HELP NEED TO BE DONE FAST

HELP NEED TO BE DONE FAST
HELP NEED TO BE DONE FAST

Answers

Answer 1

Answer:

1. Company:Apple

The brand promise of Apple is to provide cutting-edge, usable technological products that improve people's lives. Apple does this through emphasising design, quality, and usability as well as the development of an ecosystem of connected devices and services.Apple also reinforces its brand promise and forges an emotional bond with its customers through its advertising campaigns and physical locations.

2.Company type:  Natural medicines and organic supplements are sold by a health and wellness firm.

a. A variety of natural cures and supplements, including vitamins, herbs, and goods for alternative medicine would be sold by the firm.

b. Target client categories might be categorised according to their lifestyle choices and health requirements. For instance, one group would be those seeking immune system support vitamins, while another might be those seeking natural treatments for stress and anxiety.

c. The company may choose to differentiate between these two groups of clients by making tailored advice and offers based on their individual health requirements and concerns. For instance, the business may give the first group a discount on immune-boosting vitamins and the second group a discount on items that reduce stress. This strategy would demonstrate the company's commitment to offering individualised solutions and concern for its clients' specific health issues.

d. If the company discriminates against consumers based on their health issues, gender, age, or other variables, the sort of channel management mentioned above might possibly result in unjust treatment of some groups.

3. a. When determining how much inventory to keep on hand of a specific item, factors to take into account include past sales data, consumer demand trends, seasonality, and supplier availability.

b. If I owned a supermarket or clothes business, I would choose the Just-in-Time (JIT) purchasing strategy. When you just-in-time (JIT) buy inventory, you just buy what you need and pay less for extra inventory and storage space.

c. The ABC inventory system, which classifies items based on their worth and consumption rate, is one inventory control strategy that I would want to utilise.

d. Organic tea and honey are an example of two goods that might be mixed in a retail display. Several types of tea and honey, as well as informational materials on the health advantages of ingesting them together, might be on show.

4. The height and placement of the desk and chair, the location of the computer monitor and keyboard, the lighting and glare in the workspace, the distance between the employee and their equipment, the amount of physical effort needed to perform tasks


Related Questions

which did not explain the theories of idealism A, human beings believed peace & harmony B, depicts optimism C, depicts pessimism D, war is not the means to solve conflicts

Answers

"War is not the means to solve conflicts" does not explain the theories of idealism.

Therefore, Option C is the correct option.

What is Theory of Idealism?

Theories of idealism are philosophical ideas that emphasize the importance of ideas, values, and consciousness in shaping human experience and understanding of the world. While they may be related to beliefs about peace and harmony, they do not necessarily explain them.

Optimism and pessimism are attitudes or perspectives that reflect positive or negative expectations about the future, respectively. While idealism may be related to optimism, it does not necessarily depict it, nor does it necessarily depict pessimism.

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The data related to Shunda Enterprises Inc.'s factory overhead cost for the production of 50,000 units of product are as follows:
IVE INCLUDED PHOTOS OF THE FULL PROBLEM

Answers

The total overhead rate is $6

The variable overhead rate is $3.5

The fixed overhead rate is 2.5 per hour

How to solve

1. Variable factory overhead controllable variance = standard variable overhead - actual variable overhead

(standard hours x standard rate of variable overhead) - actual overhead

= (76,000 x 3.5) - 263,300

= 2,700 favorable

2. Fixed factory overhead volume variance = absorption rate of fixed overhead  x (standard hours - actual hours)

2.5 (76,000 - 75,000)

2500 favorable

3. Total factory overhead cost variance = actual overhead - standard overhead

= (263,300 + 188,800) - (456,000)

= 3900 favorable

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Cost of Quality Report

A quality control activity analysis indicated the following four activity costs of a hotel:

Inspecting cleanliness of rooms $41,600
Processing lost customer reservations 20,800
Rework incorrectly prepared room service meal 62,400
Employee training 83,200
Total $208,000
Sales are $1,300,000. Prepare a cost of quality report. Round percent of sales to one decimal place.

Answers

A Cost of Quality Report is a tool that identifies and analyzes the costs associated with producing goods or services with a focus on improving quality and reducing waste.

According to the given data:

Prevention Costs (Employee Training) = $83,200

Appraisal Costs (Inspecting Cleanliness of Rooms) = $41,600

Internal Failure Costs (Rework of Room Service Meal) = $62,400

External Failure Costs (Processing Lost Reservations) = $20,800

Total Quality Costs = $208,000

Quality Cost as a percentage of Sales = Total Quality Costs / Sales * 100 = 16% (rounded to one decimal place)

What is the work of cost of Quality Report?

The Cost of Quality Report helps organizations to identify the costs associated with producing products or services of acceptable quality, as well as those associated with poor quality, and to make informed decisions about quality improvement efforts. It can also be used to evaluate the effectiveness of quality control measures and to determine whether they are yielding the desired results.

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Using a perpetual inventory system, payment during the discount period for inventory purchased previously on account will have what effect on the financial statements?

Multiple Choice

Decrease assets
Decrease expenses
Decrease revenues
Decrease stockholders’ equity

Answers

The perpetual inventory system is applied by Abbott. How do the financial statements get affected by this transaction? Both inventory and accounts payable should be increased.

How do financial statements change as a result of a perpetual inventory system?

Each time the business makes a sale or buys new goods, adjustments are recorded by software together into sales revenue account. The accounting records will accurately represent the balances in the impacted accounts thanks to this method of registering sales. The cost charged is also recorded by the software.

What account does the periodic inventory system record purchases in?

If the weekly inventory system is being used, in which account are purchases being made recorded? Purchases are noted in the Market Inventory account in a system of perpetual inventory. Purchases are noted there in Purchases account in a regular inventory process.

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. This question relates to a small, open economy with fixed prices and a fixed exchange rate. The rate of interest in the rest of the world (1*) is 5% (Important: for your calculations use i*=5 not 0.05!), the exchange rate (E) is to be fixed at E=2 and the price level is p=1.. The IS- carve of this small, open economy is described by the function Y=100-i+2.5E, the LM curve is described by Y=2M/P+2i. a) Calculate the end dogenous nominal money supply.

Answers

In the given problem, the endogenous nominal money supply for this small, open economy is 48.75 - (i/2).

How to Calculate the Endogenous Nominal Money Supply?

To calculate the endogenous nominal money supply, we need to use the LM curve equation and the given values for output (Y), price level (P), and interest rate (i).

From the LM curve equation:

Y = (2M/P) + 2i

We can rearrange it to solve for the nominal money supply (M):

M = (Y - 2i) * (P/2)

Substituting the given values for the price level (P=1) and the interest rate in the rest of the world (i*=5), we get:

M = (Y - 2i) * (P/2)

= (100 - i + 2.5E - 2i*) * (1/2)

= (100 - i + 2.5E - 2(5)) * (1/2)

= (100 - i + 2.5(2) - 10) * (1/2)

= (97.5 - i) * (1/2)

= 48.75 - (i/2)

Therefore, the endogenous nominal money supply for this small, open economy is 48.75 - (i/2). Note that the interest rate (i) used in the calculation is not the same as the interest rate in the rest of the world (i*=5).

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2.3. Motivate how E-businesses benefit the entrepreneur?​

Answers

Answer:

E-businesses, or businesses that conduct their operations online, can provide a wide range of benefits for entrepreneurs. Here are some of the ways e-businesses can benefit entrepreneurs:

Increased reach: By operating online, e-businesses can reach customers and clients from all over the world. This can significantly expand the potential customer base for entrepreneurs, giving them access to markets that may have been previously out of reach.

Lower overhead costs: E-businesses often have lower overhead costs compared to traditional brick-and-mortar businesses. Rent, utilities, and other expenses associated with physical storefronts can be significantly reduced or eliminated altogether with an e-business.

Greater flexibility: E-businesses can often be operated from anywhere with an internet connection, providing entrepreneurs with greater flexibility and freedom to work on their own terms.

Improved customer targeting: E-businesses can use data analytics and other tools to better understand and target their ideal customers. This can lead to more effective marketing campaigns and higher conversion rates.

Streamlined operations: E-businesses can automate many of their operations, such as inventory management and payment processing, reducing the need for manual labor and improving efficiency.

Overall, e-businesses can provide entrepreneurs with a range of benefits that can help them grow and succeed in today's digital age. By leveraging the power of the internet, entrepreneurs can expand their reach, reduce costs, and improve their operations, ultimately leading to greater success and profitability.

Explanation:

E-businesses, or companies that operate online, can offer a variety of advantages to business owners.

What are some of the ways e-businesses can benefit entrepreneurs?

Reduced overhead expenses: When compared to conventional brick-and-mortar enterprises, e-businesses frequently have fewer overhead expenses. With an e-business, rent, utilities, and other costs related to physical storefronts can be drastically lowered or even eliminated.

More flexibility: E-businesses may frequently be run from any location with an internet connection, giving entrepreneurs more freedom and flexibility to work as they see fit.

Data analytics and other tools can be used by e-businesses to better understand and target their ideal clients. Higher conversion rates and more successful marketing strategies may result from this.

Streamlined operations: E-businesses may automate many of their processes, including payment processing and inventory management, which saves time and increases productivity.

Thus, E-businesses, or companies that operate online.

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What are the 3 primary Health Insurance
coverage areas?p

Answers

Answer:

life, health, long-term disability

Explanation:

The three main types of health insurance that the majority of financial professionals advise are life, health, auto , accident, and long-term disability.

Priya is in charge of a building site, overseeing all the workers who are building a new elementary school. She receives deliveries of lumber and other supplies, and she makes sure that the work matches or exceeds the standards in state and local building codes. What is Priya’s job title MOST likely to be?

A.
General contractor

B.
Surveyor

C.
Architect

D.
Engineer

Answers

The correct answer is Priya's job title is MOST likely to be option A, a general contractor.A general contractor is responsible for overseeing and managing construction projects from start to finish.

They work with architects, engineers, and other professionals to ensure that projects are completed on time, within budget, and meet all necessary building codes and regulations.In Priya's case, she is overseeing the construction of a new elementary school and ensuring that the work meets the standards set by state and local building codes. This role requires a broad knowledge of construction and building practices, as well as strong project management and leadership skills.Option B, surveyor, is unlikely as their role is to measure and map out land boundaries and topography, and provide data to architects and engineers.

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who is GZStunterOnYT

Answers

Answer:

I think it's RG ASPHALT 8

ECONOMICS PLEASE HELP

Answers

Economics is a social science that examines how products and services are produced, distributed, and consumed as well as the decisions that people, corporations, governments, and nations make when allocating resources.

What serves as economics' support?

Those who study economics are better able to comprehend their surroundings. It makes it possible for individuals to comprehend other people, organisations, markets, and governments, enabling them to better react to the challenges and possibilities that arise when circumstances change. Economics is the study of scarcity and how it affects how resources are used, how commodities and services are produced, how production and welfare increase over time, and a wide range of other complicated concerns that are extremely important to society.

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how does a digital business manager increase the usage of intranet and extranet

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Businesses are increasingly relying on intranets to deliver tools such as collaboration, scheduling, customer relationship management tools, and project management.

How can the internet intranet and extranet be used in the workplace?

An intranet is a private, internal business network that allows your employees to share information, collaborate, and improve communication. An extranet allows your company to communicate and collaborate with selected business partners, suppliers, and customers more effectively.

How do businesses use extranets to manage information?

einsteinerupload of. The software enables businesses to create a secure online environment for centrally sharing and storing information, saving time and allowing external users to access up-to-date and accurate information whenever they need it.

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Which of the following is the most accurate statement about a mentally impaired person's capacity to contract?
Multiple Choice
None of the parties to a contract can enforce the contract if, before they entered the contract, one of the parties was judged by a court (.e.,
adjudicated) to be mentally incompetent.
A person who suffers from a mental impairment can never have capacity to contract.
A person can disaffirm a contract if the other party to the contract suffers from a mental impairment.
A person with a mental impairment lacks the capacity to contract, even if the impairment does not affect their ability to understand and
evaluate the contract.
If a person has a mental impairment that deprives him of capacity at the time he enters into a contract, the person can never have capacity
to ratify the contract at a later time.

Answers

Correct answer is If a person has a mental impairment that deprives him of capacity at the time he enters into a contract, the person can never have capacity to ratify the contract at a later time.

Who are the mentally impaired?

Being mentally handicapped refers to having any mental or psychological condition, including specific learning impairments, organic brain syndrome, developmental disabilities, and mental illnesses.

When a person's mind is damaged or not working properly, it is said that they have a mental impairment. A mental impairment, according to the policy, is a decline in mental capacity that requires close supervision in order to protect your safety and the protection of others.

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Executive Summary Transaction Overview Davis Industries Corporation ("Davis Industries" Or The "Company"
Fill out the grey columns

Answers

The amounts shown in gray columns are as follows: 64.1, 21.2, and 126.0 make up the total of 211.3.

Why is it referred to as an executive summary?

The report's most important points should be summarized in an executive summary. It ought to repeat the reason for the report, feature the significant marks of the report, and portray any outcomes, ends, or proposals from the report.

They are referred to as executive summaries because their intended audience is the busy executive who may be required to make decisions regarding funding, personnel, or policy based on project findings or recommendations. By using market research, project examples, independent data, testimonials, etc., but not generalizing or expressing opinions, The reader may be misled. Keep your audience from coming to an unintended conclusion or recommendation. Concentrate on the facts.

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Creekside Corporation data is as follows: Selling price is $75 per unit; Variable expenses are $45 per unit (60% of sales), and contribution margin is $30 per unit (40% of sales). Fixed expenses are $75,000 per month and the company is selling 3,000 units per month.

a. The marketing manager believes that an $8,000 increase in the monthly advertising budget would increase monthly sales by $15,000. Should the advertising budget be increased?

Answers

According to the question of expenses, Yes, the advertising budget should be increased.

What is expenses?

Expenses refer to the costs incurred by an individual or company in order to generate revenue and profit. Expenses can include a wide range of items, from the cost of raw materials used in production to rent, insurance, marketing, and other overhead costs. Expenses are typically divided into two categories: fixed expenses, which remain the same regardless of activity level, and variable expenses, which vary depending on the level of activity. Companies must carefully track and manage their expenses in order to maximize their profits.

This is because the increase in sales of $15,000 would result in an increase in contribution margin of $6,000 ($15,000 x 40%) which would exceed the additional advertising cost of $8,000. Therefore, the increase in advertising cost would result in a net increase of $2,000 in profits.

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Moorcroft Company’s budgeted sales and direct materials purchases are as follows:
Budgeted Sales Budgeted D.M. Purchases
April $301,000 $42,000
May 288,000 50,000
June 399,000 62,000
Moorcroft’s sales are 40% cash and 60% credit. Credit sales are collected 20% in the month of sale, 50% in the month following sale, and 26% in the second month following sale; 4% are uncollectible. Moorcroft’s purchases are 50% cash and 50% on account. Purchases on account are paid 40% in the month following the purchase and 60% in the second month following the purchase.
Instructions:
(a) Prepare a schedule of expected collections from customers for June.

Answers

Therefore, the schedule of expected collections from customers for June is:

April credit sales = $173,376May credit sales = $165,888June credit sales = $229,824Total expected collections = $569,088What does credit sales imply?

Credit sales refer to the sale of goods or services where payment is deferred until a later date, typically with a payment term specified in the sales agreement. In other words, the buyer is allowed to purchase goods or services on credit and pay for them at a later date, rather than paying cash at the time of purchase. This is a common practice in many industries and can help businesses increase sales by allowing customers to purchase goods or services even if they do not have immediate access to funds.

To prepare a schedule of expected collections from customers for June, we need to determine the number of credit sales made in April, May, and June and then calculate the expected collections from each month's credit sales.

First, let's calculate the credit sales for each month:

April credit sales = $301,000 x 60% = $180,600May credit sales = $288,000 x 60% = $172,800June credit sales = $399,000 x 60% = $239,400

Next, we need to determine the expected collections from each month's credit sales:

April credit sales:

20% collected in April = $180,600 x 20% = $36,12050% collected in May = $180,600 x 50% = $90,30026% collected in June = $180,600 x 26% = $46,9564% uncollectible = $180,600 x 4% = $7,224Total expected collections from April credit sales = $36,120 + $90,300 + $46,956 = $173,376

May credit sales:

20% collected in May = $172,800 x 20% = $34,56050% collected in June = $172,800 x 50% = $86,40026% collected in July = $172,800 x 26% = $44,9284% uncollectible = $172,800 x 4% = $6,912Total expected collections from May credit sales = $34,560 + $86,400 + $44,928 = $165,888

June credit sales:

20% collected in June = $239,400 x 20% = $47,88050% collected in July = $239,400 x 50% = $119,70026% collected in August = $239,400 x 26% = $62,2444% uncollectible = $239,400 x 4% = $9,576Total expected collections from June credit sales = $47,880 + $119,700 + $62,244 = $229,824

Therefore, the schedule of expected collections from customers for June is:

April credit sales = $173,376May credit sales = $165,888June credit sales = $229,824Total expected collections = $569,088

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Ethiopia's incomes and expenditures are as follows (in billion bire) in 2009
Wages

at what approach 100

Social security contributions
7
Interest income
5
Personal taxes
20
Consumption expenditure by households
60
Government purchases of goods and services
150
50
Transfer payments
100
Corporate profit
30
Investment expenditures by business
20
Corporate Income taxes
50
Indirect business taxes
Undistributed corporate profit
90
Consumption of fixed capital( depreciation)
40
Non income charges
65
Expenditures by foreigners
25
Net foreign factor income earned domestically
25


a. Using expenditure approach, what is GDP?

Answers

The GDP of Ethiopia using the expenditure approach in 2009 was 205 billion bire.

What is Ethiopia's GDP?

By adding up all of the expenditures on finished goods and services produced domestically, we may compute the GDP using the expenditure method. The following formula is used to determine GDP when utilizing the spending method:

GDP = C + I + G + (X - M)

where:

C = Consumption expenditure by households

I = Investment expenditures by business

G = Government purchases of goods and services

X = Expenditures by foreigners on domestically produced goods and services

M = Expenditures by domestic residents on foreign-produced goods and services

Using the given values for Ethiopia's incomes and expenditures in 2009, we can further input the values to calculate the GDP as;

GDP = C + I + G + (X - M)

= 60 + 20 + 150 + (25 - 25)

= 205 billion bire

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Camille has started a photography business and is try8ng to decide between working toward mass ex0sure or a more exclusive appeal . she is thinnking about which of the 4p

Answers

Camille has launched a photography business and is debating whether to aim for widespread exposure or a more specialized audience. She is thinking about promotion.

Why do you call it "promotion"?

The phrase "promotions" refers to the entire spectrum of activities carried out to educate people about a specific product, brand, or service. The goal is to pull in customers, raise consumer awareness, and convince them to pick this product over rivals. There are numerous variations of promotions.

What makes an exposure successful from a photographic standpoint?

The right exposure has been employed if neither the highlights nor the shadows lose their detail. In other words, the exposure is what makes the most of the camera's sensor's ability to record as much information as it can from the scene, capturing detail in both the shadows and the highlights.

Whom does photography intend to appeal to?

The majority of the markets consist of celebrations like weddings, anniversaries, graduations, parties, and professional events like conferences or award ceremonies. You may approach the subjects directly for this kind of work, or you could approach event planners like wedding planners, conference coordinators, or hotel managers.

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With EA releasing a FIFA game every year, the company's
may look quite different from other games or industries.

Answers

This is true with the With EA releasing a FIFA game every year

What would happen as the EA releases games yearly?

Yes, EA's approach to releasing a new FIFA game every year is quite unique and different from other games or industries. Most other games are typically released on a less frequent basis, often taking several years to develop and release a new title.

EA's strategy of releasing a new FIFA game every year is driven by a few key factors. Firstly, the game is based on real-world football, which is a constantly evolving sport. New players are added to teams, tactics change, and leagues are restructured. By releasing a new game every year, EA is able to keep up with these changes and provide players with the most up-to-date experience possible.

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Question

True / false. With EA releasing a FIFA game every year, the company's

may look quite different from other games or industries.

The Resource Based View (RBV) of the firm is a strategic management theory that explains the differences in firm’s prosperity and exposes the resource requirements that underlie competitive advantage. With the help of a diagram, discuss the main Postulates of RBV of the firm and the challenges they raise for organizations.

Answers

The Resource-Based View (RBV) is a collection of theories that contends businesses can create a competitive edge by utilizing internal resources that are valuable, uncommon, uncopyable, and structured for value capture.

What does "resource-based perspective" in strategic management (RBV) mean?

According to the resource-based view (RBV), a company's capacity to preserve a competitive edge rests on its access to valuable, unusual, distinctive, and irreplaceable resources (Barney, 1991). The effectiveness and competitiveness of businesses in the marketplace are influenced by their capacity to develop or acquire these resources.

What role, in terms of the resource-based view (RBV), do resources and capabilities have in a company's ability to obtain a competitive advantage?

In accordance with the resource-based theory of competitive advantage, innovations gain a long-term competitive advantage by accumulating and utilizing resources to satisfy customer requirements in ways that are difficult to duplicate or replace. It asserts that variables other than the innovation itself determine whether an invention is successful.

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Jill is a warehouse clerk at a big-box appliance store. Which step should Jill take first if she wants to transition into a management position?

Answers

Answer:

Jill should first research and understand the job requirements and responsibilities of a management position in the company. This will allow her to identify any gaps in her skills or knowledge that need to be addressed in order to be considered for a management role. She can also speak with current managers in the company to gain insights into their experiences and how they prepared for their positions

Answer:

Jill should look for opportunities to be promoted.

Explanation:

Gaining a promotion gives you the opportunity to take on a more significant job within your organization, earn a larger income, and feel more accomplished. You must perform well at work in order to get your supervisors' attention and improve your career inside your firm. While performance, experience, and abilities are frequently needed for a job promotion in many industries, you can go above and beyond to improve your chances of getting the job you want.

1. Which of the following is an example of
entrepreneurship?

A Jim is a salesperson for a large
electronics company.
B Jane is a door-to-door salesperson for a vacuum company.
C Janet runs a home restaurant business.

Answers

Answer: A. Jim is a salesperson for a large electronics company

Having money set aside for retirement is a common long-term financial goal. If your goal is to retire with at least $1 million, how long would it take—and how much would you need to invest each month—if your anticipated rate of return is 10%? At what age could you retire if you started investing at age 25?
ramsey classroom

Answers

Using present value formula, it will take a time of 40 years to have a future value of $1million

What age could one retire if he started saving at age of 25 years to have 1 million saved?

To determine how long it would take to retire with at least $1 million and how much to invest each month, we need to use the present value formula, which can be rearranged as follows:

PV = PMT x [(1 - (1 + r/n)^(-nt)) / (r/n)]

where PV is the desired future value, PMT is the regular payment, r is the annual interest rate, n is the number of times interest is compounded per year, and t is the number of years.

If we plug in the given values, we get:

$1,000,000 = PMT x [(1 - (1 + 0.10/12)^(-12t)) / (0.10/12)]

Solving for PMT, we get:

PMT = $1,000,000 / [(1 - (1 + 0.10/12)^(-12t)) / (0.10/12)]

Using a financial calculator or spreadsheet, we can find that it would take approximately 38 years to reach $1 million if we invest $742.47 per month, assuming a 10% annual rate of return.

To determine at what age we could retire if we started investing at age 25, we can use the same formula and set PV equal to $1 million, PMT equal to $742.47, r equal to 10%, n equal to 12, and t equal to the number of years until retirement.

Assuming a retirement age of 65, we get:

$1,000,000 = $742.47 x [(1 - (1 + 0.10/12)^(-12t(65-25))) / (0.10/12)]

Solving for t, we get:

t = 40 years

Therefore, if we start investing at age 25, we could retire at age 65 and have at least $1 million if we invest $742.47 per month for 40 years with a 10% annual rate of return.

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Identify the major advantages of automated materials handling systems versus manual or nonautomated systems.

Answers

Automated materials handling systems offer several advantages over the manual or non-automated systems, including Increased efficiency, Improved safety, higher throughput and better inventory control.

What is efficiency?

Efficiency refers to the ability to achieve maximum output with minimum input, thereby minimizing waste and maximizing productivity. It is a measure of how well resources are utilized to achieve a specific goal. In the context of business, efficiency can be applied to various areas, such as production, logistics, and customer service. Improving efficiency can lead to increased profits, reduced costs, and improved customer satisfaction. Various techniques can be used to improve efficiency, such as automation, streamlining processes, and improving communication and collaboration between team members. Ultimately, achieving high efficiency requires a focus on continuous improvement and a willingness to adapt to changing circumstances and new technologies.

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matthew and victoria are shopping for a new pair of running shoes. victoria is willing to pay $180 and matthew is willing to pay $120 for a new pair of shoes. what is the total gain in surplus when the price of shoes decreases from $175 to $120?

Answers

When the price of shoes declines, consumer surplus increases by $55.

What is the change in consumer surplus?

Consumer surplus is the difference between the price of a good or service and the amount the consumer is willing to pay for the good.

Consumer surplus = willingness to pay - price of the good

Consumer surplus for Matthew when the price is $175 = $180 - $175 = $5

Consumer surplus for Victoria when the price is $175 = 0

Total surplus = $5 + 0 = $5

Consumer surplus for Matthew when the price is $120 = $180 - $120 = $60

Consumer surplus for Victoria when the price is $120 = $120 - $120 = 0

Total surplus = $60 + 0 = $60

Increase in total surplus = $60 - $5 = $55

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which statement is prepared for only one date?

Answers

Answer:

The Balance Sheet is prepared at a particular date usually the end of the financial year, while the Profit and Loss account is prepared for a particular period.

using an IS-LM -BP model, describe the effects of currency devaluation and revaluation in an economy.

Answers

Currency devaluation is a deliberate downward adjustment of a currency's value relative to other currencies.

What is Currency devaluation?

Currency devaluation is the intentional downward adjustment of a currency's value relative to other currencies.

When a currency is devalued, its purchasing power is weakened in comparison to other currencies. This makes exports from the devaluing country less expensive, while imports become more expensive. Devaluation is often seen as a tool to help stimulate a struggling economy.

Conversely, currency revaluation is an upward adjustment of the value of a currency relative to other currencies. Revaluation strengthens the purchasing power of a currency relative to other currencies, making exports more expensive and imports less expensive. Revaluation is often used to address inflationary pressures in an economy.

In an IS-LM-BP model, currency devaluation and revaluation can have a variety of effects. In the IS curve, currency devaluation will shift the curve to the right, as it increases net exports and therefore increases aggregate demand. This increases output and reduces unemployment, stimulating the economy. Conversely, currency revaluation will shift the IS curve to the left, decreasing aggregate demand and output.

In the LM curve, currency devaluation will shift the curve to the left, as it reduces the amount of money needed to purchase a given amount of output. This increases the money supply

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i need help with the base idea with this or whatever, help

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One way to use your earning power to increase your total income is to take on additional jobs or side hustles.

What is jobs ?

A job is a form of work or occupation, typically involving regular responsibilities and remuneration. Jobs are typically found in the public and private sector, with some positions requiring specialized skills or qualifications. Jobs can range from entry-level roles to professional positions, depending on the sector and the individual's experience and qualifications. Many people start their careers in entry-level positions and gradually progress to more senior roles over time. Working in a job can provide individuals with a sense of purpose, satisfaction, and financial security.

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What sport is part of both the ancient and modern Olympic games?
chariot racing
O
gymnastics
swimming
fencing

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Answer: Fencing

Explanation:

The sport that is part of both the ancient and modern Olympic games is "fencing." Fencing has been part of the Olympic games since the first modern Olympics in 1896, and it was also included in the ancient Olympics as one of the five original sports.

1. Prepare journal entries to record the preceding transactions.
2. Post the entries prepared in step 1 to their respective T-accounts.
3. Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold.
4. Prepare and income statement for the year.

Information and Data
White Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows:

Raw Materials $20,000
Work in Process $15,000
Finished Goods $30,000

The company applies overhead cost to jobs on the basis of machine-hours worked. For the current year, the company's predetermined overhead rates was based on a cost forumulat that estimated $450,000 of total manufacturing overhead for an estimated activity level of 75,000 machine-hours. The following transactions were recorded for the year:

A. Raw materials were purchased on account, $410,000.
B. Raw materials were used in production, $380,000 ($360,000 direct materials and $20,000 indirect materials).
C. The following costs were accrued for employee services: Direct Labor, $75,000; Indirect Labor, $110,000; Sales Commissions, $90,000; and Administrative Salaries, $200,000.
D. Sales travel costs (on account) were $17,000.
E. Utility costs (on account) in the factory were $43,000.
F. Advertising costs (on account) were $180,000.
G. Depreciation was recorded for the year, $350,000 ($280,000 relates to factory assets and $70,000 relates to selling and administrative assets).
H. Insurance expired during the year, $10,000 ($7,000 relates to factory operations and the remaining relates to sellling and administrative activities.
I. Manufacturing overhead was applied to production. Due to greater than expected demand for its products, the company worked 80,000 machine hours on all jobs during the year.
J. Jobs costing $900,000 to manufacture according to their job cost sheets were completed during the year.
K. Jobs were sold on account to customers during the year for a total of $1,500,000. The jobs cost $870,000 to manufacture according to their job cost sheets.
L. Close out entry to for Underapplied / Overapplied Manufacturing Overhead (as stated in item 3 above).

Answers

1. Journal Entries: A. Raw materials inventory (debit) $410,000 ,Accounts payable (credit) $410,000.

What is the meaning of Gross Profit?

Gross profit is the revenue earned by a company minus the direct costs associated with producing and selling its products or services. In other words, it is the amount of money that a company has left over from its sales after deducting the cost of goods sold (COGS).

B. Work in process inventory (debit) $380,000

Raw materials inventory (debit) $360,000

Manufacturing overhead (debit) $20,000

Accounts payable (credit) $380,000

C. Direct labor (debit) $75,000

Indirect labor (debit) $110,000

Sales commissions expense (debit) $90,000

Administrative salaries expense (debit) $200,000

Accrued salaries and wages payable (credit) $475,000

D. Sales travel expense (debit) $17,000

Accounts payable (credit) $17,000

E. Utilities expense (debit) $43,000

Accounts payable (credit) $43,000

F. Advertising expense (debit) $180,000

Accounts payable (credit) $180,000

G. Depreciation expense (debit) $350,000

Accumulated depreciation - factory assets (credit) $280,000

Accumulated depreciation - selling and administrative assets (credit) $70,000

H. Factory insurance expense (debit) $7,000

Selling and administrative insurance expense (debit) $3,000

Prepaid insurance (credit) $10,000

I. Work in process inventory (debit) $360,000

Manufacturing overhead (debit) $90,000

Accrued manufacturing overhead (credit) $450,000

J. Finished Goods Inventory $900,000

Work in Process Inventory $900,000

K. Accounts Receivable $1,500,000

Sales $1,500,000

Cost of Goods Sold $870,000

Finished Goods Inventory $870,000

L. Manufacturing Overhead $20,000

Cost of Goods Sold $20,000

2. T-Accounts:

Raw Materials Inventory

Beginning Balance: $20,000

Purchases: $410,000

Materials Used: ($360,000)

Ending Balance: $70,000

Work in Process Inventory

Beginning Balance: $15,000

Direct Materials: $360,000

Direct Labor: $75,000

Manufacturing Overhead: $90,000

Jobs Completed: ($900,000)

Ending Balance: $540,000

Finished Goods Inventory

Beginning Balance: $30,000

Cost of Goods Manufactured: $900,000

Jobs Sold: ($870,000)

Ending Balance: $60,000

Manufacturing Overhead

Applied to Production: $90,000

Actual Overhead: ($603,000)

Closing Entry: $20,000

Ending Balance: $-493,000

3. Closing Entry:

Manufacturing Overhead $493,000

Cost of Goods Sold $493,000

4. Income Statement:

Sales $1,500,000

Cost of Goods Sold ($870,000)

Gross Profit $630,000

Operating Expenses:

Direct Labor $75,000

Indirect Labor $110,000

Sales Commissions $90,000

Administrative Salaries $200,000

Sales Travel Expenses $17,000

Utility Costs $43,000

Advertising Expenses $180,000

Depreciation Expense - Factory Assets $280,000

Depreciation Expense - Selling and Administrative Assets $70,000

Insurance Expense $10,000

Total Operating Expenses ($1,075,000)

Operating Income ($445,000).

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The work of both Herbert Simon "The Proverbs of Administration" shifts the approach to management from concerns with the structure to concerns with human behavior. What does this mean?

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Herbert Simon's work "The Proverbs of Administration" shifts approach to management from focus on structural design to focus on human behavior.

What is management?

Any organisation, including businesses, nonprofits, and political entities, can be controlled by management. To manage resources for a company effectively, art and science are needed. Management involves establishing the goals of an organisation and organising the efforts of its staff (or volunteers) to achieve those goals through the use of resources like money, the environment, technology, and people. In management, the terms "run the company" and "change the business" are used to distinguish between continuing to offer goods or services and tailoring the same goods or services to satisfy shifting customer needs. In addition to referring to the people in charge of a business, the term "management" can also be used to describe managers.

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