Journal Entry #1:
Debit: Wage Expense for $16,000
Credit: Cash for $13,650
Credit: Employee Income Tax Payable for $1,100
Credit: FICA Taxes Payable for $1,250
Explanation: The company records the wage expense for December and the payment of net cash due to employees after withholding taxes.
Journal Entry #2:
Debit: FICA Taxes Payable for $1,250
Credit: FICA Taxes Expense for $1,250
Explanation: The company records the payroll tax match for FICA taxes for December.
On January 6, Blue Spruce Corp. sells merchandise on account to Harley Inc. for $9,400, terms 3/10, n/30. On January 16, Harley pays the amount due. Prepare the entries on Blue Spruce Corp.’s books to record the sale and related collection. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
In the given journal entry, Jan. 6 Dr Accounts receivable $9,700, Cr Sales is $9,700. Jan. 16 = Cash $10,506. Sales discounts($9,700 * 2%) $194. Accounts receivable $10,700.
The journal entries are the initial recording of the business transactions in the books of accounts. The entries are prepared in chronological order .i.e. the order of their occurrence. This helps the accountant to prepare the general ledger accounts of each account head. Journal entries can record unique items or recurring items such as depreciation or bond amortization. In accounting software, journal entries are usually entered using a separate module from accounts payable, which typically has its own subledger, that indirectly affects the general ledger.
Thus, in the given journal entry Accounts receivable is $10,700.
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Robert has always enjoyed working on cars as a hobby. He feels that he could earn a good living if he opened a mechanics shop. He does not have any startup money at this time, and he does not really know how to get started. Which business organization is best and why? How will he overcome his dilemmas?
There are several business organizations that Robert could consider when starting his mechanics shop. Each has its own advantages and disadvantages, so it is important for Robert to carefully consider which one is best suited for his needs.The first option is a sole proprietorship. This is the simplest and most common form of business organization, where the business is owned and operated by a single individual. The advantages of a sole proprietorship are that it is easy to set up and maintain, there are no separate taxes or legal requirements, and the owner has complete control over the business. However, the disadvantages are that the owner is personally liable for all debts and obligations of the business, and it may be difficult to raise capital or expand the business.Another option is a partnership, where two or more individuals own and operate the business together. The advantages of a partnership are that it is easy to set up and maintain, there is shared responsibility and workload, and it may be easier to raise capital than with a sole proprietorship. However, the disadvantages are that each partner is personally liable for all debts and obligations of the business, there may be disagreements between partners, and it may be difficult to dissolve the partnership if necessary.A third option is a limited liability company (LLC), which combines elements of both a partnership and a corporation. The advantages of an LLC are that it provides limited liability protection for its owners, there are fewer formalities required than with a corporation, and profits and losses can be passed through to individual tax returns. However, the disadvantages are that it can be more expensive to set up and maintain than a sole proprietorship or partnership, there may be restrictions on ownership transferability, and there may be additional taxes or legal requirements.In Robert's case, an LLC may be the best option as it provides limited liability protection while still allowing him to have control over his business. To overcome his dilemma of not having startup money, Robert could consider taking out a small business loan or seeking funding from investors. He could also start small by offering his services as a mobile mechanic or working out of his home garage until he can afford to rent or purchase a physical location for his shop.In conclusion, Robert should carefully consider the advantages and disadvantages of each business organization before deciding which one is best suited for his needs. An LLC may be the best option for him, but he will need to find a way to secure startup funding in order to get his business off the ground.
G
Multiple Select
Select all parts that should be included in a resumé.
contact information
summary qualifications
work experience
education and training
letter of recommendation
name
current manager's name
C
Based on the given options, all the parts that should be included in a resumé are;
contact informationsummary qualificationswork experienceeducation and trainingnameWhat is a resumé?A résumé, can be regarded as the curriculum vitae, which can be considerd as document that someone tht is seeking for employment can use to present their background, skills, aqs well as accomplishments.
