assume that the jpy and CNY are highly correlated. a u.s. firm anticipates the equivalent of $1 million cash outflows in CNY and the equivalent of $1 million cash outflows in jpy. during a strong dollar cycle, the firm is favorably affected by its exposure.
China uses the renminbi (CNY) as its official currency legalized by the communist government. It is one of the most traded currencies in the world, coming in at number five. Japan's national currency is the yen (JPY). After the US dollar and the euro, it is the third most traded currency on the foreign exchange market. It has a subunit known as the Sen. It is also commonly utilized as a third reserve currency. Price pressure results from an increase in the cost of importing goods from the United States when a nation's currency depreciates versus the dollar.
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Stable Hydraulics Corporation's articles list an incorrect address for its incorporator. Under this circumstance, Stable is most likely O a corporation by estoppel. e a de facto corporation. O a de jure corporation. O ultra vires.
Under this circumstance, Stable is most likely a corporation by estoppel. While a company presents itself to people as a corporation when it has made no endeavour to do so, the company will typically be denial of corporate status.
For this happens, the entity will only be treated as a corporation by courts when resolving disputes. A corporation's board of directors oversees management, while its shareholders are the true owners. A limited liability business that circumstance all ownership details is known as an anonymous firm. An anonymous LLC must be established in a state that permits it, and a separate individual must register it after that. Information about the company is kept confidential under the secrecy jurisdiction.
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Ida works on creating ways to ensure that customers receive goods at the right time and correct location. Ida is involved in her firm's _____ strategy.
A. promotion
B. transportation
C. pricing
D. product
Ida as an employee in the firm s involved in her firm's
promotion
strategy.
What is promotion?
In the
marketing
sector, "promotion" refers to any marketing communication intended to inform target audiences of the relative merits of a certain good, service, concept, or brand. Usually persuasive in nature, promotional messages. Marketing professionals can make a lasting impression on their target audience by following both a cognitive and an emotive path. Promoting a brand aims to increase awareness of it, strengthen customer loyalty to it, or boost sales.
Promotion
is one of several elements that make up the promotional mix or plan. They also comprise word-of-mouth, advertising, sales promotion, and direct marketing publicity in addition to event marketing, exhibits, and trade shows. Promotion describes the marketing techniques a company uses to reach out to
customers
and tell them about its products.
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when an economy is not using all of its resources, it is producing at a point below its production possibilities frontier.
When an economy is not using all of its resources, it is producing at a point below its production possibilities frontier. This is a true statement.
A point at which an economy is producing but not utilising all of its resources?A country's economy is producing when it is operating below the border of its output potential. Both of these nice XNY 1000 X and zero Y or 400 Y and 0 X combinations can be produced by the economy. Furthermore, there is never a difference in the opportunity cost between the two items.
How do you find the production possibilities frontier?Pick two variables to compare, and make a column in the spreadsheet for each variable. Then, you may calculate the production possibility frontier. Each row will have values representing a data set that can be compared to determine production potential values once the columns have been filled with the values for each variable.
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47. Shauna received a distribution from her 401(k) account this year. In which of the following situations will Shauna be subject to an early distribution penalty?
A. Shauna is 60 years of age but not yet retired when she receives the distribution.
B. Shauna is 58 years of age but not yet retired when she receives the distribution.
C. Shauna is 56 years of age and retired when she receives the distribution.
D. Shauna is 69 years of age but not yet retired when she receives the distribution.
When Shauna receives the distribution, she is 58 years old but not yet retired.
What exactly do you mean by "account"?
A document of credit and debit entries covering transactions involving a specific item (such as money or account receivables) or a specific person or concern.
What Are the Different Types of Savings Accounts?
Account for checking. Consider a checking account to be your "everyday account." It's a place where you keep money that you can use to pay bills or cover day-to-day expenses.Account for Savings.Account for Money Market.Deposit Certificate (CD).To know more about Accounts visit:
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Scenario 12-1 Ken places a $20 value on a cigar, and Mark places a $17 value on it. The equilibrium price for this brand of cigar is $15. Refer to Scenario 12-1. How much total consumer surplus do Ken and Mark get when each purchases one cigar? a. $2 b. $1 c. $5 d. $7
The total consumer surplus here is $7 whereas the consumer surplus of Ken is $5 and the consumer surplus of Mark is $2 respectively. The equilibrium price for this brand of cigar is $15.
Given,
Ken place a value on cigar =$20
Equilibrium price of cigar = $15
Mark place a value on cigar =$17
However, it is required in order to calculate the total consumer surplus.
Total consumer surplus = What consumer is ready to pay- and what he exactly pays.
For Ken consumer surplus is = $20 - $15 = $5 (A)
Whereas, for Mark, consumer surplus is = $20 - $17 = $2 (B)
Total consumer surplus is (A+B) = $7
Hence, the total consumer surplus is $7. Whereas the consumer surplus of Ken is $5 and for Mark is $2 respectively.
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if the ending balance of a deferred revenue account is less than its balance at the beginning of the accounting period: accrual basis revenues are less than cash collections from customers accrual basis net income exceeds cash basis net income g
Revenues calculated on the accrual basis are lower than cash collections from customers.
On the accrual basis of accounting, revenues are recognized when they are earned, regardless of when the cash is collected. Deferred revenue is an asset account that represents revenue that has been earned but has not yet been collected in cash.
If the ending balance of the deferred revenue account is less than its balance at the beginning of the accounting period, it means that the company has recognized more revenues on an accrual basis than it has collected in cash from customers. This could occur, for example, if the company has recognized revenue for goods or services that have been delivered to customers but have not yet been paid for.
In this situation, accrual basis net income may exceed cash basis net income. The cash basis of accounting recognizes revenues and expenses only when cash is received or paid out. If a company has recognized more revenues on an accrual basis than it has collected in cash, its accrual basis net income will be higher than its cash basis net income.
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Alberto is a prior client but you are having trouble locating him when you enter his name phone number and date of birth how else can you search for alberto in appointment manager
One of the backbones of life is making and keeping arrangements. Many individuals consider "an arrangement" to mean a specialist's visit or a prospective employee meeting or other more formal. Notwithstanding,
What is an employee?A worker or manager who works for a business, group, or community is referred to as an employee. The organization's personnel consists of these people. There are various types of employees, but in general, any individual engaged by an employer to do a specific task in exchange for remuneration is considered an employee.
it is critical to understand that such exercises as meeting a companion for lunch or supper, showing up for a show with companions, or having work done on your level are arrangements.
While making an arrangement you ought to give the individual your name and the justification behind needing an arrangement. You ought to likewise request the sum from the time the arrangement will take and on the off chance that you ought to expect a stand-by time preceding the arrangement.
Make certain to get some information about abrogation approaches and techniques, a few organizations force punishments for retractions that happen under 24 hours before the arrangement.
Therefore, A specialist's visit, a meeting with a potential employee, or something else more formal. Notwithstanding,
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____ is the amount of information a communication medium can carry and the extent to which the medium enables the sender and receiver to reach a common understanding. Noise
Information distortion
Information overload
Information richness
A communication medium's information richness refers to how much information it can convey and how well it enables sender and receiver to comprehend one another. The correct answer is option (c).
What is Information richness?Daft and Lengel describe information richness as "the power of data to change knowledge during a time span." According to the media richness hypothesis, each medium of communication has a different capacity for facilitating user communication and transforming knowledge.
The potential of an exchange of information to alter a participant's knowledge over time is known as information richness. Knowledge that is appropriate for the medium in which it is presented is more likely to be effectively and properly transmitted and comprehended.
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assume that country x and country y are trading partners. if the average income in country x increases, which of the following will occur in the foreign exchange market?
If the average income in country x increases, in the foreign exchange market the demand for country X's currency will increase, and country Y's currency will depreciate. Thus, Option (B) is correct.
When the average income in Country X increases, its citizens' purchasing power rises. This results in a higher demand for goods and services, including those from Country Y. To make purchases from Country Y, people in Country X need more of Country Y's currency, increasing the demand for it.
Simultaneously, as the demand for Country Y's currency rises in Country X, the demand for Country X's currency also increases due to higher economic activity.
Consequently, the value of Country X's currency strengthens, while Country Y's currency depreciates relative to Country X's currency. This is a natural outcome of the income disparity and trade interactions between the two countries.
Thus, Option (B) is the accurate description of what happens in the foreign exchange market when the average income in Country X increases.
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Assume that Country X and Country Y are trading partners. If the average income in Country X increases, which of the following will occur in the foreign exchange mean?
A)The demand for country Y's currency will increase, and country X's currency will depreciate.
B)The demand for country X's currency will increase, and country Y's currency will depreciate.
C) Nothing will change
Identifying returns to scale Aa Aa Imagine Marco owns a business that produces custom stationery. The only input to production he requires is the stationery printing machines, for which he pays a rental rate (r) of $5 per hour. The following table gives the number of machines required to produce each quantity (q) of stationery per hour. Calculate the total, marginal, and average costs of producing one, two, and three sets of stationery per hour and enter these values into the table. Then, use the red line (cross symbols), purple line (diamond symbols), and green line (triangle symbols) to plot the total, marginal, and average cost curves, respectively, on the graph that follows Total Cost Marginal Cost Average Cost Quantity (q) Machines per Hour 2 4 COST PER HOUR (Dollars) 50 Total Cost 40 Marginal Cost 30 Average Cost 20 OUTPUT PER HOUR (Stationery sets HelpClear All Marco's business faces returns to scale. Additionally, as he increases production, marginal costs are as output rises, meaning that the marginal cost is always average costs.
Returns to scale is a phrase that describes how proportionally changes in output change when all production input amounts are altered by the same factor.
What is production?The process of mixing several inputs, both material and immaterial, to produce output is known as production. In a perfect world, this output would be a product or service that is useful to people and has value.
Production theory is the branch of economics that concentrates on production; it is closely related to the consumption (or consumer) theory of economics.
Utilizing the initial inputs productively results in the production process and output directly. Land, labor, and capital are regarded as the three major production components and are referred to as primary producer commodities or services.
Both the output process and the final product do not considerably change these essential inputs or turn them into integral parts of the final product. Materials and energy are categorized as secondary elements in classical economics since they are byproducts of land, labor, and capital.
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TSLA stock price is currently at $600. The $700-strike European TSLA call option expiring 6 months from now has a delta of 0.44. N(D2) of the option is 0.29. Assume a continuous compounding interest rate of 5% and no dividend. Compute the Black-Merton-Scholes value of the call option (round to 0.01).
The overall impact on your position will be determined by the current stock price and the terms of the options if you are short 50 contracts on a 2-year 50-delta call option on Tesla and long 25 contracts on the stock. The correct response is B. $9.59.
A stock's delta call option is a gauge of how much the price of the option is anticipated to fluctuate in reaction to changes in the value of the underlying asset. When the price of the underlying stock rises by $1, a call option with a delta of 50 will normally gain value by roughly half as much as the stock.
As a result, if the stock price increases by $1, the value of your option position will rise by about 50 * $1/2 = $25. The real effect on your position, however, could be different given the current stock price and other variables; this is only a preliminary estimate. You would need to account for the current stock price, the options' strike price, the amount of time before expiration, the options' implied volatility, and any additional relevant elements to obtain a more precise calculation.
complete question:
TSLA stock price is currently at $600. The $700-strike European TSLA call option expiring 6 months from now has a delta of 0.44. N(D2) of the option is 0.29. Assume a continuous compounding interest rate of 5% and no dividend. Compute the Black-Merton-Scholes value of the call option (round to 0.01).
A. $ 7.29
B. $ 9.59
C. $ 5.63
D. $ 8.99
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A client agrees to run heavy advertising for two weeks, followed by no advertising at all for a while, and then again having a two-week period of heavy advertising. What kind of a media schedule is this?
a.Seasonal
b.Flighting
c.Continuous
d.Pulsing
The Correct option is B. A client agrees to run heavy advertising for two weeks, followed by no advertising at all for a while, and then again having a two-week period of heavy advertising. Flighting of a media schedule.
Flighting is an advertising method wherein the seller runs adverts for a period after which no commercials at all for some other length. The words 'commercials' and 'advertisements' have identical means, i.e., advertisements. In a flighting approach, the advertiser most effectively locations ads at some stage in top-quality intervals. Flighting is an advertising scheduling approach that alternates between walking an everyday timetable of advertising and a whole cessation of all runs. Flighting refers to the length when advertising is being run, while the cessation length is referred to as a hiatus.
Flighting in advertising and marketing is a technique in which advertisers agenda messages to run at some point of foremost intervals of time, observed by means of deliberate durations of state of being inactive. whilst the advertisement is actually energetic, the period is known as a flight.
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According to the New Classical economists, which of the following more than likely caused housing prices to fall after the media reported about the subprime mortgage crisis? O neoclassical theory O cyclical expectations O rational expectations
D).Rational Expectations most likely caused housing prices to fall after the media reported on the subprime mortgage crisis.
Rational Expectations Theory is a branch of New Classical Economics that holds that people form their expectations about the future based on their understanding of the current economic environment. This theory states that people will make decisions based on their expectations of the future, rather than on past experiences.
In this case, when the media reported about the subprime mortgage crisis, people would have become aware of the risks associated with investing in the housing market and would have formed expectations that housing prices would fall.
As a result, people would have been less likely to invest in the housing market, leading to a decrease in demand and a subsequent decrease in housing prices. Therefore, the correct option is d.
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Which of the following statements about capital budgeting cash flow estimation is most correct?
A Interest expense on any loans used to acquire the equipment must be included in the project’s cash flows.
B Money spent last year on a consulting report must be included in the project’s cash flows.
C Opportunity costs associated with land usage must be included in the project’s cash flows.
D Any impact on the cash flows of existing (current) projects must be included in the project’s cash flows.
E Both c. and d. are correct.
The following statements about capital budgeting cash flow estimation is most correct is Both c. and d. are correct.
Hence, Option E is correct.
The procedure a company uses to assess potential big projects or investments is called capital budgeting. Before a project is accepted or denied, capital budgeting is necessary. Examples of such projects include the construction of a new plant or a significant investment in a third party enterprise.The process of deciding whether to invest in capital assets is known as capital budgeting. Even though they make up a very tiny fraction of a company's total assets, capital assets are typically long-term investments like new machinery, buildings, and software updates.To know more about Capital budgeting here
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For the first week of May, the Carlisle Club budgeted for 600 room nights at an average room rate of $65.00. Actual room nights for the first week totaled 500 with an average room rate of $70.00. Based on the information given, run a complete variance analysis for revenue by indicating variance conditions for each of the revenue variance components. $4,000 (U): $3,000 (U): $6,500 (U); $500 (F) $4,000 (F); $3,000 (F); $6,500 (U); $500 (U) $4,000 (U): $3,000 (F); $6,500 (U); $500 (U) $4,000 (F): $3,000 (U); $6,500 (U): $500 (F)
A total of 500 actual room nights at an average rate of $70.00 were recorded throughout the first week. Run a thorough variance analysis based on the provided information.
How do you finish a variance analysis?The basic steps for performing variance analysis are listed below in five steps.
Data collection is the first step. The best course of action is to compile all necessary information in one central area before starting.
Determine Variances in Step 2.
Assess variations in Step 3.
Prepare management reports as the fourth step.
Modify forecasts in Step 5.
The definition of revenue variance analysis
Based on sales volume indicators, sales mix metrics, and contribution margin calculations, revenue variance analysis is used to assess discrepancies between actual sales and predicted sales.
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advertising in some countries can distort media choice by changing the cost ratios of various media. question 47 options: 1) taxation 2) language 3) demographics 4) cultural focus 5) channels
Advertising taxation in some countries can distort media choice by changing the cost ratios of various media.
Is advertisement tax under GST?GST at a rate of 18% is applicable to digital media advertising. 2. GST on print media advertisements: In this instance, the advertisement is printed in print media, such as newspapers, magazines, etc. A five percent GST is applied to such print media advertising.
If the advertising agency operates on a principal-to-principal basis, that is, buys space from the newspaper and sells that space for an advertisement to clients on its own account, that is, as a principal, it would be obligated to pay GST at 5% on the full amount charged by the advertising agency to the client.
