Business High School
Answers
Answer 1
To calculate the Modified Internal Rate of Return (MIRR) for each project, we first need to calculate the future value of the cash flows (FV) and the present value of the cash flows (PV) using the cost of capital (r) as the discount rate.
Modified Internal Rate of Return (MIRR) is a financial metric used to evaluate the attractiveness of an investment or project. It is similar to the traditional Internal Rate of Return (IRR) but addresses some of its limitations.MIRR is also designed to handle non-conventional cash flows such as negative cash flows from a project.It is calculated by finding the discount rate that makes the net present value (NPV) of the future cash flows from a project equal to zero. It is usually expressed as a percentage and the higher the MIRR, the more attractive the investment or project is considered to be.
Project X:
FV = (1,000 x (1 + 14%)^1) + (1,500 x (1 + 14%)^2) + (2,000 x (1 + 14%)^3) + (4,000 x (1 + 14%)^4) = $6,965.91
PV = -$5,000 + ($6,965.91 / (1 + 14%)^4) = -$5,000 + $4,846.73 = -$166.27
MIRR = (FV / -$166.27)^(1/4) - 1 = 14.19%
Project Y:
FV = (4,500 x (1 + 14%)^1) + (1,500 x (1 + 14%)^2) + (1,000 x (1 + 14%)^3) + (500 x (1 + 14%)^4) = $8,099.98
PV = -$5,000 + ($8,099.98 / (1 + 14%)^4) = -$5,000 + $6,189.61 = $1,189.61
MIRR = (FV / $1,189.61)^(1/4) - 1 = 16.89%
Therefore, Project Y has the higher MIRR of 16.89%. Based on this, we would recommend Project Y as it provides a higher return on investment.
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Related Questions
which statement best supports the claim that greater uniformity replaces diversity in the context of global markets?
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As rival global firms follow each other across countries, they bring with them their brand names, products, and marketing strategies from other national markets, thus creating hom*ogeneity across markets correctly explains that greater uniformity replaces diversity in the global markets.
The term "globalization" is used to describe how trade and technology have increased connectivity and interdependence around the world. It can be visualised as the strands of a massive spider web that has grown in size and reach over thousands of years. In the modern era, more people and more things have travelled these silky strands than ever before, and they have done so more quickly and in greater quantities. Greater uniformity has replaced diversity in national markets as a result of globalization. As businesses collaborate globally, they bring many of the assets that helped them succeed in other national markets. Greater diversity thus takes the place of consistency. And greater uniformity replaced diversity in the global markets.
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What is a price ceiling in economics?
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In economics a price ceiling prevents prices from increasing above a specific amount.
A price ceiling is the established upper limit on what a seller is allowed to charge for a good or service. When necessities like food and electricity become unaffordable for the average consumer, price caps are frequently enforced. Usually, price caps are established by law. A price cap is essentially a type of pricing control. Price limitations can be helpful in temporarily lowering the cost of needs. The long-term benefit of such ceilings is a matter of contention among economists. A price cap's ineffective side consequence is deadweight loss. The government imposes a price restriction to protect consumers even if deadweight loss occurs.
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1. Assume that you are Weiss. How many viable alternatives transportation would increase the transport time do you have to consider regarding the initial shipment of necessary by three days to Hamburg 25 buses? 2. Which of the routing alternatives would you recommend to meet the initial 90-day deadline for the 25-bus shipment Train or waterway? To which port(s)? What would it cost? 3. What additional information would be helpful for .DAP (Delivered at Place). The seller clears the goods for export and bears all risks and costs associated with delivering the goods to the named place of destination not unloaded. The buyer is responsible for all costs and risks associated with unloading the goods and clearing answering Question 2? 4. How important, in fact, are the transport costs for the customs to import goods into the named country of initial shipment of 25 buses? destination. DDP (Delivered Duty Paid). The seller bears all risks and costs associated with delivering the goods to the named place of destination ready for unloading and 5. what kinds of customer service support must be provided for this initial shipment of 25 buses? Who is responsible? 6. The Brazilian buyer wants the buses delivered at Santos. Weiss looks up the International Chamber of Commerce's Incoterms and finds three categories of "delivered" terms: DAT (Delivered at Terminal). In this type of transac- tion, the seller clears the goods for export and bears all risks and costs associated with delivering the goods and unloading them at the terminal at the named port or . clearing for import. How should he choose? Why? 7. Would you make the same routing recommendation for the second, larger (199 buses) component of the order after the initial 90-day deadline is met? Why or why not? 8. How important, if at all, is it for N.A.M. to ship via water to show its support of the European Union's Motorways of the place of destination. The buyer is responsible for all costs and risks from this point forward including clearing the Seas concept? goods for import at the named chuntry of destination.
Answers
I would consider alternatives like air cargo, rail transport, and sea freight. Each option has its own advantages and disadvantages in terms of speed, cost, and reliability.
For example, air cargo is the fastest option but also the most expensive, while sea freight is the slowest but often the most cost-effective. In choosing the best alternative, I would consider factors such as the urgency of the shipment, the size and weight of the cargo, and the destination, among others. I would consider alternatives like air cargo, rail transport, and sea freight. Each option has its own advantages and disadvantages in terms of speed, cost, and reliability. Ultimately, the goal is to find the most efficient and cost-effective solution that meets the needs of the shipment and allows us to deliver the necessary goods to Hamburg within the desired timeframe of three days.
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When computing the opportunity cost of attending a concert you should include?
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You should include the cost of the concert ticket, transportation, and any other related expenses when calculating the opportunity cost of attending a concert Furthermore.
the opportunity cost refers to the value of the next best alternative use of your time and resources, such as working, studying, or spending time with friends and family, that you would have to forego in order to attend the concert. These ideas help to explain individual, corporation, and government market behavior, as well as how they interact with one another. By forecasting future economic events and trends, economists can help guide decision-making and policy development in areas such as business strategy, government spending and taxation, and household budgeting. The goal of new product development.
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If you wanted to know what rate of return stocks have provided in the past, you could examine data on the Dow Jones Industrial Index, the S&P 500 Index, or the NASDAQ Index.
True
False
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It is true that If you wanted to know what rate of return stocks have provided in the past, you could examine data on the Dow Jones Industrial Index, the S&P 500 Index, or the NASDAQ Index. The correct option is a.
What is an Index?
An index is a method to track the performance of a group of assets in a standardized way. Indexes typically measure the performance of a basket of securities intended to replicate a certain area of the market. These could be constructed as a broad-based index that captures the entire market, such as the Standard & Poor's 500 Index or Dow Jones Industrial Average.
More specialized such as indexes that track a particular industry or segment such as the Russell 2000 Index, which tracks only small-cap stocks.
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After developing the spreadsheet, Use the Seal Point Surfwear Spreadsheet Model to Answer the following questions: 1. What MOQ would produce the same total relevant costs for the two alternatives? (Hint: use Goal Seek.) Is this useful information? Explain. 2. If the supplier insists on 1,000 units for the MOQ, what discount price should Milo try to negotiate? 3. Does increasing the MOQ always increase the inventory carrying costs? 4. What is the effect of the order quantity on annual ordering cost, annual holding cost, and annual purchasing cost? 5. Create an "XY scatter chart" like the one shown in Figure 2, which will automatically update whenever new values are entered in the input section of the worksheet. Hint: First create a data table showing how TOC, TCC, and (TOC+TCC) vary with AOQ. Then select the table and use Excel's chart wizard button (shown below) to create the chart. 6. Which would you rather have: a reduction in the MOQ or a reduction in the price? Why? 7. (Additional question for extra credit of 0.5 pt): In Q1 and Q2, you have found the break-even MOQ given the discount (1%) and the break-even discount given MOQ (1000 units). In reality, you usually can negotiate a pair of MOQ and discount. Can you construct a table that provides acceptable combination of MOQ and discount (and corresponding savings) to help Milo with negotiation?
Answers
The effect of the order quantity on annual ordering cost, annual holding cost, and annual purchasing cost The economic production quantity model, which offers the optimal production quantity.
May be created using a similar line of thinking, and the economic order interval[8] can be found from the EOQ.The model's Baumol-Tobin variation has also been used to estimate the money demand function, which compares an individual's annual ordering cost cash holdings to a business's inventory holdings.The multi-criteria EOQ models were first developed by Malakooti (2013)[10], where the criteria might include minimising the overall cost, order quantity (inventory), and shortages.Quantity discounts must be accounted for in the EOQ model. Incremental quantity discounts and all-unit discounts are the two most common types. [2] [3] Here is an example using numbers:Prices for units one through one hundred are gradually reduced.
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What Accounts Receivable (AR) Are and How Businesses Use Them, with Examples?
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Accounts Receivable (AR) refers to the amount a business is owed by its customers for goods or services that have been sold but not yet paid for. Accounts Receivable is considered an asset for a business and is commonly listed on a company's balance sheet.
Businesses use accounts receivable as a way to finance their operations. For example, a business may sell goods or services on credit, allowing customers to pay at a later date. The amount owed by customers is recorded as accounts receivable until it is collected. This provides the business with a source of short-term financing, as they can use the accounts receivable as collateral to obtain loans or use it to fund operations until the customers pay their debts.
For example, let's say a grocery store sells $100 worth of groceries to a customer and allows the customer to pay at a later date. The store would record the $100 as accounts receivable on their balance sheet until the customer pays the debt. This allows the store to use the $100 as a source of short-term financing until the customer pays the debt.
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on what days of the week is it possible for the lion to make both of the following two statements? (again, explain.) (a) i lied yesterday. (b) i will lie tomorrow
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The second half is a falsehood then, while the first portion is true just on Thursday (Sunday is not a lying day of the Lion). Therefore, the entire sentence cannot be accurate (at least one part is not true). Therefore, the statement may have been made by the Lion on Monday, Tuesday, or even Wednesday.
On Monday, Tuesday, or Wednesday, the lion tells lies, but on the other days, he speaks the truth. Therefore, the statement may have been made by the Lion on Monday, Tuesday, or even Wednesday. The unicorn talks the truth other days but lies on Thursdays, Friday, and Saturday. The lion confesses to Alice that he lied to her yesterday. So was I, the unicorn said in response. Lion will not really lie, so when it claimed that it didn't on Thursday, it was being truthful. during Thursday. Unicorn lies, thus when it claimed something.
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Edith is the owner and manager of a small coffee shop that employs three workers who use the shop’s one coffee machine to make and serve coffee to paying customers. business has begun to pick up; lines are getting longer every day in her shop. on a busy morning, she sees her baristas scrambling to take orders, get cups, fill coffee from the coffee machine, add cream and sugar, and serve customers in a timely manner. she figures if she hires three more baristas she’ll be able to sell twice as much coffee.Do you think she's likely to be right? Why or why not?
Answers
Owning and operating a tiny coffee shop is Edith. The coffee shop has three people working there. In the shop, there is just one coffee maker.
What does operating mean in its entirety?
performance of a practical task or of something requiring the use of concepts or procedures in practice. You should practice until you can do the procedure without pausing or thinking. a showing of influence or authority. the way a medicine works. the quality or condition of functioning or being active. to perform an activity, bring about an outcome, or induce something to perform To improve the efficiency of the department, changes are being made.
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1. The first footnote for DoorDash, Inc. tells us about the business. We studied four economic entities in Chapter 1 . Which of those describes DoorDash? How do you know?
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As per the first footnote to Financial statements of Door Dash Inc. Door Dash is incorporated in Delaware with headquarters in San Francisco, California.
When a firm files a financial statement, it may also include additional information about its financial situation in footnotes to the financial statements. The data and accounts in the financial statements of the company are explained in the footnotes, which are also known as supplemental notes. Examples could be unanticipated variations from the prior year, mandatory disclosures, revised numbers, accounting policies, etc. Footnotes could also include noteworthy upcoming events that are anticipated to have a big impact on the company's future. There are no requirements for clarity or conciseness, despite the fact that footnotes are a necessary component of every financial statement. To reduce the chance of being sued, financial management must share information "above the legal minimum."
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To produce 100 bushels of wheat, Farmer A requires fewer inputs than does Farmer B. We can conclude that Farmer A has an absolute advantage over Farmer B in producing wheat.a. Trueb. False
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Answer: true
Explanation:
a. Retrieving from memory to make Judgments and decisions b. Storing in memory c. Selective attention d. Interpretation and evaluation
Match each of the options above to the items below. 1. Sebastian was never aware of any racial discrimination happening in his workplace. However, a few months ago Sebastian felt strongly that he was the victim of racial discrimination at work, and now he notices it happening to others in the office as well 2. Hadya sees that her boss has been working behind a closed door all week. This is atypical because his door is usually open Hadya wonders of her boss is avoiding the employees on purpose because he has something negative to tell them. 3. Connor doesn't normally remember the details of each meeting in his department, but he won't likely forget last week's meeting because of a very heated exchange he had with a coworker. 4. One of Janelle's employees filed a complaint against her with senior leadership regarding a particular exchange between the employee and Janelle. The executive team asks Jonelle to attend an informal deposition where they ask her to provide her recollection of what happened in the exchange between her and the employee on the day in question.
Answers
Leadership development is an ongoing process, and leaders must continuously improve and evolve to meet the changing needs of the organization and its employee. This can include training and coaching, self-reflection, and seeking feedback from others.
a. Using memory to form judgments and decisions: 4. One of Janelle's employees complained to high management about a specific discussion between the employee and Janelle. The executive team invites Jonelle to an informal deposition in which they request her recall of what occurred during the interaction between her and the employee on the day in issue.
b. 3. Connor doesn't generally recall the specifics of each meeting in his department, but he won't forget last week's session due to a heated encounter he had with a colleague.
c. Selective attention: Hadya notices her boss has been working behind closed doors all week. This is unusual because his door is generally left open. Hadya worries whether her employer is deliberately avoiding the staff because he has something terrible to tell them.
d. Interpretation and evaluation: 1. Sebastian was unaware of any racial prejudice at work. However, Sebastian felt very strongly a few months earlier that he was the subject of racial prejudice at work, and he now observes it occurring to others in the office as well.
Leadership is a critical aspect of organizational and personal success. It involves the ability of an individual to influence and guide others towards a common goal or vision. Effective leadership can have a positive impact on an organization, its employees, and its stakeholders.
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in using accounting ratios to appraise a firm’s performance, it is helpful to use:
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in using accounting ratios to appraise a firm’s performance, it is helpful to use: Benchmarks, Trends in these ratios over the past 5 years of more and Multiple indicators.
Ratio analysis is a statistical technique for analyzing a company's income statement and balance sheet to discover more about its profitability, efficiency, and liquidity. Fundamental equities research is built on ratio analysis.
What Does It Tell You, Based on Ratio Analysis?
Investors and analysts use ratio analysis to determine the financial health of a firm by carefully studying both historical and current financial statements. Comparative data can be used to forecast future performance by demonstrating how a business has performed over time. This data can be used to evaluate how a business stacks up against competitors in its sector and to compare its financial performance to sector averages.
The financial statements of a company contain all the information needed to calculate the ratios, making it simple for investors to apply this method.
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which of the following are true about a partial amortization loan? multiple select question. the monthly payments do not fully pay off the loan by the end of the loan period. the borrower makes a large balloon payment at the end of the loan period. the monthly payment is based on a longer amortization period than the maturity of the loan. the amortization period is shorter than the loan period. the amortization period is longer than the loan period.
Answers
The following are true about a partial amortization loan:
-the monthly payments do not fully pay off the loan by the end of the loan period.
-the borrower makes a large balloon payment at the end of the loan period.
-the monthly payment is based on a longer amortization period than the maturity of the loan.
-the amortization period is shorter than the loan period. the amortization period is longer than the loan period.
The term "amortisation" refers to a procedure or accounting approach that divides the loan amount into a string of regular, recurring instalments. As the debt is repaid in instalments, it periodically or gradually decreases the book value of the loan. With an amortised loan, a significant amount of each month's payment goes toward interest because of the increase of high-interest rates over the principal, is the statement that, according to the question, makes a truthful claim.
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when a company has weaknesses relative to competitors among strategically important resources and capabilities, the appropriate strategic response is to:when a company has weaknesses relative to competitors among strategically important resources and capabilities, the appropriate strategic response is to:
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The appropriate strategic response that company should do is c. Outsource those activities where third parties can offer superior capabilities while positioning the business to reduce vulnerable to remaining weaknesses.
In economic and business, Strategic management generally can be defined as the ongoing planning, assessment, monitoring, and also analysis of all necessities an organization needs to meet its goals and objectives. A strategic management is needed for a company or organization because it is important through the continuity of company. Organizations are constantly assess their strategies for success by changes in business environments.
When a company has weaknesses relative to competitors among strategically important resources and capabilities, the appropriate strategic response is to:
a. Invest heavy in order to upgrade weaknesses.
b. Diversify in order to find new areas of business where these resources and capabilities are unimportant to competitive advantage.
c. Outsource those activities where third parties can offer superior capabilities while positioning the business to reduce vulnerable to remaining weaknesses.
d. Employ management consultants to seek a solution
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As part of her undergraduate education, Isabel would like to study the application of moral standards to business situations. Which academic discipline should she pursue to best fulfill this academic objective?
Business ethics
Law
Ethics
Economics
Answers
The application of ethical beliefs to business contexts is known as business ethics.
What exactly are business practices?
Implementing proper corporate policies and procedures with reference to arguably contentious matters is known to as practicing business ethics. Company law, market manipulation, bribery, discrimination, social duty, and fiduciary responsibilities are a few topics which come up in an ethical discussion.
Business ethics is a discipline that defines what is proper in the workplace and what is right and wrong. Business ethics are usually governed by regulations, and they prevent businesses and people from performing unethical behavior including insider trading, discrimination, or bribery.
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How does Dave Ramsey create a budget?
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Dave Ramsey is a personal finance expert and radio host who is well-known for his advice on budgeting and managing money. He has developed a specific method for creating a budget, known as the "cash envelope system."
The cash envelope system is based on the idea that it's easier to stick to a budget when you're physically handing over cash for expenses, rather than using a debit or credit card.
Dave Ramsey recommends dividing your budget into categories, such as groceries, entertainment, and gas. Then, you should withdraw cash from the bank for each category and put it into a labeled envelope. When the money in the envelope is gone, you know you've reached your budget for that category for the month.
To start creating a budget using Dave Ramsey's method, you should first take stock of your income and expenses. Make a list of all your income sources, including your salary or wages, any rental income, or any other sources of money you receive. Then, make a list of all your expenses, including rent or mortgage, utilities, transportation, and food.
Next, you will need to prioritize your expenses. Dave Ramsey recommends starting with the four "walls" of your budget: housing, utilities, transportation, and food. These are considered the most essential expenses and should be paid for first.
After that, you should allocate money for savings and debt repayment.
Once you've determined your income and expenses and prioritized your spending, you can begin to allocate your money into different categories.
Dave Ramsey suggests using the "50/30/20 rule" to guide your allocations: 50% of your budget should go towards necessities, 30% should go towards wants, and 20% should go towards savings and debt repayment.
Finally, you should track your spending throughout the month to make sure you're sticking to your budget. You can use a budgeting app or spreadsheet to keep track of how much money you've spent in each category. If you find that you're overspending in a certain category, you'll need to adjust your budget accordingly.
By following Dave Ramsey's cash envelope system and budgeting method, you'll be better able to manage your money and achieve your financial goals. It takes some discipline, but with practice, you'll be able to budget your money effectively and achieve financial stability.
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Identify the examples of laissez-faire economic doctrine during the late nineteenth century.
-federal subsidies, loans, and land grants for the building of the first transcontinental railroad
-Morrill Tariff
-low level of federal corporate taxes
Answers
The examples listed, such as federal subsidies, loans, and tariffs, involve government intervention and support in the economy, contradicting the principles of laissez-faire economics.
What is laissez-faire economics?
Laissez-faire economics is a political and economic doctrine that advocates for minimal government intervention in the economy. This means that the government should not interfere in the workings of the market, allowing market forces to determine the prices of goods and services.
Who are some of the key proponents of laissez-faire economics?
Some of the key proponents of laissez-faire economics include classical economists such as Adam Smith, Frédéric Bastiat, and Ludwig von Mises, as well as contemporary economists such as Milton Friedman and Friedrich Hayek.
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5. i am a private citizen from indiana. assume that i am outraged to hear on television that a particular clothing manufacturer in south carolina mistreats its workers, in apparent violation of us labor laws. can i properly sue the company? explain.
Answers
No, you cannot properly sue the company as a private citizen.
As a private citizen, you do not have standing to sue a company for alleged labor law violations unless you can show that you have been personally harmed by the company's actions.
You would need to have a direct and concrete injury that is traceable to the alleged conduct and that is likely to be redressed by the requested relief. Simply being outraged by the company's actions and feeling morally outraged is not enough to give you the legal standing to bring a lawsuit.
In short, you cannot properly sue the company as a private citizen.
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How do I check my Walmart MoneyCard balance?
Answers
You can send HELP to 96411 to check your balance. Another way to check your account balance is to log into your online account.
You can check your balance free of charge at any Walmart cash register, or by calling 1-866-633-9096 through the automated phone system. If you close your account, you will be able to view your statements and transaction history on Walmart Money Card, but you will not be able to access your account through the Walmart MoneyCard app. Still need help? For further assistance, please contact Customer Service at (877) 937-4098.
A Walmart MoneyCard is not a traditional checking account, but contains a sort code and account number. This feature is useful if you use your Walmart MoneyCard to make online purchases or pay bills online.
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Which of the following is considered a private university?
University of North Carolina
University of Notre Dame
University of Texas
University of Florida
Answers
Among the listed Universities the private university is
B. University of Notre Dame
What is a private university?
Institutions of higher learning, private universities and colleges are not run, owned, or institutionally sponsored by governments.
As the first public institution in the country, UNC-Chapel Hill is the place where generations of Tar Heels may connect through centuries-old customs and experiences.
On a suburban campus in Notre Dame, Indiana, the University of Notre Dame is a medium-sized private university. There are 8,874 undergraduate students enrolled in total, and the applications process is quite competitive with a 19% acceptance rate.
We can therefore say that the private university is the University of Notre Dame.
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Key resources describes the most important actions a company must take to operate successfully.
a. True
b. False
Answers
Key resources describe the most important actions a company must take to operate successfully. This statement is (A) true.
What Are Key Resources In A Company?
The given statement “key resources describe the most important actions a company must take to operate successfully” is true because key resources are the most important things a company must have to create a value proposition for a product that ends in creating demand for an item or services. Key Resources are the most important assets in a company in the form of machinery, labor, intellectuality, and also financial assets that are used by the company to be able to carry out all of its activities.
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you are the manager of a sandwich shop called buns-r-us, which has twelve employees. the corporate office has a very robust ethical code of conduct for employee behavior and has trained each employee on it. on a personal level, you disagree with some of the rules. and, because you are the manager, you choose not to follow them. when your employees see that you, as the manager, do not follow the rules, what’s the likely consequence?
Answers
The consequence that is most likely is they will likely not follow rules either when you are an employee.
What is an employee?
A person who has been hired by a company to do a certain duty is called an employee. The pay, working hours, and working conditions of employees are entirely under the control of their employers. Employees are given benefits that contractors are not given in exchange for. Contrary to contractors, who have more freedom than employees, an employer has total control over the tasks that employees complete and how they are carried out. The employee is selected as an employee after a hiring process that includes an interview and application process. The candidate is chosen by the company once they have determined that they are hiring for the post, and that the applicant is the best qualified candidate. The specifics of a person's employment may be stated in an employment contract, an offer letter, or verbally.
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clara is an above average learner; however, she has sickle cell anemia, which causes her to miss school frequently. clara does not meet the eligibility criteria under idea, but is still in need of accommodations. under which law may clara qualify for services under?
Answers
Clara may qualify for services under Section 504 of the Rehabilitation Act.
This law prohibits discrimination against individuals with disabilities in any program or activity that receives federal financial assistance. It also requires that reasonable accommodations be made for students with disabilities, regardless of whether they meet the eligibility criteria under IDEA.
In Clara's case, her sickle cell anemia may be considered a disability under Section 504, and accommodations may be made to help her with her frequent absences and ensure she has equal access to education.
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many firms are offering six-figure starting salaries to graduating seniors from top universities because
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To start, you need a bachelor's degree in computer science, engineering, mathematics, information technology, or a related field to make six figures in this business.
What are a few methods for making six figures?
The top three fields paying six figures are technology, engineering, and finance. Numerous industries also offer in-demand positions with quick job growth rates in addition to rewarding career options. This suggests that you will earn six figures while simultaneously having a secure employment.
Why is it that some jobs pay well while others don't?
The remuneration for occupations varies by employer and industry. Remuneration may vary from one employment context to another as a result of various working conditions, clients, and training requirements. job responsibilities Similar job descriptions are common among jobs in a given occupation, but the precise duties carried out may vary.
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Hannah garcia's monthly take-home pay is $2,255. Examine her monthly budget, and determine if she is in credit overload. Show your work or explain how you got your answer.
Answers
Answer: NO
Explanation: Hannah Garcia's monthly take-home pay = $2,255.
Her total monthly budget is :
Rent = $975
Utilities = $250
Car payment = $275
Credit card #1= $76
Credit card #2= $114
Savings = $200
Miscellaneous = $350
Now we will calculate the total of her monthly expenditure :
975 + 250 +275 + 76 + 114 + 200 + 350 = $2240
As this is given in the question that Hannah's monthly salary is $2,255 and her spending is $2,240 that is not exceeding from her salary. So she is not in credit overload.
What does it mean when a company is a Delaware corporation?
Answers
A Delaware corporation is a type of business structure that is formed in the state of Delaware, United States. This type of business structure is popular among companies because of the favorable legal and tax laws that Delaware has in place for corporations.
When a company is a Delaware corporation, it means that it has gone through a formal process of incorporation in the state of Delaware. This process involves filing articles of incorporation with the Delaware Secretary of State, which outlines the basic information about the company such as its name, purpose, number of shares, and initial directors.
Once the articles of incorporation are filed and approved, the company becomes a separate legal entity from its owners, which is known as incorporation. This means that the company can enter into contracts, sue or be sued, own property, and pay taxes as an independent entity.
One of the key advantages of being a Delaware corporation is the state's well-established corporate law. Delaware has a highly developed body of law that governs corporations, and it is well-respected by courts around the country. This means that Delaware corporations can have greater certainty in their legal affairs, as they have a clear understanding of their rights and responsibilities.
Another advantage of being a Delaware corporation is that the state has a favorable tax climate for corporations. Delaware does not have a corporate income tax, which means that corporations based in the state do not have to pay state taxes on their income. Additionally, Delaware corporations can also take advantage of other tax benefits such as reduced franchise tax rates and the ability to carry forward losses to offset future profits.
In conclusion, when a company is a Delaware corporation, it means that it has taken advantage of the favorable legal and tax laws that Delaware has in place for corporations. This can provide the company with greater legal certainty, a more favorable tax climate, and the ability to conduct business with greater flexibility and freedom.
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a company had a marketing firm in france test consumer attitude to various colors of their product by holding a focus group meeting in paris. this would result in:
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The answer is Foreign investment is the solution. By organizing a focus group meeting in Paris, a corporation hired a marketing organization in France to research consumer perceptions of several product colors. Foreign investment would result from this.
What do you consider marketing to be?
The process of developing, communicating, delivering, and exchanging products and services that are beneficial to customers, clients, partners, and society at large is known as marketing.
How is marketing done?
Promoting a company's supply of goods and services is the responsibility of marketers. Marketing experts commonly create and execute inbound and outbound advertising campaigns that increase brand recognition and employ sales methods to persuade customers to purchase from a firm.
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vegas company has the following unit costs: variable manufacturing overhead $ 25 direct materials 20 direct labor 19 fixed manufacturing overhead 12 variable marketing and administrative 7 vegas produced and sold 10,000 units. if the product sells for $100, what is the contribution margin? multiple choice $170,000 $240,000 $290,000 $360,000
Answers
The contribution margin would be $360,000. Contribution margin is calculated by subtracting the total variable costs from the total sales revenue, and is expressed as a percentage or dollar amount.
To calculate the contribution margin, we need to know the total variable costs per unit of production and the selling price per unit. The contribution margin is a measure of a company's profitability. It is the difference between the sales revenue and the variable costs of a product or service. It represents the amount of money that is available to cover fixed costs, such as rent, utilities, and salaries, and to provide a profit for the business.
The total variable costs per unit of production is the sum of the variable manufacturing overhead, direct materials, and direct labor costs, which is $25 + $20 + $19 = $64.
The selling price per unit is $100.
The contribution margin is the difference between the selling price per unit and the total variable costs per unit, which is $100 - $64 = $36.
If Vegas produced and sold 10,000 units, the total contribution margin would be $36 x 10,000 = $360,000
So the correct answer from the multiple choice options is $360,000
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What are the 3 main types of knives?
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Knives are an essential tool in the kitchen and are used for a variety of tasks, including cutting, chopping, and slicing food. There are many different types of knives available, but they can be broadly categorized into three main types: chef's knives, paring knives, and utility knives.
Chef's knives: Chef's knives are the most versatile knives in the kitchen and are often used for a wide range of tasks, from chopping vegetables to slicing meat. They typically have a long blade and a broad, curved cutting edge that allows for a rocking motion when slicing.Paring knives: Paring knives are smaller than chef's knives and are used for precise tasks such as peeling, trimming, and slicing small fruits and vegetables. They have a short, sharp blade that allows for precise control and manoeuvrability.Utility knives: Utility knives are larger than paring knives but smaller than chef's knives and are used for tasks such as slicing sandwiches and cutting medium-sized fruits and vegetables. They have a medium-length blade that is versatile and can be used for a variety of tasks.
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