aviva's company frequently needs a software specialist to update its highly unique computer systems. aviva is trying to determine if she should pay the high salary and benefits of a full-time employee or use a contingent employee when needed. what is one reason aviva would reject the idea of using a contingent workforce?
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Aviva's company frequently needs a software specialist to update its highly unique computer systems. one reason Aviva would reject the idea of using a contingent workforce is the high cost of turnover. Option C
This is further explained below.
Who is a software specialist?Generally, A computer expert who is also proficient in the usage of a particular piece of computer software is known as a software specialist.
Developing training on software systems, doing system tests to discover software failure spots, and working with customers to collect requirements are some of the job activities that you will be responsible for if you choose this line of employment.
The business owned by Aviva has a regular need for the services of a software professional to maintain its highly specialized computer systems.
Because of the significant expense associated with employee turnover, Aviva is likely to reject the concept of hiring a contingent workforce. Alternative C
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Related Questions
when purchasing a reusable water bottle, factors like durability, price, and temperature control that a consumer considers prior to purchase are called
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Evaluation criteria.
Evaluation criteria specify a set of metrics that allow solutions and alternate designs to be ranked based on the value of the stakeholders.
Explain Evaluation criteria?Evaluation criteria define a set of measurements that allow solutions and alternate designs to be ranked based on the value of the stakeholders. Each solution represents a continuous or discrete scale for measuring a particular solution attribute such as cost, performance, or usability.The definition of evaluation provided by the DAC includes five criteria: relevance, effectiveness, efficiency, sustainability, and impact.Accurate and unambiguous, which means that there is a clear and accurate relationship between the criteria and the actual consequences. Comprehensive but concise, in the sense that they cover the full range of relevant consequences while keeping the evaluation framework systematic and manageable, with no redundancies.To learn more about evaluation criteria refer to :
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9. if 116,500 pounds of raw materials are needed to meet production in august, what is the estimated raw materials inventory balance at the end of july?
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Inventory Balance denotes the monetary amount of the Inventory as of the measurement date, based on the Seller's or one or more of its Affiliates' standard costs as described above for the purposes of such measurement.
Explain about the inventory balance?On a company's balance sheet, inventory is listed as a current asset and acts as a stopgap between order fulfilment and production. When an item in inventory is sold, its carrying cost is transferred to the income statement's cost of goods sold (COGS) category.
When accounting for inventory through financial reporting, proper inventory valuation is crucial. Inventory inconsistencies will have an influence on financial statements like balance sheets, income statements, and statements of retained earnings if inventory is not valued appropriately.
All the goods, merchandise, and supplies that a company keeps on hand in anticipation of selling them for a profit are referred to as inventory. Example: Only the newspaper will be regarded as inventory if a newspaper vendor utilizes a vehicle to distribute newspapers to clients. The car will be considered an asset.
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What is the key problem of assessing performance using multiple performance measures? group of answer choices it is impossible to know whether overall performance has improved it is expensive to record numerous measures there will always be disagreement about what the measures should be some measures will be inaccurate not all the measures will be in financial terms
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Measurement resistance is also brought on by a lack of data knowledge, a lack of resources, poor experiences, a lack of data accuracy, and a lack of senior leadership involvement.
Why is it difficult to measure performance?The most frequent problems with performance management, along with solutions,a lack of coordination,any successful business relies on effective communication, micromanagement Lack of confidence,not establishing objectives or expectations.selecting the incorrect priorities. These indicators include turnover, employee happiness, and employee engagement.According to studies, increased customer satisfaction is related to higher employee engagement.Customers can tell when employees are satisfied at work and have faith in their brand or business. The lack of structure in the process is one factor contributing to performance management failure.It must be done more frequently because it is not a one-time process.If you don't have a well-designed structure for performance management, it is not possible. The largest issue with forced ranking may be unfairness, as the way the system is set up makes the decisions appear more and more random each year.Poor performers have typically already left most organizations after several years of a forced ranking system. Input, Output, Efficiency, Quality, and Outcome are the five distinct types of metrics that have been discovered, defined, and will be used throughout the Iowa State Government.To learn more about measure performance refer
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a middle-ground ad strategy between globally standardized and entirely local programs is the blank approach, in which the home office and foreign subsidiary agree on marketing objectives, after which each subsidiary puts together a tentative advertising campaign. multiple choice question. regional personal selling semi-universal programmed-management
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The programmed management approach (advertising) is a middle-ground ad strategy between globally standardized and entirely local programs is the blank approach, in which the home office and foreign subsidiary agree on marketing objectives.
So, option D is correct.
Advertising approach that straddles the line between internationally standardized and wholly local initiatives. This strategy allows for flexibility in reacting to various market situations while giving the home office an opportunity to standardize those ad elements that can be. A business is utilizing a global standardization approach if it doesn't alter its product or marketing message for international markets.
When discussing only piece prices, as is frequently the case with commodities, it is challenging to reach a middle ground. Taking total cost into account, on the other hand, may assist you in finding a happy medium. Piece pricing is only one aspect of the discussions that must be taken into account while adopting this strategy.
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Cash Budgeting Dorothy Koehl recently leased space in the Southside Mall and opened a new business, Koehl's Doll Shop. Business has been good, but Koehl frequently runs out of cash. This has necessitated late payment on certain orders, which is beginning to cause a problem with suppliers. Koehl plans to borrow from the bank to have cash ready as needed, but first she needs a forecast of how much she should borrow. Accordingly, she has asked you to prepare a cash budget for the critical period around Christmas, when needs will be especially high. Sales are made on a cash basis only. Koehl's purchases must be paid for during the following month. Koehl pays herself a salary of $4,600 per month, and the rent is $1,800 per month. In addition, she must make a tax payment of $13,000 in December. The current cash on hand (on December 1) is $750, but Koehl has agreed to maintain an average bank balance of $7,000 - this is her target cash balance. (Disregard the amount in the cash register, which is insignificant because Koehl keeps only a small amount on hand in order to lessen the chances of robbery.) The estimated sales and purchases for December, January, and February are shown below. Purchases during November amounted to $150,000. Sales Purchases December $120,000 $35,000 January 46,000 35,000 February 66,000 35,000 Prepare a cash budget for December, January, and February. Do not round intermediate calculations. Round your answers to the nearest dollar. Negative values, if any, should be indicated by a minus sign. Collections and Purchases: December January February Sales (Collections) $ $ $ Purchases $ $ $ Payments for purchases $ $ $ Salaries $ $ $ Rent $ $ $ Taxes $ --- --- Total payments $ $ $ Cash at start of forecast $ --- --- Net cash flow $ $ $ Cumulative cash balance $ $ $ Target cash balance $ $ $ Surplus cash or loans needed $ $ $ Suppose that Koehl starts selling on a credit basis on December 1, giving customers 30 days
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The preparation of cash budgets for December, January, and February for Koehl's Doll Shop are as follows:
Koehl's Doll Shop
Cash BudgetDecember January February
Sales $120,000 46,000 66,000
Total payments $169,400 $41,400 $41,400
Cash at the start of the forecast $750 --- ---
Net cash flow ($49,400) $4,600 $24,600
Cumulative cash balance ($48,650) ($51,050) ($33,450)
Target cash balance $7,000 ($7,000) ($7,000)
Surplus cash or loans needed ($55,650) $58,050 ($40,450)
What is a cash budget?A cash budget is a projection of cash receipts and payments for a period.
Cash budgets may be prepared weekly, monthly, quarterly, or yearly, as required.
Management prepares cash budgets to guide its cash flow activities and decisions, readying to invest excess cash, request loans, or generate sufficient revenue to meet its short-term obligations.
Purchases for November = $150,000
Sales Purchases
December $120,000 $35,000
January 46,000 35,000
February 66,000 35,000
Other cash payments:
Koehl's salary is $4,600 monthly
Rent is $1,800 monthly
Tax $13,000 in December
Thus, preparing a cash budget enables Dorothy Koehl to appreciate the timing of cash flows.
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tavist allergy pills sell for $25 a box. steve, brian, and toby are willing to pay $33, $27, and $19, respectively, for a box of tavist. what is the total consumer surplus for steve, brian, and toby?
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The total consumer surplus for steve, brian, and toby is $10.
What is consumer?
A consumer is a person or a group that is not directly involved in entrepreneurial or business activities and who intends to order as well as uses purchased goods, products, as well as services primarily for personal, social, family, or household needs. The phrase is most frequently used to describe someone who makes purchases for their own use. Any individual or group who makes final use of a good or service is referred to as a consumer. Here are a few instances: a client who spends money having their hair styled and cut by a hairstylist. a business that purchases a printer for business use.
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marketing researchers take great care in developing research questions that measure attitudes, beliefs, behaviors, and demographics because they desire positive research outcomes. true false
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This is because Marketing research serves marketing management by providing information which is relevant to decision making.
What is marketing research?
Marketing research is the process of interviewing prospective customers directly to ascertain the viability of a new service or product.
Information that is pertinent to decision-making is provided by marketing research, which benefits marketing management.
Marketing research neither determines the course of action nor ensures success. Instead, market research assists in lowering the level of confusion surrounding the decision to be made.
In simple words Marketing research is the systematic and objective search for, and analysis of, information relevant to the identification and solution of any problem in the field of marketing.
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which of the terms or phrases listed below is more associated with financial statements prepared in accordance with u.s. gaap than with international financial reporting standards?
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Accumulated other comprehensive income is the terms or phrases which is more associated with financial statements prepared in accordance with U.S. GAAP than with International Financial Reporting Standards.
What's IFRS and its purpose?
The International Financial Reporting norms( IFRS) are a set of account rules for public companies with the thing of making company financial statements harmonious, transparent, and fluently similar around the world. This helps for auditing, duty purposes, and investing.
What's IFRS perpetration?Enforcing IFRS has an impact on all aspects of a company, including financial reporting systems, internal controls, levies, storeroom, operation compensation, cash operation, and legal, among others. It requires a metamorphosis that involves workers, processes, and systems.
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true or false: deviations in the quality of income ratio resulting from rapid growth is usually cause for alarm as it is a signal that the company is not financially equipped to support the growth.
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This is True.
This is because The deviation is used to determine the discrepancy between an observed variable's value and its predicted value. The deviation can be defined as the distance from the center point.
In other words. Any unintended event that deviates from the accepted processes, procedures, instructions, specifications, or established standards is referred to as a deviation.
How are deviation determined?
Deviation is calculated as:
First, determine the mean. Calculate the square of each data point's variance from the mean.Add the values from Step 2 in Step 3.Divide by the total number of data points in step 4.Take the square root in step five.To learn more about deviation from the given link
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beta company uses a periodic inventory system. the company bought 80 units of inventory for $12 each and 20 units of inventory for $12.50 each. it sold 90 units for $25 each. beta's weighted average cost is:
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The company purchased 80 units of inventory at $12 and 20 units of inventory at $12.50. 90 units were sold at $25 each. the weighted average beta price is $12.
10 Weighted average = (80 × $12) + (20 × $12.50)/ 100Weighted average = $12.10 The calculation of the weighted average takes into account the different levels of significance of the numbers in the data collection. Before completing the final calculation when calculating a weighted average, the specified weight is multiplied by each value in the data set.
When all the numbers in a data collection have the same weight, a simple average can be less accurate than a weighted average. The value of each data point is multiplied by the assigned weight in the weighted average before being summed and divided by the total number of data points. When calculating the simple mean, also known as the arithmetic mean, all numbers are given equal attention and weight.
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Wallace has decided that he wants to move on from his entrepreneurial business and take his financial profits from his hard work. This is an example of ________.
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Wallace has decided that he wants to move on from his entrepreneurial business and take his financial profits from his hard work. This is an example of harvesting.
What is financial profit?
Profit is defined as the financial benefit realised when the revenue generated by an economic activity exceeds the expenditures, costs, and taxes associated with the activity in question. Profits are returned to business owners, who can choose to pocket the money, disseminate it to shareholders as dividends, or invest money it back into the company. The amount of money a company makes after deducting all expenses. Whether it's a peach iced tea stand or a publicly traded multinational corporation, the primary goal of any company is to make money, so business performance is dependent on profitability in all of its forms.
Some analysts are concerned with top-line profitability, while others are concerned with profit before taxes as well as other expenses. Others are solely concerned with profit once all expenses have been removed.
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apple, which controls over 75 percent of digital music sales, was able to dictate song pricing for years, despite the tremendous protests of the record labels. this implies that:
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If apple, which controls over 75 percent of digital music sales, was able to dictate song pricing for years, this implies that: Companies with strong network effects tend to enjoy substantial bargaining power over partners.
What is bargaining power?Bargaining power can be defined as the way in which a company tend to have the ability to negotiate than another company in which the company with the best negotiation power tend to win the deal in which both companies are negotiating on.
This scenario best illustrate bargaining power which is what makes it possible for apple to have control over seventy five percent of digital music sales.
Therefore we can conclude that apple have strong bargaining power over others companies.
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the rate of inflation in zimbabwe rose in 2018 from 10.6% to 577.21% in 2020. what was the positive effect of this unexpected inflation on the residents of the country?
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The unexpected inflation in Zimbabwe from 2018 to 2020 had a positive effect on the residents of the country which was making fixed rate loans cheaper.
What is a positive effect of unexpected inflation?When there is unexpected inflation, it means that the prices of goods and services are rising faster than was anticipated by economists and analysts. This means that this rate of inflation was not included in the determination of fixed rates of interests on certain loans.
The residents of Zimbabwe when the inflation rose from 10.6% in 2018 to 577.21% in 202 would therefore get the positive benefit of paying less interest in real terms if they had fixed rate loans.
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the goal of health insurance is to: a. collect sufficient premiums to cover all possible losses. b. equalize the availability of medical care across population groups. c. redistribute income from the sick to the healthy. d. spread risk over a large group of people.
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The goal of health insurance is to collect sufficient premiums to cover all possible losses spread risk over a large group of people. The sum that a patient is required to pay an insurance company in premiums.
The risk of a person needing medical care might be partially or completely covered by health insurance, often known as medical insurance. Risk is shared by many people, just like with other types of health insurance. An insurer can design a routine financial structure, like a monthly premium, by assessing the entire risk of health risk and health system spending over the risk pool.
A premium is a price that exists above a certain kind of basic value, and such assets or items are said to be trading at a premium. Increased demand, a constrained supply, or expectations of rising value in the future can all cause assets to trade at a premium.
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when a british bank accepts a deposit in pounds sterling, it must set aside a fraction of that money to be kept in an account at the bank of england. all industrialized countries operate with this type of blank requirement. multiple choice question. reserve income capital withholding
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Reserve requirements withholding capital income reserve.
Capital is a very important thing in a company or business. Without capital, the business cannot move as it should. Capital is needed in various business scales, ranging from large-scale or small-scale businesses.
There are several types of capital separated by category, namely:
Types of Capital Based on Source, types of capital based on sources are divided into two, namely external capital and internal capitalTypes of Capital Based on the Owner, based on its function, capital is divided into two, namely social capital and individual capital.Types of Capital Based on Its Form, capital is also divided based on its form or form, namely abstract capital and concrete capital.Capital based on its nature, based on its nature, the type of capital is divided into two types, namely fixed capital and current capital.You can learn more about Capital here brainly.com/question/15141487
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westco company issued 10-year bonds a year ago at a coupon rate of 7.6 percent. the bonds make semiannual payments and have a par value of $1,000. if the ytm on these bonds is 5.9 percent, what is the current bond price in dollars? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)\\
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The current bond price is $1127.05 if the Westco company issued 10-year bonds a year ago at a rate of 7.6%.
The value of the bond can be considered to be the present value (PV) of the future cash receipts expected for this bond. Therefore, the value of the bond can be given as;
Bond value = PV of interest + PV of RV
here RV represents the redemption value
The value of the bond of Westco company can be found as follows;
First, we find the PV of interest;
Semi-annual interest payment = 7.6% × 1000 × 1/2 = 38
Semi-annual yield = 5.9% ÷ 2 = 2.95% per six months
Total period to maturity (in months) = 2 × 10 = 20 periods
PV of interest = 38 × [1 - ( 1 + 0.0295)^(-20)] / 0.0295 = 567.97
Now we determine the PV of redemption value as follows;
PV of redemption value = 1000 × (1.0295)^(-20) = 559.08
Now the price of the bond can be calculated as follows;
Bond price = 567.97 + 559.08 = 1127.05
Hence, the current bond price is calculated to be $1127.05 if the Westco company issued 10-year bonds a year ago at a coupon rate of 7.6 percent.
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Roughly how many proposals for new television series do national broadcast and cable networks received every year?.
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Due to their longevity and popularity with viewers, the "Big Three" traditional commercial broadcast television networks in the United States are CBS , NBC , and ABC (American Broadcasting Company). Nationwide full-power television stations have been required to broadcast only in digital format starting on June 13, 2009.
The Digital Television Transition is the transition of broadcast television from analogue to digital. Cable stations like Animal Planet, AMC, and Comedy Central don't use the public airwaves like broadcast networks channels do. Instead, they impose a subscription fee for transmission on viewers. Cable channels are independent businesses that provide all the benefits and drawbacks of demand-driven, independent media.
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the actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions, are referred to as
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The actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions, are referred to as consumer behavior.
Why is customer behavior essential and what does it entail?
Consumer behavior analysis examines how consumers choose what and when to buy, as well as when and how to make those purchases. The behavior of consumers and what motivates them to use and purchase particular products are the subjects of this study.
The study of customer purchasing behavior is crucial for marketers because it allows them to comprehend consumer expectations. Understanding what prompts a customer to purchase a product is useful. Consumers go through this procedure to assess whether to make a purchase. The five steps are problem identification, information search, alternative assessment, buy choice, and post-purchase assessment.
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number of invoices is most appropriate cost driver for which of the following types of activity costs? a. purchasing b. payroll c. assembly d. machining
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Number of invoice is most appropriate cost driver for purchasing.
What is an invoice?An invoice is an itemized commercial document that cost driver the products or services provided to a customer, the total amount owed, and the preferred method of payment. Merchants can send either paper invoice or electronic invoice to their customers. An invoice is a detailed list that records the products provided to a customer, the total amount paid, and how the cost driver paid for those items or services. You can send an electronic invoice or a paper invoice.Invoice can be paid in one lump sum or in installments. An invoice refers to a request for payment, while a receipt is proof of payment.It is a document that proves that the customer has received the goods or services for which they paid for the company or, conversely, that the company has been fairly compensated for the goods or services sold to the cost driver.To learn more about invoice from the given link :
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In no more than 4000 words. using consumer behaviour theories in particular post-feminism, marxism and economic uncertainty( brexit, rising inflation, energy crisis, war in ukraine) on marketing strategies of a firm and the buyer behaviour of consumers of its products and services. you can include a reflection on its ethical approach to marketing communications and how it is employed to persuade consumers. you need to think about the theoretical lens you will use to examine this topic instance, this assignment can focus on risk and uncertainty. also, reflect on methods you will use in collecting information on the firm and consumer segments it serves. you can complete individual sections of your report using secondary data (i.e resources in the published domain). however, please note that you have the choice to collect empirical data if is readily available (e.g interview or questionnaire administered to staff and customers of the firm of your choice.) - real-life case context - a critical review o relevant literature - application of theory to practice - linked to li, l2,l3, l4. references should also be included please
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Market segmentation is the process of breaking a large consumer or corporate market into smaller consumer groups based on traits that they have in common.
What is consumer segments?Market segmentation is the process of breaking a large consumer or corporate market into smaller consumer groups based on traits that they have in common. Typically, this process involves existing and future customers. Client segmentation is the practice of breaking up your customer base into groups based on shared traits, including behaviors or demographics, so you can market to those customers more successfully. Demographic, psychographic, behavioral, geographic, and firmographic segmentation are the five categories of market segmentation.The four primary categories of market segmentation are thought to be geographic, psychographic, behavioral, and demographic; however, there are many other tactics you can employ, as well as countless variants on the four primary types.To learn more about Market segmentation refer to:
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if, over time, wages and salaries on average rise at least as fast as inflation, should people have to worry about how inflation affects incomes? will indexing of wages and salaries to inflation then take care of the problem. are there other factors that will contribute to whether or not the problem is solved?
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The impact of inflation People worry about their income during a period of hyperinflation because their real income will decline during this time. Effects on Income and Employment: Due to increased production, inflation tends to raise the total monetary income of the community as a whole.
Similar to how output increases, employment also rises as a result. The expansion of the money supply is what drives inflation in an economy. With more money competing for the same amount of commodities as before, prices rise as a result of greater demand.
Wide-ranging effects on output, wealth distribution, and the economy as a whole result from this decline in currency value and increase in the overall price level. These effects may be favorable or unfavorable, and they may differ depending on the group of people affected.
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Any costs incurred to get the merchandise into a condition and location ready for sale should be debited to ______.
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Any costs incurred to get the merchandise into a condition and location ready for sale should be debited to Inventory.
Any activity that helps a product be sold to a retail customer is considered merchandising. Retail in-store merchandising is the practice of exhibiting objects that are for sale in a way that inspires customers to buy additional items or products. Visual display merchandising in retail refers to the practice of selling goods by influencing consumer behavior through product selection, display, pricing, and packaging. Disciplines and discounts, the actual presentation of products and displays, and judgments regarding which products should be shown to which customers at what time are all included in this.
Understanding the standard dating notation for the terms of payment on an invoice is made easier by merchandise. Codified discounting addresses markup and markdown issues in pricing.
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espresso petroleum inc. has a contractual option to buy back, prior to maturity, bonds the firm issued five years ago. this is an example of what type of bond?
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Espresso petroleum inc. has a contractual option to buy back, prior to maturity, bonds the firm issued five years ago is an example of callable bond.
Define a callable bond.A bond that can be redeemed by the issuer before the specified maturity date is reached is referred to as a callable bond, also known as a redeemable bond. A callable bond enables the issuing corporation to settle its debt before its due date. A corporation may opt to call its bond if market interest rates fall, allowing it to reborrow money at a better rate. Callable bonds therefore make up for that possibility by offering a more alluring interest rate or coupon rate due to their callability.
In a callable bond, the issuer reserves the right to stop making interest payments and returning the investor's principal before the bond's maturity date.
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The complete question is given below :
Espresso Petroleum Inc. has a contractual option to buy back, prior to maturity, bonds the firm issued five years ago. This is an example of what type of bond?
A) Puttable bond
B) Callable bond
C) Convertible bond
D) Junior bond
true or false: in wto rules, the escape clause allows for the imposition of restrictions on unfairly traded imports that cause or threaten harm to domestic industry.
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hope this helped!! :))
factors of production are foundational to a business achieving their objectives. if a business identifies the need to acquire new machinery to increase efficiency, on which of the four fundamental resources should they focus?
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The four fundamental resources should they focus natural resources, capital, human resources, and entrepreneurship.
The required details about Factors of production is mentioned in below paragraph.
Factors of production are the assets that serve as the economic backbone and are utilized by individuals to create goods and services. Land, labor, capital, and entrepreneurship are the four types of production elements that economics differentiate between. According to conventional economics, the four main factors of production are land, which refers to the actual area and natural resources, labor, which refers to the actual workers, capital, which refers to the actual funds and machinery, and entrepreneurship, which refers to the actual concepts and driving forces. All production forces contribute to economic progress. No product can be made without the basic components (land). Such resources cannot be gathered, transformed, or processed without work (labor).
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14-9 if a firm goes from zero debt to successively higher levels of debt, why would you expect its stock price to rise first, then hit a peak, and then begin to decline?
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The tax advantages of debt increase linearly, increasing the firm's worth and stock price with time.
Is a greater or lower stock price preferable?A public company's stock share price, which generally indicates the company's overall financial health, is very important. Generally speaking, a company's prospects get better as its stock price rises.The smallest unit of stock in a firm is called a share. Therefore, the appropriate word to employ when allocating stock and referring to certain attributes is shares. In a technical sense, shares correspond to stock units.The most accurate way to determine a security's present value is to look at its current price, which is the most recent selling price of any stock, currency, good, or precious metal that is traded on an exchange.To learn more about Stock price refer to:
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according to karl marx, in a capitalist economy, what type of alienation is a worker experiencing when the worker is forced to work for someone else and makes money for the owner of the workplace?
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According to alienation, the worker is forced to work for someone else and makes money.
What is the theory of alienation ?
The method of making a worker feel alien to the results of their own effort. One may put their subjectivity into an object and even take pleasure in the fact that someone else enjoys their invention, therefore creating commodities need not result in alienation and can even be quite gratifying. The proletariat works in order to live, to obtain the very means of life, which he can only achieve by selling his labor to a capitalist for a wage (as if his labor were itself a property that can be purchased). In capitalism, the worker is exploited in this way: he does not work to create a product that he then sells to a real person.
Because the worker no longer owns the product, the worker feels alienated from it. Instead, the product now belongs to the capitalist, who bought the proletariat's labor force in return for exclusive control over the proletariat's goods and any profit generated by their sale.
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ace electronics had cost of goods sold of $20,000. if purchases of inventory were $23,000 and ending inventory was $6,000, ace's beginning inventory must have been . multiple choice question. $3,000 $9,000 $26,000 $17,000
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With all inventory regarding adjustments, the beginning inventory that ace must have is $3,000. Hence, Option A is correct.
What is inventory?The items and materials that a company keeps on hand with the intent of reselling, producing, or using them are referred to as inventory or stock. Defining the size, location, and shape of stocked commodities is a major focus of inventory management.
All the products, materials, and things that a company keeps on hand in anticipation of selling them to customers for a profit are referred to as inventory.
With a cost of goods sold of $20,000, Ace Electronics. Ace had to have had $3,000 worth of stock at the start if his purchases totaled $23,000 and his concluding stock was $6,000 instead.
Therefore, Option A is correct.
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when tolls on the dulles airport greenway were increased from $0.50 to $1.50, traffic decreased from 31,000 to 10,000 trips a day. assuming all changes in quantity were due to the change in price, what is the price elasticity of demand for the dulles airport greenway?
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The price elasticity demand for the Dulles Airport Greenway is equal to -0.34.
Price elasticity of demand may be defined as the ratio of how much the quantity of demanded goods change or fluctuate as compared to the original demand divided by the change in price compared to the original price of the goods. The formula will be expressed as
Price elasticity of demand = (ΔQ/Q) ÷ (ΔP/P) where ΔQ is the Change in quantity demanded, Q is the initial quantity demanded, ΔP is the Change in price and P is the original price. Putting the values according to the question that is ΔQ = 10000 - 31000 = -21000, Q = 31000, ΔP = $1.50 - $0.50 = $1 and P = $0.50
Price elasticity of demand = (-21000/31000) ÷ (1/0.50)
Price elasticity of demand = -0.68/2
Price elasticity of demand = -0.34
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The money multiplier is equal to the _______________ in the economy divided by the original _________________.
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The money multiplier is equal to the total money in the economy divided by the original quantity of money
What is Multiplier for money?
A money multiplier is one of several closely related ratios of commercial bank money to central bank money in a fractional reserve banking system, according to monetary economics. It has to do with how much money from the central bank can be created in the commercial banks up to a particular point.
Therefore, Loans are how banks make money. To increase interest earnings, a bank lends or invests its excess reserves. The money supply grows by more than one dollar for every $1 rise in the monetary base. The money multiplier is the expansion of the money supply.
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