Innovation brings the idea of "use" of an idea or process, whereas invention focuses on the creation of something new.
Innovation: What is it?A new thing, like an invention, or the act of creating and introducing something new are both examples of innovation. In the IT industry, innovation typically refers to a new product, but it can also refer to a new process or even a new way of thinking.
At the Foundation, we are discovering that innovation can take many different forms and manifest itself in a variety of ways through our BOLT and Research programmes. Innovation does work for certain businesses.
Our study evaluated 183 organizations' innovative capabilities and compared those results to a confidential database of financial profit (the total profit minus the cost of capital).
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which agencies does the economic and social council (ecosoc) coordinate (select all that apply, there are one to four possible correct answers):
The agencies that economic and social council (ecosoc) coordinate are:
WHO (World Health Organization)UNDP (United Nations Development Program)UNESCO (United Nations Educational, Scientific, and Cultural Organization)FAO (Food and Agricultural Organization)In the term of economic, The United Nations Economic and Social Council or also known as ECOSOC generally can be defined as one of the six principal organs of the United Nations. The United Nations Economic and Social Council or also known as ECOSOC has a responsible for coordinating the economic and social fields of the organization.
The question above is incomplete, the complete question is:
Which agencies does the Economic and Social Council (ECOSOC) coordinate (select all that apply, there are one to four possible correct answers): WHO (World Health Organization) UNESCO (United Nations Educational, Scientific, and Cultural Organization) FAO (Food and Agricultural Organization) UNDP (United Nations Development Program)
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you borrow $100 and agree to pay back your payday loan in 2 weeks. the interest rate is 10 percent for the 2-week period. what is the apr?
Suppose you lend me $20 for a year at 10% interest. At the end of the year I will owe you 20 + (20 x 10%) = 20 + 2 = $22. Now, 2/20 = 0.10, so the APR is 10%. This is a one-year loan at an interest rate of 10% and an APR of 10%.
Using the above example we can solve it as
52/2*.10 = 2.6
2.6*100=260%
APR is calculated by multiplying the periodic interest rate by the number of periods in a year to which it applies. It does not indicate the number of times the rate was actually applied to your balance.
Apr = (fee + interest ��) ×365) ×100
where: interest = total interest paid over the life of the loan president = loan amount � = number of days in credit period na
Apr=(( N. president fee + interest )×365)×100
where: Interest = total interest paid over the life of the loan
Principal = borrowed amount
n=days of loan period
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what is an effective way for digital marketers to use content?
An effective way for digital marketers to use content is to create valuable, relevant, and engaging content that provides value to the target audience.
What is an effective way for digital marketers to use content?Content marketing is a strategy that focuses on creating, publishing, and distributing content to attract and retain a clearly defined audience with the objective of driving profitable customer action.
By creating high-quality, informative, and relevant content, digital marketers can build trust with their audience and establish themselves as experts in their field. This can help to establish their brand, generate leads, and ultimately drive sales. Some examples of effective content marketing include blog posts, e-books, infographics, videos, podcasts, and social media posts.
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refer to table 17-7. the more frequently this game is played, the more likely it is that a. both firms will produce a good quality product. b. one firm will experience an increase in profits and the other will experience a decrease in profits. c. both firms will produce a poor quality product. d. both firms experience a reduction in profits compared to the nash equilibrium outcome.
The more often this game is played, the greater the likelihood that both enterprises' earnings fall short of what would be expected in a Nash equilibrium outcome.
What is Nash equilibrium?According to the Nash equilibrium, no one benefits if any player modifies their approach while the other players stick with it. According to the dominant strategy theory, a player will always go for the strategy that will result in the best result, regardless of the strategies that the other players have chosen. The most popular technique to determine the outcome of a non-cooperative game involving two or more participants in game theory is the Nash equilibrium, which bears the name of the mathematician John Nash. A Nash equilibrium for a mixed strategy game is stable if a tiny change in one player's probabilities, more especially an infinitesimal change, results in a scenario where both of the following conditions are true: the player who did not change has no better strategy in the new scenario.
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you just purchased a bond that matures in 12 years. the bond has a face value of $1,000 and a 7% annual coupon. the bond has a current yield of 5.74%. what is the bond's yield to maturity? do not round intermediate calculations. round your answer to two decimal places.
If the bond has a face value of $1,000 and a 7% annual coupon also has a current yield of 5.74% then 4.58% is the bond's yield to maturity.
The entire return anticipated on a bond if it is kept to maturity is known as yield to maturity (YTM). Although it is expressed as an annual rate, yield to maturity is regarded as a long-term bond yield.
We apply the Rate formula,
The time period is represented by the NPER.
Due to that,
($1,000 × 7%) ÷ 5.74% = $1,219.52 is the present value.
Assuming that Future Value or Face Value is $1,000.
PMT = 1,000 × 7% = $70
NPER = 12 years
The following is the formula:
= Rate(NPER,PMT,-PV,FV,type)
The present value comes in negative.
Thus, once this is resolved, the answer would be 4.58%.
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ben corporation receives a dividend of $200,000 from jerry corporation, a c corporation. ben corporation owns 70% of jerry corporation stock. what is the amount of ben's dividends-received deduction?
The dividend-received deduction for Ben Corporation is computed using the following formula: Ben Corporation owns 70% of the equity of Jerry Corporation.
What is dividend ?A corporation's payout of profits to its shareholders is known as a dividend. A corporation is able to distribute a portion of its income as a dividend to its shareholders when it generates a profit or surplus. Any remaining funds are seized and reinvested in the company (called retained earnings). A corporation is typically not allowed to pay a dividend from its capital; therefore, both the current year's profit and the retained earnings from prior years are eligible for distribution. If the company does have a dividend reinvestment plan, this amount can be paid via the issue of more shares or by share repurchase. Distribution to shareholders can also be made in cash (often a transfer into a bank account). The distribution may occasionally consist of assets.
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would you require a work permit or visa sponsorship in order to accept employment in the region which this role is based?
Employment visas are also known as work visas, employment-based visas, and EB visas. To obtain a work visa to work in the United States, you need an employer to apply for a visa to the United States government on your behalf.
A work visa allows a foreign national to travel to the United States to live and work for a specified period of time.
Once you are granted entry, your employer must continue to support your visa status by maintaining employment. Unfortunately, this means that your work visa can be quickly revoked if your company closes or goes out of business. Likewise, resignation or dismissal will also result in the cancellation of your work visa.
If you are applying for a work visa, most of the process should be handled by your employer. However, even the slightest mistake can derail your application, so it's a good idea to consult with an immigration attorney to make sure everything is in order before you submit your application.
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as described in this chapter, the americans with disabilities act requires firms to make reasonable accommodations for employees with disabilities. consider such conditions as obesity, depression, dyslexia, arthritis, hearing loss, high blood pressure, facial scars, mood disorders, allergies, attention deficit disorders, post-traumatic stress syndrome, and the fear of heights. imagine that you are a human resource manager, and an employee asks that accommodations be made for these conditions. under what circumstances might these conditions be serious enough impairments to deserve legal protection? what factors would you consider in answering this question? after making these decisions, reflect on whether your decision was more a legal or ethical decision.
The Americans with Disabilities Act (ADA) outlaws discrimination against people with disabilities in a number of contexts, including employment, public accommodations, transportation, communications, and access to state and local government programs and services.
What is the Americans with Disabilities Act policy?Despite the fact that the ADA is not enforced by the U.S. Department of Labor's Office of Disability Employment Policy (ODEP), it does provide publications and other technical assistance on the fundamental requirements of the law, including covered employers' duty to make reasonable accommodations to qualified job applicants and employees with disabilities. The Americans with Disabilities Act: A Brief Overview can be read for a brief summary of the ADA.A number of government agencies, in addition to the U.S. Department of Labor, are involved in implementing the ADA or looking into complaints involving it:The ADA's Title I is implemented by the Equal Employment Opportunity Commission (EEOC) of the United States. Title I outlaws discrimination against eligible people with disabilities in job applications, hiring, firing, and job training. It also outlaws discrimination against employment agencies, state and local governments, labor unions, and private businesses.The United States Department of Transportation enforces laws pertaining to transit, including ensuring that recipients of federal aid and state and local organizations in charge of roads and pedestrian facilities do not discriminate against individuals with disabilities in highway transportation programs or activities. Additionally, the department provides advice to transit companies on how to adhere to the ADA and make sure that all public transportation equipment and facilities are accessible.The Federal Communications Commission (FCC) is responsible for upholding laws governing telecommunications services.For those who have difficulties speaking or hearing, Title IV of the ADA addresses access to the telephone and television. In order to communicate over the phone, people with hearing and speech impairments must have access to a nationwide network of telecommunications relay services, which is a requirement of both telephone and internet service providers.State and local government services (Title II), as well as public accommodations, are subject to ADA requirements that are enforced by the U.S. Department of Justice (Title III).The U.S. Department of Education, like many other federal agencies, upholds Title II of the ADA, which forbids discrimination in any programs or activities that the department provides federal funding for.The U.S. Department of Health and Human Services (HHS) also upholds Title II of the ADA in relation to access to the programs, services, and activities receiving HHS federal financial assistance. This involves making certain that those who are hard of hearing or deaf have access to sign language interpreters and other auxiliary aids in hospitals and clinics when necessary for efficient communication.To Learn more About Americans with Disabilities Act Refer To:
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the practical rule of ethical decision making multiple choice requires managers to determine the fair or unfair rules and procedures for distributing outcomes to stakeholders. ensures that managers will take into account the interests of all the stakeholders.
The practical rule of ethical decision making D. ensures that managers will take into account the interests of all the stakeholders.
In the term of organizations, Ethical decision making generally can be defined as the process in which you aim to make your decisions in line with a code of ethics. If we want to make an ethnical decision making, we must seek out resources such as professional guidelines and organizational policies, and rule out any unethical solutions to your problem. There are several aspects that included in ethnical decision making, such as Recognize the Ethical Issue, Get the Facts, Evaluate Alternative Actions. In the other side, we must Make a Decision and Test it, Act and Reflect on the Outcome to make a racional decision making.
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problem 4-29 (lo 4-1) (algo) jeremy (unmarried) earned $101,000 in salary and $7,000 in interest income during the year. jeremy's employer withheld $10,000 of federal income taxes from jeremy's paychecks during the year. jeremy has one qualifying dependent child (age 14) who lives with him. jeremy qualifies to file as head of household and has $24,000 in itemized deductions, including $2,000 of charitable contributions to his church. (use the tax rate schedules.) required: determine jeremy's tax refund or taxes due. assume that in addition to the original facts, jeremy has a long-term capital gain of $8,550. what is jeremy's tax refund or tax due including the tax on the capital gain? note: round your intermediate calculations and final answer to the nearest whole dollar amount. assume the original facts except that jeremy has only $3,500 in itemized deductions. assume the charitable contribution deduction for non-itemizers applies to 2022. what is jeremy's tax refund or tax due?
Jeremy's tax refund or taxes due for 2022 is $38.
What is tax refund?A tax refund is a payment made to taxpayers who have overpaid their taxes, often as a result of employers withholding too much from their paychecks. According to the US Treasury, nearly three-fourths of taxpayers over-withhold, resulting in tax refunds.
Jeremy’s tax refund or taxes due is calculated as:
Gross income (101000+7000) 108,000
For AGI deductions 0
Adjusted gross income 108,000
Standard deduction 18,350
Itemized deductions 24,000
Greater of standard deductions/itemized deductions (24,000 )
Taxable income 84,000
Income tax liability $12,038
(6065+(22%*(84000-52850)))
Child tax credit (2,000)
Tax withholding (10,000 )
Taxes refund $38
Therefore, $38 is the tax due for Jeremy.
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what effect did renting land or engaging in other forms of tenancy have on freedpeople and poor white southerners who could not afford to buy their own land?
Renting land had a profound impact on the lives of free people and poor white southerners in the post-Civil War South.
Renting land was a common practice in the post-Civil War South, as many free people and poor white southerners could not afford to purchase their own land.
Poor white southerners faced similar challenges. Without the ability to own land, they were often forced to rent from wealthier landowners.
This lack of stability and security was a major barrier to upward mobility and further perpetuated poverty in the South.
In mathematical terms, we can look at the impact of renting land on a family's finances. Let's say a free person earns $500 a month and has to pay $200 in rent.
This means that only $300 is left for other expenses, such as food, clothing, and medical expenses. Over the course of a year, that family would spend $2,400 on rent, which is a significant portion of their income.
The same applies to poor white southerners, who would also be unable to save or invest in their future due to the high cost of renting.
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primary data include at least one level of interpretation. True/False ?
That primary data involve at least one degree of interpretation is a false assertion.
Are there any levels of interpretation included in the source data?There is at least one level of interpretation present in primary data. Consider the issue from various angles to avoid falling victim to the anchoring trap. The status quo refers to a person's decision-making process remaining constant and keeping them safe.
What about primary data is accurate?Primary data are facts gathered by an investigator directly from sources. This is the initial collection. It is more trustworthy and original.
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a high-level is manager has his firm utilize sophisticated information systems to digitally design its products so that design defects can be detected and removed early in the process, reducing development cost. what business strategy does this represent?
A high-level is manager has his firm utilize sophisticated information systems to digitally design its products so that design defects can be detected and removed early in the process, reducing development cost. cost leadership business strategy does this represent .
What does "cost leadership" mean?
When a business positions itself as the industry's lowest-cost producer or supplier of a specific good or service, it is said to be exhibiting cost leadership.
The approach is challenging to implement since management must continuously strive to lower costs at every level to maintain its competitiveness.
Describe cost leadership using an example?
A business that uses the cost leadership approach provides a wide range of clients with goods and services at competitive prices that are of acceptable quality and feature-richness.
For instance, Super Shoes offers name-brand footwear at reasonable costs. Another illustration would be Little Debbie snack cakes.
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the opportunity cost of spending $50 billion on education is:group of answer choicesthe foregone net benefit from spending $50 billion on healthcarethe foregone cost of education spendingthe foregone benefit of improved education outcomesthe cost of paying teacher's salariesthe investment in building educational facilities
The opportunity cost of attending college is the sum of your tuition, any related expenses, plus any lost income, opportunities, and enjoyment as a result of your decision.
Opportunity cost is the price paid for passing up the next best option. It stands for the sacrifices that people are forced to make as a result of resource income shortage. The value of the next-highest-valued alternative use of a resource is what economists mean when they talk about its "opportunity cost." For example, you cannot watch a movie and then read a book at home while spending the money you would have spent on the movie on something else.
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An economy produces ceramic plates. If the economy achieves allocative efficiency ______.
An economy produces ceramic plates. If the economy achieves allocative efficiency it produces the quantity on the PPF that is valued most highly.
If an economy is productive, then it must be allocatively efficient?An "ideal mix" of goods is produced by an allocatively efficient economy.In a perfect market, a firm is efficient whenever its price (P = MC) equals its marginal costs.
When businesses generate goods and services, is allocative efficiency achieved?Market equilibrium is reached when a specific quantity of a given good or service meets all of society's needs.Therefore, allocative efficiency occurs when the quantity of products and services produced is relatively near to what society desires.
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a 15-year annuity pays $1,750 per month, and payments are made at the end of each month. if the apr is 9 percent compounded monthly for the first seven years, and apr of 6 percent compounded monthly thereafter, what is the value of the annuity today? (do not round intermediate calculations and round your answer to 2 decimal places,
The value of the annuity today is $22,781.27.
To calculate the value of the annuity today, we need to discount each payment back to the present. We can use the formula for the present value of an annuity:
PV = PMT * ((1 - (1 + r)^-n) / r)
where PV is the present value, PMT is the payment, r is the interest rate, and n is the number of payments.
For the first seven years, we have:
n = 7 * 12 = 84
r = 9% / 12 = 0.75%
PMT = $1,750
So, the present value of the first 84 payments can be calculated as follows:
PV = $1,750 * ((1 - (1 + 0.0075)^-84) / 0.0075) = $12,242.66
For the next 8 years, we have:
n = 8 * 12 = 96
r = 6% / 12 = 0.5%
So, the present value of the next 96 payments can be calculated as follows:
PV = $1,750 * ((1 - (1 + 0.005)^-96) / 0.005) = $10,538.61
Adding the present value of both parts, we have:
PV = $12,242.66 + $10,538.61 = $22,781.27
The value of the annuity today is $22,781.27.
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define and differentiate between the average tax rate and the marginal tax rate. how does a tax credit differ from an itemized deduction?
The percentage of income a taxpayer pays in taxes is known as their average tax rate (also known as effective tax rate). The tax rate levied on a taxpayer's final dollar of income, however, is known as their marginal tax rate.
Average tax rates paid by taxpayers are typically substantially lower than marginal tax rates. Before determining how much tax you owe, deductions might lower the amount of your income. Credits can enhance your tax refund or decrease the amount of tax you owe.
Even if you have no tax liability, some credits can allow you to receive a refund. The sum of all taxes paid divided by taxable income represents the average tax rate. Average tax rates compare the amount of tax paid on each dollar generated to marginal tax rates.
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c. f. lee inc. has the following income statement. how much after-tax operating income does the firm have?
The after-tax operating income for C. F. Lee Inc. is $395.20. Thus, Option A holds the truth.
To calculate the after-tax operating income, we first need to find the Earnings Before Taxes (EBT), which is calculated by subtracting the Interest Expense from the Earnings Before Interest and Taxes (EBIT). In this case, EBT is $323.00 ($608.00 - $285.00).
Next, we subtract the Taxes (35%) from the EBT to get the Net Income. In this case, the Taxes amount to $113.05 ($323.00 * 35%).
The after-tax operating income is equal to the Net Income plus the Depreciation. In this case, it would be $209.95 + $192.00 = $395.20.
This question should be provided as:
C. F. Lee Inc. has the following income statement.
Sales $2,650.00Costs 1,850.00Depreciation 192.00EBIT $608.00Interest expense 285.00EBT $323.00Taxes (35%) 113.05Net income $209.95How much after-tax operating income does the firm have?
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gina has planned to start her college education four years from now. to pay for her college education, she has decided to save $1,000 at the end of each quarter for the next four years in an investment account paying 12 percent interest per year. how much will she have at the end of the fourth year?
At the end of the fourth year an investment , she will have $49,184.24.
What is the investment ?Investment is the process of utilizing money, resources, or time to generate a return on those resources. It is any form of asset that has a monetary value, such as stocks, bonds, real estate, commodities, and other securities. It can also be a form of enterprise that involves using one's resources to generate a greater return, such as setting up a business. Investment is a risk-based activity that involves assessing the potential returns in comparison to the risks involved. Successful investments depend on having a good understanding of the markets and being able to make informed decisions.
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Generally, a licensee can rely on the statements given by the seller (such as in a seller disclosure statement) unless the licensee has a reason to believe that the information which the seller has given is not true.
Exaggeration is the false representation and cover - up of relevant facts about property or transaction.
What are the Code of Ethics' three main sections?The Ethics Code is divided into three sections: "Duties to Customers and Customers," "Duties towards the Public," and "Duties to the Community." The Articles are supported, interpreted, and augmented by the Standards of Practice.
What is prohibited by Article of the Code of Ethics?Article 2 of the National Federation of REALTORS' Code of Ethics requires REALTORS to avoid exaggerating, mischaracterizing, or concealing relevant facts about a property or a transaction. unless the franchisee has reason to believe that the data provided by the seller is false
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a management dilemma defines the research question. T/F
This statement- "a management dilemma defines the research question" is true.
A management dilemma can be referred to a real-world problem or the challenges that basically faced by the managers in organizations, and such problem can be used to define the research question in a study.
The management dilemma usually provides the context and background for the research study. The research question is formulated in a way to help address the problem and to provide the insights or solutions.
A management question is referred as a restatement of the manager's dilemma in the question form. A research question is a type of the hypothesis that best states the objective of the research.
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hedge funds are somewhat similar to mutual funds. the primary differences are that hedge funds are less highly regulated, have more flexibility regarding what they can buy, and restrict their investors to wealthy, sophisticated individuals and institutions. group of answer choices false true
True, Hedge funds are similar to mutual, but have certain differences.
What are Hedge funds?Hedge funds are investment funds that aim to generate high returns through speculative investments. They are typically less regulated than mutual funds and have greater flexibility in the types of investments they can make. Unlike mutual funds, which are open to the general public, hedge funds are typically restricted to wealthy, sophisticated investors and institutions.
Hedge funds are often less regulated than mutual funds, meaning they have fewer restrictions on the types of investments they can make. This allows Hedge funds to pursue a wider range of investment strategies, including those that are more speculative or higher risk.
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when 10 customers of niall's eatery fell seriously ill after dining at the restaurant, the issue was noticed by the public. the public demanded that the
The problem was made public when ten Niall's Eatery patrons became customers critically ill after eating there.
The general public asked that both the restaurant's cooking and the patients' compensation be thoroughly reviewed. a social responsiveness strategy problem in which a business customers accountability for an issue while doing the least amount of action necessary to satisfy public expectations.
All of a company's intentional actions problem, its duties to the environment and society, and its moral commitments are all considered to be part of its social responsibility. Explain the issue, express sympathy for his predicament, and ensure the customers that you will take quick action to resolve it.
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which of the following is true of positive economics? multiple select question. it focuses on facts and cause-and-effect relationships. it avoids value judgments. it tries to establish scientific statements about economic behavior. it deals with what the economy should be like. it focuses on value judgments.
Positive economics focuses on facts and cause-and-effect relationships. It tries to establish scientific statements about economic behavior. Option A and C
What is positive economics?Positive economics is a stream of economics that focuses on the description, quantification, and explanation of economic developments, expectations, and associated phenomena. It relies on objective data analysis, relevant facts, and associated figures. It attempts to establish any cause-and-effect relationships or behavioral associations which can help ascertain and test the development of economic theories.
Positive economics is objective and fact-based where the statements are precise, descriptive, and clearly measurable. These statements can be measured against tangible evidence or historical instances. There are no instances of approval-disapproval in positive economics.
An example of a positive economic statement: "Government-provided healthcare increases public expenditures." This statement is fact-based and has no value judgment attached to it.
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foytlin accessories has sales of $19,700, net income of $3,517, fixed assets of $18,282, current liabilities of $2,940, current assets of $3,018, long-term debt of $7,600, and equity of $10,760. assets, costs, and current liabilities are proportional to sales. long-term debt and equity are not. the company maintains a constant 50 percent dividend payout ratio. next year's sales are projected to increase by 7 percent. what is the amount of external financing needed if the firm is currently operating at full capacity?
The amount of external financing needed if the firm is currently operating at full capacity is $2,126
A dividend is a payment made by a corporation to its shareholders out of its profits or reserves. It is a way for the company to distribute its earnings to the people who own a part of the company, also known as shareholders.
Foytlin Accessories has a net income of $3,517, which is the money the company has left over after paying all of its expenses.
Assuming that next year's sales will increase by 7 percent, we can calculate the change in net income as follows:
Net Income = Sales x Net Income Margin
Where the net income margin is equal to net income divided by sales.
Next year's sales = $19,700 x (1 + 7%) = $21,259
Next year's net income = $21,259 x (Net Income Margin) = $21,259 x (3517 / 19700) = $4,252
The dividend payout would be equal to 50% of the net income, which is:
Dividend Payout = $4,252 x 0.5 = $2,126
Therefore, the company does not need any external financing as it has enough resources to cover its expenses and pay out dividends to shareholders.
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abor information regular rate $16.00/hr overtime rate $23.50/hr targeted labor cost $12,000/wk labor hours needed 750/wk any hour worked over 40 hrs/wk must be paid overtime rate for a 13-person team, how many extra workers should be hired to meet the labor hours needed without overtime?required question. 6 19 58 230 924
To meet the labor hours needed without overtime, Creech should hire 6 extra workers.
To determine how many extra workers should be hired to meet the labor hours needed without overtime, we need to calculate the number of regular hours worked by each employee, and the number of overtime hours worked.
First, we'll calculate the total number of regular hours worked by the 13-person team:
Regular hours = 40 hours/week * 13 employees = 520 hours/week
Next, we'll calculate the total number of overtime hours worked by the 13-person team:
Overtime hours = 750 hours/week - 520 hours/week = 230 hours/week
Finally, we'll calculate the number of extra workers that need to be hired to meet the labor hours needed without overtime:
Extra workers = ceil(230 hours/week / 40 hours/week) = ceil(5.75) = 6 workers
So, 6 extra workers need to hire.
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which of the following is not one of the benefits of being ethical and socially responsible in business? question 5 options: greater employee commitment a high degree of employee dissent improved customer trust and satisfaction increased investor loyalty better financial performance
Last option is correct. Improving financial performance is not included in the benefits of ethical and social responsibility in business.
Many factors drive a company's profitability, including an experienced management team, dedicated and productive employees, consistent consumer demand, and careful monitoring of bottom line profits. In addition to these well-known business practices, companies that implement management philosophies that rely heavily on business ethics have been proven to be more successful than those that operate in unethical ways.
While this may not be the first variable to consider when analyzing a company's bottom line, business ethics is an equally important catalyst for a company's success.
Many factors drive a company's profitability, including an experienced management team, dedicated and productive employees, consistent consumer demand, and careful monitoring of bottom line profits. In addition to these well-known business practices, companies that implement management philosophies that rely heavily on business ethics have been proven to be more successful than those that operate in unethical ways.
Research shows that emotionally intelligent bosses lead to happier and more creative employees. Consumer buying habits are also changing in favor of green brands.
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A sport fan who is enticed into buying a ticket to a game by a game promotion had his consumer behavior affected by ?
A sport fan who is enticed into buying a ticket to a game by a game promotion had his consumer behavior affected by market behavior of the sport firm.
What does "marketing strategy" mean?
A marketing strategy is a long-term plan for attaining a company's objectives through comprehending client needs and forging an identifiable and long-lasting competitive advantage.
It covers every aspect, including choosing which channels to employ to reach your target audience and identifying who your clients are.
Why is a marketing plan crucial?
Your business objectives, including who your ideal clients are and how you plan to reach them, are outlined in a marketing strategy.
It serves as your action plan and the general outline for all of the marketing initiatives you'll undertake to expand your company over the ensuing months and years.
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What do economists mean when they say behavior is "rational"?Individuals making choices that do not harm others.Individuals making choices entirely using logic.Individuals making choices which help them reach their goals.Individuals making choices to maximize their wealth.Individuals caring more about their own outcomes than others' outcomes.
Economists mean when they say behavior is "rational" is Individuals making choices which help them reach their goals.
What is rational behavior?A decision-making process centred on choosing decisions that produce the highest possible amount of value or utility for an individual is referred to as rational behaviour. According to the presumption of rational behaviour, people choose to pursue acts that are in their best interests rather than those that are neutral or harmful to them.
What does rational living entail?Rational life is conscious living. Making decisions about your life and views involves employing the cognitive abilities you have been given. I'd like to believe that the majority of individuals in this room support living intentionally. But do you behave sanely? since they both describe the same thing.
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which of the following statements is false? personal aspirations are based on intrinsic motivations. when an employee's personal aspirations are aligned with those of the organization, he or she has a shared sense of mission with the organization. when personal and organizational aspirations are not aligned, an employee can eventually lose motivation. every organization must rely on extrinsic motivations such as pay, promotion, recognition, or other incentives.
The given option statement is false which is "every organization must rely on extrinsic motivations such as pay, promotion, recognition, or other incentives'' because many organization create good environment for workflow as a motivation to do more work.
The promotion is the term which refers to the entire set of the activities which is performed in the workplace and the promotion is also defined in the marketing field as the which communicate to the product and brand to the consumer.
The types of promotion in the marketing field is advertising, direct marketing, sales promotion, discounts and allowances, personal selling, product sample and the Email.
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