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Jin, age 29, is beginning to contemplate his financial future. Right now, he lives in a metro city where he has to walk to work. Although he loves the excitement of the city, he wants to buy a van as he has always dreamed of becoming a digital nomad. His goal is to begin saving for this objective right away. Jin has identified three possible portfolios that might be appropriate choices as he begins investing to reach his objective. Each portfolio consists of the following stocks, bonds, and cash assets. I Portfolio A 10% cash Portfolio B 15% cash Portfolio C 20% cash 20% bonds 40% bonds 50% bonds 70% stocks 45% stocks 30% stocks Assume that the average return of each asset is as follows: Stocks 10%, bonds 5%, and cash 2%. Portfolio A Portfolio B Portfolio C Asset Rate of Class Asset Weighted Return Asset Weighted Allocation Return¹ Asset Weighted Return¹ Allocation Allocation Return¹ Cash 2% 10% (a) 15% (d) 20% (g) Bonds 5% 20% (b) 40% (e) 50% (h) Stocks 10% 70% (c) 45% (f) 30% (i) Portfolio Return² (1) (11) *Note1¹: Weighted Return (Asset Class Rate of Return) x (Asset = Allocation) Note2: Portfolio Return = Sum of Portfolio's Weighted Return. 1. Calculate the weighted average rate of return for each portfolio. Which of the following is correct? (Hint: you need to calculate weighted returns of (a)-(i). Then identify portfolio returns of (1), (II), and (III)). Portfolio A: 8.2%, Portfolio B: 6.8%, Portfolio C: 5.9% Portfolio A: 8%, Portfolio B: 6.4%, Portfolio C: 5.4% Portfolio A: 7 %, Portfolio B: 4.5%, Portfolio C: 3% Portfolio A: 7.3%, Portfolio B: 6.3%, Portfolio C: 5.45%
Portfolio A is 8.2%, Portfolio B is 6.8% and Portfolio C is 5.9%. It is calculated by weighting the return of each asset in the portfolio by its proportion of the portfolio's total value, and then adding up these weighted returns.
How to calculate weighted average rate of return ?To calculate the weighted average rate of return for each portfolio, you need to multiply the rate of return for each asset class by its allocation in the portfolio and then add up the results to get the portfolio's weighted average rate of return.
For Portfolio A:
The weighted return for cash is (2% * 10%) = 0.2%
The weighted return for bonds is (5% * 20%) = 1%
The weighted return for stocks is (10% * 70%) = 7%
The total weighted average rate of return for Portfolio A is (0.2% + 1% + 7%) = 8.2%
For Portfolio B:
The weighted return for cash is (2% * 15%) = 0.3%
The weighted return for bonds is (5% * 40%) = 2%
The weighted return for stocks is (10% * 45%) = 4.5%
The total weighted average rate of return for Portfolio B is (0.3% + 2% + 4.5%) = 6.8%
For Portfolio C:
The weighted return for cash is (2% * 20%) = 0.4%
The weighted return for bonds is (5% * 50%) = 2.5%
The weighted return for stocks is (10% * 30%) = 3%
The total weighted average rate of return for Portfolio C is (0.4% + 2.5% + 3%) = 5.9%
Therefore, the correct answer is Portfolio A: 8.2%, Portfolio B: 6.8%, Portfolio C: 5.9%.
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If the union and the firm do not reach agreement, the union can organize a withdrawal of labor from the firm, called a ___
If the union and the firm do not reach agreement, the union can organize a withdrawal of labor from the firm, called a strike.
About the strikeThe usual strike by workers is an effort of workers to voice their aspirations to show protest against superiors, or the company will injustice to the rights granted to the workforce. such action done due to factors lack of such rights should be given to workers/laborers for not complying with published performance results for companies or legal entities.
Another factor could be no ignored or responses that have been by workers/labourers against company or legal entity employee aspirations for the company. In other words there is dissatisfaction on existing policies company.
But from all actions the strike was not justified also to always put first strike action workers feel aggrieved by the company or legal entity. From that, the workers should not go on strike work if you want to express aspirations but can also with how to negotiate first against superiors or companies with the way there is a representative from one of the parties so that it can take the road middle obtained through discussion.
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One reason to hire temporary workers, who are oftentimes employed by an outside staffing agency, is so the organization can respond quickly with changes in the work force to meet decreasing or increasing demand for products or services.
TRUE, Employing temporary workers, who are frequently engaged by an outside staffing firm, enables a business to adapt its workforce quickly in order to satisfy changing customer demands for goods and services.
An employment situation where the working arrangement is confined to a specific period of time based on the demands of the employing organisation is referred to as temporary job or temporary employment (also known as gigs). Temporary workers are also referred to as "contractual," "seasonal," "interim," "casual workforce," "outsourcing," "freelancers," or simply "temps."
More business owners are hiring temporary workers part-time to scale whether they should hire them full-time. Many temporary staffing agencies have responded by starting to provide a choice known as temporary to full time, which let the potential employee and company assess one another.
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Tamarisk, Inc. has the following Income Statement in millions): TAMARISK, INC. Income Statement For the Year Ended December 31, 2023 Net Sales $174 Cost of Goods Sold 101 Gross Profit Operating Expenses Net Income Using vertical analysis, what percentage is assigned to net sales? O 72% O Can't be computed O 172% O 100%
As per the income statement, the percentage is assigned to net sales is 18.97%
The term income in accounting refers the amount of money, property, and other transfers of value received over a set period of time in exchange for services or products.
Here we have given the following income statement of Tamarisk, Inc.
For the Year Ended December 31, 2023
Net Sales $174
Cost of Goods Sold 101
Gross Profit 73
Operating Expenses 40
Net Income $33
Now, the net sales percentage is calculated by using the vertical analysis process is written as,
=> Net percentage = (net income/net sales) x 100
=> Net percentage = (33/174) x 100
=> Net percentage = 0.1897 x 100
Therefore, the percentage is 18.97%.
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Politicians running for office in the U.S. make a concerted effort to reach out to different economic, religious, ethnic and racial groups when they are on the campaign trail. This role fits most closely with the ________________ of adapting to a global audience.
Politicians running for office in the U.S. make a concerted effort to reach out to different economic, religious, ethnic and racial groups when they are on the campaign trail.
This role fits most closely with the demographic imperative of adapting to a global audience.
I can state based on the data in the question that this job most closely aligns with the demographic necessity of adapting to a global audience. This is according to my research on political strategy. This phrase describes the numerous demographic and cultural variations present throughout the nation. Politicians can use this to appeal to different constituencies in order to win more votes. The media has a significant impact on how children view other racial and ethnic groups as well as their own.
As a result, the proportion of citizens who identify as members of particular ethnic groups to lawmakers is used to gauge the level of ethnic group representation.
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The major drawback of the matrix-type organization is that it: A. can be used only for project work. B. requires split loyalty. C. decreases the efficiency of personnel use. D. decreases the coordination in a project work.
The matrix organizational structure's main flaw is that it necessitates divided loyalties.
By organization, what do we mean?An organization is a group of individuals who collaborate together, such as a business, neighborhood association, private, or union. The word "company" is a term that can refer to an individual, a group, a business, or the development of anything.
Does British spelling have a governing body?As a result, "organization" is exclusively proper in the United States, but "organization" with a Z" is correct in the United Kingdom as well as all of other former colonies and dependent where English is spoken.
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you are considering opening a high -end furniture store in midtown atlanta here's what you know a. the market is highly competitive. you will be one store of many. b. the customer base is trendy. you and your staff are going to have to be very informed about home fashion trends. c. the labor market is tight. you are going to have to compete to get employees, and work hard to keep them. d. cash is tight: you can't afford a lot of employees which of the following statements is most accurate? you are going to by having a high level of specialization in your workforce . each employee will know all there is to know about one type of furniture or accessory, ( e.g.you wil have "couch specialists " and " lamp experts.") because you are dealing with high -end products, you need to be more concerned about theft and therefore need to have many assistant managers with a small span of control because of all these factors, you need more empowered employees, so you will tend towards a more organic organizational structure. cash is tight so you need to make all the decisions . therefore , you will have a highly decentralized organization .
You need more empowered employees, so you will tend towards a more organic organizational structure statement is most accurate.
Employee empowerment is the process by which firms give their workers some degree of autonomy and control over their daily tasks. Giving employees the freedom, tools, and support they require to act independently and be held responsible for their actions is essential, according to the management tenet of employee empowerment.
What traits distinguish empowered workers?
Employees that feel empowered are very confident in themselves. They are very motivated to get up in the company. Employees work really hard to advance in the organisation due to this necessity. They make an effort to handle every issue on their own by gaining knowledge and expertise.
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jorgensen high tech incorporated is a calendar-year, accrual-method taxpayer. at the end of year 1, jorgensen accrued and deducted the following bonuses for certain employees for financial accounting purposes.$40,000 for ken.$30,000 for jayne.$20,000 for jill.$10,000 for justin.how much of the accrued bonuses can jorgensen deduct in year 1 under the following alternative scenarios?note: leave no answer blank. enter zero if applicable.required:jorgensen paid the bonuses to the employees on march 1 of year 2.jorgensen paid the bonuses to the employees on april 1 of year 2.jorgensen paid the bonuses to the employees on march 1 of year 2, and there is a requirement that the employee remain employed with jorgensen on the payment date to receive the bonus.jorgensen paid the bonuses to the employees on march 1 of year 2, and there is a requirement that the employee must remain employed with jorgensen on the payment date to receive the bonus; if not, the forfeited bonus is reallocated to the other employees.
Because the amount wasn't determined at year's end, you may deduct $100,000 in year 2 considering employees typically qualify for bonuses only if they were working at the time the bonuses were paid.
How is the accrual technique applied?Regardless of that when pay is received, the accrual method normally requires you to declare money in the tax year in which it is earned. Expenses are written off in the tax year they are incurred, regardless of when they are paid.
Briefing:
Calculation of How much of the accrued bonuses can Jorgensen deduct in year 1
March 1 of Year 2
Ken 40,000
Jayne30,000
Jill20,000
Justin 10,000
Total 100,000
In March 1 of year 2 the amount of $ 100,000 may
likely be deducted reason been that it was paid within 2 and a half months of year end.
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Game Source manufactures video games that it sells for $43 each. The company uses a fixed manufacturing overhead allocation rate of $6 per game. Assume all costs and production levels are exactly as planned. The following data are from Game Source's first two months in business during 2018: (Click the icon to view the data.) Read the requirements. Requirement 1. Compute the product cost per game produced under absorption costing and under variable costing. October 2018 November 2018 Variable Absorption Variable Absorption costing costing costing costing Total product cost per game Requirement 2a. Prepare monthly income statements for October and November, including columns for each month and a total column, using absorption costing. Game Source Absorption Costing Income Statement October 2018 November 2018 Total Operating Income Requirement 2b. Prepare monthly income statements for October and November, including columns for each month and a total column, using variable costing. Game Source Variable Costing Income Statement October 2018 November 2018 Total Operating Income Requirement 3. Is operating income higher under absorption costing or variable costing in October? In November? Explain the pattern of differences in operating income based on absorption costing versus variable costing. In October, the operating income is higher under costing. The primary reason for this is that are distributed across the entire production of fixed manufacturing overhead costs are run as part of the unit cost. Under the absorption costing method, $ In November, the operating income is higher under costing. The primary reason for this is because $ of fixed manufacturing overhead that is contained in the units in ending inventory under As inventory as was the case in November, October's costs that absorption costing assigned to that inventory are expensed in absorption costing income. This November's Requirement 4. Determine the balance in Finished Goods Inventory on October 31 and November 30 under absorption costing and variable costing. Compare the differences in inventory balances and the differences in operating income. Explain the differences in inventory balances based on absorption costing versus variable costing. October 31, 2018 November 30, 2018 Variable Absorption Variable Absorption costing costing costing costing Finished Goods Inventory The higher inventory balance under is representative of the Under absorption costing, the difference in the product cost per game is whereas under variable costing, the difference in the product cost per game is Data Table October November Sales 1,400 units 3,000 units Production 2,400 units 2,400 units Variable manufacturing cost per game 17 $ 17 Sales commission cost per game 7 7 14,400 14,400 Total fixed manufacturing overhead Total fixed selling and administrative costs 11,000 11,000
The business allocates $5 each game as fixed production overhead. Assume that all expenses and production levels will be precisely as anticipated.
What sort of expense falls under the variable category?Examples of variable costs include raw material and packaging prices for manufacturing companies, as well as credit card transaction fees and shipping charges for retail businesses, which fluctuate with sales. A constant cost can be contrasted with a variable cost.
What are examples of fixed and variable costs?Fixed costs These are expenses like your monthly rent or mortgage that essentially never change. Variable costs include those that change or are erratic, such as eating out or auto repairs.
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Question 6 of 10
Which statement best describes a budget?
A. A budget is a prediction of future earnings.
B. A budget is how much you earn in a year.
c. A budget is a plan for estimating income and expenses for a set period.
D. A budget is how much income goes to pay off debt.
The statement that best describes a budget is C. A budget is a plan for estimating income and expenses for a set period.
What is a budget?A budget is a plan or forecast that helps an individual or an organization estimate its expenses, income, and financial goals.
A budget is prepared with the goal of creating financial objectives, monitoring, and measurement of results to enable better decision-making. So, it is a very important tool for achieving organizational goals.
A budget should be coordinated, flexible to change, and have a structure to allow easy monitoring and forecasting of indices so that the objectives could be reached.
Thus, we use the budget to estimate income and expenses within a set period of time.
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T/F when making a decision in the presence of uncertainty, decision makers should only be interested in the average, or expected, outcome.
When making a decision in the presence of uncertainty, decision makers should only be interested in the variability of possible outcomes.
What sort of variation would that be?The range, or the difference between a set's greatest and lowest scores, is a straightforward way to assess variability. Drug B's range is 10 and Drug A's range is 40 (100-60) in the case above (85-75). This demonstrates that the ratings for Drug A are more evenly distributed than those for Drug B.
What factors contribute to statistical variation?Variance, which is used in statistics, is a measurement of deviation from the mean or average. It is determined by subtracting each value from the data set's mean, squaring those differences to make them positive, dividing the sum of the squares by the total number of values in the data set.
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In addition to direct evaluations, systems developers must identify and document indirect expenses that contribute to the _____ of which ________ is a component.
a. business process modeling notation (BPMN); business processes
b. All of these are correct
c. None of these are correct
d. functional decomposition diagrams (FDD); rapid economic justification (REJ)
e. total cost of ownership (TCO); maintenance
In addition to direct evaluations, systems developers must identify and document indirect expenses that contribute to the total cost of ownership (TCO) of which maintenance is a component.so option e is correct.
What is the total cost of ownership using an example?Total cost of ownership (TCO) is an evaluation of the costs related to buying, deploying, utilizing, and retiring a product or piece of equipment. TCO, or actual cost, measures the cost of the purchase over the course of the product's whole existence. The sum of an asset's purchase price and its lifetime operating expenses is known as the total cost of ownership. The price of owning an automobile would be a straightforward illustration. You can purchase a car, but you will still have to pay for license fees, insurance, and regular maintenance.
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Suppose there is an increase in the price of steel. We would expect the supply curve for steel beams to:
a. shift rightward
b. shift leftward
c. become flatter
d. remain unchanged
Let's say the cost of steel goes increased. We would anticipate a leftward shift in the supply curve for steel beams.
steel, an iron-carbon alloy with a carbon content of up to 2 percent (with a higher carbon content, the material is defined as cast iron). It is the material that is used to construct the majority of the world's infrastructure and industries, from oil tankers to sewing needles. Additionally, the equipment needed to construct and produce such items is constructed of steel. The production of raw steel in the world was around 1.6 billion tons in 2013, but the production of aluminum, the second most important engineering metal, was only about 47 million tons. This gives an idea of the relative importance of this commodity.
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if someone doesn't have renters insurance what compensation the tenents will get in fire in nj state
Damages return you to the financial situation you would have been in if your landlord had performed the necessary repairs on time. If you've been hurt or become unwell, you may be entitled to damages. Your possessions have been harmed or lost.
Depending on what started the fire, yes. You might be entitled to charge the renter for the cost of repairs if the tenant was negligent and caused the fire. You could be liable for their property damage, lost wages, etc. if the fire was caused by (or made worse by) your negligence. However, it is unable to pay out for any of the tenant's personal belongings. Renters insurance should be used as a substitute to protect tenants. According to New Jersey law, landlords are able to demand this insurance from each tenant, therefore you should make sure a policy has been started before permitting any new tenants to move in.
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