Answers
Answer:
A salesman or saleswoman is a person whose job it is to sell goods or services within a specific territory, in a physical location, or over the phone.
Who typically foots the bill for a salesperson who works independently?
Independent contractors are in charge of covering their own income taxes as well as Social Security and Medicare. The hiring broker is not permitted to withhold any money from the earnings. A licensed real estate salesperson and broker agreed in writing that the salesperson is not an employee of the broker.
The broker for the listed salesperson earned the following sum:
$329,985 5% 60% = $9,899.55
The listing broker kept the following sum:
$9,899.55 30% = $2969.87 (rounded to the nearest cent).
Earnings of the salesperson:
$9,899.55 - $2,969.87 = $6,929.68.
Explanation:
Related Questions
The following were selected from among the transactions completed during the current year by Danix Co., an appliance wholesale company: Jan. 21 Sold merchandise on account to Black Tie Co., $29,400. The cost of merchandise sold was $17,640. Mar. 18 Accepted a 60-day, 6% note for $29,400 from Black Tie Co. on account. May 17 Received from Black Tie Co. the amount due on the note of March 18. June 15 Sold merchandise on account to Pioneer Co. for $15,700. The cost of merchandise sold was $9,420. 21 Loaned $6,000 cash to JR Stutts, receiving a 30-day, 8% note. 25 Received from Pioneer Co. the amount due on the invoice of June 15. July 21 Received the interest due from JR Stutts and a new 60-day, 9% note as a renewal of the loan of June 21. (Record both the debit and the credit to the notes receivable account.) Sept. 19 Received from JR Stutts the amount due on her note of July 21. 22 Sold merchandise on account to Wycoff Co., $60,000. The cost of merchandise sold was $36,000. Oct. 14 Accepted a 60-day, 6% note for $60,000 from Wycoff Co. on account. Nov. 13 Wycoff Co. dishonored the note dated October 14. Dec. 28 Received from Wycoff Co. the amount owed on the dishonored note, plus interest for 15 days at 12% computed on the maturity value of the note. Required: Journalize the entries to record the transactions. Assume 360 days in a year. If an amount box does not require an entry, leave it blank.Jan. 21-sale Jan. 21-cost Mar. 18 May 17 June 15-sale June 15-cost June 21 June 25 July 21 Sept. 19- note Sept. 22-sale Sept. 22-cost Oct. 14 Nov. 13 Dec. 28
Answers
The journal entries for the transactions by Danix co during the year, using a 360-day year are as follows:
Jan. 21 Debit Accounts Receivable (Black Tie Co.) $29,400
Credit Sales Revenue $29,400
Debit Cost of Goods Sold $17,640
Credit Inventory $17,640
Mar. 18 Debit Note Receivable (Black Tie Co.) $29,400
Credit Accounts Receivable (Black Tie Co.) $29,400
60-day, 6% note
May 17 Debit Cash $29,694
Credit Note Receivable (Black Tie Co.) $29,400
Credit Interest Revenue $294
June 15 Debit Accounts Receivable (Pioneer Co.) $15,700
Credit Sales Revenue $15,700
Debit Cost of Goods Sold $9,420
Credit Inventory $9,420
June 21 Debit 8% Note Receivable (JR Stutts) $6,000
Credit Cash $6,000
a 30-day, 8% note.
June 25 Debit Cash $15,700
Credit Accounts Receivable (Pioneer Co.) $15,700
July 21 Debit Cash $40
Credit Interest Revenue $40 ($6,000 x 8% x 30/360)
9% Note Receivable (JR Stutts) $6,000
Credit 8% Note Receivable (JR Stutts) $6,000
To record the exchange with a 60-day, 9% note.
Sept. 19 Debit Cash $6,090
Credit 9% Note Receivable (JR Stutts) $6,000
Credit Interest Revenue $90
($6,000 x 9% x 60/360)
Sept. 22 Debit Accounts Receivable (Wycoff Co.) $60,000
Credit Sales Revenue $60,000
Debit Cost of Goods Sold $36,000
Credit Inventory $36,000
Oct. 14 Debit 6% Note Receivable (Wycoff Co.) $60,000
Credit Accounts Receivable (Wycoff Co.) $60,000
Accepted a 60-day, 6%
Dec. 13 Debit Accounts Receivable (Wycoff Co.) $60,600
Credit Interest Receivable $600
Credit 6% Note Receivable (Wycoff Co.) $60,000
Dec. 28 Debit Cash $60,903
Credit Interest Receivable $600
Credit Accounts Receivable (Wycoff Co.) $60,600
Credit Interest Revenue $303
($60,600 x 12% x 15/360) interest for 15 days at 12% computed on the maturity value of the note.
Data Analysis:
Jan. 21 Accounts Receivable (Black Tie Co.) $29,400 Sales Revenue $29,400
Cost of Goods Sold $17,640 Inventory $17,640
Mar. 18 Note Receivable (Black Tie Co.) $29,400 Accounts Receivable (Black Tie Co.) $29,400 60-day, 6% note
May 17 Cash $29,694 Note Receivable (Black Tie Co.) $29,400 Interest Revenue $294
June 15 Accounts Receivable (Pioneer Co.) $15,700 Sales Revenue $15,700 Cost of Goods Sold $9,420 Inventory $9,420
June 21 8% Note Receivable (JR Stutts) $6,000 Cash $6,000 a 30-day, 8% note.
June 25 Cash $15,700 Accounts Receivable (Pioneer Co.) $15,700
July 21 Cash $40 Interest Revenue $40 ($6,000 x 8% x 30/360)
9% Note Receivable (JR Stutts) $6,000 8% Note Receivable (JR Stutts) $6,000
60-day, 9% note
Sept. 19 Cash $6,090 9% Note Receivable (JR Stutts) $6,000 Interest Revenue $90 ($6,000 x 9% x 60/360)
Sept. 22 Accounts Receivable (Wycoff Co.) $60,000 Sales Revenue $60,000
Cost of Goods Sold $36,000 Inventory $36,000
Oct. 14 6% Note Receivable (Wycoff Co.) $60,000 Accounts Receivable (Wycoff Co.) $60,000
Accepted a 60-day, 6%
Dec. 13 Accounts Receivable (Wycoff Co.) $60,600 Interest Receivable $600 6% Note Receivable (Wycoff Co.) $60,000
Dec. 28 Cash $60,903 Interest Receivable $600 Accounts Receivable (Wycoff Co.) $60,600Interest Revenue $303 ($60,600 x 12% x 15/360) interest for 15 days at 12% computed on the maturity value of the note.
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In 2019, pastured eggs sold for more than twice the price of cage-free eggs and almost 5 times the price of conventional eggs, making pastured eggs more profitable than the other eggs. Over time, this high price for pastured eggs will likely __________ as more farmers decide to _____________- the perfectly competitive pastured egg market.
a. rise; enter
b. fall; enter
c. rise; exit
d. fall; exit
Answers
Over time the price for the pastured egg is likely to fall as more farmers decide to enter.
What do you mean by perfectly competitive market?The perfect competitive market is a type of market structure which allows multiple companies to sell the same product or service. Example: agricultural product.
As more farmers decide to enter the market, there will be more products sold in the market, so the supply of pastured eggs will become higher, and thus, the prices will fall.
Thus, Option B is the right answer.
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If a bond sells at a ___________, an amount in excess of the face value of the bond is received on the date of issuance.
Answers
The complete statement is "If a bond sells at a premium, an amount in excess of the face value of the bond is received on the date of issuance."
What is a bond?Generally, If a bond sells for more than its face value, the buyer receives the difference on the day the bond is issued. 6. If a bond sells for less than its face value, less money is received on the day the bond is issued.
A bond is essentially a loan from an investor to a borrower, such as a business or the government. The investor earns interest on the investment while the borrower utilizes the funds to support its activities. A bond's market value may fluctuate over time.
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what is the meaning of criterion?
Answers
Answer:
a principle or standard by which something may be judged or decided.
The production of 0d submarines and 0a hospitals..
A) Increases the available resources
b) is productively efficient given the available resources
c) is productively impossible given the available resources
d) is productively ineffient given the available resources.
Answers
The production of 0d submarines and 0a hospitals is productively in effient given the available resources. The answer is OPTION D.
When a company isn't producing at its lowest possible cost per unit, it exhibits inefficient production. The average cost of production, or unit cost, is calculated by dividing all production costs by the quantity of units produced. An economy might produce a lot of boots with low manufacturing costs.
If they were all for the left foot, it would be allocatively inefficient because no one would profit from this. When a different resource allocation may boost output of any good by even one unit while maintaining the same level of other products, that resource allocation may be deemed inefficient.
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Rational choice theorists would define the behavior of corporate executives who outsource many jobs to countries where the cost of labor is substantially less than in the United States as being:
Answers
Answer: Instrumental
Explanation:
Rational choice theory, is a school of thought which is based on the assumption that individuals will choose a course of action which goes in line with what they personally prefer.
