These statements are called programming.
Programming is the procedure of making a hard and fast of commands that tell a laptop a way to carry out a challenge. Programming can be finished using a spread of pc programming languages, together with JavaScript, Python, and C++.
Programming calls for amazing know-how of programming competencies and proper software program development equipment to manipulate them in a higher way.
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Answer:confusion matrix
Explanation:
A stock is expected to pay a dividend of $0.75 at the end of the year. The required rate of return is r_s = 10.5%, and the expected constant growth rate is g = 6.4%. Required: What is the stock's current price?
By applying the Gordon Growth model, you may resolve this:
Price of stock = Next dividend / (Required rate of return - Growth rate)
Solving the equation would give:
= 0.75 / (10.5% - 6.4%)
= 0.75 / 4.1%
= $18.29
The price of the shares is about $18.29 based on the dividend due at the end of the year.
The stock's current price is $18.29
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TRUE/FALSE. if a firm's projects differ in risk, then one way of handling this problem is to evaluate each project with the appropriate risk-adjusted discount rate
The assertion is True. If the correct risk-adjusted rate is not applied, the firm may reject low-risk projects while accepting high-risk projects.
What is risk-adjusted rate?A risk-adjusted discount rate is the rate obtained when calculating the present value of a risky investment by combining an expected risk premium with the risk-free rate. A risky investment is one that involves higher levels of risk, such as real estate or a business venture.It is calculated by taking the investment's return, subtracting the risk-free rate, and dividing the result by the standard deviation of the investment.It is used in Medicare Advantage to adjust the capitated payments made by the federal government to cover enrollees' expected medical costs.The risk-adjusted discount rate has two main advantages: it is simple to understand and it is a reasonable attempt to quantify risk.To learn more about risk-adjusted rate refer to :
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A high school choir is holding a fundraiser for its spring contest trip. The amount each student needs to raise varies as the number of students who participate in the fundraiser. If 50 students participate in the fundraiser, each student needs to raise $275. Use this information to complete the statements. This proportional situation represents variation. The constant of variation, k, is equal to. If all 100 students in choir participate in the fundraiser, each will need to raise.
This proportional situation represents inverse variation. The constant of variation, k, is equal to $13,750. If all 100 students in the choir participate in the fundraiser, each will need to raise $137.5.
1. Inverse variation is represented by the proportional situation.
This is due to the fact that, regardless of the number of pupils, the total amount they want to raise is the same. In mathematics, inverse variation refers to the relationships between variables expressed as y = k/x, where x and y are two variables and k is a constant. If the value of one item rises, the value of the other quantity falls. A variable is said to be inversely changing when compared to another variable. It illustrates how two quantities are inversely related to one another. As a result, one variable has an inverse relationship to another.
2. The variational constant K has a value of $13,750.
K = SA k = 50 * 275
K=$13,750
3. Every one of the choir's 100 pupils would need to contribute $137.5 if they all participated in the fundraising.
K = SA
A = K/S
A = 13750/100
A = $137.5
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cost allocated to each division if the manager uses the incremental method: case i: assumed that carpet is primary user. case ii:assumed that tile is primary user. case iii:assumed that vinyl is primary user. .
Incremental method , is used by manger for cost allocation the primary user play a vital role.
The primary user is tile in this case and other comes in additional Units not primary.
The term incremental method refers to the approach used to attribute bulk sales to one or more security classes. If the market value of a security is unknown, the Incremental method must first allocate the sale proceeds to securities of known market value. The rest will be allocated to securities of unknown value.
Incremental cost is the total cost of producing additional units of the product. Incremental costs are calculated by adding additional costs associated with the production process, such as: B. Raw materials are analyzed for additional production units. Understanding incremental costs can help companies improve production efficiency and profitability.
Additional Cost Allocation: The basic method of allocating additional costs is to assign primary users and additional or incremental users of the total cost.
Looking at the example above, the main user is product 'X', which is already manufactured in the factory and uses machinery and equipment. The new product added an additional cost to define 'X' as the primary user and 'Y' as the incremental user.
To determine the additional cost, calculate the difference between the cost of producing one unit and the cost of producing two units.
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Which of these was a cause of the savings and loan crisis?.
Federal deposit insurance, which was extended to S&Ls in 1934, was the foundation reason behind the S&L crisis. Deposit insurance was actuarially unsound from its origination, primarily as a result of all S&Ls being charged constant payment rates notwithstanding however safe or risky they were.
A brief summary of insolvencies within the S&L trade between 1980 and 1982, caused by traditionally high-interest rates, is followed by a review of the federal regulative structure and superior atmosphere for S&Ls. The savings and loan crisis of the Nineteen Eighties and Nineties was the failure of 747 savings and loan associations.
As a result of the savings and loan crisis, Congress passed the money establishments Reform, Recovery, and social control Act of 1989 (FIRREA), which dramatically modified the savings and loan trade and its federal regulation.
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assume that the market for a good is characterized by a downward-sloping demand curve and an upward-sloping supply curve and the market is in equilibrium at a price of $20 and a quantity of 100 units. after the government imposes a $5 per-unit excise tax on the good, the price that buyers pay for the good increases by $3. which of the following are possible values for the government tax revenue and deadweight loss in the market?
As per the given downward sloping, the government tax revenue and deadweight loss in the market is less than $500.
Downward sloping:
Downward sloping refers the demand curve means that as price decreases, demand will increase.
Given,
Here we need to find the the government tax revenue and deadweight loss in the market.
Here we have to solve this one through the process of elimination.
And we can rule out Options A and B because there is always a deadweight loss unless either demand or supply is perfectly inelastic.
WE know that if demand were perfectly inelastic, the buyer price would have increased by the amount of the tax and if supply were perfectly inelastic, the buyer price would not have increased at all.
Here the buyer price increased by $3 , we know that neither supply nor demand is perfectly inelastic, which rules out Options "A" and "B" . We can also rule out Options "D" and "E" .
Here the tax collected by the government could only be $500 if the equilibrium quantity did not change after the tax was implemented.
In this case in which the equilibrium quantity would not change after the tax is implemented is if either demand or supply is perfectly inelastic. Where as neither demand nor supply is perfectly inelastic.
So, the government revenue must increase by something less than $500. Therefore, the only option in which there is some deadweight loss and the tax revenue collected by the government is less than $500 is Option "C".
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the marginal benefit minus the marginal cost equals: the efficiency balance. the consumer surplus minus the producer surplus. the economic surplus. the consumer surplus.
The marginal benefit minus the marginal cost equals the consumer surplus minus the producer surplus. The most a consumer will spend on one additional commodity or service is known as the marginal benefit. The marginal benefit typically declines with consumption.
The marginal cost of production is the price difference for producing one additional good or one unit of service. When a consumer consumes too much of a certain unit and the additional unit of the product has negative effects, there is a negative marginal surplus. For instance, becoming ill after eating the fifth slice of a sweet dessert. The utility or enjoyment that the consumer derives from consumption typically decreases as more units are consumed.
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When a company owner practices price discrimination, the marginal revenue of an extra unit sold.
The marginal cost is equal to the price of the product when a business owner implements price discrimination because the marginal revenue curve and the market demand curve are aligned.
What is marginal revenue, exactly?Marginal revenue is the additional income generated by selling one more unit of output. Although marginal revenue can remain constant at a given level of output, the law of diminishing returns eventually causes it to start declining as output level increases.
Are marginal profit and marginal revenue the same thing?Marginal refers to the additional cost or profit incurred when producing the next item. Marginal product is the additional revenue, whereas marginal cost is the additional cost for manufacturing one additional unit.
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identify which model best fits the data - an exponential growth model, an exponential decay model, a gaussian model, a logistic growth model, or a logarithmic model. explain your reasoning and compare/contrast the model you chose with the others.
Model fine suits the data is an exponential increase model.
The required details for exponential growth model in given paragraph
Exponential increase is a manner that will increase amount over time. It happens whilst the instantaneous price of change (that is, the derivative) of a amount with appreciate to time is proportional to the amount itself. Described as a feature, a amount present process exponential increase is an exponential feature of time, that is, the variable representing time is the exponent (in assessment to different forms of increase, such as quadratic increase). If the regular of proportionality is negative, then the amount decreases over time, and is stated to be present process exponential decay instead.
In the case of a discrete domain of definition with same intervals, it's also called geometric increase or geometric decay for the reason that feature values shape a geometric progression.
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as the extent of environmental protection expands, would you expect marginal costs of environmental protection to rise or fall? why or why not?
The utmost price a buyer will spend for an extra commodity or service is known as the marginal benefit.
The marginal benefits of environmental conservation will decrease as its scope increases. The marginal benefits of environmental preservation are quite large when the amount of protection is modest. It makes sense to devote more resources to the fight against pollution when there is less environmental protection. However, as environmental protection measures are expanded, the greatest marginal benefits are first realized, followed by smaller marginal benefits. Thus, the marginal benefit contour falls.
A marginal benefit, also known as marginal utility, pertains to any extra item acquired for consumption following the initial unit. The degree of satisfaction a customer has given to the item being consumed is considered to as utility.
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scarcity of a key resource or input into the production process
Scarcity reduces the producer's ability to manufacture a limitless number of goods, thus limiting output.
What is the production process?Producers may have to make the difficult decision of which product to prioritize for manufacture out of a variety of items using limited resources.
Overall, a lack of resources or manufacturing inputs results in a smaller number of goods or services available on the market, which has an impact on customers by forcing them to make difficult purchasing decisions.
Therefore, when something is scarce, more people want it than can be supplied.
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management observed that the initial phase of a multiphase implementation was behind schedule and over budget. prior to commencing with the next phase, an is auditor's primary suggestion for a postimplementation focus should be to:
Management observed that the initial phase of a multiphase implementation was behind schedule and over budget. prior to commencing with the next phase, an is auditor's primary suggestion for a postimplementation focus should be to review the impact of program changes made during the first phase on the remainder of the project.
A budget is a plan, often but not always a financial plan, for a specified period of time, usually a year or a month. Budgets can include expected sales and revenue volumes, resource counts including time, costs and expenses, environmental impacts such as greenhouse gas emissions, other impacts, assets, liabilities and cash flow.
Businesses, governments, families, and other organizations use budgets to express strategic business plans in measurable terms. A budget represents planned expenditures as well as recommendations on how to achieve them with resources.
The above question is incomplete, the complete question is-
Management observed that the initial phase of a multiphase implementation was behind schedule and over budget. Prior to commencing with the next phase, an IS auditor's PRIMARY suggestion for a postimplementation focus should be to:
A. assess whether the planned cost benefits are being measured, analyzed and reported.
B. review control balances and verify that the system is processing data accurately.
C. review the impact of program changes made during the first phase on the remainder of the project.
D. determine whether the system's objectives were achieved.
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Vanessa, an underwriter, is evaluating a CGL application for Taunton Publishing. Taunton publishes a weekly tabloid newspaper with articles about popular entertainment and political figures. It has a large readership. The newspaper owns and operates out of a new, single-story building in a complex of commercial buildings. The publishing equipment is computerized, state-of-the-art. The publisher sells through variety stores, grocery stores, and newsstands and it has no on-premises retail operation. Taunton does have outside sales staff that promote the publisher's newspaper among potential sales outlets and that solicit advertising. Which one of the following liability loss exposures would Vanessa probably consider to be Taunton's greatest?
Select one:
A. Premises liability for the publishing facility
B. Products liability for the newspapers that the organization sells
C. Personal and advertising injury for potential libel, slander, or copyright infringement
D. Operations liability for sales staff activities at vendors and advertisers
Personal and advertising injury for potential libel, slander, or copyright infringement
Commercial general liability insurance includes personal and advertising injury coverage, which defends your company from lawsuits involving alleged violations of the personal or intellectual property of third parties. Libel, defamation, and copyright infringement are all covered. Infringements on a person's or a company's personal or intellectual rights frequently result in personal and advertising harm. Libel, defamation, and copyright infringement are a few examples. Limits. A Personal and Advertising Injury limit, which is the maximum the insurer will pay for all losses assessed against any one person or business, applies to Coverage B. The policy's General Aggregate limit applies to any damages or settlements paid under Coverage B as well.
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read each action red bull takes to communicate with its customers, then match the communication activity to the correct step in the communication process.
Brand loyalty, behavioral sequence modeling, and positioning with knowledge of the brand and product are the primary communication goals of the Red Bull company.
How does Red Bull interact with its audience?"Red Bull's content core revolves around the intersection of their audience's interest in extreme sports, festivals, and a fast-paced lifestyle, with their product's ability to keep people awake and provide them energy during those events," according to the company. They emphasize nightlife, music, dance, extreme sports, and many other topics.The four main components of a marketing strategy are product, pricing, place, and promotion, and together they make up the marketing mix, commonly referred to as the four P's of marketing.Brand loyalty, behavioral sequence modeling, and positioning with knowledge of the brand and product are the primary communication goals of the Red Bull company.To learn more about Communication goals refer to:
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one benefit to having an employee advocacy program is that social network algorithms generally .
One benefit to having employee advocacy program is that the social network algorithms generally prioritize the messages from individuals over those sent.
What is employee advocacy?Employee advocacy is generally understood to occur when a representative of the employer's brand is a member of the workforce. Anyone who works for the company is eligible to fill this position. The marketing division does not have to be the sole place where it occurs. By using a variety of strategies, such as hosting company events and providing benefits to current employees, savvy businesses make it a point to maintain a positive work environment. Encouragement from coworkers to discuss these benefits of working for the organization might inspire a standout applicant to submit an application for a position that is open.
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activity-based management is focused on blank . multiple select question. reducing defects eliminating waste pricing decisions increasing processing time
The goals of activity-based management are to:
(a) decrease defects
(b) get rid of waste.
Activity Based Management: What is it?An advanced control system called activity-based management (ABM) concentrates management's attention on specific tasks with the aim of enhancing the value that customers receive and the profit that results from supplying that value.
The goal of activity-based management (ABM), a management strategy, is to effectively and efficiently manage employee activities in order to boost productivity, profitability, and organizational competitiveness. The planning, execution, and measurement of company activities are the main objectives of this strategy.
What does activity-based costing prioritize?The actions that drive up expenditures are the focus of ABC's concern. Activity-based costing also includes transaction-based drivers, such as the number of orders received, whereas traditional absorption costing tends to focus on volume-related drivers, such as labor hours.
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TRUE/FALSE when laying off employees, seniority is the fairest and safest means of determining who leaves and who remains.
This statement is True, when laying off employees, seniority is the fairest and safest means of determining who leaves and who remains.
Seniority is the country of being older or placed in a better role of status relative to another individual, group, or corporation. Many task titles indicate a person's expert seniority, consisting of a senior accountant or junior salesperson, but anyone has a courting to seniority at their company no matter their particular role. Seniority is the duration of time that a man or woman has served in a task or worked for an agency. Seniority can convey better status, rank, or priority to an employee who has served for a longer time frame.
The seniority system is the traditional exercise (12) within the house wherein certain prerogatives and positions are made available to the participants with the longest non-stop provider inside the house or on the committee. Seniority-primarily based pay structures are those wherein the number one basis for pay increases is the employee's tenure. It has to be stated that seniority-based totally pay structures can remember the performance, but the predominant thing is tenure.
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true or false: firms can use strategic alliances to strengthen their competitive advantage when competing in battles to control industry standards.
Firms can use Strategic alliances to strengthen their competitive advantage when competing in battles to control industry standards is True
Define Strategic Aliiances.A strategic alliance is an agreement between two businesses to work on a beneficial project together while each company maintains its independence.
Compared to a joint venture, which sees two companies combine their resources to form a new company, the arrangement is simpler and less legally enforceable.
What makes strategic relationships crucial?With the use of strategic partnerships, a company may expand its customer base without spending more resources. Creating a strategic partnership gives a franchise firm the chance to expand its clientele and attract new prospective clients. Franchise businesses are continuously looking for fresh, innovative methods to achieve this.
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What are bonds How do bonds provide a return to investors ?.
A bond represents a promise by the borrower to pay the lender the principal and usually interest on the loan.
Bonds are typically issued to finance specific projects. In return, the bond issuer promises to repay the investment with interest over a period of time.
How do bonds help investors?A bond is an “IOU” of money lent by an investor to the bond issuer. In exchange for using this money, the issuer agrees to pay the investor interest at a set rate known as the "coupon rate." At the end of the agreed-upon term, when the bond is "maturity", the issuer repays the investor's principal.
What do bonds do?Bonds are issued when governments and companies want to raise money. By purchasing a bond, you are providing a loan to the issuer, who agrees to repay the face value of the loan by a specified date and make periodic interest payments, usually twice a year. do.
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variable costs per unit: manufacturing: direct materials $ 24 direct labor $ 14 variable manufacturing overhead $ 2 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 800,000 fixed selling and administrative expense $ 496,000
The gross margin amounts is $304, 000
Margin:
Margin refers the current level of consumption or production of a good or service.
Given,
variable costs per unit: manufacturing:
direct materials $ 24
direct labor $ 14
variable manufacturing overhead $ 2
variable selling and administrative $ 4
fixed costs per year:
fixed manufacturing overhead $ 800,000
fixed selling and administrative expense $ 496,000
Here we need to find the gross margin amounts of the unit.
In order to calculate the gross margin amounts we have to subtract the manufacturing cost by the selling cost, then we get,
=> $800,000 - $496,000
=> $304,000
Therefore, the gross margin amounts of the units is $304,00.
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during two recent years, perez construction, incorporated, disposed of the following plant and equipment:
The value of loss on sale equipment of 2 years is$16751 and $2436
How to calculate cash flow from the sale of property for each year ?Req 1
Cash flow from investing activities year 1 year 2
proceeds from sale of equipment $17864 $12163
The amount reported in the cash flow from investing activities section of the statement of cash flow is the total cash proceeds from the sale of the equipment regardless of the amount of any gain or loss
Req 2
Any gain on the sale of the equipment is subtracted from net income to avoid double counting of the gain .Any loss on the sale of the equipment is added to avoid double counting of the loss
Cash flow from operating activities year1 year2
Loss (gain)on sale equipment $16751 $2436
Computations :
Plant and machinery (at cost) 75000 13500
Accumulated depreciation 40385 3773
Net book value 34615 9727
Cash proceeds - Net book value 16751 2436
The complete question is : During two recent years Perez Construction, Inc., disposed of the following plant and equipment: Year 1 Year 2 Plant and equipment (at cost) $ 75,000 $13,500 Accumulated depreciation on equipment disposed of 40,385 3,773 Cash received 17,864 12,163 Gain (loss) on sale (16,751) 2,436
Required: 1. Determine the cash flow from the sale of property for each year that would be reported in the investing activities section of the cash flow statement.
2. Perez uses the indirect method for the operating activities section of the cash flow statement. What amounts related to the sales would be added or subtracted in the computation of Net Cash Flows from Operating Activities for each year?
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FILL IN THE BLANK. with regard to quality management systems, is a formal document that demonstrates a commitment to achieving high quality and meeting customer expectations.
Total quality control is a comprehensive collection of methods used to reduce mistakes across a company.
What is Total Quality Control?Total quality control is a broad range of methods used to reduce errors across an organization. An firm can significantly increase both its profitability and customer satisfaction by doing this. Employees from all departments who have the authority to make changes must participate. This strategy incorporates several ideas, such as:What counts is how the customer feels about the quality.Process enhancements are the primary focus of error reduction.There is no end to the overall quality control effort because processes must be continually improved.The objective of quality improvement must be closely integrated with ongoing feedback loops and motivational techniques.To Learn more About Total quality control refer to:
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neoliberalism has emerged as a guiding economic philosophy since the 1970s and has been promoted by large, worldwide institutions since the 1980s. identify the actions that a neoliberal worldview supports.
Out of the choices provided above, the actions that describe being supported by the worldview of neoliberalism, includes, a decrease in government spending, and privatization of public services and assets. Therefore, the options A and B hold true.
Neoliberalism can be referred to or considered as the term that has often been attached to the reformation policies related to the economic functioning of a society, which is based on the modern view of privatization of the economy, as well as a decrease in the spending done by the government authorities over the economic functions.
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Complete question
neoliberalism has emerged as a guiding economic philosophy since the 1970s and has been promoted by large, worldwide institutions since the 1980s. identify the actions that a neoliberal worldview supports.
decrease in government spending
privatization of public services and assets
increase in taxes and tariffs
establishment of more trade regulations
When you type in sustainable travel, the website for g adventures appears first in the list. This is an example of.
When you type in sustainable travel, the website for g adventures appears first in the list. This is an example of search engine optimization
What is search engine optimization?Generally, The practice of enhancing the quality and quantity of internet traffic that originates from search engines and visits a website or a web page is referred to as search engine optimization (SE/O).
Instead of focusing on direct traffic or bought traffic, SE/O concentrates on organic traffic.
Search engine optimization (SE/O) is the process of modifying a website in order to improve its position on a search engine results page (SERP), thereby increasing the amount of traffic that the website receives.
The objective here is to get a ranking on the first page of Goo/gle's search results for key phrases that are important to the audience you're trying to reach.
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Jethro Company, an accrual basis taxpayer, had a $10,000 overdue account payable to a major supplier. The supplier agreed to settle the account for $9,000 cash from Jethro. Which of the following statements is true?
Jethro recognizes $1,000 income because of the settlement.
The following statement is true Jethro recognizes $1,000 in income because of the settlement.
Jethro, also called Reuel or Hobab in the Old Testament, was a Midianite priest of the Kenite tribe who, after killing an Egyptian, sought refuge with Moses and married his daughter Moses (Exodus 3:1). After the Exodus, Jethro visited the Hebrews who were encamped on the "Mountain of God" and brought Moses' wife and her sons.
Jethro said to Moses, ``Choose out of all the people those who are capable, those who fear God, are worthy of trust, and hate unjust profit, and instruct them to appoint them as officials. .. They shall always serve as judges of the people” (vs. 21-22) In other words, Jethro advised Moses to the commission.
Jethro will come to Moses, bring Moses' wives and sons, and offer sacrifices to the Lord - Moses will sit in the courtroom and hear all the cases - Jethro to Moses teaches the law, appoints junior judges, and advises them on their powers.
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what is the minimum size septic tank for an apartment building with 11 one-bedroom units and 2 two-bedroom units? select one: a. 4,550gal b. 5,000gal c. 4,700gal d. 4,200gal e. 5,250gal clear my choice
Based on the standard size of the septic tank and the usage requirements, the minimum size septic tank for an apartment building with 11 one-bedroom units and 2 two-bedroom units is 5,250 gal.
What is a Septic TankSeptic Tank is a term that is used to describe the underwater sedimentation tank which is used for primary treatment of domestic wastewater and fecal material.
Usually, the Septic tank helps in the process of domestic wastewater and fecal material in biological anaerobic digestion or decomposition and remake into settleable solid or semi-solid sludge.
To determine the minimum size of the septic tank needed, the standard size required for a one-bedroom is 350 gal, while the size required for a 2 bedroom house is 700 gal.
Therefore, for one bedroom we have 11 × 350 gal = 3,850 gal.
For 2 bedroom house, 2 × 700 gals = 1400
Total is = 3850 + 1400 = 5,250 gal
Hence, in this case, it is concluded that the correct answer is minimum of 5,250 gal capacity of septic tank is needed
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Anita, a manager at a department store, needs to determine whether one of her employees is exempt or nonexempt under the Fair Labor Standards Act. Which of the following would be the best resource for Anita?A) organizational chartB) performance appraisalC) business planD) job description
The best resource for Anita in order to determine whether one of her employees is exempt or nonexempt under the Fair Labor Standards Act will be D) job description.
A job description can be described as an elaboration of the work a candidate will be doing if he is hired for a particular job. A job description also mentions the candidates that are eligible to apply for a job. A job description might also describe candidates who are exempted to apply for a job role.
In the scenario mentioned in the question, as Anita has to check whether employees are exempted or non-exempted to apply for a job under the Fair Labor Standards Act hence her best source should be the job description.
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the hr director's performance appraisal allowed her supervisor to evaluate her performance, but also allowed peers and subordinates to provide feedback as well. this type of appraisal is called a (n):
The hr director's performance appraisal allowed her supervisor to evaluate her performance but also allowed peers and subordinates to provide feedback as well. this type of appraisal is called human resource management.
Assessments need to encompass an evaluation of what the executive director completed, how objectives were carried out, and whether the director modeled the center values of the business enterprise. The board ought to shape the criteria for comparing the executive director around the needs and desires of the company.
But, the subsequent are crucial for every director, no matter the industry: monetary acumen, verbal exchange skills, critical wondering talents, and a willingness to prepare for and participate in conferences. consequently, the first step to effectiveness is an assessment of the modern-day talent on the board.
Activities like strategic or succession planning, or enhancing chance oversight, help a business enterprise create its destiny. 2d, foster c debate amongst your fellow individuals. Actively are trying to find out extraordinary points of view, and make sure that everyone contributes their expertise so that you make considerate selections.
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The closing of a major factory in a city is likely to affect which non-price determinants of demand most strongly in the short term?.
One of the non-price factors of demand that is expected to be most substantially impacted in the short term by the closure of a large manufacturing in a city is income.
What are the demand-related non-price factors?As tastes, preferences, and fashions evolve through time, so too may demand, which may rise or fall in response to these changes. For instance, smoking cigarettes is no longer as popular as it once was.
What exactly are long term and short term demand?A time frame known as the "short run" is one in which the amounts of at least some inputs are set while the amounts of the other inputs are flexible. A time frame in which the sum of all input quantities can be changed is the long run.
What factors other than price determine demand?Income.expected prices in the future.Cost of comparable commodities.the cost of related goods.changes in preferences and tastes.alterations in the population of consumers.Learn more about non-price factors of demand: https://brainly.com/question/22726423
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true or false: a monopolist can force a consumer to buy a quantity larger than that dictated at by the consumers demand curve (at a given price).
True a monopolist can force a consumer to buy a quantity larger than that dictated at by the consumers demand curve (at a given price).
A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its rivals. The price and marketing choices made by the rival companies serve as their points of differentiation.
To maximize profit or reduce losses, businesses try to create a certain quantity where marginal income and marginal cost are equal. New businesses will enter the market when established businesses are profitable. When all businesses eventually experience a loss, the demand curve and the marginal revenue curve change, and new businesses stop emerging.
In monopolistic competition, demand is very elastic and responsive to price fluctuations. For products like laundry detergent, consumers will switch brands based purely on price increases.
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