There are several ways that companies can achieve organizational integration through coordination, which refers to the process of aligning and synchronizing different parts of an organization to work together effectively towards common goals.
Some of the common methods of coordination used by companies include:
Hierarchical Coordination: This involves coordinating activities through a formal chain of command or reporting structure, where decisions are made by managers at different levels and communicated down the hierarchy. This can involve setting up clear lines of authority, defining roles and responsibilities, and establishing formal communication channels to ensure that different departments or teams are working in harmony towards common objectives.
Functional Coordination: This involves coordinating activities based on functional areas or departments within the organization, such as finance, marketing, operations, and human resources. Functional coordination ensures that each department's goals and activities are aligned with the overall organizational objectives and that there is effective communication and collaboration among different departments to achieve organizational integration.
Cross-functional Coordination: This involves coordinating activities across different functional areas or departments to facilitate collaboration and integration. Cross-functional coordination may involve forming cross-functional teams or task forces to work on specific projects, conducting regular meetings or forums for information sharing and problem-solving, and promoting a culture of collaboration and teamwork across the organization.
Standardization: This involves establishing standardized processes, procedures, and systems across the organization to ensure consistency and uniformity in how work is done. Standardization can help streamline operations, improve communication and coordination, and ensure that different parts of the organization are working in alignment with each other.
Technology-enabled Coordination: This involves leveraging technology and information systems to facilitate coordination and integration across the organization. This can include using collaboration tools, project management software, enterprise resource planning (ERP) systems, and other technological solutions to enable efficient communication, information sharing, and coordination among different teams or departments.
Strategic Leadership: This involves setting a clear strategic direction for the organization and providing leadership that guides and aligns different parts of the organization towards common goals. Strategic leadership involves setting clear expectations, providing a compelling vision, and fostering a culture of collaboration, innovation, and continuous improvement throughout the organization.
Effective coordination among different parts of an organization is crucial for achieving organizational integration, ensuring that different teams or departments are working together towards common objectives, and maximizing overall organizational performance. The specific methods of coordination used by companies may vary depending on their organizational structure, culture, and industry, and may be combined in different ways to achieve the desired level of integration.
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Over the past 30 years technological advances have reduced the cost of computer chips. how do you think this hass affected the market for omputers?
A product's demand is influenced by the cost of its alternatives and complements.
Demand for a product and the cost of an alternative directly correlate. An inverse relationship exists between a product's demand and the cost of its replacement.
In economics, the relationship between the quantity of a good or service that producers want to sell at different prices and the quantity that consumers want to buy is known as supply and demand.
It serves as the primary model for determining prices in economic theory. The interaction of supply and demand in a market determines the price of a good.
The cost of manufacturing computer chips will decrease if chips are less expensive. Both the supply of computers and the number of computers purchased will therefore increase.
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The availability of a commodity is referred to as its
Demand.
Distribution.
Surplus.
Supply.
A company purchased office equipment for $43,000 and estimated a salvage value of $8,000 at the end of its 5-year useful life. What is the constant percentage that is to be applied against book value each year if the double-declining-balance method is used?
The constant percentage for the double-declining-balance method is 40% per year. The depreciation balancing method refers to a depreciation technique used to determine the depreciation expense when the straight-line depreciation method does not fully depreciate an asset's cost by the end of its useful life.
The double-declining-balance method is a depreciation method that applies a constant percentage to the book value of an asset each year. This method helps distribute the remaining depreciation over the remaining useful life of the asset, ensuring that the book value is reduced to the salvage value by the end of its useful life.
To implement the depreciation balancing method, the depreciation expense in the early years of an asset's life is increased to reduce the carrying value closer to the salvage value. This adjustment allows for a more accurate representation of the asset's economic value over time.
To calculate the constant percentage for this method, we need to determine the depreciation rate.
Cost of the office equipment = $43,000
Salvage Value = $8,000
Useful Life = 5 years
Depreciation Rate = (1 / 5) * 2
Now, let's calculate the depreciation rate:
Depreciation Rate = 0.4 or 40%
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Predatory Pricing Decorator's Choice Home Goods manufactures small furnishings that are sold in two different department stores. Decorator's Choice offers the exact same vase to both department stores, but sells the vase for $10 more at one of the department stores. • Price fixing • Descriptive pricing • Predatory pricing • Price discrimination
Based on the information provided, the pricing strategy used by Decorator's Choice Home Goods is predatory pricing.
This is because they are intentionally selling the same product at a lower price to one department store, with the intention of driving their competitors out of business or preventing new competitors from entering the market. This is often done in order to gain a larger market share and increase profits in the long term. Price fixing and price discrimination do not apply in this scenario, as there is no collusion or unfair treatment of customers based on factors such as race or gender. Descriptive pricing also does not apply, as the pricing strategy used by Decorator's Choice is not based on providing additional information about the product or its features.
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What is the purpose of Social Security?
OA. To provide retired people with income so they do not have to work
anymore
B. To give retired people an income so younger people can have their
jobs
OC. To be the main source of income after retirement
D. To provide supplemental income for retired or disabled people
SUBMIT
Answer:
D. To provide supplemental income for retired or disabled people.
Explanation:
what does revenue mean in accounting?
a. cash
b. profit
c. debit
d. customer sales
Answer:
b
Explanation:
hope itttttt helps
snack Ska BMX she
Which of the following is the best example of a SMART goal?
A. Graduate with a degree in business.
B. Learn as much about marketing as possible.
C. Graduate with a bachelor's degree in marketing in a year.
D. Earn a "B" or better in my Intro to Marketing course this semester.
Answer:
c
Explanation:
although all were good options for answers, but this graduate got through this in a year, Speaks volumes to me
Answer:
The answer is definitely: D. Earn a "B" or better in my Introduction to Marketing course this semester.
Explanation:
100 % correct
If the Administrator were examining the actions of a particular agent to determine whether the agent engaged in churning a client's account, focus would be placed upon A) the number of complaints received relating to that agent B) the amount of profits generated in the client's account C) the client's objectives, financial resources, and the character of the account D) the length of time the account had been opened
Answer:
C) the client's objectives, financial resources, and the character of the account
Explanation:
While at the time of examining the actions of a specific agent by the administrator with respect to the commission earned would be depended upon the objective of the client, his financial resources,and the character of the account.
The character of the account represents the type of account in which the client is interest as different accounts have different commissions
So these three above objectives should be required
Hence, the option c is correct
Which method assigns probabilities based on the assumption of equally likely outcomes?
Classical Approach determining probability with the assumption that all possible outcomes are equally likely.
What kinds of results are there?Organizational, team, and individual outcomes are the three different categories of results.
What characteristics define a successful outcome?Think carefully exactly what you can actually achieve given the groups your want to target and the range of your resources. Good outcome goals are clear, measurable, and practical. Develop the following results: • Your outcomes should specify what you hope will occur once your action is finished.
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You learned about the various types of information systems that revolve around the different data, knowledge, information, and decision-making activities at different levels in the organization. In this activity, identify and explain any three types of information systems related to specific functional areas of business that this lesson hasn’t mentioned.
An information system is a coordinated group of parts used to gather, store, and process data as well as to deliver knowledge, information, and digital goods. Information systems include the following, decision support system, transaction processing system, management information system.
Types of information systems includeDecision support system: A decision support system is an information system that analyzes business data and other information relevant to the firm.
Transaction processing system: The process of collecting, modifying, and retrieving transactions is automated by the transaction processing system. This type of information system's particular characteristic is that it improves the efficiency, dependability, and consistency of commercial transactions.
Management information system: The management information system helps managers. such as measuring and analyzing business performance, making choices, creating a business plan, and establishing processes. By examining the roles and duties, it also gives managers feedback.
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Match the following control components which most organizations use as a framework when analyzing their internal control systems ✓ Control environment ✓ Risk assessment
✓ Control activities ✓ Information and communication
✓ Monitoring activities A. includes various work responsibilities and duties completed by employees to reduce risks B. helps employees understand the value of internal controls to their organization's success C. evaluations are done often to determine whether they are working as intended D. an attempt to deceive others for personal gain E. the potential for fraud and other risks should be continuously evaluated F. supports sound decision making
Control components are essential for organizations to analyze and maintain an effective internal control system.
Explanation
Control components are matched with their descriptions to maintain an effective internal control system.
