A stacked chart is a type of bar graph that displays the composition and contrast of a few variables across time, either relative or absolute. These charts, which are also known as stacked bar or column diagrams.
Stacked chart is a bar graph that displays the composition and contrast of a few variables across time, either relative or absolute. These charts, which are also known as stacked bar or column diagrams, have the appearance of several columns or bars layered on top of one another. When utilized properly, stacked charts are a very powerful comparison tool. They are made to compare overall values across many categories.
A small number of applications exist for stacked charts. There are just a handful of situations when they are suitable because to their constraints, but when these conditions are satisfied, they can be an effective tool and presentation style.
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cortez company updates its inventory records perpetually. the company's records showed a beginning inventory of $25,000, cost of goods sold of $33,000, and ending inventory of $27,000. how much inventory was purchased during the year?
The business purchases a product inventory, which it then resells to the general public at a higher price. The balance sheet's current asset section includes a line item for the ending inventory or unsold inventory.
Cost of goods sold plus ending inventory minus beginning inventory equals purchases.
Purchases equal 33,000 + 27,000 - 25,000, or 35,000.
The cost of finished goods (COGS) that a retailer or wholesaler has on hand to sell to its clients during a specific accounting period is known as merchandise inventory. The price of the books or periodicals a bookshop offers for sale would be considered part of its merchandise inventory.
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A decision tree, which is the chain of command used by many organizations when discussing alternatives, must be followed when getting decisions approved. True or false?.
It is true that A decision tree, which is the chain of command used by many organizations when discussing alternatives, must be followed when getting decisions approved.
What is a decision tree?A decision tree can be described d the tree that is used to symbolizes the alternatives as well as the other factors that is needed to be considered when a particular firm s trying to make a decision that can affect the organization.
It should be noted that the organization is been designed to make decision base on the past data so that they use it to design the future of the organization and this tree will be of help because it contains all the alternatives.
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1. When something is balanced, it is evenly distributed on all sides. When
you're talking about a budget, it means income equals
——-
When something is balanced, it is said to evenly distributed on all sides. When you are talking about a budget, it means income equals to the expenditures.
A balanced budget which is particularly that of a government, is a budget in which the revenues are equal to expenditures. So here, neither a budget deficit nor a budget surplus exists. However, generally, it is a budget which has no budget deficit, but could possibly have a budget surplus.
In the financial planning or the budgeting process, a balanced budget refers that revenues are equal to or they also can be greater than the total expenses.
Hence, a budget can be considered balanced after a full year of revenues and expenses have been incurred and recorded.
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with respect to types of assessments, the thematic apperception test is to the beck depression inventory as ______ is to ______.
with respect to types of assessments, the thematic apperception test is to the beck depression inventory as the projective technique is to symptom subtest.
The required details about thematic apperception are mentioned below paragraph.
An example of a projective test is the Thematic Apperception Test (TAT), which asks participants to describe ambiguous events in order to reveal more about their personalities, emotions, and driving forces. It was created by American psychologists Henry A. Murray and Christina D., and is commonly referred to as the "image interpretation technique."
What is the purpose of the thematic perception test?
The TAT is a popular projective exam for evaluating both adults and children. It is intended to demonstrate how a person views interpersonal interactions. Thirty-one picture cards provide prompts for narratives and descriptions of interpersonal interactions or social contexts.
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How is each of the following events likely to shift the supply curve or the demand curve for fedex delivery drivers in chicago? make sure you indicate which curve (curves) is affected and if it shifts out or in
a. Because beef is an ingredient in making hamburgers, the price of beef will have an impact on the supply curve of hamburgers as it triples. As a result, the supply curve of hamburgers will shift to the left from S1 to S2, and as the economy moves from A to B, the equilibrium price of hamburgers will rise from P1 to P2 and the equilibrium quantity of hamburgers will fall from Q1 to Q2.
b. Since chicken is an ingredient used to make hamburgers, the supply curve will be impacted if the price of chicken drops by 50%. Therefore, as the price of chicken decreases by 50%, the supply curve for hamburgers will shift to the right from S1 to S2, and as the economy progresses from Point A to Point B, the price of hamburgers decreases from P1 to P2, and the equilibrium quantity of hamburgers rises from Q1 to Q2.
c. As a result of population aging, there are fewer teenagers in the economy, which will affect the demand curve for hamburgers as they demand more of them. The demand curve for hamburgers shifts left from D1 to D2, and as the economy moves from point A to point B, the equilibrium price of hamburgers declines from P1 to P2, and the equilibrium quantity of hamburgers will decline from Q1 to Q2.
d. Because beef is a necessary input in the production of hamburgers, as mad cow disease, a rare but fatal medical condition, spreads throughout the United States, people will consume fewer hamburgers. As a result, the demand curve for hamburgers will shift to the left from D1 to D2, and as the economy moves from point A to point B as a result of this leftward shift of the demand curve, the equilibrium price of hamburgers will fall from P1 to P2 and the equilibrium quantity of hamburgers.
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In which stage of the product life cycle does a company usually not generate profits from a new product?.
The stage of the product life cycle which a company usually does not generate profits from a new product is: C. introduction stage
What is a product?A product is any tangible item or physical object that is essentially produced by a manufacturer, so as to satisfy and meet the demands, needs or wants of every customer.
What is a product life cycle?A product life simply refers to all of the phases or stages that a specific product moves through, primarily from the point (period) it was introduced by the manufacturer (producer) into the market to the period when it is eventually revoked and moved from the market.
Generally speaking, there are four (4) main stages in the product life cycle and these including the following;
Introduction.Growth.Maturity.DeclineIn conclusion, we can reasonably infer and logically deduce that no profits are generated at the introduction stage of a product because customers, sales, and competitors have fallen.
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Complete Question:
In which stage of the product life cycle does a company usually not generate profits from a new product?
a. maturity stage
b. growth stage
c. introduction stage
d. cannibalization stage
e. decline stage
candace purchased her first home in 2008, right before the great recession. during the great recession, the value of her home plummeted, and she has never been able to fully recover financially. in contrast, her younger sister purchased her first home in 2013, and it has increased steadily in value. this change in her sister's status compared to her own has frustrated candace since they made similar financial decisions. what form of mobility is causing candace distress?
Based on the information provided, form of mobility that is causing candace distress is: B. vertical mobility.
What is recession?Recession can be defined as a period of economic meltdown that is typically characterized by very slow economic activities such as any or all of the following:
Low tradeInflationLower money supply.What is economic mobility?In Economics, economic mobility can be defined as a measure of the ability of a person, family, household, or other group of people to either improve or lower their economic status. Also, economic mobility is typically measured based on an individual's income.
Generally speaking, vertical mobility can be defined as a measure of movement of an individual from a particular social status to either a lower one (downward mobility) or higher one (upward mobility).
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Complete Question:
Candace purchased her first home in 2008, right before the Great Recession. During the Great Recession, the value of her home plummeted, and she has never been able to fully recover financially. In contrast, her younger sister purchased her first home in 2013, and it has increased steadily in value and quickly came to surpass the value of Candace's home. This change in her sister's status compared to her own has frustrated Candace since they made similarly wise financial decisions and were equally responsible about home ownership. What form of mobility is causing Candace distress?
Horizontal mobility
Vertical mobility
Absolute mobility
Relative mobility
Answer: relative mobility.
Explanation: Lanuel, disrespectfully, you can shove this question up ur anus and you still won't know the answer. thanks for the wrong answer. I wish you eternal hell.
When used together correctly, verbal and nonverbal communication can convey a rich and multilayered communication experience.
A. True
B. False
It is completely appropriate to mention that verbal and nonverbal communication can convey a rich and multilayered communication experience, when used correctly. Therefore, the option A holds true.
What is the significance of verbal and non-verbal communication?Verbal communication can be referred to or considered as the form of communication that involves the usage of words to speak and communicate, whereas, non-verbal communication refers to as the use of actions or gestures to communicate.
Therefore, the option A holds true and states regarding the significance of verbal and non-verbal communication.
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what is the difference between spending from a microeconomic standpoint versus spending from a macroeconomic standpoint?
Macroeconomics is the area of economics that examines the economy broadly and deals with variables that have an impact on the entire national, regional, or global economy. Microeconomics focuses on particular entities like enterprises, homes, and individuals and examines the economy on a micro-scale.
Macroeconomics is a discipline of economics that examines an economy's overall performance, structure, behavior, and decision-making rather than just specific markets. This covers the local, regional, and international economy. In order to understand how the entire economy operates, as well as the relationships between such variables as national income, output, consumption, unemployment, inflation, savings, and investment, international trade, and international finance, macroeconomics entails the study of aggregated indicators such as GDP, unemployment rates, and price indices.
Contrarily, microeconomics is the area of economics that focuses primarily on how individual agents' behaviors—such as those of businesses and consumers—determine the prices and quantities in particular marketplaces. Analyzing market processes that determine relative pricing for different goods and services as well as how scarce resources are distributed among various uses is one of the objectives of microeconomics.
General equilibrium, markets with asymmetric information, decision under uncertainty, and economic applications of game theory are important areas of research in microeconomics.
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in what fundamental ways does activity-based costing differ from traditional costing methods such as job-order costing as described in chapters 2 and 3?
The primary distinction between ABC costing and traditional costing systems is that in traditional costing, all product costs are accumulated and a predetermined overhead rate is calculated.
The fundamental difference between ABC costing and traditional costing systems is that in traditional costing, you accumulate all product costs and create a pre-determined overhead rate.
The burden of the driver is then applied equally to each product. The ABC method, on the other hand, divides each activity into cost pools, or "buckets," and then applies an overhead cost distinctive to each item and determines how much of each activity base, or "driver," it uses. One thing to keep in mind is that, while ABC has multiple rates and the burden differs between methods, they both share the same total overhead.
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coca-cola has a large amount of brand-loyal purchasers. which marketing strategy is most appropriate for this brand?
Customers who are loyal to the brand Coca-Cola in large numbers. This brand would benefit most from a maintenance strategy.
Describe maintenance strategy.
A maintenance strategy is frequently defined as a decision rule that determines the sequence of steps that must be taken to maintain the functionality of the system that we use in the workplace. It offers scheduling-related information and can be assigned to as many tasks (such as the tasks of the project manager) as required.
Maintenance tactics are designed to increase productivity and quality while lowering operating expenses. There are three categories of maintenance tactics: corrective (reactive), predictive, and preventive. Run-to-breakdown, time-based maintenance, and condition-based maintenance are the three most popular maintenance approaches.
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Answer: It is maintenance strategy.
entreprenuerial experiments are simply smaller-scale versions of analytical experiments; both rely upon data systems analytics.
a. True
b. False
Entrepreneurial experiments are simply smaller-scale versions of analytical experiments; both rely upon data systems analytics
According to this definition, entrepreneurship is defined as change, often involving risk above what is normally faced when beginning a business, and may contain values other than monetary ones. An entrepreneur is a person who establishes and/or invests in one or more enterprises, assuming most of the risks and reaping the majority of the gains.
Entrepreneurship refers to the process of starting a business. Entrepreneurs are generally viewed as innovators, providing new ideas, products, services, and business/or operations.
More restrictive definitions of entrepreneurship have described it as the process of designing, launching, and running a new business, which is frequently identical to a small business.
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identify the correct and incorrect statements. correct answer(s) the reliance on contractors raises a variety of challenges with oversight and accountability. press space to open privatization downsizes government. press space to open contractors are generally more skilled and have greater expertise than career bureaucrats. press space to open contracting always leads to lower
Based on the statements given on contracting, the correct and incorrect statements are:
Correct statements:
The reliance on contractors raises a variety of challenges with oversight and accountability.Privatization downsizes government.Incorrect statements:
Contractors are generally more skilled and have greater expertise than career bureaucrats.Contracting always leads to lower.What are the advantages and disadvantages of contracting?When the government engages in contracting, it downsizes government because private companies are being relied on.
However, contracting comes with a slew of disadvantages such as sometimes leading to higher costs, oversight and accountability issues, and the challenge of hiring people with less skill and expertise than career bureaucrats.
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gatorade thirst quencher was concocted in 1965, but more recently its marketers introduced gatorade zero, a sugar-free drink, in 2018. this introduction is an example of a
The introduction is an example of a Product line extension
A marketing tactic known as product line extension leverages an established brand to add a new item to an existing product line. A firm's new product could have minor differences from its existing products in terms of, for example, flavor, color, form, components, or packaging size.
The Gatorade thirst quencher was created in the year 1965, and in the year 2018, its marketers released Gatorade zero, which was a sugar-free drink. Apart from this, Gatorade AM was established in the year 2007, while the Gatorade G Series was introduced in 2010. Throughout, there have been numerous Gatorade products launched to the market, which are examples of product line extensions
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A teacher used distortion goggles, which shifted the wearer’s gaze 20 degrees, to demonstrate an altered perception. A student wearing the goggles initially bumped into numerous desks and chairs while walking around, but chose to wear the goggles for a half hour. After 30 minutes, the student was able to smoothly avoid obstacles, illustrating the concept of.
After 30 minutes, the student was able to smoothly avoid obstacles, illustrating the concept of Perceptual Adaptation. Thus the correct option is A.
What is perception?A perception is referred to as an opinion formed by an individual based on the situation that occurs in front of them. This perception is based on their understanding of what they see and interpret.
Perceptual adaptation emphasizes the body's ability to adjust to its environments by passing through disturbances. It can modify awareness in response to the data being received, improving coding effectiveness and improving classification at the modified level.
Therefore, option A is appropriate.
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The complete question is probably
A teacher used distortion goggles, which shifted the wearer's gaze 20 degrees, to demonstrate an altered perception. A student wearing the goggles initially bumped into numerous desks and chairs while walking around, but chose to wear the goggles for a half hour. After 30 minutes, the student was able to smoothly avoid obstacles, illustrating the concept of
answer choices
Perceptual Adaptation
Visual Interpretation
Sensory Restriction
Perceptual Constancy
Binocular Cues
the demand curve confronting a competitive firm is group of answer choices horizontal, while market demand is downward-sloping. downward-sloping, while market demand is flat. horizontal, as is market demand. downward-sloping, as is market demand.
A firm in a competitive market must deal with a horizontal demand curve.
In which competetion Demand curve is horizontal?The demand curve for a perfectly competitive market is horizontal as the demand is perfectly elastic. This is because all firms can sell however much they want at the market price and at the market price only.What is the demand curve in a perfectly competitive market?-A perfectly competitive firm's demand curve is a horizontal line at the market price. This result means that the price it receives is the same for every unit sold.hence,A firm in a competitive market must deal with a horizontal demand curve.
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the unemployment rate may overestimate the true extent of unemployment if: question 9 options: people falsely claim that they are actively seeking work in order to receive unemployment benefits. many part-time employees would like to work fulltime, but are unable to get the additional work. many people who claim to be unemployed actually work in the underground economy either b) or c) occurs.
One thing that might lead to the unemployment rate overestimating the true extent of unemployment is people falsely claim that they are actively seeking work in order to receive unemployment benefits.
How is the unemployment rate calculated?When the unemployment rate is calculated, there are people who are not included in this measure. One of those people include those in the underground economy. This means that those who work there are not treated as unemployed. There are also part-time workers. Those who engage in part-time work are considered fully employed by the government.
The only people who go into the unemployment rate are those who are actively looking for work and yet don't have any. This means that if people are not looking for work, but say that they are actively seeking work so they can keep collecting unemployment benefits, they would be causing the unemployment rate to be overestimated.
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If an employee does not have enough information for reasonable suspicion of child abuse, can the employee ask the student some clarifying questions such as what is wrong? and subsequently determine reasonable suspicion of child abuse?.
Yes, an employee can ask the student some clarifying questions such as what is wrong if the employee does not have enough information for reasonable suspicion of child abuse.
What is Child Abuse?An abuse is an intentional attempt of inflicting injury on an individual.
A child abuse is done when a child is been injured intentionally. This could lead to injury and bruises of various types.
A child who is abuse can be affected in his it her mental health, it can result into reoccurring sicknesses.
In case of an abuse, questions can be asked form the child to gain more insight to the situation. This help to know how best to help the child and what therapy or treatment the child needs t be subjected to.
Therefore, an employee can ask the student some clarifying questions for reasonable suspicion of child abuse.
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six sigma process improvement efforts are carried out by project teams consisting of people serving in specialized roles such as a champion, who is .
Project teams comprised of members operating in specialized positions, such as a champion—a senior-level executive who "owns" a project and has the authority and resources required to carry it out—carry out Six Sigma process improvement initiatives.
What makes Six Sigma so crucial?One of the key benefits of implementing Six Sigma is the decrease in defects. Using Six Sigma techniques, staff members can identify problem areas and recurring issues that affect the overall quality expectation of a service or product from the standpoint of a client.
Less variance is desired for the highest quality control, according to Six Sigma. The Lean Six Sigma (LSS) discipline encompasses the combination of these two methodologies. Improvements to the production process are necessary for the management and reduction of the eight wastes that the Lean methodology identified.
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when auditing the existence assertion for an asset, auditors proceed from the:
when auditing the existence assertion for an asset, auditos proceed from the General ledger back to the supporting original transaction documents.
An auditor is a person qualified to examine and confirm the accuracy of financial documents and guarantee that businesses obey tax regulations. A person must be certified by the accounting and auditing regulatory body or meet specific requirements in order to practice as an auditor. A regulatory authority certificate of practice is typically required for someone to serve as the company's external auditor. Assertion made by businesses about the fundamental truth of the data in their financial statements are known as financial statement assertions. A company's public declaration that the data it is providing is accurate is known as a financial statement claim.
In order to verify the accuracy of the data on the balance sheets, income statements, and cash flow statements, assertions are made.
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The complete question is :
When auditing the existence assertion for an asset, auditors proceed from the a. Financial statement amounts back to the potentially unrecorded items b. Potentially unrecorded items forward to the financial statement amounts c. General ledger back to the supporting original transaction documents d. Supporting original transaction documents to the general ledger
Many states require the sender of an e-mail ad to tell recipients how to opt out of receiving future e-mail ads from the sender.
a. True
b. False
Many states require the sender of an e-mail ad to tell recipients how to opt out of receiving future e-mail ads from the sender: a. True.
What is an e-mail?An e-mail is an abbreviation for electronic mail and it can be defined as a software application or program that is designed and developed to enable end users send and receive (exchange) both texts and multimedia messages (electronic messages), especially through the use of a network-enabled device and usually over the Internet.
Due to an increase in spamming and unsolicited messages, it is required by law in many states for the sender of an e-mail (electronic mail) advertisement to provide recipients with information on how to opt out of receiving future e-mail advertisements from senders or originator.
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credit financing, inc., and equity lending company are secured parties with security interests in property owned by fleet shipping corporation. priority between these security interests is generally determined by
Priority between these security interests is generally determined by the time of perfection or attachment. Option D is the correct choice.
In the world of finance, a security interest is a legal right that a debtor grants to a creditor over the debtor's assets, allowing the creditor access to the assets in the event that the debtor fails to make payments or otherwise fulfill the secured obligations.
A mortgage is one of the most typical examples of a security interest: a person obtains a loan from a bank to purchase a home, and they grant a mortgage over the property so that, in the event that they are unable to repay the loan, the bank may sell the home and use the proceeds to pay off the balance due.
Therefore, The timing of the perfection or attachment typically determines which of these security interests has priority. Therefore, Option D is correct.
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COMPLETE QUESTION:
Credit Financing Inc. and Debt Lending Company hold security interests in property owned by Fleet Cartage Inc. Priority between these security interests is generally determined
a. by the amount of the claim.
b. the float of the liens.
c. the custom in the trade.
d. the time of perfection or attachment.
if treasury bills are currently paying 6.4 percent and the inflation rate is 1.5 percent, what is the approximate and the exact real rate of interest?
To resolve the issue, we employ the Fisher Effect.
Rate about ——- T-bill rate - Inflation rate
4% - 1.5% = 4.9%
Actual Rate —-
Fisher's equation reads, "1 + I = "1 + r"
I = T bill rate, r = real rate, and = inflation rate
This formula provides the true rate.
[(1 + 0.064)/(1 + 0.015)] -1 is 4.83 percent
The link between inflation and both real and nominal interest rates is described by Irving Fisher's economic theory, the Fisher Effect. The real interest rate, according to the Fisher Effect, is equal to the nominal interest rate less the anticipated inflation rate.
If the Fisher Effect is stable, the steady-state inflation rate will be *. The dynamic equation's stability or instability is ultimately determined by the autoregressive coefficient, which is equal to. It is increased to the time period t in the equation. The equation results in a steady state that is stable when the autoregressive coefficient is between -1 and 1.
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The extent to which a firm’s future international earning power is affected by changes in exchange rates in the long-run is known as ________ exposure.
The extent to which a firm’s future international earning power is affected by changes in exchange rates in the long-run is known as economic exposure
An exchange rate is a rate at which one forex will be exchanged for another currency. maximum exchange charges are described as floating and could upward push or fall based totally at the deliver and call for inside the marketplace. A few alternate prices are pegged or constant to the price of a particular country's currency.
An exchange charge is a charge at which one foreign money may be exchanged for every other forex. Maximum exchange costs are described as floating and will rise or fall based totally on the deliver and demand in the market. some alternate prices are pegged or fixed to the fee of a specific u . s . a .'s currency.
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motorsports company retires shares it buys back. in its first share repurchase transaction, motorsports purchased stock for more than the price at which the stock was originally issued. what is the effect of the purchase of the stock on each of the following?
The purchase price is deducted from the paid-in capital. The amount paid to reacquire the stock is credited in cash. The (negative) plug refers to retained earnings.
What is stock?
Stock in finance refers to the shares into which a corporation or company's ownership is divided. A single share of stock represents partial ownership of the corporate entity based on the total number of shares. This usually entitles the stockholder to a portion of the company's earnings, proceeds from asset liquidation, or voting power, which are often divided in proportion to the amount of money evey stockholder has invested. Certain classes of stock may be issued without voting rights, to enhanced voting rights, or with a specific primary consideration to receive profits or liquidation proceeds either before or after both these classes of shareholders.
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true or false: persuasive messages that you generate as a representative of a business or other organization are generally considered to be high-stakes communications.
It's true that the persuasive messages you create in your capacity as an employee of a company or other organization are frequently referred to as high-stakes communications.
What are persuasive messages?Persuasive message strategy are various strategy used in conjuring message intended to convince or persuade the reader that the opinion or claim of the writer is correct.
The strategies needed for forming persuasive messages are:
First, you must structure your arguments.The use of both rational and emotive appeals must be balanced.The next step is to support your claims.Finally, discuss preparing for criticism.In conclusion, persuasive message techniques are frequently employed by writers to persuade audiences or message recipients.In conclusion, Persuasive message strategy are majorly used writer to convince the audience or message receiver.
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marci’s company purchased some debt securities. the company plans to hold on to the securities until they mature, rather than selling them off to make a profit right away. what is this an example of?
Company plans to hold on to the securities until they mature, rather selling them off to make a profit right away is an example of debt trap.
Market securities are often offered in terms of short term and long term which charges some rate of interest and provide return on investment on certain charges. Mature securities often tend to provide high rate of interest.
Profits are often tend to rise when people invest more and this cause debt trap if they are not able to pay them earlier and take loan again and again on securities and can just payoff them selling at higher rates.
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Which of the following items appears on the income statement?
a. Cost of goods sold
b. Selling and administrative expenses
c. Gross margin.
The way market values have changed throughout time suggests that natural resources are not only used for economic development. It alludes to an increase in the average level of prices, is the appropriate reaction.
The overall rise in the level of average prices for goods and services during a specific time period is referred to as inflation. When prices grow unevenly and some consumers' purchasing power declines, inflation's primary cost is the erosion of real income. Over time, inflation impact on the ability of consumers who pay and receive fixed interest rates to make purchases.
Measures the change in a nation's degree of prosperity. Because nominal measurements do not account for inflation, they are less accurate than the other measurements..
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What is the term for goods that
your business ships to another
country?
A. Subsidiaries
C. Imports
B. Exports
D. Embargos
The term for goods that your business ships to another country is known as Exports.
Export/ Exporting:
The process by which companies from one country sell their goods and services to companies or consumers in a different country is known as Exporting.The exports, along with imports, make up international trade.They are incredibly important to modern economies as they offer people and firms many more markets for their goods.Exporting into foreign markets can reduce per-unit costs by expanding operations to meet increased demand. Also, the companies that export into foreign markets gain new knowledge and experience that may allow the discovery of new technologies, marketing practices, and insights into foreign competitors.what does increasing marginal opportunity costs mean?
Increasing the production of a good requires larger and larger decreases in the production of another good.
Marginal analysis is an examination of the costs and benefits of certain activities. Marginal analysis can show you the additional production costs until you break even, where the company's costs and the revenue it receives from production are the same.
Companies use marginal analysis to ensure that the benefits of a particular activity outweigh the costs. For example, if a company is considering increasing the volume of goods they produce, they will perform a marginal analysis to ensure the cost of producing more products exceeds the additional costs that would accompany the decision, such as increased labor costs or additional materials you may need to produce. the item.
Marginal analysis is useful for helping people and businesses decide how to allocate resources to maximize profitability and benefits while minimizing costs.
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