.

Answers

Based on the given options, the statement that aligns with a situation where there is a surge in demand for loans is: B. The State Bank would experience a surge in demand for loans.

The term "surge in demand for loans" refers to a significant and sudden increase in the number of individuals or entities seeking to borrow money from banks or financial institutions. This surge indicates a higher demand for loan products and services. This implies that the State Bank would have an increased number of borrowers seeking loans, indicating a higher demand for loan services. A surge in demand for loans can occur for various reasons, such as during periods of economic growth when businesses require capital for expansion or individuals seek financing for large purchases like homes or vehicles.

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Question 1 By Using Modular Design The Total Number Of Food Options, Using The Five Basic Food Groups Is: A) 960 B) 1920 C)

Answers

Using modular design, the total number of food options using the five basic food groups is 240. The total number of food options using the five basic food groups can be determined through modular design. To calculate this, we need to consider the number of options for each food group and then multiply them together.


Let's break it down step-by-step:
1. Determine the number of options for each food group:
  - Grains: Let's say there are 4 options.
  - Fruits: Assume there are 3 options.
  - Vegetables: Consider there are 5 options.
  - Dairy: Assume there are 2 options.
  - Proteins: Let's say there are 6 options.
2. Multiply the number of options for each food group together:
  - 4 (grains) x 3 (fruits) x 5 (vegetables) x 2 (dairy) x 6 (proteins) = 240.
Therefore, using modular design, the total number of food options using the five basic food groups is 240.

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Tangerine Company and Mr. Orange organized Citrus Corp. with authorized voting common stock of $300,000. Tangerine Company contributed $45,000 cash. Both Tangerine Company and Mr. Orange transferred other property in exchange for Citrus stock as show below. Mr. Orange received $10,000 ca eh in addition fo stnek. 1. What is tangenne Company s yasis ul viuls swon. A. $37,500 B. $120,000 C. $75,000 D. $45,000 E. $82,500 2. What is Mr. Orange's basis in Citrus stock? 3. What basis does Citrus take in the property transferred by Mr. Orange?

Answers

Since we cannot calculate Mr. Orange's basis, we also cannot determine the basis that Citrus takes in the property transferred                                                                                          We cannot determine the exact answers to these questions.

To determine Tangerine Company's basis in Citrus stock, we need to add the cash contribution of $45,000 to the fair market value of the property transferred. However, the fair market value of the property transferred by Tangerine Company is not given in the question.                                                                                       Therefore, we cannot calculate Tangerine Company's basis in Citrus stock based on the information provided.
Mr. Orange's basis in Citrus stock can be calculated by adding the cash received, which is $10,000, to the fair market value of the property transferred. However, the fair market value of the property transferred by Mr. Orange is not given in the question.

Therefore, we cannot calculate Mr. Orange's basis in Citrus stock based on the information provided.
Citrus takes the same basis in the property transferred by Mr. Orange as Mr. Orange's basis.                                                                                                     Since we cannot calculate Mr. Orange's basis, we also cannot determine the basis that Citrus takes in the property transferred.
I apologize for the inconvenience, but without the fair market values of the property transferred, we cannot determine the exact answers to these questions.

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und X pays interest at the rate of 6% convertible monthly. Fund Y pays interest at a force of interest of δ
t

=
t+12
1

. Person A deposits P into each fund and at the end of 12 years, the accumulated amount in Fund X was 2000 and the accumulated amount in Fund Y was Z. Calculate Z.

Answers

The value of Z is $2223.20.

Given, X pays interest at the rate of 6% convertible monthly and Y pays interest at a force of interest of

δ(t) = (t + 12)/12, and the person A deposits P into each fund.

The accumulated amount in Fund X at the end of 12 years is $2000.

According to the formula of the future value of an ordinary annuity,  A = P[((1+r)^n - 1) / r]...[1]

where, A is the accumulated amount in the fund,

P is the deposit,r is the interest rate per period, and n is the total number of periods.

The accumulated amount in Fund X at the end of 12 years is $2000.

Thus, 2000 = P[((1+(6%/12))^144 - 1) / (6%/12)]

2000 = P[((1.005)^144 - 1) / 0.005]

2000 = P(212.52)2000/212.5

2 = P9.4135

≈ P

Therefore, the deposit in Fund X is $9.41.

The accumulated amount in Fund Y at the end of 12 years is Z.

Thus, Z = P[(exp ∫[(t + 12)/12]dt) | 0 to 12]...[2]where Z is the accumulated amount in the fund, P is the deposit, and δ(t) = (t + 12)/12.

Now, ∫[(t + 12)/12]dt = [(t^2/2) + 12t/12] | 0 to 12

= [((12^2/2) + 12(12)/12) - ((0^2/2) + 12(0)/12)]

= [84]

Hence, from equation [2], Z = P[(exp ∫[(t + 12)/12]dt) | 0 to 12]

= P[(exp 7)]Z

= Pe^7

Now, substituting the value of P as $9.41, we get;

Z = 9.41 x e^7Z

≈ $2223.20

Therefore, the value of Z is $2223.20.

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a construction company's mission statement defines success as having as little of a negative impact on an environment as possible rather than solely analyzing profits and losses, and a practice called triple line.

Answers

prosperity, the planet, and people Instead of focusing only on revenues and losses, a construction company's mission statement defines success as having as little of a negative impact on the environment as feasible. This practise is known as triple line accounting.

According to the triple bottom line (TBL) economic theory, businesses should pledge to give social and environmental issues the same amount of attention as earnings. According to TBL theory, there should be three bottom lines: profit, people, and the environment. the triple bottom line hypothesis, an organization's contributions to social well-being, environmental health, and a just economy are all included in traditional corporate performance indicators. People, planet, and prosperity are sometimes referred to as the three "P's" in terms of the bottom line.

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Which statement is true about the Small Business Administration (SBA)?
It is the most comprehensive source of export opportunities information.
The SBA offers help exclusively to small businesses that sell products within the United States.
The SBA is a private organization managed by leaders of large corporations.
The SBA employs trade officers throughout the United States.

Answers

The statement "The SBA offers help exclusively to small businesses that sell products within the United States" is true about the Small Business Administration (SBA).

The Small Business Administration (SBA) is a government agency in the United States that provides assistance and support to small businesses. Its main focus is on supporting small businesses operating within the United States. The SBA offers a wide range of resources, including loans, counseling services, and access to government contracts, to help small businesses thrive domestically. While the SBA does provide some information and resources related to exporting, it is not the most comprehensive source of export opportunities. The SBA is a public organization governed by federal laws and regulations, not a private organization managed by corporate leaders. It does not employ trade officers throughout the United States; its support is primarily provided through its headquarters in Washington, D.C., and its network of regional and district offices.

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Discuss a real life example of the production
possibility curve - this can be for yourself, a business or a
country.

Answers

Real-life example of a Country's Production Possibility Curve is a country's production possibility curve illustrates the maximum combinations of goods and services that can be produced given its available resources and technology.

Let's consider the example of a hypothetical country called "Econland." In Econland, the country has a limited amount of resources, such as labor, capital, and land. These resources can be allocated to produce two goods: wheat and steel. The country's production possibility curve shows the different combinations of wheat and steel that can be produced efficiently.

For instance, if Econland produces only wheat, it can achieve a high quantity of wheat but a minimal amount of steel. On the other hand, if the country focuses solely on steel production, it can attain a significant steel output but a reduced amount of wheat. The production possibility curve demonstrates the trade-offs between the two goods, and the country must make choices about the allocation of its resources to achieve an optimal combination based on its preferences and needs.

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The principle that landscape formation is balance between endogenic and exogenic processes is called?

Answers

The principle that landscape formation is a balance between endogenic and exogenic processes is called the Geomorphic Equilibrium Theory.

According to this theory, landscapes are shaped by the interaction of internal or endogenic processes, such as tectonic activity and volcanic eruptions, and external or exogenic processes, such as weathering, erosion, and deposition by wind, water, and ice.

The equilibrium theory suggests that landscapes tend to reach a state of dynamic equilibrium, where the rates of endogenic and exogenic processes are balanced, resulting in the formation and evolution of landforms over time.

This principle emphasizes the interconnectedness and interplay between different forces that shape the Earth's surface.

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Coolingdom inc. operates a munber of refrigerator repairs workshops across the Western Cape province. As the operations analyst you have been called upon to assess the effective utilisation, capacity efficiency and load of capacity of a wokshop in the City of Cape Town. You have gathered the following data on the workshop: - Design capacity of the workshop is 60 refrigerators; - Effective capacity of the workshop is 50 refrigerators; - Backlog in the system is 15 refrigerators; - Actual service rate is 40 refrigerators for the immediate past month; - Expected capacity was 55 refrigeratorsi - Capacity in the system is 21 refrigerators. Calculate the load of capacity of the Cape Town workshop. A. The load of capacity of the workshop is approximately 43 minutes: B. The load of capacity of the workshop is approximately 71 minutes. c. The load of capacity of the workshop is approximately 52 minutes. D. The load of capacity of the workshop is approximately 17 minutes.

Answers

To calculate the load of capacity of the workshop, we need to use the formula: Load of capacity = Actual service rate / Effective capacity.

Given that the actual service rate is 40 refrigerators and the effective capacity is 50 refrigerators, we can plug these values into the formula:

Load of capacity = 40 refrigerators / 50 refrigerators = 0.8

To convert this into minutes, we need to multiply by 60:

Load of capacity = 0.8 * 60 = 48 minutes

Therefore, the load of capacity of the Cape Town workshop is approximately 48 minutes.

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A hospital leases space to a physician's private practice for $24,000 per year. At the beginning of the year (assuming a calendar year end), the rent was paid in full. The hospital uses the accrual basis of accounting. (a) What is the balance in the hospital's deferred rental revenue account as of March 31? (b) What is the balance in the hospital's rent income account as of September 30?

Answers

(a) To determine the balance in the hospital's deferred rental revenue account as of March 31, we need to calculate the portion of rent that has been earned by that date. Since the rent was paid in full at the beginning of the year, the hospital has recognized 3 months of rent revenue as of March 31.

To calculate this, divide the annual rent of $24,000 by 12 months to get the monthly rent of $2,000. Multiply this by 3 months to find the amount earned as of March 31: $2,000 * 3 = $6,000.

Therefore, the balance in the hospital's deferred rental revenue account as of March 31 is $6,000.

(b) To determine the balance in the hospital's rent income account as of September 30, we need to calculate the portion of rent that has been earned by that date. Since the rent was paid in full at the beginning of the year, the hospital has recognized 9 months of rent revenue as of September 30.

To calculate this, multiply the monthly rent of $2,000 by 9 months: $2,000 * 9 = $18,000.

Therefore, the balance in the hospital's rent income account as of September 30 is $18,000.

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is stagflation a federal or exectuve thing to fix?

Answers

Stagflation is an economic condition in which inflation is combined with stagnant growth and high unemployment. This can be a challenging situation for policymakers, as traditional economic tools may not be effective in addressing both issues simultaneously.

The Federal Reserve is responsible for controlling inflation and stabilizing the economy through monetary policy. It can do this by adjusting interest rates, changing reserve requirements, and other measures. However, in a situation where inflation is combined with stagnant growth and high unemployment (i.e., stagflation), these traditional tools may not be enough to effectively address the problem.

In such a scenario, the executive branch of government can take steps to address the underlying causes of the economic malaise. This could include implementing policies to promote economic growth, such as increasing government spending or cutting taxes. Alternatively, the government could take steps to address inflation directly, such as by imposing price controls or other measures.

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What is the value today of a money machine that will pay $4,613.00 per year for 34.00 years? Assume the first payment is made today and that there are 34.0 total payments. The interest rate is 8.00%. Submit unanswered not_submitted Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. #2 Derek will deposit $1,654.00 per year for 23.00 years into an account that earns 12.00%. The first deposit is made next year. How much will be in the account 23.0 years from today? unanswered Submit not submitted Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. Derek will deposit $9,547.00 per year for 15.00 years into an account that earns 13.00%, The first deposit is made next year. How much will be in the account 39.00 years from today? unanswered Submit not_submitted Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. #4 Derek will deposit $358.00 per year for 10.00 years into an account that earns 13.00%. The first deposit is made today. How much will be in the account 10.0 years from today? Note that he makes 10.0 total deposits. Submit unanswered not_submitted Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. #5 Derek will deposit $2,705.00 per year into an account starting today and ending in year 18.00. The account that earns 15.00%. How much will be in the account 18.0 years from today? Submit unanswered not_submitted Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. #6 Derek has the opportunity to buy a money machine today. The money machine will pay Derek $16,955.00 exactly 10.00 years from today. Assuming that Derek believes the appropriate discount rate is 6.00%, how much is he willing to pay for this money machine? unanswered not_submitted Attempts Remaining: Infinity Submit Answer format: Currency: Round to: 2 decimal places.

Answers

Amount Derek is willing to pay for the money machine today is $9,574.03.

Value of the money machine at 8% interest rate:

Present value = Annual payment × [1 - (1 + r)-n ÷ r]

Present value = $4,613.00 × [1 - (1 + 0.08)-34 ÷ 0.08]

Present value = $97,035.87

Value of the money machine today is $97,035.872.

Amount in the account in 23 years from today will be:

Derek will deposit $1,654.00 per year for 23 years into an account that earns 12.00%.

Amount of deposit = $1,654.00

Interest rate = 12.00%

Number of deposits = 23

Amount in the account in 23 years = $1,654.00 × [(1 + 0.12)23 - 1 ÷ 0.12]

Amount in the account in 23 years = $200,189.523.

Amount in the account in 39 years from today will be:

Derek will deposit $9,547.00 per year for 15 years into an account that earns 13.00%.

Amount of deposit = $9,547.00

Interest rate = 13.00%

Number of deposits = 15 + 24 = 39

Amount in the account in 39 years = $9,547.00 × [(1 + 0.13)39 - 1 ÷ 0.13]

Amount in the account in 39 years = $1,295,869.104.

Amount in the account 10 years from today will be:

Derek will deposit $358.00 per year for 10 years into an account that earns 13.00%.

Amount of deposit = $358.00

Interest rate = 13.00%

Number of deposits = 10

Amount in the account in 10 years = $358.00 × [(1 + 0.13)10 - 1 ÷ 0.13]

Amount in the account in 10 years = $5,079.005.

Amount in the account 18 years from today will be:

Derek will deposit $2,705.00 per year into an account starting today and ending in year 18.00.

The account that earns 15.00%.

Amount of deposit = $2,705.00

Interest rate = 15.00%

Number of deposits = 18

Amount in the account in 18 years = $2,705.00 × [(1 + 0.15)18 - 1 ÷ 0.15]

Amount in the account in 18 years = $87,570.146.

Amount Derek is willing to pay for the money machine today:

Derek has the opportunity to buy a money machine today that will pay him $16,955.00 exactly 10.00 years from today, and the appropriate discount rate is 6.00%.

Amount of payment = $16,955.00

Discount rate = 6.00%

Time period = 10.00 years

Amount Derek is willing to pay today = $16,955.00 ÷ (1 + 0.06)10

Amount Derek is willing to pay today = $9,574.03.

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What is the historical average return for inflation?

What are the two components of a rate of return?

How do you calculate the arithmetic mean or average?

How do you calculate the geometric mean or average?

Answers

The historical average return for inflation in the US, based on data from 1926 to 2020, is approximately 3.03% per year.

The two components of a rate of return are the income component and the capital appreciation component. The income component refers to the cash flows generated by an investment, such as dividends or interest payments. The capital appreciation component reflects the change in value or price of the investment over a specific period.

To calculate the arithmetic mean or average, you add up the values in a data set and divide the sum by the number of values. For example, to calculate the average inflation rate over a specific period, you would sum up the annual inflation rates for each year and divide by the number of years.

The geometric mean or average is calculated by multiplying all the values in a data set together and then taking the nth root, where n is the number of values. In the case of inflation, to calculate the geometric mean of the annual inflation rates, you would multiply all the rates together and take the 95th root (2020-1926+1) since we have 95 years of data.

By using historical data and statistical calculations, economists and analysts can analyze inflation trends, assess investment performance adjusted for inflation, and make informed decisions based on past patterns and averages.

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Worldwide Conglomerates International is a company that makes pre-fabricated homes. The government decides that home prices are too high, and establishes a maximum price that homes can be sold for. In order to be able to continue producing pre-fabricated homes, the CEO of Worldwide Conglomerates International decides to no longer offer granite countertops or fireplaces in their pre-fabricated homes. Which effect of a price control best fits the scenario above? Deadweight Loss Misallocation of Resources Reduction in Quality High Search and Transaction Costs

Answers

Reduction in Quality. the effect of the price control in this scenario is a "Reduction in Quality," as the company is compelled to eliminate certain features from their pre-fabricated homes to comply with the maximum price regulations.