✓ Control environment: B. helps employees understand the value of internal controls to their organization's success
✓ Risk assessment: E. the potential for fraud and other risks should be continuously evaluated
✓ Control activities: A. includes various work responsibilities and duties completed by employees to reduce risks
✓ Information and communication: F. supports sound decision making
✓ Monitoring activities: C. evaluations are done often to determine whether they are working as intended
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According to a 2018 article in Esquire magazine, approximately 70% of males over age will develop cancerous cells in their prostate. Prostate cancer is second only to skin cancer as the most common form of cancer for males in the United States. One of the most common tests for the detection of prostate cancer is the prostate-specific antigen (PSA) test. However, this test is known to have a high false-positive rate (tests that come back positive for cancer when no cancer is present). Suppose there is a 0.02 probability that a male patient has prostate cancer before testing. The probability of a false-positive test is 0.75, and the probability of a false-negative (no indication of cancer when cancer is actually present) is 0.20.
Let C = event male patient has prostate cancer
+ = positive PSA test for prostate cancer
- = negative PSA test for prostate cancer
a. What is the probability that the male patient has prostate cancer if the PSA test comes back positive (to 4 decimals)?
0.0214 [I did this part correctly but I had trouble finding the other parts, they kept marking them incorrectly]
b. What is the probability that the male patient has prostate cancer if the PSA test comes back negative (to 4 decimals)?
c. For older men, the prior probability of having cancer increases. Suppose that the prior probability of the male patient is 0.3 rather than 0.02. What is the probability that the male patient has prostate cancer if the PSA test comes back positive (to 4 decimals)?
d. What is the probability that the male patient has prostate cancer if the PSA test comes back negative (to 4 decimals)?
Answer:
a) Probability of prostrate cancer given a positive test is P(C|+) = 0.0213
b) Probability of cancer given a negative test is P(C|-) = 0.0161
c) Probability of prostrate cancer given a positive test is P(C|+) = 0.3137
d) Probability of cancer given a negative test is P(C|-) = 0.2553
Explanation:
Probability male patient has prostate cancer, P(C) = 0.02
Probability male patient does not have prostrate cancer P(C') = 1 - 0.02 = 0.98
Probability of a positive test given there is no cancer, i.e. P(false positive) = P(+|C') = 0.75
P(negative test given there is cancer) = P(false negative) = P(-|C) = 0.2
P(negative test given there is no cancer) is the complement of P(+|C') = P(-|C') = 1 - 0.75 = 0.25
Probability of positive test given there is prostrate cancer, P(+|C) is the complement of P(-|C), = 1 - 0.2 = 0.8.
a) Probability of prostrate cancer given a positive test is P(C|+)
According to Baye's theorem, P(C|+) = P(+|C)P(C)/P(+)
For P(+), we use the Law Of Total Probability: P(+) = P(+|C)P(C) + P(+|C')P(C')
P(+) = (0.8 * 0.02) + (0.75 * 0.98) = 0.751
Therefore, P(C|+) = P(+|C)P(C)/P(+)
P(C|+) = (0.8 * 0.02)/0.751 = 0.0213
b) Probability of cancer given a negative test is P(C|-)
According to Baye's theorem, P(C|-) = P(-|C)P(C)/P(-)
P(-) = P(-|C)P(C) + P(-|C')P(C')
P(-) = (0.2 * 0.02) + (0.25 * 0.98) = 0.249
Therefore, P(C|-) = (0.2 * 0.02)/0.249
P(C|-) = 0.0161
Part 2: Given the following;
Probability male patient has prostate cancer, P(C) = 0.3
Probability male patient does not have prostrate cancer P(C') = 1 - 0.3 = 0.70
Probability of a positive test given there is no cancer, i.e. P(false positive) = P(+|C') = = 0.75
P(negative test given there is cancer) = P(false negative) = P(-|C) = 0.2
P(negative test given there is no cancer) is the complement of P(+|C') = P(-|C') = 1 - 0.75 = 0.25
Probability of positive test given there is prostrate cancer, P(+|C) is the complement of P(-|C), = 1 - 0.2 = 0.8.
c) Probability of prostrate cancer given a positive test is P(C|+)
According to Baye's theorem, P(C|+) = P(+|C)P(C)/P(+)
For P(+), we use the Law Of Total Probability: P(+) = P(+|C)P(C) + P(+|C')P(C')
P(+) = (0.8 * 0.3) + (0.75 * 0.7) = 0.751
Therefore, P(C|+) = P(+|C)P(C)/P(+)
P(C|+) = (0.8 * 0.3)/0.765 = 0.3137
d) Probability of cancer given a negative test is P(C|-)
According to Baye's theorem, P(C|-) = P(-|C)P(C)/P(-)
P(-) = P(-|C)P(C) + P(-|C')P(C')
P(-) = (0.2 * 0.3) + (0.25 * 0.7) = 0.235
Therefore, P(C|-) = (0.2 * 0.3)/0.235
P(C|-) = 0.2553
Prostate cancer is a type of cancer that can be detected by the PSA test. The probability of prostate cancer given a positive test is 0.0213 and 0.3137.
What is PSA?Prostate-specific antigen (PSA) test is a diagnostic test that screens for prostate cancer and is a blood test.
Given,
Probability of prostate cancer P(C) = 0.02
Probability of absence of prostate cancer P(C') = 0.98
Probability of false positive P(+|C') = 0.75
Probability of false negative P(-|C) = 0.2
Probability of absence of cancer in negative test = 0.25
Probability of presence of cancer in positive test = 0.8
The probability of the male patient suffering from prostate cancer in case of a PSA reading of 0.0214 is,
By Baye's theorem:
\(\begin{aligned} \rm P(C|+) &= \rm \dfrac{ P(+|C)P(C)}{P(+)}\\\\\rm P(+) &= (0.8 \times 0.02) + (0.75 \times 0.98)\\\\&= \dfrac{(0.8 \times 0.02)}{0.751} \\\\&= 0.0213\end{aligned}\)
The probability of cancer given a negative test P(C|-) is calculated as:
\(\begin{aligned} \rm P(-) &= \rm P(-|C)P(C) + P(-|C')P(C')\\\\\rm P(C|-) &= \dfrac{(0.2 \times 0.02)}{0.249}\\\\&= 0.0161\end{aligned}\)
For the next part, the probability of prostate cancer given a positive test P(C|+) is calculated as:
\(\begin{aligned} \rm P(C|+) &= \rm \dfrac{P(+|C)P(C)}{P(+)}\\\\\rm P(C|+) &= \dfrac{(0.8 \times 0.3)}{0.765} \\\\&= 0.3137\end{aligned}\)
The probability of cancer given a negative test P(C|-) is calculated as:
\(\begin{aligned} \rm P(-) &= \rm P(-|C)P(C) + P(-|C')P(C')\\\\\rm P(C|-) &= \dfrac{(0.2 \times 0.3)}{0.235}\\\\& = 0.2553\end{aligned}\)
Therefore, the probability of prostate cancer with a positive test is 0.0213.
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Gold Nest Company of Guandong, China, is a family-owned enterprise that makes birdcages for the South China market. A popular pastime among older Chinese men is to take their pet birds on daily excursions to teahouses and public parks where they meet with other bird owners to talk and play mahjong. A great deal of attention is lavished on these birds, and the birdcages are often elaborately constructed from exotic woods and contain poreclain feeding bowls and silver roosts. Gold Nest Company makes a broad range of birdcages that it sells through an extensive network of street vendors who receive commissions on their sales. The Chinese currency is the renminbi, which is denoted by Rmb. All of the company's transactions with customers, employees, and suppliers are conducted in cash; there is no credit.The company uses a job-order costing system in which overhead is applied to jobs on the basis of direct labor cost. At the beginning of the year, it was estimated that the total direct labor cost for the year would be Rmb200,000 and the total manufacturing overhead cost would be Rmb 330,000 . At the beginning of the year, the inventory balances were as follows:During the year, the following transactions were completed: a. Raw materials purchased for cash, Rmb 275,000 . b. Raw materials requisitioned for use in production, Rmb 280,000 (materials costing Rmb220,000 were charged directly to jobs; the remaining materials were indirect). c. Costs for employee services were incurred as follows: d. Rent for the year was Rmb 18,000 Rmb 13,000 of this amount related to factory operations, and the remainder related to selling and administrative activities). e. Utility costs incurred in the factory, Rmb 57,000 . f. Advertising costs incurred, Rmb 140,000 . g. Depreciation recorded on equipment, Rmb 100,000. Rmb 88,000 of this amount was on equipment used in factory operations; the remaining Rmb 12,000 was on equipment used in selling and administrative activities.) h. Manufacturing overhead cost was applied to jobs, Rmb ________. i. Goods that had cost Rmb 675,000 to manufacture according to their job cost sheets were completed. j. Sales for the year totaled Rmb 1,250,000 . The total cost to manufacture these goods according to their job cost sheets was Rmb 700,000 .
(d) Prepare an income statement for the year. (Do not prepare a schedule of cost of goods manufactured; all of the information needed for the income statement is available in the journal entries and T-accounts you have prepared.)
These birds receive a lot of care, and their cages are frequently intricately built from exotic woods and furnished with silver roosts and porcelain food bowls. The Gold Nest Company manufactures a wide selection of birdcages that it distributes via a vast network of street sellers who are paid commissions on purchases. The renminbi, represented by the letter Rmb, is the currency of China.
Finished goods Inventory 550000
What is balance in the Manufacturing Overhead account to Cost ?
At the end of the year, any remaining balance in the manufacturing overhead account (over or under-applied manufacturing overhead) is either distributed among the cost of finished goods, cost of work in progress, and cost of goods sold accounts, or the entire balance is transferred to the cost of goods sold account. Manufacturing overhead, also known as factory overhead, factory burden, and manufacturing support costs, describes the unavoidable expenses a business faces when producing a good. To value and report Inventory and Cost of Goods Sold in accordance with generally accepted accounting standards, the cost of manufacturing overhead must also be allocated to each unit produced in addition to expenditures like direct material and direct labor (GAAP).Manufacturing expenses include items like the power needed to run the firm's machinery, the building's depreciation, the cost of manufacturing supplies, and the wages of factory workers (other than direct labor). The determination of a product's profitability depends on how these expenses are allocated to various products.Nonmanufacturing costs, often known as administrative overhead, are expenditures incurred by a company that are unrelated to the actual manufacturing process. Selling, General and Administrative (SG&A) Costs and Interest Expense are examples of non-manufacturing costs in accounting and financial jargon. These costs are not included in inventory or the cost of products sold since accounting procedures do not see them as product costs. Instead, at the moment of incurrence, nonmanufacturing expenditures are only recorded as expenses on the income statement.Trn. Account Titles Debit (Rmb) Credit(Rmb)
a) Raw Material Inventory 150000 Cash 150000
b) Work in process Inventory 135000
Manufacturing overhead 23000
Raw material Inventory 158000
c) Work in process Inventory 100000
Manufacturing overhead 40000
Sales commision 22000
Salaries expense 35000
Cash 197000
d) Manufacturing overhead 30000
Rent Expense 6000
Cash 36000
e) Manufacturing overhead 90000
Cash 90000
f) Advertising Expense 88000
Cash 88000
g) Manufacturing overhead 66000
Depreciation Expense 14000
Accumulated depreciation 80000
h) Work in process Inventory 250000
Manufacturing overhead 250000
[275,000/110,000] × 100,000 (Direct labor)
i) Finished goods 490000
Work in process Inventory 490000
j) Accounts Receivable 995000
Sales 995000
j. Cost of goods sold 550000
Finished goods Inventory 550000
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Ed started watseka winery on his north carolina farm when he switched from growing tobacco to growing grapes. After going through the various steps in the new-product development process, ed and his fledgling company finally entered the commercialization stage of the new product development process. Ed knew that to succeed in selling the wine, the company would have to.
Ed knew that to succeed in selling the wine, the company would have to promote the product to distributors and retailers to get wide distribution.
A company, abbreviated as co., is a criminal entity representing an association of people, whether natural, felony or a aggregate of both, with a specific goal. agency members share a common motive and unite to acquire unique, declared goals.
An enterprise is a criminal entity formed by using a collection of individuals to interact in and function a enterprise—commercial or industrial—employer. A business enterprise can be prepared in diverse methods for tax and economic legal responsibility purposes relying on the corporate law of its jurisdiction.
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use an optimization model to determine the best course of action for your real estate company, using the following assumptions: you wish to maximize the net present value of profit over the next eight quarters. assume 6% irr, compounding quarterly. (so 1.5% per quarter) in each neighborhood in which they open an office, they will achieve a baseline of 5.5% market penetration, and earn a 5% commission on sales. for every .1% the commission you charge decreases, your market penetration will increase by .15%, (down to a minimum penetration of 4% or a maximum of 6%) you must pay rent and utilities in each office you open each month. determine the average cost per gross square foot of commercial real estate in your neighborhood for the last year (in nyc historical). [when determining this value, you should exclude properties where gross square feet or sale price is unknown.] each month you will pay 1.5% of this for rent and utilities for each square foot of office space you rent. you must rent at least 250 square feet of office space, plus 125 for each employee you hire. you may hire up to 3 employees. each employee you hire costs a yearly salary $65,000 including benefits, and increases your market penetration by .5%. your monthly operating budget is $15,000. you may add other assumption you deem realistic so long you provide the explanation in your report.
The best course of action for the real estate company is to open offices in neighborhoods with higher market penetration and lower commercial real estate costs, hire up to 3 employees, and set commission rates to achieve maximum net present value of profit over the next 8 quarters while staying within the monthly operating budget of $15,000.
To optimize net present value of profit, the real estate company should analyze market penetration, commission rates, and real estate costs in each neighborhood to determine which locations will yield the highest profit.
The company should also hire up to 3 employees to increase market penetration while staying within the operating budget. The commission rate should be set to maximize profit while also taking into account the relationship between commission rates and market penetration.
The company should aim to rent office space in neighborhoods with low commercial real estate costs and high market penetration, and adjust the office space size to meet the minimum requirements while minimizing costs.
Finally, the company should regularly monitor and adjust its strategy to adapt to changing market conditions.
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How does decreasing your credit card balance affect your income statement? (1 point)
It increases your monthly expenses, increasing the amount you spend each month.
It increases your monthly expenses, giving you more money to spend on other things.
It decreases your monthly expenses, increasing the amount you spend each month.
It decreases your monthly expenses, giving you more money to spend on other things.
The way in which decreasing your credit card balance would affect your income statement is that: D. It decreases your monthly expenses, giving you more money to spend on other things.
What is a credit card?A credit card simply refers to a small, rectangular flat card that is issued by a financial institution to its eligible customers, in order to avail them an opportunity to purchase goods and services on credit, especially based on the agreement that this amount of money would be paid back at a specific time and interest rate.
Generally speaking, a credit card balance can be defined as the total amount of money that an individual owe his or her credit card company. This ultimately implies that, a decrease in credit card balance would cause a decrease in monthly expenses, which avails the credit card holder more money to spend on other things.
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Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle
2. a payday loan
3. an unsecured installment loan
4. It decreases your monthly expenses, giving you more money to spend on other things.
5. Determine or estimate the current value of everything you own.
6. Their ability to repay a loan
7. your prior record of paying your bills and paying off your debts
8. your age and gender
9. You can request one online or over the phone.
10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.
11. -the lender that provided the incorrect information
-the credit bureau that prepared the report
12. right away
13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.
14. The longer the term, the more you will pay in interest.
15. It will cost you less money overall.
16. A store credit card generally comes with a higher interest rate.
17. You will save money if you pay the balance off quickly.
18. -Clarifying the confusing language found on credit card applications.
-Forcing lending companies to disclose interest rates and hidden fees.
19. It banned credit card companies from raising interest rates after missed payments.
20. -a fixed annual charge for the use of a credit card
-a charge if the minimum payment is not paid by the due date
21. paying off the balance before interest can accrue
22. $30
23. Determine which card has the higher interest rate and pay the extra money to that card first.
Explanation: All these answers are correct!
is sueing someone for 50,000 dollars for no reason an example of integrity because recently a neighbor in my neighborhood was being rude and then continued to say that people who are not like him do not have integrity... (before get further in just know this guy smokes weed and get drunk like every day and also know one of my other neighbors works for selling houses in my neighborhood) he then sues one of my neighbors who sells houses for no reason and for 50,000 dollars. So...is this integrity lol also let me know if I should tell more crazy stories in my life on brainly lol.
Answer:
ohExplanation:
.............................
Steve Marks owes $20,000 in medical bills, $300 to the public utility, $400 on a dental bill due this month, $35,000 on a 10 year student loan, and $120,000 on a 30 year home mortgage. What is Steve's total for current liabilities
Answer:
US$ 175.700
Explanation:
Based on the given information, the total of Steve Marks's current liabilities is 20,700.
What is Current liability?The simple payments that are outstanding within a year or during the course of a typical business cycle are known as current liabilities. These are the sums that each person or business must pay each year.
The formula for calculating the current liability is
Total current liabilities=Medical bills+Public utility+dental Bill
As given
Medical bills=$20,000
Public utility=$300
Dental bill=$400
In the given case, the student loan and home mortgage are excluded as they are not considered as current liabilities of the business payable in a year.
Current liabilities=$20,000+$400+$300
Current liabilities=$20,700
In conclusion, Steve Marks's current liabilities are $ 20,700.
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5 advantage and disadvantage of Market competition
landmark inc. is a multinational corporation that designs, develops, and sells consumer electronics. it recently invested significant resources into r&d, which resulted in a one-of-a-kind gadget that could be used as a tablet as well as a cellphone. the product has given landmark a leadership position in the market and rendered many existing products obsolete. in this scenario, landmark’s gadget is a
The term that that describes the product of landmark inc. who sells consumer electronics and her product stand as leadership position in the market is New-to-the-world products.
New-to-the-world products can be regarded as products that is just getting to market for first time.There are usually considered innovative product.Therefore, landmark inc in this sense is considered New-to-the-world products.
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which of the following is an example of a capital loss: jane received $2 in dividend for each share of ibm that she owned john saw the price of his apple stock increase by 10% sarah sold her microsoft stocks for $4,000 more than what she originally bought them for mike found the value of his house decrease by 10% and sold it.
An example of capital loss is when Mike realizes that his house has dropped in value by 10% and sells it.
A capital loss occurs when an asset is sold at a price lower than its adjusted base. Losses from the sale of private property such as B. Your home or car is not tax deductible.
Capital losses can be used to offset capital gains during the tax year. This allows you to remove some income from your tax return. If you have no capital gains to offset your capital loss, you can use up to $3,000 in annual capital losses to offset your regular income.
A cash dividend of $2 is income from an investment. Apple stock is down 10%, but he hasn't sold, so no capital loss yet. Microsoft stock sold for more than the purchase price, so it's a capital gain.
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1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels
Answer:monopoly
Explanation:
: QUESTION 9 Write the journal entry for each item: 1. Ariel Inc. purchases 2,000 shares of its $50 par value common stock for $180,000 cash on June 1. It will hold the shares in the treasury until resold. 2. On November 1, the corporation sells 1,000 shares of treasury stock for cash at $100 per share. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS I Paragraph Arial V AV 2 10pt Y . BADEB 員 田 तं (0) - >< P Blockquote !!! !!!
Sure! Here are the journal entries for the transactions mentioned:
1. On June 1, Ariel Inc.
purchases 2,000 shares of its $50 par value common stock for $180,000 cash:
Date: June 1
Account Debit Credit
--------------------------------------------
Treasury Stock $180,000
Cash $180,000
Explanation: The company debits the Treasury Stock account to record the purchase of its own stock. It credits the Cash account to reflect the cash outflow from the company.
2. On November 1, the corporation sells 1,000 shares of treasury stock for cash at $100 per share:
Date: November 1
Account Debit Credit
------------------------------------------
Cash $100,000
Treasury Stock $50,000
Additional Paid-in Capital $50,000
Explanation: The company debits the Cash account to record the cash inflow from the sale of treasury stock. It credits the Treasury Stock account for the cost of the shares ($50,000) and credits the Additional Paid-in Capital account for the excess of the selling price over the cost ($50,000).
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The internet makes it more difficult to participate in international trade.
TRUE OR FALSE
Answer:
TRUE
Explanation:
Because it's giving every player a chance.
Which of the following is an advantage of renting over
advantage of renting over buying a home?
Answer:
having to make a down payment..
An advantage of renting over buying a home and having to make a down payment. The correct option is D. Financial risks are lower when renting. You are aware of the precise monthly rent payment you will be making.
What is the most significant advantage of renting?The three biggest advantages of staying a renter, in Ramsey's opinion, are having more flexibility if you decide to move, not having to pay for home maintenance, and not having to spend as much money initially. Additionally, your landlord will handle all necessary repairs, upkeep, and other costs. There is no additional cost.
Renting offers convenience, consistent monthly costs, and maintenance assistance. Along with the concrete advantages of tax deductions and equity, home ownership also offers intangible advantages like a feeling of security and pride in one's possession.
Thus, the ideal selection is option D.
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Eloise, the director of Human Resources at her organization
Since Eloise is working to determine its human resource needs for the next five years, her first course of action is: assessing the future labor supply.
What is Human resources management?Human resources management (HRM) can be defined as an art that involves effectively and efficiently managing, controlling and improving the functions, number of employees or workers, activities that are being used by an organization.
This ultimately implies that, human resources managers are saddled with the responsibility of recruiting, managing and improving the welfare and working conditions of the employees working in an organization because they are the most important asset of any organization.
In conclusion, Eloise's first course of action is assessing the future labor supply for her organization.
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Complete Question:
Eloise, the director of human resources at her organization, is working to determine its human resource needs for the next five years. Eloise's first course of action is?
Planning , using a five step process.
products that have completed the manufacturing process and are ready to be sold by the manufacturer are called: select one: a. finished goods inventory. b. work in process inventory. c. saleable goods in process inventory. d. raw materials inventory. e. cost of goods sold.
The correct answer is "a. finished goods inventory." Finished goods inventory refers to products that have completed the manufacturing process and are ready to be sold by the manufacturer.
These products have already undergone all necessary production stages, including assembly, quality control, and packaging, and are waiting to be shipped to retailers or customers. Having finished goods inventory is crucial for manufacturers to meet customer demand and avoid stockouts, especially during peak seasons. However, manufacturers need to balance their inventory levels as holding excess finished goods inventory can tie up their capital and increase storage costs. In summary, finished goods inventory represents the final stage of a product's manufacturing process and is an essential component of a manufacturer's supply chain.
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_________ document allows a person to choose someone to act in their place for financial practices.
A Power of Attorney document allows an individual to choose someone to act in their place for financial practices.
The Power of Attorney record can be narrow or broad, relying on the headliner's needs and priorities. It is an essential legal paper that should be completed with the advice of an attorney to confirm that it satisfies all legal needs and delivers the required protections for the principal.
A power of attorney is a lawfully binding record that authorizes you to designate somebody to handle your possessions and medical, or economic affairs. It can be inelegant to consider requiring one, a power of attorney is an essential part of any inheritance plan.
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How do the events of the nation affect the national debt?
Answer: Growing debt has a direct effect on economic growth and the opportunities available to every individual in the country. If excessive levels of debt crowd out private or public or mutual investments in capital goods or works, workers would have less to use and get from their jobs, which would translate to lower productivity work and, therefore, lower wages in multiple aspects of the country's work done. High levels of debt would affect many other aspects of the economy in the future. For eq, higher interest rates result from increased borrowing from multiple agencies and invite under the various segments of college education house loan work loan. Less education and work opportunities will need skills up for various degrees and work to be followed under any scheme.
Explanation:
If we fail to act before a stipulated time the long time fiscal challenges will remain unaddressed and unchanged. The economic crisis and the overall economic environment weaken as confidence suffers, the access to capital funds gets reduced, interest costs crowd out key investments in our future, the conditions for growth deteriorate, and our nation is put at greater risk of economic crisis. If our long-term fiscal imbalance is not addressed, our future economy will be minimized, with fewer economic opportunities for families and workers down there in their own country.which of the following is true of crashing a project? a. it involves the removal of resources from selected project activities to reduce costs. b. it increases the total cost of the project. c. it increases the total time taken to complete the project. d. it is a trade-off between project revenue and additional input costs.
The option that is true regarding a crashing of the project, it is a trade-off between project revenue and additional input costs. Thus, option D is correct.
What is a project?A project is any individual or team activity, maybe incorporating research or design, that is deliberately planned to attain a certain aim.
A project may alternatively be described as a collection of inputs and outputs necessary to achieve a certain aim. Projects can be simple or complicated, and they can be handled by one or a hundred people.
The alternative that is true in terms of project crashing is a trade-off between project income and higher input expenses. As a result, option D is correct.
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