your bank statement shows this information: opening balance: $600 check 555: -$100 check 556: -$65 check 558: -$125 your account ledger shows this information : opening balance: $600 check 555: -$100 check 556: -$65 check 557: -$75 check 558: -$125 how much money do you have and why?
Answers
$235 money you have after deducting the payment from opening accounting. The opening balance is the balance carried forward from the end of the previous accounting period or when starting out at the beginning of an accounting period.
What is the opening balance used for?Opening balances represent your company's financial position on the day before you begin using Accounting. Reports cannot provide an accurate picture of your financial situation unless you have accurate opening balances. Opening balances for outstanding customer transactions can be entered.
Given
Opening Balance = $600
Payments = 100, 65, 75, and 125
Required to find Closing balance =?
Closing Balance = 600 - 100 - 65 - 75 - 125 =$ 235
Thus, the closing balance is $235.
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Related Questions
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
An agent has received significant information that is not generally known about a publicly traded company. The agent: A cannot take any action B can tell his clients to trade the security C can tell his immediate family to trade the security D can tell anyone to trade the security
Answers
When an agent receives significant information that is not generally known about a publicly traded company, the agent cannot tell anyone to trade the security except the client under some specific circumstances. The information is considered material non-public information (MNPI), and trading with this information is prohibited by the law.
Material non-public information (MNPI) is information that has not yet been disclosed to the public and could influence the market value of a publicly traded company. The use of this information for personal gain through securities trading is illegal.
Information is considered material if it would significantly affect the price of the stock when made public. Hence, it is prohibited for the agent to tell anyone to trade the security.
The agent cannot take any action on the security without the disclosure of the information to the public.
When an agent has material non-public information, they have a fiduciary responsibility not to disclose this information to anyone, except to those individuals who need to know the information in the normal course of business.
Those who have the right to know MNPI include compliance officers, lawyers, and executives who have a responsibility for the management of the company.
The agent cannot tell his immediate family to trade the security because they could use the information for personal gain. Using the information would be considered insider trading and would be a violation of the law. Likewise, the agent cannot tell anyone to trade the security.
The client could be informed to trade the security but with the disclosure of all the information to the public.
The agent is required to keep MNPI confidential and disclose it only when necessary to comply with the laws and regulations.
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3M stock started the year at $147, and by the end of the year
had increased to $166. 3M also paid 5 in dividends during the year.
What was the percent return for 3M?
Answers
The percent return for 3M stock is approximately 16.33%.
To calculate the percent return for 3M stock, we need to consider both the change in stock price and the dividends paid.
The initial stock price of 3M was $147, and by the end of the year, it had increased to $166. This represents a price increase of $166 - $147 = $19 per share. In addition, 3M paid $5 in dividends during the year.
To calculate the percent return, we can use the formula:
Percent Return = ((Change in Price + Dividends) / Initial Price) * 100
In this case, the change in price is $19, and the dividends paid is $5. The initial price is $147.
Using the formula:
Percent Return = (($19 + $5) / $147) * 100
Percent Return = ($24 / $147) * 100
Percent Return ≈ 16.33%
Therefore, the percent return for 3M stock is approximately 16.33%.
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Common stock dividends are ________ specified by contract—they depend on the firm's earnings.
(a) always
(b) sometimes
(c) never
Answers
Common stock dividends are sometimes specified by contract—they depend on the firm's earnings. In some cases, the payment of common stock dividends is subject to contractual provisions or legal constraints, but the majority of the time, dividends are determined by the company's board of directors based on the company's earnings and other factors.
In general, companies try to maintain a dividend payment, even if the amount varies from year to year.Dividends are payments made by a corporation to its shareholders in proportion to their ownership of the company's stock. The dividend is paid out of the corporation's net profit for the year or retained earnings. Dividends are often paid in cash, although they can also be paid in the form of stock or other assets.
A dividend is a method for companies to distribute their profits to shareholders.Common stock and its dividendsCommon stock is a type of ownership in a corporation that entitles shareholders to vote at shareholder meetings and receive dividends if and when they are declared. Dividends on common are typically paid after any dividends on preferred stock have been paid.
The amount of common stock dividends varies depending on the company's earnings, financial performance, and other factors. Companies with a long history of paying dividends are known as "dividend aristocrats."
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a copayment is a percentage of the fee for services provided that the patient pays. a set amount that each patient pays for each office visit. a portion of the fee that the physician must write off. a capitation payment.
Answers
Capitation payments are used by managed care organizations to regulate healthcare costs. Capitation payments control the amount of healthcare consumed by putting the doctor's finances at risk for patient care.
Describe capitation.Capitation is one way to pay for medical services. It pays a fixed amount for each enrolled individual assigned to them during a specific time period regardless of whether that person seeks care. Public insurance payments are used by managed care organizations to regulate healthcare costs. Capitation payments control the amount of healthcare consumed by putting the doctor's finances at risk for patient care. An example of capitation would be a 5,000 patient IPA, a type of HMO. The IPA must ensure that its patients will have insurance for the upcoming session.
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1. Why do stock index funds have a higher rate of return than corporate bonds or savings accounts?a. There are more people investing in a stock index fundb. There is less risk with a stock index fundc. There is more risk with a stock index fundd. More cash is required to invest in a stock index fund/2. Which of the following correctly describes the relationship between risk of loss of principal and potential return for financial assets such as stocks and bonds?a. As the level of risk of loss of principal increases, the level of potential reward decreases.b. As the level of risk of loss of principal decreases, the level of potential reward increases.c. There is no relationship between the two.d. As the level of risk of loss of principal increases, the level of potential reward increases.
Answers
1. The reason stock index funds have a higher rate of return than corporate bonds or savings accounts is that there is more risk with a stock index fund. The correct answer is option c. 2. The statement that describes the given relationship is as the level of risk of loss of principal increases, the level of potential reward increases. The correct answer is option d.
1. Stock index funds have a higher rate of return than corporate bonds or savings accounts because they have a higher level of risk. Higher risk investments typically have the potential for higher returns, as investors are compensated for taking on additional risk.
2. Considering the relationship between risk of loss of principal and potential return for financial assets such as stocks and bonds it is described that as the level of risk of loss of principal increases, the level of potential reward increases. This relationship is known as the risk-reward tradeoff. Investors are typically willing to accept a higher level of risk in exchange for the potential for higher returns. Conversely, lower risk investments typically offer lower potential returns.
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It is a strong drive to achieve goals and objectives through focus and proactive follow-through.
a.
Consistency
b.
Coordination
c.
Competence
d.
Commitment
Answers
Answer:
C
Explanation:
Competence gives you the ability or skill to do something
A company makes $200,000 in a year and has $150,000 in production costs, leaving them with $50,000. The $200,000 represents
Answers
Answer: The $200,000 represents the revenue a company makes in a year.
Answer:
revenue
Explanation:
suppose an economy is in long-run equilibrium. the central bank reduces the money supply by 5 percent. use your diagram to show what happens to output and the price level as the economy moves from the initial to the new short-run equilibrium. aggregate demand aggregate supply price level quantity of output lras aggregate demand aggregate supply now adjust the graph to show the new long-run equilibrium. what causes the economy to move from its short-run equilibrium to its long-run equilibrium? the government increases taxes to curb aggregate demand. the government increases spending to increase aggregate demand. nominal wages, prices, and perceptions adjust downward to this new price level. nominal wages, prices, and perceptions adjust upward to this new price level. which of the following is true according to the sticky-wage theory of aggregate supply as a result of the decrease in the money supply? check all that apply. nominal wages at the initial equilibrium are equal to nominal wages at the new short-run equilibrium. nominal wages at the initial equilibrium are greater than nominal wages at the new long-run equilibrium. real wages at the initial equilibrium are greater than real wages at the new short-run equilibrium. real wages at the initial equilibrium are equal to real wages at the new long-run equilibrium. judging by the impact of the money supply on nominal and real wages, this analysis consistent with the proposition that money has real effects in the short run but is neutral in the long run.
Answers
According to sticky-wage theory of aggregate supply as a result of the decrease in the money supply, the statement which is true is option e. judging by the impact of the money supply on nominal and real wages, this analysis consistent with the proposition that money has real effects in the short run but is neutral in the long run.
When the central bank reduces the money supply by 5 percent, it will have an impact on the economy in the short run and the long run. In the short run, the decrease in the money supply will lead to a decrease in aggregate demand. Using the aggregate demand-aggregate supply (AD-AS) diagram:
In the short run, the decrease in aggregate demand will result in a leftward shift of the aggregate demand curve. This will lead to a decrease in both output and the price level, moving the economy from the initial equilibrium to a new short-run equilibrium.
To show the new long-run equilibrium, we need to consider the adjustments that occur over time:
Nominal wages, prices, and perceptions adjust downward to the new lower price level. This adjustment occurs over time as contracts are renegotiated and wage and price adjustments take place. As a result, the short-run aggregate supply curve (SRAS) will shift downward, reflecting lower nominal wages and prices.
To answer the question regarding the movement from short-run equilibrium to long-run equilibrium:
Nominal wages, prices, and perceptions adjust downward to the new lower price level. This adjustment helps the economy move from its initial short-run equilibrium to its new long-run equilibrium.
Regarding the sticky-wage theory of aggregate supply:
Nominal wages at the initial equilibrium are equal to nominal wages at the new short-run equilibrium. (True)
Nominal wages at the initial equilibrium are greater than nominal wages at the new long-run equilibrium. (False)
Real wages at the initial equilibrium are greater than real wages at the new short-run equilibrium. (True)
Real wages at the initial equilibrium are equal to real wages at the new long-run equilibrium. (False)
Finally, judging by the impact of the money supply on nominal and real wages, this analysis is consistent with the proposition that money has real effects in the short run but is neutral in the long run.
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A small family ice cream business sells boxes of cones (ten in each box) and has the following costs. Rent £500 per month Electricity £200 per month Wages £1800 per month Equipment loan £210 per month Leasing charges £120 per month Ice cream 11p per cone Packing 30p per box of ten cones Wafer 2p per cone The revenue is £3. 20 per box of 10 cones
a. What is the break-even output in boxes of cones, per month?
b. What will be the profit or loss at an output of 2100 boxes per month?
c. What will be the profit or loss at an output of 1550 boxes per month?
d. What would happen to the break-even output if wages increased by £300 per month?
Answers
a. The break-even output in boxes of cones per month is 2,667 boxes.b. At an output of 2,100 boxes per month, the business will incur a loss of £490.
a. To calculate the break-even output, we need to determine the number of boxes required to cover all the costs. The total fixed costs (Rent, Electricity, Equipment loan, Leasing charges) sum up to £500 + £200 + £210 + £120 = £1,030 per month. The total variable costs (Wages, Ice cream, Packing, Wafer) per box of cones amount to £1,800 + (10 * £0.11) + £0.30 + (10 * £0.02) = £1,812 per box. Dividing the fixed costs by the contribution margin per box (revenue per box minus variable costs per box), we get the break-even output: £1,030 / (£3.20 - £1.812) = 2,667 boxes.
b. At an output of 2,100 boxes per month, the total revenue will be 2,100 * £3.20 = £6,720. The total variable costs will be 2,100 * £1.812 = £3,805. The total fixed costs remain the same at £1,030. Hence, the profit or loss can be calculated as revenue minus variable costs minus fixed costs: £6,720 - £3,805 - £1,030 = -£490 (a loss of £490).
c. At an output of 1,550 boxes per month, the total revenue will be 1,550 * £3.20 = £4,960. The total variable costs will be 1,550 * £1.812 = £2,807. The total fixed costs remain the same at £1,030. Therefore, the profit or loss is calculated as revenue minus variable costs minus fixed costs: £4,960 - £2,807 - £1,030 = -£1,515 (a loss of £1,515).
d. If wages increase by £300 per month, it will affect the total variable costs. As the variable costs per box increase, the contribution margin per box decreases. However, the break-even output remains the same since the fixed costs and revenue per box do not change. The break-even output is still 2,667 boxes per month.
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HELP ME PLEASE
Based on the cell theory, which of the following is true? (5 points)
All cells are too small to be seen.
All living things are made of cells.
Small organisms have more cells than large organisms.
Large organisms have larger cells than small organisms.
5.
(04.02 LC)
Anton Leeuwenhoek devised a primitive microscope to observe a sample of his tooth scrapings. How did this help contribute to cell theory? (5 points)
It helped to show that cells cannot function independently.
It helped to show that some bacteria can swim like fish.
It helped to show that some bacteria are just one cell.
It helped to show that cells can be created from thin air.
6.
(04.02 MC)
A scientist eliminated all living organisms in a jar of soup by heating it. He then left the soup jar uncovered for some days. After a few days, he saw molds in the soup. What most likely formed the mold? (5 points)
Mold spores present around the jar
Nonliving matter in the environment
Water molecules in the soup
Glass particles in the jar
7.
(04.02 LC)
A scientific theory is different than the way we use the word theory in common speech. Which of the following describes the way the term theory is used in everyday life? (5 points)
It explains how nature works.
It is supported by observation and testing.
It is supported by experimental results and data.
It is a random guess about how something happened.
8.
(04.02 MC)
Read the two statements given below.
Statement 1: Children knocked over the trash can while cycling
Statement 2: Plant cells generate from sunlight and chlorophyll
Which of the following best relates the statement to the correct type of theory? (5 points)
Both statements are about scientific theories.
Both statements are about everyday life theories.
Statement 1 is about an everyday life theory, and statement 2 is about a scientific theory.
Statement 1 is about a scientific theory, and statement 2 is about an everyday life theory.
9.
(04.03 LC)
Which number label represents the nucleus?
6
5
3
2
10.
(04.03 LC)
Which organelle provides protection and support to a cell? (5 points)
Cell wall
Cytoplasm
Nucleus
Ribosome
11.
(04.03 MC)
Plant cells and animal cells were observed under a microscope. The characteristics of two cells are listed below.
Cell X: Has chloroplast
Cell Y: Does not have a cell wall
Which statement about the two cells is correct? (5 points)
Cell X has a cell membrane.
Cell X has a small vacuole.
Cell Y has a large vacuole.
Cell Y has chloroplast.
12.
(04.03 MC)
What will most likely happen in the absence of a cell wall? (5 points)
Photosynthesis will not occur.
The cell will lose its shape and support.
Cellular respiration will not take place.
Substances will not move in and out of the cell.
Answers
Answer:
I only know the answer to the last question, sorry.
The cell will lose its shape and support
Explanation:
I took the quiz.
Is it better to pay off credit debt or create an emergency fund? Why?
Answers
Answer:
“Every single day your high-interest debt goes unpaid, it's costing you money — a LOT of money — in interest,” Krawcheck says. Instead of putting your extra cash toward an emergency fund, she suggests that focusing all of it on credit card debt first will save you more in the long run.
Explanation:
cnbc.com/select/pay-off-credit-card-debt-or-save-for-emergency-fund/#:~:text=“Every%20single%20day%20your%20high,more%20in%20the%20long%20run.
name an internal data source that can be used for planning
Answers
Answer:
Sales. Internal data in the sales department include revenue, profits, and bottom line. ...
Finance. ...
Marketing. ...
Human Resource.
what is entrepreneur
Answers
Answer: An entrepreneur is a person who creates a new business venture with all the possible risks. He is the person who brings an idea to the table for a new business. Then he acquires resources, labor, and capital to set up the business, produce goods and services
Explanation: Hope this was helpful
An expense that is the same amount each month.
Fixed Expense
Variable Expense
Monthly Expense
Answers
Answer:
Fixed Expense
Explanation:
Jonah had $25 to spend. He
decided to buy a new shirt
instead of going to the
amusement park with his
friends, Jonah has: purchased a
service, made an economic
tradeoff, made a poor
economic decision, or ignored
the concept of scarcity
Answers
Answer:
ignored the concept of scarcity
Suppose that for 10 bicycles, the total fixed cost is $100 and total variable cost is $300. Then the average fixed cost and average variable cost are:
Answers
The price one bicycle is $21
Explanation:
because 100÷10=0.1
and the total is 300$
300-100=20
20+0.1=20
answer is 21
What is the present value of $200 promised two years from now at 5% annual interest? A. $190.00. B. $220.00. C. $180.00. D. $181.41.
Answers
Present value is a financial concept that refers to the current value of a future sum of money, discounted at a specific rate of return.
The present value of $200 promised two years from now at 5% annual interest can be calculated using the present value formula:
Present value = Future value / (1 + interest rate)^n
Where n is the number of years.
In this case, n is 2 and the interest rate is 5%, so we have:
Present value = $200 / (1 + 0.05)^2
Present value = $200 / 1.1025
Present value = $181.41
Therefore, the correct answer is D. $181.41.
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Pretend you are a highschool student who makes minimum wage. You want to buy a new car, but you are $10,000 short. You are looking at the two loans identified below. Explain which loan is more appealing and why you would choose that over the other. Use details to support your answer.
Thanks for the help!!!
Answers
The benefit of Loan B is the term of payment is longer and the monthly repayments are lower. This could be good for someone working minimum wage due to having a low income.
In conclusion, I think Loan A would be better due to the interest being lower which is always a plus for loans.
Competitive Market
A market in which there are many buyers and sellers of the same good or service, none of whom can influence the price at which the good or service is sold.
Supply and Demand Model
A model of how a competitive market works.
"price-takers"
Suppliers and Demanders are _______.
Demand Curve
Tells us how much consumers are willing to buy at each price. Shows relationship between quantity demanded and price.
Supply Curve
Tells us how much a firm is willing to sell at each price. Shows relationship between quantity supplied and price.
Equilibrium
The models predicition for the resulting price and quantity transacted in the market.
Quantity Demanded
Amount demanded at ONE PARTICULAR price. The actual amount of a good or service consumers are willing to buy at some specific price,
Demand
The quantity demanded at EVERY price.
Law of Demand
Quantity demanded is higher when prices are lower, all other-things equal, or demand curves slope downward.
Change in price causes a movement,
Outside event causes a shift in the curve
What causes a movement along a curve and what causes a shift in the curve? (supply or demand)
1) changes in prices of related goods
2) Changes in Income
3) Changes in Tastes
4) Changes in expectations
5) Changes in the Number of Consumers
What five things cause the demand curve to shift?
Substitutes
Goods that take the place of the good of interest
Decrease
Decrease in the price of a substitute good in consumption will ________ the demand for a given good.
Increase
Increase in the price of a substitute good in consumption will ________ the demand for a given good.
Complements
Goods that enhance the good of interest. Goods consumed together.
decrease
Increase in the price of a complement in consumption will _______ the demand for a given good.
Increase
Decrease in the price of a complement in consumption will ________ the demand for a given good.
increase
An Increase in income will __________ the demand for a normal good.
Decrease
A decrease in income will _____ the demand for a normal good.
decrease
An increase in income will ______ the demand for an inferior good.
increase
A decrease in income will _______ the demand for an inferior good.
Increase
An increase in taste for a good will ______ demand. (vice versa)
future
We respond to ______ expectations for income and prices.
decrease
An expected decrease in price will _______ the demand today.
Increase
An expected increase in price will __________ the demand today.
Increase
More consumers in a population will _____ the demand.
Increase
Population movements to california will ____ the demand for housing in california.
Market demand Curve
The horizontal sum of individual demand curves.
Quantity Supplied
The amount supplied at ONE PARTICULAR price. Amount of a good or service producers are willing to sell at some specific price.
Supply
The quantity supplied at EVERY price.
THERE ISNT ONE.
Supply curve doesn't neccessarily have to be upward sloping.
What is the Law of Supply?
1) Changes in input prices
2) Changes in the prices of related goods or services
3)Changes in technology
4) Changes in Expectations
5) Changes in number of producers
What are the 5 things that might shift a supply urve
decrease
An increase in input prices causes a ______ in supply.
increase
A decrease in input prices causes a _____ in supply.
decrease
An increase in the price of substitutes in production will _____ supply.
increase
A decrease in price of substitutes in production will _______ supply.
increase
An increase in price of complements in production will _____ supply.
decrease
A decrease in the price of complements in production will _______ supply.
Technology
What transforms inputs into outputs.
Increase; It reduces input needs/overall input costs.
Better technology will generally ____ supply.
reduce; increase
Suppose firms expect the demand for diamonds to increase next year. Firms will ______ supply today, and ______ supply next year.
increase
More firms _____ supply,.
decrease
Less firms _____ supply.
Surplus
Price at which supply is greater than demand
Shortage
Price at which demand is greater than supply.
Supply equals demand. (until market is in equilibirum)
If economy is in a surplus or shortage, the price will change until.....
one; move along
For one event, shift _____ curve and ______ the other.
Answers
In economic theory, perfect competition occurs when all firms sell identical products, market shares do not affect price, firms can enter or exit without barriers.
What is a competitor's product?
Examples of competing products include footwear, apparel, and home goods. When you go to a store to buy standard products, you are buying competitor products. Competitor products are goods and services that your target market may prefer over yours. Physical goods like clothing and toys are examples of competing items. Competition is defined as a situation where you can win or have a strong desire to win or be the best.
An example of competition is the process by which major league baseball teams compete against each other. An example of a competition is a student who wants to be first in their class.
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describe how net profit of a business is calculated?
Answers
Answer:
u must work out the total cost and variable cost and add them up, then you must count all your sales and figure out ur revenue. then u do ur total revenue minus ur total costs
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The formula to calculate profit is: Total Revenue - Total Expenses = Profit. Profit is determined by subtracting direct and indirect costs from all sales earned. Direct costs can include purchases like materials and staff wages. Indirect costs are also called overhead costs, like rent and utilities.
For businesses, profit is often calculated by profit margin formula:follow me nice business
a.Explain one argument for and one argument against removing employment laws.
b.Explain why employment laws may only affect a small percentage of the labour force in some countries.
Answers
One possible reason for removing employment laws is because they are outdated and hence need to be replaced with a more workable system.
One possible reason for NOT removing them is because, in a capitalist society, without laws, the employees are bound to be left at the mercy of business owners.
What are Employment laws?Labour laws are those that serve as a bridge between employees, employers, trade unions, and the government. Collective labor law is concerned with the three-way relationship between employee, employer, and union. Individual labor law addresses employees' rights at work, including through the employment contract.
Title VII (of the Civil Rights Act); the Americans with Disabilities Act; the Age Discrimination in Employment Act; the Equal Pay Act; the Fair Labor Standards Act; the Family and Medical Leave Act; the Immigration Reform and Control Act; and the National Labor Relations Act are the principal federal employment laws.
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if the mean is 32 and the median is 40 what would be value of mode
Answers
Answer:
Step-by-step po:
3 Median = Mode + 2 Mean
Given: Mean = 30 / Mode = 40
Now: 3 Median = Mode + 2 Mean
=> 3 Median = 40 + 2 (30)
=> 3 Median = 40 + 60
=> 3 Median = 100
=> Median = 100/3
=> Median = 33.3
Explanation:
Describe the relationship of security management to application security, operating system security and physical security.
Answers
The relationship of security management to application security, operating system security and physical security is very important because each element plays a crucial role in ensuring overall security of the system. Security management helps in designing and maintaining security standards and protocols for all aspects of security in the system.
Application Security:
Application security involves the use of software, hardware, and procedural methods to protect applications from external threats. Security management is responsible for ensuring that the applications installed are secure and up-to-date. Application security protocols should also be put in place to ensure that all transactions within the application are secure.
Operating System Security:
Security management plays an important role in ensuring the security of the operating system by developing and implementing policies and procedures. It is responsible for managing user accounts, controlling access to files and data, and maintaining security settings on the system. It ensures that all operating system updates are installed promptly.
Physical Security:
Physical security involves the protection of physical assets such as buildings, facilities, and equipment from unauthorized access, theft, or damage. Security management is responsible for ensuring that physical security measures are in place and maintained. This includes access control systems, security cameras, fire prevention systems, and intrusion detection systems.
In conclusion, security management plays a crucial role in ensuring the security of the application, operating system, and physical security. It is responsible for implementing policies, procedures, and protocols to ensure that all aspects of security are protected from external threats.
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I should probably not paint the walls of my apartment because O I have an absolute advantage in painting my walls relative to a painting service. O I have a comparative advantage in painting my walls relative to a painting service. O my opportunity cost of painting my walls is higher than the cost of paying someone to do it for me. O I might fall from the ladder.
Answers
Based on the given options, the best answer to your question would be "O my opportunity cost of painting my walls is higher than the cost of paying someone to do it for me."
This means that the value of your time spent painting the walls is higher than the cost of hiring someone to do it for you.
In terms of comparative advantage, it may not necessarily apply to this situation as it is more related to trade between countries and the ability to produce a good or service at a lower opportunity cost than another country.
As for the potential risk of falling from the ladder, it is important to prioritize safety and consider hiring a professional if necessary.
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Which of the following is not an advantage of personal selling?
A.) ability to get immediate action
B.)ability to cultivate relationships
C.)relatively low cost
D.)ability to be individually tailored
Answers
Answer:
C.)relatively low cost
Explanation:
Personal selling involves the use of a sales team to engage customers and convince them to buy. It is a one-on-one interaction between the seller and potential buyer.
Personal selling is a costly affair. Each salesperson can only engage one client at a time. To engage a large number of customers, a big team of salespeople is required. The hiring of good salespeople, training them, salaries, bonuses, and commissions can be expensive.
In 1960, the owner in fee simple of Barrenacres, a large, undeveloped tract of land, granted an easement to the Water District "to install, inspect, repair, maintain, and replace pipes" within a properly delineated strip of land twenty feet wide across Barrenacres. The easement permitted the Water District to enter Barrenacres for only the stated purposes. The Water District promptly and properly recorded the deed. In 1961, the Water District installed a water main which crossed Barrenacres within the described strip; the Water District has not since entered Barrenacres. In 1965, the landowner sold Barrenacres to a purchaser, but the deed, which was promptly and properly recorded, failed to refer to the Water District easement. The purchaser built his home on Barrenacres in 1965, and since that time he has planted and maintained, at great expense in money, time, and effort, a formal garden area which covers, among other areas, the surface of the twenty-foot easement strip. In 2006, the Water District proposed to excavate the entire length of its main in order to inspect, repair, and replace the main, to the extent necessary. At a public meeting, at which the purchaser was present, the Water District announced its plans and declared its intent to do as little damage as possible to any property involved. The purchaser objected to the Water District plans. Assume that the purchaser reserved his rights and after the Water District completed its work sued for the $5,000 in damages he suffered by reason of the Water District entry.The purchaser's attempt to secure damages probably will _______
Answers
The purchaser's attempt to secure damages probably will not be successful.
The reason for this outcome lies in the fact that the Water District holds a valid easement over the twenty-foot strip of land on Barrenacres. The easement was granted by the original owner in 1960 and properly recorded, which gave the Water District the right to "install, inspect, repair, maintain, and replace pipes" within the delineated area.
When the landowner sold Barrenacres to the purchaser in 1965, the deed failed to refer to the Water District's easement. However, since the easement was properly recorded, it remained in effect even after the sale, and the purchaser took ownership of the property subject to the easement.
The purchaser built his home and formal garden on Barrenacres, covering the surface of the twenty-foot easement strip. However, the existence of the garden does not negate the Water District's rights to the easement. The Water District announced its plans to excavate the main in order to inspect, repair, and replace it as necessary, which falls within the rights granted by the easement.
Even though the purchaser objected to the Water District's plans, the Water District is within its rights to access and utilize the easement for the stated purposes. Since the Water District is exercising its lawful rights under the easement, the purchaser's attempt to secure damages for the $5,000 he suffered due to the Water District's entry will likely be unsuccessful.
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Use the labor-force-participation (CIVPART) and employment-to-population (EMRATIO) ratios to create a graph from 1948-present (use LINE 1 and LINE 2). Attach File QUESTION 2 business cycle between exp
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The labor force participation rate (CIVPART) and the employment-to-population ratio (EMRATIO) are two important statistics that can be used to understand the state of the labor market.
To create this graph, we need to collect data from 1948 to the present day and then plot it on a graph.
Here is how you can create the graph:
1. Collect data on the CIVPART and EMRATIO from the Bureau of Labor Statistics website.
2. Create a table with two columns: one for the CIVPART data and one for the EMRATIO data.
3. Plot the CIVPART data on LINE 1 of the graph and the EMRATIO data on LINE 2.
4. Label the x-axis with the years from 1948 to the present day and the y-axis with the percentages for the CIVPART and EMRATIO.
5. Use different colors for each line to make it easier to distinguish between them.
6. Add a legend to the graph that explains which line represents which statistic.
7. Add a title to the graph that explains what it shows
Once you have created the graph, you can use it to analyze the trends in labor force participation and employment-to-population ratios over time. You can look for patterns and trends in the data, such as changes in the ratios during different business cycles.
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What kind of location appears temporarily, and then disappears?
Answers
Answer:
pop up retail location
Explanation:
Healthy Plants Ltd. (HP) produces its premium plant food in 50-pound bags. Demand for the product is 100,000 pounds per week. HP operates 50 weeks per year and can produce 250,000 pounds per week. The setup cost is $200, and the annual holding cost rate is $0.55 per bag. Currently, HP produces its premium plant food in batches of 1,000,000 pounds. Using the data provided in Problem 23, determine what will happen if HP uses the economic production quantity model to establish the quantity produced each cycle.
Answers
Based on the weekly demand, production capacity and holding cost, the EPQ must be 550,482.88 pounds or 11,009.66 bags.
The Economic Production Quantity can be found by the formula:
= √( ( 2 x Annual demand x Setup cost) / ( Annual holding cost per pound x ( 1 - Demand rate per week / Production rate) ) ) )
Annual demand = Demand per week x Number of weeks in HP year)
= 100,000 x 50
= 5,000,000
Annual holding cost per pound = Cost per bag / Number of pounds in bag
= 0.55 / 50 pounds
= $0.011 per pound
Economic Production Quantity = √( ( 2 x 5,000,000 x 200) / ( 0.011 x ( 1 - 100,000 / 250,000) ) ) )
= 550,481.88 pounds
In bags this is:
= 550,481.88 / 50 pounds per bag
= 11,009.66 bags
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The question is:
Calculate the economic production quantity (EPQ) in pounds and bags