Korey’s gross profit margin last month is 55.7%.
What is the gross profit margin?The gross profit margin is a profitability raio. Profitability ratios measures the efficiency with which a company generates profit from its asset. Gross profit margin measures the return on sales.
Gross profit margin = net income / gross profit
$1850 / 3320 = 0.557 = 55.7%
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norris has a deductible of $1,000. he damages his car in.- How much does Norris have to pay?- How much does his insurance pay?
Norris have to pay $1,000 and his insurance pay is $3,300. When a claim is made, the insured is required to pay a deductible before the insurance provider will cover the remaining costs.
For many years, deductibles have been a crucial component of the insurance contract. Getting the most out of your insurance coverage requires an understanding of the function deductibles play when insuring a car or a house. For many years, deductibles have been a crucial component of the insurance contract. Getting the most out of your insurance coverage requires an understanding of the function deductibles play when insuring a car or a house. Generally speaking, you pay less in premiums for an insurance coverage the higher the deductible is. A deductible can be a set monetary sum or a percentage of the entire insurance coverage provided by a policy.
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Disease, poor nutrition, and substandard health care in developing nations can reduce growth in an economy by a) reducing natural resources. b) reducing knowledge capital. c) reducing physical capital. d) reducing human capital.
The correct answer is D) reducing human capital.
Poor nutrition, disease, and substandard health care in developing nations can have a profound effect on an economy, reducing growth by reducing human capital. Poor nutrition can lead to malnutrition and stunted growth in children, while disease can lead to increased mortality and decreased life expectancy. Substandard health care can lead to inadequate prevention and treatment of diseases, reducing the overall health of the population. All of these factors lead to a decrease in the quality and quantity of the human capital available in a given population, leading to a reduced economic growth rate.
In terms of natural resources, poverty and poor health can lead to over-exploitation of resources and a decline in their quality, but the lack of resources is not a direct consequence of poor health and nutrition. In terms of knowledge capital, a lack of education in developing nations can have a negative impact on the economy, but this is more related to inadequate access to education and educational resources than it is to health and nutrition. Lastly, poor physical capital can reduce the ability of an economy to grow, but again, this is more related to a lack of infrastructure than to health and nutrition.
In conclusion, poor nutrition, disease, and substandard health care in developing nations can reduce growth in an economy by reducing human capital, due to increased mortality, stunted growth, and inadequate health care.
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what effect does vertical and horizontal integration have on free enterprise
Vertical and horizontal integration can limit competition and harm consumers in a free enterprise system.
Vertical and even joining can altogether affect free venture. Vertical combination happens when an organization controls numerous phases of the creation and dispersion process, for example, possessing both an assembling plant and a retail location.
This can increment effectiveness and decrease costs, however it can likewise restrict contest and lead to restraining infrastructure power. Level reconciliation happens when an organization procures or converges with a rival in a similar industry, which can increment piece of the pie and lessen contest.
Notwithstanding, it can likewise restrict shopper decision and lead to more exorbitant costs. Generally, while combination can have benefits as far as proficiency and productivity, it can likewise restrict contest and possibly hurt customers in a free undertaking framework.
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The complete question is:
What impact does vertical and horizontal integration have on a free enterprise system, and what are some potential benefits and drawbacks of these forms of integration?
Vertical integration and horizontal integration both impact free enterprise by potentially reducing competition. Vertical integration does this through controlling more of the supply chain, while horizontal integration does so by potentially creating monopolies.
Explanation:Vertical and horizontal integration are strategies adopted by businesses to gain control over their industry's value chain. Vertical integration occurs when a company acquires other companies at different stages of its supply chain. This can lead to a reduction in the levels of competition, as the company gains more control over production processes, thereby affecting the free enterprise system.
On the other hand, horizontal integration is when a company buy or merge with their competitors at the same stage of production. This can lead to monopolies if a company ends up controlling a large portion of the market, which can restrict free enterprise by reducing competition and consumer choice.
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net income $ 57,500 accounts payable decreased by 23,500 accounts receivable increased by 30,500 inventories increased by 10,500 cash dividends paid 15,100 depreciation expense 25,500
The net income for the period is $57,500. To analyze the changes in the financial position of the company, we need to consider the various transactions that took place. First, the accounts payable decreased by $23,500, indicating a reduction in the amount owed by the company to its creditors.
On the other hand, the accounts receivable increased by $30,500, suggesting that the company collected more money from its customers during the period. Additionally, inventories increased by $10,500, indicating an increase in the value of goods held by the company for future sale. The company paid out $15,100 in cash dividends to its shareholders, reducing the retained earnings. Lastly, the depreciation expense for the period amounted to $25,500, representing the allocation of the cost of long-term assets over their useful lives. Overall, the net income of $57,500 signifies the company's profitability during the period. The decrease in accounts payable, increase in accounts receivable and inventories, and the payment of cash dividends all contributed to changes in the company's financial position. Additionally, the depreciation expense reflects the gradual allocation of asset costs.
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who designates the incident commander and the process for transferring
The incident commander is designated by the organization or agency responsible for managing the incident.
Who designates the incident commander and what is the process for transferring the role?The designation of the incident commander typically falls under the jurisdiction of the organization or agency responsible for coordinating emergency response efforts.
This could be a fire department, law enforcement agency, or other emergency management entity. The specific process for transferring the role of incident commander may be outlined in an organization's standard operating procedures or incident management guidelines.
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influences of Business environment,
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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what should you consider regarding auto insurance before buying a vehicle
Answer:both a and c
Explanation:
i did the quiz
When a customer buys something with a credit card, the pays the store on the customer’s behalf.
TRUE
Explanation:
This statement is true
in the third step of the strategic management process, managers should:
In the third step of the strategic management process, managers should: Establish the organization's objectives .
Strategic management process simply means to formulate organization strategic that will enables the organization to achieve their goals and objectives.
When managers formulate a strategy it means that they are establishing and setting the direction for their business as this will help to designate the kinds of activities that will make their plan to become a reality.
When it comes to strategic management process It is important that managers establish objectives they want to achieve when planning to take action that will help implement the plan and vision the organization has for the future.
Inconclusion In the third step of the strategic management process, managers should: Establish the organization's objectives.
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What states have the highest percent of their credit economy with prime credit scores?
Cost-volume-profit analysis is the study of the effects of.
Cost-volume-profit analysis simply means the study of the effects of change in costs and volume on the profit of a company.
What is Cost-volume-profit analysis?Cost-volume-profit analysis simply means a way to find out how changes in cost will affect the profit.
Cost-volume-profit analysis is the study of the effects of change in costs and volume on the profit of a company.
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One use of money is to quote prices of different products in comparable units. Which of the three functions of money is this referring to?
A. medium of exchange
B. seigniorage
C. unit of account D. opportunity cost
The use of money to quote prices of different products in comparable units is referring to: C. unit of account
The unit of account function of money refers to its ability to serve as a standard measure or unit for quoting prices, recording financial transactions, and comparing the value of different goods and services. By using money as a unit of account, prices can be expressed in a common monetary unit, enabling easy comparison and evaluation of the relative value of different products or services. This function allows for efficient price comparisons and facilitates economic decision-making.
Money is a widely accepted medium of exchange that is used in transactions to facilitate the buying and selling of goods and services. It serves as a store of value and a unit of account. Money can take various forms, including physical currencies such as coins and banknotes, as well as digital representations like bank deposits and electronic money.
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Things that are able to be seen and touched Group of answer choices
Answer: Tangible
Explanation:
Tangible things by definition are able to be seen and touched as opposed to intangible things which cannot be seen or touched but whose effects can be felt.
Because Tangible things can be seen, they can be easily measured and evaluated. In Business, most assets are tangible such as Land, Buildings, Equipment, Inventory etc.
Create a comic strip, poster, or other visual art presentation that illustrates the forces of supply and demand, just as the dance routine in Supply and Dance, Man illustrated it using
the example of selling canes. Invent a fictitious business and illustrate how the business's successes shift supply and demand. Identify the supply and demand factors at play.
Answer:
demand is equal to 1000 and factors is equal to 5000
A baker buys 10 apples from a farmer for $.25/each. The baker uses the 10 apples to make an apple pie that they sell in their bakery for $7.99. What is the total contribution to GDP? (hint: be sure to review intermediate vs. final goods before answering this question).
The baker's total contribution to GDP is $5.49.
What is the total contribution to GDP?
GDP, the gross domestic product is the sum of all final goods and services produced in an economy within a given period.
When calculating GDP, only the value added of final goods and services are included. Intermediate goods are not added.
Contribution to GDP = 7.99 - (10 X 0.25) = $5.49.
