The amount that Ash Corp. should report as estimated warranty liability at June 30 is $17,000.
The correct answer is (A) $17,000.
To determine the estimated warranty liability at June 30, we need to calculate the estimated warranty cost for the 2,000 units that were unsold at that time.
The estimated warranty cost per unit sold is $8, and since 3,000 units were sold by June 30, the estimated warranty cost for those units is:
3,000 units x $8 per unit = $24,000
Since actual warranty costs incurred from April 1 through June 30 were $7,000, the estimated warranty liability at June 30 is:
$24,000 - $7,000 = $17,000
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intermediate goods are included and final goods are not included in calculating gross domestic product. group of answer choices true false
The correct answer is false .A country's Gross Domestic Product (GDP) represents the market value of all finished goods and services produced within the country.
Avoid double counting - adding the value of output to GDP more than once - GDP only counts the final production of goods and services, not the production of intermediate goods or the value of labor in the production chain. Intermediates are products used in the manufacture of other consumer goods. Their value is already included in the final product value, so they are double counted and therefore not included in the GDP. In macroeconomics, Gross Domestic Product (GDP) measures the sum of the market values of all final goods and services produced in a given economy. Intermediate products are not counted in this total as they are already accounted for in the value of the final product contributed.
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Firms are typically more successful when they focus on opportunities that build on their strengths relative to those of their competition (T/F)
This declaration is True.
The components of a SWOT evaluation are strengths, weaknesses, opportunities, and tactics. Firms are commonly extra profitable when they center of attention on possibilities that construct on their competitors' strengths.
Why is a firm's approach vital ?A company wants a method to specify what actions are going to be taken: To improve its financial performance. To strengthen its aggressive position. To attain a sustainable aggressive gain over its market rivals.
What is the main cause of a firm?A association is a for-profit business, usually fashioned as a partnership that affords professional services, such as felony or accounting services. The principle of the company posits that firms exist to maximize profits.
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https://brainly.com/question/27975123#SPJ4an organized effort where goods and services are freely exchanged is known as a question 2 options: business. government. market. religion.
Free enterprise refers to a free market economy that has few restrictions on the transfer of wealth or the purchase and sale of products and services.
A business is a place where people come together to work. People work in a business to produce and market goods and services. The goods and services are purchased by other people. A company can make money from the goods and services it provides. The word "business" derives from the verb "to be busy," which refers to action. To turn a profit, any firm needs to make some kind of investment and have a sufficient number of consumers to whom it can consistently sell its output. Pepsi Co. is an illustration of a corporate firm, whereas a mom-and-pop catering service is a private business.
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suppose the real risk-free rate is 3.50% and the future rate of inflation is expected to be constant at 4.80%. what rate of return would you expect on a 1-year treasury security, assuming the pure expectations theory is valid? disregard cross-product terms, i.e., if averaging is required, use the arithmetic average.
We would expect a return of 8.30% on a 1-year Treasury security if the pure expectations theory is valid.
What is pure expectations theory?Under the pure expectations theory, the expected return on a 1-year Treasury security would be equal to the expected real risk-free rate plus expected inflation.
According to expectancies theory, the long-term interest rate is the average of the current and anticipated short-term rates in the future. The average of the present and anticipated short-term rates for the next five years, for instance, is the yield to maturity on a bond with a maturity of five years.
Expected return = Real risk-free rate + Expected inflation
Expected return = 3.50% + 4.80% = 8.30%
So, we would expect a return of 8.30% on a 1-year Treasury security if the pure expectations theory is valid.
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a bank reconciliation compares the company's cash records with the bank statement and discovers differences in those amounts due to
A bank reconciliation compares the organization's cash records with the bank statement and discovers differences in those amounts due to "a variety of reasons such as outstanding checks, deposits in transit, bank errors, and unauthorized transactions".
A bank reconciliation is the process of comparing a company's cash records with the bank statement to ensure that they match. During the reconciliation process, differences may be discovered between the two sets of records. These differences can be due to a variety of reasons, including outstanding checks that have not yet cleared the bank, deposits that have been made to the bank but have not yet been recorded in the company's records, bank errors, and unauthorized transactions.
The purpose of the bank reconciliation is to identify and explain these differences and to ensure that the company's cash records accurately reflect the company's actual cash balance. This process helps to prevent fraud and errors and to ensure that the company has accurate financial records.
