The cycle time of a production process is the total time it takes to complete one cycle of the process "It will go up" If inventory increases but the flow time remains constant, then the cycle time will also increase. The Correct Option is a) It will go up
This is because the same amount of time is needed to process the new inventory, so the total cycle time increases.
The reason why the cycle time increases when inventory increases and flow time stays the same is because the same amount of time is needed to process each unit. When the inventory increases, more units need to be processed, so the total cycle time increases.
To sum up, if inventory increases but the flow time remains constant, then the cycle time will also increase. This is because the same amount of time is needed to process the new inventory, so the total cycle time increases.
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Complete Question
if inventory goes up, but flow time stays constant, what will happen to cycle time? multiple choice question. a) It will go up b) It will go down c) It will stay the same. d) none of these.
what are at least 5 things you need to make sure you understand before selling your first item online to be compliant with regulations?
In order to be compliant with regulations when selling your first item online, it is important to understand the following five things: Taxes, Regulations, Shipping, return Policy and Privacy and data security.
1. Taxes: Depending on your location and the type of product being sold, there may be certain taxes that need to be collected and paid on the item. It is important to research and understand the applicable taxes in your area.
2. Regulations: Depending on the type of product being sold, there may be additional regulations and laws that need to be complied with. Make sure to research and understand all applicable regulations for the type of product you are selling.
3. Shipping: If you are shipping the item, make sure you understand all applicable shipping regulations, as well as any applicable fees or taxes. Additionally, make sure you understand the process of packaging and shipping the item.
4. Return Policy: Establish a clear return policy that is compliant with all applicable laws and regulations. This policy should include details on the process for customers to return the item, the timeline for processing the return, and any associated fees.
5. Privacy and Data Security: Ensure that you are protecting the privacy of your customers and that all data is secure. This includes following any applicable laws and regulations, as well as utilizing secure payment gateways and other data protection measures.
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Which of the following combinations results in the greatest decrease in sample size in an attribute sample for a test of controls?Desired confidence level:Tolerable deviation rate:Expected population deviation rate:
The combination that results in the greatest decrease in sample size for an attribute sample in a test of controls is: high desired confidence level, low tolerable deviation rate, and low expected population deviation rate.
In an attribute sampling for a test of controls, the sample size is influenced by three factors: desired confidence level, tolerable deviation rate, and expected population deviation rate.
A high desired confidence level means that you want to be more certain about your conclusions, which usually requires a larger sample size. However, a low tolerable deviation rate indicates that you are less willing to accept deviations, which leads to a smaller sample size.
Similarly, a low expected population deviation rate suggests that deviations are rare in the population, so you would need a smaller sample size to find them. When you combine these factors, the result is the greatest decrease in sample size.
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the fed agreed to purchase municipal bonds as long as they were not used to refinance to a lower rate as a pandemic response. group of answer choices true false
This statement "the fed agreed to purchase municipal bonds as long as they were not used to refinance to a lower rate as a pandemic response" is false.
The Federal Reserve did agree to purchase municipal bonds as part of its response to the COVID-19 pandemic. In fact, the Fed announced in April 2020 that it would expand its Municipal Liquidity Facility (MLF) to provide up to $500 billion in lending to states and eligible local governments.
However, there were some restrictions on the use of the funds. Specifically, the MLF could only be used to purchase municipal bonds issued to manage cash flow disruptions caused by the pandemic and to repay outstanding debt incurred to address those disruptions. It could not be used to refinance debt that was issued prior to the pandemic and was not related to pandemic-related cash flow disruptions.
So while the Fed did agree to purchase municipal bonds, there were some limitations on the use of the funds.
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a process has a yield of 50 percent. how many units are needed as inflow to create an outflow of 40 units per day?
To determine the number of units needed as inflow to create an outflow of 40 units per day, we must first calculate the daily outflow rate.
With a yield of 50%, the daily outflow rate would be 80 units (40 units / 50% = 80 units).
Thus, the inflow rate would need to be 80 units per day to create an outflow of 40 units per day.
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what approach to hiring is being used when a company has a job opening and makes its current employees aware of the opportunity?
The approach to hiring being used when a company has a job opening and makes its current employees aware of the opportunity is an internal recruitment process.
This is a process in which current employees can apply for the job and may be given priority over external candidates. The internal recruitment process is beneficial for the company as it can bring a range of advantages, such as:
The company has a deeper understanding of the capabilities of its current employees, and this can save time in terms of the selection process. The current employees may have an edge over external candidates as they are already familiar with the company culture, work environment and processes. It can be an effective way to retain current employees and can result in increased motivation levels. It can be a cost-effective method of recruitment as the company does not have to go through the costs of advertising and the selection process can be relatively straightforward.On the other hand, there are some potential drawbacks to this approach, such as the potential lack of diversity if current employees are given priority over external candidates and the risk that it could lead to a lack of fresh ideas and perspectives.
Overall, internal recruitment can be an effective and efficient approach for companies to fill job openings when making their current employees aware of the opportunity.
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which of the following items are added to the unadjusted book balance to determine the true cash balance? multiple select question. earned interest nsf checks deposits in transit accounts receivable collections bank service charges
Deposits in transit, earned interest, and accounts receivable collections are added to the unadjusted book balance to determine the true cash balance, while NSF checks and bank service charges are subtracted.
Unadjusted cash balance per book may be found in what way?When the cash balances on the ledger account and bank statement do not agree, the unadjusted cash balance is found. The accountant confirms the transactions that are either missing from the ledger or the bank statement in order to reconcile the balances.
Unadjusted book balance: what is it?A balance in which the items merely recorded in the pass book have not yet been adjusted is known as an unadjusted cash book balance. As bank charges have previously been accounted for in the pass book but not in the cash book, leaving them out causes an unadjusted cash book balance.
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a cross-functional team has been formed to come up with ways to improve communication among departments. team members are now taking part in a brainstorming session. they are in what stage of the project?
The team is in the ideation stage of the project, which involves gathering ideas and forming solutions.
The ideation stage is typically the first stage of a project and involves gathering ideas and forming potential solutions. During this stage, the team may brainstorm, research, and discuss various ideas and approaches to address the problem or opportunity at hand.
The goal is to generate a range of possibilities and explore different avenues for solving the problem.
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an alternating period of economic contraction and economic expansion measured over time with real gdp is known as the: answer unselected great depression. unselected business cycle. unselected circular flow model.
The alternating period of economic contraction and economic expansion measured over time with real GDP is known as the business cycle.
The business cycle is a pattern of alternating economic expansion and contraction. During periods of economic expansion, the economy experiences increased consumer spending, increased production and increased investments. During periods of contraction, consumer spending, production and investments decrease.
The business cycle is measured by Real Gross Domestic Product (GDP). Real GDP takes into account the effects of inflation, so it can measure the actual growth of the economy. When Real GDP increases over a period of time, it indicates economic expansion, and when Real GDP decreases over a period of time, it indicates economic contraction.
The business cycle is not the same as the Great Depression. The Great Depression was a period of prolonged economic contraction that began in 1929 and lasted until the end of the 1930s. It was caused by a combination of factors such as a stock market crash, a banking crisis, over-production of goods, drought and high levels of consumer debt.
Therefore, the correct answer would be business cycle.
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a bond has a par value of $1,000, a current yield of 8.03 percent, and semiannual coupon payments. the bond is quoted at 102.73. what is the coupon rate of the bond?
A bond has a par value of $1,000, a current yield of 8.03 percent, and semiannual coupon payments. The bond is quoted at 102.73. The coupon rate of the bond is 4.09%.
What is the coupon rate of the bond?
The coupon rate is the fixed interest rate that is paid semi-annually by the issuer to the bondholders on the par value of the bond. It is given in the bond certificate, and it is a proportion of the nominal value. The coupon rate is required to calculate the coupon payment, which is a fixed payment that the bond issuer pays to the bondholder until the bond reaches maturity.
Solution:
Let us use the formula of the bond which is given as: Bond price = (Coupon payment * (1 - (1 / (1 + r) ^ n))) / r + F / (1 + r) ^ n Where F is the face value, r is the required rate of return, n is the number of years to maturity, and the Coupon payment is the sum of interest payments on the bond, given as: Coupon payment = (Coupon rate * F) / m
Here, F = $1,000 and m = 2 since there are semiannual coupon payments. Then we have:102.73 = (Coupon payment * (1 - (1 / (1 + 0.04015) ^ 20) / 0.04015 + 1,000 / (1 + 0.04015) ^ 20Where r = 8.03% / 2 = 0.04015Substituting for Coupon payment, we get:102.73 = ((Coupon rate * 1,000) / 2 * (1 - (1 / (1 + 0.04015) ^ 20) / 0.04015 + 1,000 / (1 + 0.04015) ^ 20Multiplying both sides by 0.04015, we get:102.73 * 0.04015 = (Coupon rate * 1,000 / 2 * (1 - (1 / (1 + 0.04015) ^ 20))) + 1,000 / (1 + 0.04015) ^ 20
Simplifying, we get:4.133 = (Coupon rate * 1,000 / 2 * (1 - (1 / (1.04015) ^ 20))) + 1,000 / (1.04015) ^ 20Coupon rate * (1 - (1 / (1.04015) ^ 20))) = (4.133 - 1000 / (1.04015) ^ 20) * 2 / 1000Multiplying both sides by 1000 / 2 and simplifying, we get: Coupon rate * (1 - (1 / (1.04015) ^ 20))) = 0.00826604Coupon rate = 0.00826604 / (1 - (1 / (1.04015) ^ 20)
Coupon rate = 4.09% Therefore, the coupon rate of the bond is 4.09%.
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the entry to record the revenue recognized from the service portion of a bundle sale that was collected in advance is recorded with a debit to and a credit to . multiple choice question. accounts receivable; service revenue service revenue; cash cash; service revenue deferred revenue; service revenue
The entry to record the revenue recognized from the service portion of a bundle sale that was collected in advance is recorded with a debit to "Deferred Revenue" and a credit to "Service Revenue".
What is the revenue about?When a business collects payment from a customer in advance for services that will be provided in the future, the payment is recorded as a liability called "Deferred Revenue" (also known as unearned revenue or deferred income). The reason for this is that the company has not yet earned the revenue and has an obligation to provide the service at a later date.
Therefore, When the company delivers the service, it can then recognize the revenue earned by debiting "Deferred Revenue" and crediting "Service Revenue". This entry effectively removes the liability from the balance sheet and records the revenue earned on the income statement.
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when trading otc securities the difference between an all-or-nothing order versus a fill or kill order is
An All-or-Nothing Order is an order to buy or sell a security that must be filled in its entirety or not at all.
A Fill or Kill Order is an order to buy or sell a security that must be executed immediately and completely or not at all. The main difference between the two orders is that the All-or-Nothing Order allows for partial fills, while the Fill or Kill Order does not.
The All-or-Nothing Order is used to ensure that the investor is buying or selling the desired quantity of the security at the desired price.
The Fill or Kill Order, however, is used to ensure that the entire order is filled quickly and at the desired price. If the order cannot be filled immediately and at the desired price, it will be cancelled. This can be beneficial in fast-moving markets where prices can fluctuate rapidly.
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what is the best approach for the team to keep the stakeholders continuously updated on the work status?
The best approach for a team to keep stakeholders continuously updated on the work status is by employing effective communication strategies.
The stakeholders can be employees, clients, suppliers, shareholders, or any other parties that have a vested interest in the work the team is doing. Effective communication is critical to ensure that the stakeholders are aware of the progress made by the team in the project execution. The following are the best approaches that a team can employ to keep the stakeholders continuously updated on the work status.
Hold regular meetings- Regular meetings between the team and stakeholders are essential to provide updates on the progress of the project. This approach allows the team to provide feedback on any issues and receive feedback on the progress made on the project. The meetings should be scheduled at intervals agreed upon by the team and stakeholders.
Employ technology- Technology can be used to update stakeholders on the progress made in the project. The team can use social media, email, or other communication platforms to update stakeholders on the progress made on the project. These platforms enable the team to provide real-time updates to stakeholders.
Be transparent-Transparency is essential in maintaining a healthy working relationship between the team and stakeholders. Being open and honest with stakeholders about the progress made in the project can help to build trust between the parties. It is essential to communicate both the successes and failures of the project.
Provide status reports-The team can provide regular status reports to stakeholders to update them on the progress made in the project. The reports should be detailed and provide information on the progress of the project. The reports should include key performance indicators, project timelines, and other metrics that help stakeholders understand the progress made by the team. In conclusion, the best approach for a team to keep stakeholders continuously updated on the work status is to employ effective communication strategies. The approaches discussed above are critical in ensuring that stakeholders are aware of the progress made by the team in project execution.
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if you want to open a burger king in another country, you must pay a fee to burger king plus a share of the profit, and burger king will provide its materials and services to you in return. this is an example of which means of entering a foreign market?
If you want to open a Burger King in another country, you must pay a fee to Burger King, plus a share of the profit, and Burger King will provide its materials and services to you in return. This is an example of a franchise as a means of entering a foreign market.
Franchising is one of the most widely used market entry methods by multinational companies, as it enables them to expand rapidly while avoiding the risks associated with large-scale direct investment in foreign countries. Franchising is a form of a strategic alliance that enables one party, the franchisor, to expand the use of its brand, technology, knowledge, or expertise in exchange for certain fees and royalties to another party, the franchisee, who pays a fee to the franchisor in exchange for the right to use its trademarks, operating systems, and other resources.
A franchise agreement usually specifies the rights and obligations of each party, as well as the terms and conditions for using the franchisor's intellectual property, training, marketing, and other support services. Burger King is a global franchise chain that operates in over 100 countries, and its success has been largely due to its franchising model. Burger King's franchisees benefit from its well-known brand, effective marketing, proven operating systems, and standardized recipes and ingredients, while also paying a franchise fee, royalties, and a share of the profits to the franchisor. This enables Burger King to expand its presence in new markets quickly, while also minimizing the risks and costs of doing business in foreign countries.
In conclusion, franchising is an effective means of entering foreign markets for multinational companies, as it enables them to leverage their strengths while minimizing the risks and costs of doing business in new markets. By using franchising, companies can expand their global presence while also maintaining control over their intellectual property, brand reputation, and quality standards, while also sharing the risks and rewards of doing business with their franchisees.
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how does advice to clients from lawyers differ from advice given clients by public relations practitioners?
The advice given to clients by lawyers and public relations practitioners differs in a few key ways. Lawyers provide legal advice and recommendations based on their understanding of the law, while public relations practitioners provide advice on how to protect and enhance a client's reputation.
Lawyers will explain the potential legal ramifications of a decision or action, while public relations practitioners will explain the potential public opinion repercussions.
A lawyer will use their legal knowledge and experience to help their clients avoid legal consequences, while a public relations practitioner will use their understanding of the public and media to help protect and enhance the client's reputation.
A lawyer will advise clients on how to navigate legal matters, such as how to comply with a court order, how to draft contracts, and how to handle conflicts between parties.
On the other hand, public relations practitioners will advise clients on how to interact with the public, handle press inquiries, and promote the client's message. Public relations practitioners may also advise clients on what they can do to maintain a good public image.
Overall, the advice given to clients by lawyers and public relations practitioners differs in the scope and type of advice provided. Lawyers advise on legal matters, while public relations practitioners advise on public opinion and how to maintain a good public image.
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taxes influence many types of business decisions but generally do not influence personal decisions. group startstrue or false
The statement "taxes influence many types of business decisions but generally do not influence personal decisions." is true as it describes correct information about taxes influence.
Taxes influence many types of business decisions, such as decisions on where to locate the business, what types of investments to make, and what types of products or services to offer. However, taxes generally do not influence personal decisions, such as what type of car to buy or where to go on vacation.
Taxes may, however, affect personal decisions indirectly, by influencing a person’s income or financial resources. For example, higher taxes can reduce the amount of disposable income a person has to spend, and thus could influence decisions on what type of car to buy or where to go on vacation.
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one manufacturing region is a source of petroleum, natural gas, and hydroelectric power. which one is it?
It is difficult to determine which manufacturing region is a source of petroleum, natural gas, and hydroelectric power based on the limited information provided. However, some regions in the world are known for their abundant natural resources, which are commonly used in manufacturing.
For example, the Middle East is a major source of petroleum and natural gas, which are widely used as energy sources in the manufacturing industry. Countries such as Saudi Arabia, Iran, and Iraq have large oil reserves and are major exporters of crude oil to other countries.
In addition, some countries in the Middle East, such as Qatar and the United Arab Emirates, have invested heavily in natural gas production and have become major players in the global natural gas market.
Another region known for its abundant natural resources is South America. Countries such as Venezuela and Brazil have large oil reserves and are major producers of crude oil. Brazil is also a major producer of hydroelectric power, which is used to generate electricity for manufacturing and other industries.
Canada is another country that has significant natural resources, including petroleum, natural gas, and hydroelectric power. The country is one of the largest producers of oil and natural gas in the world and has vast hydroelectric potential, particularly in the province of Quebec.
In summary, there are several manufacturing regions in the world that are sources of petroleum, natural gas, and hydroelectric power. It is difficult to determine which specific region is being referred to without additional information, but some of the major players in this space include the Middle East, South America, and Canada.
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shifts in managing diversity include a. discrimination-and-fairness. b. integration-and-learning. c. all of these. d. access-and-legislation.
The correct option to shifts in managing diversity include is C. All of these.
What are shifts in managing diversity?Managing diversity refers to a strategy used by an organization to address diversity and inclusion. The purpose of this strategy is to provide equal employment opportunities to all employees regardless of their backgrounds. An inclusive workplace is an environment in which everyone feels valued and respected.
It's also where diversity is seen as a strength rather than a weakness. The following are some of the shifts in managing diversity:
Discrimination-and-fairnessIntegration-and-learningAccess-and-legislationEach of these shifts in managing diversity is important to creating a diverse and inclusive workplace. Discrimination and fairness, integration and learning, and access and legislation are all significant factors in creating a work environment where everyone is valued and respected.
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during which phase of a project is delivery of the product expected? planning execution initiation closing next question
The phase of a project when the delivery of the product is anticipated is the execution phase.
Execution is the stage when the project is put into operation after the planning and preparation stages have been completed. In the execution phase of a project, the tasks defined in the project plan are put into action, and the project's deliverables are created and delivered to the customer as agreed upon.
To track the progress of the project, the project manager and the team will monitor and control the project during the execution phase, ensuring that it stays on schedule, within budget, and that the quality of the project deliverables meets the expectations of the stakeholders.
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economic surplus measures the value of a decision's: group of answer choices total costs minus its net benefits. total benefits minus its total costs. total costs minus its benefits minus gains from exploitation. benefits minus its costs plus externalities.
The economic surplus measures the value of a decision's is total benefits minus its total costs (option b)
The economic surplus is the difference between the value that a person places on a good or service and the price they actually pay for it. This difference is known as consumer surplus.
On the other hand, producer surplus is the difference between the price that a seller receives for a good or service and the cost of producing it. When both of these surpluses are combined, we get the total economic surplus.
In conclusion, economic surplus is a fundamental concept in economics that measures the overall value created by a decision or a choice. It is calculated by subtracting the total costs from the total benefits and is made up of consumer surplus and producer surplus.
So, the correct option is (b).
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what is the solow residual and how does it behave over the business cycle? what factors cause the solow resid ual to change?
The Solow residual, also known as the Total Factor Productivity (TFP), is a measure that evaluates the efficiency of the economy. It is the output that cannot be ascribed to any of the economy's production factors (i.e. capital and labor). It is also referred to as Total Factor Productivity (TFP).
How does the Solow residual behave over the business cycle?
In general, productivity fluctuations are one of the essential contributors to economic cycles, and they help to identify the reasons behind fluctuations. One of the primary reasons for economic cycles is productivity shocks. The Solow residual behaves in two ways during the business cycle. The Solow residual has been found to be pro-cyclical in recent studies.
The amount of output that cannot be explained by capital and labor tends to be higher during good times than during bad times. It means that productivity grows during an economic expansion, whereas it falls during a recession.The Solow residual declines during a recession due to a decline in capital use, and its variability is usually proportional to changes in labor utilization.
Factors that cause the Solow residual to change include the amount of capital and labor available, technical progress, and the efficiency with which these factors are utilized. Technological advances are also an essential factor that contributes to a rise in productivity.
The Solow residual is the change in output that is not the result of a change in the volume of labor or capital. Productivity advances are the primary source of Solow residual growth, which results from the use of capital and labor in the economy. Changes in the workforce's education, training, and experience also contribute to productivity gains.
Technological advancements and other productivity-enhancing technologies, such as organizational and managerial improvements, are additional contributors to productivity gains.
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if you created a graph with investment risk on the x-axis and investment return on the y-axis and plotted points for two different investments, a line going through the points would probably be:
If you made a graph and put points for two separate investments on it, with investment risk on the x-axis and investment return on the y-axis, the line that went across the points would presumably have a positive slope.
Which of these best describes a portfolio's ability to provide the highest return at each level of risk?The collection of ideal portfolios known as the efficient frontier offers the highest expected return for a specified level of risk or the lowest risk for a specific level of expected return.
Risk and return: What's the connection? Does a higher yield frequently entail a larger risk?Risk and return are positively correlated, meaning that there is a bigger chance of making money or losing money the higher the risk. According to the principle of the risk-reward tradeoff, low levels of risk (uncertainty) are correlated with low returns, whereas high levels of risk (uncertainty) are correlated with high returns.
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each partner, in the absence of an agreement to the contrary, has which of the following rights? group of answer choices the right to have an equal part in the business of the firm. both b. and c. the right to a share of partnershi
In the absence of an agreement to the contrary, each partner has the right to have an equal part in the business of the firm.
What is a partnership agreement?A partnership agreement is a legally binding document that establishes the roles and responsibilities of each partner in a business partnership. A partnership agreement is a legal document that specifies the rights and responsibilities of each partner in a business partnership.
In the absence of a written agreement, partners in a business partnership have a right to an equal share of the firm's business as well as a share of partnership profits and losses.
A business partnership's agreement specifies the manner in which partners in a business partnership will conduct their business affairs.
The partnership agreement, for example, may define the proportion of each partner's contribution, as well as each partner's share of profits and losses. Additionally, the agreement can include a mechanism for resolving disputes among partners.
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true or false: it is mandatory for the actual use of a trademark to occur after the patent and trademark office (pto) registers the mark.
Answer:
No.
explanation:
You are not required to use a trademark symbol every time you use a trademark. Instead, you can usually focus on using the symbol the first time the mark appears, in the most prominent place the mark is used (e.g., in a heading), or both.
pinnacle fund had year-end assets of $825,000,000 and liabilities of $25,000,000. if pinnacle's nav was $32.18, how many shares must have been held in the fund? question 40 options: 21,619,346.92 22,930,546.28 24,860,161.59 25,693,645.25
If Pinnacle's nav was $32.18 then there must have been 24,860,161.59 shares held in the fund.
How many shares should a shareholder own?If you decide to choose individual stocks, you should make sure you have a sufficient number of them in your portfolio so that your wealth is not overly concentrated on any one business or sector. Unless your portfolio is really tiny, this usually involves holding between 20 and 30 equities.
By deducting assets from liabilities, we can calculate equity:
825,000,000 - 25,000,000 = 800,000,000
The shares outstanding are obtained by dividing this by the value per share as follows:
800,000,000 / 32.18 = 24,860,161.59
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which point on the leadership grid has proven to consistently be the best form of leadership? group of answer choices authority compliance country club middle-of-the-road team behaviors there is no best style
Team Management leadership style has proven to be the best form of leadership. In this style, the leader values both people and productivity equally. Leaders who use this style are successful because they use teamwork to achieve high levels of productivity and good working relationships.
According to the leadership grid, which point has proven to be the best form of leadership?
The leadership grid developed by Blake and Mouton has five basic styles of leadership. A clear picture of the leader's leadership style can be formed from the position on the grid where the two axes meet. The best form of leadership based on the leadership grid has proven to be the 9,9 point on the grid, which is known as the Team Management leadership style. This leadership style, according to Blake and Mouton, is the most successful and effective one.
What is the leadership grid?
The leadership grid was created by Blake and Mouton to assess a leader's style. The vertical axis represents a manager's concern for production or results, whereas the horizontal axis represents their concern for people. The grid has five fundamental styles, which are as follows: Authority-Compliance, Country Club, Middle-of-the-Road, Impoverished, and Team Management.
The Authority-Compliance leadership style places a greater emphasis on productivity and a lesser emphasis on people. Leaders are often referred to as task masters, and their approach is based on formal authority. The Country Club style of leadership puts a higher value on the people and relationships than on the task. As a result, productivity suffers. The Middle-of-the-Road style of leadership aims to achieve a balance between productivity and people.
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a(n) opening involves actually providing a demonstration of a good or service as soon as a salesperson meets the prospect. group of answer choices introduction curiosity compliment product referral
An introduction involves actually providing a demonstration of a good or service as soon as a salesperson meets the prospect. Thus, the correct answer is (a) Introduction.
An introduction is the first stage in the personal selling process, where the salesperson meets the prospect and establishes a relationship. In this stage, the salesperson aims to gain the prospect's attention and interest by introducing the product or service and highlighting its features and benefits. The purpose of an introduction is to begin building rapport with the prospect and to create a foundation for the rest of the sales process.
The other options listed (curiosity, compliment, product referral) are not related to the initial stage of the personal selling process.
Therefore, the correct answer is (a) Introduction.
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bryan has just started an internship in which he uses a database frequently. the database contains information about the company's employees. bryan's supervisor senses that he is anxious about using the database and drops by to give him a short tutorial. bryan's supervisor explains that to retrieve information from the database, bryan needs to use a .?
To retrieve information from the database, Bryan needs to use a query.
A query is a request made to retrieve information from the database, either to retrieve it to view or to modify it to update, delete or create new records. The query retrieves the data from one or more tables in the database.
A database is a set of structured data stored in a computer that can be accessed and modified by a computer program.
A database management system (DBMS) is software that allows users to interact with a database, providing tools to create, modify, and retrieve data.
The benefits of a database are as follows: Data sharing, data security, data integration, Minimized data inconsistency, Data accessibility and responsiveness.
Decision-making is improved Bryan's supervisor seems to be an expert in his field and is willing to provide a short tutorial to Bryan to help him get started.
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when a purchasing manager knows roughly what is needed but can't describe it exactly, or when the purchasing arrangement may change as the job progresses, then buying is likely to be by
When a purchasing manager knows roughly what is needed but can't describe it exactly, or when the purchasing arrangement may change as the job progresses, then buying is likely to be by negotiation.
Negotiation is a process of bargaining with the supplier to agree on the terms of purchase. It involves setting the objectives, identifying criteria for success, researching and preparing for the negotiations, and having open and candid communication with the supplier.
Negotiation is often used when the exact details of a purchase can't be known in advance, or when it may be desirable to change the arrangements over time.
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company a has a current ratio greater than 1. if company a buys inventory on account - which will increase inventory and accounts payable - what is the impact to the current ratio? the current ratio will increase the current ratio will decrease not enough information available to answer this question no change to the current ratio
The correct answer to the question is that the current ratio will decrease.
When Company A purchases inventory on account, which increases inventory and accounts payable, the impact on the current ratio is that the current ratio will decrease. The current ratio is a financial ratio that measures a company's ability to pay its short-term obligations. It is calculated by dividing current assets by current liabilities. If the current ratio is greater than 1, it indicates that the company has enough current assets to cover its current liabilities. However, if the company purchases inventory on account, it will increase both inventory and accounts payable. Inventory is a current asset, and accounts payable is a current liability. This means that the increase in inventory will be offset by the increase in accounts payable. Since the current liabilities will increase due to the increase in accounts payable, the current ratio will decrease. Therefore, the correct answer to the question is that the current ratio will decrease.
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which phase of the business cycle is characterized by increasing levels of unemployment? answer unselected peaks unselected growth unselected recessions
The phase of the business cycle that is characterized by increasing levels of unemployment is the recessionary phase of the business cycle.
WHAT'S RECESSIONA recession is defined as a significant decline in economic activity that lasts for more than a few months. During a recession, many businesses fail, unemployment rises, and consumer confidence falls.In general, during a recession, there is a decrease in the demand for goods and services, which leads to lower prices and reduced output.
This, in turn, results in layoffs, lower wages, and a decline in the overall standard of living. To fight a recession, governments can use monetary and fiscal policy tools to stimulate economic activity and prevent a deeper contraction.
The fiscal policy includes increasing government spending or reducing taxes to boost aggregate demand. Meanwhile, monetary policy involves adjusting interest rates to influence the cost and availability of credit.
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