Lewis Incorporated and Clark Enterprises report the following amounts for the year. Inventory (beginning) Inventory (ending) Purchases Purchase returns Lewis $ 15,000 9.000 133,200 6,000 Clark $ 41,000 51,000 157,600 51,000 3. Calculate the average days in inventory for each company.

Answers

Answer 1

Average Days in Inventory: Average Days in Inventory is used to determine how long it takes a company to sell its products. It indicates how quickly a company can convert its stock into sales revenue.

It's also known as Days Sales in Inventory (DSI) or Days Inventory Outstanding (DIO).The formula for Average Days in Inventory is given by:$$\frac{\text{Average Inventory}}{\text{Cost of Goods Sold per Day}}$$For Lewis Incorporated:Cost of Goods Sold = Purchases - Purchase ReturnsCost of Goods Sold per day = $\frac{Cost of Goods Sold}{365}$Inventory Turnover Ratio = $\frac{Cost of Goods Sold}{Average Inventory}$Average Days in Inventory = $\frac{365}{Inventory Turnover Ratio}$Given data:Inventory (beginning) = $15,000$Inventory (ending) = $9,000$Purchases = $133,200$Purchase returns = $6,000$Average Inventory = $\frac{15000+9000}{2}=12000$Cost of Goods Sold = $133,200 - 6,000 = 127,200$Cost of Goods Sold per day = $\frac{127200}{365} = 348.77$Inventory Turnover Ratio = $\frac{127200}{12000} = 10.6$Average Days in Inventory = $\frac{365}{10.6} = 34.43$Therefore, the Average Days in Inventory for Lewis Incorporated is 34.43 days.For Clark Enterprises:Cost of Goods Sold = Purchases - Purchase ReturnsCost of Goods Sold per day = $\frac{Cost of Goods Sold}{365}$Inventory Turnover Ratio = $\frac{Cost of Goods Sold}{Average Inventory}$Average Days in Inventory = $\frac{365}{Inventory Turnover Ratio}$Given data:Inventory (beginning) = $41,000$Inventory (ending) = $51,000$Purchases = $157,600$Purchase returns = $51,000$Average Inventory = $\frac{41000+51000}{2}=46000$Cost of Goods Sold = $157,600 - 51,000 = 106,600$Cost of Goods Sold per day = $\frac{106600}{365} = 292.05$Inventory Turnover Ratio = $\frac{106600}{46000} = 2.32$Average Days in Inventory = $\frac{365}{2.32} = 157.33$Therefore, the Average Days in Inventory for Clark Enterprises is 157.33 days.

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Answer 2

Lewis is more efficient at managing their inventory, as it can quickly turn over inventory items into cash. Clark, on the other hand, is less efficient at managing their inventory and is taking longer to turn over inventory items into cash.

The given question is to calculate the average days in inventory for each company. The provided information is as follows:

Average inventory = (Beginning inventory +  Ending inventory) / 2Average inventory

= ($15,000 + $9,000) / 2 = $

daily cost of goods sold (COGS) = Cost of goods sold / 365 days

COGS = ($133,200 + $15,000 - $9,000 - $6,000) = $133,200

Average days in inventory = Average inventory / (COGS / 365)

= $12,000 / ($133,200 / 365) = 33.1 days

Therefore, the average days in inventory for Lewis is 33.1 days.

Calculating the average days in inventory for Clark:

Average inventory = (Beginning inventory + Ending inventory) / 2

Average inventory = ($41,000 + $51,000) / 2 = $46,000

Average daily cost of goods sold (COGS) = Cost of goods sold / 365 days

COGS = ($157,600 + $41,000 - $51,000 - $51,000) = $96,600

Average days in inventory = Average inventory / (COGS / 365)

= $46,000 / ($96,600 / 365) = 174.6 days

Therefore, the average days in inventory for Clark is 174.6 days.

Lewis Incorporated has an average day in inventory of 33.1 days whereas Clark Enterprises has an average day in inventory of 174.6 days. The calculation shows that Lewis has a more liquid inventory system. This means Lewis is more efficient at managing their inventory, as it can quickly turn over inventory items into cash. Clark, on the other hand, is less efficient at managing their inventory and is taking longer to turn over inventory items into cash.

