Answer:
a. Dr Inventory $10,000
Cr Accounts payable $10,000
b. Dr Accounts payable $10,000
Cr Cash $9,800
Cr Inventory $200
Explanation:
Preparation of the Journal entries Under a perpetual inventory system,
a. Dr Inventory $10,000
Cr Accounts payable $10,000
( To record purchase of merchandise)
b. Dr Accounts payable $10,000
Cr Cash $9,800
($10,000-$200)
Cr Inventory $200
(2%*$10,000)
( To record payment for merchandise)
Discount amount = Amount due x Discount percentage
Discount amount= 10,000 x 2/10
Discount amount= $200
Precision Systems manufactures CD burners and currently sells 18,500 units annually to producers of laptop computers. Jay Wilson, president of the company, anticipates a 15 percent increase in the cost per unit of direct labor on January 1 of next year. He expects all other costs and expenses to remain unchanged. Wilson has asked you to assist him in developing the information he needs to formulate a reasonable product strategy for next year.
You are satisfied that volume is the primary factor affecting costs and expenses and have separated the semivariable costs into their fixed and variable segments. Beginning and ending inventories remain at a level of 1,000 units. Current plant capacity is 20,000 units. The following are the current-year data assembled for your analysis.
Sales price per unit $100
Variable costs per unit:
Direct materials $10
Direct labor $20
Manufacturing overhead and selling and administrative expenses 30 60
Contribution margin per unit (40%) $40
Fixed costs $390,000
Required:
a. What increase in the selling price is necessary to cover the 15 percent increase in direct labor cost and still maintain the current contribution margin ratio of 40 percent?
b. How many units must be sold to maintain the current operating income of $350,000 if the sales price remains at $100 and the 15 percent wage increase goes into effect?
c. Wilson believes that an additional $700,000 of machinery (to be depreciated at 20 percent annually) will increase present capacity (20,000 units) by 25 percent. If all units produced can be sold at the present price of $100 per unit and the wage increase goes into effect, how would the estimated operating income before capacity is increased compare with the estimated operating income after capacity is increased? Prepare schedules of estimated operating income at full capacity before and after the expansion.
a. An increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.
b.The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The required sales volume is 18,500 units.
c. The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units
a. To maintain the current contribution margin ratio of 40 percent, the selling price per unit needs to be increased by 20 percent [(15 percent wage increase) / (current contribution margin ratio)].
Therefore, an increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.
b. To maintain the current operating income of $350,000, the number of units that must be sold can be calculated using the contribution margin ratio.
The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The formula for calculating the required sales volume is:
(Number of units) = (Fixed costs + Desired operating income) / Contribution margin per unit
Plugging in the values, we have:
(Number of units) = ($390,000 + $350,000) / $40 = 18,500 units
c. Before the capacity expansion, the estimated operating income can be calculated using the current production and sales volume of 18,500 units.
The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units.
The schedules of estimated operating income at full capacity before and after the expansion can be prepared by multiplying the respective sales volumes with the contribution margin per unit and subtracting the fixed costs and the wage increase.
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Which of the following would appear in the cash flows from investing activities section of the statement of cash flows?
a. Cash received from stock issued
b. Cash received from bonds payable
c. Depreciation expense on equipment
d. Cash paid for equipment
The correct answer is:
d. Cash paid for equipment
Cash flows from investing activities include transactions related to the acquisition or sale of long-term assets such as property, plant, and equipment. Cash paid for the purchase of equipment would be categorized as an investing activity because it involves the outflow of cash for the acquisition of a long-term asset.
Where do deleted files go?
into the My Computer folder
into the My Documents folder
into the Recycle Bin
into the system tray
Answer:
the correct answer is into the recycle bin
Explanation:
Answer:
b
Explanation:
Byer, a plastics processor, is considering the purchase of a high-speed extruder as one option. The new extruder would cost $50,000 and would have a residual value of $3000 at the end of its 6-year life. The annual operating expenses of the new extruder would be $5000. The other option that Byer has is to rebuild its existing extruder. The rebuilding would require an investment of $30,000 and would extend the life of the existing extruder by 6 years. The existing extruder has annual operating costs of $13,000 per year and does not have a residual value. Byer's discount rate is 12%. Using net present value analysis, which option is the better option and by how much? Present Value of $1 Periods 12% 14% 16% 6 0.507 0.456 0.410 8 0.404 0.351 0.305 10 0.322 0.270 0.227 12 0.257 0.208 0.168Present Value of Annuity of $1 Periods 12% 14% 16% 6 4.111 3.889 3.685 8 4.968 4.639 4.344 10 5.650 5.216 4.833 12 6.194 5.660 5.197
Answer:
Option of the new extruder is better by $14,411.16
Explanation:
The present value of each option needs to be determined in order that the cheaper option in present value terms can be recommended.
Present value of new extruder=$50,000/(1+12%)^0+$5000/(1+12%)^1+$5000/(1+12%)^2+$5000/(1+12%)^3+$5000/(1+12%)^4+$5000/(1+12%)^5+$5000/(1+12%)^6-$3000/(1+12%)^6=$ 69,037.14
The discount factor each year=1/(1+r)^n where is 12% discount rate and n is the year
resent value of old extruder=$30,000/(1+12%)^0+$13,000/(1+12%)^1+$13000/(1+12%)^2+$13000/(1+12%)^3+$13000/(1+12%)^4+$13000/(1+12%)^5+$13000/(1+12%)^6=$ 83,448.30
The first option is better since it has a lower preset value of costs of $ 69,037.14
Difference in PVs= 83,448.30-69,037.14=$14,411.16
I have $10,967.74 in a brokerage account, and plan to deposit an additional $6,000.00 at the end of every future year until my account totals $270,000 and I expect to earn 13% annually on the account. How many years will it take
Note that with respect to the deposite, it will take approximately 8.19 years for the account to reach $270,000.
How is this so?To determine how many years it will take for the account to reach $270,000,we can use the future value of an annuity formula.
The formula is -
FV = P x [(1 + r)ⁿ⁻¹] / r
Where -
FV = Future value ($270,000)
P = Annual deposit ($6,000)
r = Interest rate per period (13% or 0.13)
n = Number of periods (number of years)
We need to solve for n, so we can rearrange the formula as -
n = log((FV x r / P) + 1) / log(1 + r)
Plugging in the values -
n = log((270000 x 0.13 / 6000) + 1) / log(1 + 0.13)
Using a calculator, we find that n is approximately 8.19.
thus, it is corect to state that, it will take approximately 8.19 years for the account to reach $270,000.
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Which scenario describes the highest level of productivity?
A. Producing 50 chairs using resources that cost $400
B. Producing 15 chairs using resources that cost $150
C. Producing 5 chairs using resources that cost $100
D. Producing 100 chairs using resources that cost $200
The scenario that describes the highest level of productivity is option D. Producing 5 chairs using resources that cost $100. Calculating the highest productivity:
For A. The cost should be $400 for 50 chairs so per chair should be = $400 ÷ 50 = 8. For B. The cost should be $150 for 15 chairs so per chair should be = $150 ÷ 15 = 10. For C. The cost should be $100 for 5 chairs so per chair should be = $100 ÷ 5 = 20. and For D. The cost should be $200 for 100 chairs so per chair should be = $200 ÷ 100 = 2
What is productivity?Productivity is the efficiency of production of goods or services expressed by some measure. Measurements of productivity are often expressed as a ratio of an aggregate output to a single input or an aggregate input used in a production process, i.e. output per unit of input, typically over a specific period of time.
Therefore, the correct answer is option D.
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A. The investments were sold for $175,000 cash. B. Equipment and land were acquired for cash. C. There were no disposals of equipment during the year. D. The common stock was issued for cash. E. There was a $90,000 debit to Retained Earnings for cash dividends declared. Prepare a statement of cash flows, using the direct method of presenting cash flows from operating activities. Be sure to complete the heading of the statement. Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments.
The net cash on Livers Inc statement of cash flows equals to the amount of $155,000.
Preparation of the statement of cash flows:Livers Inc.
Statement of Cash Flows
For the Year Ended December 31, 20Y3
Cash flows from operating activities:
Net Income $500,000
Adjustments to reconcile net loss to
net cash flow from operating activities:
Depreciation $100,000
Gain on sale of investments
Changes in current operating assets and liabilities
Increase in accounts receivable
Increase in inventories
Increase in Accounts Payable $40,000
Decrease in accrued expenses payable
Net cash flow provided by operating activities $490,000
Cash flows from investing activities:
Cash received from sale of investments $175,000
Less: Cash paid for purchase of land
Less: Cash paid for purchase of equipment
Net cash flow used for investing activities
Cash flows from financing activities:
Cash received from issuance of common stock $125,000
Less cash paid for dividends
Net cash flow from financing activities
Net Increase in cash $5,000
Cash at the beginning of the year $150,000
Cash at the end of the year $155,000
Missing words "The comparative balance sheet of Livers Inc. for December 31, 20Y3 and 20Y2, is shown as follows:
Dec. 31, 20Y3 Dec. 31, 20Y2
Assets
Cash 155,000 150,000
Accounts Receivable (net) 450,000 400,000
Inventories 70,000 750,000
Investments 0 100,000
Land 500,000 0
Equipment 1,400,000 1,200,000
Accumulated Depreciation-equipment (600,000) (500,000)
Total Assets 2,675,000 2,100,000
Liabilities and Stockholders’ Equity
Accounts Payable 340,000 300,000
Accrued Expenses Payable 45,000 50,000
Dividends payable 30,000 25,000
Common Stock, $4 par 700,000 600,000
Paid-in Capital in Excess of par-Common Stock 200,000 175,000
Retained Earnings 1,360,000 950,000
Total Liabilities and stockholders’ equity 2,675,000 2,100,000
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You have discovered that one of you closest friends at work has stolen a large sum of money from the company. Would you do nothing? Go directly to an executive to report the incident before talking about it with the offender? Confront the individual before taking action? Make contact with the individual with the goal of persuading that person to return the money?
Answer:I would recommend confronting the individual before taking any action. It is important to first discuss the issue with the offender to understand the situation and whether it was intentional and deliberate. If the offender is uncooperative or unwilling to return the money, then the next step would be to go directly to an executive to report the incident.
Explanation:
According to the above material, there exist large differences between economic growth rate using traditional expenditure approach and the satellite night-light data. How do you evaluate the night-light data method? and can you identify several reasons why there exists such differences?
The use of satellite night-light data as a method to evaluate economic growth has both strengths and limitations. Reasons for Differences between Traditional Expenditure Approach and Night-light Data: Informal Economy, Data Limitations, Urbanization Bias and Structural Changes.
Here is an evaluation of the night-light data method and several reasons for the differences observed between the traditional expenditure approach and the night-light data:
Evaluation of the Night-light Data Method:
Objective and Timely: Satellite night-light data provides an objective and timely measure of economic activity. Wide Coverage: Night-light data can cover large geographical areas, including remote and inaccessible regions. Granularity: The data can be analyzed at a fine-grained level, allowing for detailed spatial analysis of economic patterns. This can help identify pockets of growth and disparities within regions.Reasons for Differences between Traditional Expenditure Approach and Night-light Data:
Informal Economy: The traditional expenditure approach relies on official economic data, which may not fully capture the informal sector. Data Limitations: Night-light data has its limitations. It primarily measures economic activity related to lighting, which may not capture other dimensions of economic growth such as services or knowledge-based industries. Urbanization Bias: Night-light data tends to be more representative of urban areas with higher population density and greater access to electricity. Structural Changes: The traditional expenditure approach focuses on consumption and investment, while night-light data primarily captures the energy consumption associated with lighting.For such more question on economic:
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Bob is a recognized french horn player. Bob has played for several major symphonies. Last year Bob went through bankruptcy and in order to pay his rent for a couple of months took out loans from a small bank - Avarice Bank - and pledged his french horn as collateral. He was unable to make the first payment on the loan so the bank was getting ready to take the french horn for non-payment. Bob approached the director of the Gilroy Philarmonic International Symphony - Joe - for help - asking him to guarantee payment so he does not lose his french horn. Joe agreed to guarantee the payment - partially because Bob is scheduled as the featured performer at the Classic Polka Festival in Gilroy which Joe manages. Joe called Avarice Bank and said if Bob could not pay, he would, and Avarice accepted his guaranty by phone. Bob played for the Polka Festival (it was very successful), but immediately after, left town and his whereabouts are unknown. Avarice has contacted Joe and indicated they have not collected from Bob and they expect Joe to pay the debt. Joe told Avarice they did not have anything in writing from him (though there are witnesses who heard Joe guarantee payment) and he believes he will not be liable for Bob's debt. Avarice has indicated it will file suit for payment against Joe. I
nstructions: Answer the following questions about this case:
Issue: What is the legal issue/dispute? (Be specific. Don’t just say Contract Law)
Decision: Who should prevail?
Support: Provide support for your decision. Describe what the law says about situations like this, and how it applies to this case.
Answer:
In this case, we analysed three problems, which are The issue, The decision and The support.
The issue of the dispute was does guarantee on phone for payment debt) valid and enforceable in the court of law.
The decision was centered on whether a contract is needed to be in writing and if it should bear the signatures of both parties in order for it to be enforceable.
The support centered on the assurance of the repayment of debt contract in which authorities the creditor to get back the money from the guarantor, if the debtor fails on payment.
Explanation:
Solution
The Issue : Does guarantee on phone for a debt payment is valid and enforceable in a court of law.
Decision : The guarantee is a contract and needs to be in writing and should bear the signatures of the parties in order to be enforceable. In this case, the guarantee for the debt repayment by Bob was given by Joe on phone, which does not fulfill the requirement of the contract to be enforceable.Hence the bank would not succeed in claiming payments from Joe.
Support : Guarantee for repayment of debt is a contract that authorities the creditor to recover the money from the guarantor if the debtor defaults on payment. However, the guarantee contract should be in writing ( in legal systems of most of the countries) and should be signed by the guarantor. In absence of a written contract and signature of the guarantor, the contract can't be enforced in a court of law, which is in this case. The bank should have insisted only on the written and signed consent of guarantee from Joe. As it did not, it can't hold him liable for the breach of guarantee contract.
Which of the following best explains why a country might specialize in the production of a good?
O Consumers in the country only demand a single good.
O The country believes it is generally better to do one thing really well than multiple things.
The country cannot produce other goods and services.
Specialization allows the country to exchange for more of other goods than it could produce.
The best explanation for why a country might specialize in the production of a good is specialization allows the country to exchange for more of other goods than it could produce (option D).
Specialization in the production of a particular good enables a country to take advantage of its available resources, labor, and technology to produce that good more efficiently and at a lower cost compared to other countries. As a result, the country can sell its specialized good to other countries in exchange for other goods that it needs but cannot efficiently produce on its own.
For example, if a country specializes in the production of coffee, it can produce coffee beans at a lower cost and higher quality than other countries due to its favorable climate and available resources. The country can then trade its coffee for other goods that it cannot produce as efficiently, such as electronics or machinery.
Specialization also leads to increased productivity and efficiency, as workers can focus on producing a specific good and become highly skilled in that area. This can lead to technological advancements and innovations, which can further improve production efficiency and competitiveness in the global market.
In conclusion, specialization allows a country to leverage its strengths in the production of a specific good, trade it for other goods it needs, and increase productivity and competitiveness.
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the following balance where extracted from the book of Alfsal, a sole trader as at 31/12/2014 capital 198000 ,drawing 10700, building 300000, office equipment (cost le 22000) 15000, patent 24000, delivery van at cost63000, Accumulated depreciation delivery vans 14000, stock 01/01/2014 29000, sale485,000, purchase 196000, return outward 5300, return inward 17000, creditor 21900, debtor 34800, discount received 1400, wages and salaries 105,000, general expenses 13000,stationary 4800, tem loan(received on 01/04/2014) 50,000. vat 17300. provision for bad debts 2500. Advertising 5700. insurance 9,000. loan interest paid 1,000. bank42,600. PRSI/USU 10,200. profit and loss balance 01/01/2014 65,000. you are given the following aditional information: stock for resale at 31/12/2014 was le 19,000. stationary paid in advance was le 1,200. provision should be made for interest due on loan. the rate of interest is 6%per annum. wages and salaries are to be divided 75%for employees and drawings. building 10% of cost. delivery van 10% of net book value. office equipment 20% of cost. provision for bad debts is to be adjusted to 10% of debtors . you are required to prepare a trading and profit and loss account for the year ended 31/ 12/2014. balance sheet as at 31/12/2014.
Here is the trading and profit and loss account for the year ended 31/12/2014:
The Trading and Profit and Loss AccountFor the year ended 31/12/2014
Particulars Amount
Sales €485,000
Less: Cost of Goods Sold €196,000
Gross Profit €289,000
Less: Expenses
- Wages and Salaries (75%) €78,750
- General Expenses €13,000
- Stationary €4,800
- VAT €17,300
- Provision for Bad Debts €3,480
- Advertising €5,700
- Insurance €9,000
- Loan Interest €600
- PRSI/USU €10,200
Net Profit €157,370
Here is the balance sheet as at 31/12/2014:
Balance Sheet
As at 31/12/2014
Assets Liabilities
Cash €42,600
Bank €1,200
Debtors €34,800
Stock €19,000
Capital €213,570
Drawings €10,700
Building €300,000
Office Equipment €15,000
Patent €24,000
Delivery Vans €49,000
Accumulated Depreciation €28,000
Provision for Bad Debts €3,730
Loan €50,000
Profit and Loss €157,370
Total €618,570
Total €618,570
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What would be the average tax rate for a person who paid taxes of $8,016.30 on a taxable income of $63,220? (Enter your answer as a percent rounded to 2 decimal places.)
Answer: trtrtr
Explanation:rtrrtrr
all exculpatory clauses are against public policy and therefore, void.
Question 3 options:
True
False
Answer:
This is a law question.
Explanation:
what are some fixed costs of a grocery store
Answer:
Rental lease payments, property taxes, interest expenses, insurance, or salaries.
Explanation:
Fixed costs are the expenditures that doesn't change base on sales.
10-10. Why does CrowdStrike’s appointment to the Forbes list of best places to work point to long-term success for the company?
CrowdStrike's appointment indicates long-term success because it suggests that the company has a positive workplace culture and values which can lead to higher employee retention rates and increased productivity.
How does CrowdStrike's inclusion contribute to long-term success?As CrowdStrike's is recognized as top employer by a prestigious publication, Forbes can enhance its reputation and brand image which can help attract top talent and retain current employees.
This inclusion also indicates that the company is dedicated to providing a positive work environment and investing in its employees' well-being. All this can result in higher job satisfaction, increased employee engagement and improved productivity which can all contribute to the company's long-term success.
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Williams Company uses the weighted-average method in its process costing system.
The Packaging Department started the month with 400 units in process that were 80% complete, receiving 3,000 units from the Cutting Department. The packaging department had 300 units in process at the end of the period that are 50% complete.
All materials are added at the beginning of the process and conversion is added uniformly.
From the Packaging Department, units are transferred to Finished Goods.
For direct material, the equivalent units of production for the Packaging Department is ________.
Answer:
Equivalent units of production for the finishing department: 3250
Answer:
Actually, the answer is 3400 units
Explanation:
First, determine how many units were completed and transfered out of the Packaging Department:
Completed & transferred out
= Beginning work-in-process + Transferred in – Ending work-in-process
= 400 + 3,000 – 300
= 3,100 units completed and transferred
Next, calculate the equivalent units of production for direct material:
Completed units:
3,100 units
x
100%
=
3,100 EUP for direct materials
In process units:
300 units
x
100%
=
300 EUP for direct materials
Total EUP for direct materials
=
3,400 EUP for direct materials
For in process units, use 100% becuse the direct materials are added at the beginning of the process If the units are started, then 100% of the materials have been added.
This function of marketing is responsible for identifying and reducing risks associated
with marketing decisions. Choose the answer.
O financing
Opricing
O promotion
Orisk management
This function of marketing is responsible for identifying and reducing risks associated with marketing decisions is risk management. So risk management is correct option of the given statement.
How does risk management work?IT risk management refers to the use of risk management techniques to handle IT threats. Procedures, guidelines, and tools for evaluating possible risks and weaknesses in IT infrastructure are part of IT risk management.
What function does risk management play in general?The process of discovering, evaluating, and managing risks to people, assets, liabilities, and income is known as risk management. The ultimate purpose of risk management is the preservation of the organization's material and human resources to ensure the smooth continuation of its business operations.
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Answer:
D. Risk Management
Explanation:
which research aims at finding a solution for an immediate problem facing a society or an industry/business organisation
Answer:
Applied research
Explanation:
Applied research can be regarded as methodology that is used in solving a specific as well as practical issue that has effect on an individual or group.
This particular scientific method of study and research could be used in business, education, as well as medicine in order to create solutions which may improve health as well as solving scientific problems to development of new technology.
Applied research which is a research methodology used in creation of practical solutions for specific problems. It should be noted that Applied research aims at finding a solution for an immediate problem facing a society or an industry/business organisation
describe the roles organizations have in the global economy
Their duties include upholding safety standards, assisting developing nations in achieving economic stability, and defining conventions for how nations negotiate trade deals and settle disputes.
This is further explained below.
What is the global economy?Generally, The term "global economy" refers to the aggregate of all economic transactions and activities that take place not just inside a country but also between nations.
Every nation is its own self-contained entity, complete with its own unique output of manufactured goods, labor market, financial market, resources, and natural environment.
In conclusion, Their responsibilities include preserving safety standards, supporting developing countries in attaining economic stability, and creating conventions for how states negotiate trade agreements and resolve disputes.
In addition, they are tasked with assisting in the resolution of disputes.
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list the 6 areas of internet
Answer:
1. Communication Services.
2. File Transfer.
3. Web Services.
4. Directory Service.
5. Information Retrieval Services.
6. Automatic Network Address Configuration.
Explanation:
I hope it helps! Have a great day!
bren~
Sally is explaining what a career ladder is to her friend. . How could she BEST explain a career ladder?
A.
It emphasizes that it’s a long, hard climb to succeed in any career.
B.
It compares positions to the rungs of a ladder that can be climbed to reach a goal.
C.
It means that the right tool makes it easier to advance in an academic or career plan.
D.
It reminds people not to settle for jobs that don’t match their interests or goals.
A career ladder can be best explained as a process where the position top the rungs of a ladder that can be climbed to reach someone's career goals.
What is a career ladder?A career ladder can be explained as a progress or promotions that a person makes while gaining skills and experiences in their workplace, which leads to their promotion in the organization.
Hence, option B is the best explanation of a career ladder.
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What can HR professionals do to mitigate concerns about pregnancy discrimination in the workplace? What does the law say companies need to do to avoid violating the rights of pregnant employees?
With our combined efforts as one HR, there is no cause we cannot influence. Knowing the law and interacting with expectant women are the greatest ways to stop pregnancy prejudice.
Employers place a high premium on discouraging pregnancy prejudice. The Pregnancy Discrimination Act of 1978's new EEOC rules have made it a particularly controversial topic in today's society. The best thing you can do to defend yourself in court is to train all managers or supervisors, but especially those who are directly in charge of supervising workers.
When you learn that a coworker is pregnant, you must show her respect and use caution. You should merely express gratitude to the worker for informing you. Offer pregnancy prejudice your support and assure her that, if necessary, you would make accommodation's that are reasonable in nature for her.
Never indicate that an employee's pregnancy is a burden on the company, and neither should your supervisors. Before approaching a pregnant employee, ask a member pregnancy prejudice of your human resources team any questions you may have about what to ask or not ask.
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q Conflict Consequences 2 Difference between critical and Creative thinking. 3. Positive Use & Teisure time 41m Portance & Self Identity Svalues associated with creative Thinking
Critical thinking involves analyzing and evaluating information, while creative thinking involves generating new ideas and solutions. Positive use of leisure time includes engaging in activities that promote personal well-being, learning, self-improvement, socializing, and exploring new experiences.
Difference between critical and creative thinking:
Critical thinking is a cognitive process that involves analyzing and evaluating information or arguments in a logical and systematic manner. It focuses on objective analysis, reasoning, and problem-solving. Critical thinking requires the ability to question assumptions, recognize biases, and assess evidence to form well-reasoned judgments or decisions.
On the other hand, creative thinking involves generating new ideas, insights, or solutions. It is a process of divergent thinking, breaking away from conventional thoughts and exploring alternative perspectives.
Creative thinking often involves combining different ideas, making connections, and thinking outside the box. It encourages imagination, flexibility, and the ability to embrace uncertainty.
While critical thinking aims to assess and evaluate existing information or arguments, creative thinking aims to generate new possibilities or approaches. Critical thinking seeks to analyze and deconstruct, while creative thinking seeks to synthesize and construct.
Positive use of leisure time:
Leisure time refers to the period when individuals are free from work or other obligations and can engage in activities of their choice. Positive use of leisure time involves engaging in activities that contribute to personal well-being, growth, and fulfillment. Here are some examples:
Pursuing hobbies and interests: Engaging in activities such as painting, playing a musical instrument, gardening, or sports can provide relaxation, personal enjoyment, and a sense of accomplishment.
Learning and self-improvement: Using leisure time to learn new skills, read books, take online courses, or engage in personal development activities can enhance knowledge, broaden perspectives, and foster personal growth.
Physical and mental well-being: Allocating leisure time for exercise, meditation, yoga, or other wellness activities promotes physical fitness, reduces stress, and enhances overall well-being.
Socializing and building relationships: Spending leisure time with family, friends, or participating in community activities helps foster social connections, build relationships, and strengthen support networks.
Exploring new experiences: Traveling, visiting museums, attending cultural events, or trying new cuisines broadens horizons, provides exposure to different cultures, and creates memorable experiences.
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how might a business be in violation of a truth in advertising law?
Answer:
By claiming its product is healthy without having any scientific evidence
The Chinese economy is BEST classified as a
Answer:
socialist market economy
Explanation:
Hope this helps! Please mark brainliest!
The Chinese economy is best classified as a socialist market economy.
What is socialist market economy?Market socialism, which involves public, cooperative, or social ownership of the means of production, is based on a market economy, or one with a mix of worker-owned, nationalized, and privately owned firms.
Governments are in charge of wealth redistribution and closing the wealth gap in socialist economies. Though it is believed that no modern country has a "pure" socialist system, North Korea, China, and Cuba all include major socialist market economy components.
The supply and demand on the general market determine how goods and services are created. This kind of economic system is known as a market economy.
Thus, it is a socialist market economy.
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Complete the sentence about the most important parts of an email. Before sending an email, you must include the email addresses of one or more recipients in the address box and mention the topic of the mail in the box
Before sending an email, you must include the subject line of the email addresses of one or more recipients in the address box and mention the topic of the mail in the box.
Email, often known as electronic mail, is the process by which one user sends one or more recipients computer-stored communications through the internet. Emails are a convenient, quick, and affordable means of communication for both personal and professional purposes. If a user has an internet connection, which is normally provided by an internet service provider, they can send emails from any location.
Email can be sent and received between many computer networks, most notably the internet, but it can also be sent and received through both public and private networks, such as a local area network. Both lists of persons and single recipients can receive emails. Using an email reflector, one can control a common distribution list. In order to subscribe to some mailing lists, users must submit a request to the mailing list administrator.
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Reconcilling supply and demand has four overlapping activities, indicate these activites
To reconcile supply and demand, there are four overlapping activities. The four overlapping activities that help reconcile supply and demand are as follows:
Activity 1: Forecasting - The first step is forecasting, which entails predicting demand for goods and services. It is a quantitative process that includes data gathering, data cleansing, and mathematical modelling.
Activity 2: Planning - Planning is the second step. Planning involves identifying the resources needed to meet the anticipated demand, as well as allocating the available resources efficiently.
Activity 3: Execution - Execution is the third step. Execution entails efficiently managing the flow of goods and services from suppliers to customers, ensuring that the appropriate product and service is provided at the correct location, and ensuring that demand is satisfied.
Activity 4: Monitoring - Finally, the process includes monitoring the performance of the activities and the supply chain as a whole. It entails comparing actual performance to expected performance and identifying areas for improvement.
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Which of the following statements is true of the corporate strategy of an organization
Answer:
I need the choices to choose from.
Explanation:
The Jordan Company had the following transactions Aug. 3 Owner invested $9,000 to start the company Aug. 7 Purchased $500 of equipment on account Aug. 21 Purchased inventory for $6,000 Aug. 25 Paid $350 for advertising Aug. 30 Sold services of $580 to a customer; sent bill to customer. After the transactions are recorded, what amount of cash would the company have
Based on the various transactions that the Jordan Company had during the month, the amount of cash they would have is $2,500.
What amount of cash Jordan have?The cash the company would be left with can be found as:
= Cash inflows - Cash outflows
This can be further broken down as:
= Investment - Equipment purchases - Inventory purchase
= 9,000 - 500 - 6,000
= $2,500
The services sold were not added because the bill had just been sent and no payment had been made.
In conclusion, they would have $2,500.
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