Blake took a marketing class at the local community college before starting his landscape business. He decided that his time would be better utilized in this class because if he could learn to sell his services well, the revenues and profits would follow. Your assessment of his plan might include which of the following?
A) Blake understands that marketing is the lifeblood of the company, and he is right on track with his approach.
B) Blake has elected to operate like a virtual company and leave various parts of the business including accounting, environmental trends scanning, and management to outsourcers.
C) Blake knows that increasing revenues will always keep the business profitable and in a positive cash position.
D) Blake needs to realize that the ability to understand and interpret financial statements provided by his accountant might enhance his profits.
Answers
Blake is right on track with his approach to taking a marketing class to improve his knowledge and skills in the field. Answer A is the correct answer.
Blake took a marketing class at the local community college before starting his landscape business. He decided that his time would be better utilized in this class because if he could learn to sell his services well, the revenues and profits would follow. Your assessment of his plan might include the following: Blake understands that marketing is the lifeblood of the company, and he is right on track with his approach. Marketing is the essential function of any company as it is responsible for determining what consumers need and making sure the company is fulfilling that need. Furthermore, marketing is the driver of revenue and profit since it helps customers understand the value of a product or service in exchange for money. In Blake's case, if he can learn to market his landscape business correctly, he can effectively reach more potential customers, leading to more revenues and profits.
Hence, Blake is right on track with his approach to taking a marketing class to improve his knowledge and skills in the field. Answer A is the correct answer.
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Related Questions
16. Demographics are
Answers
Answer:
statistical data relating to the population and particular groups within it.
Explanation:
!!
Effective negotiation preparation encompasses three general abilities: situational awareness, perspective-taking, and: Select one: A. location assessment B. team assessment C. self-assessment O D. financial assessment
Answers
Effective negotiation preparation encompasses three general abilities: situational awareness, perspective-taking, and self-assessment.
While situational awareness allows negotiators to understand the context, dynamics, and interests involved in a negotiation, and perspective-taking enables them to empathize and understand the viewpoints of the other party, self-assessment is equally important. Self-assessment refers to the ability to reflect on one's own strengths, weaknesses, values, and goals in the negotiation process.
Self-assessment plays a crucial role in negotiation as it helps individuals understand their own needs, preferences, and priorities. It allows negotiators to identify their own biases, emotions, and triggers, enabling them to manage their behavior and responses effectively during negotiations.
By engaging in self-assessment, negotiators can identify their negotiation style, their tolerance for risk, and their communication and interpersonal skills. This self-awareness helps them align their strategies and tactics with their personal goals and values, ensuring a more authentic and congruent approach to negotiation.
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Describe the classifications of consumer products.
Answers
Consumer products are goods and services that are purchased and used by the general public. These products can be classified into different categories based on several factors, such as the level of involvement required by the customer, the frequency of purchase, the price, and the nature of the product.
The classifications of consumer products are as follows:
1. Convenience Products: These are products that are purchased frequently and with little effort. They are low-priced and require little or no research or decision-making. Examples of convenience products include everyday household items such as toothpaste, soap, and milk.
2. Shopping Products: Shopping products are those that require more effort and decision-making from the customer. They are usually higher-priced than convenience products and are purchased less frequently. Customers usually compare different options before making a purchase. Examples of shopping products include clothing, furniture, and electronics.
3. Specialty Products: These are products that are unique and have specific characteristics that differentiate them from other products. They are usually expensive and are purchased infrequently. Customers are willing to go out of their way to find these products. Examples of specialty products include luxury watches, high-end cars, and designer clothing.
4. Unsought Products: These are products that customers do not actively seek out to purchase. They are products that customers may not even know they need until they are presented with the opportunity to purchase them. Examples of unsought products include life insurance, funeral services, and emergency medical supplies.
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Which of the following describes a conflict which happens between a supervisor and a subordinate?
O Intrapersonal conflict
Group conflict
O Intergroup conflict
O Interpersonal conflict
Answers
A conflict between a supervisor and a subordinate can be described as Interpersonal conflict.
What is interpersonal conflict?Interpersonal conflict refers to conflict whereby there are at least two people involved. This means that interpersonal conflict refer to issues that a person has with another person, or group of people.
When there is a conflict between a supervisor and a subordinate, these are two different people which means that it is therefore an interpersonal conflict. Intrapersonal conflict on the other hand, refers to when a person has a conflict within themselves about how they should take certain decisions.
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what is the advantages of starting a slow proprietorship business
Answers
Answer:
start-up costs are low
Explanation:
Answer:
Minimal paperwork and low set-up costs are two major benefits of having a sole proprietorship. In addition, there is the ease of maintaining it. In fact, according to the SBA, it's the simplest and least expensive business type you can establish.
Explanation:
im not sure if this is what youre looking for or not lol
If the state of Texas has a lower opportunity cost for producing beef compared to Alaska, then... Texas has a comparative advantage in beef and should just produce beef for itself and not export to other states like Alaska. Texas has an absolute advantage in beef and should share expertise with Alaska so they can develop an absolute advantage as well. Texas has a comparative advantage in beef, and Alaska should purchase beef from Texas. Texas has an absolute advantage in beef, and Alaska should purchase beef from Texas. Absolute advantage refers to the ability to produce more and not necessarily the ability to produce at a lower opportunity cost. Learning Objective: Define comparative advantage
Answers
Texas has a comparative advantage in beef, and Alaska should purchase beef from Texas."
Comparative advantage is the ability of an individual, company, or country to produce a specific good or service at a lower opportunity cost than another individual, company, or country.
In this scenario, Texas has a lower opportunity cost for producing beef compared to Alaska. This means that Texas can produce beef at a lower cost than Alaska can. Therefore, Texas has a comparative advantage in beef production.
As a result, it would be beneficial for Alaska to purchase beef from Texas, as it would be cheaper for Alaska to buy beef from Texas than to produce it themselves. This would allow Alaska to allocate their resources to other areas where they have a comparative advantage.
Overall, the key takeaway from this scenario is that when one entity has a lower opportunity cost for producing a specific good or service, they have a comparative advantage and should specialize in producing that good or service. Other entities should then purchase that good or service from the entity with the comparative advantage, as it would be more cost-effective for them to do so.
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Marietta opts into a Target app. When she enters a Target store, small Bluetooth devices scattered throughout the store send signals to her phone with personalized deals and information. This is an example of ______ technology.
a. tag.
b. RFID.
c. alien.
d. beacon.
Answers
Assuming small Bluetooth devices scattered throughout the store send signals to her phone. This is an example of d. beacon technology.
What is beacon technology?Beacon technology can be defined as a tiny or small wireless transmitter technology that help to send signals to devices.
One of the example of beacon is blutooth devices. Despite small in size they help to send signal to phone or user device and they as well makes use of low energy.
Inconclusion this is an example of d. beacon technology.
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Estimates of 13.0 per 1000 and 6.2 per 1000 have been given in this chapter for the average annual incidence of first coronary events among male smokers and nonsmokers in the age range 40-64. Suppose that the proportion of men who smoke could be reduced through health awareness efforts from 43% to 25%. As- suming that the average amount that smokers smoke remains the same as before, which of the following quantities would you expect to change and if so by how much? a. Rate ratio b. Risk ratio c. Odds ratio
Answers
Estimates of 13.0 per 1000 and 6.2 per 1000 have been given in this chapter for the average annual incidence of first coronary events among male smokers and nonsmokers in the age range 40-64. Suppose that the proportion of men who smoke could be reduced through health awareness efforts from 43% to 25%. Assuming that the average amount that smokers smoke remains the same as before, the risk ratio is the quantity that you would expect to change.
The risk ratio is defined as the risk of disease in the exposed group (smokers) divided by the risk of disease in the unexposed group (nonsmokers).The formula for calculating risk ratio is as follows:Risk Ratio (RR) = [a/(a + b)] / [c/(c + d)]Where,a = number of exposed subjects with the diseaseb = number of exposed subjects without the diseasec = number of unexposed subjects with the diseased = number of unexposed subjects without the diseaseLet us assume that there are 1,000 men in the 40-64 age range. In the current scenario, 43% of men smoke and 57% do not smoke. Then the following table can be constructed to calculate the risk ratio: Diseased Not Diseased TotalSmokers a = 13 b = 870 883 Nonsmokers c = 6.2 d = 111.8 118Risk Ratio = (13/883) / (6.2/118) = 2.46After the health awareness efforts, the proportion of smokers reduces to 25%, and 75% of men do not smoke. Then the following table can be constructed to calculate the risk ratio: Diseased Not Diseased TotalSmokers a = 13 b = 39 52Nonsmokers c = 6.2 d = 911.8 918Risk Ratio = (13/52) / (6.2/918) = 1.36Thus, the risk ratio reduces from 2.46 to 1.36. Hence, it is expected to change by 44.7% (calculated as 100 x [(2.46-1.36)/2.46]). Therefore, it can be concluded that if the proportion of men who smoke is reduced through health awareness efforts from 43% to 25%, the risk ratio will be reduced by 44.7%.For such more question on average
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If someone stole from you ... and you stole it back ... would you technically still be stealing it ? .
if time=money is an ATM a time machine . (0¿0)
Answers
Answer:
yes that would still be stealing unless you where taking back what they stole from you but if you take a random thing that wasn't yours to begin with that would be stealing
Answer:
No you are simply taking back what was yours however, like Charleheighstidham, said if you take something of theirs then you are stealing
Time is abstract money not literal money so no to that but it would be awesome if atm machines were time machines
Explanation:
On December 31,2020 , Berclair Inc. had 500 million shares of common stock and 3 million shares of 9%, $100 par value cumulive preferred stock issued and outstanding. On March 1, 2021, Berclair purchased 24 million shares of its common stock as treasury stock. year ended December 31,2021 , was $800 million. The income tax rate is 25%. Also outstanding at December 31 were incentive stock options granted to key executives on September 13 , 2016 . The options are exercisable as of September 13,2020 , for 30 million common shares at an exercise price of $56 per share. During 2021 , the market price of the common shares averaged $70 per share. In 2017,$50.0 million of 8% bonds, convertible into 6 million common shares, were issued at face value.
Required: Compute Berclair's basic and diluted earnings per share for the year ended December 31, 2021. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10 ). Do not round intermediate calculations.)
Answers
the following data to determine Berclair Inc.'s basic and diluted earnings per share (EPS) for the year ending December 31, 2021:
Net Income: $800 million is listed as the net income for the fiscal year that concluded on December 31, 2021.
Weighted Average Common Shares Outstanding (Basic EPS): We need to deduct the treasury stock from the starting common shares in order to get the weighted average common shares outstanding for basic EPS.
500 million shares are the initial common shares.
Purchased Treasury Stock = 24 million shares
Beginning Common Shares - Purchased Treasury Stock = Weighted Average Common Shares Outstanding
Weighted Average Common Shares Outstanding is 500,000,000 - 24,000,000 = 476,000,000 shares.
Convertible bonds have a dilutive effect because they can be changed into common shares. We
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Why is social service a more respectable job?
Answers
Answer:
they provide public services
Explanation:
Which process refers to starting up a computer?
Answers
Which process refers to starting up a computer?
Ans: Booting
In Citation when you use the exact words from a source, you are ______________________.
Answers
Answer:
Quoting
Explanation:
or something along those lines
venta al contado de mercancia por $2.300.000=; iva: 19%: cual de las siguientes cuentas no corresponde
a. de mercancia
b. comercio al por mayor y por menor
c. iva
d. caja
Answers
Answer:
La cuenta que no corresponde al registro contable planteado es la B, comercio al por mayor y por menor.
Esto es así porque, al realizarse una venta al contado de mercancía por $2.300.000, con un IVA adicional del 19%, se están entregando mercancías, con lo cual se registra dicha salida de productos en el debe (opción A), ingresa un dinero correspondiente a IVA (opción C), y a su vez ingresa un monto de dinero que engrosará la caja del comercio, registrándose en el haber (opción D).
The use of displays, coupons, product samples, and other brand communications to influence shopping behavior in a store is termed Blank______.
Answers
A shopper marketing involves the use of displays, coupons, product and samples to influence shopping behavior in a store.
What is a shopper marketing?This is a form of marketing that involves getting the consumer awareness and enhancing of their interaction either with a current or new products.
Hence, the function of this strategy is improve the consumer's shopping experience in order to drive sales.
Therefore, the strategy is known as shopper marketing.
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Lindy Appliance begins operations in 2021 and offers a one-year warranty on all products sold. Total appliance sales in 2021 are $1,600,000, and Lindy estimates future warranty costs in 2022 to be 2% of current sales. Actual warranty costs in 2022 are $25,000. Also in 2022, Lindy has additional sales of $2,400,000 and revises its estimate of warranty costs associated with sales in 2022 to be 1.5%.
Required:
1. Record the adjusting entry for estimated warranty costs at the end of 2021.
2. Record the summary entry for actual warranty expenditures in 2022, assuming all costs were paid in cash.
3. Record the adjusting entry for estimated warranty costs at the end of 2022.
4. What is the balance in Warranty Liability at the end of 2021 and 2022?
Answers
The Lindy Appliance will meet the requirements by recording the following journal entries:
Journal Entries:
1. December 31, 2021: Debit Warranty Expense $32,000
Credit Warranty Liability $32,000
To record the warranty costs for the year.2. 2022 Debit Summary: Warranty Liability $25,000
Credit Cash $25,000
To record the actual warranty expenditures in 2022.3. December 31, 2022: Debit Warranty Expense $36,000
Credit Warranty Liability $36,000
To record the warranty costs for the year.4. The balance in the Warranty Liability account at the end of 2021 is $32,000, and at the end of 2022, it is $43,000.
Data and Calculations:
Warranty period for sales = 1 year
Sales Revenue in 2021 = $1,600,000
Estimated warranty costs for 2021 = $32,000 (2% of $1,600,000)
Actual warranty costs in 2022 = $25,000
Sales Revenue in 2022 = $2,400,000
Estimated warranty costs in 2022 = $36,000 (1.5% of $2,400,000)
Analysis:
1. December 31, 2021: Warranty Expense $32,000 Warranty Liability $32,000
2. 2022 Summary: Warranty Liability $25,000 Cash $25,000
3. December 31, 2022: Warranty Expense $36,000 Warranty Liability $36,000
Thus, the balance in the Warranty Liability account at the end of 2021 is $32,000, and at the end of 2022, it is $43,000 ($32,000 - $25,000 + $36,000).
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Why do you think a higher percentage of those over 35 years old invest in the market compared to those under 35? Help please!
Answers
Answer:
Yes I think those over 35 invest in a market compared to people not 35, because they been though school, and have more experience in the market company.
Explanation:
Which of the following is true about certified public accountants (CPAs)?
O A. CPAs work for government agencies and corporations.
B. CPAs only work in the public sector.
C. CPAs only work in the private sector.
O D. CPAs work for small businesses but not large businesses.
Answers
Answer:
A. CPAs work for government agencies and corporations.
Explanation:
Certified public accountant (CPA) is the title for skilled, competent, and professionally trained accounts. Accountants play a significant role in any organization's success, be it a business-oriented, government institution, or not-for-profit organization. Employers seek and employ qualified and certified accountants to work in their organizations.
Both the public and private sector engage the services of certified account to take charge of accounting and financial management. The objective is to ensure that financial transactions are recorded correctly, and the financial statement reflects the true picture of the organization as per the generally accepted accounting principles.
_________________ should be used when you want to reinforce the importance and significance of your arguments, especially when you are not an expert on your topic. be sure to stress the competence and lack of bias of your sources, and emphasize their recent nature. a. examples b. narrations c. testimonies d. statistics
Answers
Testimonies should be employed when reinforcing the importance and significance of arguments when you are not an expert on the topic.
What is the significance of arguments?Argument teaches us how to define our opinions, and thoughts and explain them clearly, as well as how to respectfully and critically analyze the perspectives of others.
The goal of an argument is to influence people's minds or convince them to do a certain action or behave in a certain way.
Now, when dealing with a topic that we have little understanding concerning the topic, we make use of testimonies to serve as the basis of evidence.
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Answer: The correct answer is c. testimonies
Explanation: Confirmed correct.
Heidi thought she had done everything right to prepare for her math test. She had studied over the last week instead of waiting till the last minute. She got eight hours of sleep, woke up early, and ate a nutritious breakfast. She got to her seat in class early with the materials she would need for the test. However, as the teacher began handing out the test, she panicked.
What could help Heidi reduce her test anxiety?
use flash cards to study for the test
eat something sugary for energy
do visualization and deep breathing
see herself doing poorly on the test
Answers
Answer:
C. do visualization and deep breathing
Explanation:
Edge 2021
Deep breathing and visualization is regarded as a proven method for the purpose of relaxation from the panic situations, and this must be done by Heidi to reduce her anxiety.
What are panic situations?The situations that may bring anxiousness in the regular course of life for a person are regarded as panic situations. This may happen on important occasion in the respective lives of people.
To get relaxed from the anxiety of such situations, like the math test of Heidi in the given example, she must practice deep breaths and visualize whatever her preparations have been for the test.
Hence, option C; Heidi shall practice things like deep breathing and visualization to get out of the anxiety she got in the panic situations of her math test.
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with most tax-sheltered accounts, other than roth-type accounts, taxes are merely deferred rather than eliminated altogether. group of answer choices true false
Answers
True, with most tax-sheltered accounts, other than roth-type accounts, taxes are merely deferred rather than eliminated altogether.
What is tax-sheltered accounts?
Individuals and businesses can lower their tax obligations by using tax shelters. Shelters include everything from 401(k) plans sponsored by employers to foreign bank accounts.
Although the term "tax shelter" is frequently used negatively, it can also be a valid strategy for lowering tax obligations.
What is roth-type accounts ?
An after-tax contribution is made to an individual retirement account known as a Roth IRA.
While there are no tax advantages for the current tax year, your contributions and earnings can grow tax-free and you can withdraw them without paying taxes or penalties after you reach the age of 5912 and the account has been open for five years.
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If 60% of the population is female and 30% of females buy physical therapy services, and 70% of men buy physical therapy services, is there more demand for physical therapy from women or men?
a. women
b. men
Answers
Answer:
Men.
Explanation:
Well, 70% of 40% (100% - 60%) = 28% total population demand.
30% of 60% = 18%
28% > 18%
Answer:
Men
Explanation:
Let the number of men and female be 100
60% of 100 is 60
Therefore there are 60 female
30% of 60 is 18
so 18 women buy physical therapy
40% of 100 is 40
Therefore there are 40 men
70% of 40 is 28
so 28 men buy physical therapy
28>18 therefore there is a greater demand of physical therapy from men
John from sales has just sent you an e-mail. He needs a decision made on the Johnson account as soon as possible. You can make the decision, but you feel like you’d like to ask your boss for her advice. Unfortunately, she is in a business meeting, and the decision needs to be made very soon. You decide to take the initiative and ______.
a.
Interrupt your boss to make the decision
b.
Ask a coworker to make the decision
c.
Wait to make the decision
d.
Make the decision
John from sales has just sent you an e-mail. He needs a decision made on the Johnson account as soon as possible. You can make the decision, but you feel like you’d like to ask your boss for her advice. Unfortunately, she is in a business meeting, and the decision needs to be made very soon. You decide to take the initiative and ______.
a.
Interrupt your boss to make the decision
b.
Ask a coworker to make the decision
c.
Wait to make the decision
d.
Make the decision
Answers
Answer:
I believe the answer is D.
Explanation:
When you take initiative, it means you have to make a decision on your own.
The above thing regarding the decision-making was that Unfortunately when the boss was in a meeting, the decision was made me. Hence, fill in the gap - You decide to take the initiative and make a decision. This feature is known as the Decision making.
What is the meaning of Decision making?Decision-making is an important moral part of the life of any individual. Decision-making has over the years helped the living condition of human beings to get smoother and smoother.
In the case of Decision making the most important thing was to understand the fact whether the individual was talking for the oneself and the other important fact or reason is that people have been more interested in their lives and also, the motive which the yes or no depends.
Decision-making is an human perspective of the thought process regarding thee right or wrong. Hence, option D is correct.
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Select three aspects that must be considered when analyzing assets.
•income
•financial plan
•living expenses
•liabilities
•opportunity cost
Answers
Answer:
Explanation:
Living expenses
Income
Financial plan
Fran Jefferson began her job as the supervisor of the training department of Metro Bank and Trust Company almost four years ago, she was generally pleased with the four trainers and one secretary in her unit. Indeed, Fran took pride in her ability to create a high morale and high-performance unit. This was particularly pleasing to Fran because they were constantly busy and barely able to keep up with the volume of training expected from them. Then early on Wednesday morning Fran’s secretary, Judy Martin knocked on Fran’s door and asked to see her. Fran Liked Judy and considered the secretary to be one of her "stars." Indeed, in an effort to develop Judy’s talents and abilities, Fran had gone out of her way to give Judy special assignments, including her in all the major planning activities of the department and entrusting her with the administration of certain departmental programs, such as tuition assistance and evaluation follow-through. By now Judy functioned more as an administrative aide than as a secretary. It was clear that Judy was upset about something as she seated herself in the chair next to Fran’s desk. Slowly, Judy placed a job-posting application form in front of Fran. She would not look her supervisor in the eyes. Fran was surprised, to say the least. As far as Fran knew, Judy liked both her hob and working in the Training Department. In turn, everyone else in the department liked and respected Judy. Fran looked over the form and said casually, "so you want to post for the executive secretary job in the Branch Management Division." She paused. Could I ask you for some additional information, Judy? I‘m kind of surprised." Judy looked at her clasped hands, thinking. Fran waited. Finally, Judy looked up and said: "I noticed in last week’s job posting that the executive secretary position is graded as a 14. Now that’s two grades higher than my job!" She caught her breath. "You know my friend Mary Johnson works over there. She told me that half the time the secretary sits around doing nothing." Judy continued, Gathering some anger in her look and resentment in her voice. "Look, Fran, you know how hard I work, how hard we all work, around here. I mean. I’m always busy. I don’t see why I should work in a job graded at a 12 and work twice as hard and yet not be paid the same as that secretary. The job requirements for the job are just a little higher than mine and the merit raise you gave me last month hardly helped at all." Fran listened; then she replied: "It sounds to me, Judy, that you’re feeling angry because you think you should be paid more for the work you do and that you want to switch jobs rather than put up with things as they are. Am I right?" Judy nodded her head in agreement. Fran knew, though, that the Metro hob evaluation system was up to date and that the executive secretary position to which Judy referred did require additional background experience, skills, and responsibilities beyond what was needed in Judy’s current hob. Because her secretary was such a good employee and nice person, Fran was quite concerned. She felt strongly that moving to the executive secretary job would not be what Judy really wanted, and she hated to lose Judy, especially her decision was based on faulty reasoning and the move would not be good for her.
Help me to answer these 3 questions, please.
1. What is/ are the problem/s presented in the case?
2. What HR responsibility/ responsibilities of a line manager does Fran need to focus on to solve the problem/s in this case?
3. What HR activities/ programs can you recommend to be implemented in the organization in order to prevent these problems from happening again?
Answers
1. The problem in the case Judy, feels that she is not being paid fairly for the amount of work that she does.
2. Fran needs to focus on the HR responsibility of compensation management in order to solve the problem.
3. The HR activities include pay fairly, create opportunities, create a transparency etc.
The problem presented in the case is that Judy, Fran's secretary, feels that she is not being paid fairly for the amount of work that she does and wants to switch jobs to a higher paying position that she believes requires less work. Additionally, Fran is concerned about losing Judy as an employee and wants to prevent her from making a decision based on faulty reasoning.
She needs to ensure that Judy understands how the job evaluation system works and why the executive secretary position is graded higher and requires additional background experience, skills, and responsibilities. Fran also needs to focus on employee development and career planning in order to help Judy find a position that would be a good fit for her.
Some HR activities and programs that can be implemented in the organization to prevent these problems from happening again include conducting regular compensation reviews to ensure that employees are being paid fairly, providing training and development opportunities and advance their careers, and creating a transparent job evaluation system.
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Fitzgerald's 15 -year bonds pay 9 percent interest annually on a $1 comma 000 par value. If the bonds sell at $ 925 , what is the bond's yield to maturity? What would be the yield to maturity if the bonds paid interest semiannually? Explain the difference
Answers
To calculate the bond's yield to maturity (YTM) when it pays 9 percent interest annually on a $1,000 par value and sells at $925, follow these steps:
1. Determine the annual coupon payment: 9% of $1,000 = $90.
2. Calculate the number of years to maturity: 15 years.
3. Find the difference between the bond's selling price and par value: $1,000 - $925 = $75.
4. Divide this difference by the number of years to maturity: $75 / 15 = $5.
5. Add the annual coupon payment and the annualized price difference: $90 + $5 = $95.
6. Divide this sum by the bond's average price: $95 / (($1,000 + $925) / 2) = 0.1035.
7. Convert the result to a percentage: 0.1035 * 100 = 10.35%.
The bond's yield to maturity is 10.35% when it pays interest annually.
If the bonds paid interest semiannually, the yield to maturity would be slightly higher because the bondholder would receive interest payments more frequently, allowing them to reinvest and earn interest on their interest sooner. To find the semiannual yield to maturity, you'd need to use a financial calculator or a specialized formula, as the calculations are more complex than with annual payments.
The difference between the two yields to maturity stems from the frequency of interest payments. The more frequent the payments, the higher the effective yield to maturity, because of the compounding effect of interest received and reinvested sooner.
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Gina is a creative director at an agency that does works for a client that makes a candy bar called "Rocky Top." Rocky Top is a chocolate bar with almonds and caramel. Gina wants her creative team to come up with a big idea for the campaign.
The engine of advertising is powered by creativity. Creativity can be thought of as the process of combining two or more unconnected objects or ideas into something new. While the outcomes of creative thinking are often unpredictable, the process of generating creative ideas is not random or haphazard. Instead, creative people often rely on a set of procedures that can be used to create great ideas.
Read the case below and answer the questions that follow.
Gina meets with Anne, a copywriter, and Zach, an art director, to think about a campaign for a candy bar called "Rocky Top." Rocky Top is a chocolate bar with almonds and caramel. Gina wants her creative team to come up with an idea for the campaign. "Our client," she tells Zach and Anne, "wants a big idea for the big taste of the chocolate bar."
Zach starts the meeting by saying that he believes the campaign ought to be direct and to the point. "How about we just present an attractive description of the candy bar ingredients: chocolate, almonds, and caramel? I think sticking with the facts makes sense here."
Anne proposes a very different campaign, one that features a close up of a teen biting into the candy bar and then smiling with satisfaction.
Gina wants more ideas to be sure they've exhausted all of the possibilities. "Be outlandish," she tells Zach and Anne, "come up with something big and memorable." Zach and Anne continue to toss some ideas around. Eventually, they propose a commercial that would feature two teens approaching a giant mountain called "Rocky Top." As they get close they realize that the mountain is chocolate and that a rockslide is about to begin, although the "rocks" are almonds and caramel. The rockslide envelops the teens, who are happy to be surrounded by the delicious ingredients. The commercial ends with the famous "Rocky Top" jingle, and the slogan: "A mountain of great chocolate taste: Rocky Top."
The "Rocky Top" campaign that Zach and Anne propose is best described as the outcome of
A)reality-based thinking.
B)value-based thinking.
C)fact-based thinking.
D)goal-based thinking.
E)hard-based thinking.
Answers
Gina should encourage her creative team to use a combination of goal-based thinking and hard-based thinking to come up with a successful campaign for Rocky Top. The answer is D.
Goal-based thinking involves setting specific goals for the campaign and focusing on achieving those goals. In this case, the goal could be to increase sales of Rocky Top or to increase brand awareness. Hard-based thinking involves gathering data and analyzing it to make informed decisions.
This could include researching the target audience, competitors, and current market trends. By combining these two approaches, Gina and her team can come up with a creative and effective campaign that is tailored to the needs of Rocky Top's target audience and meets the goals of the company.
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which phrase best completes the diagram?
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The Gifford Investment Company bought 90 Cable Corporation warrants one year ago and would like to exercise them today. The warrants were purchased at $31 each, and they expire when trading ends today. (Assume there is no speculative premium left.) Cable Corporation common stock was selling for $49 per share when Gifford Investment Company bought the warrants. The exercise price is $35, and each warrant entitles the holder to purchase two shares of stock, each at the exercise price.
a. What was the intrinsic value of a warrant at the time of purchase? (Do not round intermediate calculations and round your answer to 2 decimal places.)
b. What was the speculative premium per warrant when the warrants were purchased? The purchase price, as indicated earlier, was $31. (Do not round intermediate calculations and round your answer to 2 decimal places.)
c. What would Gifford’s total dollar profit or loss have been had they invested the $2,790 directly in Cable Corporation’s common stock one year ago at $49 per share? Cable Corporation common stock is selling today for $59 per share. (Do not round intermediate calculations and round your answer to 2 decimal places. Input the dollar amount as a positive value.)
d. What would the percentage rate of return be on this common stock investment? Compare this to the rate of return on the warrant computed when the common stock was selling for $59 per share. (Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places.)
???
Answers
The Gifford Investment Company bought 90 Cable Corporation warrants:
The intrinsic value of a warrant at the time of purchase is $ 48the speculative premium per warrant when the warrants were purchased is 4320Gifford’s total dollar profit or loss have been 20.43%the percentage rate of return be on this common stock 54.84%.An asset's value is determined by its intrinsic value. This metric is determined using an intricate financial model or an objective computation. The intrinsic value of an asset is distinct from its present market value. Investors can determine if an asset is overpriced or undervalued by comparing it to its current price.
Cash flow is used in financial analysis to ascertain a company's or stock's intrinsic, or underlying, worth. The difference between the option's strike price and the underlying asset's current market price is known as the intrinsic value in the pricing of options.
Cash flows are forecasted based on how a firm may perform in the future using discounted cash flow (DCF) analysis. The intrinsic value of the firm is then calculated by discounting those cash flows to their current value. A risk-free rate of return, such as the yield on a 30-year Treasury bond, is frequently employed as the discount rate.
% return on stock = 570/2790 = 20.43%
Intrinsic value = 2 x (59-35) = $ 48
Proceeds from warrants = 48 x 90 = 4320
purchased = 31 x 90 = 2790
% return on warrants = (4320 - 2790)/2790 = 54.84%.
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A US based company is attempting to merge with a French National conglomerate. With IFRS and GAAP being so different, what would be some of the challenges the two sides may face with the merger from an accounting standpoint?
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The merger between a US-based company and a French National conglomerate can pose several challenges from an accounting standpoint due to the differences between International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). Some of the challenges they may face include:
Accounting Principles: IFRS and GAAP have different underlying principles and concepts. IFRS is principles-based, emphasizing substance over form, while GAAP is rules-based, providing specific guidelines for various transactions. The differences in accounting principles can lead to variations in the recognition, measurement, and presentation of financial information.
Financial Statement Presentation: IFRS and GAAP have different requirements for financial statement presentation. The formats and classifications of items on the balance sheet, income statement, and cash flow statement may vary between the two sets of standards. This can make the comparison and consolidation of financial statements challenging.
Revenue Recognition: IFRS and GAAP have differing guidance on revenue recognition, particularly in areas such as the timing of revenue recognition, multiple-element arrangements, and percentage-of-completion method for long-term contracts. Aligning the revenue recognition policies of the merging entities can be a complex task.
Valuation of Assets and Liabilities: IFRS and GAAP may have different rules for the valuation of assets and liabilities, such as inventory, property, plant, and equipment, intangible assets, and financial instruments. Differences in valuation methodologies can impact the reported values of assets and liabilities, which can have implications for financial ratios, financial performance, and tax implications.
Business Combinations and Goodwill: IFRS and GAAP have different requirements for accounting for business combinations and the subsequent treatment of goodwill. For example, IFRS allows for the option of measuring goodwill at cost or using the impairment model, while GAAP follows a more strict impairment-only model. This can result in differences in the recognition and measurement of goodwill and the related impact on financial statements.
Disclosures: IFRS and GAAP have varying disclosure requirements, with differences in the level of detail and specific disclosures mandated for certain transactions and events. Harmonizing the disclosure requirements can be a complex task to ensure compliance with both sets of standards.
These are just a few examples of the challenges that may arise during the merger process from an accounting standpoint. It is crucial for the merging entities to have a thorough understanding of the differences between IFRS and GAAP and work closely with accounting professionals and advisors to address these challenges effectively and ensure accurate financial reporting and compliance with relevant regulations.
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