The two different types of interest rates offered on home mortgages is A) Fixed and variable.
A loan is a financing settlement between a lender and a borrower, where the latter borrows a positive amount of money and repays it over a period of time. A mortgage, or home mortgage, is a sort of mortgage used to shop for real estate, and secured with the aid of the purchased land or house.
Even along with the association charges, a loan continues to be probable to be less expensive than getting rid of a non-public loan. However, to be virtually certain of which would come up with the higher deal you want to evaluate the total value of borrowing - consisting of association charges for the mortgages - of the two styles of a mortgage.
A mortgage is an agreement between you and a lender that gives the lender the proper to take your private home if you fail to pay off the money you've borrowed plus interest. Loan loans are used to shop for a domestic or to borrow money towards the cost of a home you already personal.
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the main advantage of direct assessment procedures over indirect assessment procedures is that the former:
The main advantage of direct assessment procedures over indirect assessment procedures is that the former are likely to be more accurate.
What's the mean of advantage?noun. any state, circumstance, opportunity, or means specially favourable to success, interest, or any desired end: the advantage of a good education. benefit; gain; profit: It will be to his advantage to learn Chinese before going to China.
Does advantage mean good or bad?If it helps you get what you want, or is generally useful, it's advantageous. The root is the Old French word avantage, which means "advantage, profit, or superiority." Anything that assists in your pursuit of these things is advantageous to you.
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percy corporation was formed on january 1. the corporate charter authorized 100,000 shares of $10 par value common stock. during the first month of operation, the corporation issued 340 shares to its attorneys in payment of a $5,400 charge for drawing up the articles of incorporation. the entry to record this transaction would include:
The organization's expenses should be debited for $5,400.
Step 1. Calculate the Common stock
Common stock = Number of shares × values per share
= 340 × $10
= $3,400
Therefore, the Common stock is $3,400
Step 2. Determine the entry to record the transaction:
organization's expenses are debited $5,400
Common stock is $3,400 are Credited.
Paid in total in excess of per value $2,000 are Credited.
The organization's expenses should be debited for $5,400.
common stock is a form of corporate fairness ownership, a sort of security. The phrases vote casting proportion and ordinary percentage also are used often outdoors in America. they are referred to as equity shares or everyday shares within the united kingdom and different Commonwealth nation-states. This type of proportion gives the stockholder the right to percentage in the income of the organization, and to vote on matters of company policy and the composition of the contributors of the board of administrators.
The owners of commonplace stock do not very own any precise property of the company, which belong to all the shareholders in not unusual. An agency may additionally issue each ordinary and preference stock, wherein case the desired shareholders have precedence to get hold of dividends. within the event of liquidation, normal shareholders acquire any remaining funds after bondholders, creditors (such as employees), and desired shareholders are paid. when the liquidation takes place through financial ruin, the ordinary shareholders usually receive nothing.
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describe how the decisions made at the bretton woods conference in 1944 created the framework for postwar u.s. economic and foreign policy.
The Breton Woods Conference established the United States as the leader in international finance by establishing the World Bank and International Monetary Fund, both of which were dominated by Americans.
The World Bank is an international financial agency that makes loans and grants to governments in low- and middle-income countries to fund capital projects. The World Bank Group owns two international institutions, the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). At the 1944 Bretton Woods Conference, it was founded with the International Monetary Fund. After a difficult start, it made its first loan to France in 1947. It focused on lending to developing countries in the 1970s before pivoting away from that objective in the 1980s. The World Bank has been accused of fostering inflation and hindering economic development, prompting riots in 1988 and 2000.
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although meant to protect the interests of american farmers, how did the smoot-hawley tariff hurt the global economy?
The smoot-hawley tariff negatively affected the global economy as it increased the duties at a time when countries were still struggling to repay their debts.
The Smoot-Hawley Tariff Act of 1930 increased import duties to shield American farmers and other businesses from global competitors. It is commonly believed that the Smoot-Hawley Tariff Act contributed to the harshness of the Great Depression in the United States and around the world. The law's official name is the United States Tariff Act of 1930.
The Great Depression and the expenditures of reconstruction after World War I had already put a burden on the economy of the countries affected by Smoot-tariff Hawley's increases. Germany was already having trouble paying war reparations to the United States and other winning allies and was one of the noteworthy loser in the trade wars.
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andy takes out a 10-year loan of l, which he repays by the amortization method at an annual effective interest rate of i . andy makes payments of 1000 at the end of each year. the total amount of interest repaid during the life of the loan is also equal to l. calculate the amount of interest repaid during the first year of the loan.
The amount of interest repaid by the amortization method during the first year of the loan was $755.
Loan amount = (Payment Amount) × a n|i
L = 1000a10|i
Total interest = sum of the payments - the amount of loan = (10)(1000) - 1000a10|i
a10i = 5, i = 15.1%
Interest in first year = 1000 (1 - v10) = 755
Amortization is an accounting technique that is used to reduce the book value of a loan or an intangible asset on a regular basis over a set period of time. When it comes to loans, amortization is the process of spreading out loan payments over time.
Amortization is commonly used to describe the process of reducing the value of a loan or an intangible asset.
Lenders, such as financial institutions, use amortization schedules to present a loan repayment schedule based on a specific maturity date.
According to the matching principle of generally accepted accounting principles, intangibles are amortized (expensed) over time to tie the cost of the asset to the revenues it generates.
Negative amortization occurs when loan payments are less than the accumulated interest, causing the borrower to owe more money rather than less.
Most accounting and spreadsheet software include functions for automatically calculating amortization.
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under paragraph 9 of the trec one to four family residential contract, the buyer needs to move in before closing because she is starting a new job and she is moving in from out of state. what kind of tenancy is formed if she moves in early if the parties fail to negotiate a written lease?
The user is in default is the kind of tenancy is formed if she moves in early if the parties fail to negotiate a written lease.
What is default?Computer science standards refer to existing values for user-configurable settings assigned to software applications, computer programs, or devices. Such settings are also known as presets, especially for electronic devices. The default is a default value that applies universally to all instances of a device or model, making the device as accessible "out of the box" as possible without requiring a lengthy configuration process before use. It is intended to Users simply change the default settings according to their personal preferences. Many devices offer users the option to restore these default settings for one or all options. Such an association increases the likelihood that that setting or value will be selected. This is known as the default effect.to learn more about default from the given link :
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the tangibles that make up the service, such as buildings, landscaping, vehicles, furnishings, signage, brochures, and equipment, comprise which element of the seven ps of services marketing?
The tangibles that make up the service, such as buildings, landscaping, vehicles, furnishings, signage, brochures, and equipment, comprise the "physical evidence" element of the seven ps of services marketing.
The seven Ps of marketing are:
productprice promotionplacepeopleprocess and physical evidence/proofPhysical evidence demonstrates both the existence of your brand and the fact that a transaction occurred. If your company just does business online, a website would be an example of proof of your brand's existence, as would printed business cards you hand out when you meet new people.
Physical or electronic receipts, invoicing, or follow-up email newsletters you send to consumers as a retention strategy are a few examples of proof of purchases.
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a burger restaurant advertises that its new 1/2 pound cheeseburger is bigger and cheaper than its competitor's. it also touts that it is open 24 hours a day, while its competitor closes at 10pm. which principle of mcdonaldization does this exemplify?
The burger restaurant exemplifies the principle of the Calculability of McDonaldization.
The term "McDonaldization" was introduced by American sociologist George Ritzer to describe the late 20th-century trend of rationalizing consumption, work, and manufacturing. The main notion is that these components have been modified to reflect the efficiency, calculability, predictability and standardization, and control of a fast-food restaurant and that this modification has repercussions on every part of society.
McDonaldization gave rise to the idea that if a consumer receives a huge quantity of a high-quality product in a short period of time, it must also be high-quality. This makes it possible for people to compare how much they pay with how much they receive.
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suppose a company has a preferred stock issue and a common stock issue. both have just paid a $2 dividend. which do you think will have a higher price: a share of the preferred or a share of the common?
There are two main ways that common stocks differ from preferred stocks. First, common stocks do not pay a fixed dividend like preferred stocks do. Second, whereas preferred stocks do not have voting rights, common stocks do.
The price per share is the discounted present value of future dividends for both common and preferred stocks.
What are the two main distinctions between preferred stock and common stock?The primary distinction between preferred stock and common stock is that common stock grants shareholders voting rights, whereas preferred stock does not. Preferred shareholders receive dividends first because they have priority over a company's income.
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teall corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (mhs). the company has provided the following data for the most recent month: budgeted level of activity 10,000 mhs actual level of activity 10,100 mhs standard variable manufacturing overhead rate $ 7.20 per mh budgeted fixed manufacturing overhead cost $ 65,000 actual total variable manufacturing overhead $ 66,600 actual total fixed manufacturing overhead $ 70,500 what was the fixed manufacturing overhead budget variance for the month?
The fixed manufacturing overhead budget variance for the month will be $5500.
Variance may be defined as the measurement of the range or spread of the data in a statistical from. It is also equal to the square of the standard deviation of a given data. The fixed manufacturing overhead budget for the month may be defined as the difference between budgeted fixed manufacturing overhead cost and actual fixed manufacturing overhead cost for the month. the formula will be expressed as:
Fixed manufacturing overhead budget = Fixed budget overhead cost - Actual overhead cost
Fixed manufacturing overhead budget = $65000 - $70500
Fixed manufacturing overhead budget = -$5500
The variance is an unfavorable since the actual overhead cost of $70500 outweighs the budgeted cost of $6500.
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given the growth in telecommuting and other mobile work arrangements, how might offices physically change in the coming years? will offices as we think of them today exist in the next ten years? why or why not?
Working from home is a "game plan" that representatives devise with their "bosses" that allows them to "telecommute" or travel to a more remote location "rather than" driving "into the corporate office."
Working from home or a flexible office space outside of an employer's actual office location is referred to as telecommuting. Telecommuters communicate with coworkers and clients via phone and internet. Telecommuting has been a popular choice for workers with dependable internet and phone access since it removes time-consuming commutes to and from an office building. Over 26 million Americans currently work from home at least part-time.
Telecommuting, on the other hand, refers to employees who work part-time or full-time from their homes and may visit a central office on occasion. People frequently use the terms telecommuting and remote work interchangeably.
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suppose provo city officials determine that renters often impose negative externalities on neighboring home owners, and implement the efficient command and control restriction on numbers of renters. but then the home owners themselves protest, feeling that the rule set a bad precedent. this would be an example of government failure due to
This would be an illustration of a government failure brought on by choice limitations.
This would be an illustration of a government failure brought on by choice limitations. An externality is a cost or benefit a producer generates but does not personally bear or receive. An externality can be both positive and negative and might emerge from the production or consumption of a good or service. Natural environmental externalities, such those related to public health or natural resources, are the normal. An example of a negative externality is a company that produces pollution that decreases locals' property values or health. An activity that reduces the transmission of illness or refrains from using lawn fertilizers that wash into rivers and encourage overgrowth of plants in lakes is said to have a positive externality.
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the original plan by the management of espn to broadcast local sports events in connecticut is an example of
Goodwill, brand recognition, copyrights, patents, trademarks, trade names, and customer lists are all examples of intangible assets.
Which kind of business typically has no or few levels of middle management between the top executives and those who report to them?A flat organizational structure has few management levels. As a result, employees will have direct access to upper-level managers. This indicates that workers and higher-level managers share the responsibility for middle managers. It usually means that the worker has more power and autonomy.
What results does the horizontal organizational design produce?Companies can typically focus on their employees and give team members more control under horizontal organizational structures. Because there isn't much of a hierarchical reporting structure, it can also make it easier for managers and employees to communicate with one another more directly.
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what does the income approach to value rely on when valuing single-family and two- to four-unit properties?
The income approach to value rely is based on the idea that the market value is related to rent or income that a property can return hen valuing single-family and two- to four-unit properties.
How do this phenomenon works?
Income approach is a type of real estate method that allows investors to estimate the value of a property based on the income the property generates ( either through rent or income).
While dealing with single family and two to four unit properties appraisers uses the sales comparison approach because the income varies from location to location and also the relative factors associated with it. According to the given area, rent and income generated is considered to calculate its reliance.
Therefore, The income approach to value rely is based on the idea that the market value is related to rent or income that a property can return hen valuing single-family and two- to four-unit properties.
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in order to assess a company's financial risk, investors and creditors frequently consider and analyze the company's:
In order to assess a company's financial risk, investors and creditors frequently consider and analyze the company's long term debt.
Long-term debt ratio is one of the financial leverage ratios used to determine how much long-term debt is being utilized to finance a company's assets. The position of the company's financial position is shown by this ratio. Analysts can gauge the corporation's ability to pay off its long-term outstanding loans using this ratio. Since most businesses only release their balance sheet once per fiscal year, the long-term debt ratio is frequently estimated annually.
The ratio indicates how dependent the company is on debt if it tends to increase over the course of the year. On the other hand, a declining ratio indicates that the company's reliance on debt is decreasing over time.
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crane a can unload the container ship in 10 hours and crane b can unload in 14 hours. crane a started to unload the ship at noon and was joined by crane b at 2pm at what time was the unloading job completed?
A coefficient is the amount by which a factor is multiplied, and it is frequently used in financial formulas. In other words, it shows how many times a number has been added to itself.
What is an example of a coefficients?A multiplier that multiplies two variables.For Example : 35 /6 hrs. = 5 hrs., 50 mints.In 10 hours, Crane A can unload a ship.∴ In one hour, Crane A can unload 1/100 of the ship.
Similar to Crane A, Crane B can discharge 1/14 of the ship in one hour.In a similar manner, Crane B can unload 1/14 of the ship in a single hour.Consequently, both cranes can unload at once.1 /10 + 1 /14 = 12 /70 = 6 /35 of the ship in 1 hr.
Consequently, if both cranes cooperate, the ship will be fully unloaded in35 /6 hrs. = 5 hrs., 50 mints.
Therefore, both the cranes work together, the ship will be completely unloaded in 35/6 hrs.To Learn more About coefficient refer to :
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the government is deciding where to put a $1 tax-either in a market with elastic supply and demand curves, or a market with inelastic supply and demand curves. if their aim is to raise the most revenue with the smallest deadweight loss, where should the tax be placed?
In the market with inelastic supply and demand curves the tax should be placed if their aim is to raise the most revenue with the smallest deadweight loss.
In economics, a demand curve is a graph that shows the relationship between a commodity's price and the amount that is desired at that price. Demand curves can be applied to both the price-quantity relationship for a single consumer as well as for all consumers in a given market.
In the context of accounting, revenue refers to the total income from sales of products and services that are directly related to the company's core operations. Sales or turnover are two other terms for commercial revenue. Interest, royalties, and other fees are sources of income for some businesses. Sales, sales revenue, or net sales are all terms used to describe a company's primary sources of income.
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should a competitive firm keep producing even if it faces short-run losses (and is producing at a point on its mc curve that is above the minimum avc curve)?
Option b.) Yes, because it covers its variable costs and some fixed costs because, the most common types of variable costs include labor, utilities, fees and raw materials. It exhausts the running loss (and is generated at points on the mc curve that exceed the minimum avc curve).
Variable costs are all costs that vary depending on how much a company produces and sells. Variable costs are all costs incurred in relation to the number of goods or services that a business produces. A company's variable costs increase or decrease according to production volume. As production increases, variable costs increase. But as volume declines.
Variable costs increase or decrease depending on a company's production or sales volume.
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in order for a adroc development corp. to receive approval to build a new subdivision, it is required to create a community park bordering the development. the developer agreed to do so, but what may the city require to ensure the park actually gets completed?
So that adroc development corp. A community park must be built along the boundary of a new subdivision in order to receive approval. The developer agreed to do so, but the city may require a completion bond to guarantee the park's completion.
What exactly is a completion bond?
A contract known as a completion bond promises financial compensation in the event that a project is not completed. It safeguards the project in the event that the contractor runs out of money or encounters other budgetary issues. Films, video games, and construction projects are among the many industries that make use of completion bonds.
What exactly is a bond growth?
A development impact bond is a type of security that attracts private investors to finance development programs in low-resource nations. A subset of social impact bonds are development impact bonds.
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hanson company (see be9.4) borrowed $1,000,000 on march 1 on a 5-year, 12% note to help finance construction of the building. in addition, the company had outstanding all year a 10%, 5-year, $2,000,000 note payable and an 11%, 4-year, $3,500,000 note payable. compute the weighted-average interest rate used for interest capitalization purposes.
According to the given information, the weighted-average interest rate used for interest capitalization purposes is 10.64%
Particulars Principle Interest
5 years 10% Note $2,000,000 $200,000
4 years 11% Note $3,500,000 $385,000
Total $5,500,000 $585,000
Weighted average interest rate = $585,000 / $5,500,000
= 0.1064
Weighted average interest rate = 10.64%
A weighted average computation accounts for the varied levels of significance of the numbers in a data collection. A specified weight is multiplied by each value in the data set before the final computation is completed when calculating a weighted average.When all of the numbers in a data collection are given the same weight, a simple average can be less accurate than a weighted average.All numbers are given equal consideration and weight when calculating a simple average, also known as an arithmetic mean. However, a weighted average applies weights that predetermine the proportional significance of each data point.Learn more about Weighted average interest rate, here
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The manager of a 150-unit apartment complex knows from experience that all units will be occupied if the rent is $1000 per month. A market survey suggests that, on average, one additional unit will remain vacant for each $20 increase in rent. What rent should the manager charge to maximize revenue?.
The rent that the manager should charge to maximize revenue will be $2,000.
In business, a rent is known as the cost incurred by a business to utilize a property or location for an office, retail space, factory, or storage space.
Initially, to find revenue by coming up we can calculate with an equation below:
Revenue = Price × Revenue
Where, price = 1000 + 20x
Quantity = 150 - x
R(x) = (1000+20x) (150-x)
R(x) = 150000 - 1000x + 3000x - 20x²
R(x) = - 20x² + 2000x + 150000
To maximize the revenue, we calculate the derivative and set it to zero:
R(x) = - 20x² + 2000x + 150000
R(x) = -40x + 2000
-40x + 2000 = 0
40x = 2000
x = 50
After we find the amount of X, thus we determine the rent that the manager should charge to maximize revenue
Price=$1000+20x
Price=$1000+20(50)
Price=$1,000 + 1,000
Price = $2,000
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a data analyst is working for a local power company. recently, many new apartments have been built in the community, so the company wants to determine how much electricity it needs to produce for the new residents in the future. a data analyst uses data to help the company make a more informed forecast. this is an example of which problem type?
The data analyst uses data to help the company make a more informed forecast. this is an example of Making predictions problem type.
A data analyst examines data to find significant insights about a company's customers and potential uses for the information in problem-solving. They also share this information with the company's management and other stakeholders. Modern businesses rely heavily on data analysts to reflect on their work and client base, determine how these aspects have affected profitability, and advise leadership on how to move forward and expand the company.
