False. All successful firms compete and outperform their rivals by developing bases for the competitive advantage, which can be achieved only through the cost leadership is false.
Competitive advantage enables companies to outperform their competitors.
It refers to the factors that enable a company to produce services or goods better or cheaper than its competitors, which can lead to higher sales and profit margins.
To be successful, a company's competitive advantage must deliver value to stakeholders and be difficult to replicate for others.
The purpose of competitive advantage is to differentiate a company from its competitors by offering customers something of greater value than the competitors do.
Competitive advantage also means that a company can outperform its competition in the market and generate higher profits.
Having a competitive advantage can create greater value for a company and its shareholders because it has a certain edge over the competition.
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a $25,000, 15%, 80-day note dated november 5 is discounted at national bank on january 5. the discount period is:
A discounted note is a type of loan in which a borrower borrows money from a lender at a discounted interest rate, with the lender receiving the full face value of the loan at the maturity date.
In this scenario, the borrower has taken out a $25,000, 15% note with a term of 80 days, dated November 5. The note has been discounted at the National Bank on January 5.
The discount period is the length of time between the date of discount and the maturity date of the note. The discount period is an important factor in determining the amount of the discount that the borrower must pay to the lender. The discount is the difference between the face value of the loan and the amount that the borrower actually receives from the lender, which is less than the face value due to the discount rate.
To calculate the discount period, you must subtract the date of discount (January 5) from the maturity date of the note (80 days from November 5). The maturity date of the note can be calculated by adding 80 days to November 5. In this case, the maturity date would be January 25. So, the discount period is January 25 - January 5 = 20 days.
The amount of the discount can be calculated using the formula:
Discount = Face Value x Discount Rate x (Discount Period / 360)
In this scenario, the face value of the loan is $25,000, the discount rate is 15%, and the discount period is 20 days. Plugging these values into the formula, we get:
Discount = $25,000 x 15% x (20 / 360)
Discount = $25,000 x 15% x (1 / 18)
Discount = $25,000 x 0.083
Discount = $2,083
So, the borrower would receive $25,000 - $2,083 = $22,917 from the National Bank on January 5. The lender would receive the full face value of the loan, $25,000, on the maturity date, January 25.
In conclusion, the discount period is the length of time between the date of discount and the maturity date of a discounted note. The discount is the difference between the face value of the loan and the amount that the borrower actually receives from the lender, which is less than the face value due to the discount rate.
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shanda, a new marketing manager, was excited to use the new marketing dashboard. she included marketing objectives, multiple metrics measuring financial impact and forecasting results, and the competencies of the marketing team. she showed the whole marketing department her work and they praised her efforts. what did shanda fail to do?
What Shanda failed to do was Share the dashboard with other key stakeholders.
Who is marketing manager?A marketing manager is a professional responsible for overseeing an organization's marketing strategy and initiatives. They are responsible for developing and executing marketing plans and campaigns, analyzing market trends and consumer behavior, and tracking the effectiveness of marketing efforts.
The ultimate goal of a marketing manager is to increase sales, brand recognition, and customer engagement for the organization they work for. This may involve managing a team of marketing professionals, working with other departments within the organization, and collaborating with outside partners, such as advertising agencies or public relations firms.
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47. a seller tells the listing agent that her home was treated for termites 10 years ago, so there are no termites now. before listing the property, the agent should:
The agent should recommend that the seller have a professional pest control company inspect the property for termites and provide a written report.
What is agent?
An agent is an entity which performs actions on behalf of another entity. It can be a person, an organization or software applications. Agents are used to facilitate communication, negotiate between parties, and provide information. Agents can be used in a variety of fields, such as finance, marketing, law, and customer service. Agents typically have specialized knowledge or expertise in the subject area and can provide advice to the customer or client. Agents are used to automate tasks, such as collecting data from multiple sources, making decisions, and executing actions. Agents can be used to facilitate communication between customer and service provider, or to negotiate between two parties. Agents can also be used to provide information to customers or clients, such as providing product information or price comparisons.
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if the federal trade commission (ftc), a government agency, requires businesses to adhere to certain standards in advertising, the law that would cover this rule would be:
If the Federal Trade Commission (FTC), a government agency, requires businesses to adhere to certain standards in advertising, the law that would cover this rule would be administrative law.
What is administrative law?Administrative law encompasses the body of laws, procedures, and legal institutions affecting government agencies as they implement legislation and administer public programs. As such, administrative law implicates important political and social values, including democracy, fairness, and efficiency. There are two main types of administrative law: rules and regulations and administrative decisions. Both are made by government agencies or commissions which derive their authority from Congress or a state legislature.
Most of these agencies or commissions are part of the executive branch of government.
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what set of values establishes nutrient requirements for given life stages and gender groups that researchers and policy makers use in their work?
The Dietary Reference Intakes (DRIs) is a set of values establishes nutrient requirements for given life stages and gender groups that researchers and policy makers use in their work.
What is policy?
Policy is a set of rules, regulations, and guidelines that an organization establishes to ensure its goals and objectives are achieved. It acts as a guideline to help decision-making, and also serves as a framework for operational activities. Policies are often documented in a policy manual, which is used to explain the organization's rules and regulations to employees, customers, and other stakeholders. Additionally, policies help ensure compliance with legal and regulatory requirements and promote the organization's values and culture. Generally, policies should be clear, concise, and easily understandable. They should also be regularly reviewed to ensure they remain relevant and up-to-date.
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A investment banking firm found that an analytical skills selection test it had been using to hire financial associates actually helped the firm to obtain more major clients and to increase the revenue and profitability of the firm. This is an example of selection test that possesses
reliability
generalizability
utility
content validity
legality
When scores or responses from a selection tool are contrasted with data on real work performance, the predictive validity of the instrument is revealed.
Predictive validity What is it?The capacity of a selection tool, like as a test, questionnaire, or interview, to correctly predict future job performance is known statistically as predictive validity. For organizations, predictive validity is crucial because it ensures that candidates chosen throughout the hiring process are those most likely to succeed in the position for which they are employed. When scores or responses from a selection tool are contrasted with data on real work performance, the predictive validity of the instrument is revealed. The selection tool is a reliable predictor of with high predictive validity.
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wess company has limited capacity and can produce either its standard product or its deluxe product. additional information follows. per unit standard deluxe selling price $60 $90 direct materials 30 35 direct labor 20 25 required: plantwide oh rate 1. using a single plantwide rate, the company computes overhead cost per unit of $15 for the standard model and $20 for the deluxe model. which model should the company produce? hint: compute product cost per unit and compare that with selling price to get gross profit per unit. standard oh per unit deluxe oh per unit $15 $20 (use cells a5 to c8 from the given information to complete this question. a negative gross profit should be indicated with a minus sign.) product cost per unit: direct materials direct labor overhead product cost per unit standard deluxe gross profit per unit: selling price product cost gross profit standard deluxe which model should the company produce? abc rate 2. using activity-based costing, the company computes overhead cost per unit of $5 for the standard model and $40 for the deluxe model. which model should the company produce? hint: compute product cost per unit and compare that with selling price per unit to get gross profit per unit. standard oh per unit deluxe oh per unit $5 $40 (use cells a5 to c8 from the given information to complete this question. a negative gross profit should be indicated with a minus sign.) product cost per unit: direct materials direct labor overhead product cost per unit standard deluxe gross profit per unit: selling price product cost gross profit standard deluxe which model should the company produce?
In this one , we will be Using a single plantwide rate:
What is single plantwide rate ?Cost per unit for a typical product is $30 (direct materials), $20 (direct labour), and $15 (overhead).
Cost per unit for the deluxe product is $80 ($35 for direct supplies, $25 for direct labour, and $20 for overhead).
Typical gross profit per unit is $60 (selling price) less $65 (product cost), which equals a loss of $5.
Deluxe unit total profit is $10 ($90 selling price minus $80 product cost).
The deluxe model has a positive gross profit of $10 per unit, hence the corporation should produce it.
Activity-based pricing is used for:
Cost of a typical product per unit: $30 for direct supplies, $20 for direct labour, and $5 for overhead.
Cost per unit for the deluxe product is $100 ($35 for direct supplies, $25 for direct labour, and $40 for overhead).
Standard unit gross profit is $5 ($60 selling price minus $55 for the product).
Deluxe gross profit per unit: between $90 and $100 (selling price) (product cost).
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If Julie calculates the average number of cookies sold in February, she will be able to obtain ______. information from data.
There are three activities in an facts device that produce the data that organizations want to make decisions, control operations, analyze problems, and create new products or services.
What do people in corporations use information structures for?Informations machine (IS): A set of interrelated components that collect, manipulate, & disseminate facts & information & grant feedback to meet an objective. Businesses: Can use records systems to make bigger revenues & limit costs.
In the opening case study, the Samofi Pasteur Company utilized an data system to aid __, resulting in elevated innovation and profitability. collaboration and teamwork. Which term refers to the strategized steps and things to do that are coordinated within an organization? Business processes.
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https://brainly.com/question/24944623#SPJ4miller company’s total sales are $120,000. the company’s direct labor cost is $15,000, which represents 30% of its total conversion cost and 40% of its total prime cost. its total selling and administrative expense is $18,000 and its only variable selling and administrative expense is a sales commission of 5% of sales. the company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs.
Total sales: $120,000, Direct labor cost: $15,000 (30% of total conversion cost, 40% of total prime cost), Total selling and administrative expense: $18,000, Variable selling and administrative expense (sales commission): 5% of sales, and no beginning or ending inventories.
What are sales?Sales are the funds received by a company from the exchange of products or services. It is a crucial indicator for a business because it shows how much money is paid for the goods and services it provides. Unit sales, revenue, and dollar sales are some examples of numerous ways to express sales.
A company's overall performance as well as the effectiveness of its marketing and sales initiatives are evaluated using the sales number. Other significant financial ratios and measures, like gross profit margin, net profit margin, and return on investment, are also computed using it.
The overall revenue for Miller Company, which represents the entire revenue from the sale of its products or services, were $120,000. It is critical to remember that total sales do not necessarily equate to profit because there are additional costs related to operating a business, such as direct labor costs, selling and administrative overhead, and manufacturing overhead costs, that must be considered in calculating the companies' profits.
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policy is impacted by evaluation in the following way: group of answer choices funding can dry up or continue stakeholder concerns can be understood none of the above all of the above hidden agendas may be disclosed
Evaluation plays a crucial role in impacting policy. By evaluating the outcomes and impacts of a policy, decision makers can determine if funding should continue or dry up.
Evaluation provides a comprehensive understanding of stakeholders' concerns, which can be addressed in the policy-making process. Furthermore, evaluation can uncover hidden agendas and reveal the motives behind certain policy decisions. This information can be used to improve policy design, implementation and effectiveness. It helps in making informed decisions and identifying areas for improvement, thereby increasing transparency and accountability. In conclusion, evaluation has the potential to significantly impact policy, as it provides valuable information and feedback that can shape the direction of future policy decisions.
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sergio has an employee who is amazing at clearly seeing rules and enforcing them. he has recently promoted her to the lead position in quality assurance. which aspect of creating a positive organizational culture is sergio utilizing?
Sergio is utilizing the component of fostering a positive organizational culture that focuses on leveraging employee strengths.
What is organizational culture?
An organization's culture is made up of a set of underlying presumptions, concepts, values, and interactional patterns. It establishes and creates a unique working environment. The culture of an organization is influenced by its expectations, vision, guiding principles, public perception, and relationships with both internal and external stakeholders. The organizational culture dictates how each person behaves and interacts with others inside the company. It sums up how you feel about working for the company. Many businesses claim to give their culture top priority because they really believe it affects their financial results.
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a textbook costs a bookstore $71, and the store sells it for $88.75. find the rate of profit based on the selling price.
A textbook costs a bookstore $71, and the store sells it for $88.75 in this case-020% of the selling price is the profit margin.
Given, the Cost price of a textbook = C.P = $ 71
Selling price of a textbook = S.P = $ 88.75
The cost a customer pays to buy a good or a commodity is known as the selling price.It is a price that is more expensive than the cost price and also includes some profit.
Cost price is the amount paid by the seller for the good or service. Then he increases it by a certain percentage of gains or profits.
Profit = S.P - C.P
Profit = $88.75 - $71 = $17.75
The rate of profit based on the selling price = [tex]Profit / SP[/tex] x 100
= 17.75 / 88.75 x 100
= 20 %
Based on the selling price, the profit rate is equal to 20%.
Therefore, 20% of the selling price represents the profit margin.
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your company received $100,000 investment from shareholders. which journal entry correctly records this event? group of answer choices
The journal entry to correctly record the $100,000 investment from shareholders would be:
What is Journal Entry ?
Debit: $100,000 in cash
Contribution: Share Capital (or Common Stock) $100,000
The company's cash assets and share capital, which symbolises the owners' equity in the business, both increased as of the date of this entry. Shareholder investment is a money infusion into the business that can be used to finance daily operations, settle debt, or seize expansion opportunities.
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write the function cashflow times(n, m) to develop the list of the times at which a bond makes coupon payments, with n years and m coupon payments per year.
Here is a Python function to develop the list of times at which a bond makes coupon payments, with "n" years and "m" coupon payments per year:
def cashflow_times(n, m):
times = []
for i in range(1, n * m + 1):
times.append(i / m)
return times
This function uses a for loop to iterate over the number of coupon payments, and calculates the time at which each coupon payment is made by dividing the coupon payment number by the number of coupon payments per year. The resulting times are stored in a list and returned as the result of the function.
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a retailer called little big brother sells video games. the games sell for $40 each. the variable costs consist of the purchase price of $20 per video game. the store's annual fixed costs are $250,000 and the company's income tax rate is 40%. what is the volume of sales dollars required to earn an after-tax target profit of $120,000?
22,500 Units are needed in order to reach the desired profit of $120,000 after taxes.
A business's contribution margin ratio is calculated by dividing its total revenue by its variable costs. The marginal gain from manufacturing one extra unit is indicated by the contribution margin ratio. The amount of income that remains after deducting the variable costs related to manufacturing a good or service is known as the contribution margin. This metric is used to calculate the portion of each transaction that goes toward paying fixed costs and, ultimately, generating a profit for the company.
Selling Price per unit = $40
Variable cost per Unit = $20
Annual Fixed Cost = $250,000
Income Tax = 40%
After Sales-Target Profit = $120,000
Contribution margin ratio = (Selling price – Total variable costs per unit)/Selling price per unit
Contribution margin ratio = ($40 - $20) / $40 = 0.5 = 50%
The after-tax target volume of sales dollars = (Fixed costs + Before-tax target profit) / Contribution margin ratio
= ($250,000 + $200,000) / 50% = $900,000.
No of units sold = $900000 / $40 = 22,500 Units
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If Julie calculates the average number of cookies sold in February, she will be able to obtain ________.
A. data from information
B. wisdom from data
C. knowledge from information
D. information from data
E.
a subset from a superset
If Julie calculates the average number of cookies sold in February, she will be able to obtain information from the data. In this case, option D is correct.
Data (pronounceable as "dt" in the US and "det" in the UK) is a collection of discrete values that convey information. They can describe quantity, quality, fact, statistics, or other fundamental units of meaning, or simply be a series of symbols that can be further interpreted.
Typically, data is arranged into tables or other structures that give it additional context and meaning and can be used as data in other, larger structures. It's possible to use data as variables in a computation.
Data can represent measurements or abstract concepts.] Data are frequently used in economics, science, and practically every other aspect of human organizational activity. Price indices (such as the consumer price index) and unemployment rates are a few examples of data sets.
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According to U.S. business law, accommodation means:A. treating all employees fairly.B. making certain that if one employee gets medical leave during a fiscal year, that all other employees get an equal amount of leave during the year.C. careful consideration before firing someone and hiring two younger persons to replace him/her.D. providing services for employees according to their specific needs.
According to U.S. business law, accommodation means making certain that if one employee gets medical leave during a fiscal year, that all other employees get an equal amount of leave during the year.
What does fiscal year mean in plain English?
In order to measure its financial performance for accounting purposes, a business or government employs a fiscal year, which is a 12-month period.
A calendar year is a 12-month period of time that begins on January 1 and ends on December 31. The fiscal year is not always the same as the calendar year.
What does fiscal mean?
The word fiscal is a derivative of the Latin word fiscus, which means "basket" or "treasury."
Fiscus, which referred to the emperor's treasury in ancient Rome where money was actually kept in baskets and was principally gathered in the form of revenue from the provinces, was the term used to describe this institution.
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explain why working for almost any organization may be ethically troubling.
Ethical behavior is defined as acting in accordance with the way the corporate world views moral values and principles.
What are the reasons why a group's actions may be considered unethical?Lack of integrity, overall organisational relationship issues, conflicts of interest, and deceptive advertising are the four major factors that can lead to ethical problems in the workplace.
Why is it so difficult to be ethical when doing business?Given the nature of the tasks implicated in leading an organization, being ethical in the workplace is difficult. The decisions are difficult; there's no time for reflection, critical information is missing, and so on. The competition is fierce, even brutal at times.
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Which of the following is NOT a feature of capitalism? (Select the best
answer.)
A low level of government control
Monopolies are allowed and encouraged
Competition between businesses is encouraged
Small business ownership is encouraged
Note that the option that is NOT a feature of Capitalism is: "Monopolies are allowed and encouraged" (option B)
What is Capitalism?Capitalism is an economic system centered on the private ownership and operation of means of production for profit. Capital accumulation, competitive marketplaces, a pricing system, private property, property rights recognition, voluntary trade, and wage labor are all key features of capitalism.
Capitalism is sometimes conceived of as an economic system in which individual actors own and control property in accordance with their interests, and demand and supply freely establish prices in markets in a way that serves society's best interests. The desire to make a profit is a fundamental element of capitalism.
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an example of a common resource is part 2 a. college education. b. a private beach. c. airline travel. d. a public parking lot.
The public parking lot is an example of a common resource.
What is a common resource?
Resources that can be shared by many people or organisations are known as common resources. These might include open areas (like parks or natural areas), particularly natural resources (like fish in the sea), and so on. Overuse of shared resources frequently causes economic issues, such as the tragedy of the commons, in which user self-interest ultimately results in the resource's degradation over time, to everyone's detriment. Every person has the incentive to use a resource at the expense of every other person, and there are no means to prevent anyone from doing so, which is known as the tragedy of the commons.
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the organizational versus the individual rationality perspective suggests that objectives that are group of answer choices good for a functional area are always good for the overall organization. good for the overall organization are always best for a functional area. best for a functional area may not be best for the overall organization. best for one functional area will never be best for all functional areas.
The "organizational versus individual rationality" perspective suggest that what is best for a functional area may not be best for the organization. The Option C is correct.
What should we know about organizational v. individual rationality perspective?"Organizational versus individual rationality" refers to the conflict between the goals and interests of individuals within an organization and the goals and objectives of the organization as a whole. Organizational rationality refers to the organization's objectives and the actions it takes to achieve them, while individual rationality refers to the goals and actions of individual members of the organization that may not align with the goals of the organization.
In many cases, individuals may prioritize their own self-interest over the goals of the organization, leading to a tension between the two perspectives. To achieve success, organizations must balance both organizational and individual rationality by aligning individual goals with the goals of the organization and creating incentives that encourage individuals to act in the best interests of the organization.
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if the cancellation of debt occurs in a title 11 bankruptcy case, which exclusion takes precedence over the insolvency exclusion?
The bankruptcy exception takes precedence over the insolvency, eligible agricultural debt, and qualified real property business indebtedness exclusions if the debt cancellation happens .
What is a part of the bankruptcy exclusion?A taxpayer who is insolvent may only exclude up to the amount of their insolvency. Insolvent taxpayers must reduce favorable tax attributes by the amount excluded under the exception, just like the bankruptcy exclusion. The bankruptcy exclusion takes precedence over the insolvency exclusion.
What are the exclusions for debt cancellation?The following are not deemed income from debt cancellation, according to IRS definitions: cancelled debts due to gifts or inherited debt. some qualifying student loans that satisfy particular requirements. additional student loans or assistance schemes for health services.
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You are a senior consultant for McKinsey & Company and you are based out of the Chicago office. You have several clients in Los Angeles that demand regular on-site visits. You have a significant amount of family in the LA area, so you often host diners for your family while working on-site and charge the diners to your corporate account as an entertainment expense. What type of conflict of interest is most illustrated within this scenario?Group of answer choicesA. Moonlighting.B. Misusing employer's property.C. Post-employment.D. Misuse of inside information
The right response is (B). Conflict of interest involving misusing employer property is best exemplified in this case.
What sets a corporate account apart from a business account?Smaller companies, particularly sole proprietorships, frequently use "business" banking services. Commercial or corporate banking, in general, refers to the services used by larger companies with a substantial turnover.
What prerequisites must be satisfied before a corporate account may be opened?To open a company bank account, you'll need your articles of incorporation, employer identification number, and personal identification documents. For your company, you can open a checking and savings account. To separate your personal and business finances, you require a corporate bank account.
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an hr specialist is a person who has responsibility for performing a variety of hr activities question 3 options: true false
The given statement exists false. The recruitment, selection, and employment of new hires is handled by human resources professionals.
What is a HR specialist?One must have a broader perspective and become knowledgeable in all fundamental HR disciplines, including hiring, training, compensation, performance management, and so on, in order to be a human resources generalist. One option for a human resources specialist is to narrow their attention to just one or two of the aforementioned areas and to specialize in them.
The five primary responsibilities of human resources are talent management, compensation and benefits, training and development, compliance, and workplace safety. The HR department can contribute to organizational structure and the ability to meet business goals by managing the employee lifecycle effectively.
The recruitment, selection, and employment of new hires is handled by human resources professionals. They may also deal with training, employee relations, and pay and benefits.
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What is mandatory spending? What are entitlements?
Spending that is necessary includes contributions to entitlement systems like Social Security and Medicare as well as required interest payments on the national debt.
What is national debt?A nation's total amount owed to creditors is known as its national debt. As a measure of a country's sustainability, economists frequently concentrate on the debt to GDP ratio.
Countries borrowing in a currency under their control have the option of issuing new money to pay off their debt. The rapidly expanding U.S. budget deficits in the upcoming years are projected to be made worse by rising interest rates and Social Security deficits.
At historic levels each month, the U.S. national debt is now in the tens of trillions of dollars. The ratio of the country's debt to its gross domestic product, or debt-to-GDP, is typically considered to be more significant than the nominal level of the national debt in dollars.
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y3k, incorporated, has sales of $4,500, total assets of $3,450, and a debt-equity ratio of 1.40. if its return on equity is 12 percent, what its net income
The net income of the incorporation on the sale if the return on equity is 12 percent is $186.195652.
What is net income?Net income is the sum of money earned by an individual or corporation over a specific time period less taxes, costs, and interest. The profitability of a corporation is determined by its net income, which is also known as "net profit," "net earnings," or simply "profit." A net loss, or time when a business is in the red, is the opposite of net income. Tracking your net income is one of the finest methods to keep an eye on your company's financial well-being, despite the fact that many small businesses wait until they are required to do so by a lender or investor. You're undoubtedly heading in the correct direction if your net income is rising. Lenders want to be certain that you have the resources to pay off all of your debts.
Assets = $3450
Equity = $3450 * 0.4347826 = 1,241.304347826
Return on equity = 12%
Net income= 1,241.304347826 * 12% = $186.195652
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jennifer is very upset when she hears that employees at her company marked the job applications from people of color with words to remove them from proper consideration for the position. this behavior is known as
Option c: Unfair discrimination. This behavior shown by her company is known as Unfair discrimination.
Discrimination in the workplace occurs when individuals or groups of people are treated unfairly or unfairly because of certain characteristics.
These protected characteristics include race, ethnicity, gender identity, age, disability, sexual orientation, religious beliefs, or national origin.
Discrimination in the workplace can occur between colleagues, applicants, or between employees and their employers. Discrimination is unlawful regardless of intent, whether intentional or accidental.
Unfair discrimination includes race, gender, gender, pregnancy, marital status, family responsibility, ethnic or social origin, color, sexual orientation, age, favoritism, prejudice, or prejudice for or against Etc., occurs when the employer occurs for prohibited reasons.
Any person demonstrating disability, religion, HIV status, conscience, beliefs, political opinions, culture, language, birth, or any other arbitrary reason.
In some cases, the law allows employers to use "discrimination" in their labor practices. An example of this is the practice of affirmative action or discrimination based on demands specific to a particular job.
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Complete question:
Jennifer is very upset when she hears that employees at her company marked the job applications from people of color with to remove them from proper consideration for the position. This behavior is known as ________________.
A. Making Judgments
B. Perceptual tendencies
C. Unfair Discrimination
D. Exaggerating Ideas
a reverse mortgage can be a good option for first-time homebuyers who cannot make a substantial down payment. group startstrue or falsetrue, unselectedfalse, unselectedgroup ends
The answer is false, a reverse mortgage can be a good option for first-time homebuyers who cannot make a substantial down payment is false.
What does "mortgage" mean?A mortgage is a contract between you and a lender that grants the lender the right to seize your property in the event that you are unable to repay the loan amount plus interest. The value of an existing home may be used as collateral for a mortgage loan to help you purchase a new home.
Mortgage definition What is the process?When you apply for a mortgage, your lender provides you a predetermined sum of money to purchase the house. You consent to repay your loan over an extended period of time, plus interest. Until the mortgage is completely repaid, the lender still has a right to the house.
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the pumice stone company has the following measurements ready for its statement of cash flows: beginning cash balance $125,300 acquisitions $400,000 net cash flow from operating activities $297,600 net cash flow from investing activities ($328,400) (negative/use) net cash flow from financing activities $250,000 what is the ending cash balance?
After solving the equation this gives us an ending cash balance of $144,500.
What is ending cash?Ending cash is the amount of cash a company has at the end of a reporting period. It is calculated by adding the beginning cash balance to all cash inflows and subtracting all cash outflows. This figure is important in assessing a company's financial performance, as it can indicate whether a company is generating enough cash to support operations and/or growth. Additionally, it can be compared to the beginning cash balance to determine if the company is experiencing a cash increase or decrease.
The ending cash balance is calculated by taking the beginning cash balance ($125,300) and adding the net cash flow from operating activities ($297,600), subtracting the net cash flow from investing activities ($328,400), and adding the net cash flow from financing activities ($250,000). This gives us an ending cash balance of $144,500.
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what are the four basic assumptions of perfect competition? explain what they imply for a perfectly competitive firm.
When making decisions or drawing conclusions, an assumption might be beneficial. However, if it is not supported by facts or evidence, it can also be risky.
Perfect competition is a market condition by means of which no supplier can influence or set the price of a good or service, as long as there is a plurality of suppliers who supply a homogeneous good, equivalent to that of the other suppliers. These commodities, therefore, would not have disparities between them (an example may be the fruit market), and so purchasers could choose to buy from those merchants who give the greatest pricing. This would create ideal competition between the bidders, who would use their price to try and draw in customers. For this kind of competition to take place (in theory, as it is practically impossible in practice).
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