As ownership of the corporation is diffused, shareholders' ability to monitor managerial decisions decreases.
A company is an organization that usually includes a group of individuals or businesses that have been authorized by the state to operate as a single entity and recognized by law for certain purposes. The first companies were established with a charter.
Most governments now allow the registration of new companies. While there are different types of companies, they are generally classified according to the laws of the country in which they are incorporated based on their ability to issue shares or the purpose for which they are incorporated.
Hence the correct option is B
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ONE TWO THREE FOUR _______________.
Answer:
I declare a thumb war?
Explanation:
Answer:
5
Obviously it’s 5 your welcome
The value of a share of common stock depends on the cash flows it is expected to provide, and those flows consist of the dividends the investor receives each year while holding the stock and the price the investor receives when the stock is sold. The final price includes the original price paid plus an expected capital gain. The actions of the marginal investor determine the equilibrium stock price. Market equilibrium occurs when the stock's price is -Select- its intrinsic value. If the stock market is reasonably efficient, differences between the stock price and intrinsic value should not be very large and they should not persist for very long. When investing in common stocks, an investor's goal is to purchase stocks that are undervalued (the price is -Select- the stock's intrinsic value) and avoid stocks that are overvalued. The value of a stock today can be calculated as the present value of -Select- stream of dividends:
Answer:
marginal investor
equal
less
infinite
Explanation:
the value of a stock depends on the sum of the value of the dividend yield and capital gains yield
dividend yield = dividend / price of the stock
capital gains yield is a change in the value of the stock as a result of appreciation in the value of the stock.
The intrinsic value of a stock can be calculated using various dividend models. some of them include :
The Gordon constant growth dividend model The two stage dividend growth model The H-model The three stage dividend growth modelThe market is in equilibrium when price equal intrinsic value
a stock is undervalued when the price of the stock is less than its intrinsic value
A stock is overvalued when the price of the stock is greater than its intrinsic value.
An investor would want to purchase a stock that is undervalued so that they can take advantage of increase in the value of the stock
Th dividend used to calculate the intrinsic value is infinite. This is because dividends are paid infinitely as long as the investor holds the stock and the company exists
On January 1, 2021, Ackerman sold equipment to Brannigan (a wholly owned subsidiary) for $210,000 in cash. The equipment had originally cost $189,000 but had a book value of only $115,500 when transferred. On that date, the equipment had a five-year remaining life. Depreciation expense is computed using the straight-line method. Ackerman reported $310,000 in net income in 2021 (not including any investment income) while Brannigan reported $101,300. Ackerman attributed any excess acquisition-date fair value to Brannigan's unpatented technology, which was amortized at a rate of $4,100 per year. What is consolidated net income for 2021? What is the parent's share of consolidated net income for 2021 if Ackerman owns only 90 percent of Brannigan? What is the parent's share of consolidated net income for 2021 if Ackerman owns only 90 percent of Brannigan and the equipment transfer was upstream? What is the consolidated net income for 2022 if Ackerman reports $330,000 (does not include investment income) and Brannigan $111,400 in income? Assume that Brannigan is a wholly owned subsidiary and the equipment transfer was downstream. a. consolidated net income for 2021 b. parents share of consolidated net income c. parents share of consolidated net income d. consolidated net income for 2022
a. Consolidated net income for 2021: $407,200
b. Parent's share of consolidated net income for 2021: $366,480
c. Parent's share of consolidated net income for 2021 (upstream transfer): $366,480
d. Consolidated net income for 2022: $441,400
Given information:
- Equipment transfer: Ackerman sold equipment to Brannigan for $210,000.
- Equipment cost: The equipment originally cost $189,000.
- Book value: The equipment had a book value of $115,500 when transferred.
- Remaining life: The equipment had a five-year remaining life on January 1, 2021.
- Depreciation method: Straight-line method.
- Ackerman's net income in 2021: $310,000 (excluding investment income).
- Brannigan's net income in 2021: $101,300.
- Excess fair value: The excess acquisition-date fair value is attributed to Brannigan's unpatented technology and amortized at $4,100 per year.
- Ownership percentage: Ackerman owns 90% of Brannigan.
a. Consolidated net income for 2021:
Consolidated net income is the sum of the net incomes of the parent (Ackerman) and the subsidiary (Brannigan), adjusted for any intercompany transactions.
Consolidated net income = Parent's net income + Subsidiary's net income - Amortization of excess fair value
Consolidated net income = $310,000 + $101,300 - $4,100
Consolidated net income = $407,200
b. Parent's share of consolidated net income for 2021:
The parent's share is calculated based on the ownership percentage.
Parent's share of consolidated net income = Consolidated net income * Ownership percentage
Parent's share of consolidated net income = $407,200 * 0.9
Parent's share of consolidated net income = $366,480
c. Parent's share of consolidated net income for 2021 (upstream transfer):
If the equipment transfer was upstream, the parent's share remains the same because it is based on ownership percentage and consolidated net income.
Parent's share of consolidated net income = $366,480
d. Consolidated net income for 2022:
To calculate the consolidated net income for 2022, we need the net incomes of both Ackerman and Brannigan.
Consolidated net income = Parent's net income + Subsidiary's net income
Consolidated net income = $330,000 + $111,400
Consolidated net income = $441,400
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_____ allows industries, organizations, and companies to approach business decisions from different perspectives. Arbitration Ergonomics Tolerance Workforce diversity
Answer:
Workforce diversity
Explanation:
Workforce diversity refers to similarities and differences between employers and employees in terms of their race, religion, gender, perspectives and opinions.
Diversity is important for every industry, organization, and company since people have different perspective and views, they approach business problems differently, leading to different solutions. Diversity leads to increase profits, creativity, wide range of skills e.t.c.
What is influencing the change in cost of garden hoses worldwide ?
A. german economy
B. U.S economy
C. Internet Availability
D. Hose availability
Answer:
D. Hose availability
Explanation:
Check which of the following are good tips for cutting down on impulse buying:
Statement: Good: Bad:
When you're going shopping, take a list, and stick to it!
Ask yourself, "Do I need this, or do I just want this?"
Always buy the newest model of something the minute it comes out.
Always grab the brand name product first!
Plan big-deal buys like a computer or a car—never buy them on impulse.
Don't be a fashion groupie—resist this month's "in" look.
Don't let small money burns keep you from making big but good money burns.
Don't ever question a seller's motive.
Answer:
Statement: Good: Bad:
When you're going shopping, take a list, and stick to it!
Good
Ask yourself, "Do I need this, or do I just want this?
Good
Always buy the newest model of something the minute it comes out.
Bad
Always grab the brand name product first!
Bad
Plan big-deal buys like a computer or a car—never buy them on impulse. Good
Don't be a fashion groupie—resist this month's "in" look.
Good
Don't let small money burns keep you from making big but good money burns.
Good
Don't ever question a seller's motive.
Bad
Explanation: Just got right.
When you're going shopping, take a list, and stick to it!
GOOD
WHY?
Shopping lists aid in the reduction of purchases made while shopping. Shopping lists tend to reduce purchases because they remind shoppers of their goals and highlight unplanned purchases.
Ask yourself, "Do I need this, or do I just want this?"
GOOD
WHY?
"Want" means to have a strong desire to own or do (something). "Need" means require (something) because it is necessary or extremely important rather than merely desirable. We should invest a bigger part of our capital into what we need rather than spending it on what we want.
Always buy the newest model of something the minute it comes out.
BAD
WHY?
Every product launches a new and upgraded version of its previous products at regular intervals. Hence, if we always try to keep up with the upgrades irrespective of their requirement in our lives presently just for the sake of the trend, we over-spend.
Always grab the brand name product first!
BAD
WHY?
90% of the time can get the same quality products at much more affordable rates from smaller brands. At times we don't pay for the quality of the product, rather we just pay for the brand name.
Plan big-deal buys like a computer or a car—never buy them on impulse.
GOOD
WHY?
Research, saving up, and looking for offers and better alternatives are all parts of planning. It's better to carry all these out before making such expensive investments.
Don't be a fashion groupie—resist this month's "in" look.
BAD
WHY?
Being a fashion groupie just to keep up with the trends and people-pleasing does nothing more than heightening your expenses because fashion trends are never-ending.
Don't let small money burns keep you from making big but good money burns.
GOOD
WHY?
It's always better to make a big investment in a better quality product rather than compromising the quality just for the sake of prices and then spend again and again on repairing it and buying another one after a short period.
Don't ever question a seller's motive.
BAD
WHY?
It's a seller's sole motive to make a profit out of every smallest thing possible and we should keep in mind that in this case, a seller would prioritize his profit more than the consumer's right over a good quality product.
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Personal selling can be part of ____ and involves direct spoken communication between sellers and customers
Process
Price
Promotion
Product
Personal selling can be part of Promotion and involves direct spoken communication between sellers and customers.
What is Personal selling?
Personal selling is a face-to-face sales method where a salesman uses their people abilities to convince a consumer to purchase a specific product. The salesperson tries to persuade the consumer that the product will only add value by emphasizing its different qualities.
Door-to-door sales are one of the typical forms of personal selling. To market and sell the goods/services, salespeople knock on the doors of potential clients. With their excellent interpersonal skills, they attempt to persuade people to purchase from them.
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New Steel Products has total assets of $728,572, a total asset
turnover rate of 1.58, a debt-equity ratio of 1.92, and a return on
equity of 0.26. What is the firm's net income?
New Steel Products has a net income of $124,260.81. This means that after accounting for all expenses and taxes, the company has earned a profit of $124,260.81.
To find the firm's net income, we can use the formula:
Net Income = Return on Equity * Total Equity
We need to determine the firm's total equity before we can calculate the net income. The formula for total equity is:
Total Equity = Total Assets - Total Debt
Given that the firm has a debt-equity ratio of 1.92, we can calculate the total debt as follows:
Total Debt = Total Equity / Debt-Equity Ratio
Plugging in the values, we get:
Total Debt = Total Assets / (1 + Debt-Equity Ratio)
= $728,572 / (1 + 1.92)
= $728,572 / 2.92
= $249,853.42
Now, we can calculate the total equity:
Total Equity = Total Assets - Total Debt
= $728,572 - $249,853.42
= $478,718.58
Finally, we can calculate the net income:
Net Income = Return on Equity * Total Equity
= 0.26 * $478,718.58
= $124,260.81
Therefore, the firm's net income is $124,260.81.
New Steel Products has a net income of $124,260.81. This means that after accounting for all expenses and taxes, the company has earned a profit of $124,260.81.
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most business messages are crafted using a(n) ______ approach.
Most business messages are crafted using a direct approach. The direct approach is a communication strategy that presents the main point or purpose of the message at the beginning, followed by supporting details and explanations.
This approach is commonly used in business communication, such as in emails, memos, and reports, as it is effective in conveying information quickly and efficiently.Most business messages are crafted using a direct approach. This approach is characterized by starting with the main message or request and supporting it with details or explanations. The direct approach is often used when the message is routine or when the reader is likely to be receptive to the request.
In contrast, the indirect approach begins with background or explanation and leads up to the main message or request. The indirect approach is typically used when the message is sensitive, bad news, or when the reader is likely to be resistant to the request. Choosing the appropriate approach depends on factors such as the purpose of the message, the audience, and the message's context.
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the ____ quantifier specifies that zero or more of the preceding characters can match.
The asterisk (*) quantifier specifies that zero or more of the preceding characters can match.
In regular expressions, quantifiers are used to specify the number of occurrences of a character, group, or character class in the pattern. The asterisk quantifier indicates that the preceding character, group, or character class can match zero or more times. For example, the regular expression "ab*c" would match "ac", "abc", "abbc", "abbbc", and so on, because the asterisk allows for zero or more occurrences of the letter "b".
Other commonly used quantifiers in regular expressions include the plus sign (+), which specifies one or more occurrences of the preceding character, and the question mark (?), which specifies zero or one occurrence of the preceding character. The curly braces ({}) can be used to specify a specific number of occurrences, such as {3} for exactly three occurrences, or {2,5} for two to five occurrences.
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How much does a general ledger make?
A general ledger typically earns a salary that is commensurate with their experience and education.
In the United States, the median salary for a general ledger is approximately $70,000 per year. A general ledger is responsible for maintaining the financial records of a company. This includes keeping track of all income and expenses, as well as preparing financial statements.
A general ledger typically has a four-year degree in accounting or business administration. A general ledger is used in accounting to record all of a company's transactions. Transactional data in a general ledger is classified as assets, liabilities, revenues, expenses, and owner's equity.
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Currently, the price of good W is $50 and the quantity demanded is 35,000 units. In past studies, the price elasticity of demand for W was found to be -0.25. If the price of W is expected to increase to $60, calculate the resulting expected number of units that will be demanded.
The resulting change in the quantity demanded is a five percent decrease.
What is the elasticity of demand?Elasticity of demand measures the percentage change in quantity demanded in relation to the percentage change in price.
Elasticity of demand = percentage change in quantity demanded / percentage change in price.
percentage change in price = ($60 / $50) - 1 = 0.2 = 20%
percentage change in quantity demanded = -0.25 x 20% = -5%
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When towing someone with a pwc, one of the requirements is?
When towing someone with a pwc, An observer or wide-angle rearview mirror is needed.
What is Towing?Towing can be regarded as the coupling of two or more objects together using a power source so as to pull them along.
Therefore, when towing is needed there should be a rearview mirror to monitor things to avoid damage to other object.
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as a kentucky listing agent, when are you required to deliver the completed seller’s disclosure of property conditions form to a prospective buyer?
As a Kentucky listing agent, you are required to deliver the completed Seller's Disclosure of Property Conditions form to a prospective buyer before they make an offer or enter into a purchase agreement. In Kentucky, the Seller's Disclosure of Property Conditions form plays a crucial role in real estate transactions. As a listing agent, you have a legal obligation to provide this completed form to prospective buyers in a timely manner.
The Seller's Disclosure of Property Conditions form contains important information about the property's condition, including known defects, repairs, and other relevant details that could influence the buyer's decision.
The specific requirement in Kentucky is to deliver the completed Seller's Disclosure of Property Conditions form to the prospective buyer before they make an offer or enter into a purchase agreement. This ensures that the buyer has access to essential information about the property's condition before making a decision. Providing the form early in the process, allows the buyer to make an informed choice and helps establish transparency and trust between the buyer and seller.
It is important to note that failure to provide the completed Seller's Disclosure form as required by Kentucky law can result in legal consequences and potential disputes. Therefore, as a listing agent in Kentucky, it is crucial to comply with this requirement and deliver the form to prospective buyers in a timely manner.
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4.Dublin Company holds a 30% stake in Club Company which was purchased in 2018 at a cost of $3,000,000. After applying the equity method, the Investment in Club Company account has a balance of $3,040,000. At December 31, 2018 the fair value of the investment is $3,120,000. Which of the following values is acceptable for Dublin to use in its balance sheet at December 31, 2018?
I. $3,000,000
II. $3,040,000
III. $3,120,000
a. I, II, or III.
b. I or II only.
c. II only.
d. II or III only.
Please show your work!!
Dublin Company should report its 30% stake in Club Company on its balance sheet at $3,120,000, which is the fair value of the investment at December 31, 2018. Therefore, the acceptable value for Dublin to use is III. $3,120,000.
The equity method requires the initial investment to be recorded at cost and then adjusted for the investor's share of the investee's earnings or losses. The Investment in Club Company account has a balance of $3,040,000 after applying the equity method.
However, the fair value of the investment at December 31, 2018 is $3,120,000, which is higher than the carrying value. Under the equity method, the carrying value is not adjusted to fair value, but the fair value can be disclosed in the notes to the financial statements.
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an account planner is planning their company's online advertising budget on a monthly basis. they choose ads performance planner for help accomplishing this task. which two advantages does performance planner offer? (choose two.)
The correct response is d. Leverage of machine learning for forecasting.
In essence, forecasting enables a corporation to examine past trends along with their present position and predict a future. In order to predict sales, budgets, and other things, you can use business forecasting tools. You can define and achieve goals by having a clear view of the potential of your company using data and industry trends. In marketing and sales, strategic forecasting is the process of predicting future demand and sales growth using benchmarks, historical data, and other information and considerations. Click Forecast Sheet in the Forecast group, which is located on the Data tab. Choose a line chart or a column chart from the Create Forecast Worksheet box to show the forecast visually. Select a conclusion by clicking Create after selecting a date in the Forecast End box.
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. Your balance on October 29 is $237. 47.
• You forgot to ask your mom to write a check for a field trip. The check is due today, October 29, so you write a chec
your own (#115) for $18. 00 to TRECA High School.
• You get a paycheck for October 15-30 for $62. 75 on October 30.
• Your birthday is November 4 and you get a check from your grandmother for $25. 0. You deposit it that day.
• On November 5, you go to a sporting event and run out of money. You usfile the ATM in the lobby to get $15 for sna
. Your credit card bill is due on November 10, so on November 1st, you write a check (#116) to Credit USA for $51. 16.
• Your sister, Ann, owes you money. She pays you $20 on November 10th.
• You need to buy flowers for the dance. You go to the ATM on November 12th and withdraw $25.
• You deposit your paycheck (for November 1-15) for $65. 65 on November 16.
• Your Aunt Jane, who is always late, sends you a birthday check that you receive on the 12th of November, but you'r
and you don't deposit it until the 17th. The check is for $35
After considering all the transactions, the final balance calculation in the account is $336.71. This amount reflects the initial balance and the subsequent deposits and withdrawals throughout the given period.
Here is the breakdown.
1. Starting balance on October 29: $237.47
2. Write a check (#115) for a field trip: -$18.00
New balance: $219.47
3. Receive a paycheck on October 30: +$62.75
New balance: $282.22
4. Deposit a birthday check from your grandmother on November 4: +$25.00
New balance: $307.22
5. ATM withdrawal for a sporting event on November 5: -$15.00
New balance: $292.22
6. Write a check (#116) to Credit USA on November 1st: -$51.16
New balance: $241.06
7. Receive money from your sister, Ann, on November 10: +$20.00
New balance: $261.06
8. ATM withdrawal for flowers on November 12: -$25.00
New balance: $236.06
9. Deposit your paycheck on November 16: +$65.65
New balance: $301.71
10. Deposit Aunt Jane's birthday check on November 17: +$35.00
Final balance: $336.71
After all these transactions, your balance will be $336.71.
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Your boss has told you to hire four more people to help you keep track of inventory. What kind of need is this?
a. personal need
b. business operations need
c. business resource need
d. business revenues need
The kind of need that arises when a boss asks someone to hire more people to keep track of inventory is a business resource need
A business resource need is a demand for an extra resource or equipment that a company needs to function properly. In the example provided above, the company needs four more people to help keep track of its inventory.A personal need is a private desire that is not linked to business operations or requirements. For example, someone may require a day off work to attend their child's soccer game, but it has no effect on business operations or resources.A business operations need refers to a specific requirement or equipment that a company requires for its operations.
For example, an office that needs more tables and chairs to accommodate a growing number of workers. Business revenues need refers to a requirement for more revenue to support the business operations. For example, if a company needs more money to pay its workers, it will need more revenue.The best option that fits the given situation is business resource need.
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what is one major advantage of creating a division of labor?
Division of Labor's Benefits Many of the benefits of dividing labor in the workplace are self-evident. Saving time is one of them. Assigning tasks to each employee that are best suited to her abilities. Productivity is rising. For the tasks at hand, you only need one set of tools rather than many.
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when business owners look at leading economic indicators, they generally are doing this to help predict what will happen over the following___
three to nine weeks
there to six years
six to nine months
three to six months
How much interest would a person pay to borrow $700 for 9 months at 10 percent?
The principal is Rs 10,000, the interest rate is 10%, and the loan term is six years. The simple interest can be calculated as follows: A = 10,000 (1+0.1*6) = Rs. 16,000. Interest is 16000 divided by 10,000, or Rs. 6,000.
What is interest rate?The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate.
The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.
The interest rate over a year is known as the annual interest rate. Other interest rates are applicable over shorter time frames, such a day or a month, but they are typically annualized.
An index of the preference for a dollar of present over a dollar of future has been used to describe the interest rate.
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what is the primary source of fuel in south america
When you look out your window and see a large, brown truck parked in your driveway, with a person in a brown uniform carrying a package to your front door, do you know who it is without reading the truck’s lettering? Maybe you recognize the standard colors of UPS—a package delivery service that falls into the Transportation and Logistics Career Cluster. Do some research online to find four specific jobs at UPS. See if you can identify the career pathway that each one falls under. Then describe the location in which each professional would likely work.
Answer: There are many different types of people the work at UPS here are a few. First of all, there is a Warehouse worker that works in a warehouse and sorts out packages. Secondly, there is an automotive technician wich changes and repairs basic truck parts and works at the truck lot or in a garage. Also, there is a billing associate which works in a corporate office. Lastly, there is a delivery person the most commonly known UPS worker that delivers packages to people and works mainly on the road (in a truck on the road not literally like a construction worker on the road).
Explanation:
Here are just a few of the many different types of people who work at UPS. First, there is a warehouse worker who organizes parcels while working in a warehouse. Second, there is an automobile mechanic who works at a truck lot or in a garage and changes and fixes standard truck parts.
What is meant by Transportation and Logistics ?Logistics refers to acquiring, producing, and distributing commodities to a final consumer in the appropriate quality. The planning, management, and use of procedures for the most effective and efficient storage and movement of goods and services are all included in the field of logistics science.
Services and other information are sent through logistics channels from the source point to the consumer in order to satisfy and meet customer needs. In comparison to transportation services, logistics has more benefits and completes more tasks. Logistics managers must make decisions based on aspects such as packaging, containerization, documentation, insurance, storage, importing and exporting, rules, and freight damage.
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Scenario 1:
You are the CEO/ President of a mid-size firm that deals with sales for clients in where you provide IT services for them. You have multiple clients, however, this one isn't happy with the performance that your organization is paid to supply for them. They have decided not to renew the contract, so you are forced to do a 25% employee layoff. What approach would you take, how would you start the letter to them explaining such (this is to be designed around sending the e-mail and then to follow up with a live conference for different types of severances, etc. What do you tell them, why? It is up to you to use your imagination to write this part of the assignment, but as long as it follows the proper communication path for this scenario. Key points to remember, what comes first, facts or a summary for this model? What are you going to write them? How are you going to comfort their emotional stances on this?
Scenario 2:
You are the CEO/ President of a different company, which the company in Scenario 1 is your competition. You found out that the client of Scenario 1 has selected your company to take over the management of their IT services. Just like Scenario 1, which approach do you take in sending out an e-mail for this great news, which will allow you to grow and bring in more talent. What topics would you discuss in the e-mail? What would you say the facts are and the summary?
Scenario 1:
If you are the CEO/ President of a mid-size firm and one of your clients has decided not to renew the contract because they are not happy with your company's performance, you will need to communicate effectively with them and provide a 25% employee layoff.
The approach you should take to start the letter should be formal and straightforward. You can start with a summary of the problem and then provide the facts that support the summary. It is advisable to begin with the negative news, i.e., informing them that their contract will not be renewed. After this, you can provide the reasons for the decision. Be honest about why the company's performance wasn't satisfactory, and be sure to address how you plan to prevent such mistakes from happening in the future.
As for the 25% employee layoff, you should let them know that the company's decision to reduce its staff size is an effort to cut costs. To comfort their emotional stances on this, you can inform them that you understand their frustrations and that your company takes their feedback seriously and is working towards a solution.
After sending the letter, you should set up a live conference to explain severance packages and to address any other concerns the client may have. Remember to be empathetic, transparent, and professional throughout this process.
Scenario 2:
If you are the CEO/ President of a different company, and you find out that a client has selected your company to take over the management of their IT services, you should be excited and grateful.
The approach you should take in sending out an email should be congratulatory and appreciative. Begin with a summary of the good news and the facts that support the summary. In the email, you should let them know that you appreciate the opportunity to take over their IT services and that you are committed to providing them with the best service possible.
You can discuss topics such as the strengths of your company and how they align with the needs of the client. You can also mention your team's expertise, the company's experience, and any notable achievements. Keep the tone of the email professional and friendly, and avoid being too boastful or arrogant. In summary, you should express your gratitude, highlight your company's strengths, and assure them that they made the right decision by choosing your company.
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Shadee Corporation expects to sell 510 sun shades in May and 320 in June. Each shades sells for $16. Shadee’s beginning and ending finished goods inventories for May are 65 and 60 shades, respectively. Ending finished goods inventory for June will be 60 shades. It expects the following unit sales for the third quarter: July 530 August 480 September 430 Sixty percent of Shadee’s sales are cash. Of the credit sales, 54 percent is collected in the month of the sale, 36 percent is collected during the following month, and 10 percent is never collected. Required: Calculate Shadee’s total cash receipts for August and September. Note: Do not round your intermediate calculations. Round your answers to the nearest whole dollar.
Shadee Corporation's total cash receipts for August and September are $6,360.96 and $6,748.84, respectively. So the answer is $6,360.96 and $6,748.84,
To calculate Shadee Corporation's total cash receipts for August and September, we need to consider the cash and credit sales for those months, as well as the collection pattern for credit sales.
First, let's calculate the cash sales for August and September:
August cash sales: 480 units x 60% (cash sales percentage) x $16 (selling price per shade) = $4,608
September cash sales: 430 units x 60% (cash sales percentage) x $16 (selling price per shade) = $4,128
Next, let's calculate the credit sales for August and September:
August credit sales: 480 units x 40% (credit sales percentage) = 192 units
September credit sales: 430 units x 40% (credit sales percentage) = 172 units
Now, let's determine the collection pattern for credit sales:
August collections (month of sale): 192 units x 54% (collection percentage) x $16 (selling price per shade) = $1,752.96
September collections (following month): 192 units x 36% (collection percentage) x $16 (selling price per shade) = $1,174.08
Uncollected credit sales from August: 192 units x 10% (uncollected percentage) x $16 (selling price per shade) = $307.20
Finally, let's calculate the total cash receipts for August and September:
August cash receipts: Cash sales for August + Collections from August = $4,608 + $1,752.96 = $6,360.96
September cash receipts: Cash sales for September + Collections from August + Collections from September - Uncollected credit sales from August = $4,128 + $1,752.96 + $1,174.08 - $307.20 = $6,748.84
Therefore, Shadee Corporation's total cash receipts for August and September are $6,360.96 and $6,748.84, respectively.
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The signature on a message regarding a transaction _____.A. should include complete contact informationB. should include the person's full name and titleC. is usually the person's first and last nameD. is usually just the person's first name
The signature on a message regarding a transaction should include complete contact information.
The signature on a message regarding a transaction should include complete contact information. This typically includes the person's full name, title, organization, email address, phone number, and any other relevant contact details. Providing complete contact information ensures that the recipient of the message can easily identify and reach out to the sender for further clarification or follow-up regarding the transaction. It adds credibility and professionalism to the communication and facilitates efficient and effective correspondence.
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In economic analysis, people's resources are Selected Answer: limited and their wants are also limited. Answers: limited and their wants are unlimited. unlimited and their wants are limited. unlimited and their wants are also unlimited. limited and their wants are also limited
Answer:
limited and their wants are unlimited.
Explanation:
In economics, resources are scarce and limited, but consumers' needs are unlimited. Unsatisfied needs or desires are theoretically unlimited, because as soon as you satisfy one need, you find out that you have another need that is unsatisfied. Some economic agents have more disposable resources than others, e.g. one country might have a large population and a lot of land, but their capital is short. The only resource that is scarce for everyone in the same manner is time.
Many HRIS products provide real-time reporting and even screen-based historical information about the employees and/or the functional unit that can provide the ______ with the information he or she needs to make important business decisions.
Many HRIS products provide real-time reporting and even screen-based historical information about the employees and/or the functional unit that can provide the management with the information he or she needs to make important business decisions.
HRIS stands for Human Resource Information System. It is a software solution that automates the HR-related tasks in an organization. It enables HR professionals to focus more on the strategic tasks by automating the repetitive and time-consuming ones. It helps in maintaining the employee database, tracking employee performance, storing employee documents, and providing real-time reports.
HRIS provides various features like employee self-service, time and attendance tracking, payroll management, benefits administration, recruitment management, and performance management. HRIS can be deployed on-premise or in the cloud. It is an essential tool for the HR department to manage the employees' information and make informed decisions.
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“Creditors do not actually have to worry about their dues in case the business fails.” In which
form of business is this possible? Which special feature is highlighted in this statement ?
Answer:
Sole proprietorship
The sole proprietor(not creditors but creditor) bears all losses
Explanation:
Sole proprietorship is a form of business in which there is no legal difference between the owner and the business entity as both are one and the same. The term 'sole' connotes 'only' while 'proprietorship' connotes 'owner(ship)'; it is also referred to as individual entrepreneurship. This is because only the owner of the business (the proprietor) bears all the risks (losses, debts, legal actions etc) and benefits (profits, dividends etc) of the business venture. He owns all the assets of the business venture, debts as well as the legal actions (whether positive or negative); when business is faring well, he enjoys a handsome profit and when business is struggling, he also bears the brunt of it.
The special feature highlighted in the statement above is the reality that the "creditors" refers simply and only to the proprietor (the owner of the business); in which case, if the business fails, the proprietor does not have to bother about the backlash from creditors' pressures, legal actions etc. He is the sole bearer of the losses of the business venture.
What do we call a business that focused on building products that meet consumers' needs?
Answer: Market oriented business
Explanation:
Market orientation refers to the business philosophy whereby companies identifies the needs of their customers and make products that meet such needs or wants.
A business that's using market orientation will research the current trends in the market and make products that meet them. Strong brands use market orientation approach to meet customers needs.