For the instrumental rationality, it has to do with looking for the most cost effective method in order to achieve a particular objective. Therefore, the behavior of corporate executives who outsource jobs to other countries where labor cost is cheaper than in the United States is defined as being instrumental.
Why is it important to pay more than the minimum payment on your credit card each month?
Answers
Answer:
so you dont have to pay as much next month
Explanation:
What differentiates the master builder approach prior to the Renaissance from later approaches?
A. The architect and engineer roles are clearly separated into separate project phases.
B. Knowledge is confined to particular individuals and not shared or formalized into a recognizable set of standards.
C. The engineering and construction roles dominated projects because architectural designs were so simple.
D. Projects do not depend on individual knowledge but leverage the total knowledge of the team.
Answers
Answer:
Design-Build, though not new as a delivery method for building projects, appears to be on the rise. Traditionally known as the Master-Builder method, it is a means of building where one party holds responsibility for both the design and the construction. The Master-Builder method was the only method before the now ubiquitous design-bid-build project structure. The Romans for example, famous for their roads, aqueducts, and amphitheaters, did not design a project, bid it out to subcontractors, and then select the low bidder to build it, but rather designed and built structures in a collaborative, somewhat simultaneous fashion. In building a house for a client during Colonial times, one party, such as a master carpenter, was responsible for delivering the general layout and exterior details, selecting structural members, and completing construction. In this way, the carpenter acted as the architect, engineer, and builder simultaneously. The concept of design, bid, and build arose out of the natural specialization of the architect, engineer, and builder in the post-1850s world, where modern structural engineering was born and separated from architecture, and architects and builders fully separated as distinct and separate entities.
Explanation:
thats what is said when i looked it up.....5 wedsits
Answer:
B. Knowledge is confined to particular individuals and not shared or formalized into a recognizable set of standards.
Explanation:
"Which of the eight reasons for new-product failure did GoPro avoid to ensure the success of GoPro’s products?"
Answers
Answer and Explanation:
Non-significant difference point as the point of differnce represents the product and services factors that develops the differentiation. Also the goods and services could become distinct as compared with the competitor via differentiation. Also it place its new product apart from many products that provides the advantage against competitors. And when the product is different so it rise the curosity to give a try for that product, and to get to know its benefits
The insignificant point of difference is the reason that Go Pro avoided to ensure product success.
What is the insignificant point of difference ?
If a new product does not have the characteristics or the features to deliver unique product then there is every possibility that it could lead to failure in the market.
This point is one of the reasons why the company had to avoid this to ensure their success.
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1. Should you have a separate checking and saving account?
Answers
Back when interest rates were high, I had just one account. I had a money-market checking account that offered good interest rates and unlimited check writing. But those days are long gone.
I want as high an interest rate as I can get for my savings. In order to get those rates, I am using a money-market savings account. All such accounts I’ve seen restrict the number of transactions I can make in a month. I need to be able to pay bills, no matter how many of them there are — and I never ever want to pay fees for excess transactions!
So I have a separate checking account. It pays less than half the interest rate of my savings account, but I can make as many transactions as I want. The bank offers a bill pay application that I use for most payments, and I can write as many checks as I want to. I can transfer money between the accounts quickly.
If Beth purchases shares of stock in bayzer, a pharmaceutical company would it be considered a saving or an investment
Answers
Answer:
investment
savings is if you keep money in a bank or in a jar
investment means the money is not hers anymore, but she got something in return and if the stock goes up she can collect even more money back
Question # 10
Multiple Choice
Why would architects rate design as the most important knowledge area for architects, with knowledge of building and construction
second and customer and personal service third?
O Although knowledge of all three areas is important, design knowledge relates most strongly to the core of an architect's responsibilities.
O Design encompasses important aspects of the other two knowledge areas.
O Design is an architect's specific professional responsibility, whereas the other two knowledge areas relate more to other roles.
O Success in the design phase typically overcomes or avoids obstacles in construction or dealing with clients.
2015 Glynlyon Inc.
Answers
Design encompasses important aspects of the other two knowledge areas is the reason architects rate design as the most important knowledge area for architects, with knowledge of building and construction.
What is architecture?Architecture is the art and technique of design and construction, which is distinct from the techniques involved in architecture. It is both the process and outcome of sketching, conceptualizing, planning, designing, and constructing buildings and other structures. The term comes from the Latin architecture. Architectural works in the physical form of buildings are often perceived as cultural symbols and works of art. Historical civilizations are often equated with surviving architectural achievements. This custom, which began in prehistoric times, has been used by civilizations on all seven continents as a means of expressing their culture architecture is considered an art form of design. Architecture has been written since ancient times. The oldest surviving text on architectural theory is the 1st-century Roman architect Vitruvius' Treatise On Architecture, which states that a good building is solid, useful, and venustas (durable, useful, and beauty). Giorgio Vasari wrote the lives of the greatest painters, sculptors, and architects and introduced stylistic ideas to 16th-century Western art. In the 19th century, Louis Sullivan declared that "form follows function." “Function” began to replace the classical “utility” and was understood to include not only practical aspects, but also aesthetic, psychological and cultural aspects. The idea of sustainable architecture was introduced at the end of the 20th century. Architecture began as a rural, indigenous, indigenous architecture that evolved from the Turia.learn more about architecture
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In its closing financial statements for its first year in business, the Runs and Goses Company, had cash of $242, accounts receivable of $850, inventory of $820, net fixed assets of $3,408, accounts payable of $700, short-term notes payable of $740, long-term liabilities of $1,100, common stock of $1,160, retained earnings of $1,620, net sales of $2,768, cost of goods sold of $1,210, depreciation of $360, interest expense of $160, taxes of $312, addition to retained earnings of $508, and dividends paid of $218.
Calculate:
a. Return on equity = __________
b. Return on total assets = __________
c. Gross profit margin = __________
d. Net profit margin = __________
Answers
Answer:
return on equality
return on way
return on potos
i will want to know about questio n
i can help you in this field ok bro
helnid is my code way ti go
Return on Equity can be calculated as Return on Equity = Net Income / share holders equity. Return on Equity = 726 /2780. Thus, Return on Equity = 26.11%
What is Return on Equity?The ratio of a company's net income to the equity of its shareholders is known as return on equity (ROE). A company's profitability and the effectiveness of its revenue generation are measured by its return on equity (ROE). A corporation is better at turning its equity financing into profits the higher the ROE.
Although average ratios and those deemed "good" and "poor" might differ significantly from industry to industry, a return on equity ratio of 15% to 20% is typically regarded as good. The ratio would be regarded as low at 5%.
b)Return on Asset Ratio
Return on Asset Ratio = Net Income / Total Assets
Return on Asset Ratio = 726/ 5,320
Return on Asset Ratio = 13.65%
c)Gross Profit Margin
Gross Profit Margin = Gross Profit / Net Sales
Profit Margin = 1,558/ 2,768
Profit Margin =56.29%
d)Net Profit Margin
Net Profit Margin = Net Income / Net Sales
Profit Margin = 726/ 2,768
Net Profit Margin =26.23%
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Question 5 Shop A charges $275.00 for an oil change and has a gross oil profit percent of 39.1% for its total oil gross profit 96. Shop B charges $275.00 for an oil change and has a gross oil profit percent of 28.4% for its total oil gross profit . Both shops pay $21.25 per gallon of oil. What is the Profit per Lube for Shop B?
Answers
To calculate the Profit per Lube for Shop B, we need to determine the total profit made from each oil change and then divide it by the amount of oil used.
First, we need to find the total oil gross profit for Shop B. We know that Shop B charges $275.00 for an oil change and has a gross oil profit percent of 28.4%. This means the gross oil profit is calculated as a percentage of the total price.
Gross oil profit for Shop B = 28.4% of $275.00
= (28.4/100) * $275.00
= $78.10
Next, we need to calculate the amount of oil used for each oil change. We are given that both shops pay $21.25 per gallon of oil.
Amount of oil used for each oil change = $275.00 / $21.25 per gallon
= 12.94 gallons (rounded to two decimal places)
Finally, we can calculate the Profit per Lube for Shop B by dividing the total oil gross profit by the amount of oil used.
Profit per Lube for Shop B = Gross oil profit for Shop B / Amount of oil used
= $78.10 / 12.94 gallons
≈ $6.03 per gallon
Therefore, the Profit per Lube for Shop B is approximately $6.03 per gallon.
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What are the solution to unknown gunmen problem
Answers
Answer:
the military is the solution
problem 2-24 calculating cash flow [lo4] use the following information for taco swell, incorporated, (assume the tax rate is 23 percent):
Answers
In order to complete this problem, I would need more information about the financial data of Taco Swell Inc. The information provided is not sufficient to calculate cash flow.
Cash flow is a financial metric that measures the amount of cash that is generated or used by a company over a period of time. It is calculated by taking into account various financial metrics such as net income, depreciation, and changes in working capital. To calculate cash flow, the following information is typically required: net income, depreciation, changes in working capital (such as accounts receivable and accounts payable), and any other cash inflows or outflows.
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Using Activity Based Costing, calculate the rate for each cost driver.
13 marks b) Using activity based budgeting, prepare a budgeted yearly operating statement for
Aero3D Ltd. Show the following separately, within the statement.
i. The budgeted output for each product per year;
ii. The contribution to profits for each product and in total before charging activity based costs;
iii. The profit for each product and in total after charging activity based costs but before charging core costs (non-activity based costs);
iv. The total profit after charging core based costs.
Answers
i. Budgeted output for each product per year is XS PRO: 3,400 units and POLYX: 1,800 units
ii. Contribution to profits for each product and in total before charging activity-based costs are XS PRO: £561,000 + POLYX: £379,800 (£940,800)
iii. Profit for each product and in total after charging activity-based costs but before charging core costs are XS PRO: Profit after activity-based costs and POLYX: Profit after activity-based costs
iv. Total profit after charging core costs: Total profit after charging core costs
How did we arrive at these values?To calculate the rate for each cost driver using Activity Based Costing (ABC), divide the total cost of each cost pool by its respective cost driver.
a) Calculation of rates for each cost driver:
1. Condensing machine:
Rate = Total cost of condensing machine / Number of production batches
Rate = £450,000 / 60
Rate = £7,500 per batch
2. Shaping machine:
Rate = Total cost of shaping machine / Shaping machine hours
Rate = £130,000 / (3,400 × 0.50 + 1,800 × 0.70)
Rate = £130,000 / 2,400
Rate = £54.17 per shaping machine hour
3. Manual handling of material:
Rate = Total cost of manual handling of material / Weight of material handled
Rate = £55,000 / (3,400 × 1.2 + 1,800 × 1.4)
Rate = £55,000 / 7,040
Rate = £7.80 per kilogram of material handled
b) Budgeted yearly operating statement for Aero3D Ltd:
i. Budgeted output for each product per year:
- XS PRO: 3,400 units
- POLYX: 1,800 units
ii. Contribution to profits for each product and in total before charging activity-based costs:
Contribution per unit = Selling price - Direct material cost - Direct labor cost
- XS PRO: £175 - £8 - £2 = £165 per unit
- POLYX: £225 - £10 - £4 = £211 per unit
Contribution before activity-based costs:
- XS PRO: £165 × 3,400 = £561,000
- POLYX: £211 × 1,800 = £379,800
Total contribution = £561,000 + £379,800 = £940,800
iii. Profit for each product and in total after charging activity-based costs but before charging core costs:
Cost breakdown per unit:
- XS PRO:
- Condensing machine cost = Rate (Condensing machine) × Number of production batches
- Shaping machine cost = Rate (Shaping machine) × Shaping machine hours
- Manual handling cost = Rate (Manual handling of material) × Weight of material handled
Total cost per unit = Direct material cost + Direct labor cost + Condensing machine cost + Shaping machine cost + Manual handling cost
- POLYX:
- Condensing machine cost = Rate (Condensing machine) × Number of production batches
- Shaping machine cost = Rate (Shaping machine) × Shaping machine hours
- Manual handling cost = Rate (Manual handling of material) × Weight of material handled
Total cost per unit = Direct material cost + Direct labor cost + Condensing machine cost + Shaping machine cost + Manual handling cost
Profit after activity-based costs but before core costs:
- XS PRO: Selling price - Total cost per unit
- POLYX: Selling price - Total cost per unit
iv. Total profit after charging core costs:
Total profit = Total contribution - Core costs
Since the core costs are given as a fixed amount and not linked to any activity or cost driver, they are not allocated using the ABC method.
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. What dangers do entrepreneurs face when they court equity investors to provide capital to finance their companies’
Answers
Answer:
Most entrepreneurs are risk-takers by nature, or at minimum calculated visionaries with a clear plan of action to launch a new product or service to fill a gap in the industry. On a personal level, many entrepreneurs take big risks to leave stable jobs to throw their efforts (and sometimes their own money) into launching a business.
Explanation:
For entrepreneurs, there is no guaranteed monthly income, no guarantee of success, and spending time with family and friends can be a challenge in the early days of launching a company. Here are some of the most common risks that every entrepreneur and investor should evaluate and minimize before starting a business.
10 problems Faced by Entrepreneurs in India While starting their business
Financing.
Lack of Planning.
Hiring the right talent.
Effective marketing within a limited budget.
Self-doubt and uncertainty.
Dealing with criticism.
Attractive Customers.
Making Decisions.
Suppose a monopoly's price is $90.00 and its marginal cost of production is $18.00. What is the firm's markup? What is the firm's elasticity of demand?
Answers
Answer and Explanation:
The computation is shown below;
Given that
Price = P = $90
And, the Marginal cost = MC = $18
a.
Now the markup would be
= (P - MC) ÷ P
= ($90 - $18) ÷ $90
= $72 ÷ $90
= 0.80
= 80%
Now the monopoly markup is
b.
As we know that
Monopoly, markup = 1 ÷ elasticity of demand(e)
e = 1 ÷ markup
= 1 ÷ 0.8
= 1.25
The absolute value of e would always be negative so e = -1.25
Therefore
The firm s price elasticity of demand is -1.25
Periodic inventory by three methods
The beginning inventory for Midnight Supplies and data on purchases and sales for a three-month period are shown below:
1> determine the inventory on march 31 for the period and COGS using FIFO
2. determine the inventory on march 31 for the period and COGS using LIFO
3. Determine the inventory on March 31 for the period and COGS using weighted avg unit (round nearest cent)
4. compare cross profit for the inventories
Answers
1. Merchandize inventory, March 31; 1,010, 625. Cost of Merchandize sold; 10, 891, 875.
2. LIFO, Ending Inventory = 881, 250. Cost of goods sold = 11, 021, 250
3. Weighted average, Ending inventory = 981, 000. Cost of goods sold = 10, 921, 500
4. FIFO LIFO Weighted Average
sales 19, 875, 000 19, 875, 000 19, 875, 000
Cost of goods 10, 891, 875 11, 021, 250 10, 921, 500
Gross profit 8, 983, 123 8, 853, 750 8, 953, 500
Inventory March 31, 1, 010, 625 881, 250 981, 000
How to calculate FIFO and LIFO?
To calculate LIFO (Last In, First Out) and FIFO (First In, First Out), Ending Inventory, and Cost of Goods Sold, you need to have information on the cost of goods, the quantity of goods sold, and the quantity of goods remaining in inventory.
Calculate the cost of goods sold (COGS) using LIFO method:
Identify the cost of the most recent purchases and multiply them by the number of units sold.
Add the cost of the previous purchases to the remaining inventory at the end of the period.
Which is 7500 x $75 + 3750 x $85 = 881, 250
Calculate the ending inventory:
For LIFO: The remaining inventory is the cost of the earliest purchases.
Which is 11902500 - 881250 = 11, 021, 250
To calculate the weighted average;
Ending inventory: $11,250 x 87.20 = 981 000
Cost of goods sold: $ 11902500 - 981000 = $10, 921, 500
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Insurance agents receive a commission on the policies they sell. Many states regulate the rates that can be charged for insurance. Would higher or lower rates increase the incomes of agents? Explain, distinguishing between the short-run and the long-run.
Answers
The higher rates would have to increase the income that the agents would have to make in the commission in the short run.
What is the rate at which the incomes would increase?In the short-run, higher insurance rates would likely increase the incomes of agents, as they would receive a larger commission on the policies they sell. However, in the long-run, higher rates could lead to decreased demand for insurance as customers may find the policies too expensive. This decrease in demand could lead to lower incomes for agents as they would sell fewer policies.
On the other hand, lower insurance rates could lead to an increase in demand for policies and thus, in the short-run, increase the number of policies sold by agents, which could increase their incomes. But in the long-run, as the insurance company would be making less profit from the policies, it could decrease the commission for agents, leading to a decrease in their incomes.
In summary, in the short-run, higher rates could increase the incomes of agents, but in the long-run, it could decrease them due to decreased demand. And Lower rates could increase the incomes of agents in the short-run but in the long-run, it could decrease due to decrease in commission.
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Propose ways on how Pacific Airlines may succeed in their organizational restructuring using the concept of organizational management levels.
Answers
If Pacific Airlines can guarantee that their employees are following the established procedures and not straying from them, together with the appropriate staffing of personnel according to skills, they may be successful in their organisational restructuring.
If Pacific Airlines makes sure that employees follow established protocols and do not deviate from them, including proper staffing of personnel according to talents, they may be successful in their organisational restructuring.
They must also maintain the ability to adapt to environmental changes that might necessitate changing the focus of their efforts. Finally, they must make sure that broad intentions are translated into actionable programmes.
Every time a topic of policy or procedure is evaluated, Pacific Airlines must also implement new processes and procedures as needed in the organisational tactics, including thinking and acting strategically. Similar to how organisational policy must be tightly matched with operational requirements.
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One of Shanice's team members is not happy with their performance review and refuses to accept the rating she gave. What should Shanice do?
Answers
Shanice should aim to resolve the issue through open communication, active listening, and a willingness to address the team member's concerns.
Listen and understand: Shanice should create an open and safe space for the team member to express their concerns. She should actively listen and seek to understand their perspective. This demonstrates empathy and shows that she values their input.
Provide clarity: Shanice should provide a clear explanation of the performance review process, including the criteria used to evaluate performance and the specific examples that led to the assigned rating. This can help address any misunderstandings or misconceptions.
Address concerns and offer feedback: Shanice should address the team member's specific concerns and provide constructive feedback. She can highlight areas for improvement and offer guidance on how to enhance performance. It's important for Shanice to focus on specific behaviors and outcomes rather than personal attacks or generalizations.
Seek input and involve the team member: Shanice can ask the team member for their suggestions on how to improve their performance or address their concerns. Involving them in the process can foster a sense of ownership and encourage collaboration.
Consider a reevaluation: If Shanice believes there may have been an oversight or if the team member presents compelling evidence, she can consider a reevaluation of the performance review. This may involve gathering additional feedback or revisiting the evaluation criteria.
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Which part of the result block should you evaluate to determine the Needs Met rating for that result?
True False
You always need to evaluate both the block and the landing page.
True
False
For a Special Content Result Block, you only need to evaluate the content inside the block and nothing else.
O True
False
For a Web Search Result Block, in most cases you should evaluate just the content inside the block.
O True
False
For a Special Content Result Block, evaluate the content inside the block. You may also need to evaluate the landing page as well in some cases.
Answers
You always need to evaluate both the block and the landing page. It is False
For a Special Content Result Block, you only need to evaluate the content inside the block and nothing else. It is True
For a Web Search Result Block, in most cases you should evaluate just the content inside the block. It is True
For a Special Content Result Block, evaluate the content inside the block. You may also need to evaluate the landing page as well in some cases. It is True
How to Know if the Needs met for the resultThe answer is False because while it is important to evaluate both the block and the landing page in some cases, it is not always necessary to do so, depending on the type of search result and the specific evaluation criteria being used.
For a Special Content Result Block, there is always need to evaluate both the content inside the block and the landing page to know the Needs Met rating for that result, depending on the specific evaluation criteria being used.
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As the number of multinational corporations continues to grow, we are experiencing a greater number of international ethical dilemmas. One very real concern has been the human rights abuses in sweatshops in exchange for cheap labor. Several retailers have now banded together to set ethical standards in foreign factories. Which of the following statements summarizes the challenges of companies doing business in developing countries and the concerns of their customers??A) Multinationals must subjectively determine the local living wage, which is usually more than the local legal wage in developing countries. Customers surveyed say they are willing to pay a few dollars more to improve working conditions in sweatshops.
B) Economically sensitive customers want companies to pass along cost savings to them, at all costs, even if the products are made through offshore outsourcing. Companies want to please customers, first!
C) Most multinational corporations have made no attempt to improve working standards at sweatshop factories. They will turn a blind eye to the problem unless U.S. law is passed to force the issue. Customers understand that legal limits come before ethical standards.
D) Multinationals cannot be expected to demand socially responsible behavior from their supplier, including foreign sweatshops. When doing business abroad, the U.S. company need not comply with U.S. law when its supplier(s) is not in the U.S. or on U.S. territory.
Answers
Answer: A) Multinationals must subjectively determine the local living wage, which is usually more than the local legal wage in developing countries. Customers surveyed say they are willing to pay a few dollars more to improve working conditions in sweatshops.
Explanation:
Countries where sweatshops are rampant are usually so because the authorities set a low minimum wage which is often done to attract foreign investment.
If Multinationals want to improve conditions therefore, they would usually have to subjectively determine the local living wage, which is usually more than the local legal wage in these countries and that presents a problem because the Multinationals themselves may not be physically present in these countries so gathering such information might prove to be cumbersome.
Customers who are also surveyed generally tend to be willing to pay a little more than they do if it means that those in sweatshops get better working conditions.
Removal for cause is a device used to prevent a prospective juror who is biased from serving on a case. true or false
Answers
Answer:
True
Explanation:
A Juror is a member of a jury in a court of law. It is expected that a Juror carries out his / her duty with a maximum objectivity without being partial or bias. For this reason , a set of criteria are used to screen potential Jurors during selection and if any is sound unqualified , such will be prevented from being part of a Jury.
The two methods of screening are peremptory where the attorney removes a Juror without giving any reason and the removal for cause where the potential Juror is removed because it is perceived that he will be impartial in the course of duty.
The following are selected transactions of the company RED RIBBON COMPANY.
April
1 Paid rent for the month, P10000.
2 The owner, Sara Marcos made additional cash Investment of, P200000.
3 Purchase additional office supplies on account, P12,000
5 Purchase office equipment on account, P15000.
8 Fees earned and billed to customers for the month, P83, 650
10 Paid advertising expenses, P20,000
Received cash from customers on account, P17500 18 Received cash from customer for services rendered, P25780
20 Paid creditor on account, 17000
21 Returned P1000 worth of office supplies that were defected, purchased April 15
23 Withdraw cash for personal use, P10000
27 Paid 2000 for the repair of office equipment
29 Paid telephone bills, P12000
30 Paid salaries of employees, P25000
30 Received a promissory note for service rendered, P20000
Answers
The liabilities owed by Red Ribbon Company, for the month of April can be found to be
How to find the liabilities owed ?To find the total liabilities owed by Red Ribbon Company for the month of April, you should sum up the different liabilities incurred in that month.
The total liabilities to Red Ribbon Company for April is therefore:
= Office supplies on account + Office equipment on account - Amount paid to creditor - office supplies returned to creditor
= 12, 000 + 15, 000 - 17, 000 - 1, 000
= P 9, 000
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The rest of the question is:
What is the ending value of liabilities to Red Ribbon Company for the month of April?
4. During a slow business period, an associate sees a new hire having trouble answering a customer's questions. The customer is ready to leave. What should the
associate do?
O A. Step in and say, "Here, let me help," then ring the sale
OB. Approach them and ask, "Can I help answer any questions?
OC. Alert the manager that the new hire needs help
D. Watch without interrupting and advise the new hire after the customer leaves
Answers
In this situation, the most appropriate course of action for the associate would be to choose option B: Approach them and ask, "Can I help answer any questions?"
In this situation, the most appropriate course of action for the associate would be to choose option B: Approach them and ask, "Can I help answer any questions?" By approaching the new hire and offering assistance, the associate demonstrates teamwork and a willingness to support colleagues. This approach allows the new hire to handle the customer interaction directly, gain experience, and build confidence. However, the associate's presence and offer to help signal that they are available to step in if needed. Interrupting the interaction completely, as in option A, may undermine the new hire's ability to learn and handle customer inquiries independently. It is essential to strike a balance between providing support and allowing the new hire to develop their skills. Option C, alerting the manager, should be reserved for situations where the new hire is struggling consistently or if the customer's concerns are not being addressed. It is generally more effective to offer immediate assistance before involving higher-level management. Option D, watching without interrupting and advising the new hire afterward, misses the opportunity to salvage the customer's experience in real-time. Addressing the customer's concerns promptly and preventing them from leaving is crucial for maintaining customer satisfaction and loyalty. In summary, approaching the new hire and offering assistance while the customer is still present (option B) strikes a balance between supporting the new hire and ensuring a positive customer experience.
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Lucius is very reluctant to make purchase decisions in the marketplace. When stressed about making a purchase, he often relies on others then observes the purchase behavior of those that experience similar difficulty in purchase. He has also joined certain groups that aid him in his purchase decisions. What personality type of consumer best describes Lucius?
Answers
Answer:
A careful consumer.
Explanation:
Who is Warten Weg, and what does he do?
Answers
Explanation: Warten Weg is a highly skilled and talented graphic designer based in South Africa, who has made a name for himself in the industry as a successful freelancer. With a wealth of experience in the field of graphic design, Warten has established himself as a go-to designer for clients looking for innovative and visually stunning design solutions.
Warten's passion for design shines through in every project he takes on, whether it be designing a logo, creating a website, or designing marketing collateral. He is committed to delivering designs that not only look great but also convey a clear message and connect with the target audience.
Over the years, Warten has worked with clients from all over the world, developing a diverse portfolio of work that showcases his versatility as a designer. His ability to adapt to different industries and design styles has helped him establish long-lasting relationships with clients, who often return to him for repeat work. With his creative flair and exceptional design skills, Warten is sure to continue making waves in the world of graphic design for years to come. MORE INFO: Warten Weg - Graphic Design | Creative Director | Web Design
:D Hope this helps!