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true or false? subtract your outflow for necessities from your total monthly income. the answer is the amount of discretionary income you have left.
True, subtract your outflow for necessities from your total monthly income.
What is discretionary income?
Discretionary income is the amount of money that a family or individual has left over after paying taxes and essential expenses like rent or mortgage, utilities, student loans, and credit card debt. There are some similarities between the two income streams because discretionary income is a subset of disposable income. Regarding the Income-Contingent Repayment Plan, discretionary income is the sum of your annual income less 100% of the federal poverty level for your family size and location. The U.S. Department of Health and Human Services updates the poverty guidelines. It's more beneficial to think about discretionary income as a share of your spending plan.
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can you deduct mortgage interest if you take the standard deduction?
You won't being able to deduct the mortgage interest if you choose the standard deduction.
What is the meaning of mortgage?Once you and a creditor enter into a mortgage, the lender is granted the power to seize your land if you are unable to pay back the loan amount plus interest. To purchase a property or take loans against with the value of the house you currently own, you can use a mortgage loan.
What is mortgage called in India?In order to secure the repayment of funds given in the of a loan, a current or upcoming obligation, or the execution of an engagement that may result in a financial liability, a land mortgage is the transference of such an interest in a certain immovable property.
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a 30-year maturity, 6% coupon bond paying coupons semiannually is callable in five years at a call price of $1,100. the bond currently sells at a yield to maturity of 5% (2.5% per half-year). required: a. what is the yield to call? (do not round intermediate calculations. round your answer to 2 decimal places.) b. what is the yield to call if the call price is only $1,050? (do not round intermediate calculations. round your answer to 2 decimal places.) c. what is the yield to call if the call price is $1,100 but the bond can be called in two years instead of five years? (do not round intermediate calculations. round your answer to 2 decimal places.)
The first equation into the second and solving for y gives a semiannual yield of 3.481%, or an annual yield to call of 6.96%. (a) the yield to call is 5.71%. (b) an annual yield to call of 6.28%. and (c) the bond would be worth the call price of $1,100 at that time if 1,100 = [tex]PV/(1 + y/2)^4[/tex]
To solve this problem, we need to use the bond pricing formula for a bond with semiannual coupon payments:
[tex]PV = (C/2) * (1 - 1/(1 + r/2)^{2n}) + F/(1 + r/2)^{2n}[/tex]
where PV is the present value of the bond, C is the semiannual coupon payment, r is the semiannual yield to maturity, n is the number of semiannual periods, and F is the face value of the bond.
a. To find the yield to call, we need to find the yield semi-annual that would make the bond worth the call price of $1,100 in five years. The call price is the present value of the bond at that time, so we can use the bond pricing formula with n = 10 (20 semiannual periods) and PV = $1,100:
[tex]1,100 = (60/2) * (1 - 1/(1 + r/2)^{20}) + 1,000/(1 + r/2)^{20}[/tex]
Solving for r using a financial calculator or spreadsheet gives a semiannual yield of 2.854%, or an annual yield to call of 5.708%. Therefore, the yield to call is 5.71%.
b. To find the yield to call with a call price of $1,050, we can use the same formula with PV = $1,050:
[tex]1,050 = (60/2) * (1 - 1/(1 + r/2)^{20}) + 1,000/(1 + r/2)^{20}[/tex]
Solving for r gives a semiannual yield of 3.140%, or an annual yield to call of 6.28%.
c. To find the yield to call with a call price of $1,100 and a call date of two years from now, we need to find the present value of the bond at that time using the bond pricing formula with n = 4 (8 semiannual periods):
[tex]PV = (60/2) * (1 - 1/(1 + r/2)^{8}) + 1,000/(1 + r/2)^{8}[/tex]
If the yield to call is y, then the bond would be worth the call price of $1,100 at that time if:
1,100 = [tex]PV/(1 + y/2)^4[/tex]
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the strategy of treating each country as a unique market and in total isolation is referred to as .
The strategy of treating each country as a unique market and in total isolation is referred to as localization.
What is localization ?A company's localization strategy is a distinctive market technique it uses to handle the varying cultural norms, consumer behaviours, and purchasing patterns in each country it operates in.
The company's website has been localised so that it is accessible in the native tongue and is tailored to local preferences. They emphasise using natural ingredients and innovative designs while customising the formulas and packaging for the market. For instance, in India, Starbucks was localising its brand and adjusting to Indian culture.
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when an owner withdraws cash or other assets from a business for personal use, these withdrawals are termed
When an owner withdraws cash or other assets from a business for personal use, these withdrawals are termed drawings.
What Is Drawing Account?Drawing is basically one of the terms used in accounting and refers to the activity of withdrawing assets or money from a business carried out by the owner of the business. Therefore, the drawing account on record will be included in the debit account and the money or assets taken will be in the credit account. This drawing is usually done every year where there is an account closing at the end of the year and all cash is transferred to the owner's account and the company opens a new account for the new year.
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noah and orin do business as personnel partners. in most states, for purposes of suing and being sued, personnel parterns would be treated as
Since noah and orin business is data security, most states would recognize the company as an independent organization for the purposes of collecting judgments.
Small Business Administration is known as SBA. It supports Americans who are launching new businesses. The SBA administrators will be giving a SCORE the money. The SBA views SCORE as a resource partner. The SCORE volunteers will conduct training sessions for business owners starting new ventures through the SBA offices. In the described scenario, Devon, a five-year business owner, is having problems keeping track of the company's assets. As a result, he requires some advice from the SBA Score volunteers, and the fact that SCORE staff offer services to small businesses via the SBA can be used to explain the organization's goals and services.
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a. the 8.5%, five-year bond yields 6.4%. if this yield to maturity remains unchanged, what will be its price one year hence? assume annual coupon payments and a face value of $1,000. (do not round intermediate calculations. round your answer to 2 decimal places.) b. what is the total return to an investor who held the bond over this year? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)
a. Using the yield to maturity (YTM) as the discount rate, we must compute the present value of the bond's future cash flows in order to determine its price one year from now.
To start, we must determine the bond's annual coupon payment, which is 8.5% of $1,000 ($85).
The present value of the coupon payment is then calculated as follows: $85 / (1 + 0.064) = $81.34.
Last but not least, we must determine the face value's current value, which is $1,000 / (1 + 0.064)2 = $958.11.
The bond's price one year from now is equal to the product of the face value ($915.11) plus the coupon payment's present value ($81.34), or $1039.45.
b. The total return to an investor who held the bond over this year can be calculated as the change in price plus the coupon payment divided by the initial price, which is ($1039.45 - $1000 + $85) / $1000 = 0.06445 or 6.45%.
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in order to earn $1,000 per year for 15 years starting next year, how much money should you deposit in a bank now if the bank offers a compound interest rate of 12%? g
You need to deposit $2,051.44 in the bank to earn $1,000 per year for 15 years with a 12% compound interest rate.
Compound interest is the interest earned on the original amount and the interest earned in previous periods. It's like earning interest on your interest.
To calculate the amount you need to deposit now, you can use the formula:
A = P * (1 + r/n)ⁿˣ
Where:
A is the final amount,
P is the principal (the initial amount),
r is the interest rate,
x is the number of years, and
n is the number of times the interest is compounded in a year.
In your case, you want to earn $1,000 per year for 15 years, so you need to deposit an amount that will earn you $1,000 every year for 15 years. Let's assume that the interest is compounded annually (n = 1). So, the formula becomes:
A = P * (1 + 0.12)¹⁵
To find P, you can rearrange the formula:
P = A / (1 + 0.12)¹⁵
Substituting $1,000 for A, you get:
P = $1,000 / (1 + 0.12)¹⁵ = $2,051.44
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ll of the following cause a rightward shift in the demand schedule for a normal good EXCEPT (A). a decrease in the price of the good (B). a decrease in the price of a complementary good (C). an increase in the price of a substitute good (D). an increase in consumers' income (E). an increase in consumers' preference for the good
One class of goods where there is a clear correlation between demand and consumer income is the demand for regular commodities. The correct answer is option A.
What is the demand for normal goods?
The demand for normal commodities is one category of items where the relationship between demand and consumer income is clear. In other words, as consumer income or the size of the economy grow, so does the demand for ordinary goods (which generally will increase the income of the population). As income rises, so does demand for everyday items. Using the income elasticity of demand formula, one may calculate how much demand will change when income changes. The quantity of an item that will be purchased at different market prices is indicated by the demand schedule.
A demand schedule lists the amounts of a specific commodity or service that will be wanted or purchased at different market rates, ceteris paribus.
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when an unemployed person drops out of the labor force, the unemployment rate
The unemployment rate may overstate the genuine level of unemployment in the economy if an unemployed person leaves the labor force.
What was the earliest unemployment rate recorded in the US?It is currently only 3.4%. The weakest in 54 years, that is. Additionally last month, the Bureau of Economic Analysis of the Commerce Department stated that real wages increased last month relative to seven months earlier and that the GDP increased by 2.9% for the final quarter of 2022.
What was the record-breaking unemployment rate?Between 1948 and 2023, the United States' unemployment rate averaged 5.73 percent, with record highs of 14.70 per cent in April 2020 and 2.50 percent in May 1953.
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distinguish between managerial and financial accounting as to (a) primary users of reports, (b) types and frequency of reports, and (c) purpose of reports.
Managerial account reports are intended for internal use, similar as decision- makers within the company, and are prepared on a regular whereas base.Whereas financial account reports are intended for external stakeholders and are formalized and prepared on a daily and periodic base.
a) Primary druggies of Reports
Managerial Accounting- The primary druggies of directorial account reports are internal, similar as directors, directors, and other decision- makers within the company.
Financial Accounting - The primary druggies of fiscal account reports are external, similar as investors, creditors, controllers, and other stakeholders outside the company.
b) Types and frequence of Reports
Managerial accounting- directorial account reports are acclimatized to the specific requirements of the association and can include budgeting and soothsaying, cost analysis, and performance evaluation reports. These reports are generally prepared on a regular base.
Financial Accounting- Financial account reports are formalized and include the balance distance, income statement, and cash inflow statement. These reports are generally prepared on a daily and periodic base to meet nonsupervisory conditions.
c) Purpose of Reports
Managerial Accounting- The purpose of directorial account reports is to give information that's useful in the operation of the association, similar as decision- timber, planning, and control.
Financial Accounting -The purpose of fiscal account reports is to give information that's useful in assessing the fiscal performance and position of the association, similar as determining the company's profitability and solvency.
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what is the stark law also known as and why is it important to hospitals? a. qui tam statute: hospitals are at risk for knowingly presenting or causing to present a false claim to the government. b. physician self-referral law: the law also covers services billed by hospitals actually provided by a physician-owned entity under contract with the hospital. c. qui tam statute: hospitals have a higher risk of disgruntled employees creating a qui tam suit. d. physician self-referral law: hospitals are responsible for the referral patterns of the physicians that also have admitting privileges to their hospital.
The stark law also known as qui tam statute, and it is important to hospitals because they are at risk for knowingly presenting or causing to present false claim to the government.
What is stark law?A physician who has a financial connection to an organisation providing designated health services (also known as "DHS") cannot recommend a Medicare or Medicaid patient to that organisation. Referrals are described as "the request by a physician for the item or service" for Medicare Part B services and "the request or establishment of a plan of treatment by a physician that involves the provision of the designated health service" for all other services. The Stark Law is subject to a number of exceptions, including those for physician services, in-office ancillary services, ownership of publicly traded securities and mutual funds, renting office space and equipment, and bona fide employment arrangements.
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companies look for cost-effective ways to maintain and build business relationships. email is one step in that effort. which is the most effective positive message opening?
The following option that show us about the most effective positive message opening is Will you be available to discuss your idea with our developers the week of May 10?
In the term of business and organization, Business relations generally can be defined as a connections between stakeholders in the process of businesses. Business relationship included some relationship, such as employer–employee relationships, managers as well as outsourced business partners. Business relationship is a crucial factor. It can affect through the business career. So, if we interact with each other, we have to used effective positive message.
The question above is incomplete, the complete question is:
Companies look for cost-effective ways to maintain and build business relationships. Email is one step in that effort. Which is the most effective positive message opening?
--How did you come up with your idea?
--KendCo is working on hard on a lot of iniatives.
--Will you be available to discuss your idea with our developers the week of May 10?
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what form does the product specification take for the following firms: a trvael agency, a beer company, and a consulting firm?
The answer is, In 2010, the SEC's Enforcement Division created a specialized unit to further enhance its enforcement of the FCPA, which prohibits companies issuing stock in the U.S. from bribing foreign officials for government contracts and other business.
What exactly is a product?Any good or service you provide to satisfy a customer's need or desire is a product. They might be real or virtual. Durable commodities (such as vehicles, furniture, and computers) and nondurable items are examples of physical things (like food and beverages).
What is a basic product?Basic products are items intended for export after processing into processed products or into goods; Samples 1 through 3 also include commodities intended for export after processing.
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which provides the necessary experience to purse her claim and would ensure the employee lowest overall cost?
When considering which approach would provide the necessary experience to pursue a claim and ensure the lowest overall cost for an employee, it would depend on the nature of the claim and the available options for pursuing it.
In some cases, it may be necessary for the employee to hire an experienced attorney who specializes in the relevant area of law, such as employment law or personal injury law. While this may result in higher upfront costs, it may also increase the chances of a successful outcome and result in a larger settlement or judgment.
Alternatively, the employee may be able to pursue the claim on their own, with or without the assistance of a legal aid organization or self-help resources. This approach may have lower upfront costs, but may also be more challenging and may result in a smaller settlement or judgment.
Ultimately, the best approach will depend on the specific circumstances of the claim and the employee's individual needs and goals. It may be helpful to consult with a legal professional or other trusted advisor to determine the best course of action.
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Which of the following is an example of something that would be studied in macroeconomics? A. the factors that increase a firm's productivity B. the causes of a nation's economic expansion C. how healthcare costs affect families D. the reasons entrepreneurs start businesses
Option (B). The causes of a nation's economic expansion is an example of something that would be studied in macroeconomics.
How is macroeconomics utilized in actual life?
Macroeconomists try to predict economic conditions that help consumers, businesses and governments make better decisions.
Consumers want to know how easy it is to find a job, how much it costs to buy goods and services in the marketplace, or how much it costs to borrow money.
What are the golden rules of microeconomics?
The golden rule is that throughout the economic cycle, governments should only borrow for investment, not to fund current spending. More specifically, the current budget should, on average, be balanced or surplus over the business cycle.
What are the primary equipment of macroeconomics?
The most important instruments of macroeconomic policy are fiscal policy (government spending and taxation) and monetary policy (management of the money supply by central banks). These instruments are used to achieve macroeconomic balance.
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what type of health plan has seen dramatic growth and their market share will most likely grow as increased pressure for healthcare cost containment continues?
As pressure to restrict healthcare costs continues to increase, the market share of high deductible health plans with saving options has grown significantly.
Health planning is the process of evaluating requirements and resources, prioritising goals, and describing the administrative action needed to attain those goals in order to examine community health challenges. A good strategy should supply A crystal clear vision, mission, and set of objectives a thorough list of the things that need to be done The resources needed to finish the activity include people, objects, money, time, space, and knowledge. Six steps are involved in planning. examining the circumstances selecting and analysing significant (priority) issues establishing targets and goals Identifying potential obstacles Planning the strategy Making the plan official
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being supportive of diversity can sometimes result in organizations facing boycotts and negative publicity from those resistant to diversity. true false
Being supportive of diversity can sometimes result in organizations facing boycotts and negative publicity from those resistant to diversity. The statement is True
Supporting diversity can often lead to resistance and pushback from those who are not in favor of diversity and inclusion. This can result in boycotts and negative publicity for the organization, as well as potential legal and financial consequences.
However, despite these potential risks, many organizations still prioritize diversity and inclusion because of the many benefits it can bring. Research has shown that diverse and inclusive workplaces can lead to increased innovation, better decision-making, improved employee satisfaction, and stronger relationships with customers from diverse backgrounds. Additionally, promoting diversity and inclusion can also help organizations comply with laws and regulations, and enhance their reputation and brand image.
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An organization's budget is a document that details O the financial and physical resources allocated to a project or department for a period O the cash available for business expenses and payroll during a year O the headcount assigned to each departmental manager for the year
An organization's budget is a document that details a. The financial and physical resources allocated to a project or department for a period
What is an organization's budget ?A project's or department's financial and material resources are specified in the budget for the organization. They are single-use plans since they are only applicable during that time or for that unique occasion.
Zero-based budgeting treat each budget as though it were completely fresh and demand that managers provide justification for each line item. Budgets are made sure to be tightly related to the most recent corporate goals through this approach.
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the participation of women in the u.s. labor force has risen dramatically since 1970. true or false: this rise likely increased gdp in the united states
The given statement"The participation of women in the u.s. labor force has risen dramatically since 1970."is true .
The increased participation of women in the US labor force likely contributed to the growth of the country's Gross Domestic Product (GDP).
When more individuals, including women, participate in the workforce, they bring in additional skills, talent, and experience, which can drive economic growth and increase overall productivity. Moreover, the increase in women's participation has also expanded consumer spending power, creating additional demand for goods and services, further boosting economic activity.
Hence , the statement is true.
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kenny's boots has current assets of $687,600, total assets of $1,711,000, net working capital of $223,700, and long-term debt of $450,000. what is the debt-equity ratio?
The debt-equity ratio is 1.15
Current liabilities = $687,600 − 223,700
Current liabilities = $463,900
Total equity = $1,711,000 − 463,900 − 450,000
Total equity = $797,100
Debt-equity ratio = ($463,900 + 450,000)/$797,100
Debt-equity ratio= 1.15
What is the debt-equity ratio?
The debt-to-equity ratio is a financial metric that shows how much debt and shareholder equity were utilized to finance the assets of a company. The ratio, often known as risk, gearing, or leverage, is closely related to leveraging. D/E ratios under 1 are typically seen as quite safe, however, levels of 2 or more may be viewed as dangerous. Businesses in some sectors, such as utilities, consumer goods, and banking, frequently have high D/E ratios. A particularly low D/E ratio should be taken into consideration as it may be a sign that the company is not utilizing debt financing and its tax benefits.
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g: what is the overall purpose of a corporation? group of answer choices to maximize the long-term return to the shareholders to maximize the short-term return to the shareholders to maximize the long-term return to all the stakeholders to maximize the short-term return to all the stakeholders
The overall purpose of a corporation is to maximize the long-term return to the shareholders.
What is the corporation ?A corporation is a business structure whereby shareholders invest in a company and receive a stake in its profits and losses. Corporations are created for the purpose of making a profit, and are distinct from other business structures, such as partnerships or sole proprietorships, because they are separate from their owners. Corporations may be publicly traded, which means their shares are available for purchase on the stock market, or privately owned. Corporations have a variety of advantages, such as limited liability for their owners, the ability to raise capital through the sale of stock, and the ability to continue indefinitely even after the death of its owners.
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technology integration strategies that promote skill fluency or automaticity are based on which kind of models?
Based on the sorts of guided models, technology integration solutions which it enable skill fluency as well as automaticity are developed.
Which phrase best describes skills?Many people use the words artifice, art, craft, even cunning to describe skill. Although talent lays a stronger focus on technical proficiency, all of these expressions allude to "the capacity of doing what one has made appropriately."
Why do we use the term "professional skills"?Professional skills are aptitudes and occupational competencies used in the workplace and beneficial for practically any employment. Professional abilities are a combination of hard and soft abilities.
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how can managers effectively convey impressions of empathy and power? group of answer choices tone of voice physical appearance work environment body language
Managers can effectively communicate feelings of power and empathy through their body language.
Understanding how other people emotionally feel, seeing things from their perspective, and placing yourself in their shoes are all examples of empathy. It essentially involves placing yourself in another person's shoes and experiencing their feelings. Empathy is the ability to immediately see yourself going through all that experience and feel what they are feeling when you see another person in a depressed state, such as when they have lost a loved one. Numerous studies have found that empathy is declining both nationally and internationally. These findings urge parents, teachers, and the community to promote initiatives that aid individuals of all ages in developing and maintaining their capacity to put themselves in others' shoes.
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a negotiation between a seller and a buyer began with each party stating their respective expectations in a competitive style. the seller started with as high an asking price as is considered reasonable. likewise, the buyer began with the lowest reasonable price. in the context of negotiation methods, this scenario is an example of . group of answer choices surface bargaining positional bargaining principled negotiation distributive negotiation fact bargaining
The vendor set the asking price as high as was deemed appropriate at the outset. The buyer also started with the lowest reasonable price. This situation serves as an illustration of positional bargaining in the context of negotiation techniques.
Positional bargaining refers to when parties negotiate based on their positions or statements of what they intend to obtain from the discussion. Positional bargaining is a type of distributive negotiation in which both sides consider the conflict to be a lose-lose situation. A good illustration of positional negotiating is when a store owner and a customer discuss the price of a product. The seller will only accept payments over a certain threshold, and the buyer will only pay up to a certain amount. Negotiating from a position is ineffective. Positional negotiation typically involves parties trying to outdo one another by starting out with an aggressive stance and then focusing only on how to make a counteroffer without budge. Small adjustments and bold suggestions could result
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