Making predictions based on historical and current data is the process of forecast. These might then be evaluated in light of what transpires. A business might, as an illustration, forecast its income for the upcoming year and then contrast it with the actual outcomes. Numerous fields where projections of future conditions are helpful can benefit from forecast.
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a 17 year old building would cost $245,000 to build new today. you estimate the effective age to be 15 years, the remaining economic life is 45 years and the land value to be $65,000. what is the value by the cost approach?
A 17 year old building would cost $245,000 to build new today. you estimate the effective age to be 15 years, the remaining economic life is 45 years and the land value to be $65,000. The value by the cost approach 229150.
What is effective age?Effective age is the age that reflects the actual remaining useful life of the asset, taking into account the typical life expectancy of the building or its equipment class and its use. Effective Age is the age indicated by the condition and usefulness of the structure. statement is true. The formula for the cost approach is: 12 year old building in good condition is 6 years old according to appraiser. This is known as the effective age.Effective Age is an estimated age based on the usefulness and physical wear and tear of the structure. Effective age is a term used by appraisers to state the age of property based on its current condition rather than its actual age.To learn more about effective age from the given link :
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what kinds of e-commerce activities will the company's new website need to support to best promote their expanded services nationally? a. mobile-side b. digital-side c. buy-side d. sell-side
Digital-side kinds of e-commerce activities will the company's new website need to support to best promote their expanded services nationally.
E-commerce, commonly referred to as electronic commerce or internet commerce, is the term used to describe the exchange of money and data for the purpose of transacting business through the internet. These business dealings can be either B2B (business-to-business), B2C (business-to-consumer), C2C (consumer-to-consumer), or C2B. An e-commerce website is one that enables customers to buy and sell tangible products, services, and digital commodities over the internet as opposed to at a physical store. A company can process orders, receive payments, handle shipping and logistics, and offer customer care through an e-commerce website.
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palmona company establishes a $200 petty cash fund on january 1. on january 8, the fund shows $38 in cash along with receipts for the following expenditures: postage, $74; transportation-in, $29; delivery expenses, $16; and miscellaneous expenses, $43. palmona uses the perpetual system in accounting for merchandise inventory. 1. prepare the entry to establish the fund on january 1. 2. prepare the entry to reimburse the fund on january 8 under two separate situations: a. to reimburse the fund. b. to reimburse the fund and increase it to $450. hint: make two entries.
The entire expenses came to $162, leaving a $38 cash balance in the petty cash account. The petty cash account needs to be debited by $250 in order to raise the petty cash fund from $200 to $450.
In order to pay for unnecessary or trivial items like office supplies or employee reimbursements, a small amount of business money known as petty cash is commonly kept on hand (for example, in a lockable drawer or box). A petty cash fund is regularly reconciled, and transactions are also recorded on the financial accounts. Petty cash is a little amount of cash kept on the business's premises to pay for insignificant expenses. These payments can be made in the form of, among other things, cards, flowers, and office supplies. When not in use, petty cash is kept in a box or drawer that is easily accessible.
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a retailer has annual sales of $475,000 and an average finished-goods inventory of $18,000. if the retailer sells each unit for an average of $27 and purchases the units for $12, what is its annual inventory turnover?
11.72 will be Its annual inventory turnover.
Inventory Turnover Ratio = (Cost of goods sold)/(Average Inventory)
Following values are given in the question,
Average finished-goods inventory = $18,000
Annual Sales = $475,000
Selling Price per unit = $27
Purchase price of goods per unit = $12
Number of goods sold = Annual Sales/ Selling Price per unit
Number of goods sold = 475000/27
Number of goods sold = 17592 unit
Cost of goods sold = Number of Goods sold*Purchase price of goods per unit
Cost of goods sold = 17592*12
Cost of goods sold = $211,104
Inventory Turnover ratio = (Cost of goods sold)/(Average Inventory)
Inventory Turnover ratio = 211104/18000
Inventory Turnover ratio = 11.72
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the most important criterion for project selection is: multiple choice question. the project's fit to the organization's strategy. financial return of the project. the project's fit to the corporate culture.
Exposure to business risk, return on investment, and statutory requirements are the most significant criteria. The availability of resources to carry out projects is a significant factor in project selection, and the outcome of project scoring is not the only factor.
Why is it essential to prioritize projects in a systematic manner?
You find and get rid of waste there. Inadequate prioritization results in failed projects and, ultimately, missed business objectives. A well-executed project prioritization process will enable you to strategically align your decisions regarding resource allocation and produce more successful projects.
soliciting advice from upper management. -Setting a common financial objective for all project types (operational, strategic, and compliance)- Making decisions with a group of people rather than just one person.
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annual investments are being made so that $20,000 will be accumulated at the end of 10 years. the interest rate on these investments is initially expected to be 4 percent compounded annually. after 4 years, the rate of interest is unexpectedly increased to 5 percent, so that payments for the remaining 6 years can be reduced. what amounts should be invested annually for the first 4 years and what sums for the last 6?
The total amount invested for the last 6 years is $9388.08
The accumulated amount will be $20000 at the end of 10 years
Interest rate = 4% compounded annually
Let x be the annual investment then,
Accumulated amount = x{ (1+r)^t - 1/r}
20000 = x{(1+4/100)^4-1/(4/100)
x = 20000*4/(100*{(1.04)^10-1}
x = 1665.82
For the first four years, the annual investment is $1665.82
After 4 years interest increases to 5%, So, let after 4 years the annual deposited amount be y
So, first we calculate the accumulated amount for the first 4 years
1665.82*{(1+4/100)^4-1}/(4/100)
(1665.82*100)/4*0.1698
= 7073.84
Now this, accumulated amount will act as principal for the 6 years
7073.84*(1+5/100)^6 + y{(1+5/100)^6-1}/(5/100) = 20000
y{(1.05)^6 - 1}/(5/100) = 20000 - 7073.84*(1.05)^6
= 10520.38
y = 10520.38/{(1.05)^6-1}*5/100
= (10520.38*5)/(100*0.3400)
= $1564.68
Total investment for 6 years = 1564.68*6 = $9388.08
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The concept of in-groups and out-groups is an integral part of which leadership theory?.
The concept of in-groups and out-groups is an integral part of the leader-member exchange(LMX) theory.
leader–member trade (LMX) idea suggests that leaders and followers increase specific relationships based on their social exchanges, and the niceness of these exchanges within an employer can impact worker results.
LMX idea is the first-rate principle of management as in contrast to the other theories, it concentrates and talks about approximately specific relationships between the leader and every subordinate. LMX concept is a sturdy explanatory principle. LMX theory focuses our interest on the significance of verbal exchange in leadership.
foundation understanding. chief-member trade (LMX) advanced from the vertical dyad linkage (VDL) concept. added this precise management principle, which displays the vertical dyadic interplay among leaders and participants.
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if a firm hires labor such that w > vmpl, then profit: group of answer choices can be increased by hiring less labor. can be increased by decreasing the price of the output. can be increased by hiring more labor. is maximized.
When a firm hires labor such that w > vmpl, then profit can be increased by hiring more labor.
What is labor?Labor economics is the study of labor as a factor in the production process. The workforce includes all those active in the labor market, including employees, employers, and the self-employed, as well as the unemployed looking for work. Labor economics includes all studies that affect these workers before, during, and after their working lives. Parenting, Education, Wages and Incentives, Fertility, Discrimination, Leave, and Pension Reform.Labor markets operate through the interaction of workers and employers and may be geographically limited within a country or region, or globally. Labor economics is also concerned with the movement of workers within and between such markets, as well as within and between employers.Labor is the number of workers in the economy and the effort they expend in producing goods and services. Work can be categorized in many ways. Labor is the effort people expend in producing goods and services.
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Answer:
can be increased by hiring less labor.
Explanation:
