Using the information below, calculate the cost of goods manufactured for the period: Beginning Raw Materials Inventory $ 45,000 Ending Raw Materials Inventory 36,600 Beginning Work in Process Inventory 75,000 Ending Work in Process Inventory 84,000 Beginning Finished Goods Inventory 110,000 Ending Finished Goods Inventory 87,000 Cost of Goods Sold for the period 560,000 Sales Revenues for the period 1,274,000 Operating Expenses for the period 252,000
Answers
Answer:
cost of goods manufactured= $537,000
Explanation:
To calculate the cost of goods manufactured, we need to use the following formula:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
560,000= 110,000 + cost of goods manufactured - 87,000
cost of goods manufactured= 560,000 -110,000 + 87,000
cost of goods manufactured= $537,000
Related Questions
You are appointed by the trade union to represent the members of the union on resolving disputes on discrimination involving salary. Explain ways that can be used to resolve the disputes.
Answers
As the appointed representative of the trade union in resolving disputes related to salary discrimination, there are several ways to address and resolve such issues. Collaboration, evidence-based discussions, and a commitment to equality are essential in resolving disputes related to salary discrimination effectively.
Negotiation and Mediation: Encourage open dialogue between the involved parties, including the affected employees, management, and relevant stakeholders. Engage in negotiation and mediation to explore potential solutions and reach a mutually agreeable resolution. This can involve discussing concerns, presenting evidence of salary disparities, and working towards a fair and equitable compensation structure.
Collect and Analyze Data: Gather comprehensive data on salaries, job roles, qualifications, and performance evaluations to identify any discriminatory patterns. Conduct a thorough analysis to determine if there are significant differences in pay between individuals based on protected characteristics (such as gender, race, or age). This data can serve as evidence in support of addressing the discriminatory salary practices.
Policy Review and Implementation: Review existing policies and procedures related to salary determination and promotion practices within the organization. Identify any gaps or biases that contribute to discrimination. Advocate for the development and implementation of fair and transparent policies that promote equal pay for equal work and provide guidelines for salary negotiations, evaluations, and promotions.
Legal Support: If informal resolution attempts are unsuccessful, seek legal assistance to address the salary discrimination issues. Consult with labor or employment lawyers who specialize in discrimination cases to explore legal options, including filing complaints with relevant authorities or pursuing litigation if warranted.
Awareness and Training: Promote awareness and education on issues of salary discrimination within the organization. Conduct workshops, training sessions, or seminars to educate employees and management about equal pay rights, anti-discrimination laws, and the importance of fair and unbiased salary practices. This can help foster a culture of inclusivity and equity within the workplace.
Monitor and Follow-Up: Regularly monitor and review salary practices and the implementation of agreed-upon resolutions. Ensure compliance with any newly established policies and continue to address any emerging issues or concerns promptly. Ongoing monitoring and follow-up are crucial to ensure sustainable changes and prevent future occurrences of salary discrimination.
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Please help 17pts will also give the crown
Imagine that you have a friend who is struggling financially and is trying to choose a credit counseling service. Visit the FTC website here http://www.consumer.ftc.gov/articles/0153-choosing-credit-counselor to learn about what questions to ask, and then make a list of at least four questions your friend should ask the credit counseling service. (3-6 sentences)
Answers
He should ask the credit counselling agency a number of questions, including: What are your fees and how are they determined, Do you have a licence to offer credit counselling services in my state.
Is the programme for reducing credit card debt legitimate?The good news is that the federal government does take precautions to safeguard you against cons, gives online debt management guidance at Coping with Debt, and offers resources to assist you in paying your obligations.
Exists a programme for forgiving credit card debt?If you're considering debt forgiveness, these credit card debt relief programmes might be a possibility for you, especially if you've encountered a financial setback like a job loss, a divorce, or significant medical bills.
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If Mexico exports to Canada decline by $14 billion, by how much will Mexico's aggregate spending drop if their MPC is 0.8?
Answers
Answer:
\(14 \times 0.8 = (11.2\)
Although GDP is a reasonably good measure of a nation’s output, it is not an accurate measure of a nation’s well-being. Which of the following options are either not accounted for or are measured inaccurately in calculations of GDP for the United States? Check all that apply. The variety of goods available to consumers The parts of a car manufactured in the United States that are produced in Canada The value of babysitting services, when the babysitter is paid in cash and the transaction isn’t reported to the government The loss of enjoyment people incur when scenic land is converted to commercial use Federal government paychecks to soldiers
Answers
The value of babysitting services
Babysitter paid in cash and not reported
The loss of enjoyment
And land is converted
April's credit card has a balance of $483.42, but the amount that she needs to pay to bring the
card to a $0 balance is $726.18 because she missed a payment. What is April's interest rate?
Answers
The interest rate for April is 50.29%.
What is Interest ?In the fields of finance and economics, interest is the payment of a sum over and above the principal amount to a lender or depositor by a borrower or deposit-taking financial institution at a set rate.
It is not the same as a fee that the borrower might pay to the lender or another entity.
Given that April's credit card debt is $483.42 but that he needs to make a payment of $726.18, the interest rate for non-payment that he is subject to is as follows:
483.42 = 100
726.18 = X
((726.18 x 100) / 483.42) = X
= X
Consequently,
since 150.29 = 150.29 - 100 = 50.29 %
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Based on the following data, what is the amount of working capital?
Accounts payable $65280
Accounts receivable 116280
Cash 71400
Intangible assets 102000
Inventory 140760
Long-term investments 163200
Long-term liabilities 204000
Short-term investments 81600
Notes payable (short-term) 57120
Property, plant, and equipment 1366800
Prepaid insurance 2040
$377400
$332520
$289680
$338640
Answers
The amount of working capital of the company is $289680
Compute the working capital for the company?
Working means the amount of cash resources and other liquid resources the firm has at its disposal to run its daily operations, it is computed as current assets minus current liabilities.
Current assets=accounts receivable+ cash+ inventory+ Short-term investments+ Prepaid insurance
Current assets=116280+71400+140760+ 81600+2040
Current assets=$412080
Current liabilities=accounts payable+ notes payable
current liabilities=65280+57120
current liabilities=$122400
working capital=412080-122400
working capital=$289,680
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1) Which of the following statements is false? A) The variance increases with the magnitude of the deviations from the mean. B) The variance is the expected square deviation from the mean. C) Two common measures of the risk of a probability distribution are its variance and its standard deviation. D) If the return is risk-free and never deviates from its mean, the variance is one.
Answers
Answer:
D) If the return is risk-free and never deviates from its mean, the variance is one.
Explanation:
In the given case, the following statements are true:
a. In the case when the variance increased so the deviation magnitude from the mean is also increased
2. The variance is the predicted square deviation from the mean
3. And, the two common measures of the risk is the variance and the standard deviation
But when the return is risk less so the variance should be zero not one
Therefore the option d is false
A major glass factory just closed because it wasn't making enough money to sustain itself. As a result, hundreds of workers lost their jobs. In addition to impacting the people who are now unemployed, what impact does this factory closure have on other businesses in the area
Answers
Answer:
They are very sad now because they liked the old factory.
JebCo has a $600,000 mortgage payable. The mortgage has a 4% interest rate. JebCo's monthly payments are $4,546. (Round all answers to the nearest dollar). a. Prepare the journal entry to record the first monthly payment on June 30, 2020? 6/30/2020 b. What is the Principal Balance of the Mortgage after the second monthly payment?
Answers
Answer:
a.
6/30/2020
Dr. Interest Expense ______ $2,000
Dr. Mortgage Loan Payable _ $2,546
Cr. Cash ________________ $4,546
b.
The Principal Balance of the mortgage is $594,899.51
Explanation:
As the monthly payment of $4,546 includes the principal and interest payment as well. First we need to determine the interest payment and then the residual value of the payment will be assigned to the principal payment.
a.
First Monthly payment
Interest payment = $600,000 x 4% x 1/12 = $2,000
Pricipal Payment = Monthly payment - Interest payment = $4,546 - $2,000 = $2,546
Balance of mortgage after payment = $600,000 - $2,546 = $597,454
Second Monthly payment
Interest payment = $597,454 x 4% x 1/12 = $1,991.51
Pricipal Payment = Monthly payment - Interest payment = $4,546 - $1,991.51 = $2,554.49
Balance of mortgage after payment = $597,454 - $2,554.49 = $594,899.51
11. a. Suppose David spends his income M on goods x1 and x2, which are priced p1 and p2, respectively. David’s preference is given by the utility function
(1, 2) = √1 + √2.
(i) Derive the Marshallian (ordinary) demand functions for x1 and x2. (25 marks)
(ii) Show that the sum of all income and (own and cross) price elasticity of demand
for x1 is equal to zero. (25 marks) b. For Jimmy both current and future consumption are normal goods. He has strictly convex and strictly monotonic preferences. The initial real interest rate is positive. If the real interest rate falls, in each of the following cases, argue what will happen to his period 2 consumption level? Clearly illustrate your argument on a graph.
(i) He is initially a borrower. (25 marks)
(ii) He is initially a lender. (25 marks)
Answers
Answer:
Explanation:
D
Bailey Delivery Company, Incorporated, was organized in 2021 in Wisconsin. The following transactions occurred during the year:1. Received cash from investors in exchange for 10,000 shares of stock (par value of $1.00 per share) with a market value of $4 per share.2. Purchased land in Wisconsin for $16,000, signing a one-year note (ignore interest).3. Bought two used delivery trucks for operating purposes at the start of the year at a cost of $10,000 each; paid $4,000 cash and signed a note due in three years for the rest (ignore interest).4. Paid $1,000 cash to a truck repair shop for a new motor for one of the trucks. (Increase the account you used to record the purchase of the trucks because the productive life of the truck has been improved.)5. Sold one-fourth of the land for $4,000 to Pablo Development Corporation, which signed a six-month note.6. Stockholder Helen Bailey paid $27,600 cash for a vacant lot (land) in Canada for her personal use.At the end of the next two years, Bailey Delivery Company reported the following amounts on its balance sheets:December 31 December 31 2022 2023Current Assets $52,000. $47,000Long-term Assets 38,000 73,000Total Assets 90,000 120,000Short-term Assets Notes Payable. 23,000 40,000 Long-term Notes Payable 17,000 20,000Total Liabilities 40,000 60,000Stockholders Equity. 50,000 60,000Compute the company's current ratio for 2021, 2022, and 2023. Note: Round your answers to 2 decimal places.Year Current Ratio2021 _____2022 2.262023 1.18
Answers
Cash, cash accounts, short-term investments, receivable accounts, inventory, supplies, and pre-paid expenditures are a few instances of current assets.
What is meant by a current asset?An asset that a business owns and that can be quickly sold or used to generate liquid currency is known as a current asset.
Calculation of current Assets for 2021
Cash receivd from common stock 40,000
Less cash paid for purchasing truck -4000
Cash paid for truck repair -1000
Notes receivable 4000
Total current Assets 39000
Calculation of current liabilities for 2021
Short term notes payable 16000
Total current liabilities for 2021 16000
Note payable for three years is a long term liability
Calculation for current ration
Years 2021 2022 2023
Current Assets(A) 39000 52000 47000
Current liabilities(B) 16000 23000 40000
Current ration (A/B) 2,44 2.26 1.18
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Your friend is confused about page numbers in an MLA style research paper, so you decide to help her and explain. Which of the following should you tell your friend to help her understand the formatting of page numbers?
Page numbers are in the header, left aligned, and preceded by the writer's last name. Font for page number and last name is Times New Roman, size 12.
Page numbers are in the header, right aligned, and preceded by the writer's last name. Font for page number and last name is Times New Roman, size 10.
Page numbers are in the header, right aligned, and preceded by the writer's last name. Font for page number and last name is Times New Roman, size 12.
All of the above
Answers
Your friend is confused about page numbers in an MLA style research paper, so you make your friend understand that page numbers are in the header, right aligned, and preceded by writer's last name. Font for page number and last name is Times New Roman, size 12.
To write a research paper in MLA style format, one needs a running header with their last name and page number right aligned, 1-inch margins on all sides, also there are indents when starting a new paragraph, and a readable font.
With that, one will also cite your sources in-text and on your works cited page using MLA style format citations. Thus, when formatting a paper in MLA style use an easily readable font like Times New Roman, size 12, set one inch page margins, also apply double line spacing.
Hence, option C is correct.
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Shane is a newly hired inventory manager at a manufacturing firm. What can he do to avoid shortages or excess quantity of inventory?
Answers
Answer:
take inventory on how much product he has and how much he needs
Explanation:
Answer:
Honestly not sure but I personally put "C. plan appropriate order cycles for the inventory"
Explanation:
Plato
The results of inspection of DNA samples taken over the past 10 days are given below. Sample size is 100.
Answers
The upper and lower 3 - sigma chart limits would be 18.32 and 0 respectively.
How to find the upper and lower chart limits ?The 3-sigma control chart is a type of control chart that uses a mean line and control limits that are three standard deviations above and below the mean.
The mean is :
= (7 + 9 + 9 + 11 + 7 + 8 + 1 + 10 + 13 + 2) / 10 = 77 / 10
= 7.7
The standard deviation (σ ) is :
= √ ([0.49 + 1.69 + 1.69 + 10.89 + 0.49 + 0.09 + 44.89 + 5.29 + 28.09 + 32.49] / 10)
= √([125.1] / 10)
= √[12.51]
= 3.54
Upper control limit (UCL) = mean + 3σ = 7.7 + 3 * 3.54
= 18.32
Lower control limit (LCL) = mean - 3σ = 7.7 - 3 * 3.54
= -2.92
The lower control limit cannot be negative because we cannot have a negative number of defective items. So, in practice, set the lower control limit at zero.
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finance and financial planning professionals have to work with clients on a (what) basis?
monthly
daily
weekly or
rare
Answers
Monthly customer interaction is necessary for those in finance and financial planning. As a result, choice (A) is right.
According to common use, a financial planning is a thorough assessment of a person's present financial situation and anticipated future financial status that uses current known variables to forecast future earnings, asset values, and withdrawal schedules.
A budget that organizes a person's finances is frequently included in this, as well as perhaps a list of actions or precise objectives for interaction future spending and saving.
This plan divides up future income into several categories of costs, such rent or utilities, while also setting aside a portion for both short- and long-term savings.
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In which situation would a banker's draft be used?
A. When a person is traveling in another country and does not want
to carry a lot of cash
B. When a buyer doesn't want to wait for the seller to confirm that
funds exist in an account
C. When a buyer wants to purchase a large number of items at once and wants the seller to have quick access to funds
D. When the person making the payment wants money to be
available in the receiving bank's account
Answers
Banker's draft can be used when the person making the payment wants money to be
available in the receiving bank's account.
What is bank draft?Banker's draft is a a form of cheque that is given to a customer at the bank either for a purchase payment.
It can also be brought to another bank for remittance, it serves as evidence for transactions.
Therefore, a banker draft can be used when the person making the payment wants money to be
available in the receiving bank's account.
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Answer:
D. When the person making the payment wants money to be
available in the receiving bank's account
Explanation:
A banker's draft is used as a guarantee of payment to another bank or financial institution. Nonetheless, when someone wants money to be available in the receiving bank's account they use a banker's draft.
analyze product, price and cost in relationship in the market
Answers
Answer:
ok
Explanation:
wjeres the picthere is no picyure attached
Negative factors that are internal would be which of the following?
Weakness
Opportunity
Threat
Strength
Answers
Answer:
Weakness
Explanation:
The most highlighted negative internal factor is weakness. Inner strength stands to be the positive internal factor. When financial, physical, and human resources fall short or decrease there arises a complexity in any business organization that later becomes the reason for weakness. Weaknesses prove to provide an adverse effect on the firms and business organizations. They pull the productivity and hampers the processes.
Answer:
Weakness
Explanation:
The only other thing that's negative is a threat, but threats happen in the real world, while weakness is something someone feels on the inside.
Brief Exercise 24-06 In October, Sheridan Company reports 20,900 actual direct labor hours, and it incurs $122,990 of manufacturing overhead costs. Standard hours allowed for the work done is 25,100 hours. The predetermined overhead rate is $4.95 per direct labor hour. Compute the total overhead variance
Answers
Answer:
Total overhead variance = $1,255 F
Explanation:
Total overhead variance is the sum of the expenditure variance and efficiency variance of overhead.
Absorbed overhead = Predetermined overhead rate per hour× Actual labour hour
Expenditure variance
$
standard cost of actual hours
= (20,900× $4.95) 103,455
Actual overhead = 122,990
Under-absorbed overhead 19,535 Adverse
Efficiency variance
(Standard hours - Actual hours)× pre-determined rate
(25,100- 20,900)× $4.95 = $20,790 Favorable
Total overhead variance = 20,790 F + 19,535 A =$1,255 F
Total overhead variance = $1,255 F
Discuss the challenge created for financial accountants by the presence of uncertainty.
Answers
Uncertainty creates challenges for financial accountants in accurately measuring, reporting, and disclosing financial information.
The presence of uncertainty poses significant challenges for financial accountants. Uncertainty refers to the lack of predictability or reliability in future events or outcomes, which makes it difficult to accurately measure and report financial information. Here are some key challenges created by uncertainty:
Measurement and valuation: Uncertainty makes it challenging to determine the appropriate measurement and valuation of assets, liabilities, revenues, and expenses.
Financial accountants must make estimates and judgments based on available information, assumptions, and professional judgment. However, the accuracy of these estimates may be compromised by the inherent uncertainty.
Financial statement presentation: Uncertainty affects the presentation of financial statements. Accountants must disclose the nature and extent of significant uncertainties that could impact the company's financial position and performance. However, determining which uncertainties are material and require disclosure can be subjective and complex.
Risk assessment: Uncertainty introduces risk into financial reporting. Accountants need to assess and manage risks associated with uncertain events, such as changes in market conditions, legal disputes, or environmental factors. They must consider the potential impact of these risks on financial statements and disclose them appropriately.
Forecasting and decision-making: Uncertainty makes forecasting and decision-making challenging for financial accountants. They need to analyze financial data and projections while considering the potential impacts of uncertain factors.
This requires them to use sophisticated models, scenario analysis, and sensitivity analysis to assess the range of possible outcomes.
Regulatory compliance: Financial accountants must comply with accounting standards and regulatory requirements. Uncertainty adds complexity to compliance efforts, as new and evolving regulations may require additional disclosures or adjustments to financial statements to reflect uncertain events or future obligations.
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"In connection with a new issue offering of a sought-after tech company issue, the underwriter offers shares to the officers of a manufacturing company that hired the firm 6 months ago to advise on a potential acquisition. Under FINRA rules, this is:"
Answers
Answer:
Under FINRA rules, this is:
A conflict of interest.
Explanation:
The underwriter has advised on the potential acquisition and is now offering the shares to the officers of the manufacturing company that hired the underwriting firm. The underwriter should have allowed the officers of the manufacturing company to purchase the shares on their own since it is a public offering and not a private placement. The information is already in the public domain. By offering the shares directly to the officers, it looks as if the underwriter is trying to compensate them for the contract it received earlier.
Read the case, The Walt Disney Company and Pixar Inc, and the assigned article, When to Ally and When to Acquire (HBS), and respond to the following question:
Should Disney buy Pixar? Why or why not?
Answers
Disney should buy Pixar.
By purchasing Pixar, Disney had access to a talent pool that included both artistic and technical experts. Disney was going to benefit greatly from this. Disney and Pixar can produce more films in a year thanks to their combined resources and labor, adding value to the company.
Walt Disney now has access to Pixar's technology, which was crucial for them to have. Additionally, it gave Walt Disney access to fresh characters that would support the company's development of new revenue sources. Walt Disney also has a library of well-known cartoon characters that it could lend to Pixar.
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PLEASE HELP HURRY!! 20 POINTS!! WILL MARK BRAINLIEST IF CORRECT!
You are a concerned constituent, and you want to help your House Representatives member or Senator draft a bill that would help the federal government raise revenue. Where should you submit the bill?
directly to the President for his signature
either to your Congressional District Representative or Senator
only to your Senator
only to your Representative
Answers
Answer:
to the president
Explanation:
because he has to see if he has to veto or pass it
Magnificent Blooms is a florist specializing in floral arrangements for weddings, bo graduations, and other events. Magnificent Blooms has a fixed cost associated with space and equipment of $100 per day. Each worker is paid $50 per day. The daily production § function for Magnificent Blooms is shown in the accompanying table. © Macmil Submit All Quantity of labor (workers) 0 1 2 3 4 5 a. Calculate the marginal product of each worker. Quantity of floral arrangements 0 5 9 12 14 15 Marginal product Quantity of labor (workers) 1 2
Answers
The marginal product of each worker for Magnificent Blooms is as follows: Worker 0: N/A: Worker 1: 5: Worker 2: 4: Worker 3: 3: Worker 4: 2: Worker 5: 1
To calculate the marginal product of each worker for Magnificent Blooms, we need to determine the change in the quantity of floral arrangements resulting from each additional worker.
Here's how to calculate the marginal product for each worker:
Worker 0: Since there are no workers (0 workers), the quantity of floral arrangements is 0. Therefore, the marginal product for worker 0 cannot be calculated.
Worker 1: The quantity of floral arrangements with 1 worker is 5. To calculate the marginal product for worker 1, we subtract the quantity of floral arrangements with 0 workers from the quantity with 1 worker: 5 - 0 = 5.
Worker 2: The quantity of floral arrangements with 2 workers is 9. To calculate the marginal product for worker 2, we subtract the quantity of floral arrangements with 1 worker from the quantity with 2 workers: 9 - 5 = 4.
Worker 3: The quantity of floral arrangements with 3 workers is 12. To calculate the marginal product for worker 3, we subtract the quantity of floral arrangements with 2 workers from the quantity with 3 workers: 12 - 9 = 3.
Worker 4: The quantity of floral arrangements with 4 workers is 14. To calculate the marginal product for worker 4, we subtract the quantity of floral arrangements with 3 workers from the quantity with 4 workers: 14 - 12 = 2.
Worker 5: The quantity of floral arrangements with 5 workers is 15. To calculate the marginal product for worker 5, we subtract the quantity of floral arrangements with 4 workers from the quantity with 5 workers: 15 - 14 = 1.
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What type of communication takes place when announcements in offices are made through public announcement systems?
A.
interpersonal communication
B.
written communication
C.
mass communication
D.
public communication
E.
intrapersonal communication
Answers
process of elimination..
B. (it’s verbal communication, not written)
C. (i highly doubt this is a possible answer.....but you are always willing to test that out for yourself)
E. (interpersonal is a conversation with oneself or “within a person”)
so now you’re left with A or D
Answer:
mass communication
Explanation:
I asked the teacher, she looked at the answer key and said
Bonds contain three important pieces of information. These three pieces are the
d.name of the borrower, the repayment date, and the amount due at repayment.
Answers
The Forest Stewardship Council (FSC) created standards to define sustainable timber
in 1993 with the idea being that businesses and consumers would be willing to do
what for timber companies who use sustainable practices?
1. Opay less and abandon
2. pay more and support
3. applaud and recognize
4. recommend and advertise
Answers
Recommend and advertise.FSC is a worldwide organization with members, employees, certificate and promotional license holders, and responsible consumers.
What is FSC and what does it do in the forestry industry?FSC is a worldwide organization with members, employees, certificate and promotional license holders, and responsible consumers. By banding together, we can make sure that we utilize forests and forest products in a responsible manner, changing the global forest trend toward sustainable use, conservation, restoration, and respect for all.
What does the Forest Stewardship Council aim to achieve?The objective of the Forest Stewardship Council is to encourage commercially successful, socially beneficial, and environmentally sound management of the world's forests. Our goal is to fulfill our current demand for forest products while maintaining the health of the world's forests.
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4. During a slow business period, an associate sees a new hire having trouble answering a customer's questions. The customer is ready to leave. What should the
associate do?
O A. Step in and say, "Here, let me help," then ring the sale
OB. Approach them and ask, "Can I help answer any questions?
OC. Alert the manager that the new hire needs help
D. Watch without interrupting and advise the new hire after the customer leaves
Answers
In this situation, the most appropriate course of action for the associate would be to choose option B: Approach them and ask, "Can I help answer any questions?"
In this situation, the most appropriate course of action for the associate would be to choose option B: Approach them and ask, "Can I help answer any questions?" By approaching the new hire and offering assistance, the associate demonstrates teamwork and a willingness to support colleagues. This approach allows the new hire to handle the customer interaction directly, gain experience, and build confidence. However, the associate's presence and offer to help signal that they are available to step in if needed. Interrupting the interaction completely, as in option A, may undermine the new hire's ability to learn and handle customer inquiries independently. It is essential to strike a balance between providing support and allowing the new hire to develop their skills. Option C, alerting the manager, should be reserved for situations where the new hire is struggling consistently or if the customer's concerns are not being addressed. It is generally more effective to offer immediate assistance before involving higher-level management. Option D, watching without interrupting and advising the new hire afterward, misses the opportunity to salvage the customer's experience in real-time. Addressing the customer's concerns promptly and preventing them from leaving is crucial for maintaining customer satisfaction and loyalty. In summary, approaching the new hire and offering assistance while the customer is still present (option B) strikes a balance between supporting the new hire and ensuring a positive customer experience.
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: Which type of technology is best for laying out financial projections?
Answers
Answer: Spreadsheets
Explanation: Spreadsheets allow you to foresee and edit data, while also seeing the past data to help towards ones future business goals.
The type of technology that is best for laying out financial projections is spreadsheets.
What is technology?Research is addressed the economic important aspects of human life through technology. Getting activities easier and resolving many of humanity's problems are the main goals of technology.
To determine the expected revenue and expenses for your company, financial projections use actual or projected financial data.It aids in determining when capital investments are most beneficial and when you might need assistance.
A spreadsheets tool like Excel enables anyone to simply use the document to satisfy their expectations. The spreadsheet is based on paper formulas but is software-based.
Spreadsheets enable you to view previous information to track in achieving one's potential career objectives while also allowing you to predict and change information.
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(2) What would happen to the bond's value if inflation fell and r declined to 7%? Would we now have a premium or a discount bond? (3) What would happen to the value of the 10-year bond over time if the required rate of return remained at 13%? If it remained at 7%? (Hint: With a financial cal- culator, enter PMT, I/YR, FV, and N, and then change N to see what happens to the PV as the bond approaches maturity.)
Answers
If inflation fell and the required rate of return (r) declined to 7%, the bond's value would increase, resulting in a premium bond. The value of the 10-year bond would increase over time if the required rate of return remained at 13% and decrease if it remained at 7%.
If inflation fell and the required rate of return (r) declined to 7%, the bond's value would increase. When inflation decreases, the purchasing power of future bond payments increases, making the bond more attractive. Additionally, as the required rate of return decreases, the present value of the bond's future cash flows increases, leading to a higher bond value. This situation would result in a premium bond.
Regarding the value of a 10-year bond over time, if the required rate of return remained at 13%, the bond's value would decrease as it approaches maturity. The higher required rate of return implies a higher discount rate applied to the bond's future cash flows, reducing its present value over time.
On the other hand, if the required rate of return remained at 7%, the bond's value would increase as it approaches maturity. The lower required rate of return results in a lower discount rate applied to the bond's future cash flows, leading to a higher present value.
Overall, the value of a bond is influenced by factors such as inflation, changes in the required rate of return, and the remaining time to maturity.
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