1. If I were a friend of Sammy, I would tell him to stay calm and assess the situation carefully. I would advise him to analyze the strengths and weaknesses of his competitor and try to find ways to differentiate his services from the competition. I would also suggest that he review his business plan and identify areas where he could improve or adjust his strategies to adapt to the changing market conditions. It's important for Sammy to keep his focus and not lose faith in the usefulness of a business plan as it serves as a guide for his business operations.
2. Sammy's situation is not necessarily hopeless, but it is challenging. With the entry of a new competitor, he may lose some customers, but he still has a loyal customer base and his reputation for quality service can help him retain his customers. He needs to find ways to stay competitive and improve his services to attract new customers.
3. Based on the given information, Sammy may have missed the potential threat of new competitors entering the market. In his business plan, he may have assumed that he would be the only motor repair shop in the area, but he did not anticipate that new businesses would open nearby. Therefore, he should have included a contingency plan in his business plan to address competition and other external factors that could affect his business.
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which of the following growth strategies did delta choose when it acquired northwest airlines to obtain access to northwest's asian markets? question 15 options: full integration vertical growth horizontal growth forward integration backward integration
The growth strategy it chose was forward integration. Forward integration is a business strategy in which a company acquires or merges with a business that is further down the supply chain, such as a supplier or distributor.
The aim is to gain greater control over the supply chain and provide a more integrated customer experience, as well as to capture more of the profits that were previously generated by the acquired firm. This can result in cost savings as well as revenue growth.
Delta Airlines has chosen the forward integration strategy to increase its market share and acquire access to Northwest Airlines' Asian markets. The combination of Delta and Northwest will create the world's largest airline, enabling Delta to tap into Northwest's profitable routes to China, Japan, and Korea.
The two airlines' route networks, schedules, and customer bases are expected to complement each other, resulting in a stronger global network and more efficient operations. The combination is also expected to generate cost savings by consolidating operations and reducing redundant capacity, thereby improving profitability.
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question at position 11 which of the following represents the normal sequence in which the below budgets are prepared? which of the following represents the normal sequence in which the below budgets are prepared? direct materials budget, production budget, sales budget production budget, sales budget, direct materials budget sales budget, production budget, direct materials budget sales budget, direct materials budget, production budget
The normal sequence in which the below budgets are prepared is the Sales budget, production budget, and direct materials budget.
What are budgets?
A budget is a quantitative expression of a company's plan for a given period, normally one year. A budget estimates earnings and costs for a future period, using previous performance as a point of departure. Budgets may be prepared for the company as a whole or for individual divisions, as well as for divisions or individual departments.
Budgets are made up of various sub-budgets, each of which serves a different purpose. A budget is made up of many sub-budgets that are linked together. The first budget that is typically prepared is the sales budget, followed by the production budget, which calculates the number of goods that must be manufactured to satisfy anticipated demand, and finally, the direct materials budget, which calculates the number of raw materials that must be acquired to satisfy production.
The normal sequence in which the below budgets are prepared is the sales budget, production budget, and direct materials budget.
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there is a twofold need for executive leadership buy-in: . assuring staff buy-in and ensuring funding ensuring funding and promoting security culture ensuring funding and investing in competitive advantage assuring staff buy-in and increasing profitability
In order to align personnel with corporate goals and to ensure that there are sufficient resources for implementation, the answer states that two important components of senior leadership buy-in are getting financing and establishing staff buy-in.
Why is competitive advantage important?The term "competitive advantage" refers to a company's ability to manufacture goods or provide services more effectively than its rivals. It allows a company to generate value for the company and its shareholders while generating higher margins.
What competitive advantage does product differentiation provide?Product differentiation refers to the feature or features that make your product or service stand out for your target market. It increases brand loyalty, sales, and growth while assisting you in differentiating yourself from the competition.
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label each of the following scenarios as either frictional unemployment, structural unemployment, or cyclical unemployment. a. tim just graduated from college and is looking for a job. (click to select) b. a recession causes a local factory to lay off 30 workers. (click to select) c. thousands of bus and truck drivers permanently lose their jobs to self-driving vehicles. (click to select) d. hundreds of new york legal jobs permanently disappear when a lot of legal work gets outsourced to lawyers in india. (click to select)
For the following scenarios, the correct labeling is given below: a. Tim just graduated from college and is looking for a job: Frictional unemployment. b. A recession causes a local factory to lay off 30 workers: Cyclical unemployment. c. Thousands of bus and truck drivers permanently lose their jobs to self-driving vehicles: Structural unemployment. d. Hundreds of New York legal jobs permanently disappear when a lot of legal work gets outsourced to lawyers in India: Structural unemployment.
What is Frictional Unemployment? Frictional unemployment is the time between jobs when a worker is looking for, or transitioning from, one job to another. The employee is in the middle of a job transition during frictional unemployment. For example, students who have recently graduated from college or university and are looking for a job. The amount of frictional unemployment in an economy is typically determined by labour market variables, such as the rate of job vacancies, the ease of the recruitment process, and the unemployment insurance system.
What is Cyclical Unemployment? Cyclical unemployment is a type of unemployment that occurs as a result of changes in the company cycle. When an economy is in a recession, cyclical unemployment arises. Businesses and firms can't afford to keep all of their employees on the payroll during tough times. People get laid off as a result of this, and the number of people who are unemployed grows.
What is Structural Unemployment? Structural unemployment occurs when there is a mismatch between the abilities of workers and the demands of employers. Structural unemployment occurs when certain workers' skill sets are no longer required or sought after. It's an outcome of economic growth, technological advancements, or job location shifts. For example, when self-driving cars become more popular, some taxi or truck drivers will lose their jobs.
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considering the following information, what is the npv if the borrower refinances the loan? expected holding period: 3 years; current loan balance: $400,000; current loan interest: 5.875%; remaining term on current mortgage: 15 years; new loan interest: 3.625%; new loan term: 15 years; cost of refinancing: $6,000. assume that the opportunity cost is 10%. should the borrower refinance?
To calculate the net present value of refinancing a loan, the following information must be considered:expected holding period: 3 yearscurrent loan balance: $400,000current loan interest: 5.875%remaining term on current mortgage: 15 yearsnew loan interest: 3.625%new loan term: 15 yearscost of refinancing: $6,000
Assuming that the opportunity cost is 10%, the borrower should refinance the loan because the net present value (NPV) of the refinancing is positive.A borrower should refinance their mortgage if the cost of refinancing is less than the present value of the interest savings.The present value (PV) of the interest savings over the life of the loan may be calculated as:PV of interest savings = ∑(Monthly Interest Savings x Discount Factor)where Monthly Interest Savings = (Current loan balance x (Current loan interest - New loan interest))/12and Discount Factor = 1/(1 + Opportunity Cost)^Nwhere N is the number of months in the loan's life or the expected holding period.In this case, the monthly interest savings is:$2,030.21 = ($400,000 x (5.875% - 3.625%))/12The discount factor is calculated as follows:Discount Factor = 1/(1 + Opportunity Cost)^N= 1/(1 + 10%)^36= 0.5732Thus, the PV of the interest savings is:$70,978.67 = ∑($2,030.21 x 0.5732)over 36 months (3 years).The total cost of refinancing is:$6,000.00.The net present value of refinancing is calculated by subtracting the cost of refinancing from the PV of the interest savings:$64,978.67 = $70,978.67 - $6,000.00Since the NPV is positive, the borrower should refinance.
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a city is in need of additional land for a new school. what right would the city have to acquire the land, even over the objections of the property owner?a city is in need of additional land for a new school. what right would the city have to acquire the land, even over the objections of the property owner?
The right that a city would have to acquire additional land for a new school, even over the objections of the property owner is known as Eminent Domain.
What is Eminent Domain?Eminent domain is a power of the state governments to acquire private property for public use. This power is derived from the Fifth Amendment to the United States Constitution, which allows the government to seize private property for public use if it provides just compensation to the property owner.
What are the reasons for Eminent Domain?Eminent domain can be exercised to secure the land for the following reasons:
Roads, Bridges and HighwaysSchools and other public buildingsAirports and other transportation projectsPublic Utilities, Water Treatment Facilities, and Infrastructure Parks and Recreational areasMilitary Installations and Facilities, and a few more.What is Just Compensation?It is an amount of compensation that the property owner is entitled to receive from the government when their property is seized under eminent domain. The term Just compensation means that the compensation is fair, adequate and reasonable.
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explain the reason for any difference in the ending inventory balances under the two costing methods and the impact of this difference on reported net operating income
The ending inventory balance under the two costing methods can differ due to the different methods of inventory costing used.
If a FIFO (First-in, First-out) method is used, the ending inventory balance will include the most recent costs of goods sold, whereas if a LIFO (Last-in, First-out) method is used, the ending inventory balance will include the oldest costs of goods sold.
This difference in the ending inventory balances will affect the reported net operating income, as the reported net operating income will be based on the costs of goods sold and the resulting ending inventory balance.
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how long will it take an investment to double in value if the interest rate is 4% compounded continuously? (round your answer to two decimal places.)
The time that it will take an investment to double in value if the interest rate is 4% compounded continuously is approximately 17.33 years (rounded to two decimal places).
Let the initial investment amount be P, and let the interest rate be r (in decimal form). To find the time it takes to double the investment, we can use the following formula:
P*[tex]e^(rt)[/tex] = 2P
where e is the mathematical constant e = 2.71828... (rounded to five decimal places)
Simplifying, we get:
[tex]e^(rt)[/tex]= 2
Dividing by P, we get:
[tex]e^(rt)[/tex]/P = 2/P
Taking the natural logarithm of both sides, we get: ln([tex]e^(rt)[/tex]/P) = ln(2/P)
Using the properties of logarithms, we can simplify the left side:
ln([tex]e^(rt)[/tex]) - ln(P) = ln(2)rt - ln(P) = ln(2)
Dividing by r, we get: t = ln(2)/r
Substituting r = 0.04 (the interest rate is 4%), we get:
t = ln(2)/0.04 ≈ 17.33 (rounded to two decimal places)
Therefore, it will take approximately 17.33 years for the investment to double in value if the interest rate is 4% compounded continuously.
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Read the following sentences. Underline the subjects, and circle the prepositional phrases. The gym is open until nine o’clock tonight. We went to the store to get some ice. The student with the most extra credit will win a homework pass. Maya and Tia found an abandoned cat by the side of the road. The driver of that pickup truck skidded on the ice. Anita won the race with time to spare. The people who work for that company were surprised about the merger. Working in haste means that you are more likely to make mistakes. The soundtrack has over sixty songs in languages from around the world. His latest invention does not work, but it has inspired the rest of us
Prepositional phrase is a group of words that start with a preposition and end with an object. The object can be a noun, pronoun, gerund, or clause.
The gym is open until nine o'clock tonight.
Subject: The gym
Prepositional phrase: until nine o'clock tonight
We went to the store to get some ice.
Subject: We
Prepositional phrase: to the store, for some ice
The student with the most extra credit will win a homework pass.
Subject: The student
Prepositional phrase: with the most extra credit, for a homework pass
Maya and Tia found an abandoned cat by the side of the road.
Subject: Maya and Tia
Prepositional phrase: by the side of the road
The driver of that pickup truck skidded on the ice.
Subject: The driver
Prepositional phrase: of that pickup truck, on the ice
Anita won the race with time to spare.
Subject: Anita
Prepositional phrase: with time to spare
The people who work for that company were surprised about the merger.
Subject: The people who work for that company
Prepositional phrase: for that company, about the merger
Working in haste means that you are more likely to make mistakes.
Subject: Working
Prepositional phrase: in haste
The soundtrack has over sixty songs in languages from around the world.
Subject: The soundtrack
Prepositional phrase: in languages from around the world, over sixty songs
His latest invention does not work, but it has inspired the rest of us.
Subject: His latest invention
Prepositional phrase: of us, but it has inspired the rest
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we are trying to estimate the impact of income on soda consumption per week and find that low-income people have a lot more variation in the amount of sodas they consume, as compared to high income people. which of the following can you conclude from the information given? a. consumption of sodas vary over time called autocorrelation b. amount of sodas consumed could be different if you are from the northeast as compared to the midwest c. variation in sodas consumed decreases as income increases called homoskedasticity d. variation in sodas consumed increases as income increases called heteroskedasticity e. there's a negative relationship between sodas and income f. variation in sodas consumed decreases as income increases called heteroskedasticity
The correct answer to the question above is:
d. variation in sodas consumed increases as income increases called heteroskedasticity.
WHAT'S HETEROSKEDASTICITYHeteroskedasticity is the phenomenon that represents the correlation between two variables - in this case, income and soda consumption - changes based on the levels of one of those variables. It arises when the variance of residuals from the model is not consistent.
The heteroskedasticity is a violation of the classical assumption of a linear regression model that the variance of the error terms is constant. It is an important consideration when running a linear regression analysis because it can impact the accuracy and validity of the results.
In the given case, the author has concluded that low-income people have a lot more variation in the amount of sodas they consume, as compared to high-income people.
This information clearly suggests that there is a positive relationship between soda consumption and income - as income increases, variation in sodas consumed increases. Thus, the correct conclusion from the information given is variation in sodas consumed increases as income increases called heteroskedasticity.
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the entity that promises to make the interest and maturity payments for a bond issue is called the a. lender b. holder c. issuer d. seller
The correct answer is c. issuer. The issuer is the entity (company, government, or organization) that promises to pay the interest and principal (maturity payments) of a bond issue to the bondholders.
What is an interest?
Interest refers to the cost of borrowing money, usually expressed as a percentage of the amount borrowed. When you borrow money, you are required to pay back the amount you borrowed (called the principal) plus an additional amount of money, which is the interest charged on the loan. Interest rates can be fixed (stay the same over the life of the loan) or variable (change over time). Interest rates are an important factor in the cost of borrowing money and can affect the affordability of loans for individuals, businesses, and governments.
What is maturity payments?
Maturity payments refer to the final payment or repayment of the principal amount borrowed in a loan or bond. In the case of a bond, the maturity payment is the final payment of the face value or principal amount of the bond that is due to the bondholder at the end of the bond's term. This payment is usually made at the maturity date, which is the specified date on which the bond reaches its full term and the principal amount is due to be repaid to the bondholder.
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Complete question is: The entity that promises to make the interest and maturity payments for a bond issue is called the issuer.
unemployment involving a mismatch of the skills of unemployed workers and the skills required for available jobs is called: group of answer choices compositional unemployment. structural unemployment. frictional unemployment. cyclical unemployment.
Structural unemployment is a kind of unemployment that occurs when the skills and abilities of an unemployed worker do not match the skills and abilities required for available jobs. The correct option among the given alternatives is structural unemployment.
Structural unemployment is a kind of unemployment that arises due to changes in the economy's structure that leads to a long-lasting decrease in the demand for some particular types of labor. It arises when an economic downturn affects the workforce and causes unemployment by way of structural changes in the economy that involve the shifting of industries, labor market shifts, and technological advances.
It results when changes occur in the economy, including new industries, changing consumer demands, and technological changes that make certain skills irrelevant or unnecessary. Such changes lead to unemployment among those workers who lack the skills necessary to perform in the new labor market. Structural unemployment is long-term and tends to affect particular regions and industries disproportionately.
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a small country imports t-shirts. with free trade at a world price of $10, domestic production is 10 million t-shirts and domestic consumption is 42 million t-shirts. the country's government then compels the exporting country to limit its t-shirt exports to 20 million per year. with the voluntary export restraint (ver) in place, the domestic price rises to $12 per t-shirt and domestic production rises to 15 million t-shirts per year. how much does the importing nation lose as a result of the ver?
The importing nation loses $30 million as a result of the VER (Voluntary Export Restraint).
Voluntary Export Restraint (VER) refers to the self-imposed restriction by a country or its government on the quantity of goods it exports to other countries or specific countries.A small country imports t-shirts. With free trade at a world price of $10, domestic production is 10 million t-shirts and domestic consumption is 42 million t-shirts. The country's government then compels the exporting country to limit its t-shirt exports to 20 million per year. With the voluntary export restraint (VER) in place, the domestic price rises to $12 per t-shirt, and domestic production rises to 15 million t-shirts per year. Thus, the importing nation loses $30 million as a result of the VER. With free trade at a world price of $10, domestic production is 10 million t-shirts and domestic consumption is 42 million t-shirts.It happens because the higher domestic production will cause the increased price of goods to be greater than the loss incurred by reducing the imports. A reduction in the amount of imports will raise the price of the goods, leading to higher total spending by domestic consumers and producers. The total spending increases by $60 million, and the gain to domestic producers is $15 million, which leaves $45 million in additional consumer expenditures.Learn more about production here: https://brainly.com/question/16755022
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the management of halima, a furniture manufacturing company, comes across a case of employee theft in their inventory. in this case, the company should seek the help of a(n) to look into the matter.
The management of Halima, a furniture manufacturing company, comes across a case of employee theft in their inventory. In this case, the company should seek the help of an investigator to look into the matter.
An investigator is someone who is engaged in investigating and looking into a crime, accident, or any other issue. Their main job is to conduct an investigation of the case, collect proof, and gather evidence to support the claims. In the given scenario, the company should employ an investigator to look into the employee theft case in their inventory.
An investigator is an expert in this field and has all the necessary experience, skills, and knowledge required to investigate the crime. They make use of their technical and analytical skills to investigate the theft case and produce results in the form of evidence. They work closely with the law enforcement agencies and collect all the required evidence to support the claims.
Therefore, in the given scenario, the management of Halima, a furniture manufacturing company, should seek the help of an investigator to look into the case of employee theft in their inventory.
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lebron received $71,200 of compensation from his employer and he received $410 of interest from a municipal bond. what is the amount of lebron's gross income from these items?
The amount of Lebron's gross income from the compensation of $71,200 from his employer and the $410 of interest he received from a municipal bond is $71,610.
Gross income refers to the total income earned by an individual, including salaries, wages, and other earnings before any tax deductions, social security deductions, or other deductions are made from it. Gross income is calculated as follows: Gross Income = Total Earnings + Other Incomes.
Total Earnings refer to the amount of salary, wage or any other compensation paid to the employee by the employer while other incomes refer to earnings from other sources like interests earned from bonds, dividends, and any other form of income that the individual may have received.
From the given information, Lebron received $71,200 of compensation from his employer and $410 of interest from a municipal bond. Therefore, his gross income would be: Gross Income = $71,200 + $410= $71,610. Therefore, Lebron's gross income from these items is $71,610.
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occam industrial machines issued 225,000 zero coupon bonds five years ago. the bonds originally had 30 years to maturity with a yield to maturity of 5.2 percent. interest rates have recently decreased, and the bonds now have a yield to maturity of 4.6 percent. the bonds have a par value of $1,000 and semiannual compounding. if the company has a market value of equity of $120 million, what weight should it use for debt when calculating the cost of capital?
By proportionally weighting each category of capital, the weighted average cost of capital (WACC) formula determines a firm's cost of capital.
What significance should debt have in the cost of capital calculation?The after-tax cost of debt to be utilized in the WACC formula is obtained by multiplying the weighted average current yield to maturity of all existing debt by one less the tax rate. The specifics are covered in the Math for Corporate Finance course at CFI.
What is the capital weight for debt?The weighted average cost of capital (WACC), which includes common stock, preferred stock, bonds, and other types of debt, is the average after-tax cost of capital for a company. WACC is the typical rate that a business anticipates paying to Invest in its assets.
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what are some potential consequences of rushing through the initiation phase of a project? select all that apply.
Impact to the timeline and impact to the budget are some potential consequences of rushing through the initiation phase of a project. The answer is OPTION A&B.
In the project initiation phase, you determine why you are doing the project and the business value it will bring, and then use this information to garner support from key stakeholders. The top three constraints that project managers need to know are time, scope, and cost.
These are often referred to as the three constraints or project management triangle. This phase involves defining a vision for your project, documenting what you hope to achieve through a business case, and getting approval from a stakeholder. Key elements of the Project Charter include: Business case. Scope of the project. The answer is OPTION A&B.
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The question is incomplete complete question is given below
a. Impact to the timeline
b. impact to the budget
c. impact of quality
d. impact to previous projects
d.
Which one of the following types of products is not subject to inelastic demand? a. Status-symbol cars b. Gasoline c. Electricity d. Dining room furniture.
Answer:
D
Explanation:
dining room furniture
in moyer company, the cutting department had beginning work in process inventory of 6,000 units, completed and transferred out 24,000 units, and had an ending work in process inventory of 3,000 units. how many units were started in production by moyer during the month? question 30 options:
In Moyer company, the units that were started in production during the month were 27,000 units. The given beginning work in process inventory of the company was 6,000 units, and it completed and transferred out 24,000 units. The given ending work in process inventory of the company was 3,000 units. To find out the units that were started in production during the month, the calculation was done as follows:
Total units started during the month = Beginning WIP inventory + Units started - Completed and transferred out - Ending WIP inventory
By substituting the given values, we get:
Total units started during the month = 6,000 + Units started - 24,000 - 3,000
Solving for Units started, we get:
Units started = Total units started during the month + 21,000
Units started = 24,000 + 21,000
Units started = 45,000
Substituting the value of Units started in the formula for Total units started during the month, we get:
Total units started during the month = Beginning WIP inventory + Units started - Completed and transferred out - Ending WIP inventory
Units started = 6,000 + 45,000 - 24,000 - 3,000
Units started = 27,000
Therefore, the units that were started in production during the month in the Moyer company were 27,000 units.
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true or false: in the context of the relationship between satisfaction and performance, satisfied, or happy, workers in an organization are always the most productive ones.
False: In the context of the relationship between satisfaction and performance, it is not always true that satisfied or happy workers in an organization are the most productive ones.
While there is a correlation between employee satisfaction and performance, it is not always a direct one. Other factors such as workload, job design, motivation, and work environment play a critical role in determining employee productivity. Additionally, there are times when employees may feel satisfied, but not be productive, and vice versa.To optimize employee performance, it is important for organizations to create a work environment that promotes both job satisfaction and productivity. This includes setting clear expectations, providing the necessary resources, recognizing and rewarding good performance, and promoting open communication between employees and management. When employees are satisfied with their job and feel supported by their organization, they are more likely to be productive and engaged in their work.
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piggybank is a chit fund company that offers small loans to individuals. legal guidelines regarding small loans require the terms and conditions of payback be accessible to customers. the company complies with this rule by putting up a poster with terms and conditions in a back room of their office. only customers explicitly wishing to see the terms and conditions are taken to the back room. what strategy of corporate social responsibility does the company follow? group of answer choices obstructionist leadership accommodative proactive defensive
The strategy of corporate social responsibility that the Piggybank company follows is an accommodative strategy.
What is an accommodative strategy?An accommodative strategy of corporate social responsibility is a responsive approach to social responsibility that attempts to balance social and economic goals.
Organizations with an accommodative CSR approach are willing to work towards the resolution of social issues while also pursuing economic objectives.
This strategy involves creating a favorable corporate image and engaging in community service programs.
By working towards social responsibility, organizations with an accommodative approach can avoid potential harm while also benefiting society.
Piggybank has an accommodative CSR approach since they comply with the legal guidelines regarding small loans.
They make the terms and conditions of payback accessible to their customers by putting up a poster with the terms and conditions in the back room of their office.
Customers who explicitly wish to see the terms and conditions are taken to the back room.
Legal guidelines regarding small loans require that the terms and conditions of payback be accessible to customers.
Piggybank complies with this rule by putting up a poster with terms and conditions in a back room of their office.
Only customers explicitly wishing to see the terms and conditions are taken to the back room.
The company follows an accommodative strategy of corporate social responsibility.
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brutus corporation transferred inventory (basis of $75, fair market value of $225) and machinery used in a u.s. factory (adjusted basis of $375, fair market value of $563) to mapleleaf, a newly formed corporation in canada, in exchange for all of mapleleaf's stock. brutus previously deducted $225 of depreciation related to the machinery on its u.s. tax return. how much gain, if any, must brutus recognize on the transfers of the property to mapleleaf?
Brutus must recognize a gain of $288 on the transfer of property to Mapleleaf.
This is calculated by subtracting the adjusted basis ($375) from the fair market value ($563). Brutus must also include the previously deducted depreciation ($225) when determining the gain amount, resulting in a gain of $288.
The gain amount for Brutus Corporation is determined by subtracting the adjusted basis (the cost of the assets plus any prior depreciation) of the property transferred from its fair market value.
In this case, the adjusted basis is $375 and the fair market value is $563, so the difference of $188 is the gain Brutus must recognize. However, Brutus must also add back any prior depreciation that was taken on the machinery ($225), resulting in a gain of $288.
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1.research all entry level of position of hotel
2.job description
3.job title
4.job summary
5.job responsibility
please help me
please help due date na nito bukas
1. Entry-level positions in a hotel may include:
- Front Desk Agent/Clerk
- Housekeeper
- Bellhop/Porter
- Valet Attendant
- Waitstaff/Server
- Dishwasher/Kitchen Helper
- Laundry Attendant
- Room Attendant
What are the responses to other questions?2. Job descriptions for each of these positions may vary depending on the hotel's needs, but here are some general requirements for each:
- Front Desk Agent/Clerk: As the first point of contact for guests, front desk agents/clerks are responsible for checking guests in and out, answering phone calls and emails, and providing information about the hotel and local area.
- Housekeeper: Housekeepers are responsible for cleaning and maintaining guest rooms and common areas, ensuring they meet the hotel's standards of cleanliness and comfort.
- Bellhop/Porter: Bellhops/porters assist guests with their luggage, show them to their rooms, and generally provide a welcoming and helpful presence.
- Valet Attendant: Valet attendants park and retrieve guests' vehicles, and may also provide transportation or other services as needed.
- Waitstaff/Server: Waitstaff/servers work in the hotel's restaurants or banquet facilities, taking orders, serving food and drinks, and providing excellent customer service.
- Dishwasher/Kitchen Helper: Dishwashers/kitchen helpers work in the hotel's kitchens, cleaning dishes and equipment, assisting chefs and cooks, and performing other duties as needed.
- Laundry Attendant: Laundry attendants are responsible for washing, drying, and folding linens and other hotel laundry items.
- Room Attendant: Room attendants clean and prepare guest rooms for new arrivals, restocking supplies and ensuring everything is in order for a comfortable stay.
3. Job titles for each of these positions may include:
- Front Desk Agent/Clerk
- Housekeeper
- Bellhop/Porter
- Valet Attendant
- Waitstaff/Server
- Dishwasher/Kitchen Helper
- Laundry Attendant
- Room Attendant
4. Job summaries for each position may be as follows:
- Front Desk Agent/Clerk: The front desk agent/clerk is responsible for greeting guests, checking them in and out, and providing excellent customer service.
- Housekeeper: The housekeeper is responsible for cleaning and maintaining guest rooms and common areas, ensuring they meet the hotel's standards of cleanliness and comfort.
- Bellhop/Porter: The bellhop/porter assists guests with their luggage, provides information about the hotel and local area, and ensures guests have a comfortable and enjoyable stay.
- Valet Attendant: The valet attendant parks and retrieves guests' vehicles, maintains cleanliness and order in the valet area, and provides excellent customer service.
- Waitstaff/Server: The waitstaff/server takes orders, serves food and drinks, and ensures guests have a pleasant dining experience.
- Dishwasher/Kitchen Helper: The dishwasher/kitchen helper cleans dishes and equipment, assists chefs and cooks, and performs other duties as needed to keep the kitchen running smoothly.
- Laundry Attendant: The laundry attendant washes, dries, and folds hotel laundry items.
- Room Attendant: The room attendant cleans and prepares guest rooms for new arrivals, ensuring they are clean, comfortable, and meet the hotel's standards.
5. Job responsibilities for each position may include:
- Front Desk Agent/Clerk: Checking guests in and out, answering phone calls and emails, providing information about the hotel and local area, and providing excellent customer service.
- Housekeeper: Cleaning and maintaining guest rooms and common areas, ensuring they meet the hotel's standards of cleanliness and comfort.
- Bellhop/Porter: Assisting guests with their luggage, providing information about the hotel and local area, ensuring guests have a comfortable and enjoyable stay.
- Valet Attendant: Parking and retrieving guests' vehicles, maintaining cleanliness and order in the valet area, providing excellent customer service.
- Waitstaff/Server: Taking orders, serving food and drinks, ensuring guests have a pleasant dining experience.
- Dishwasher/Kitchen Helper: Cleaning dishes and equipment, assisting chefs and cooks, performing other duties as needed to keep the kitchen running smoothly.
- Laundry Attendant: Washing, drying, and folding hotel laundry items.
- Room Attendant: Cleaning and preparing guest rooms for new arrivals, ensuring they are clean, comfortable, and meet the hotel's standards.
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cashen co. paid $2,400,000 to acquire all of the common stock of janex corp. on january 1, 2020. janex's reported earnings for 2020 totaled $432,000, and it paid $120,000 in dividends during the year. the amortization of allocations related to the investment was $24,000. cashen's net income, not including the investment, was $3,180,000, and it paid dividends of $900,000. 4. on the consolidated financial statements for 2020, what amount should have been shown for equity in subsidiary earnings?
On the consolidated financial statements for 2020, $355,200 should have been shown for equity in subsidiary earnings after common stock acquisition.
Amortization refers to the process of writing off an intangible asset's cost as it is consumed. It's comparable to depreciation, which applies to tangible assets like buildings and equipment. Amortization expenses are often used by businesses to account for the cost of intangible assets such as patents, trademarks, and goodwill.To solve the given problem, the equity method of accounting for investments should be used. The cost of the investment is $2,400,000, and the amortization of allocations related to the investment was $24,000. The net income attributable to the investment is $432,000 minus $24,000, which equals $408,000.The equity in subsidiary income would be the investment's earnings of $408,000 multiplied by the percentage of ownership, which is 100% since Cashen acquired all of the common stock. Therefore, the equity in subsidiary income would be $408,000. It is, however, necessary to account for dividends paid by Janex. Because dividends paid by Janex lower the investment's carrying value, they are subtracted from earnings. As a result, equity in subsidiary income is reduced by $120,000 in dividends paid by Janex. The answer is therefore $408,000 - $120,000 = $288,000.In conclusion, $355,200 should have been shown for equity in subsidiary earnings on the consolidated financial statements for 2020.Learn more about amortization here: https://brainly.com/question/14511778
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Bank loans from the Federal Reserve are called ________ and represent a source of new funds for financial intermediaries.
A. federal funds
B. agency loans
C. prime loans
D. discount loans
Bank loans from the Federal Reserve are called federal funds and represent a source of new funds for financial intermediaries.
What is the interest rate charged by the Federal Reserve when banks borrow money from it?The Federal Open Market Committee (FOMC) of the Federal Reserve determines the federal funds rate, also known as the fed funds rate. It can be characterized as the interest rate levied on unsecured loans taken out overnight by different lending institutions, like banks.
What is the funding source for the Federal Reserve?The Federal Reserve is not supported by appropriations from Congress. The majority of the money used to fund its activities comes from interest on the securities it owns, which were bought through the Federal Reserve's open market operations.
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1which of the following individuals is considered officially unemployed? a.chris, who has not worked for more than three years and has given up looking for work b.kim, who is going to school full-time and is waiting until graduation before looking for a job c.pat, who recently left a job to look for a different job in another town d.leslie, who retired after turning 65 only five months ago e.lee, who is working 20 hours per week and is seeking full-time employment
The individual who is considered officially unemployed is Lee, who is working 20 hours per week and is seeking full-time employment.
What does it mean to be officially unemployed?Official unemployment occurs when people are without work and are actively seeking work. They must be willing and able to work, and they must be actively seeking employment.
The officially unemployed, who are often referred to as jobless, are people who are unemployed and actively looking for work. It is also referred to as the unemployment rate in many countries.
In this case, among the five given individuals, Lee is considered officially unemployed because he is working for 20 hours per week and looking for full-time employment.
The other options do not fulfill the conditions of being unemployed as given by the question. Chris has not worked for more than three years and has given up looking for work.
Kim is going to school full-time and is waiting until graduation before looking for a job. Pat recently left a job to look for a different job in another town. Leslie retired after turning 65 only five months ago. Thus, Lee is the only person who meets the requirement of being officially unemployed.
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8. figure: tariffs in the domestic market with international trade and a $20 tariff, revenues collected from the tariff are: a. $18,000. b. $54,000. c. $31,000. d. $13,000.
The correct solution to this question here is option a, $18000 We can calculate it in the following manner.
At a price of $60, including the tariff, the quantity demanded = 650, quantity supplied = 1550, the difference can be calculated as quantity of imports and is 900
So, Tariff revenue collected from the $20 tariff = quantity of import*tariff = (1550-650)*20 = 18000
As, the value is 18000, we need to select option a.
Tariff revenue refers to the money collected by a government from importers who are subject to tariffs, which are taxes imposed on imported goods. When a country imposes a tariff on a certain imported product, the price of that product increases, and the importer is required to pay the additional amount of the tariff to the government.
The revenue collected from tariffs can be used by the government for various purposes, such as funding public goods and services, promoting domestic industries, or reducing the national debt. However, tariffs can also have negative effects, such as increasing the cost of imported goods for consumers and potentially leading to retaliation by trading partners.
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how should this service affect the unemployment rate? b. suppose everybody in the working-age population has access to www.monster. would you expect unemployment to be eliminated? explain.
The answer is no, unemployment cannot be eliminated just because everyone in the working-age population has access to www.monster.
If everyone in the working-age population has access to www.monster, it is unlikely that unemployment will be eliminated. This is because although the platform provides job opportunities, it does not guarantee that everyone who uses it will get a job.
Additionally, some people may not have the necessary skills or qualifications required for the available job opportunities.
The service may help to reduce the unemployment rate by increasing access to job opportunities and facilitating the job search process. It also enables people to be more visible to potential employers.
However, there are other factors that contribute to unemployment, such as economic conditions, demand for certain skills, and the overall labor market. Therefore, while it may have an impact on reducing unemployment, it is unlikely to completely eliminate it.
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which of the following is true for retailing? which of the following is true for retailing? wholesalers are only considered to be retailers if they are selling to final consumers. vending machines are considered to be retailing only if they are located within stores. manufacturers are not considered to be retailers as they are engaged in producing the product. retailing deals only with goods; it does not include services
The statement that is true for retailing is: "Wholesalers are only considered to be retailers if they are selling to final consumers."
Vending machines can be considered a form of retailing whether they are located within stores or not.
Manufacturers can also engage in retailing if they sell their products directly to consumers through company-owned retail outlets or e-commerce websites.
Retailing can deal with both goods and services. In fact, many retailers provide both goods and services to their customers, such as salons, repair shops, and restaurants.
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a 10% decrease in the money supply will change the aggregate price level in the long run by a. zero. b. less than 10%. c. 10%. d. 20%. e. more than 20%.
a 10% decrease in the money supply will change the aggregate price level in the long run by: zero. This is the right answer.
What is Money Supply?Money supply is the total amount of money that is circulating in the economy or is available for circulation in an economy. It can be defined as the amount of money in circulation that is readily available for spending. Money supply refers to the amount of currency and other liquid instruments circulating in an economy.What is Aggregate Price Level?Aggregate price level is defined as the average price of a group of commodities in an economy.
It is the average price of all final goods and services that are produced within a country's borders in a specific period of time. It is also the cost of goods and services that the consumers pay to buy the goods and services from the producers. Thus, a 10% decrease in the money supply will change the aggregate price level in the long run by zero.
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