Calculation of Current Ratio = Total Current Assets ($505) /Total Current Liabilities ($320) = 505/320 = 1.58. The correct option is a.
What is the current ratio?The current ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assets on its balance sheet to satisfy its current debt and other payables. A current ratio that is in line with the industry average or slightly higher is generally considered acceptable.
A current ratio that is lower than the industry average may indicate a higher risk of distress or default.
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which of the following is a question an analyst would ask when assessing the quality of a firm's financial statements? a. has the firm integrated forward into retailing to final consumers? b. are the company's products designed to meet a specific market segment? c. is the firm diversified across several geographical markets? d. do earnings include nonrecurring gains or losses? g
The correct option is option D
An analyst would ask when assessing the quality of a firm's financial statements - do earnings include nonrecurring gains or losses.
In order to determine whether the earnings reported by the company are sustainable and reflective of its ongoing operations, or if they include one-time gains or losses that are not typical of its financial performance, an analyst would ask this question when evaluating the quality of a firm's financial statements. To assess a company's financial standing and potential for the future, an analyst must have a thorough understanding of the nature of its profits.
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demand for soda outside an airport is more elastic than inside of the airport because: necessities have less elastic demand. fewer choices means more elastic demand. specific brands tend to have more elastic demand than categories of goods. more choices makes demand more elastic.
Demand for soda outside an airport is more elastic than inside of the airport because 1.necessities have less elastic demand.
What is elastic and inelastic demand ?Luxury products and particular foods and beverages are elastic goods because demand is influenced by price changes for them. Products like nicotine and prescription medications may be considered inelastic goods since demand for them frequently remains constant despite price fluctuations.
An economic word known as "inelasticity" describes an item or service's unchanging quantity when its price varies. When prices rise, consumers' purchasing patterns essentially stay the same, and when prices fall, those same purchasing patterns also hold true. This is known as inelastic demand.
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Quality assurance in terms of products is largely one purpose of:
Question 1 options:
guidelines for employee behavior.
processes and procedures.
policies to deal with employee performance and behavior.
rules for computer use.
Quality assurance in terms of products is largely one purpose of policies to deal with employee performance and behavior. The Option C is correct.
What is the role of Quality assurance?Any systematic process of determining whether a product or service meets specified requirements is referred to as quality assurance (QA). Quality assurance creates and maintains standards for developing or manufacturing reliable products.
A quality assurance system is intended to boost customer confidence and a company's credibility while also improving work processes and efficiency, allowing a company to compete more effectively.
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the following information was collected from the accounting records of the part sx9 for 2,300 units: per unit per period sales price $ 530 direct materials 100 direct labor 40 overhead 60 $ 92,000 marketing 25 administrative 69,000 what is part sx9's total cost per unit?
Part SX9's total cost per unit is $320.
1. Calculate the total cost of Direct Materials, Direct Labor and Overhead:
Direct Materials cost = 100 x 2,300 = $230,000Direct Labor cost = 40 x 2,300 = $92,000Overhead cost = 60 x 2,300 = $138,0002. Calculate the total cost of Marketing and Administrative costs:
Marketing cost = 25 x 2,300 = $57,500Administrative cost = 69,0003. Calculate the total cost of Part SX9:
Total Cost of Part SX9 = Direct Materials cost + Direct Labor cost + Overhead cost + Marketing cost + Administrative cost= 230,000 + 92,000 + 138,000 + 57,500 + 69,000 = 586,5004. Calculate the cost per unit:
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suppose you bought a stock for $45 one year ago. today the stock is currently priced at $47.42. if the stock does not pay a dividend, what is the dollar return for this stock?
If stock does not pay a dividend, $2.42 is the dollar return for this stock.
What is dividend?A corporation's payout to its shareholders, which is determined by the board of directors, is known as a dividend. Quarterly dividend payments are typical and might take form of stock reinvestments or cash payouts. A corporation's dividend yield, which is the dividend per share, is expressed as a percentage of its stock price, for instance, 2.5%. A common shareholder of a corporation that pays dividends is qualified to receive a payout if they owned the shares on the ex-dividend date or earlier. Shareholders must approve dividends through the exercise of their voting rights. A dividend is a payment provided to shareholders in exchange for their ownership interest in a company, and it is normally funded by the latter's net profits.
Dollar return=$47.42-$45= $2.42
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bishara wants to start a small business importing some products from her native kenya. before she starts, some good advice to bishara would be to
Conduct market research: Bishara should investigate the demand for the products she wants to import in her target market to determine if her products have a viable market.
Create a business plan: A well-thought-out business plan will assist Bishara in setting goals, determining startup costs, and projecting future income.
Obtain the necessary licences, permits, and certifications: Bishara should obtain the licenses, permits, and certifications required to import and sell products in her target market.
Connect with suppliers: Bishara should connect with suppliers in Kenya and negotiate terms for importing the products.
Consider customs and shipping costs: Bishara should investigate and budget for the costs of importing goods, such as customs fees and shipping costs.
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listed below are year-end account balances ($ in millions) taken from the records of symphony stores. debit credit accounts receivable $ 662 building and equipment 935 cash 57 interest receivable 37 inventory 36 land 158 notes receivable (long-term) 476 prepaid rent 35 supplies 13 trademark 41 accounts payable $ 615 accumulated depreciation 63 additional paid-in capital 477 dividends payable 27 common stock (at par) 18 income tax payable 56 notes payable (long-term) 877 retained earnings 286 deferred revenue 31 totals $ 2,450 $ 2,450 what would symphony report as total current assets? multiple choice $840 million $880 million $855 million $1,713 million
Symphony would report total current assets of $855 million.
Current assets are assets that are expected to be converted into cash or used up within one year.
How to calculate current assets ?We must sum together the following accounts in order to determine total current assets:
Receivables (662 million dollars)
($57 million) in cash
Interest Owed ($37,000,000)
Inventories ($36,000,000)
Rent Already Paid ($35 million)
Supplies ($13,000,000)
Thus, $662 + 57 + 37 + 36 + 35 + 13 = $855 million would be the calculation.Building and equipment, land, long-term loans receivable, trademarks, and deferred revenue are not regarded as current assets because they are not anticipated to be converted into cash or depleted within a year.To know more about current assets , check out :
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Wig Wam Inc. experienced a business event that had the following effect on its accounting equation. Assets = Liabilities + Common Stock + Retained Earnings 50,000 50,000 NA NA Which of the events would have caused this effect A. paid off debt. B. issued common stock for cash. C. incurred cash expense. D. loan from a credit
The following impact on Wig Wam Inc.'s accounting equation was caused by a business occurrence. Assets are equal to Liabilities plus Common Stock plus Retained Earnings. 50,000 50,000 NA . A credit loan.
Exactly exactly do you mean by business?A person who produces goods or renders services with the goal of reselling them for one profit is also considered to be involved in business. Business Definition. A company is a for-profit organization or establishment that does commerce. They could be commercial, industrial, or of other kinds.
An effective business definition is what?Businesses that follow ethical business practices have broadened the definition of success beyond the bottom line to consider the impact the company has on every one of its stakeholders, including communities, and the entire world. In other words, it has an exterior focus.
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job 306 job 307 job 308 april total from march direct materials $29,000 $43,000 $72,000 direct labor 23,000 17,000 40,000 applied overhead 11,500 8,500 20,000 beginning goods in process for april direct materials 131,000 210,000 105,000 446,000 direct labor 104,000 152,000 104,000 360,000 applied overhead total costs added in april total costs (april 30) status on april 30 finished (sold) finished (unsold) in process april 30 cost included in:
The term "factory payroll cost" refers to the salaries and other perks paid to factory employees who produce items. The entire price of Job 306 and Job 307 is $1,098,500.
Calculating the overall cost
Particulars Job 306, Job 307, and Job 308. Total in April From March Direct Materials $28,000 $43,000 $71,000
Direct employment 22,000 16,000 38,000
applied overhead 11,000 8,000 19,000
Work in progress (A) at the start: $61,000, $67,000, and $128,000
133,000 205,000 for April Direct materials $100,000 438,000
labour force directly employed 102,000 151,000 102,000 355,000
50 percent of the direct labour cost is applied overhead. 51,000 75,500 51,000 177,500
The total cost for April (B) was 286,000 431,500 while the total cost for March was 253,000 970,500.
As of April 30th, the total cost (A + B) $347,000 $498,500 $253,000 $1,098,500
Jobs Situation as of April 30: Positions 306 and 307 Job 308
Cost of finished items sold (Sold) final products (Unsold inventory) Inventory of ongoing projects.
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if the interest rate is greater than zero, the value of an annuity due is always blank an ordinary annuity. multiple choice question. equal to greater than less than
For interest rates higher than zero, the future value of an annuity required is always greater than that of the future value of a regular annuity that is otherwise equal.
Why is a due annuity worth more than a standard one in terms of both present and future values?The payments made on an annuity due are now worth more than they would if they were made on a standard annuity because of inflation and the time value of money.
The present value of an annuity is always greater than the future value.An annuity due has a constant difference in present value from a traditional annuity. Because the present value of an annuity due is always greater than and never lower than that of a conventional annuity.
An annuity due will have a higher future value than an ordinary annuity since it has had more time to accumulate compound interest than an ordinary annuity, all other things being equal.
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consider the following events: a. a reduction in the patent protection period to no more than 2 years b. a war that destroys a substantial portion of a nation's capital stock c. the lack of secure and enforceable property rights system which of the events listed above could cause a movement from w to v?
The events listed which could cause a movement from W to V are a and b.
Only options b and c are appropriate in the first scenario. The first claim is untrue because modifications to the patent protection period have no impact on production options. The PPF would, however, fluctuate in response to changes in technology or resource availability. In this scenario, decreased capital stock and a lack of property rights would decrease the potential for output.
The only options that are correct in the second scenario are a and b. In spite of the fact that both will boost production capabilities, consumer wealth will not. Only in the short term will it raise the demand for products and services.
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1. stop and go has a 4.5 percent profit margin and an 18 percent dividend payout ratio. the total asset turnover is 1.6 and the debt-equity ratio is 0.45. what is the sustainable rate of growth?
The sustainable rate of growth is 10.85 percent. The sustainable growth rate reveals what stage of a company's life cycle it is in. It's crucial to comprehend where a firm is in its life cycle.
The rate of growth that a business can anticipate experiencing over the long term is known as the sustainable growth rate. The sustainable growth rate, often known as G, is derived by dividing the return on equity by the profits retention rate of a business. To find the company's average growth rate since its founding, the growth rate can be determined historically and averaged.
Return on equity is equal to 0.045 x 1.60 x (1.0 + 0.60) = 0.1152.
Sustainable growth =[0.1152 (1-0.15)]/[.1152 (1-0.15)]
= 10.85 percent.
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When the interest is compounded more than once per year which interest rate should be used when finding the time value of money?a. nominal annual rateb. annual percentage ratec. simple interest rated. periodic rate
When the interest is compounded more than once per year periodic rate interest rate should be used when finding the time value of money .
How much does monthly interest cost?
The usual method for calculating interest on a daily periodic rate is to multiply the rate by the balance due at the end of each day. The amount of interest is compounded everyday since it is added to the balance from the previous day after it has been calculated.
What are nominal and periodic interest rates?
By multiplying the periodic interest rate by the number of periods in a year, you may get the nominal interest rate. For instance, a nominal annual interest rate of 12% calculated via monthly compounding equates to a 1% interest rate each month (compounded).
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gerritt wants to buy a car that costs $30,000. the interest rate on his loan is 5.59 percent compounded monthly and the loan is for 7 years. what are his monthly payments? multiple choice
Gerrett's monthly payment on the loan would be roughly $450.63.
To calculate the monthly payments, you need to determine the total amount of the loan and the total number of payments over the loan term, and then use those values to calculate the monthly payment amount.
The formula for monthly payment (M) is given by:
M = P * [tex](r(1 + r)^n)[/tex] / [tex]((1 + r)^n - 1)[/tex]
where:
P = $30,000 (the amount of the loan)
r = 5.59 / 100 / 12 (the monthly interest rate, converted to decimal form)
n = 12 * 7 (the number of payments over 7 years, with 12 payments per year)
Plugging in the values into the formula, you get:
M = $30,000 *[tex](0.00459(1 + 0.00459)^(12 * 7))[/tex] /[tex]((1 + 0.00459)^(12 * 7) - 1)[/tex]
= $450.63.
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business has become a unified, global field, and events and ideas that influence organizations in one country are likely to influence organizations in other countries as well. group of answer choices false true
The business has become a unified, global field, and events and ideas that influence organizations in one country are likely to influence organizations in other countries as well. This statement is true.
A business is illustrated as an organization or enterprising commodity involved in retail, industrial, or professional exercises. Businesses can be for-profit entities or non-profit associations. Businesses can be for-profit commodities or non-profit enterprises. Business types span from limited liability companies to sole proprietorships, corporations, and associations. Some businesses operate as small operations in a single initiative while others are big operations that circulate across many enterprises around the globe.
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lucinda is an active member of the local chapter of the national association of realtors. she therefore can keep up with the latest industry and consumer trends that can help her company achieve its goals. which organizational citizenship behavior does this demonstrate?
Lucinda's active membership in the local chapter of the National Association of Realtors and her efforts to stay informed about industry and consumer trends demonstrate the organizational citizenship behavior of "Professionalism."
Organizational citizenship behaviours are defined as employee voluntary acts that support the efficient operation of the company even if they are not required by their formal work duties. One such behaviour is professionalism, which calls on workers to approach their job in a proactive and responsible manner, continually seek to advance their knowledge and abilities, and demonstrate a commitment to the objectives and core principles of the company. Lucinda is proving her dedication to both professional brilliance and the success of her business by keeping up with current market trends, which makes her an invaluable addition to the firm. In an organisation or business, organisational citizenship conduct refers to a person's voluntary commitment that is apart from his contractual obligations. Since the late 1970s, organisational citizenship behaviour has been researched.
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labor unions use financial statements of a company to?
A Labor union needs access to a company's financial information to evaluate its ability to provide wages and benefits to the union members it represents.
What are Labor unions?Trade unions or labor unions are associations founded by employees in similar professions to further the interests of their constituents.
They assist employees with matters such as benefits, acceptable working conditions, hours of work, and pay equity.
A labor union is an organization created by employees to bargain for improved worker rights, such as higher wages, safer working conditions, and better benefits.
A labor union appoints representatives to speak with the employer on its behalf.
To assess a company's capacity to provide wages and benefits to the union members it represents, a union needs access to its financial data.
Therefore, a union needs access to a company's financial information to evaluate its ability to provide wages and benefits to the union members it represents.
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1) Nuru Meda Golf and Driving Range plc was opened on March 1 by Nuru. The following selected events and transactions occurred during March.
Mar. 1 Invested Br.120,000 cash in the business in exchange for ordinary shares.
3 Purchased Mechare Meda’s Golf Land for Br. 76,000 cash. The price consists of land Br. 20,000, building Br. 44,000, and equipment Br. 12,000. (Make one compound entry.)
5 Advertised the opening of the driving range and miniature golf course, paying advertising expenses of Br. 3,200.
6 Paid cash Br. 2,480 for a 1-year insurance policy.
10 Purchased golf equipment for Br.5,000 from Young Company, payable in
30 days.
18 Received golf fees of Br.2,400 in cash.
25 Declared and paid a Br.2,000 cash dividend.
30 Paid salaries and wages of Br.1,800.
30 Paid Young Company in full.
31 Received Br. 1,500 of fees in cash.
Snyder uses the following accounts: Cash, Prepaid Insurance, Land, Buildings, Equipment, Accounts Payable, Share Capital—Ordinary, Dividends, Service Revenue, Advertising Expense, and Salaries and Wages Expense.
Instructions
● Journalize the March transactions.
If Nuru Meda Golf and Driving Range plc was opened on March 1 by Nuru. The appropriate journal entries to record investment by nuru is: Debit: Share Capital—Ordinary, 120,000, Credit: Cash, 120,000.
What is journal entry?Journal entry is used by companies or organization to post their day to day business transactions are:
Journalize the March transactions.
Investment by Nuru:
Debit: Share Capital—Ordinary, 120,000
Credit: Cash, 120,000
Purchase of Golf Land:
Debit: Land, 20,000
Debit: Buildings, 44,000
Debit: Equipment, 12,000
Credit: Cash, 76,000
Advertising Expense:
Debit: Advertising Expense, 3,200
Credit: Cash, 3,200
Insurance Premium:
Debit: Prepaid Insurance, 2,480
Credit: Cash, 2,480
Accounts Payable:
Debit: Equipment, 5,000
Credit: Accounts Payable, 5,000
Service Revenue:
Debit: Service Revenue, 2,400
Credit: Cash, 2,400
Dividends:
Debit: Dividends, 2,000
Credit: Cash, 2,000
Salaries and Wages Expense:
Debit: Salaries and Wages Expense, 1,800
Credit: Cash, 1,800
Payment to Young Company:
Debit: Cash, 5,000
Credit: Accounts Payable, 5,000
Service Revenue:
Debit: Service Revenue, 1,500
Credit: Cash, 1,500
Therefore the journal entries to record investment by nuru is: Debit: Share Capital—Ordinary, 120,000, Credit: Cash, 120,000.
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betty's manager is wondering why she needs to spend time on her new app campaign, since machine learning helps to automate a significant amount of the campaign. what are three things betty can do to guide the campaign? (choose three.)
By establishing a careful bid and budget, set beneficial constraints for the system to operate inside. Give the system enough time and significant data to process it, as well as Keep an eye on your plan and goals, and make any necessary adjustments as time goes on.
Explaining a budget?
The term "budget" refers to a financial plan that projects future earnings and expenses. Simply expressed, a budget accounts for both anticipated income and expenses as well as future saving and spending.
A budget, or container of records and accounts, is said to be "opened" by the British chancellor of the Exchequer when he presents his yearly financial statement.
Which three types of budgets are there?
Surplus, Balanced, and Deficit Budgets are the three types of annual government budgets based on estimates. It is referred to as a balanced budget when the revenues are larger than or equal to the expenses.
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Cost of raw materials is debited to Raw Materials Inventory when the:
A. materials are put into production.
B. bill for the materials is paid.
C. materials are ordered.
D. materials are received.
D. materials are received. When raw materials are acquired, the cost is deducted from the Raw Materials Inventory account. This is a standard accounting procedure.
The goal is to appropriately record the cost of the raw materials utilized in the manufacturing process. The cost of the raw materials is recorded as an increase in the Raw Materials Inventory account when they are received. This improves the company's asset balance and accurately reflects the cost of resources available for use in manufacturing. When raw materials are employed in the manufacturing process, the cost of the materials is moved from the Raw Materials Inventory account to the Work-in-Process Inventory account, indicating the transformation of raw materials into partially produced goods.
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To determine the standard direct materials cost per bar of chocolate, we need to calculate the total cost of the primary materials used in producing a batch of chocolate bars and then divide it by the number of bars in the batch.Let's calculate the cost of each ingredient:
1. Cocoa:
- Quantity: 420 lbs
- Price: $0.30 per lb
- Total cost of cocoa = Quantity × Price = 420 lbs × $0.30 per lb = $126
2. Sugar:
- Quantity: 120 lbs
- Price: $0.60 per lb
- Total cost of sugar = Quantity × Price = 120 lbs × $0.60 per lb = $72
3. Milk:
- Quantity: 90 gal
- Price: $1.20 per gal
- Total cost of milk = Quantity × Price = 90 gal × $1.20 per gal = $108
Now, let's calculate the total cost of the batch of chocolate bars:
Total cost of the batch = Total cost of cocoa + Total cost of sugar + Total cost of milk
Total cost of the batch = $126 + $72 + $108 = $306
Since the batch consists of 2,040 bars, we can now determine the standard direct materials cost per bar of chocolate:Standard direct materials cost per bar = Total cost of the batch / Number of bars in the batch
Standard direct materials cost per bar = $306 / 2,040 bars ≈ $0.15 (rounded to the nearest cent)Therefore, the standard direct materials cost per bar of chocolate is approximately $0.15.
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Label the part (please and thank you)
The name of the parts highlighted on a Microsoft Excel Workbook are:
Users of Microsoft Excel can discover patterns and arrange and classify data into useful categories.
Excel can also assist organizations in better comprehending the structure and activities of their personnel by categorizing worked hours and arranging employee profiles and budgets.
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peralta inc.'s retained earning balance on december 31, 2022 was $87,500. for the year ended december 31, 2022, peralta inc. reported net income of $12,200. during 2022, the corporation paid a $1,500 dividend to its sole shareholder, jake. what was peralta inc.'s balance in retained earnings on january 1, 2022?
Retained income is the residual cost of a corporation after its charges have been paid and dividends issued to shareholders. Retained profits represents the quantity of value a agency has "saved up" each year as unspent net income.
How to calculate retained earning?The retained profits are calculated with the aid of including net profits to (or subtracting net losses from) the previous term's retained profits and then subtracting any internet dividend(s) paid to the shareholders. The discern is calculated at the stop of each accounting length (monthly/quarterly/annually).
Correct the commencing retained income balance, which is the ending stability from the prior period. Record a simple "deduct" or "correction" entry to exhibit the adjustment.
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brainly.com/question/25631040#SPJ4at the beginning of year 1, valerie corp. purchases equipment for $10,000. the equipment has a residual value of $4,000 and an expected useful life of 4 years. what is straight-line depreciation expense for year 1?
Option c is correct. The normal balance of accumulated depreciation is a debit. If a fixed asset with a book value of $1000 is exchanged for a similar fixed asset and the seller accepts a $15,000 trade-in, the buyer reports a gain on disposal of the $5,000 fixed asset.
Extending the useful life of an asset reduces depreciation expense. Also, increased residual value reduces asset depreciation. This extends the useful life of the company and reduces the annual depreciation expense, thus increasing the net profit.
To record exhaustion, the exhaustion cost is debited and the cumulative exhaustion is credited. Jones Corporation buys the land with his $300,000. Jones Incorporated
When an item of property, plant and equipment is acquired in exchange for another asset, or a portion thereof, the cost of the acquired asset must be recognized at either the fair value or the net carrying amount of the relinquished asset. shall be adjusted for settlement payments or receipt of cash or other consideration.
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The complete question is:
At the beginning of year 1, Valerie Corp. purchases equipment for $10,000. The equipment has a residual value of $4,000 and an expected service life of 4 years. What is the straight-line depreciation for year 1? a. $1,500 b. $6,000 c. $1,000 d. $4,000
which aspect of international business convinced leon sullivan to lead the way in eliminating apartheid in south africa?
The aspects of ethics of international business convinced Leon Sullivan to lead the way in eliminating apartheid in South Africa.
What are ethics in business?Business ethics influence a company's ideals, objectives, and day-to-day operations. Honesty, integrity, fairness, reliability, trustworthiness, responsibility, and respect for others are just a few of the values that guide an ethical business. Business ethics, by definition, relates to the norms for ethically correct and wrong behavior in the workplace.
Law determines behavior in part, but "legal" and "ethical" are not always synonymous. By defining permissible practices outside of the purview of the state, business ethics strengthen the law. A company that lacks solid ethics risks breaking the law, falling into financial trouble, and facing unethical situations.
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The "normal" underlying level of unemployment in the economy is:
The total of structural unemployment and frictional unemployment represents the "typical" underlying level of unemployment in the economy.
What elements affect unemployment?The demand side, or employers, and the supply side, or the employees, are both impacted by a number of factors that lead to unemployment. Demand may be affected by high interest rates, a global economy that is in a recession, and the financial crisis. Two important supply-side contributions are structural employment and frictional unemployment.
What are the top three causes of unemployment?What Causes Unemployment Typically? The reasons for unemployment are numerous. These include economic downturns, depressions, technological advancements, job outsourcing, and voluntarily changing jobs.
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each department may employ many employees but not more than 100. each employee may be assigned to many departments. the number of departments to which an employee is assigned is limited to three. when developing a solution, specify if an employee may be assigned to the same department multiple times or not, and explain how your solution reflects it.
In this scenario, an employee may not be assigned to the same department multiple times. This can be reflected in the solution by implementing a unique constraint on the employee and department relationship in a database.
This would ensure that a given employee is only assigned to a department once and would prevent the assignment of the same employee to the same department multiple times. One way to implement this constraint is by using a many-to-many relationship between the employee and department tables, with an intermediate table (also known as a join table) that contains the employee and department foreign keys. The join table would have a unique constraint on the combination of employee and department foreign keys, which would enforce the rule that an employee can only be assigned to a department once.
Alternatively, the solution could use a one-to-many relationship between the employee and department tables, with the employee table containing a column that lists the departments to which the employee is assigned. This column would have a unique constraint, which would enforce the rule that an employee can only be assigned to a department once.
Regardless of the implementation method, the solution should clearly reflect the rule that an employee may not be assigned to the same department multiple times. This ensures that the data is consistent and accurate, and that the solution accurately reflects the constraints and requirements of the problem.
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given that sandy can produce 10 economics reports or 2 sales calls and tim can produce 2 economics reports or 1 sales call, which of the following would not be a mutually agreeable terms of trade for sandy and tim? group of answer choices 1 sales call for 3 economics reports 1 sales call for 4 economics reports 1 economics report for 1 sales call 1 economics report for 1/4 of a sales call
The correct answer is : 1 economics report for 1 sales call .
The required details about sales call is mentioned in below paragraph.
A sales call is a scheduled in-person encounter between a salesman and a potential customer with the intention of closing a deal. These encounters are very important because they are the sole opportunity to share information about the product or service being sold and make a favorable impression on a prospect.
The sales process in 7 steps
Prospecting.
Preparation.
Approach.
Presentation.
handling dissent.
Closing.
Follow-up.
A sales call is a scheduled in-person encounter between a salesman and a potential customer with the intention of closing a deal. These encounters are very important because they are the sole opportunity to share information about the product or service being sold and make a favorable impression on a prospect.
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What are your options if the career you are interested in has a poor outlook?
Consider a related career field that has a better outlook, pursuing an advanced degree in the field and specializing in a more in-demand area,Consider switching to an entirely new career field with a better outlook.
What is the degree ?The degree is a type of academic qualification awarded by higher education institutions. It is usually awarded after completing a course of study, which typically lasts three to four years. Degrees are awarded in a range of academic disciplines, including arts, sciences, business, and engineering. A degree is typically a prerequisite for further study or entry into a profession. The degree is seen as a mark of accomplishment, and can help to open up career opportunities. It is also seen as a status symbol, and may be seen as a sign of prestige or social standing.
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received deduction of $23,500 in computing its current-year taxable income. book equivalent of taxable income is:
The Tuna Corporation also subtracted dividends from its taxable income and received a deduction of $15000.
The book equivalent of taxable income is a way to calculate the taxable income of a company by taking into account various financial transactions and deductions.
In this case, the Tuna Corporation reported a pretax book income of $1000000. The book equivalent of taxable income is different from the actual taxable income as there are several factors that need to be considered.
The net reserve for warranties increased by $25000, which is a reserve set aside to cover future warranty claims. This increase in the net reserve reduces the company's taxable income as it is a tax-deductible expense.
Book depreciation exceeded tax depreciation by $10000, which means that the amount of depreciation taken for tax purposes is lower than the amount of depreciation taken for book purposes.
This difference between book depreciation and tax depreciation reduces the taxable income.
Dividends are the payments made by a corporation to its shareholders, and these payments are tax-deductible for the company.
Complete Question:
Tuna corporation reported pretax book income of $1000000. During the current year, the net reserve for warranties increased by $25000. In addition, book depreciation exceeded tax depreciation by $10000. Finally, Tuna subtracted a dividends received deduction of $15000 in computing its current year taxable income. Book equivalent of taxable income is:
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the moskowitz family is buying a house for $385,000. they have a down payment of $110,000 and would like to borrow the rest to buy the house. they qualified for an annual interest rate of 3%. algebraically determine the fewest number of whole years the moskowitz family would need to include in the mortgage agreement in order to have a monthly payment of no more than $1500.
The total amount they would like to borrow is $385,000 - $110,000 = $275,000.Let's call the number of years the Moskowitz family would like to have in the mortgage agreement as "n".
Using the formula for the monthly payment of a mortgage, we can calculate the monthly payment:
[tex]M = P * (r * (1 + r)^n) / ((1 + r)^n - 1)[/tex]
where:
M = monthly payment
P = total amount borrowed ($275,000)
r = annual interest rate divided by 12 (3% ÷ 12 = 0.0025)
Solving for n, we have:
[tex]n > = log(M / (M - rP)) / log(1 + r)[/tex]
Plugging in the values, we have:
[tex]n > = log($1500 / ($1500 - 0.0025 * $275,000)) / log(1 + 0.0025)[/tex]
Using a calculator or spreadsheet, we find that n is approximately 32.65 years. Since the number of years must be a whole number, we round up to the nearest whole number, which is 33 years.
So, the Moskowitz family would need to include at least 33 years in the mortgage agreement in order to have a monthly payment of no more than $1500.
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