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name two methods used to measure inequality of income in a country
The most commonly used inequality measure are the Gini coefficient ( based on Lorenz curve ) and the percentile or share ratios. This measures try to capture overall dispersion of income; how were they tend to people different leavles of importantance on the bottom middle and top end of distribution .
I hope it is helpful for you .
What is the SNAP food program governed by the farm bill
stamps
magnet
O paperwork
card
Answer:
The Supplemental Nutrition Assistance Program (SNAP) helps families, older adults, and individuals pay for groceries. ... SNAP benefits provide food security, stimulate local economies, and support farmers and the agriculture industry through the purchases of Pennsylvania-grown and processed foods.
Explanation:
In one to two sentences, describe how you benefited from the career-development activity.
The way I benefited from the career-development activity is that it help me to improve and upgrade the neccessary skill for my career and this help me top be successful.
What is career-development activity?Career-development activity can be described as the activities that can be carried out by individual as well as organization which can help them to improve in their different career and this usually help them to succeed in thier field.
It should be noted that most of the people could be successful if they were been guided in their career by experts and this do help people to suceed alot.
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a balanced-budget increase in government real spending (g) causes total spending to
A balanced-budget increase in government real spending (g) causes total spending to increase by the same amount as the increase in government spending.
This is because in a balanced-budget scenario, the increase in government spending is financed by an equal increase in taxes or a decrease in other government spending. As a result, the total amount of money in the economy remains the same, but the composition of spending changes.
The increase in government spending can lead to an increase in demand for goods and services, which can stimulate economic growth and job creation. However, if the increase in government spending is not matched by an increase in productivity or efficiency, it can lead to inflation or a higher national debt.
Therefore, the effectiveness of a balanced-budget increase in government spending depends on how it is implemented and its impact on the overall economy.
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Find the after-tax return to a corporation that buys a share of preferred stock at $54, sells it at year-end at $54, and receives a $8 year-end dividend. The firm is in the 21% tax bracket. (Round your answer to 2 decimal places.)
The after-tax return to the corporation is approximately 0.117, or 11.7% when rounded to 2 decimal places.
To calculate the after-tax return to a corporation, we need to consider the tax implications on the dividend income received.
The initial investment cost is $54, and the year-end dividend is $8. The tax bracket for the corporation is 21%. Let's calculate the after-tax return.
Step 1: Calculate the pre-tax dividend income:
Pre-tax dividend income = Year-end dividend
Pre-tax dividend income = $8
Step 2: Calculate the tax on the dividend income:
Tax on dividend income = Pre-tax dividend income × Tax rate
Tax on dividend income = $8 × 21%
Tax on dividend income = $1.68
Step 3: Calculate the after-tax dividend income:
After-tax dividend income = Pre-tax dividend income - Tax on dividend income
After-tax dividend income = $8 - $1.68
After-tax dividend income = $6.32
Step 4: Calculate the after-tax return:
After-tax return = (Year-end selling price - Initial investment cost + After-tax dividend income) / Initial investment cost
After-tax return = ($54 - $54 + $6.32) / $54
After-tax return = $6.32 / $54
After-tax return ≈ 0.117
Therefore, the after-tax return to the corporation is approximately 0.117, or 11.7% when rounded to 2 decimal places.
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Ashley bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $350 more than the desktop. She paid for the computers using two different financing plans. For the desktop the interest rate was 7% per year, and for the laptop it was 6% per year. The total finance charges for one year were $398. How much did each computer cost before finance charges
Answer:
Laptop = $3250
Desktop = $2900
Explanation:
Total finance charge = $398
Laptop cost = 350 + x
Desktop = X
Workings
Finance cost = (7% *X ) + (6% * 350+x ) = 398
0,07 X + 0.06 X + 21 = 398
0.13 X + 21 = 398
0.13 X = 398 -21
0.13 X = 377
Therefore ,X = 377/0.13
=2900
Cost of Desktop = 2900
Cost of Laptop =2900+350 =3,250
The needs and comforts necessary for daily life, as well as those you wish to have in the future, are purchases that affect:
a) Income
b) Standard of living
c) Savings
d) Health
The corrrect option is B, the needs and comforts necessary for daily life, as well as those you wish to have in the future, are purchases that affect: Standard of living.
Standard of living refers to the level of material comfort and wealth that an individual or society is able to attain. It is an overall measure of well-being and quality of life, taking into account various factors such as income, health, education, and access to goods and services. A high standard of living is typically associated with a strong economy, good health and educational systems, and a high level of technological development. On the other hand, a low standard of living is associated with poverty, poor health, low levels of education, and limited access to goods and services.
The standard of living can vary greatly between countries, and even within regions within the same country. It can also change over time as economic conditions, political stability, and technological advances affect the availability and cost of goods and services. Ultimately, the standard of living is a measure of how well people are able to meet their basic needs and achieve their goals and aspirations.
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suppose french government imposes a quota on international trade of cars. it means it will:group of answer choicesprohibit import of cars altogether;prohibit export of cars altogetherrestrict the quantity of cars france may export;restrict the quantity of cars france may import;
The French government's imposition of a quota on the international trade of cars would restrict the number of cars France may import. This means that there would be a limit on the number of cars that can be imported into the country from foreign markets.
A quota is a trade restriction imposed by a government to limit the quantity of goods that can be imported or exported. In this case, the French government is implementing a quota specifically on the import of cars. By setting a restriction on the number of cars that can be imported, the government aims to control and limit the inflow of foreign cars into the domestic market. This measure can serve various purposes, such as protecting domestic car manufacturers, promoting local industries, or managing trade imbalances. By limiting the number of imported cars, the government can influence the supply and demand dynamics in the domestic market, potentially supporting domestic car producers and ensuring the stability of the local automotive industry.
It's important to note that a quota specifically targets imports and does not necessarily restrict the export of cars from France. The focus is on controlling the inflow of foreign cars into the country while allowing domestic manufacturers to compete in the market.
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Grace wants to auction her livestock without taking them to a terminal market. What method will she MOST likely use?
vertical integration
a commodity exchange
telemarketing
video merchandising
If Grace wants to auction her livestock without taking them to a terminal market, she would have to use the telemarketing. Option C
What is telemarketing?Telemarketing is a form of direct marketing in which a salesperson calls potential consumers and asks them to make a purchase of goods or services. This can be done over the phone, during a scheduled in-person or web conference meeting, or even in person after the call.
The company uses telemarketing to not only create leads and sales, but also to effectively stay in touch with clients who frequently offer feedback on the company's goods and services. This enables the company to accept helpful criticism and enhance its offerings.
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Over the last 100 years, marginal tax rates have been fluctuating constantly. Place the years in order by how high the top marginal rate was at the time. Place the year with the highest rate first.
Stock Y has a beta of 1.45 and an expected return of 16.3 percent. Stock Z has a beta of .90 and an expected return of 12.6 percent. What would the risk-free rate have to be for the two stocks to be correctly priced relative to each other?
Answer:
risk free rate= 6.55%
Explanation:
expected return= risk-free rate +Beta*(Market rate- risk-free rate )
Stock Y
16.3=Rf+1.45(Rm-Rf)
16.3=1.45Rm-0.45Rf
Rm=(16.3+0.45Rf)/1.45
Stock Z
12.6=Rf+0.9*(Rm-Rf)
12.6=0.9Rm+0.1Rf
12.6=0.9(16.3+0.45Rf)/1.45+0.1Rf
risk free rate=(12.6-10.11724138)/(0.279310344+0.1)
risk free rate= 6.55%
As a consulting Engineer, you were approached by the city council to help them determine the locations of newly established fire stations. The new city has 10 candidate areas for locating fire stations. The numbers in the table below show the average time between the centroids of these locations Time in minutes between the centroids of the different locations LOCATION 1 2 3 4 5 6 7 8 9 10 1 7 9 5 6 4 12 12 6 24 2 9 4 12 8 8 8 5 19 3 5 16 7 6 9 8 12 4 8 9 12 6 12 16 5 6 9 7 17 10 6 17 5 17 7 7 9 23 16 8 17 6 9 8 10 Assuming that centroids can be used for the average time and given that the international standards stipulate that the maximum time between two fire station locations (centroids) MUST NOT exceed 6 minutes. Formulate the problem as an integer program that will minimize the number of fire stations while covering all city all locations.
The given problem can be formulated into an integer program as shown below:Variables:Let us assume that xᵢ denotes the decision variable such that, xᵢ = 1,
if there exists a fire station in location i and xᵢ = 0, if there does not exist a fire station in location i.Objective Function:The objective of the problem is to minimize the number of fire stations. This can be achieved using the following expression:minimize z = Σᵢ xᵢConstraints:1. The maximum time between two fire stations locations must not exceed 6 minutes. This can be represented as follows:7x₁ + 9x₂ + 5x₃ + 6x₄ + 4x₅ + 12x₆ + 12x₇ + 6x₈ + 24x₉ + 9x₁₀ ≥ 16x₁ + 12x₂ + 6x₃ + 12x₄ + 16x₅ + 6x₆ + 17x₇ + 10x₈ + 17x₉ + 7x₁₀7x₁ + 9x₂ + 5x₃ + 6x₄ + 4x₅ + 12x₆ + 12x₇ + 6x₈ + 24x₉ + 9x₁₀ ≥ 5x₁ + 8x₂ + 16x₃ + 7x₄ + 6x₅ + 9x₆ + 7x₇ + 10x₈ + 6x₉ + 23x₁₀5x₁ + 16x₂ + 7x₃ + 6x₄ + 9x₅ + 8x₆ + 12x₇ + 4x₈ + 8x₉ + 9x₁₀9x₁ + 12x₂ + 6x₃ + 12x₄ + 16x₅ + 6x₆ + 17x₇ + 10x₈ + 17x₉ + 7x₁₀2. A location can have only one fire station. This can be represented as follows:x₁ + x₂ + x₃ + x₄ + x₅ + x₆ + x₇ + x₈ + x₉ + x₁₀ = 103.
The decision variable xᵢ must be binary.xᵢ = 0 or 1; for all i ∈ {1, 2, ..., 10}Therefore, the final integer programming formulation that can minimize the number of fire stations while covering all city all locations is:Minimize z = x₁ + x₂ + x₃ + x₄ + x₅ + x₆ + x₇ + x₈ + x₉ + x₁₀Subject to:7x₁ + 9x₂ + 5x₃ + 6x₄ + 4x₅ + 12x₆ + 12x₇ + 6x₈ + 24x₉ + 9x₁₀ ≥ 16x₁ + 12x₂ + 6x₃ + 12x₄ + 16x₅ + 6x₆ + 17x₇ + 10x₈ + 17x₉ + 7x₁₀7x₁ + 9x₂ + 5x₃ + 6x₄ + 4x₅ + 12x₆ + 12x₇ + 6x₈ + 24x₉ + 9x₁₀ ≥ 5x₁ + 8x₂ + 16x₃ + 7x₄ + 6x₅ + 9x₆ + 7x₇ + 10x₈ + 6x₉ + 23x₁₀5x₁ + 16x₂ + 7x₃ + 6x₄ + 9x₅ + 8x₆ + 12x₇ + 4x₈ + 8x₉ + 9x₁₀9x₁ + 12x₂ + 6x₃ + 12x₄ + 16x₅ + 6x₆ + 17x₇ + 10x₈ + 17x₉ + 7x₁₀x₁ + x₂ + x₃ + x₄ + x₅ + x₆ + x₇ + x₈ + x₉ + x₁₀ = 10xᵢ ∈ {0, 1}; for all i ∈ {1, 2, ..., 10}
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Parts of a business plan include the cash flow projection and the repayment plan
A financial plan is a company plan that includes cash flow projections and payback strategies.
What is a financial plan?A financial plan is a written document that contains a person's current financial condition, long-term monetary and economic goals, and tactics for achieving those goals.
The plan should be thorough but also highly personalized, taking into account the individual's personal and family circumstances, risk tolerance, and future expectations.
The approach is developed after calculating the business's present net worth and cash flow.
Therefore, financial plan is the correct answer.
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Intellectual property laws protect trade secrets such as formulas and computer source codes. t or f?
The statement - "Intellectual property laws protect trade secrets such as formulas and computer source codes" is true.
What is Intellectual property?Intellectual property is a type of property that incorporates intangible human intelligence creations. There are many different sorts of intellectual property, with some governments recognizing more than others. Patents, copyrights, trademarks, and trade secrets are the most well-known categories.
Trade secrets, unlike patents, are protected in intellectual property laws without registration; that is, trade secrets do not require any procedural formalities to be protected. A trade secret can be kept private indefinitely unless it is discovered or legitimately obtained by others and exposed to the public.
Therefore, it can be concluded that the statement mentioned above with regard to intellectual property laws is true.
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four reasons why Corona virus could be harmful to economic growth??
Answer:
Employees have to be let go because social distancing is a thing
Businesses are not getting enough customers because of quarantine, which leads to them shutting down
Factories that supply stores are shut down to prevent spread in factory lines
For those with computer jobs, working from home does not give an employee as much freedom with printing or scanning as it does at work, which slows down the completion of assignments and lowering the business`s dependability