At the end of Year 5, your consulting firm has been hired by a local service firm to help forecast future uncollectible accounts. For each of the prior five years, you ask the service firm to provide data on the age categories of year-end accounts receivable and the percentage of those accounts that eventually proved uncollectible. With these historical percentages, you estimate a trend line (dashed line) to predict the percentage of uncollectible accounts for Year 6, the upcoming year. Graphs were provided to management from your analysis of each of the three age categories, as well as balances of accounts receivable by age category at the end of Year 5 as follows: Percentage of Uncollectible Accounts: Not Yet Past Due 1-30 Days Past Due Over 30 Days Past Due 8% 18% 46% % 17% 6% 16% 44% -16% 6% 16% 4% 43% 5% 5% 15% - 4% 14% 42% 42% 42% 14% 14% 4% 41% 3% 2% 40% 12% 40% 10% 38% 0% 3 4 5 6 Year 1 Year 1 2 4 6 Year 1 3 4 5 6 Accounts Receivable by Age: End of Year 5 $140,000 $128,000 $120,000 $100,000 $84,000 $80,000 $60,000 $35,000 $40,000 $20,000 $0 Not Yet Past Due 1-30 Days Past Due Over 30 Days Past Due Click here to open the graphs in a new tab. Required: 1. Which age categories predicts the lowest percentage of uncollectible accounts for Year 6? 2. Which age categories predicts the highest percentage of uncollectible accounts for Year 6? 3. What is the dollar amount of accounts receivable that are 1-30 days past due at the end of year 5 (bottom graph)? 4. Calculate the total amount of estimated uncollectible accounts for Year 6 (Hint: Use all three age categories)? 5. Assume the balance of Allowance for Uncollectible Accounts is $4,850 (credit) at the end of Year 5 (before any adjustment). Prepare the adjusting entry at the end of Year 5. 6. Determine the amount of net accounts receivable the company would report at the end of Year 5. 96
Answers
1. The age category that predicts the lowest percentage of uncollectible accounts for Year 6 is the "Not Yet Past Due" category, with an estimated 4% uncollectibility.
2. The age category that predicts the highest percentage of uncollectible accounts for Year 6 is the "Over 30 Days Past Due" category, with an estimated 42% uncollectibility.
3. The dollar amount of accounts receivable that are 1-30 days past due at the end of Year 5 is $84,000.
4. To calculate the total amount of estimated uncollectible accounts for Year 6, use the percentages for each age category and the balances of accounts receivable at the end of Year 5:
- Not Yet Past Due: $140,000 * 4% = $5,600
- 1-30 Days Past Due: $84,000 * 14% = $11,760
- Over 30 Days Past Due: $35,000 * 42% = $14,700
Total estimated uncollectible accounts for Year 6: $5,600 + $11,760 + $14,700 = $32,060
5. To prepare the adjusting entry at the end of Year 5, calculate the difference between the estimated uncollectible accounts for Year 6 and the current balance of Allowance for Uncollectible Accounts:
- $32,060 (estimated uncollectible accounts) - $4,850 (current balance) = $27,210 (adjustment needed)
The adjusting entry would be:
Debit: Bad Debt Expense $27,210
Credit: Allowance for Uncollectible Accounts $27,210
6. To determine the amount of net accounts receivable the company would report at the end of Year 5, subtract the adjusted balance of Allowance for Uncollectible Accounts from the total accounts receivable:
- $140,000 (Not Yet Past Due) + $84,000 (1-30 Days Past Due) + $35,000 (Over 30 Days Past Due) = $259,000 (total accounts receivable)
- $32,060 (adjusted balance of Allowance for Uncollectible Accounts)
Net accounts receivable at the end of Year 5: $259,000 - $32,060 = $226,940
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Related Questions
3. Describe the four different types of competition in the private enter-
prise system. In which type of competition would each of the following
businesses be likely to engage?
a. United Airlines
b. a small CrossFit gym
c. a steel mill
d. a large farm whose major crop is wheat
e. Apple
Answers
The type of competition would each of the following businesses be likely to engage - d. a large farm whose major crop is wheat.
What are the four categories of economic competition?Perfect competition, monopolistic competition, oligopoly, and monopoly are the four subtypes of economic market arrangements. Because of the following traits, the classifications are different: In situations of perfect and monopolistic competition there are many producers, few in oligopolies, and one in monopolies.
Which two kinds of rivalry are prevalent in a private enterprise system?First of all, perfect competition occurs when there are numerous buyers, identical suppliers, and goods being supplied. The second situation is a monopoly, in which a single buyer in the economy supplies goods that are not readily available elsewhere on the market.
Economic entities created by profit-driven businesspeople who use resources to produce goods and services for sale.
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The Tolar Corporation has 400 obsolete desk calculators that are carried in inventory at a total cost of $576,000. If these calculators are upgraded at a total cost of $170,000, they can be sold for a total of $230,000. As an alternative, the calculators can be sold in their present condition for $40,000. What is the financial advantage (disadvantage) to the company from upgrading the calculators?
Answers
Answer:
$20,000
Explanation:
Given :
Total cost of inventory= $576,000
Upgraded cost of calculator =$170,000
Sold cost of calculator =$230,000
Present sales cost = $40,000.
The incremental revenue of the calculator of sales can be determined by
\(= Sold\ cost\ of\ calculator\ -\ Upgraded\ cost\ of\ calculator\\)
=$230,000 - $170,000
=$60,000
Therefore financial advantage to the company from upgrading to the calculators can be determined
\($\ 60,000- $40,000\\\)
=$20,000
The repair service that fixes your farming equipment doesn’t seem to fix your plow correctly. The technician says that if you are not happy, you can buy a new plow from him, but the cost is extremely high. Do you have other options available to you for higher-quality repairs or cheaper equipment? Explain your answer.
Answers
Answer:
Your best option would be for higher quality repairs and higher quality equipment, this would save you more money and time in the long run where you have the ability to do other things.
Explanation:
Mark as Brainliest please!
Ill give u a cookie
Answer:
No, because in command economies, there is no competition. So, there are no other repair services that would offer higher-quality repairs or cheaper equipment. Additionally, no incentive exists for the technician to provide high-quality service.
Explanation:
the actual answer
what is the orgiginal retail price of a sweater that has been discounted by 40% for a sale price of $36
Answers
$5.40is the sale price of the sweater.
What is sale price?The selling price is often the cost at which something was sold. When discussing real estate, you might hear this specific phrase. It is common for a list price or asking price to be greater or lower than the final sale price. The term "sale price" designates a price that is temporarily reduced. The price at which products or services are being sold at a discount is known as the sale price. This price is normally provided for a short time, mainly to boost sales during a slow period or to get rid of excess inventory. The promotional discount is presented as a percentage reduction from the list price.
We can do this a couple of ways. First I'll do it by finding the discount and subtracting it from the original price:
\(& \$ 36 \times 85 \%=\$ 36 \times .85=\$ 30.60 \\\)
\(& \$ 36-\$ 30.60=\$ 5.40\)
We can approach this issue differently if we don't care about the size of the discount and are only interested in the sale price: if the sweater's original price was $36 and that represents 100% of the cost, and it has since been reduced by 85%, only 15% of the original cost remains, so we can write:
\($\$ 36 \times(100 \%-85 \%)=\$ 36 \times(15 \%)=\$ 36 \times .15=\$ 5.40$\)
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Total sales: $60,230 Rate of commission: 6% on first $40,000
7% on next $10,000;
8% on sales over $50,000
Income: ?
Answers
Answer:
1000000 wdnjdkdidhxh fdjjxifid
When Denisha sells the jewelry she makes at craft fairs or on her personal website, she is utilizing a(n) ________ marketing channel\
Answers
Based on the fact that Denisha sells her jewellery on her personal website, then she is making use of:
Direct marketing channelWhat is Direct marketing channel?This refers to the process of selling merchandise to the sellers without the use of intermediaries or middlemen.
With this in mind, we can see that because Denisha sells her jewellery directly to the buyers on her personal website, then she is making use of direct marketing channel,.
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Can i dispute a credit card charge that i willingly paid for.
Answers
Depends on the bank that issued your card. You might want to talk to your card issuer's customer support.
Elements of effective rehearsal include all of the following except
a.
simulating the speech conditions.
b.
incorporating necessary changes.
c.
preparing note cards to read during the presentation.
d.
rehearsing the entire speech often.
please select the best answer from the choices provided
a
b
c
d
Answers
The correct answer to the question is option c: preparing note cards to read during the presentation.
Effective rehearsal is crucial to delivering a successful speech, and it involves simulating the speech conditions, incorporating necessary changes, and rehearsing the entire speech often. Simulating the speech conditions involves rehearsing in a space similar to the one where the actual presentation will take place, while incorporating necessary changes involves adjusting the speech based on feedback from peers or personal critiques. Rehearsing the entire speech often helps to build confidence and fluency, making it easier to deliver the presentation on the day of the event. However, relying on note cards during the presentation can be a distraction and may hinder the speaker's ability to connect with the audience. Therefore, option c is not an element of effective rehearsal.
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Question 3 12 marks With the aid of an Edgeworth Box diagram explain when efficiency in exchange is achieved in an economy.
Answers
Efficiency in exchange occurs when the Pareto-optimal allocation is achieved through trade in an economy. The Edgeworth box diagram is a graphical representation of two individuals' utility functions that can help explain efficiency in exchange. In the box, each individual's utility curve is graphed on an x-y axis and the feasible region is depicted.
To obtain an efficient outcome, the equilibrium point of the Edgeworth box diagram must be reached. At this point, both consumers' indifference curves are tangent to the contract curve. This contract curve represents all the possible Pareto-efficient allocations of goods that are accessible to both people. When the contract curve is tangent to both people's indifference curves at the same time, that is when exchange efficiency occurs.
Both individuals can only benefit from exchanging goods at this stage. This is because each person's marginal rate of substitution (MRS) is equal to the other person's marginal rate of substitution (MRS). The point where the contract curve is tangent to the highest possible utility level for each person's indifference curve is the Pareto-optimal point. As a result, efficiency in exchange has been achieved. The competitive equilibrium also generates Pareto-optimality. It's also worth noting that an economy with competitive markets and equal endowments can only achieve efficiency in exchange. Therefore, efficiency in exchange occurs when the Pareto-optimal allocation is achieved through trade in an economy.
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Which of the following statements about auctions is not true? O A) Most of the listings on eBay today use auction pricing. O B) The marketplace for online auctions is highly concentrated. Oc) Online auctions were among the most successful early business models in retail and B2B e-commerce. OD) The popularity of online auctions has significantly declined.
Answers
The statement that online auctions have significantly declined in popularity is not true. Therefore, option (D) is correct.
While it is true that most of the listings on eBay today use auction pricing and that the online auction marketplace is highly concentrated, it is also true that online auctions were among the most successful early business models in retail and B2B e-commerce. However, it is not accurate to say that the popularity of online auctions has significantly declined.
In fact, online auctions continue to be a popular way for individuals and businesses to buy and sell goods and services. Many popular auction sites continue to operate and offer a wide range of products and services for sale through the auction format. Additionally, online auctions have expanded to include other types of auctions such as government auctions and charity auctions.
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A man in San Rafael County was discovered committing workers' compensation fraud. He had been observed working while at the same time receiving disability benefits. Surveillance showed the man working at an automobile auction. The investigator interviewed the owner of the auction and found that the claimant was being paid $200 per week in cash for washing vehicles and performing other shop tasks. Surveillance video showed the man carrying 25-pound bags of pet food, loading boxes, and rummaging through a trash dumpster. Obviously, he was not hurt very badly. 1. Was surveillance the proper method to use in this case? Why? 2. What are some restrictions to be careful about in conducting surveillance?
Answers
Answer:
1. Yes
2. - privacy concerns
- may lack full details.
Explanation:
1. In this scenario the automobile auction house would need to show video evidence of his (San Rafael's) fraud activities to the investigator.
2. Privacy concerns such as how the information gotten from video surveillance is used may pose a challenge.
There's also the reality of a lack of full details. For instance, San Rafael may be deaf a disability that cannot be reflected well on a surveillance video that shows him working.
4. Find an example of a print or Internet ad that includes images and text, and then answer the following questions about it.
Describe the ad. (1-3 sentences. 1.0 points)
What do you think this ad's marketing message is? (1-5 sentences. 2.0 points) TIP: Does it use a specific desire or fear, or does it try to show how the product is a need or how it solves a problem?
Is the ad trying to get people to do something? If so, what is it trying to get people to do? If it isn't trying to get people to do something, what do you think the point of the ad is? (1-5 sentences. 2.0 points)
Do you think this ad is effective? Why or why not? (1-5 sentences. 2.0 points)
Answers
The ad image selected here advertises nom nom dog food products. The product is advertised to be high in quality.
The ads marketing message to the customer is simply to raise their interest on the product. they tell the customer that their product is basically the only dog food available. this is to say that their product is the only high quality product in the market.
The ad is trying to get people to buy their product. the purpose of the ad is to raise awareness to their product, and ultimately make sales.
The ad is effective because dog owners will normally want products that are not only suitable for their pets, but products which are of high quality.
What is advertisement?Advertising refers to the methods used to draw attention to a good or service. In order to attract consumers' attention, advertising seeks to highlight a good or service. It is often used to market a particular product or service, although there are many other applications as well, with commercial advertising being the most popular.
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Write a paragraph in no more then 100 words. Do you think it's right to let animals work for human ?
Answers
Answer:
Animal rights is the philosophy according to which some, or all, animals are entitled to the possession of their own existence and that their most basic interests—such as the need to avoid suffering—should be afforded the same consideration as similar interests of human beings.That is, some species of animals haveOn the one hand, a group of people believe that mankind does not have the rights to exploit animals, as they are also living creatures. It is true that animals live by following their instinct, but they have the same feeling as human beings, therefore it would not be fair for mankind to exploit them. In several cases, it has been reported that some of the cows had cried before they were slaughtered in the slaughterhouse, which means that they also had the same feeling as human beings. In another reported cases, some of the animals was treated poorly by their masters, though they had been exploited heavily and made them sick or injured. the right to be treated as individuals, with their own desires and needs, rather than as unfeeling property.
Explanation:
it has become a debatable topic about the exploitation of animals by mankind. Some people believed that animals should not be exploited and should be treated fairly by human beings. In contrast, others think animals should be utilised to assist humans in various kinds of ways, such as the source of food or for medical testing. The following essay will discuss both views in details, but in my opinion, I believe that animals can be used as the source of food or to assist human beings in the proportionate way and human should treat them properly.
Answer: pls gib me brainliest :c ty
Explanation:
I think it is not okay for animals to work for humans as humans tend to have a nature of enforcement and want more than others so we would probably enslave them. We already torcher animals by keeping them so close do you think they need more? Although humans do need to eat and animals are a good source of protein. And giving animals more space would result in more wasted space so there really is no win-win situation. Enslaving animals would be wrong we need to respect animals as they help us enjoy our lives and food.
Progress in meeting air quality standards has been slow because ___________________.
Answers
Please help Sunflowerssk i need you please Answer as fast as you can
What are examples of plagiarism? Choose Plagiarism or Not Plagiarism.
Answers
Answer:
option 1- plagiarism
option 2- not plagiarism
option 3- plagiarism
option 4- plagiarism
option 5- not plagiarism
option 6- not plagiarism
Explanation:
Plagiarism is using someone else's work without giving credit to the original or claiming it as your own.
Answer: There are the 6 answers for the answer key to each of the following "Plagiarism" or "Not Plagiarism" sentence statements based on the "True" or "False" statement:
For sentence statement #1: "Copying the text from a book or website word for word without using the quotation marks.", the option to this sentence statement is "Plagiarism". For sentence statement #2: "Taking the notes from the website.", the option to this statement sentence is "Not Plagiarism". For sentence statement #3: "Presenting the other's idea as your own without citing your sources.", the option to this sentence statement is "Plagiarism". For sentence statement #4: "Using a picture that you found on a website and presenting it as your own.", the option to this sentence statement is "Plagiarism". For sentence statement #5: "Using a famous picture in a presentation with the picture title, the artist name, and the date in the corner of the slide.", the option to this sentence statement is "Not Plagiarism". And last but not least is for sentence statement #6: "Using the facts from a website in a presentation and citing the source of this information.", the option to this sentence statement is "Not Plagiarism".Explanation: Here are the 5 important explanation reasons why you can't recommend yourself to use plagiarism:
Plagiarism means you steal and pass off someone else's creative ideas and claim your own work assignment as your own without giving the proper credit to the original. Plagiarism is serious consequences and is also a violation of the principles of academic integrity. Plagiarism could have more serious consequences: you could get a failing grade, the teacher will send you to the principal's office for dismissal, in-school or out-of-school suspensions, hour after-school detention or possibly an expulsion for receiving "F" for your own entirely class. Plagiarism also means stealing intellectual property. And last but not least is cheating is the same as plagiarism.I hope my explanation answer about the "Plagiarism" or "Not Plagiarism" Sentence Statement that is based on the "True" or False" Sentence Statement is very helpful to your own question and have a great day! :D
Sincerely,
Jason Ta,
The Ambitious of The Brainly And The Role of The TDSB And The WHCI Student of The High School.
Analysts say visitors stay an average of how many seconds on any webpage?
A. 1-2 Seconds
B. 5-15 Seconds
C. 10-20 Seconds
D. 45-60 Seconds
Answers
please please.pleas help me
What are the advantages and disadvantages of consulting
NO LINKS!!!
Answers
Answer:
Advantages of Being a Consultant:
You can learn many skills
Consulting allows you to build a powerful network
You get responsible tasks from the beginning
Perfect if you like to travel
You learn to work with the latest technologies
You can work in project teams
Consulting allows you to see many new things
You can work with many clients
Continuous training
You can work with other motivated people in consulting
Consulting teams support each other
You work on demanding projects
Good for your CV
You learn how to deal with stress
Consultants can earn pretty good money
Great exit options
You can work on many projects
Consulting never gets boring
Explanation:
Disadvantages of Being a Consultant:
Pressure in consulting can be high
Strict deadlines are a problem
You will be pushed to your boundaries
Consulting can imply working long hours
You may be away from home during the week
Being a consultant can be lonely
Some people develop mental issues
No real work-life balance
Problematic in case you have children
You have to represent the company
Many of your colleagues will leave
Insecurity regarding what comes next
Great swings in workload
Unsatisfying outcomes
Success greatly depends on the project manager
If we assume that a 1 year CD account pays about 1% interest and inflation is expected to be about 3% over the course of next year, what will the expected real rate of return on the CD account be?
a positive 2%
b negative 2%
c positive 1%
d negative 4%
e Positive 4%
f None of the above
Answers
The expected real rate of return on the CD account will be negative 2%. This is because the inflation rate of 3% is higher than the interest rate of 1%, resulting in a loss of purchasing power for the investor.
To calculate the real rate of return, we subtract the inflation rate from the interest rate:
Real rate of return = 1% - 3% = -2%
Therefore, the answer is (b) negative 2%.
negatively b 2% The Fisher equation can be used to get the predicted real rate of return: real rate of return = nominal interest rate - inflation rate. In this instance, a real rate of return of -2% is produced by subtracting the nominal interest rate (1% from the CD account) from the inflation rate (3%).
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how does a decrease in government spending affect the aggregate expenditure line?
Answers
A decrease in government spending affects the aggregate expenditure line by "shifting the aggregate expenditure line downward."
This is because the aggregate expenditures are household consumption, business spending through investments, and government spending on goods and services.
Therefore, when government spending decreases, the total or aggregate expenditure reduces, thereby shifting the "the aggregate expenditure line downward."
Hence, in this case, it is concluded that government expenditure forms a vital part of the aggregate expenditure of a country.
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when purchase costs are (rising/declining) , lifo will report the lowest cost of goods sold yielding the highest gross profit and net income.
Answers
When purchase costs are declining, LIFO (last-in, first-out) will report the lowest cost of goods sold, yielding the highest gross profit and net income.
LIFO stands for last-in, first-out, and it is a method of accounting for inventory costing. The last goods obtained are the first to be sold under this approach. As a result, the value of inventory on the balance sheet is based on the oldest inventory items.
LIFO has a big effect on the cost of goods sold and, as a result, net income. When purchase costs are increasing, LIFO will report the highest cost of goods sold and the lowest gross profit, lowering net income. When purchase costs are decreasing, however, LIFO will report the lowest cost of goods sold and the highest gross profit, raising net income. Therefore, when purchase costs are declining, LIFO will report the lowest cost of goods sold, yielding the highest gross profit and net income.
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HELP PLEASE ILL GIVE CROWN!!!!
the percentage you will need to pay in interest on a loan will NOT depend on what factor?
A. your history of paying back loans in the past.
B. your volunteer activities and proof that you are a good person.
C. your overall credit score.
D. the financial choices you have previously made.
Answers
Answer:
B
Explanation:
This has nothing to do with your financial history, while every other option does.
Jane has just graduated from college and is ready to pursue a career in marketing. She asks you, her advisor to review her career portfolio before beginning her job search. Which of these items do you suggest she remove from her portfolio? O A. College transcript B. Honor society award O C. Previous job as a sales associate O D. Prom queen award
Answers
Prom queen award is the items do you suggest she remove from her portfolio. Hence, option D is correct.
What is a career in marketing?Marketers are responsible for promoting a company's products and services. Marketing experts frequently create and execute both inbound and outbound promotional campaigns that raise brand awareness and use marketing techniques to convince people to make a purchase from a company.
Marketing is a strong major due to its amazing versatility and potential to lead to a wide range of high-paying, in-demand careers with outstanding work satisfaction and opportunities for further study. Students majoring in marketing might make between $50k and $208k per year. The Top 10% of Earners Made Over $208,000.
The report's conclusions were based on information gathered from a survey of more than 400 marketing and advertising professionals situated in the United States.
Thus, option D is correct.
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what features does each financial institutions have
Answers
The rate of return is very high in case of investment made in this type of institution.
It also gives a high rated consultancy to the customers for their beneficial investments.
It also serve as a depository for their customers.
An in-store computer used to apply for a job is called:
an online application.
a paper application.
an automated interviewer.
a hiring kiosk.
Answers
Answer:
a hiring kiosk.
Which advantage of incorporating is most applicable? What are other advantages of organizing as a corporate entity? First answer which advantage of incorporating is most applicable in protecting Bob's personal assets?
Answers
1) One advantage of incorporating that is most applicable in protecting Bob's personal assets is liability protection.
2) Other advantages of organizing as a corporate entity include:
Use of professional managersBusiness security and continuityEasier access to capital.What is liability protection?Liability protection refers to the protection offered to members of an incorporated entity, unlike an unincorporated entity.
Members of an incorporated entity enjoy limited liability because their personal assets cannot be used to settle the liability of the corporation.
Thus, one advantage of incorporating that is most applicable in protecting Bob's personal assets is a limited liability or liability protection.
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As a factor of production, what is capital?
A. an industrial good
B. the natural resources used to create a product
C. the entrepreneur who sees how to make something useful
D. the tangible products made by labor
Answers
Answer:
Option "D" is the correct answer.
Explanation:
Labor produces tangible goods, which are referred to as capital. There are production-related man-made items such as machinery, vehicles, and chemicals. That is what sets them apart from commercial products.
According to the BCG matrix, products or businesses with a high market ... with a low share of market in a high- growth industry are considered ______.
Answers
According to the BCG matrix, products or businesses with a low share of market in a high-growth industry are considered question mark. Therefore, option A is correct.
According to the BCG matrix, question marks represent products or companies with small market share in high-growth industries. These companies are characterized by future growth potential, but currently face significant uncertainty. The term "question mark" reflects the need for further analysis and investment to determine its feasibility.
Sectors that are experiencing rapid growth and offer attractive growth opportunities are marked with question marks. However, due to their small market share, these products and companies face the challenge of building a strong position and generating significant profits.
Determining whether you can capture greater market share and become the star of a high-growth product that dominates the market requires careful evaluation.
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The complete question is:
According to the BCG matrix, products or businesses with a low share of market in a high-growth industry are considered
A question marks
B stars
C dogs
D cash cows
E black holes
Sites like Kickstarter, GoFundMe, and Causes are all examples of what type of altruism?
Group of answer choices
Crowdfunding
Private foundations
Service Learning
Community Service
Answers
Mary is a stay-at-home mother whose husband died. She has two small
children to care for, and her husband was the primary wage earner for their
family. What Social Security benefits would care for Mary and her children?
A) retirement benefits
B) disability benefits
C) survivor’s benefits
D) worker’s compensation
Answers
Answer:
The answer that I think would be correct is option C (survivors benefits)
Explanation:
Retirement benefits definition: a form of social insurance payment made by the US Social Security (for age 62 and older) considering that Mary has two small kids, she probably isn't that old.
Disability benefits: in order to be eligible, you have to be unable to do regular or customary work for at least right days. Considering the fact that Mary is a stay at home mother then she wouldn't be employed.
Survivors benefit: this allows a retiree to ensure after death, a continuous lifetime annuity for their dependents.
Workers compensation: provision of benefits to employees who suffered work related injuries. Mary's husband most likely didn't die in the work place.
Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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