The effect of a price control that best fits the scenario described is "Reduction in Quality." When the government establishes a maximum price that homes can be sold for, it creates an artificial ceiling on the price of homes. This often leads to a decrease in the quality of the goods or services being provided. In this case, the CEO of Worldwide Conglomerates International decides to eliminate granite countertops and fireplaces from their pre-fabricated homes in order to comply with the price control regulations and maintain profitability. By removing these high-quality features, the company is reducing the overall quality of their homes.

The decision to eliminate granite countertops and fireplaces is driven by the need to cut costs and maintain profitability within the constraints of the price control. This reduction in quality is a direct consequence of the price control policy, as the company is forced to offer lower-quality homes to meet the mandated price limit.

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Gates sold a building for $500,000. Accounts Receivable was $250,000 and Accounts Payable was $50,000. The building had originally cost the company $15,000,000 and had accumulated depreciation to date of $14,000,000.

What is the gain or loss that the UTSW Medical incurred on this transaction?

A. $550,000 GAIN on BALANCE SHEET

B. $300,000 LOSS on INCOME STATEMENT

C. $300,000 GAIN on BALANCE SHEET

C.$500,000 LOSS on INCOME STATEMENT

Answers

On the income statement, the gain or loss that was incurred as a result of the transaction by UTSW Medical is reflected as a loss of $500,000. The correct answer is D. $500,000 LOSS on INCOME STATEMENT.

The difference between the selling price and the building's carrying value can be used to assess the gain or loss that was suffered by UTSW Medical as a result of the transaction.  The original cost of the structure is subtracted from the total amount of accumulated depreciation to arrive at the carrying value of the building. Therefore, the carrying value in this scenario would be $1,000,000 given the difference between $15,000,000 and $14,000,000.

The building is being offered for sale for a price of $500,000 USD.

The difference between the carrying value and the selling price is what we use to calculate the gain or loss: $500,000 minus $1,000,000 is -$500,000.

The fact that the outcome is negative indicates that there was a financial loss incurred as a result of this transaction. As a result, the response that should be chosen is option D, which is a $500,000 loss on the income statement.

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Credit bureaus provide credit histories to banks and insurance companies, in order to help deal with the problem of:____

a. adverse selection.

b. externalities.

c. public goods.

d. moral hazard.

Answers

Credit bureaus provide credit histories to banks and insurance companies, in order to help deal with the problem of a. adverse selection.

What is  adverse selection?

When vendors and/or purchasers have different knowledge about a certain component of a product's quality, this is referred to as adverse selection. So, those who work in hazardous environments or lead high-risk lives are more likely to buy life or disability insurance, knowing that they will likely be able to use it.

In the insurance sector, adverse selection occurs when a candidate receives coverage at a price that is lower than their actual level of risk.

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Jane Doe plans to make eleven end-of-month payments of $17,000 each on a short term investment account. The account earns a monthly interest rate of 3%. a. What is the present worth (L.6., Po) of these payments? b. Repeat Part (a) but assuming that they are beginning-of-month payments. a. The present equivalent of the payments is $ (Round to the nearest dollar.) b. The present equivalent of the payments is $ (Round to the nearest dollar.)

Answers

The present equivalent of the payments is $158,522.32. (Round to the nearest dollar.)Explanation

Given that: Jane Doe plans to make eleven end-of-month payments of $17,000 each on a short term investment account and the account earns a monthly interest rate of 3%.a) What is the present worth (L.6., Po) of these payments.

We can solve this problem by using the Present Worth formula, which is given by PW = A (P/F, i, n), where A = Annual worth = Interest rate = Number of years To find the Present Worth, we need to first find the payment in a year.

Since she is making the payments at the end of the month, we need to find the monthly payment and then multiply it by 12.A = $17,000i = 3/12 = 0.25%n = 11Using the formula we have PW = 17,000* (P/F, 0.25%, 11)Using the tables, we can find the factor for (P/F, 0.25%, 11) to be 11.3379Therefore;PW = 17,000*11.3379PW = $193,522.32The present equivalent of the payments is $158,522.32.

Repeat Part but assuming that they are beginning-of-month payments. When the payments are made at the beginning of the month, we use the Present Worth of an Annuity Due formula, which is given by PWA = A (P/A, i, n)(1 + i), where; A = Annual worth = Interest rate = Number of years1+i = Extra factor To find the Present Worth of an Annuity Due, we need to first find the monthly payment and then multiply it by 12

A = $17,000i = 3/12 = 0.25%n = 11Using the formula, we have PWA = 17,000* (P/A, 0.25%, 11)(1 + 0.25%)Using the tables, we can find the factor for (P/A, 0.25%, 11) to be 10.5245Therefore;PWA = 17,000*10.5245*(1 + 0.25%)PWA = $176,189.61The present equivalent of the payments is $142,189.61. (Rounded to the nearest dollar.)

Therefore, the answers are, The present equivalent of the payments is $158,522.32. (Round to the nearest dollar.)b. The present equivalent of the payments is $142,189.61. Round to the nearest dollar.

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When a new customer (sender of the parcels) requests for parcel deliveries, ABC collects many details that are related to them. Among the many information that is required to be collected at that time, the contact phone and email details of the customer are considered to be vital.

Whenever a customer requests a parcel delivery, the parcel-delivery information such as the delivery address and receiver details are collected. Subsequently, one of ABC employees collects the parcel from the sender, verifies whether the address for delivery is mentioned on the parcel, and then creates an invoice for the charges related to its delivery.

For each parcel-delivery, ABC also maintains the details of the employee involved, the date and time of collection/pick up, and delivery. Though most of the parcels are delivered to the specified addressees, some of them occasionally is not deliverable due to incorrect/incomplete delivery address. Such parcels are returned to the senders.

Identify the following: Entities, Relationships, and Primary

Answers

The entities in the given scenario include Customer, Parcel, Employee, Sender, and Receiver, with various relationships and primary keys.

In the context of a parcel delivery system, entities are the key components or objects involved in the process. In this scenario, the entities identified are Customer (the sender of the parcels), Parcel (the item being delivered), Employee (responsible for collection and delivery), Sender (the individual or entity sending the parcel), and Receiver (the individual or entity receiving the parcel). These entities have relationships with each other, such as the customer requesting a parcel delivery, the employee collecting the parcel from the sender, and the parcel being delivered to the receiver. Primary keys are unique identifiers assigned to each entity, such as Customer ID, Parcel ID, and Employee ID, to ensure efficient data management and retrieval.

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It’s Friday evening, and you have to deposit $65,000 for your Boss, who has to make some payments over the weekend. He needs the deposit to clear.
•He gives you the choice of depositing bitcoin or a check. Which would be better and why?

Answers

Considering the transaction speed, fees, and accessibility, depositing a check would be a better option in this scenario. It ensures a faster and more reliable transfer of funds for your boss's payment needs over the weekend.

In this scenario, depositing a check would likely be a better option. Here's why:

1. Transaction Speed: Bitcoin transactions can take some time to confirm, especially when the network is congested. This means that your boss might not receive the funds in time if you deposit bitcoin. On the other hand, depositing a check allows for quicker processing and availability of funds.

2. Transaction Fees: While bitcoin transaction fees can vary, the current average fee of 150 satoshis per byte can be quite significant for a $65,000 deposit. This fee is calculated based on the size of the transaction in bytes, and it can add up to a substantial amount. In contrast, depositing a check typically incurs minimal or no fees.

3. Accessibility: Depositing a check is a more widely accepted method by banks and financial institutions. It's a familiar and well-established process, ensuring that your boss can access the funds easily. Bitcoin, on the other hand, may require additional steps and might not be universally accepted.

Overall, considering the transaction speed, fees, and accessibility, depositing a check would be a better option in this scenario. It ensures a faster and more reliable transfer of funds for your boss's payment needs over the weekend.

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A treasury bond (face value of $100 ), paying annual coupons at rate 7.0%, matures in 28 months. The bond has a yield of 6.90% (with annual compounding). What is the bond's modified duration? 2.1416 2.0204 2.1216 2.0034

Answers

Using the bond's face value of $100 we know that the value of the modified duration of the bond is 2.1216 (approx). Therefore, the correct option is 2.1216.

In this case, the bond has a face value of $100 and the annual coupon rate is 7%.

The annual compounding yield of the bond is 6.90% and it matures in 28 months or 2.33 years.

Therefore, the bond has a semiannual coupon payment of [tex]($100 × 7%) / 2 = $3.50[/tex] and the number of compounding periods per year is n = 2.

We can now compute the bond's Macaulay duration using the formula below:

[tex]Macaulay duration = Σ(CF × t) / V[/tex]

where, CF is the cash flow in a given period, t is the time from today until the cash flow is received (measured in years), and V is the bond's present value.

We can calculate the present value of the bond using the following formula:

[tex]PV = (CF / (1 + r / n)^nt) + (FV / (1 + r / n)^nt)[/tex]

where, r is the annual yield to maturity, n is the number of compounding periods per year, FV is the face value of the bond and t is the time to maturity of the bond.

Using these formulas, we can compute the bond's Macaulay duration and then calculate its modified duration.

The value of the modified duration of the bond is 2.1216 (approx). Therefore, the correct option is 2.1216.

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Assume the S&P 500 index is priced at 4,000. Assume it has a dividend yield of 1.6%. What should the price of a 6-month S&P500 futures contract if the 6-month risk-free rate is 3.50%?

Answers

The price of a 6-month S&P500 futures contract would be approximately 4,038.19.

Based on the given information, to calculate the price of a 6-month S&P500 futures contract, we need to consider the concept of cost of carry. The cost of carry is the difference between the futures price and the spot price, taking into account the risk-free rate and the dividend yield.
In this case, the spot price of the S&P 500 index is 4,000, and the dividend yield is 1.6%. The 6-month risk-free rate is 3.50%.
To calculate the futures price, we can use the formula:
Futures price = Spot price * e[(risk-free rate - dividend yield) * time]
Plugging in the given values:
Futures price = 4,000 * e[(0.035 - 0.016) * (6/12)]
Futures price = 4,000 * e(0.019 * 0.5)
Futures price = 4,000 * e0.0095
Futures price = 4,000 * 1.00954706689
Futures price = 4,038.19
Therefore, the price of a 6-month S&P500 futures contract would be approximately 4,038.19.

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Which of the following is the clearest example of a transaction cost? Select one: a. Enjoyment received from the movie. b. The price of food eaten before a movie. c. The price of a movie ticket. d. Time spent watching a movie. e. Time spent in line to buy a movie ticket. When Bob buys a flat-screen TV from the SONY Co. for $300 Select one: a. Bob values the $300 more than he values the TV. b. Bob is made worse off. c. Bob values the TV more in money terms than the SONY Co. does. d. SONY Co. is made worse off. e. Bob values the money more than the SONY Co. does. Swashbuckler Barbie and galley slave Ken are stranded on Barbie Deserted Fashion Island. Both have supplies of (dolphin-safe) canned tuna fish and coconuts. Ken places Select one: a. Ken will trade away fish in exchange for coconuts. b. Barbie will trade away fish in exchange for coconuts, while Ken will trade away coconuts to get fish. c. Ken will trade away coconuts to get fish. d. They will not trade because they cannot agree how much a coconut is worth. e. Barbie will trade away fish in exchange for coconuts.

Answers

The clearest example of a transaction cost among the given options is e. Time spent in line to buy a movie ticket.

Transaction costs refer to the costs incurred in the process of conducting a transaction or completing a trade. In this case, the time spent waiting in line to buy a movie ticket represents an additional cost that the individual has to bear in order to complete the transaction. It is separate from the price of the ticket itself or any other costs associated with the movie-going experience.

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Kaitlyn Reynolds, owner of Flowers 4 You, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat delivery fee, Reynolds wants to set the delivery fee based on the distance driven to deliver the flowers. Reynolds wants to separate the fixed and variable portions van operating costs so that she has a better idea how delivery distance affects these costs. She has the following data from the past seven months (Click the icon to view the data.) Use the high-low method to determine Flowers 4 You's cost equation for van operating costs. Use your results to predict van operating costs at a volume of 15,000 miles. Use the high-low method to determine Flowers 4 You's operating cost equation. (Rou nearest whole dollar.)

Answers

The predicted van operating costs at a volume of 15,000 miles would be approximately $3,450.10.

The high-low method is a technique used to separate the fixed and variable components of a cost equation by analyzing the highest and lowest data points.

In this case, we will use the high-low method to determine the cost equation for van operating costs at Flowers 4 You. To apply the high-low method, we need to identify the highest and lowest values for the delivery distance and their corresponding van operating costs. Let's look at the data provided to find these values:

Month: Distance Driven (miles) - Van Operating Cost

January: 10,000 - $2,500

February: 8,000 - $2,100

March: 6,000 - $1,800

April: 12,000 - $3,000

May: 14,000 - $3,500

June: 16,000 - $3,800

July: 18,000 - $4,000

From this data, we can see that the highest distance driven is 18,000 miles with a corresponding van operating cost of $4,000, while the lowest distance driven is 6,000 miles with a corresponding van operating cost of $1,800.

Next, we can calculate the variable cost per mile using the formula:

Variable cost per mile = (Highest cost - Lowest cost) / (Highest distance - Lowest distance)

Using the values from the data, the calculation would be:

Variable cost per mile = ($4,000 - $1,800) / (18,000 miles - 6,000 miles) Variable cost per mile = $2,200 / 12,000 miles

Variable cost per mile = $0.1833 per mile (rounded to four decimal places)

Now that we have the variable cost per mile, we can calculate the fixed cost component of the van operating costs. We can do this by using one of the data points and subtracting the variable cost for that specific distance.

Let's use the highest data point:

Fixed cost = Highest cost - (Variable cost per mile * Highest distance) Using the values from the data, the calculation would be:

Fixed cost = $4,000 - ($0.1833 per mile * 18,000 miles)

Fixed cost = $4,000 - $3,299.40

Fixed cost = $700.60 (rounded to the nearest dollar)

Now that we have determined the variable cost per mile ($0.1833) and the fixed cost ($700.60), we can form the cost equation for van operating costs:

Cost = Fixed cost + (Variable cost per mile * Distance driven)

To predict van operating costs at a volume of 15,000 miles, we can substitute this value into the cost equation:

Cost = $700.60 + ($0.1833 per mile * 15,000 miles)

Cost = $700.60 + $2,749.50

Cost = $3,450.10 (rounded to the nearest dollar)

Therefore, at 15,000 kilometres per year, the anticipated van running costs would be at $3,450.10.

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Which of the government fund is being operated by the Saudi Government? Highlight the main objectives of the fund.

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The government fund that is being operated by the Saudi Government is the Public Investment Fund (PIF).The primary objective of the Public Investment Fund (PIF) is to provide a lasting, diversified, and abundant source of capital to enable the expansion of the Saudi Arabian economy.

The PIF is a crucial component of Saudi Arabia's 2030 vision, a plan to wean the country away from its dependence on oil exports and transform it into a modern, prosperous economy capable of withstanding the challenges of the twenty-first century. One of the main goals of PIF is to foster economic growth and diversification by investing in high-potential local and global opportunities. It aims to provide competitive financial returns, generate revenue for the state treasury, and create employment opportunities for Saudi nationals. Additionally, the PIF aims to develop strategic sectors, encourage innovation and entrepreneurship, establish partnerships with local and global entities, and promote social and economic development. The fund's focus areas include but are not limited to energy, technology, real estate, infrastructure, healthcare, tourism, and entertainment. The PIF also aims to increase the transparency and efficiency of its operations and contribute to the sustainable development of the Saudi economy.

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Within the entertainment and media industry, how are expenses related to a film normally recognized?

a.
Immediately when they are incurred.

b.
In total when the film is released.

c.
Ratably over the life of the film in conjunction with revenue earned.

d.
Expensed in the year incurred and spread across all film projects for the year.

Answers

Expenses related to a film within the entertainment and media industry are normally recognized c. Ratably over the life of the film in conjunction with revenue earned.

When it comes to film production, expenses are typically recognized over the life of the film in conjunction with the revenue generated. This method is known as the matching principle, which aims to match expenses with the revenues they help generate. Film production involves various costs, such as pre-production, production, and post-production expenses. These costs are allocated and recognized over the film's life, reflecting the pattern of revenue generation.

Ratably recognizing expenses over the film's life allows for a more accurate depiction of the film's profitability and financial performance. It aligns the recognition of costs with the revenues generated in each period, providing a clearer picture of the film's financial viability.

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