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Related Questions

how to right a conclusion for human resources​

Answers

Answer:

The conclusion should state once again the problems and solutions that you have arrived at during your research. Learning how to write a human resources essay requires you to be keen on making a good summary of the interpretations and observations described in the main body of the paper.

Explanation:

Hope this helps

What is your initial response to the Pantene ad shown in the video?

Answers

I think that it is time to finally see the rise of women that is taking over because for whatever reason men feel as though this is “a mans world”. Its sad that when women try and take over we’re are being ‘’bossy’’, ‘’pushy’’, ‘’annoying’’, or that “we think we know everything”. When in reality it’s the other way around. Men can be all of those things but yet, no one acknowledges these things. Men feel as though they know everything and that women don’t know anything. I feel as though there should be more people that look like me in charge. Now you may say “What do you mean?” I mean that I want to see more women taking control. We aren’t trying to seem “bossy” or “pushy” when giving directions or anything, we just want whatever the task is to be done right! I want to see more women because as a female I feel as though I need the empowerment.

Jessie and Preston are both managers at CPA4U, a large accounting firm. Each has a very different management style. Jessie frequently checks on her subordinates to see if there is any way she can help them to complete their projects. As a supervisor in the financial sector, Jessie maintains her moral integrity and is not swayed by pressures to take shortcuts. She tries to know a little bit about her employees' outside interests and always remembers everyone's birthday. Preston keeps to himself more and communicates with his subordinates mainly through emails; he's not particularly interested in his employees' after-work activities. His subordinates know exactly what is expected of them; they submit daily reports on their progress toward the weekly goals he has assigned them. Which type of leader is Jessie

Answers

Answer:

c.  a task-oriented leader

Explanation:

A task-oriented leader would focused on accomplishing goals by giving the assignments, setting clear objective among employees and deadlines through which the team could be finished the project within the prescribed time also at the same time the team would be focused. Also they are less worry with the bonding with employees when they are not at the workplace

Therefore the option c is correct

The national government or central bank of country X might take steps to purposefully depreciate their currency because: a. an appreciated currency would harm both consumers and producers in country Y. b. producers in country X would be able to sell more goods to consumers in country Y. c. consumers in country X would be able to purchase more goods from producers in country Y. d. country X wants its currency to command more respect from international news reporters. e. a depreciated currency would benefit both consumers and producers in country X.

Answers

The national government or central bank of country X might purposefully depreciate their currency to boost exports and support domestic producers. By doing this, producers in country X would be able to sell more goods to consumers in country Y (option b), as their products become more affordable due to the weaker currency.

This can help stimulate economic growth and support domestic industries in country X. However, a depreciated currency may not benefit both consumers and producers in country X (option e) since consumers may face higher prices for imported goods, reducing their purchasing power.

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You have been asked to prepare an analysis of the overhead costs in the order-processing department of a mail-order clothing company. As an initial step, you prepare a summary of some events that bear on overhead for the most recent period. The variable overhead flexible budget variance was $6,000 unfavorable. The standard variable overhead price per order was $0. 6. Ten orders per hour is regarded as standard productivity per clerk. The total overhead incurred was $202,200, of which $133,500 was fixed. There were no variances for fixed overhead. The variable overhead spending variance was $1,500 favorable. Required
Find the following:
1. Variable overhead efficiency variance
2. Actual hours of input
3. Standard hours allowed for output achieved

Answers

In the overhead analysis of the mail-order clothing company, the standard hours allowed for output achieved can be calculated as follows:

Variable overhead flexible budget variance = Actual variable overhead cost - Flexible budgeted variable overhead costActual variable overhead cost = Flexible budgeted variable overhead cost + Variable overhead flexible budget variance= $202,200 - ($0.6 x 10 orders/hour x total hours)Ten orders per hour is regarded as standard productivity per clerk. Therefore, total hours = Total orders / Standard productivity per clerk.Substituting total hours in the formula for actual variable overhead cost, we get:$202,200 - ($0.6 x 10 orders/hour x Total orders / Standard productivity per clerk)Therefore, the formula for total hours becomes:Total hours = (Flexible budgeted variable overhead cost + Variable overhead flexible budget variance - Actual variable overhead cost) / (Standard variable overhead rate x Standard productivity per clerk)Substituting the given values, we get:Total hours = ($0 + (-$6,000) - $202,200) / ($0.6 x 10)= 11,000Therefore, the standard hours allowed for output achieved are 11,000 hours.

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If you used fiat currency - like our US dollar - to just buy crypto assets, you do
not have to report anything about it on your return.

Answers

When you use fiat currency to buy crypto assets, it is important to note that this transaction could potentially be a taxable event.

Tax laws and reporting requirements vary by country and jurisdiction. In the United States, the IRS has provided guidance on the tax treatment of cryptocurrencies. Generally, the IRS considers cryptocurrencies as property, and transactions involving cryptocurrencies may have tax implications.  If you purchase cryptocurrencies and later sell or exchange them, you may be required to report capital gains or losses on your tax return. It is advisable to consult with a tax professional or refer to the specific tax laws in your country to determine your reporting obligations accurately. it's important to note that the tax regulations regarding cryptocurrencies can vary by country, and they are subject to change. While the act of buying crypto assets with fiat currency may not require immediate reporting, other activities such as selling or trading crypto, earning interest or dividends, or using crypto for goods and services may have tax implications. It is advisable to consult with a tax professional or refer to the guidelines provided by your tax authority to ensure compliance with the current regulations.

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Angela is interested in joining Kappa sorority. She shops at Sarah's, a local store where the Kappas shops. She asks her family for a new car because all the sorority members have new cars. Angela appears to be most influenced by

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Angela appears to be most influenced by social pressure and the desire to conform to the standards set by the Kappa sorority members.

Angela's interest in joining the Kappa sorority and her desire for a new car because "all the sorority members have new cars" indicate that she is influenced by social pressure and the need to conform to the perceived expectations of the group. This behavior can be attributed to normative social influence, which refers to the tendency to conform to the group's norms and standards in order to gain acceptance and avoid rejection.

Humans are social beings who often seek validation and acceptance from their peers. Angela's observation that Kappa sorority members have new cars creates a perceived norm within the group, and she feels the pressure to conform to this standard in order to fit in. This type of influence can be powerful, as individuals may modify their behavior or make choices based on the desire for acceptance and the fear of being excluded.

It is important to recognize that social influence can have both positive and negative effects. While it can foster a sense of belonging and community, it can also lead individuals to prioritize external validation and material possessions over their personal values and financial well-being. Encouraging critical thinking, individuality, and self-confidence can help individuals make choices that align with their own values rather than being solely driven by social pressures.

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nternational trade policies benefiting from specialization and comparative advantage can make the average worker better off, but a tradeoff is .

Answers

International trade policies benefiting from specialization and comparative advantage can make the average worker better off, but a tradeoff is worker productivity could go down

What is International trade?

International trade refers to economic transactions between countries. Consumer goods, such as television sets and clothing, are commonly traded, as are capital goods, such as machinery, and raw materials and food.

Hence, it can be seen that when the labor is divided in international trade, there are some benefits, but the tradeoff is the decreased productivity of the worker

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A clothing store is selling a new style of bathing suits in preparation for the summer season. The store’s manager thinks that consumers’ willingness to pay for a bathing suit is $65 each, but she is not confident in her estimate. She wants to sell the bathing suits within the next 6 months, before summer ends, because after that she needs to make room in the store for the next year’s styles. What price should the manager set for the bathing suit

Answers

The price of the bathing suit should be set at the point where the marginal cost and marginal income are equal if the manager wishes to maximize profits.

The additional expense expended for each additional unit produced is known as the marginal cost, and the additional revenue made for each subsequent unit sold is known as the marginal revenue.

The management, however, is unaware of the marginal cost of making the bathing suit. As an alternative, she has a prediction of consumer willingness to pay, which can stand in for marginal revenue. Therefore, she can use this estimate to set the price of the bathing suit.

The manager should price the bathing suit at what buyers are willing to pay, which is $65 in order to maximize revenues. This is so that the retailer can make the largest profit margin possible while also capturing the maximum value that customers are prepared to pay for the bathing suit at this price point.

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Joe's company is looking to make a number of improvements. The firm would like to maximize potential volume and reserved instance (RI) discounts across multiple accounts and also apply service control policies on member accounts. Which service or tool can be used to gain these benefits

Answers

The service or tool that could be used for gaining the benefits should be AWS  Orgs.

The information related to AWS Orgs is as follows:

AWS Organization should be an account management service. In this, there are multiple AWS accounts that should be consolidated for developing and managing. As an organization administrator, the accounts should be developed and the existing accounts should be invited for joining the organization.

Therefore we can conclude that the service or tool that could be used for gaining the benefits should be AWS  Orgs.

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To open an options account, inquiry must be made as to the customer's: ________

i. investment objective

ii. investment experience

iii. financial situation

iv. financial needs

Answers

Opening an options account requires inquiry into the customer's investment objective, investment experience, financial situation, and financial needs. These factors help the broker assess the suitability of options trading for the customer and tailor their guidance and recommendations accordingly.

To open an options account, the broker or financial institution will typically inquire about the customer's investment objective, investment experience, financial situation, and financial needs. These factors are important in determining the suitability of options trading for the customer and helping the broker understand the customer's goals and risk tolerance.

1. Investment objective: This refers to the specific financial goal or purpose the customer has in mind for investing in options. Examples of investment objectives could include capital preservation, income generation, long-term growth, or speculation.

2. Investment experience: The broker will ask about the customer's experience with investing in general and specifically with options trading. This helps the broker gauge the customer's familiarity with the risks and complexities associated with options and tailor their guidance accordingly. The customer may be asked about their understanding of options strategies, their previous trading experience, and any relevant qualifications or certifications.

3. Financial situation: The customer's financial situation includes factors such as their income, net worth, and liquidity. The broker needs this information to assess the customer's ability to take on the risks associated with options trading. A customer with limited financial resources may have different investment options compared to someone with a higher net worth.

4. Financial needs: This refers to the customer's current and future financial obligations and requirements. Understanding the customer's financial needs helps the broker provide suitable recommendations and manage the customer's expectations. For example, a customer with short-term financial needs may have a different risk tolerance compared to someone with a longer investment horizon.

In summary, opening an options account requires inquiry into the customer's investment objective, investment experience, financial situation, and financial needs. These factors help the broker assess the suitability of options trading for the customer and tailor their guidance and recommendations accordingly.

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8. If the price of a good changes from £5 to £4 and demand change from 100 to 120 units, the PED
will be...
(1 Point)
-0.25
-1.0
-0.2
-2.0

Answers

Answer:

Explanation:

dvsf

what is a downside of globalization?what is a downside of globalization? most countries are not receptive to globalization competition is less severe there is no room for companies to grow smaller companies are left out

Answers

Globalisation has a number of drawbacks in addition to its positive benefits on countries. The drawbacks of globalisation include: Uneven economic expansion.

Even though many countries see faster economic growth as a result of globalisation, richer countries frequently gain more from this growth than underdeveloped countries. lack of nearby establishments. Actually, the benefits of globalisation and technological advancement are very similar.

They have very similar outcomes: they boost national output, productivity, increase employment, improve wages, and cut global product prices. Cross-national disparities and international conflicts have greatly slowed down international flows, making globalisation a historically unequal process. Because of this, just 20% of the world's economic output ended up in other countries even before the current crisis.

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When a site is unsafe, it means a. Your personal information may be used in ways you do not want c. Permission to use that site at school is always allowed b. That site is okay to visit often d. All of the above Please select the best answer from the choices provided A B C D

Answers

Answer:A, Your personal information may be used in ways you do not want

Explanation:

If it is a unsafe site than there for your personal information can go places you do not want them to.

When a site is unsafe, it means your personal information may be used in ways you do not want. Thus, option 'A' is the correct option.

What does it mean when a website is unsafe?

External connections to websites with phishing, malware, or unwanted software are known as unsafe domains. Phishing is when a website imitates another one in an effort to fool visitors into divulging personal or financial information. When you visit an insecure website, you run the risk of having your personal information compromised and/or having malicious malware installed on your system.

Additionally, you can fall prey to a phishing attack, or someone else might watch your activity or use your resources for their own gain. If the content you're seeking to view is harmful or misleading, a warning will appear. These websites are frequently referred to as phishing or virus sites. If you clicked on a phishing link, the first thing you should do is immediately unplug your device from the internet.

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Analyse the firm Singapore Airlines using theories/concepts/frameworks of MOTIVATION AT WORKPLACE : CHOOSE
Content theories relate to built-in needs or motivators ("the what")
´Hierarchy of needs (Maslow)
´Theory X and Theory Y (McGregor)
´Two-factor need theory (Herzberg)
´Achievement needs theory (McClelland)
Process theories relate to conscious choices that lead to a specific type of work behaviour (explains "the why" of motivation). This includes:
´Equity theory
´Expectancy theory
´Goal setting theory
The case study report structure:
1. Background
• Briefly identify Singapore Airlines and the general situation/context of your case study.
2. Identify the major problems/issues/positives
Provide 3 key issues
problems
Issues
positive
3. Analysis and relevant theory application
• Discuss and apply theories/concepts/frameworks of motivation at work to help analyse the issues/ problems/positives that have identified above.
**** PLEASE, INCLUDE 5 SCHOLARLY REFERENCES APPLYING THEORIES/CONCEPTS/FRAMEWORKS OF MOTIVATION AT WORK****
4. Identify possible solutions/recommendations
• Given your analysis, identify and justify recommendation/s on what you think should be done differently (or continue to be done) in Singapore Airlines.
5. References

Answers

Introduction: Singapore Airlines is a worldwide airline operating out of Singapore. It is the national airline of Singapore and serves more than 62 destinations worldwide, including North America, Europe, and Asia. The corporation, which was founded in 1947, operates a fleet of more than 100 aircraft and employs over 25,000 people. The organization's aim is to provide high-quality service to its clients while also expanding the business.

The following are three significant issues that Singapore Airlines is currently experiencing: Staff Motivation: One of Singapore Airlines' major issues is a lack of employee motivation. Several complaints about bad behavior and poor attitudes from Singapore Airlines employees have surfaced. Employees' lack of enthusiasm has resulted in poor customer service, and the company's name has been damaged. behavior. Cost management: Singapore Airlines is experiencing financial difficulties due to increasing fuel costs, competition, and a significant increase in operating costs. The airline's operating costs continue to increase as the cost of fuel increases. Increased competition: The airline industry is becoming increasingly competitive. As a result, the airline is struggling to maintain its position in the market, and its reputation has been tarnished by the competition.

Analysis and Relevant Theory Application: Motivation refers to a set of mechanisms that activate, direct, and sustain goal-directed activities. According to Maslow's Hierarchy of Needs theory, human needs are classified into five categories: physiological, safety, social, self-esteem, and self-actualization. The lower-level needs must be satisfied before a person can focus on the higher-level needs. It is the responsibility of Singapore Airlines to identify and satisfy the needs of its employees and to ensure that they are satisfied so that they can do their job to the best of their ability.

Singapore Airlines may use the Equity Theory to assist its workers in being motivated. The Equity Theory suggests that people's perceptions of fairness and justice in the distribution of outcomes are determined by comparing their inputs and outcomes to those of others. Singapore Airlines must ensure that its employees' efforts are rewarded equitably to motivate them to work harder. Expectancy Theory suggests that individuals act based on the expectation that their actions will produce desired results. Expectancy theory suggests that workers must be able to meet the expectations of their work, which is in line with Singapore Airlines' expectations. Goal-Setting Theory suggests that specific, difficult goals lead to higher levels of performance than general, non-specific goals. Goals motivate employees to strive harder, work more effectively, and increase the likelihood of achieving their goals. As a result, Singapore Airlines must establish specific goals for its employees to increase motivation and job satisfaction.

Possible solutions/recommendations: Singapore Airlines must implement a program to provide its employees with more incentives and motivation. The airline must recognize and reward its employees for their work and achievements, and it must develop incentive programs that are tailored to the employees' needs. The airline must ensure that its employees' work is appreciated and that they are recognized for their contributions. The airline must offer a program to help its workers develop their skills. The airline must develop specific objectives for its employees and ensure that they have the resources they need to achieve them.

Conclusion: In conclusion, Singapore Airlines should pay close attention to the motivation theories and concepts available. The company's success is reliant on employee motivation and engagement. Singapore Airlines can satisfy its employees' needs, establish specific goals for them, and ensure that they have the resources and incentives they need to achieve them. In this way, the airline can enhance job satisfaction and motivate its employees. Singapore Airlines can maintain its position as a market leader and a highly respected company by focusing on its employees' motivation. 5 Scholarly

References: Maslow, A. H. (1943). A theory of human motivation. Psychological review, 50(4), 370.Herzberg, F. (1968). One more time: how do you motivate employees?. Harvard Business Review, 46(1), 53-62.Latham, G. P., & Locke, E. A. (1991). Self-regulation through goal setting. Organizational behavior and human decision processes, 50(2), 212-247.Vroom, V. H. (1964). Work and motivation. Wiley. McClelland, D. C. (1987). Human motivation. Cambridge University Press.

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Which of the following partnerships that Enron created eventually lead to its demise?a)Chewcob)Cactusc)JEDId)Ironman

Answers

The partnership that ultimately led to Enron's demise was Chewco, which was established in 1997 to help the company transfer assets and liabilities off its balance sheet.

Chewco was structured as a complex web of offshore entities, which made it difficult for regulators and investors to understand the true nature of Enron's financial position. Furthermore, Enron's executives used Chewco to hide losses and inflate profits, which eventually led to the company's downfall in 2001.

The other partnerships listed (Cactus, Jedi, and Ironman) were also part of Enron's web of off-balance sheet entities, but they were not as significant as Chewco in terms of their impact on Enron's financial position.

In short, it was Chewco that was the straw that broke the camel's back and led to Enron's downfall.

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Identify John Rawls and Robert Nozick's theories with two specific impacts of each of the theories on business and industry. Thoroughly explain your rationale. You may use the business or industry in which you are currently employed

Answers

John Rawls and Robert Nozick were two influential political philosophers who presented contrasting theories regarding justice and its application in society. Let's explore their theories and their potential impacts on business and industry.

John Rawls is known for his theory of justice as fairness, as outlined in his book "A Theory of Justice." Rawls argued for the principles of distributive justice, focusing on ensuring fairness and equality of opportunity in society.

1. Impact of Rawls' Theory on Business and Industry:

  - Reducing Income Inequality: Rawls' theory emphasizes the fair distribution of resources and opportunities. In the business context, this could lead to efforts to reduce income inequality within organizations. Companies may strive to implement fair wage policies, ensuring that employees receive just compensation for their work.

  - Promoting Corporate Social Responsibility (CSR): Rawls' theory highlights the importance of considering the needs of the least advantaged in society. In response, businesses may be more inclined to engage in CSR initiatives, such as philanthropy, community development programs, and ethical business practices, to address social and economic disparities.

Robert Nozick, on the other hand, presented a theory of justice based on libertarian principles in his book "Anarchy, State, and Utopia." Nozick argued for the primacy of individual rights and the importance of minimal government intervention.

2. Impact of Nozick's Theory on Business and Industry:

  - Emphasizing Free Market Capitalism: Nozick's theory aligns with the principles of free market capitalism, which can have a significant impact on business and industry. It may encourage limited government intervention and regulation, allowing businesses more freedom to operate and innovate within the market.

  - Protecting Property Rights: Nozick's theory places a strong emphasis on property rights. In the business context, this could lead to a greater focus on protecting intellectual property, fostering innovation, and providing incentives for businesses to invest in research and development.

Rationale:

The impact of Rawls' and Nozick's theories on business and industry is subjective and depends on the specific context and societal values. Rawls' theory emphasizes social justice, fairness, and equality, which could influence businesses to adopt more inclusive and equitable practices. Nozick's theory, on the other hand, prioritizes individual rights and limited government intervention, potentially fostering entrepreneurship, innovation, and economic freedom.

In my current employment in the technology industry, Rawls' theory may encourage initiatives such as equal pay policies, diversity and inclusion programs, and social impact projects aimed at reducing inequality. Nozick's theory could support the protection of intellectual property rights and the promotion of a competitive market environment that fosters innovation and economic growth.

It is important to note that the practical application of these theories in business and industry may vary, and a balanced approach considering various ethical perspectives is often necessary for a comprehensive understanding of justice and its implications in organizational contexts.

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A company reported total stockholders' equity of $435,000 on its Dec 31, 2018, balance sheet. The following information is available for the year ended Dec 31, 2019: Revenues: $930,000 Expenses: 495,000 Liabilities, on Dec 31. 2019: 216,000 What are the total assets of the company on December 31, 2019?

Answers

The total assets of the company on December 31, 2019, are $1,086,000.

To find the total assets of the company on December 31, 2019, we can use the accounting equation:

Total Assets = Total Liabilities + Stockholders' Equity

Given information:

Total stockholders' equity on Dec 31, 2018 = $435,000

Revenues for the year ended Dec 31, 2019 = $930,000

Expenses for the year ended Dec 31, 2019 = $495,000

Liabilities on Dec 31, 2019 = $216,000

To calculate the change in stockholders' equity for the year 2019, we need to consider the net income (revenues - expenses): Net Income = Revenues - Expenses

Net Income = $930,000 - $495,000

Net Income = $435,000

Now, let's calculate the stockholders' equity on December 31, 2019:

Stockholders' Equity on Dec 31, 2019 = Stockholders' Equity on Dec 31, 2018 + Net Income - Dividends

Stockholders' Equity on Dec 31, 2019 = $435,000 + $435,000 - Dividends

Since the information about dividends is not provided, we'll assume no dividends were paid. Therefore:

Stockholders' Equity on Dec 31, 2019 = $870,000

Finally, we can calculate the total assets:

Total Assets = Total Liabilities + Stockholders' Equity

Total Assets = $216,000 + $870,000

Total Assets = $1,086,000

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What are the SDS format requirements?
Select the best option.

There are no format requirements


They must contain at least one protective measure and safety precaution


They must be in a uniform format as required by law


They must be available in all languages

Answers

Answer:

you ngg hfg jbv hgfh hffx nggg ggfh. vgg

C). They must be in a uniform format as required by law

Explanation:

A 'safety data sheet' is described as the document that aims to provide the list of information regarding the occupational health as well as safety for using the different products like chemical compounds and substances like chemical mixtures, etc.  

As per the question, a safety data sheet must 'be presented in a uniform format as per the law'. This sheet primarily intends to instruct the users for safely handling as well as using the product by bewaring them of the prospective hazards related to the use of that particular product which could be any format that could be stated in a 'uniform format' beginning with 'identification of the chemical' followed by various other steps like 'hazard identification, stability, physical and chemical properties, etc.' so that every user can understand the use of product in the systematic order comprehensively.is the correct answer

firms that follow a broad- or focused-differentiation generic competitive strategy need make sure that they are constantly on the lookout for find ways to reduce their cost drivers. group of answer choices true false

Answers

The given statement "Firms that follow a broad- or focused-differentiation generic competitive strategy need to make sure that they are constantly on the lookout for ways to reduce their cost drivers" is true because differentiation strategies involve adding unique features to products or services, which can result in higher costs.

Therefore, firms need to ensure that they are finding ways to minimize their cost drivers to maintain profitability while differentiating themselves from competitors.

A differentiation strategy can be effective in creating a competitive advantage, but it can also increase costs due to the unique features added to the product or service. To maintain profitability, firms need to identify ways to reduce their cost drivers while still differentiating themselves from competitors.

This can include finding more cost-effective ways to produce the unique features or finding ways to reduce overhead costs. By constantly seeking ways to minimize cost drivers, firms can maintain their differentiation strategy while still achieving profitability.

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A(n) ________ is a complicated set of possibly nonlinear equations.
A) data warehouse
B) neural network
C) expert system
D) online analytical processing (OLAP) cube

Answers

A neural network is a complicated set of possibly nonlinear equations.

What is a neural network?

Artificial neural networks, more commonly referred to as neural networks or neural nets, are computer architectures that draw inspiration from the biological neural networks found in animal brains.

Artificial neurons, which are a set of interconnected units or nodes that loosely resemble the neurons in a biological brain, are the foundation of an ANN.

Furthermore, an artificial intelligence technique called a neural network instructs computers to process data in a manner modeled after the human brain. Deep learning is a type of machine learning that employs interconnected neurons or nodes in a layered structure to mimic the human brain.

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Which is NOT a fee you need to worry about with a checking account?

Answers

Answer:

It depends on the bank provider. All bank providers have different fee policies.

Explanation:

There is no specifc answer to this.

Most students don't consider that they'll end up paying far more than the original amount they borrowed on their student loans because of

Answers

Answer:interest rates

Explanation:

The longer you have to pay off the more interest adds up

a firm that sends e-mail updates to customers about new products is engaging in personal selling.T/F

Answers

The statement is False. A firm that sends e-mail updates to customers about new products is not engaging in personal selling.

Personal selling involves face-to-face communication between a salesperson and a potential customer in order to persuade them to purchase a product or service. E-mail updates, on the other hand, are a form of direct marketing that allows a company to communicate with customers in a more cost-effective and efficient way. While e-mail updates can be personalized and targeted to specific customers, they do not involve the same level of personal interaction as personal selling.

In summary, while e-mail updates can be a valuable marketing tool, they are not a form of personal selling.

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What amount of earnings is directly related to day to day primary business operations?

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The amount of earnings directly related to day-to-day primary business operations is Gross profit. Gross profit represents the revenue generated from the sale of goods or services minus the cost of goods sold (COGS). Thus, option C is correct.

Gross profit is a measure of the profitability of a company's core operations before accounting for other expenses. It is essential because it reflects the efficiency and effectiveness of a company's production and sales processes.

It indicates how well a company can generate revenue from its primary activities. By subtracting the COGS, which includes the direct costs associated with producing goods or providing services, from the revenue, the gross profit specifically isolates the profit earned from these operations.

On the other hand, option A (COGS) represents the direct costs incurred in producing goods or services and is subtracted from revenue to calculate the gross profit.

Option B (Other revenues and expenses) and option D (Operating income) encompass additional factors such as non-core revenue, non-operating expenses, and other income that are not directly tied to day-to-day primary business operations.

In conclusion, gross profit is the amount of earnings directly linked to day-to-day primary business operations. It provides valuable insights into a company's ability to generate profits from its core activities and serves as a fundamental metric for evaluating operational efficiency and profitability. Thus, option C is correct.

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Complete Question:

What amount of earnings is directly related to day to day primary business operations?  

A. Cost of goods sold

B. Other revenues and expenses

C. Gross profit

D. Operating income

What's an assembly line for business and what does it do? ​

Answers

Answer:

An assembly line is basically just a series of workers who assemble identical items in a line. One of the first uses of the assembly line was in Henry Ford's car factory.

What is profit in an economic system?
A. Profit is the investment a producer makes in the economy to achieve financial gain.
B. Profit is the net change in the value of the economy due to an exchange.
C. Profit is the financial gain resulting from an exchange.
D. Profit is the investment a consumer makes in the economy to achieve financial gain.

Answers

Answer:

I think D is correct answer

The profit in the economic system is the investment made by the consumer for accomplishing the financial gain.

The information related to the profit is as follows:

It is the surplus that comes after deducting the cost from the revenue made. It is the investment that should be made by the consumer for attaining financial gain.

Therefore all the other options are incorrect.

Thus we can conclude that profit in the economic system is the investment made by the consumer for accomplishing the financial gain.

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Under what conditions should a sponsor approve a project change, and when is it okay for the project manager to authorize a change? a. Sponsor approval is needed if a change requires additional funding; a project manager is generally authorized to make most other decisions b. Sponsor approval is needed only if the project manager is not available c. Sponsor approval is always needed d. Sponsor approval is needed if a change requires a change to the project charter; a project manager is generally authorized to make most other decisions

Answers

Answer:

never

Explanation:

A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.

50) Inventory does not include:
A) Materials used in the production of goods to be sold.
B) Assets intended to be sold in the normal course of business.
C) Equipment used in the manufacturing of assets for sale.
D) Assets currently in production for normal sales. ,

Answers

Inventory is a crucial part of any business that deals with the production and sale of goods.

It represents the value of goods that are held for sale, including raw materials, work in progress, and finished goods. However, inventory does not include all assets related to the production and sale of goods.
Option A is incorrect because materials used in the production of goods to be sold are considered part of inventory. These materials may include components, raw materials, and other items used in the production process.
Option B is incorrect because assets intended to be sold in the normal course of business are also considered part of inventory. This may include finished goods that are ready to be sold to customers.
Option C is incorrect because equipment used in the manufacturing of assets for sale is considered part of property, plant, and equipment. This equipment is not included in inventory because it is not held for sale.
Option D is the correct answer because assets currently in production for normal sales are considered work in progress, not inventory. Work in progress represents goods that are in the process of being produced but are not yet ready to be sold.
In conclusion, inventory does not include assets currently in production for normal sales. Instead, it includes finished goods ready to be sold, raw materials, and work in progress.

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Municipal bonds are issued by what?

Answers

Answer:

Hi, the correct answer to your question is they are securities issued by states, cities

etc/more.

Explanation:

They mostly do this for building like highways, roads and more. It is used to raise more money to build important things for our environment.

Hope this helps! :)

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