An example of an alliance that failed due to partner incompatibility is Peugeot/GM.
What causes of partner incompatibility?A major cause of relationship incompatibility is that partners do not balance what they expect from the relationship and from each other. I analyzed that. Incompatibility refers to persistent and unresolvable disagreements or irreconcilable conflicts between spouses that make it impossible for them to continue to live together as spouses. Incompatibility means that each partner takes a position that excludes the other. For example, one person wants to have another child, but the other spouse does not. How a couple resolves these differences is very fundamental and can determine whether a relationship stands the test of time.
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Which of the following is most typical of a command economy?A) Consumers have choices of many substitutes for any given product.B) Quality of products and services tends to be consistent.C) The prices of goods and services frequently change.D) Many products are usually in short supply.
It is most typical of a command economy for many products to be in short supply.
What distinguishes a command economy from other types?Control by the government is the key component of a command economy. The government establishes economic priorities, regulates production, and sets prices rather than letting market forces determine what gets produced and how much.
What qualifies as a command economy, out of the following?A command economy is one in which all economic decisions are made at the federal level. Land and producing equipment are owned by either the state or a group of people. It is independent from the market economy's supply and demand laws.
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Which of the following is NOT a characteristic of an NGO?
A. Educate the general public
B. Encourage consumers to protest
C. File cases in consumer courts for the purpose of general interest.
D. Profit making
The answer that best fits the question is (D), which states that making a profit is NOT a trait of an NGO.
NGO—what exactly do you mean?NGOs were originally referred to as such in Section 28 of the 1945 Charter of the recently established United Nations. While NGOs do not have a set or official definition, they are typically thought of as nonprofit organizations that are unaffected by political control (although they may receive government funding).
What is the primary goal of an NGO?The role of an NGO is to engage on all advocacy, social, environmental, and human rights issues. They actively work to advance and enhance the political and cultural climate of the society.
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when an individual parcel of land is given approval to deviate from a zoning regulation, it is called:
When an individual parcel of land is given approval to deviate from a zoning regulation is called Variance.
variances grant the property owner permission to use the land for means that usually are restricted by its zoning regulations. we need variance in Commercial activities in a residential district, industrial activities in a commercial region and in Multiple dwellings in a district zoned for single family homes. the use variance allows property owners to use the property in ways contrary to the neighborhood’s nature, there is a high threshold for obtaining this variance. The owner has to prove that the existing zoning conditions created a hardship for them.
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When calculating interest on a promissory note with the maturity date stated in terms of days, the
maker pays more interest if 365 days are used instead of 360.
maker pays the same interest regardless if 365 or 360 days are used.
payee receives more interest if 360 days are used instead of 365.
payee receives less interest if 360 days are used instead of 365.
Answer:
"interest" (and any subsequent words) was ignored because we limit queries to 32 words.
Which of the following represents one of the primary components of the value chain?
a.
Outbound logistics
b.
Firm infrastructure
c.
Human resource management
d.
Research and development
e.
Procurement
One of the key elements of the value chain is outbound logistics. In order to gain a competitive edge, the goal of the value chain is to provide the most value at the lowest cost.
What are a value chain's five main tasks?
The value chain framework consists of four secondary activities, procurement and purchasing, human resource management, technological development, and business infrastructure, in addition to five primary activities: inbound operations, operations, outbound logistics, marketing and sales, and service.
Why is a value chain called that?
The process by which companies acquire raw materials, add value to them through production, manufacturing, and other processes to produce a finished product, and then sell the finished product to customers is referred to as the value chain.
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Which of the following contributes most in gross domestic product GDP of India Mcq? A. Primary sector/agricultur & Allied Sector B. Secondary Sector/Industry Sector C. Tertiary sector/services sector D. Both secondary and tertiary
(C) The tertiary sector (service sector) makes up the largest portion of India's GDP.
What is the tertiary sector (service sector)?The tertiary of the economy, sometimes known as the service sector, is the third of the three sectors of the economy in the 3 models (also known as the economic cycle).
The other two are the secondary sector and the primary sector (raw materials) (manufacturing).
The tertiary sector consists of the provision of services rather than finished commodities.
Services are frequently referred to as "intangible products," and examples include attention, counsel, access, experience, and affective labor.
Although it was once thought of as a service, some economists now believe that the quaternary sector, a fourth one, is responsible for the generation of information.
About 53% of the GDP is made up of the tertiary sector, which is involved in the provision of services.
Therefore, (C) the tertiary sector (service sector) makes up the largest portion of India's GDP.
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a company had $14 missing from petty cash that was not accounted for by petty cash receipts. the correct procedure is to:
The correct procedure would be to debit cash over and short for the difference of $43.
A debit is an accounting transaction that lowers liabilities or increases assets.All debits are made on the left side of the ledger in double-entry bookkeeping, and these debits must be balanced by corresponding credits on the right side of the ledger.A balance sheet credits negative balances and debits positive values for assets and expenses.In a typical journal entry, all debits are listed on the top lines, followed by all credits on the line below the debits. A debit is on the left side of the chart when using T-accounts, and a credit is on the right. The trial balance and adjusted trial balance both use debits and credits to make sure that all entries balance.Learn more about Debit, here
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the management of lee corporation is considering a project that would require an investment of $400,000 and would last for 8 years. the annual net operating income from the project would be $140,000, which includes depreciation of $43,000. the salvage value of the project's assets at the end of the project would be $56,000. the payback period of the project is closest to: a. 2.2 years b. 2.9 years c. 3.5 years d. 4.1 years
The payback period of the project is closest to 2.9 years. This can be calculated using the following formula:
Payback Period = Investment / Annual Net Operating Income
Payback Period = 400,000 / (140,000 - 43,000)
Payback Period = 2.86 years (or 2.9 years rounded up)
Payback period is defined as the number of years required to recover the original cash investment. In other words, it is the period of time at the end of which a machine, facility, or other investment has produced sufficient net revenue to recover its investment costs.
Once the cumulative cash flow is positive—the payback year—the cost of the investment is divided by the annual cash flow to get the payback period. Typically, the payback period is indicated in years.
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suppose you invest $1,000 in a mutual fund. if the annual return of that fund is 5%, how many years will it take before your fund is worth $2,000?
It will take 14 years before your fund is worth $2,000.
funding is the act of imparting assets, normally in shape of cash, or different values such as attempt or time, for a task, a person, a commercial enterprise, or every other private or public institution. The technique of soliciting and accumulating finances is known as fundraising. An funding fund, often referred to as a fund. Hedge fund, an funding car open best to buyers who are certified in a few manner. Mutual fund, a particular form of investment fund which swimming pools cash from many traders to buy securities. Sovereign wealth fund, a state-owned funding fund. Fund accounting, nonprofit companies and by means of the public quarter.
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Content and process are perspectives onO culture. O behaviors. O attitudes. O motivation Margot is a third grade teacher who spends time each afternoon tutoring students who need a little extra guidance. Margot also volunteers to read to the residents at a nursing home. Margot seems to seek rewards O extrinsic O valence O affiliationO intrinsic
Quite possibly of the most major problem confronting schools today is tracking down suitable ways of supporting educators who are as yet staggering from the pressure added to their positions by the Coronavirus pandemic.
There are several causes of this issue. First, despite receiving funds from the CARES Act and ESSER I and II, numerous school districts are still attempting to use those funds in a manner that will provide teachers and students with genuine and long-lasting support. In addition, there is a high rate of teacher turnover, which indicates that there are frequently insufficient experienced teachers to provide outside-of-the-classroom interventions for students—interventions that are essential for reducing teacher stress themselves. Students' academic performance and social-emotional development can also be harmed by a lack of support.Most importantly, there are now more students in public schools than ever before who require individualized learning support. Teachers who strive to make lessons accessible to all students face additional challenges as a result. In any case, there will be understudies who need additional help.
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in pure competition, to calculate economic profit, we first calculate the difference between and average total cost and then multiply it by output. (type only one word in blank.)
In a market where there is only competition, economic profit is determined by subtracting the average total cost from the average output revenue.
What is the standard formula for revenue?How do you determine the profit per unit? By dividing sales income by the total number of units sold, one can get revenue per unit. Average Revenue Every Unit is calculated as Net Income / Total Sold.
What are marginal revenue and average revenue?Definition. The money that an organization can obtain by selling a single unit of their good or service is known as the "Average Revenue." The income a business can obtain by selling an extra unit of its goods or services is known as marginal revenue.
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on november 1, alan company signed a 120-day, 8% note payable, with a face value of $21,600. what is the adjusting entry for the accrued interest at december 31 on the note? (use 360 days a year.)
On November 1, alan's company signed a 120-day, 8% note payable, with a face value of $21,600.
Debit Interest Expense, $288; credit Interest Payable, $288.
Interest payable (21600*0.08*60/360)
A company, abbreviated as co., is a legal entity representing an affiliation of people, whether or not natural, felony or a aggregate of each, with a selected goal. organization contributors proportion a commonplace motive and unite to attain specific, declared dreams.
A corporation is a criminal entity fashioned with the aid of a collection of individuals to engage in and perform a business—business or commercial—business enterprise. A organization can be organized in various methods for tax and financial liability functions relying on the corporate regulation of its jurisdiction.
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Which of the following correctly explains the effect of a variable on the labor demand curve?
A. If the wage increases, then the labor demand curve will shift to the right.
B. If the quantities of other inputs increase, then the labor demand curve will shift to the left.
C. If the price of the product increases, then we will move down the labor demand curve.
D. If human capital increases, then the labor demand curve will shift to the right.
E. If the number of firms in the market increases, then we will move up the labor demand curve.
The labor demand curve will move to the right to reflect the effect of a variable if human capital rises.
An employer faces a downward sloping demand curve for output if it does not sell its produce in a perfectly competitive industry. This implies that the firm must cut its price in order to sell more of its output. This is true regardless of whether the company is a monopoly, oligopoly, or monopolistically competitive. In this instance, the marginal revenue—rather than the price—is the value of each additional unit of output sold. This implies that the marginal revenue, rather than the price, determines the worth of a worker's product. As a result, the marginal revenue product, often known as the marginal revenue product, is the demand for labor.
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sybermart corporation has just distributed $0.25 dividend. the company is growing very fast and expected to grow fast few more years. the expected growth rates for the following four years are 150, 900, 60, 25, percent, respectively. after that the growth will slow down and will stay at 4 percent for the foreseeable future. the required rate of return is 12 percent. based on these assumptions, what is the fair price of this stock? calculate the price using dividend discount model.
The fair price of the stock using the dividend discount model is $5.38.
Calculate the annual dividend per share:
Dividend per share = $0.25
Calculate the dividend growth rate for each year:
Year 1: 150% of $0.25 = $0.375
Year 2: 900% of $0.25 = $2.25
Year 3: 60% of $2.25 = $1.35
Year 4: 25% of $1.35 = $0.338
Calculate the present value of the dividends:
Present Value of Dividends = D1 / (1 + r) + D2 / (1 + r)2 + D3 / (1 + r)3 + D4 / (1 + r)4
Where,
D1 = Dividend per share in Year 1
D2 = Dividend per share in Year 2
D3 = Dividend per share in Year 3
D4 = Dividend per share in Year 4
r = Required rate of return
Present Value of Dividends = $0.25 / (1 + 0.12) + $2.25 / (1 + 0.12)2 + $1.35 / (1 + 0.12)3 + $0.338 / (1 + 0.12)4
Present Value of Dividends = $2.67
Calculate the present value of the growth:
Present Value of Growth = (D5 / (r - g)) / (1 + r)4
Where,
D5 = Dividend per share in Year 5
g = Growth rate
Present Value of Growth = ($0.338 / (0.12 - 0.04)) / (1 + 0.12)4
Present Value of Growth = $2.71
Calculate the fair price of the stock:
Fair Price of Stock = Present Value of Dividends + Present Value of Growth
Fair Price of Stock = $2.67 + $2.71
Fair Price of Stock = $5.38
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Which of the following is correct when a corporation uses cash to pay for an expense?
A. Owners' equity will increase.
B. Total assets will decrease.
C. Liabilities will increase.
D. Retained earnings will increase.
The correct option is B. A corporation uses cash to pay for an expense when its Total assets will decrease.
When an expense is recorded and paid for in cash, the cash (asset) account decreases, while the amount of the expense decreases the retained earnings account. As a result, there are offsetting declines in the balance sheet's asset and equity sections. When a company receives cash from a customer before providing services, it records it in a liability account called deferred revenue. Revenue cannot be recorded on the income statement until the services are rendered.
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at the present time, cold goose metal works (cgmw) has a series of five-year noncallable bonds with a face value of $1,000 that are outstanding. these bonds have a current market price of $1,438.04 per bond, carry a coupon rate of 14%, and distribute annual coupon payments. the company incurs a federal-plus-state tax rate of 35%. if cgmw wants to issue new debt, what would be a reasonable estimate for its after-tax cost of debt (rounded to two decimal places)? 2.14% 3.08% 3.22% 2.68%
d) The after-tax cost of debt (rounded to two decimal places) is 2.68%
The after-tax cost of debt is the interest rate on a loan or debt obligation after all taxes have been accounted for. It is calculated by subtracting the tax rate from the nominal interest rate. For example, if an investor has a loan with a 10% interest rate and a 20% tax rate, their after-tax cost of debt would be 8%.
Calculate the after-tax yield of the current bonds.
After-tax yield = (14% x (1 - 0.35)) = 9.1%
Calculate the after-tax cost of debt.
The after-tax cost of debt = (Market Price - Face Value) / Face Value
After-tax cost of debt = (1,438.04 - 1,000) / 1,000 = 0.438
Calculate the after-tax cost of debt (rounded to two decimal places).
After-tax cost of debt = 9.1% + 0.438 = 9.54%
The after-tax cost of debt (rounded to two decimal places) = 9.54% = 2.68%
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product-related competitive priorities are typically categorized based on timeliness, quality and cost. the ability of a supplier to consistently deliver on time addresses which category of product related competitive priorities? (refer to chapter 2) group of answer choices quality timeliness cost none of the above
The strategic plan is the most in-depth and the most confined of a three levels of plan because it must work within a set of choices established in the corporation and Sub - unit strategic plans.
How do operational priorities connect to competitive priorities?There are five fundamental competitive priorities in strategy. Those are Cost: offering goods at a reduced price. Quality Producing goods of superior quality. Delivery: The prompt provision of goods. Flexibility offering a broad range of items Service: The methods used to distribute and support products.
What does a cost-competitive priority mean?Cost reduction is typically prioritized over quality and timeliness when there is a competitive pressure to do so. Depending on the type of goods, different expenses may vary in how significant to customers.
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barclay, inc. sold equipment that originally cost $30,000 four years ago for $8,000 cash. the equipment had accumulated depreciation totaling $24,000. how will this transaction be listed in the investing activities section of barclay's statement of cash flows?
This transaction is listed as a Cash inflow of $8,000 in the investing activities section of Barclay's statement of cash flows.
Stability Sheet: coins are reduced by using the quantity of the purchase, and PP&E is accelerated through the quantity of the purchase. coins float announcement: the purchase of the system seems as a cash outflow below coins floats from investing activities.
Many accountants choose the oblique approach as it is simple to prepare the coins to drift announcement using records from the opposite two common financial statements, the profits declaration, and the stability sheet.
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true or false? healthcare organizations should conduct a marketing audit prior to hiring a marketing director.
"Healthcare organizations should conduct a marketing audit prior to hiring a marketing director. " This statement is True.
advertising and marketing is the activity, set of institutions, and approaches for growing, speaking, handing over, and exchanging services that have fee for customers, customers, companions, and society at massive. it's miles, in brief, an motion taken to carry attention to a commercial enterprise' offerings; they may be bodily items for sale or services presented. common examples of advertising and marketing at work include television advertisements, billboards on the side of the road, and mag advertisements.
The significance of marketing in your enterprise is that it makes the customers aware about your products or services, engages them, and helps them make the shopping for decision. furthermore, a marketing plan, part of your business plan allows in creating and keeping call for, relevance, reputation, competition, and so on.
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ebook firms hl and ll are identical except for their financial leverage ratios and the interest rates they pay on debt. each has $11 million in invested capital, has $1.65 million of ebit, and is in the 25% federal-plus-state tax bracket. both firms are small with average sales of $25 million or less during the past 3 years, so both are exempt from the interest deduction limitation. firm hl, however, has a debt-to-capital ratio of 60% and pays 12% interest on its debt, whereas ll has a 25% debt-to-capital ratio and pays only 9% interest on its debt. neither firm uses preferred stock in its capital structure. calculate the return on invested capital (roic) for each firm. round your answers to two decimal places. roic for firm ll: % roic for firm hl: % calculate the return on equity (roe) for each firm. round your answers to two decimal places.
The ROIC for firm HL is 12% and the ROIC for firm LL is also 12%.
How do you calculate the return of equity?The formula for determining ROIC is posted below.
{ROIC} = {{EBIT}(1-T)}{{Total invested capital}}
ROIC= Total invested capital EBIT(1−T)
We are aware that both businesses have a 40% tax rate, $4 million in EBIT, and $20 million in total invested capital. The ROIC and the return of equity will be the same for both businesses because these factors are all the same.
ROIC= {$4,000,000(1-0.40)}{$20,000,000}
$20,000,000
$4,000,000(1−0.40)
ROIC= {$2,400,000}{$20,000,000}
$20,000,000
$2,400,000
ROIC= .12 or 12%
The ROIC is 12% for both firms
The ROIC for firm HL is 12% and the ROIC for firm LL is also 12%.
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kiwi interests is a partnership with a tax year that ends on september 30, 2021. during that year, kereru, a partner, received $2,000 per month as a guaranteed payment, and his share of partnership income after guaranteed payments was $14,000. for october through december of 2021, kereru received guaranteed payments of $3,000 per month. calculate the total amount of income from the partnership that kereru should report for the tax year ended december 31, 2021. $fill in the blank 1
The total amount of income from the partnership that Kereru should report for the tax year that ended December 31, 2021, is $19,000.
Add the guaranteed payments that Kereru has received from October to December 2021:
$3,000 + $3,000 + $3,000 = $9,000
Add Kereru's share of partnership income after guaranteed payments for the tax year ended September 30, 2021:
$14,000
Add the two amounts:
$9,000 + $14,000 = $23,000
Subtract the guaranteed payments that Kereru has received from January to September 2021:
$23,000 - $2,000 x 9 = $19,000
Therefore, the total amount of income from the partnership that Kereru should report for the tax year ended December 31, 2021, is $19,000.
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if a bank has a required reserve ratio of 30%, excess reserves of $45 million, and deposits of $100 million, how much can the bank lend out?
The amount the bank can lend out if a bank has a required reserve ratio of 30%, excess reserves of $45 million, and deposits of $100 million are $95 million.
The amount the bank can lend out is calculated by subtracting the required reserves from the total reserves. As the bank has a required reserve ratio of 30%, excess reserves of $45 million, and deposits of $100 million then
In this case, total reserves = required reserves + excess reserves = $100 million × 30% + $45 million = $135 million. So, the amount the bank can lend out is $135 million - $100 million × 30% = $95 million.
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Which of the following is true of cost-benefit analysis?
It evaluates the design of data structure and content.
It is a review of how soon the system of software application will become outdated.
It shows the flow of data between departments.
It compares the expense of completing a task with and without an automated system.
It evaluates the frequency and criticality of automating specific tasks within a functional area.
The true statement about the cost-benefit analysis is (D) "it compares the expenses associated with carrying out an operation manually versus automatically."
What do we mean by a cost-benefit analysis?The cost-benefit analysis can be used to assess the costs and benefits of interventions when both are expressed in monetary terms.
The idea icon Cost-benefit analyses (CBA) and CEA consider health outcomes.
It contrasts how much it costs to complete a task manually versus automatically.
The general steps in a cost-benefit analysis are to create the analysis plan, identify costs, identify benefits, analyze both costs and benefits, and then come to a conclusion.
These phases can change depending on the methodology.
There are intrinsic costs and benefits to conducting a cost-benefit analysis.
The time required to thoroughly analyze and calculate all possible rewards and expenses is included in the costs.
Therefore, the true statement about the cost-benefit analysis is (D) "it compares the expenses associated with carrying out an operation manually versus automatically."
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Correct question:
Which of the following is true of cost-benefit analysis?
a. It evaluates the design of data structure and content.
b. It is a review of how soon the system of software applications will become outdated.
c. It shows the flow of data between departments.
d. It compares the expense of completing a task with and without an automated system.
e. It evaluates the frequency and criticality of automating specific tasks within a functional area.
what is the maximum loss for an individual who purchases an option? qid: 3569871 mark for review a the strike price times 100. b the difference between the market price of the underlying security and the strike price. c 100% of the premium. d an unlimited amount.
Opting for option C is the best course of action because a put writer will profit most if the market price rises and the put expires "out of the money." In this case, the put writer keeps the premium amount.
What is the maximum profit a call option buyer can achieve?As a call buyer, your potential profit is boundless because there is no limit on price rise. What choices are there for a call buyer? > to buy the underlying when exercising the option would be profitable.
Exactly how is the strike price determined?The stock will be sold for the price determined by the seller as the strike price on the day the contract expires.
According to the given information
Opting for option C is the best course of action because a put writer will profit most if the market price rises and the put expires "out of the money." In this case, the put writer keeps the premium amount.
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you can be arrested for not stopping when the vehicle performing a stop is a marked law enforcement vehicle. True or False?
You can be arrested for not stopping when the vehicle performing a stop is a marked law enforcement vehicle. This statement is true.
What is law enforcement vehicle?
The Disaster Services Technology paid, and volunteer team designed and built the ECRV, or Emergency Communications Response Vehicle, for the American Red Cross to provide communication links between disaster relief activities and the Disaster Operation Center. The ECRV has, however, been phased out as of February 21, 2013, in favour of more transportable and adaptable systems. Prior to replacement, they included an interoperability switch that enables communication between the Red Cross and the range of communication systems based in the state-wide network of chapters.
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which of the following statements is true? group of answer choices if the gini coefficient is 1.00, then the lorenz curve and the line of perfect income equality coincide. if the gini coefficient is 0.50, then one-half of the households earn one-half of the income, and the other half of the households earn the other half. if the government succeeds in decreasing income inequality, then the gini coefficient will decrease. if the gini coefficient is large, then the space between the lorenz curve and the line of perfect income equality will be small.
If the government succeeds in decreasing the income inequality, then the gini coefficient will decrease.
What is Gini coefficient?
The Gini coefficient is a measure of statistical dispersion that is used to measure the inequality of a distribution. It is most commonly used to measure wealth distribution or income inequality, but can also be used to measure the inequality of any distribution of data. The Gini coefficient ranges from 0 to 1, with 0 indicating perfect equality and 1 indicating perfect inequality.
Explain the term Income inequality?
Income inequality is the unequal distribution of income and wealth among individuals or groups within a society. It is a significant issue in many countries around the world, with the gap between the rich and the poor widening in many countries. Income inequality can be measured in terms of Gini coefficients, which measure the degree of inequality in a society.
Therefore, the true option is Option C.
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a buyer of a futures contract benefits if the price of the commodity increases.
A buyer of a futures contract benefits if the price of the commodity increases is a true statement.
How do futures contracts impact the cost?Futures prices decline as more contracts become available for trading as a result of arbitrageurs shorting futures contracts. The trader makes money when the proceeds from shorting the contracts exceed the money used to cover the position by purchasing the underlying asset.
The current cash cost of a commodity for immediate purchase and delivery is known as the spot price. The futures price secures the cost of the commodity that will typically be supplied several months from now at a different time than the present. With commodity futures, the buyer commits to buy or sell a specific amount of a physical commodity at a given price on a specific future date.
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Which of the following contributes most in GDP of India Mcq? A, Primary sector B. Second Sector C. Service Sector D. None of the above
(C) The tertiary sector (service sector) contributes most to the GDP of India.
What is the tertiary sector (service sector)?The third of the three economic sectors in the three-sector model is the tertiary sector of the economy, commonly referred to as the service sector (also known as the economic cycle).
The primary sector (raw materials) and the secondary sector are the others (manufacturing).
The supply of services rather than finished goods makes up the tertiary sector.
Attention, counsel, access, experience, and affective labor are examples of services, which are also referred to as "intangible goods."
Long considered a service, the creation of information is now attributed by some economists to a fourth sector known as the quaternary sector.
The tertiary sector, which is concerned with the provision of services, makes up about 53% of the GDP.
Therefore, (C) the tertiary sector (service sector) contributes most in the GDP of India.
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what two actions should a call center technician avoid when dealing with an angry customer? (choose two.)
Two actions should a call centre technician avoid when dealing with an angry customer are spending time explaining what caused the problem and putting the customer on hold or transferring the call.
What is the importance of call centre team organisation?
The call centre team structure clearly defines roles, enabling customer service agents to handle an issue promptly or escalate it as necessary. This may reduce the mean time to resolution, a crucial indicator of how well customers is being served.
What aspect of a call centre is most crucial?
Talents in communication (including active listening). In a call centre, excellent communication is crucial. The verbal capacity to clearly, simply, and efficiently convey complicated subjects is referred to as effective communication.
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what is the effect of recording a sale of inventory under the perpetual inventory system on the financial statements? (assume that the sales price is higher than the cost of inventory)
Stockholders' equity increases, Total assets increase and Net income increases are the effect of recording a sale of inventory under the perpetual inventory system on the financial statement.
Financial statements are documents that describe a enterprise's operations and financial performance. Government entities, accounting companies, and other organizations frequently audit financial accounts to assure their accuracy and for tax, financing, or investment purposes. Financial statements goal is to give users of all types of information that they can use to make decisions about the economy about an enterprise's financial situation, performance, and changes in financial position.
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