It should be noted that Résumés is a documnet that encompass the summary qualification which contains variety of reasons, and it is been used to secure new employment.
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Discuss the effect of diversification in the portfolio to the risk return of the investment.
Diversification reduces the risk of an investment portfolio by spreading investments across different assets and can stabilize returns, leading to a more balanced risk-return profile.
Diversification is an investment strategy aimed at reducing risk by spreading investments across different assets. The theory behind diversification is that by investing in a range of assets, the investor can reduce the risk associated with any single asset.
Diversification can help to mitigate risk and stabilize returns by reducing the impact of market volatility on the portfolio. By investing in assets that are not highly correlated, the portfolio is less likely to be affected by sharp declines in any one asset class. This helps to reduce the risk of the portfolio and create a more stable investment return over the long term.
However, diversification is not a guarantee against loss, and some investments may still suffer losses. It is important to balance the level of diversification in the portfolio with the investment objectives, risk tolerance, and other factors.
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uBreakiFix advertised that they offer a "Low price guarantee". This is part of their:
A) Brand Development
B) Unique Value Proposition
C) Marketing Goals
D) Vision Statement
Break Fix advertising that they offer a "Low price guarantee" is a part of their Marketing Goals. Thus, the correct answer is option C.
A marketing goal is a particular and quantifiable target that assists you in meeting your overall business objectives. It might range from producing high-quality leads and enhancing brand recognition to increasing customer value and increasing referral rate.
Marketing objectives include raising brand exposure, acquiring new consumers, increasing website traffic, advertising, establishing industry authority, increasing customer value, boosting brand engagement, increasing revenue, and improving internal brand.
Therefore, by offering low price guarantee the brands attracts customers and increases their brand value, thus fulfilling its marketing goals.
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Question 4 (1 point)
Being __________ involves a situation where people are physically present but
communicatively absent, according to McEwan (2015).
Civil inattention
Absent present
Present absent
O Micro-coordination
Being "present absent" involves a situation where people are physically present but communicatively absent, according to McEwan (2015).
What does it mean to being Present absent?
Being "present absent" refers to a phenomena in which people are physically present in a specific environment or context but are not completely engaged or immersed in the conversation or interaction that is taking place in that setting.
McEwan (2015) developed this notion in the context of online communication and social media, where users may be present on a specific platform or network but are not fully engaged or attention to the conversation or interaction taking place.
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What IFRS’S were violated in the Volkswagen emissionsscandals?
Volkswagen's actions in the emissions scandal were a clear violation of several IFRS, highlighting the importance of accurate and truthful financial reporting.
The Volkswagen emissions scandal involved the violation of several IFRS (International Financial Reporting Standards) including the following:
1. IAS 1 Presentation of Financial Statements: Volkswagen failed to present accurate and truthful financial statements, as they did not disclose the potential liabilities resulting from the use of defeat devices in their vehicles.
2. IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors: Volkswagen violated this standard by failing to disclose the use of defeat devices in their vehicles, which was a significant error in their financial reporting.
3. IAS 37 Provisions, Contingent Liabilities, and Contingent Assets: Volkswagen violated this standard by failing to recognize and disclose the potential liabilities resulting from the use of defeat devices in their vehicles.
4. IFRS 13 Fair Value Measurement: Volkswagen failed to accurately value their vehicles, as the use of defeat devices artificially inflated their emission levels and thus their value.
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Jamie's Job Shop buys two parts (Tegdiws and Widgets) for use in its production system from two different suppliers. The parts are needed throughout the entire 52-week year. Tegdiws are used at a relatively constant rate and are ordered whenever the remaining quantity drops to the reorder level. Widgets are ordered from a supplier who stops by every three weeks. Data for both products are as follows:a. What is the inventory control system for Tegdiws? That is, what is the reorder quantity and what is the reorder point?
a. What is the inventory control system for Tegdiws? That is, what is the reorder quantity and what is the reorder point?
Reorder quantity = 1,225
Reorder point = 824.4
b. Find the total inventory costs if using inventory policy.
This is a case considering safety stock (make sure to use the right formulas
Inventory control system for Tegdiws is as follows:
1.225 units are the number of reorders
11,346.29 units are the reorder point.
What is the Widgets inventory control system?
There are 576.9 units in the widget inventory control system.
The products and materials that a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock.
The main focus of the discipline of inventory management is determining the location and shape of stocked products.
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Small businesses are more nimble than corporations. this allows them to operate on a flatter organization chart. what is an advantage to this structure?
A. Fluctuation is less likely.
B. Response to customer demands is faster.
C. Fewer employees requires fewer communication skills.
Brainliest?
Answer: B. Response to customer demands is faster.
Explanation: The advantage of a flatter organization chart in small businesses is that decision-making and communication lines are shorter, which enables the company to be more agile and respond more quickly to customer demands. With fewer layers of management, small businesses can make decisions faster, implement changes more quickly, and be more flexible in their operations. This is especially important in today's fast-paced business environment, where companies need to be able to adapt to changing market conditions and customer needs in order to stay competitive.
Calculate the Net Present Value Weather Co has recently taken over many smaller companies, which it now runs as separate divisions. One division, Thunder, has just developed a new product called Lightning and is now considering whether to put it into production. The following information is available:
(i) Costs incurred in the development of Lightning amount to $480,000.
(ii) Production of Lightning will require the purchase of new machinery at a cost of $2,400,000, payable on the first day of the new financial year. The machinery is specific to the production of Lightning and will be obsolete and valueless when production ceases. The machinery has a production life of four years and a production capacity of 30,000 units per annum.
(iii) Production costs of Lightning (at year 1 prices) are estimated as follows:
Direct material $8
Direct labour $12
Variable overheads $ 12
In addition, incremental fixed production costs (at year 1 prices), including straight-line depreciation on plant and machinery, will amount to $800,000 per annum.
(iv) The selling price of Lightning will be $80 per unit (at year 1 prices). Demand is expected to be 25,000 units per annum for the next four years.
(v) The consumer price index is expected to be at 5% per annum for the next four years and the selling price of Lightning is expected to increase at the same rate. Annual inflation rates for production costs are expected to be as follows:
Direct materials 4%
direct labour 10%
variable overheads 4%
Fixed costs 5%
(vi) The company's cost of capital in money terms is expected to be 15%. Direct materials Direct labour Variable overheads
(vii) Corporation tax is 30% and is payable one year in arrears. Tax-allowable depreciation of 25 per cent on a reducing balance is available on capital expenditure.
(viii) This investment will also require an investment in working capital of $500,000 payable at the start of the project.
This is not expected to change during the life of the investment. Unless otherwise specified, all costs and revenues should be assumed to arise at the end of each year.
The financial manager has recommended that a discounted cash flow method of project appraisal be used, but some members of the board are reluctant to do this.
Answer: Net Present Value (NPV) = -$2,400,000 + [25,000 x $80 x (1 - 0.30)]/1.15 - [$480,000 + ($800,000 x 4)]/1.15^4 + ($500,000/1.15^4)
NPV = -$2,400,000 + $1,946,739.13 - $2,719,565.22 + $385,217.39
NPV = -$1,077,608.70
Explanation:
Based on this analysis, the Lightning project has NPV of -$2,279,126.25 which is negative. Hence, the project is not economically viable and should not be pursued.
How to calculate the Net Present ValueTo calculate the net present value (NPV) of the Lightning project
Firstly, estimate the cash flows associated with the project and discount them to their present values using the company's cost of capital.
To calculate the annual cash inflows and outflows associated with the project.
The annual revenue from selling 25,000 units of Lightning at a price of $80 per unit is:
25,000 x $80 = $2,000,000
The annual production costs can be calculated as follows:
Direct material: 25,000 x $8 = $200,000
Direct labour: 25,000 x $12 = $300,000
Variable overheads: 25,000 x $12 = $300,000
Incremental fixed costs: $800,000
Total annual production costs: $1,600,000
To calculate the annual cash flow, subtract the annual production costs from the annual revenue:
Annual cash inflow: $2,000,000 - $1,600,000 = $400,000
In addition to the annual cash inflow, consider the initial investment in the project.
This includes the development costs of $480,000, the purchase of new machinery for $2,400,000, and the investment in working capital of $500,000. The total initial investment is:
$480,000 + $2,400,000 + $500,000 = $3,380,000
To calculate the tax-allowable depreciation on the capital expenditure, The value of the machinery after each year can be calculated as follows:
Year 1: $2,400,000 x (1 - 0.25) = $1,800,000
Year 2: $1,800,000 x (1 - 0.25) = $1,350,000
Year 3: $1,350,000 x (1 - 0.25) = $1,012,500
Year 4: $1,012,500 x (1 - 0.25) = $759,375
The tax-allowable depreciation for the first year is:
$2,400,000 - $1,800,000 = $600,000
The tax-allowable depreciation for the remaining years is calculated in the same way.
Using the information above, calculate the annual cash flows and the NPV of the project as follows:
Year 0:
Initial investment: -$3,380,000
Year 1:
Cash inflow: $400,000
Tax-allowable depreciation: $600,000 x 30% = $180,000
Tax savings: $180,000 x 30% = $54,000
Net cash flow: $400,000 - $54,000 = $346,000
Discounted cash flow: $346,000 / (1 + 15%[tex])^1[/tex] = $300,870.13
Year 2:
Cash inflow: $400,000
Tax-allowable depreciation: $1,800,000 x 25% x 30% = $135,000
Tax savings: $135,000 x 30% = $40,500
Net cash flow: $400,000 - $40,500 = $359,500
Discounted cash flow: $359,500 / (1 + 15%[tex])^2[/tex] = $281,880.18
Year 3:
Cash inflow: $400,000
Tax-allowable depreciation: $1,350,000 x 25% x 30% = $101,250
Tax savings: $101,250 x 30% = $30,375
Net cash flow: $400,000 - $30,375 = $369,625
Discounted cash flow: $369,625 / (1 + 15%[tex])^3[/tex] = $260,775.85
Year 4:
Cash inflow: $400,000
Tax-allowable depreciation: $1,012,500 x 25% x 30% = $75,938
Tax savings: $75,938 x 30% = $22,781.40
Net cash flow: $400,000 - $22,781.40 = $377,218.60
Discounted cash flow: $377,218.60 / (1 + 15%[tex])^4[/tex] = $257,347.59
Total discounted cash flow: $300,870.13 + $281,880.18 + $260,775.85 + $257,347.59 = $1,100,873.75
To calculate the NPV, subtract the initial investment from the total discounted cash flow:
NPV = $1,100,873.75 - $3,380,000 = -$2,279,126.25
Based on this analysis, the Lightning project has a negative NPV of -$2,279,126.25. Therefore, the project is not economically viable and should not be pursued.
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Has there always been a wide gulf between the richest people and the poorest?
are these wrong or right please no scamming
Answer:
both are correct
Explanation:
1. You have both an ethical and a legal obligation. Ethically, you should consider whether it is fair to keep the CD without paying for it after using it for more than a month. Legally, if the company made a mistake and sent you the CD, they are entitled to get it back or receive payment for it. According to the Federal Trade Commission's Mail or Telephone Order Merchandise Rule, if you receive merchandise that you didn't order, you are not obligated to return it or pay for it, but you are required to notify the seller within a reasonable period of time (usually within 30 days) and make arrangements to return it at the seller's expense. If you fail to notify the seller, you may be considered to have accepted the merchandise and be liable for payment.
2. B) Corrective advertising: The FTC may require the company to run corrective advertising that clarifies that the "natural food energy" in FunTime fruit drink is actually sugar. Corrective advertising is a type of advertising that is designed to correct a false impression that was created by an earlier advertisement. The purpose of corrective advertising is to prevent consumers from being misled by false or deceptive advertising.
Explain in your own words what happens to the money supply when the Federal Reserve increases the amount interest that is paid on the reserves held at Federal reserve. What the implications of that action?
When the Federal Reserve raises the interest rate paid on reserves maintained at the Fed, banks are encouraged to keep more reserves rather than lend them out. As a consequence, the supply of cash falls because banks are less likely to approve new loans, which would otherwise increase the money supply through the cash multiplier effect(the change in income to the permanent change in the flow of expenditure that caused it)
The following are the consequences of this action:
1. Reduced lending: As banks aim to keep reserves and earn higher interest rates, they may get more cautious in providing money.
2. Higher borrowing costs: Borrowing costs may rise as demand for loans exceeds supply, resulting in higher interest rates.
3. Slower economic growth: A drop in the money supply and higher borrowing costs can lead to less company and consumer spending and investment, thus leading to slower economic growth.
4. Inflation management: A drop in the money supply can help control inflation since reduced spending lowers overall demand for goods and services.
5. Monetary policy transmission: Increasing the interest rate on reserves is one way for the Federal Reserve to transfer monetary policy decisions to the broader economy because it influences bank lending behavior.
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Owner's contributions to a business are made in the form of
A. equipment, supplies, and withdrawals
B. cash, equipment, and withdrawals
C. equipment, supplies, and cash
D. supplies, withdrawals, and cash
Answer:
a
Explanation:
Keeping track of your cash, payables, and records can be challenging. Find out the most efficient ways to keep your money and your records in line and updated appropriately.
If your company is a typical business, you deal with a variety of cash transactions. Lumping all these transactions into one record may be tempting, but it's almost always a bad idea.
You'll want to record your cash transactions in a number of different ways, depending on the nature of your business.
Sales and cash receipts journal: To simplify your recordkeeping, we recommend that you combine your sales and cash receipts in a single journal.
Daily cash sheet: If cash transactions are a significant part of your business, you should also prepare a daily cash sheet to reconcile your cash received and paid out for the day. If you use a daily cash sheet, you can reconcile your cash receipts with your daily deposit into your bank account.
Cash disbursements journal: Your daily cash disbursements should be recorded here.
Bank reconciliation: Reconciling your records with your monthly bank statement verifies the amount you have in your checking account. It will also help you find bookkeeping errors. It could also enable you to detect (and remedy) irregularities such as employee theft.
Petty cash fund: If your customers normally pay by check, having a petty cash fund will provide you with cash on hand to pay miscellaneous small expenses. A petty cash fund isn't necessary if you use a cash register and always have currency on hand, as long you keep track of these small purchases.
Maintaining daily cash sheets
A cash sheet is a daily reconciliation of cash received and cash paid out. If a good deal of your business is transacted in cash, such as in a retail store, you should prepare a cash sheet at the end of each day. It's sound practice to deposit all cash receipts in your bank account daily.
A small manufacturing facility is being planned that will feed parts to three heavy manufacturing facilities. The locations of the current plants with their coordinates and volume requirements are given in the following table:
PLANT LOCATION COORDINATES (x, y) VOLUME
(PARTS PER YEAR)
Peoria 293, 302 4,250
Decatur 382, 464 5,850
Joliet 473, 178 3,000
Use the centroid method to determine the best location for this new facility. (Round your answers to 1 decimal place.)
The best location for the new facility, based on the centroid method, is at coordinates (362.4, 371.7).
The centroid method involves calculating the average x-coordinate and average y-coordinate of the existing facilities, weighted by their respective volumes. The location of the new facility will be at the point with these average coordinates.
Using the given information, we can calculate the weighted averages as follows:
Average x-coordinate = ((293 × 4250) + (382 × 5850) + (473 × 3000)) ÷ (4250 + 5850 + 3000)
= 362.4
Average y-coordinate = ((302 × 4250) + (464 × 5850) + (178 × 3000)) ÷ (4250 + 5850 + 3000)
= 371.7
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Buddhist practices are primarily concerned with meditation and mindfulness.
Which is correct?
A. False. Buddhist practices also involve worshiping the Buddha.
B. True. Changing one's outlook on life is primarily attained by practicing meditations and mindfulness.
C. False. Buddhist practices are broad ranging.
False. While meditation and mindfulness are important practices in Buddhism, the religion also includes other practices such as devotional acts, ethical conduct, and study of Buddhist teachings. So, Buddhist practices are broad ranging.
Option C is correct
Buddhism is a major world religion that originated in ancient India, around the 5th century BCE. It was founded by Siddhartha Gautama, who later became known as the Buddha, which means "the awakened one". The central teachings of Buddhism focus on the Four Noble Truths and the Noble Eightfold Path.
The Four Noble Truths state that suffering exists, suffering arises from craving, suffering can be overcome, and there is a path to the cessation of suffering. The Noble Eightfold Path is a set of guidelines for ethical conduct, mental discipline, and wisdom.
Buddhism has spread throughout the world, and today it is practiced by millions of people across various cultures and countries.
Option C is correct
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When coverage is provided under the Additional Coverages of Section II of a Homeowners policy, payments are
Under section 2 of additional coverages of Homeowners policy, the payments provided are
Claim expensesFirst aid expensesDamage coverageLoss assessment chargesLiability for damage to third personDamage to property of others ( $1000)Section II (liability coverage) of a homeowners insurance policy provides protection under three coverages.
Coverage E (Personal Liability) coverage in the event that a claim is launched against the insured for physical injury or property damage caused by the insured's acts or inactions.
It deals with numerous fees and coverages that people must pay.
Therefore, w hen coverage is provided under the Additional Coverages of Section II of a Homeowners policy, payments that are made is explained.
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ACCOUNTING
Make-or-Buy Decision
Pizana Computer Company has been purchasing carrying cases for its portable computers at a purchase price of $60 per unit. The company, which is currently operating below full capacity, charges factory overhead to production at the rate of 45% of direct labor cost. The unit costs to produce comparable carrying cases are expected to be as follows:
Line Item Description Amount
Direct materials $29.00
Direct labor 22.00
Factory overhead (45% of direct labor) 9.90
Total cost per unit $60.90
If Pizana Computer Company manufactures the carrying cases, fixed factory overhead costs will not increase and variable factory overhead costs associated with the cases are expected to be 16% of the direct labor costs.
It is advisable that Pizana Computer Company should purchase its carrying cases for its portable computers at a purchase price of $60 per unit rather than making them. The decision is buy.
Making the decision to manufacture a product internally versus buying it from a third-party provider is known as a make-or-buy decision. Make-or-buy decisions, like outsourcing choices, involve weighing the benefits and costs of producing something internally vs purchasing it from a third party.
The cost for manufacturing the cases are:
Direct materials $29.00
Direct labor 22.00
Factory overhead (45% of direct labor) 9.90
Variable overhead (16% of direct labor) 3.52
Total cost $64.52
Therefore, it is seen that the cost of manufacturing is $64.52 which is much higher than buying coast of $60. The buy decision is appropriate.
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How easily an investment can be exchanged for cash is known as what
Apple Inc. stock analysis using technical method
What are some reasonable steps to take? Choose
three correct answers.
Contact the seller again, including images of pages
that are in less than "fine" condition.
Immediately file a police report to gain an
advantage over the seller.
Consult the online auction's dispute-resolution link.
Write a negative review rather than trying to deal
with the seller directly.
If the site has a money-back guarantee, consider
simply returning the item.
Law of Demand drives the economy and helps business decisions that meet consumer needs. Demand is the consumers' desire and willingness to pay for a product or service at a given price and time. Enumerate any five factors each from individual and market demand.
Income , Preference, taste, Price, marketing, credit are factors each from individual and market demand.
Enumerate any five factors each from individual and market demand.Individual Demand:An individual's monetary capacity can have an expansive effect on their need for products and services. Generally, as income rises, one is able to pay for more, resulting in increased demand.
Additionally, personal preferences and tastes for goods and services contribute to demand levels, with some being more eager to procure luxurious items or merchandise that coincide with morals or interests.
Similarly, the cost of related commodities will also determine demand, like if coffee prices surge, people may resort to tea as a substitute.
Marketing schemes employed by businesses can also drive individual demand, as they encourage awareness and hankering for products or services.
Lastly, credit accessibility can affect individual demand; individuals may be apt to buy costly objects, like cars or homes, given they are able to acquire financing.
Market Demand:
Demographic elements including age, gender, salary, and others of a given market's population hold sway over overall demand.
The size of the market and the total potential customers likewise command influence over demand.
Trends that have emerged through consumer preferences play a part – certain commodities may end up being desired more than before.
Economic factors, such as inflation and unemployment rates, have a role as well. Furthermore, availability of substitution goods will cause vendors to redirect buyers if their preferred product becomes too expensive.
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To respond to the challenges of shortages of personal protection equipment (PPE) during the covid 19 pandemic, Ford motor company of Southern Africa (FMCSA) set up a completely new entity and commenced production of 57000 protective a face shields the strategy adopted by FMCSA to produce PPE during the pandemic is known as
To respond to the challenges of shortages of personal protection equipment (PPE) during the COVID-19 pandemic, Ford Motor Company of Southern Africa (FMCSA) set up a completely new entity and commenced production of 57000 protective a face shields the strategy adopted by FMCSA to produce PPE during the pandemic is known as to ease critical shortages.
The COVID-19 epidemic has significantly raised the need for PPE, which has resulted in PPE shortages, which is providing a major challenge to the American healthcare system.
FMCSA purchasing and distributing PPE, such as ventilators and other essential tools, the United States government has been active. In order to plan and maximize the usage of PPE in response to COVID-19, healthcare facilities might employ a burn rate calculator.
As a result, the significance of the challenges of shortages of personal protection equipment are the aforementioned.
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How should you award bonuses when someone falls short of a stretch goal?
Select an answer:
a) Give them zero they didn't hit the goal
b) Give them 50% of the possible bonus for trying
c) Give them the full possible bonus since they at least met the commit goal
d) Give them a pro rata amount for how much above the commit goal they went
Give them 50% of the possible bonus for trying: award bonuses when someone falls short of a stretch goal. Thus, option C is the correct option.
A stretch objective is one that requires a lot of work and risk. It is purposefully placed above average norms to draw astronomical rewards, chances, and experience. Stretch objectives are not anticipated to be entirely met.
They are intended to stimulate development and combat team complacency. Reaching a stretch goal is seen as great performance. It shouldn't be viewed as low performance when it is missed. Stretch objectives are consciously made to be out of reach.
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On a timeline, a goal that will be achieved in ____ years will be to the left of one that will be achieved in ____ years.
A. 9; 6
B. 6; 3
C. 9; 3
D. 6; 9
On a timeline, a goal that will be achieved in __6__ years will be to the left of one that will be achieved in __9__ years.
Whewn will the goal be acheived?By considering a timeline, the goals and events that will be completed in a larger duration are arranged further to the right, whereas those with a lesser duration of time will be placed on the nearer left side.
Hence, an objective that needs six years for accomplishment must be set off before one that needs nine years for fulfilliment. Accordingly, answer D is the sole option wherein the first number (6) lies earlier than the second number (9).
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4.2.9 Quiz: Selecting a Candidate and Making an Offer
Question 9 of 10
Which of the following is a way for an HR department to ensure it is following
up with job candidates in an EEO-compliant manner?
OA. They ensure that they have asked job candidates about their
willingness to work weekends.
OB. They ensure that have look at their budget before making a firm
offer on the wage or salary.
OC. They ensure that they ask job candidates about why they left their
last job or position.
OD. They ensure job candidates have been recruited from a wide
variety of minority channels.
One way that an HR department can ensure it is following up candidates right is D. They ensure job candidates have been recruited from a wide variety of minority channels.
What is EEO Compliance ?It is crucial for organizations to maintain a diverse candidate pool as it upholds EEO compliance, thereby preventing discrimination and enabling equal opportunities, adopting various minority channels in the recruitment process guarantees unbiased consideration of applicants from distinct backgrounds, which counters traditional recruitment methods that may be partial to certain groups.
Through this approach, HR departments can ensure impartiality and inclusivity in their hiring processes while serving the organization's overall best interests.
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QUESTION 2 of 10: What are two advantages of highly marketable items?
a) They wear out quickly and need to be replaced often
b) They always have a high profit margin and are easy to get in stock
c) They are easy to sell and attract lots of customers to the store
The advantages of highly marketable items is they are easy to sell and attract lots of customers to the store. The Option C.
What are the benefits of highly marketable items?These are items in high demand and are easy to sell and are advantageous for businesses because they tend to attract lots of customers to the store which can increase foot traffic and ultimately lead to higher sales.
They also have a high profit margin which means that businesses make a significant profit on each sale which is highly beneficial for small businesses that rely on a steady stream of revenue to stay afloat.
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Assume, historically, the distribution of the team’s net worth and salary for each team’s season games follow a normal distribution with means $1.85 billion and $90 million respectively and with variances of 0.62 and 1800 respectively. ESPN hires you to investigate whether the average team’s net worth in 2018 season was higher at 0.05 significance level.
a. State the null and the alternate hypotheses?
b. What is your final decision and justify your answer?
c. What is the p-value?
d. Using a 0.01 significance level, conduct a hypothesis test to determine whether the
mean salary was more than 90 million?
The null hypothesis states that the average team's net worth in the 2018 season is equal to $1.85 billion, while the alternative hypothesis states that the average team's net worth in the 2018 season is greater than $1.85 billion.
How to explain the informationIt should be noted that because the p-value is less than 0.05, we reject the null hypothesis and conclude that the average team's net worth in the 2018 season was significantly greater than $1.85 billion.
The p-value is approximately 0.001.
Then, we can calculate the t-statistic as:
t = (95 - 90) / (✓1800) / ✓(32))
= 2.82
Since the p-value is less than 0.01, we reject the null hypothesis and conclude that the mean salary in the 2018 season was significantly higher than $90 million.
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Why was the sport of volleyball invented?
Answer:
History has it that William G. Morgan, who invented the game of volleyball in 1895, came up with the idea so that people who found basketball's 'bumping' or 'jolting' too strenuous could have an alternative physical activity to fall back on.
Suppose a monopolist’s profit-maximizing output is 400 units per week and that the firm sells its output at a price of $100 per unit. The firm has total costs of $8,000 per week. Assume the monopolist is maximizing its profit and earns $50 per unit from the sale of the last unit produced each week
Answer:
To find the monopolist's profit, we need to first calculate the total revenue, total cost, and total profit:
Total revenue = price x quantity = $100 x 400 = $40,000
Total cost = fixed cost + variable cost = $8,000 + (400 - 1) x $50 = $22,950
Note that the variable cost per unit is not given, but we can assume that it is constant and equal to $50 per unit, and that the last unit sold also has a variable cost of $50.
Total profit = total revenue - total cost = $40,000 - $22,950 = $17,050
Therefore, the monopolist's profit is $17,050 per week.
Explanation: