Answer:
There would be economic breakdown.
Explanation:
Because all the factors listed are factors that boosts the economy of a country.If they're not there,there might be a breakdown
In Year 1, the investor acquired 10% ownership of investee and applied fair value method to account for the investment. In Year 2, the investor acquired another 30% ownership and applied equity method to account for the investment (40% ownership). In Year 3, the investor sold 35% ownership of the investee and started using fair value method again to account for the investment (5% ownership). Should the investor apply retrospective adjustment in Year 2 and Year 3
Answer:
b
Explanation:
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7. Adverse selection is a problem associated with equity and debt contracts
arising from
Adverse selection is a problem associated with equity and debt contracts arising from. (a) the lender's relative lack of information about the borrower's potential returns and risks of his investment activities
Why do you think most of the jobs in the United States and Canada are service jobs?
Answer:
Canada is also important to us for reasons of security.as the United States is to Canada. Explanation:
Through Canada pass the shortest flying routes from our country to Europe and Asia, the two continents that contain most of the world's population, wealth, and power.
A company reports the following: Sales $3,150,000 Average accounts receivable (net) 210,000 Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year. a. Accounts receivable turnover fill in the blank 1 b. Number of days' sales in receivables
Answer:
a. Account Receivables turnover = Sales / Average Account Receivables
Account Receivables turnover = $3,150,000 / $210,000
Account Receivables turnover = 15
b. Number of days sales in receivables = 365 / Account Receivables turnover
Number of days sales in receivables = 365 days / 15
Number of days sales in receivables = 24.33 days
Tang worked 52 hours last week. His hourly rate is $7.80. Tang’s gross pay for last week was $
Answer: $405.6
Explanation:
If Tang earns $7.80 per hour(Hourly rate) and works for 52 hours then his gross pay would be 405.6 dollars because 52*7.80 = 405.6.
all you need to do is multiply the horly rate by the number of hours worked
Ray Albertson is 72 years old and lives by himself in an apartment in Salt Lake City. Ray’s gross income for the year is $3,000. Ray’s support is provided as follows: Himself (9 percent), his daughters Diane (20 percent) and Karen (15 percent), his sons Mike (20 percent) and Kenneth (10 percent), his friend Milt (14 percent), and his cousin Henry (12 percent).a. Absent a multiple support agreement, of the parties mentioned in the problem, who may claim Ray as a dependent as a qualifying relative?b. Under a multiple support agreement, who is eligible to claim Ray as a dependent?c. Assume that under a multiple support agreement, Diane claims Ray as a dependent. Diane is single with no other dependents. What is her filing status?
Under the Internal Revenue Service (IRS) rules, a person can only be claimed as a dependent if they are a qualifying relative.
To be a qualifying relative, the person must meet certain tests, including the gross income test, the support test, and the relationship test. In this case, Ray's gross income of $3,000 is below the threshold for the gross income test, so that test is met.
The support test requires that the person being claimed as a dependent must receive more than half of their support from the person claiming the dependency exemption.
Based on the information given, Ray's daughters Diane and Karen, his sons Mike and Kenneth, his friend Milt, and his cousin Henry all provide more than 10 percent of his support, meaning that any of these parties could claim Ray as a dependent as a qualifying relative.
b. A multiple support agreement is a written agreement between two or more individuals who contribute more than 10 percent of a person's support, allowing one person to claim the dependency exemption. In this case, under a multiple support agreement, only one person can claim Ray as a dependent.
c. If Diane claims Ray as a dependent under a multiple support agreement, her filing status would be single. A person's filing status is determined by their marital status as of December 31 of the tax year. Since Diane is single, her filing status would be single, regardless of whether she claims Ray as a dependent.
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In which area does Suzy have an absolute advantage?
In local area Suzy have an absolute advantage. Suzy is a complete consumer insights platform that combines high quality audiences, quantitative data, and qualitative data into an one connected research cloud. Set up a demo. Investigate the Platform.
Absolute advantage is a term used in economics to describe a party's better capacity for output. Suzy specifically means the capacity to create a specific commodity or service for less money than a rival. Saudi Arabia is an obvious example of a country having an absolute edge over other countries since it has access to plentiful oil reserves. Other examples include Zambia, which has some of the richest copper mines in the world.
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Type the correct answer in the box. Spell all words correctly.
What does the last paragraph in a cover letter deal with?
The closing paragraph of a cover letter is where you can mention your
information and request for an interview
The closing paragraph of a cover letter typically deals with summarizing the main points of the letter and expressing your interest and enthusiasm for the position.
The closing paragraph serves as a conclusion to your letter and provides a final opportunity to make a strong impression on the employer. In this paragraph, you can briefly restate your qualifications and how they align with the requirements of the job. It's also a good place to mention any additional relevant information that you haven't already included in the body of the letter. Furthermore, you can express your gratitude for the opportunity to apply and express your interest in moving forward to the next stage of the hiring process. Finally, you can use the closing paragraph to request an interview or indicate that you are available for further discussion.
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Hrubec Products, Incorporated, operates a Pulp Division that manufactures wood pulp for use in the production of various paper goods. Revenue and costs associated with a ton of pulp follow:
Selling price $ 102
Expenses:
Variable $ 74
Fixed (based on a capacity of 50,000 tons per year) 18 92
Net operating income $ 10
Hrubec Products has just acquired a small company that manufactures paper cartons. Hrubec plans to treat its newly acquired Carton Division as a profit center. The Carton Division manager is purchasing 6,600 tons of pulp per year from a supplier at the cost of $95 per ton. Hrubec’s president is anxious for the Carton Division to begin purchasing its pulp from the Pulp Division if the managers of the two divisions can negotiate an acceptable transfer price.
Required:
For (1) and (2) below, assume the Pulp Division can sell all of its pulp to outside customers for $102 per ton.
1. What is the Pulp Division's lowest acceptable transfer price? What is the Carton Division's highest acceptable transfer price? What is the range of acceptable transfer prices (if any) between the two divisions? Are the managers of the Carton and Pulp Divisions likely to voluntarily agree to a transfer price for 6,600 tons of pulp next year?
2. If the Pulp Division meets the price that the Carton Division is currently paying to its supplier and sells 6,600 tons of pulp to the Carton Division each year, what will be the effect on the profits of the Pulp Division, the Carton Division and the company as a whole?
For (3)–(6) below, assume that the Pulp Division is currently selling only 30,000 tons of pulp each year to outside customers at the stated $102 price.
3. What is the Pulp Division's lowest acceptable transfer price? What is the Carton Division's highest acceptable transfer price? What is the range of acceptable transfer prices (if any) between the two divisions? Are the managers of the Carton and Pulp Divisions likely to voluntarily agree to a transfer price for 6,600 tons of pulp next year?
4-a. Suppose the Carton Division’s outside supplier drops its price to only $91 per ton. Should the Pulp Division meet this price?
4-b. If the Pulp Division does not meet the $91 price, what will be the effect on the profits of the company as a whole?
5. Refer to requirement 4. If the Pulp Division refuses to meet the $91 price, should the Carton Division be required to purchase from the Pulp Division at a higher price for the good of the company as a whole?
6. Refer to requirement 4. Assume that due to inflexible management policies, the Carton Division is required to purchase 6,600 tons of pulp each year from the Pulp Division at $102 per ton. What will be the effect on the profits of the company as a whole?
The Pulp Division's lowest acceptable transfer price is the variable cost per ton plus any opportunity cost of selling to the outside market, which is $74.
The Carton Division's highest acceptable transfer price is the cost of purchasing from the outside supplier, which is $95 per ton. The range of acceptable transfer prices is between $74 and $95 per ton.
What are the responses to other questions?The managers of the Carton and Pulp Divisions may not be able to voluntarily agree on a transfer price since the range of acceptable transfer prices may not overlap.
If the Pulp Division meets the price that the Carton Division is currently paying to its supplier, the profits of the Pulp Division will increase by $7 per ton since the transfer price is $95 per ton and the variable cost per ton is $74.
The profits of the Carton Division will decrease by $7 per ton since the transfer price is now $95 per ton instead of $95 per ton.
The profits of the company as a whole will remain the same since the $7 increase in profit for the Pulp Division is offset by the $7 decrease in profit for the Carton Division.
The Pulp Division's lowest acceptable transfer price is the variable cost per ton plus any opportunity cost of selling to the outside market, which is $74.
The Carton Division's highest acceptable transfer price is the cost of purchasing from the outside supplier plus any additional cost of switching suppliers, which is $95 + $2 = $97 per ton.
The range of acceptable transfer prices is between $74 and $97 per ton.
The managers of the Carton and Pulp Divisions may be able to voluntarily agree on a transfer price since the range of acceptable transfer prices overlaps.
4-a.
If the Carton Division’s outside supplier drops its price to only $91 per ton, the Pulp Division should not meet this price since it is below the Pulp Division's variable cost of $74 per ton.
4-b.
If the Pulp Division does not meet the $91 price, the Carton Division may switch to the outside supplier and the profits of the Pulp Division will decrease by $28 per ton since it is now selling 6,600 fewer tons of pulp. The profits of the Carton Division will increase by $4 per ton since the cost of pulp is now $91 per ton instead of $95 per ton. The profits of the company as a whole will decrease by $16,560.
If the Pulp Division refuses to meet the $91 price, the Carton Division should not be required to purchase from the Pulp Division at a higher price for the good of the company as a whole since this would result in lower profits for the company as a whole.
If the Carton Division is required to purchase 6,600 tons of pulp each year from the Pulp Division at $102 per ton, the profits of the Pulp Division will increase by $280,000 since it is now selling 6,600 more tons of pulp. The profits of the Carton Division will decrease by $66,000 since the cost of pulp is now $102 per ton instead of $95 per ton. The profits of the company as a whole will increase by $214,000.
If the Carton Division can purchase pulp from the outside supplier for only $91 per ton, it should not be required to purchase
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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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If a firm has a sales price per unit of $6.00, a variable cost per unit of $4.00, and a break-even point of 40,000 units, fixed costs are equal to
Answer:
$80,000
Explanation:
From marginal analysis concepts, the break-even point is determined using the formula.
Break-even in units = fixed cost / contribution margin per unit
For this firm,
break -even = 40,000 units
Contribution margin per unit = selling price - variable costs
=$6 - $4 =$2
Therefore:
40,000 = fixed costs/ $2
Fixed costs = $40,000 x 2
Fixed costs = $80,000
Ampco Disk Company operates a computer disk manufacturing plant. Direct materials are added at the end of the process. The following data were for August 20X5: Work in process, beginning inventory 100,000 units Transferred-in costs (100% complete) Direct materials (0% complete) Conversion costs (90% complete) Transferred in during current period 300,000 units Completed and transferred out 250,000 units Work in process, ending inventory 50,000 Transferred-in costs (100% complete) Direct materials (0% complete) Conversion costs (65% complete)Calculate equivalent units for conversion costs using the FIFO method. a. 30,280 units.b. 299,800 units.c. 390,580 units.d. 353,400 units.
Answer:
Total Equivalent units=292,500units
Explanation:
Calculation for the equivalent units for conversion costs
Beginning work in process 10,000 units
(100,000 × 0.10)
Completed and transferred out 250,000 units
Ending work in process 32,500, units
(50,000 × 0.65)
Total Equivalent units=292,500units
Therefore the equivalent units for conversion costs Will be 292,500units
The Ampco Disk Company will report equivalent units for Conversion Costs using the FIFO method as $292,500 units.
Data and Calculations:
Physical Transferred-in Direct Conversion
Units Materials Costs
Beginning inventory 100,000 100% 0% 90%
Transferred in period 300,000
Available units 400,000
Completed & transferred out 250,000
Ending inventory 50,000
Equivalent units:
Physical Transferred-in Direct Conversion
Units Materials Costs
Beginning inventory 100,000 0 (0%) 0 (0%) 10,000 (10%)
Started and transferred 250,000 250,000 250,000 250,000 (100%)
Ending inventory 50,000 50,000 0 (0%) 32,500 (65%)
Total equivalent units 300,000 250,000 292,500
Thus, the equivalent units for Conversion Costs under the FIFO method is 292,500 units.
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Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.40 per card, and the cost of printing is $0.10 per card. The company receives $3.75 per card sold. Since the cards have the current year printed on them, unsold cards have no salvage value. Their customers are from the four areas: Los Angeles, Santa Monica, Hollywood, and Pasadena. Based on past data, the number of customers from each of the four regions is normally distributed with mean 2,300 and standard deviation 200. (Assume these four are independent.)
What is the optimal production quantity for the card?
Answer:
≈ 9644 quantity of card
Explanation:
given data:
n = 4 regions/areas
mean demand = 2300
standard deviation = 200
cost of card (c) = $0.5
selling price (p) = $3.75
salvage value of card ( v ) = $ 0
The optimal production quantity for the card can be calculated using this formula below
= u + z (0.8667 ) * б
= 9200 + 1.110926 * 400
≈ 9644 quantity of card
First we have to find u
u = n * mean demand
= 4 * 2300 = 9200
next we find the value of Z
Z = ( \(\frac{p-c}{p-v}\) )
= ( 3.75 - 0.5 ) / 3.75 = 0.8667
Z( 0.8667 ) = 1.110926 ( using excel formula : NORMSINV (0.8667 )
next we find б
б = 200\(\sqrt{n}\) = 400
Can someone explain this to me?
Since inflation is already factored into the data, what is the most likely reason that the costs of a doctorate degree rise to such a high level?
The rate at which prices increase over a specific time period is known as inflation.
What is the meaning of Inflation?Inflation is often measured in broad terms, such as the general rise in prices or the rise in a nation's cost of living.
Although low inflation might be detrimental, both levels can hurt the economy. The Fed will adopt the opposite strategy when the economy is having trouble or inflation is too low by cutting interest rates or purchasing assets to boost cash flow.
The main cost of inflation is the erosion of real income, which occurs when prices rise unevenly and cause some customers' purchasing power to decline. For both those who receive and pay fixed interest rates, inflation might over time affect their ability to make purchases.
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You can earn 3% interest on a CD and 1.25% interest on a savings account.
How much more interest will the CD earn for one year if you make a deposit of
$1,650?
Financial Lit, please help!!
Answer:
The CD will earn $49.50 more interest than the savings account for one year if you make a deposit of $1,650.
Consider the organization you are currently working in and explain this organization from systems characteristics perspectives particularly consider objective, components (at least three) and interrelationships among these components with specific examples
Explanation:
I don't have direct knowledge of the organization you are currently working in. However, I can provide a general example to help illustrate the systems characteristics of an organization. Let's consider a fictional manufacturing company called "ABC Manufacturing."
Objective:
The objective of ABC Manufacturing is to efficiently produce and deliver high-quality products to its customers while maximizing profitability. The organization aims to maintain a competitive edge in the market by consistently meeting customer demands and optimizing its operations.
Components:
1. Human Resources: The employees of ABC Manufacturing form a crucial component. They include production workers, managers, engineers, and support staff. Each employee contributes their skills and expertise to ensure smooth operations. For example, production workers assemble products, engineers design new prototypes, and managers oversee the overall functioning of the organization.
2. Production Facilities: The physical infrastructure, including factories, warehouses, and equipment, is another vital component. These facilities house the production lines, machinery, and storage areas necessary for manufacturing products. The efficient functioning of the production facilities is essential to meet production targets and ensure the timely delivery of goods.
3. Supply Chain and Logistics: The supply chain component involves managing the flow of materials, resources, and finished products. This includes sourcing raw materials, coordinating with suppliers, inventory management, and distribution logistics. Effective supply chain management ensures that the right materials are available at the right time, minimizing delays and reducing costs.
Interrelationships among Components:
The components of ABC Manufacturing are interrelated and interconnected, forming a system that works together to achieve the organization's objectives. Here are a few examples of interrelationships among these components:
1. Human Resources and Production Facilities: The production facilities rely on the skills and efforts of the employees. Human resources ensure that the right talent is hired, trained, and deployed in the production process. They also provide support and maintenance services to ensure the smooth functioning of the production facilities.
2. Production Facilities and Supply Chain: The production facilities rely on the timely availability of raw materials from the supply chain. Efficient coordination between production and supply chain teams is necessary to maintain optimal inventory levels and avoid production delays.
3. Supply Chain and Human Resources: The supply chain team collaborates with human resources to forecast demand, plan workforce requirements, and align production schedules accordingly. Effective communication and coordination between these components ensure that the production process meets customer demand and avoids excessive inventory or stockouts.
By viewing ABC Manufacturing through a systems perspective, we recognize that the organization is a complex interplay of various components working together to achieve a common objective. Understanding the interrelationships and dependencies among these components helps in identifying areas for improvement and optimizing the overall performance of the organization.
Answer:Dashen Bank s.c is a company where I am working in it. The company’s objective is to maximize its profit and become from the lists in best class banks in Africa. To achieve this objective it has its own system which contains the following components
• A banking software called FLEXCUBE which is the core software which accomplishes the majority of the banking day to day activities e.g. cash withdrawal, cash deposit, account opening general leger account postings etc.
• CATPS(card application tracking and processing system) is a component of a system which is used to capture ATM card applications and authorize the processed/ captured applications in order to produce the cards
• Amole admin/internet banking application is used to create an access to the customers such that user name and passwords and and link bank accounts so customers can transfer money, make payments at home.
The above listed components have interrelation each other. E.g. in order to produce cards using CATPS, the customer must have a bank account with precise customer data such that signature, photo etc. so these stated things i.e. account opening, signature and photo uploading activities are processed by FLEXCUBE software. In the same manner, in order to get an access to the bank account using amole/ internet banking, the customer must have properly opened bank account with customer signature and photo which is also processed by using FLEXCUBE software.
Perceptual skills can be enhanced
by
Select one:
a. Knowing and perceiving on
self accurately
b. Being empathetic
c. Both are incorrect
d. Both are correct
= Both are correct
Answer:
D
Explanation:
A and B both effect Perceptual skills so it would be D
what is economic environments explain its elements components
Answer:
Economic Environment consists of Gross Domestic Product, Income level at national level and per capita level, Profit earning rate, Productivity and Employment rate, Industrial, monetary and fiscal policy of the government etc.
Explanation:
1.) How has ESPN cross promoted its X-Games brand with other forms of entertainment?
2.) Why do you think ESPN selected this particular medium to cross promote its X-Games events?
3.) Do you think ESPN’s decision to cross promote was effective? Why or why not?
Answer:
1.) annual X-Games event, the ESPN net-work was able to successfully an effective platform for cross promotion. ESPN began generating by circulating free X-Game-branded at movie theaters and concert and running a retail promotion with the Coalition of Independent Music Stores (CIMS).
2.)network created commercials featuring Snoop Dogg, Games events, ESPN has featured live musical performances, from bands comprised of competing athletes to major record label acts like Eminem.
3.) X-Games IX (2003) on ESPN drew 55 million viewers and the event was later released in a DVD format that featured highlights from the L.A. games, including the inaugural X Games surfing contest and the first-ever 360-degree spin on a motocross bike.
New Venture Management
1. Explain the FIVE (5) financial items calculated in order to assess the price of a business.
1. Book value
2. Replacement value
3. Liquidation value
4. Past earnings
5. Cash flow
A business valuation, otherwise called an organization valuation, is the most common way of deciding the financial worth of a business. During the valuation , all region of a business are broke down to decide its worth .
What are the Techniques for Valuation ?Book value :This is the worth of investors' value of a business as displayed on the monetary record explanation. The book esteem is determined by deducting the complete liabilities of an organization from its all out resources.
Replacement value :This is in no way, shape or form a comprehensive rundown of the business valuation strategies being used today. Different techniques incorporate substitution esteem, separation esteem, resource based valuation yet some more.
Liquidation value :Liquidation esteem is the net money that a business will get assuming its resources were sold and liabilities were taken care of today.
Past earnings :Rather than the times income strategy, the profit multiplier might be utilized to get a more precise image of the genuine worth of an organization, since an organization's benefits are a more solid mark of its monetary accomplishment than deals income is.
Cash flow :The DCF strategy for business valuation is like the profit multiplier. This strategy depends on projections of future incomes, which are acclimated to get the ongoing business sector worth of the organization.
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The entry that includes a debit to Cash and credit to Accounts Receivable at a discounted price is recording the ______. Multiple choice question.
We are recording a sales credit when the entry a debit to Cash and credit to Accounts Receivable at a discounted price.
What does sales discounts entails?Normally, the debit of sales discounts account by the amount of the discount are recorded.
For instance, when we debit cash by $99 and debit sales discounts by $1, we will credit the accounts receivable account in the same journal entry.
In conclusion, we are recording a sales credit when the entry a debit to Cash and credit to Accounts Receivable at a discounted price.
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You manage a small women’s clothing store and need to hire an assistant manager. How would you recruit and select the most effective candidate?
Recruiting and selecting an assistant manager for a small women's clothing store requires a thoughtful and strategic approach.
Here are some steps that can be taken to attract and hire the most effective candidate:
Define the job role: Clearly define the job role and responsibilities of the assistant manager. This will help in identifying the required skills, qualifications, and experience necessary for the role.
Create a job description: Based on the defined job role, create a comprehensive job description that highlights the job responsibilities, required skills, qualifications, and experience. The job description should also outline the compensation package, work schedule, and other benefits.
Advertise the job opening: Advertise the job opening in relevant channels such as online job portals, local newspapers, industry-specific publications, and social media. You may also consider reaching out to your network and asking for referrals.
Screen resumes: Review resumes and cover letters to shortlist candidates who meet the minimum requirements for the role.
Conduct initial interviews: Conduct initial interviews to further screen the candidates and assess their communication skills, experience, and qualifications. Use behavioral interview questions to understand their past performance and behavior in similar roles.
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With the aid of diagrams,discuss in detail the three project continuums
The three project continuums that are important to achieve the goals of a project are general, source, and integration.
What is a project continuum?It should be noted that a project continuum enables a project team to be able to identify and resolve issues regarding a project and ensure that the goal of the project is achieved.
The general is a project that has clear purpose. The source represents work that is to be done to support development initiatives while integration initiates consolidation to the source type project.
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Isabella and Antonio are auto mechanics. Isabella takes 6 hours to replace a clutch and 4 hours to replace a set of brakes. Antonio takes 8 hours to replace a clutch and 6 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage.
Isabella has an absolute advantage in both clutch replacement and brake replacement due to her ability to complete each task in less time.
- Isabella also has a comparative advantage in both clutch replacement and brake replacement, assuming similar skills and pay rates.
How to determine the whether anyone has an absolute advantage at either task and, for each taskTo determine absolute and comparative advantages in this scenario, we need to compare the productivity of Isabella and Antonio in replacing clutches and brakes.
Let's analyze the tasks:
1. Clutch Replacement:
- Isabella takes 6 hours.
- Antonio takes 8 hours.
Based on the time taken, Isabella has an absolute advantage in clutch replacement because she can complete the task in less time than Antonio.
2. Brake Replacement:
- Isabella takes 4 hours.
- Antonio takes 6 hours.
Again, based on the time taken, Isabella has an absolute advantage in brake replacement because she can complete the task in less time than Antonio.
Similar to clutch replacement, if we assume similar skills and pay rates, Isabella would also have a comparative advantage in brake replacement due to her ability to complete the task more quickly.
Comparative advantage is based on a comparison of opportunity costs, and without specific information about the trade-offs involved, we can infer that Isabella's ability to complete both tasks more quickly gives her a comparative advantage in both.
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Which is these is true about trusts?
OA. They have less tax liability.
OB. They have multiple beneficiaries.
C. They require power of attorney.
OD. They have more tax liability.
Answer: The answer is They have more tax liability.
Explanation:Trust is a fiduciary relationship.In this, a first party gives the right to assets or the right to hold the title to a second party for the benefit of a third party.The first party is called the Grantor.The second party is called as the Trustee.The third party is called as the Beneficiary.As the trust is a seperate legal and taxable entity, the tax payment of the trusts depend upon whether it is a simple trust,complex trust or a grantor trust.The tax brackets of trusts are more compressed.So, the trusts pay more taxes than individual taxpayers.
Watson Company applies overhead on the basis of machine hours. Given the following data, compute the amount of overhead applied for the period. Estimated annual overhead cost $1,500,000 Actual annual overhead cost $1,485,000 Estimated machine hours 300,000 Actual machine hours 295,000
A: $1,475,000
B: $1,500,000
C: $1,525,425
D: $1,485,000
Answer:
A: $1,475,000
Explanation:
The computation of the overhead applied is shown below:
But before that first determine the predetermined overhead rate which is
= Estimated annual overhead cost ÷ Estimated machine hours
= $1,500,000 ÷ 300,000
= $5
Now the applied overhead is
= Predetermined overhead rate × Actual machine hours
= $5 × 295,000
= $1,475,000
what is the real name of rocky
Read the following scenario. Research options for payment, and use the PACED decision-making model to decide how Emmitt should pay for the television. Remember, the PACED steps are to define the problem, list the alternatives, select criteria, evaluate the alternatives, and make a decision.
Example:
Emmitt wants to buy a new flat screen television. The cost of the television is $539. He has a credit card with a credit limit of $1,000 and an APR of 22 percent. The store offers him store credit with six months no interest and an APR of 22 percent. This means if he pays the balance in the first six months, he doesn’t pay any interest. If he doesn’t pay off the balance in the first six months, then he starts paying 22 percent interest on the balance thats left. Since he just paid off his car loan, he can afford to pay $100 each month. This means it would be possible for him to pay the balance within six months. He also has a great credit score and could obtain a personal loan. Remember, the goal is to find the most cost-effective option for purchasing the TV. How should Emmitt pay for the television?
Read the following example. Go online or call banks to research car loans from different financial institutions. Choose three different loans. Make sure each loan has a different APR and different loan period. For instance, if Loan 1 has an APR of 6.3 percent and a loan period of six years, then perhaps Loan 2 might have an APR of 3.47 percent and a loan period of four years. Then use the PACED decision-making model to decide which of the three car loans Carmen should choose.
Example:
Carmen is in the process of buying a car. She knows she needs a car loan, but she is unsure about which financial institution she should obtain the car loan from. Should she take out a loan with a loan period of four years? Five years? Six years? She has $3,000 for the down payment, and the cost of the car after tax and license fees will be $8,500. She has a credit score of 620. Her budget will allow her to make payments as high as $150 per month. Remember, the goal is to find the most cost-effective option. Which car loan should Carmen choose?
Which car loan should Carmen choose? Be sure to use the PACED decision-making model and show your work.
Based on the information given, it should be noted that Carmen should take out a loan with a loan of 5 years period.
What loan option should be chosen?It should be noted that in the cost and benefits analysis, it would be better to take out the shorter loan period because the automobile price decreases in the following year after it has been bought.
However, in this case, Carmen will not be able to fulfill the 4-year loan payment for each month, because the average auto loan interest rate for a person with a 620 credit score is 9.48%.
Therefore, it would be a safe decision to choose the 5-year loan because Carmen will still be able to pay the loan interest.
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https://brainly.com/question/26011426
What is the unemployment rate in Cuba?
Answer:
Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Cuba unemployment rate for 2020 was 3.87%, a 2.2% increase from 2019. Cuba unemployment rate for 2019 was 1.67%, a 0.03% decline from 2018.
Explanation: