The three items included in that list are:
Rates for interest, transfers, and taxes. Exchange rates and inflation rates are some examples.
Three exchange rates that can be utilized when converting other currencies into the company currency for the purposes of creating budgets and afterwards monitoring performance. Initial rate, anticipated rate, and ending rate are the three rates.
The aforementioned assertion is true based on comparable inflation rates and currency rates. If businesses borrow money from nations with low interest rates, the potential advantages from the reduced cost of borrowing will probably be outweighed by the costs associated with a rising currency.
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A company BB Ltd makes a product, selling for 20 pence - a can of baked beans. A major supermarket who currently buys their baked beans from a rival baked bean company asks BB Ltd if they will provide them with ‘Own Label’ baked beans for 16 pence a can, the costs of manufacture are as follows:
BB Baked Beans: Costs per can
Direct Materials 4p
Direct Labour 4p
Variable Overheads 3p
FO 4p
Manufacturing Absorption Cost 15p
Advertising 1p
Transport costs (variable) 1p
Total Cost 17p
Should they supply the Supermarket at this price (16p)?
What reservations would you have?
The total cost of the product is estimated to be 17p. Meanwhile, the idea of supplying it at 16p is not a sensible choice to make in order to be profitable. The product should be supplied at a price so that the business can cover its costs and earn profits from it.
The product must be supplied at a price that is higher than its cost.
They should keep a profit margin of at least 1 penny or higher.
Why doesn’t the government try to end seasonal unemployment?
It would be too expensive.
It would eliminate too many jobs.
It is a natural part of a healthy economy.
The government does not try to end seasonal unemployment because It is a natural part of a healthy economy.
What is seasonal unemployment?Seasonal unemployment can be4 described as the type of employment where people are unemployed at particular times of the year as a result of the demand for labour coming down or declining.
Seasonal unemployment can be seen as a temporary window of time, hence The government does not try to end seasonal unemployment because It is a natural part of a healthy economy.
It should be noted that Seasonal unemployment comes in form of involuntary unemployment which is usually as a result of the mismatch that do take place in between skills that workers is able to offer in the economy as well as the demand for that particular skills .
In most times, this type of unemployment is as a result of the technological changes that is occurring at that time which makes the job skills of many workers obsolete.
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The adjusting entry for supplies used during the period will result in ______ to the supplies expense account.
The adjusting entry for supplies used during the period will result in an increase in the supplies expense account.
What is a supply expense account?The quantity of supplies consumed during the time period specified in the income statement's heading is reported in the account Supplies Expense under the accrual system of accounting. The current asset account Supplies or Supplies on Hand is used to represent supplies that are in stock (but unused) as of the balance sheet date.
Charge the cost of the spent supplies from the supply expense account. Your supply account should be credited to balance the entry. For instance, debit the supplies expense for $220 and credit the supplies for the same amount if you used $220 in supplies.
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In which career is it most important to exercise and take physical care of yourself?
A) therapist
B) child care provider
C) Interviewer
D) management
Answer: therapist
Explanation: i just took a test over this <3
Select the correct answer. Which sales channel is the most effective for a business that has a small scale of operations? a A. telemarketing B. hiring agents C. flea markets D. franchising E. multilevel marketing
Answer:
franchising marketing
join company to itself to add information about a company's parent to the original company's information
To join a company to itself and add information about a company's parent to the original company's information, you would create a parent(Holding) company and a subsidiary company.
A parent company is a company that owns another company or companies, known as subsidiary companies. The parent company has control over the subsidiary company's operations and often provides financial and managerial support.
To add information about a company's parent to the original company's information, follow these steps:
1. Identify the original company and the parent company you want to link it to.
2. Ensure that you have all the necessary information about both companies, such as their legal names, addresses, and key financial details.
3. Determine the relationship between the two companies. In this case, the parent company owns the original company.
4. Update the original company's information to include details about the parent company. This can include mentioning the parent company's name, ownership percentage, and any notable collaborations or partnerships.
5. If required, make any necessary changes to the legal documentation or contracts to reflect the new relationship between the two companies.
6. Communicate the updated information to relevant stakeholders, such as employees, shareholders, and business partners, to ensure everyone is aware of the parent company's involvement.
By following these steps, you can join a company to itself and add information about a company's parent to the original company's information.
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in which of the following circumstances is a strategy to be the industry's overall low-cost provider not particularly well-matched to the market situation? when the offerings of rival firms are essentially identical and readily available from many eager sellers when there are few ways to achieve differentiation that have value to buyers when price competition among rival sellers is especially vigorous when buyers have widely varying needs and special requirements, and the prices of substitute products are relatively high when the majority of industry sales are made to a few, large-volume buyers
A strategy to be the industry's overall low-cost provider may not be particularly well-matched to the market situation when buyers have widely varying needs and special requirements, and the prices of substitute products are relatively high.
This is because, in such a situation, buyers are willing to pay a premium for products that meet their specific needs and requirements. Therefore, a low-cost provider may not be able to differentiate its offerings from its rivals and may not be able to capture a significant share of the market. In addition, if there are only a few, large-volume buyers in the industry, they may have significant bargaining power and may demand customized solutions that a low-cost provider may not be able to provide. In such a scenario, it may be more effective for a company to focus on product differentiation and offering unique value propositions that appeal to specific segments of the market.
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All of the following are examples of the food and beverage industry
except
-school cafeteria
-McDonald's inside a Walmart
-restaurant inside a shopping mall
-travel agency
Answer:
-travel agency
Explanation:
The food and beverage industry is made up of establishments whose core business is preparing meals, snacks, and beverages as per customers' orders for immediate consumption in or off the premises. A school cafeteria, McDonald's inside a Walmart, and restaurant inside a shopping mall will fit into the food and beverage industry's definition.
A travel agency is best placed in the tours and travels industry.
are some of the factors that influence employee benefits strategies cyclical
Answer:
hoobaa hooba hooba
Explanation:
hooo
Suppose that the local daily demand for iced coffee drinks is given by the demand function: Q=300-25P, where P is the price of an iced coffee drink.
a. Construct this demand curve in black. Place the quantity of iced coffee drinks demanded on the horizontal axis and the price of an iced coffee drink on the vertical axis.
b. Suppose that iced coffee drinks are a normal good, and that consumers’ incomes fall. The demand for iced coffee drinks decreases by 50 units at every price. What is the new demand function (i.e., equation)?
c. Suppose that iced coffee drinks are a normal good, and that consumers’ incomes fall. The demand for iced coffee drinks decreases by 50 units at every price. Construct the new demand function in blue.
a. To construct the demand curve, we can first use the demand function provided, Q=300-25P. To plot this on a graph, we can plug in different values of P to find the corresponding values of Q. For example:
When P = 0, Q = 300-25(0) = 300
When P = 1, Q = 300-25(1) = 275
When P = 2, Q = 300-25(2) = 250
We can plot these points on a graph with Q on the horizontal axis and P on the vertical axis, and connect them to form the demand curve.
b. The new demand function would be Q = 250-25P.
c. To construct the new demand function in blue, we can start with the same process as before, using the new demand function, Q = 250-25P.
For example:
When P = 0, Q = 250-25(0) = 250
When P = 1, Q = 250-25(1) = 225
When P = 2, Q = 250-25(2) = 200
We can plot these points on the same graph as before, but this time use blue color to distinguish it from the previous demand function.
Vineyard vines recently partnered with first insight to utilize online social engagement tools to gather sentiment analysis and real-time data from its customers. Using the information gathered, vineyard vines will be able to quickly make product and pricing decisions, which will allow it to improve sales and margins online and in brick-and-mortar locations. This is an example of _______.
This is an example of customer value.
First insight is the arena’s main provider of solutions that empower shops and types to include the voice of the consumer into the layout and vending of new merchandise. Thru using online client engagement, the primary perception solution gathers real-time customer facts and applies predictive analytic models to create actionable insights, which power measurable price. Outlets, manufacturers and types use the first perception way to layout, choose, charge and marketplace the most profitable new merchandise for decreased markdown charges and improved income, margins and stock turnover. Clients include some of world’s leading vertically incorporated brands, carrying goods corporations, department stores, mass service provider shops and wholesalers.
Vineyard vines®, a emblem pleasant recognized for its smiling pink whale logo, became founded in 1998 on Martha's winery while brothers Shep and Ian Murray reduce their ties with corporate America to begin making ties that represented the good life. Similarly to signature neckwear, vineyard vines gives an expansion of clothing and add-ons for men, ladies and youngsters. Merchandise are sold in over 600 specialty and branch stores global.
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ACTIVITY 1
Multiple Choice: Choose the letter of the correct answer
1 It is all about discovering and satisfying your customers' needs and want while earning
a profit
A Marketing
B. Product C Promotion D Needs
2. These are the bundles of attributes and benefits designed to be offered to buyers to
satisfy their needs, wants, and demands
A Promotion B Products C Customer D Market
3 Making sure that they are specific and quantifiable so you can measure your progress
toward achieving them, belong to what step of marketing?
A Marketing objective B Identifying demographics C Defining place
4. What steps of marketing plan where you're referring to the entire set of activities that
inform people about your product/service?
A Marketing objective
B Choose your promotion strategy
C Develop a pricing strategy
5 Defined as the difference between what the customer gains from the product and what
the customers losses from the costs acquiring such a product
A Market
B Customer Value C Promotion
Answer:
A. Marketing.B. Products.A. Marketing objectiveB. Choose your promotion strategyB. Customer Value.Explanation:
Marketing is all about knowing what the customer wants and satisfying it by offering the relevant products.
Products are simply bundles of benefits that were designed to be able to satisfy the needs and wants of customers.
The marketing objectives specify what the goals need to be achieved when marketing so comparing reality against them helps show progress.
The promotion strategy shows the activities that will be undertaken during the marketing of your goods and services.
Finally, the customer value from a product is simply what benefit the customer received less the cost of receiving that benefit.
Tucker works for a retail distributor company that was recently started. Tucker already invested a lot of his earnings into shares of the company. When the quarterly earnings are posted, Tucker receives a check for 8% of the quarterly profit of the company. Tucker belongs to a _________ Corporation.
A. Professional
B. Closely-Held
C. Sub chapter S
Thomas company uses a standard cost system and recognizes the materials purchase price variance at the time materials are purchased. information for raw materials for product rbi for the month of october follows: standard unit price $1.80 actual purchase price per unit $1.65 actual quantity purchased 4,000 units actual quantity used 3,900 units standard quantity allowed for actual production 3,800 units what is the materials purchase price variance?
Answer: $600F
Explanation:
Given the following :
standard unit price - $1.80
actual purchase price per unit - $1.65
actual quantity purchased - 4,000
units actual quantity used - 3,900
units standard quantity allowed for actual production - 3,800 units
Material purchase price variance = ( Actual unit price of material - standard unit price of material) × Actual unit of material purchased
($1.65 - $1.80) × 4000
( $0.15) × 4000
$600F (Favorable) because standard price is higher than actual price
How is a credit union different from a bank?
O Acredit union offers services to companies instead of individuals.
A credit union only offers credit, it does not store money.
Acredit union is usually larger than a bank.
O A credit union is owned by its customers.
Answer:
a credit union is owned by its costumers (D)
Explanation:
i took the assignment!!
Firm M exchanged an old asset with a $9,100 tax basis and a $21,000 FMV for a new asset worth $18,500 and $2,500 cash.
a) If the exchange is nontaxable, compute Firm M's realized and recognized gain and tax basis in the new asset.
b) How would your answers change if the new asset were worth only $7,000, and Firm M received $14,000 cash in the exchange?
a) Firm M's realized and recognized gain is $0, and the tax basis in the new asset is $9,100.
b) If the new asset were worth only $7,000, and Firm M received $14,000 cash in the exchange, the realized gain would be $7,900, and the recognized gain would be $0. The tax basis in the new asset would be $9,100.
a) What are Firm M's realized gain and tax basis in the new asset if the exchange is nontaxable?b) How would the answers change if the new asset were worth $7,000 and Firm M received $14,000 cash?When Firm M exchanged the old asset with a tax basis of $9,100 and a fair market value (FMV) of $21,000 for a new asset worth $18,500 and $2,500 cash, the transaction's tax implications need to be considered.
a) In a nontaxable exchange, no gain or loss is recognized. The realized gain is calculated by subtracting the tax basis of the old asset ($9,100) from the FMV of the old asset ($21,000), resulting in a realized gain of $11,900. However, since the exchange is nontaxable, the recognized gain is $0. The tax basis in the new asset is equal to the tax basis of the old asset, which is $9,100.
b) If the new asset were worth only $7,000, and Firm M received $14,000 cash in the exchange, the realized gain would be the difference between the FMV of the old asset ($21,000) and the sum of the FMV of the new asset ($7,000) and the cash received ($14,000). This results in a realized gain of $0. As the exchange is nontaxable, the recognized gain would still be $0. The tax basis in the new asset remains the same as the tax basis of the old asset, which is $9,100.
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How portfolio management service is useful? (400
words)
Portfolio management services are beneficial to both individuals and businesses with investment portfolios. Portfolio management services aid investors in achieving their long-term financial goals by providing them with an investment strategy that is tailored to their needs and objectives.
Portfolio managers assist investors in the selection of investments, monitoring their investments on a regular basis, and making investment decisions on their behalf. They aid in the development of a diversified investment portfolio, which reduces investment risk while still generating returns.
Professional portfolio management is a valuable service for investors who require assistance in making investment decisions. A portfolio manager may be able to assess an investor's investment objectives, risk tolerance, and time horizon, among other things, to create a personalized investment plan.
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Essay: Are Songs Poems?
Write an introduction.
What are your agurments? Which side are you on? Do you agree or
disagree? Explain
Songs can be considered poems. The use of figurative language, rhyme, and meter, and the intention to express thoughts and emotions are all characteristics shared by both forms of literature. While songs may have additional elements such as music, these elements do not diminish the poetic qualities of the text.
Songs and poems share similar traits. Both forms of literature have meter, rhyme, and rhythm. Therefore, it is essential to determine whether songs can be considered poems. In this essay, I will argue that songs can be considered poems.
Arguments The similarity between songs and poems can be seen in various ways. For instance, both forms of literature use figurative language, such as metaphors, similes, and personification. Moreover, both forms are written to express emotions, thoughts, and ideas, to tell a story, and to make social and political commentary.
Additionally, both forms of literature use rhyme and meter to emphasize specific words and to establish a sense of harmony. Songs, however, are unique in the way they use music to enhance their poetic qualities. The use of music adds another layer of complexity to the text and allows for a deeper emotional connection between the listener and the artist.
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When calculating net cash flow provided by operating activities, an increase in Accounts Payable is ______ net income because payments to suppliers are ______ than new purchases.
When calculating net cash flow provided by operating activities, an increase in Accounts Payable is added net income because payments to suppliers are than new less purchases.
When calculating net cash flow provided by operating activities, an increase in Accounts Payable is added to net income because it represents a source of cash flow. Accounts Payable is a liability account that tracks the amount a company owes to its suppliers for purchases made on credit. An increase in Accounts Payable means that the company has purchased goods or services on credit but has not yet paid for them. This means that the company has effectively received the benefit of these purchases without paying cash for them. Therefore, an increase in Accounts Payable represents an increase in the company's working capital, which is a positive cash flow.
This increase in working capital is added back to net income when calculating net cash flow from operating activities. Payments to suppliers are less than new purchases because the company has not yet paid for all of its purchases on credit. Therefore, an increase in Accounts Payable reflects the amount of purchases made on credit that have not yet been paid for. Once the company makes payments to its suppliers, the Accounts Payable balance will decrease, reflecting a use of cash. However, this decrease in Accounts Payable is not reflected in net income, as it represents a use of cash and not a source of cash.
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Which kind of protection does homeowners insurance offer? Check all that apply.
A. It protects a car against theft in the parking lot.
B. It covers damages to a home.
C. It protects a home against theft.
D. It protects against accidents or injuries.
E. It covers property lost outside of the home.
Answer:
2,3,4,5
Explanation:
Homeowner's insurance keeps the owner safe from house damages, theft, accidents or injuries or mishap, etc
What do you understand by homeowners insurance offer?
Property holder's insurance contracts frequently cover the inside and beyond a home, as well as the misfortune or robbery of individual possessions and individual risk for harm to other people.
The home insurance cover:
The actual cost of the house, replacement cost, and extended replacement cost/value. The feature of home insurance are:
It covers house damages It protects against theftagainst accidents or injuries or mishapproperty lost inside and beyond/outside the houseTherefore options B, C, D, and E aptly describe the homeowner's insurance.
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Take any process of your choice to develop the AS-IS model and do the TO-BE model.
The process chosen for developing the AS-IS and TO-BE models is the customer order fulfillment process.
The customer order fulfillment process refers to the sequence of activities involved in receiving, processing, and delivering customer orders. The AS-IS model represents the current state of the process, highlighting its strengths, weaknesses, and areas for improvement. On the other hand, the TO-BE model depicts the desired future state of the process, incorporating changes and enhancements to achieve greater efficiency and customer satisfaction.
In the AS-IS model, the customer order fulfillment process begins with the customer placing an order, which is then received by the sales team. The order details are manually entered into the system, leading to a potential risk of data entry errors. Afterward, the order is passed on to the inventory management team, who checks the availability of the products. In some cases, delays may occur due to inefficient communication channels between teams.
Once the inventory is confirmed, the order is transferred to the fulfillment team responsible for packaging and shipping. However, the process lacks real-time tracking capabilities, making it difficult to provide accurate delivery estimates to customers. Additionally, the absence of automated notifications to customers creates a gap in communication, potentially leading to customer dissatisfaction.
To address these challenges, the TO-BE model proposes several improvements. Firstly, the order placement process can be streamlined by implementing an online ordering system, allowing customers to directly input their details, reducing the likelihood of errors. Furthermore, integrating the inventory management system with real-time updates will enable accurate availability checks and provide better visibility across teams.
Moreover, incorporating a centralized tracking system and automated notifications will enhance communication with customers, keeping them informed about the status of their orders at every stage. By leveraging technology and optimizing interdepartmental collaboration, the TO-BE model aims to improve operational efficiency, minimize errors, and enhance the overall customer experience.
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Devon was surprised that his pay check was less than he had expected. His
paycheck was reduced because
had been withheld by his employer.
OA. incentives
B. commissions
C. gross pay
OD. deductions
The answer is C. Gross pay. Devon's paycheck was reduced because it had been withheld by his employer as gross payment.
"Gross pay" mean?Before any taxes, benefits, or other payroll deductions are done , an employee's gross salary is what they are paid. Net pay, often known as take-home pay, is the amount that is given after all withholdings have been taken into consideration.
Calculate my gross pay?Start by determining the total amount need for each pay period in order to see an employee's gross compensation. Hourly workers multiply their total hours worked by their hourly rate, plus any overtime. Employees on a salary split their yearly earnings by the number of pay periods.
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Your father obtained a car loan payable in lump sum in 5 years at a total amount of P800,000 with an annual rate of 15%. What is the present value?
Answer:
the present value is $397,741.39
Explanation:
The computation of the present value is shown below
As we know that
Present value = Future value ÷ (1 + rate of interest)^years
= 800,000 ÷ (1 + 0.15)^5
= 800,000 ÷ 1.15^5
= $397,741.39
Hence, the present value is $397,741.39
NEED HELP, I WILL GIVE BRAINLIEST
Today I sold a new 80 inch television. The sale of this item is called________?
A. Unit of Sale
B. Asset
C. Cost of Goods Sold
Answer:
unit of sale
Explanation:
if u look up the definition of the word, unit of sale makes understand
Answer:
a.unit of sales
Explanation:
A management perspective that emerged after World War II and applied mathematics, statistics, and other quantitative techniques to managerial problems is referred to as a(n) political science perspective. Behavioral sciences perspective. Organizational science perspective. Administrative science perspective
A management perspective that emerged after World War II and applied mathematics, statistics, and other quantitative techniques to managerial problems is referred to as an Administrative science perspective.
Administrative Science Perspective is a management perspective that emerged after World War II and applied mathematics, statistics, and other quantitative techniques to managerial problems. It aimed to create a new discipline that used scientific knowledge to solve administrative problems. Administrative Science Perspective represents the study of organizations and their administration from the perspective of applied behavioral sciences, management science, and operations research.The Administrative Science Perspective tries to answer the following questions:What do managers do?What is the nature of managerial work?What are the key skills that managers require?How can managers be trained to be more effective?What is the role of technology in improving managerial work?How can organizations be structured to improve their efficiency and effectiveness?What are the best methods for measuring and evaluating organizational performance?How can organizational change be managed effectively?What is the role of leadership in promoting organizational effectiveness?
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Stancard ceduction for individual: $12,000 Standard deduction for married couples fiting jointly: $24,000 Quantitative Problem: Jenna is a single taxpayer. During 2018, she earned wages of $130,000. She doesn't itemize deductions, so she will take the standard deduction to calculate 2018 taxabie income. in addition, during the year she sold common, stock that she had owned for five years for a net proft of $5,900. How much does Jentia owe to the 1 s for taxes? Do not round intermed ate calculations. Round your answer to the nearest cent. 5 Corporations earn most of their income from operations; however, they may also recelve interest and dividend income. incorne is taxed as ordiniary Income; however, income is taxed more favorably. 50% of _ocelved is excluded from taxable income, while the remaining 50% is taxed at the ordinary tax rate. For businesses, ___ payments are regarded as an expense so they are tax deductible; however, aulden, 8 payments are not the depreciation, the the taxable income, the the taxes, and the foantitative Problemt Ansiests operating cash flow. Quantitative Problem: Andrews Corporation has income from operations of $250,000, In addition, it received interest income of $25,000 and recelved dividend income of $31,100 from another corporation. Finally, it paid $10,000 of interest income to its boncholders and pald $48,000 of dividends to its common stochhocders. The firms federal tak rate is 21%. What is the firm's federal income tax? Do not round intermediate caiculations. Round your answer to the nearest dollar. 5
Jenna, a single taxpayer, earned wages of $130,000 in 2018. Since she doesn't itemize deductions, she will take the standard deduction of $12,000. Additionally, she sold common stock with a net profit of $5,900.
To calculate Jenna's taxable income, we subtract her standard deduction and the net profit from her total income:
Taxable Income = Total Income - Standard Deduction - Net Profit
= $130,000 - $12,000 - $5,900
= $112,100
To determine the taxes owed, we need to apply the appropriate tax rates to the taxable income. However, the problem statement doesn't provide information about the tax brackets or rates applicable to Jenna's income. Without this information, it is not possible to calculate the exact tax amount she owes.
In summary, based on the given information, we can calculate Jenna's taxable income as $112,100. However, we cannot determine the exact tax amount owed without knowledge of the tax brackets and rates for the given year.
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What is a major function of the public sector
Answer:
Public sector provides many services such as; education, health and social care.
What are some things that the presenter can do to engage the audience?
Answer:
Wow
Explanation:
Co
Answer:
Start your presentation by making them think. Ask them a question, or start with statistics. Make your presentation as relatable as it can possibly get. DON'T repeat yourself. I causes the audience to get board. Don't tell them why your presentation matters, show them. Be confident and do your best. It spreads a positive message and the more confident you seem on the topic and on the presentation the more people will want to listen.Explanation: BELIVE IN YOURSELF AND DO YOUR BEST, if it still doesn't go well, life might be trying to tell you something.
Hope this helps! I know you'll do great!
The manager of East India Ice Cream Shop keeps track of the number of customers served at different periods of the day in an attempt to plan a schedule for workers that matches the demand for the restaurant's products. By using this tracking system, the manager of East India is utilizing ________ control.
Answer: Output
Explanation: The output control system refers to one of the organizational control systems which is employed by business strategist and establishment in tracking the progress, growth, flaws and ways whereby an organization can improve, provide better services and ultimately make more revenue. The output control system is focused on that aspect of a business offering which can be quantified, such that executives could analyze the feedback and thus use it as a guide to provide and improve on future projects or services. In the scenario above, data was studied to identify peak periods in other to schedule worker's shift so that the organization would not fall short of workers at the time which they are mostly required.
Calculate the nominal annual cost of trade credit under each of the following terms. Assume a 365-day year. Do not round intermediate calculations. Round your answers to two decimal places. 1/15, net 20. % 2/10, net 55. % 3/10, net 45. % 2/10, net 45. % 2/15, net 35. %
The nominal annual cost of trade credit for each is:
18.62%28.22%16.55%37.24%Calculations and ParametersNominal cost of trade Credit = Discount percentage/100- discount percentage * 365/Day Credit 0/s-Discounts period .
1/15, net 20
Here,
Discount percentage = 1 Discount period = 20 day Day credit OKS = 15 days.Nominal cost of trade credit = 1/100 - 1 x 365/20- 15 = 78.73%.
1. 2/10 net 50.
Nominal cost of trade credit = 2/100-2 * 365/50-10= 18.62%
2. 3 /10 net 50.
Nominal cost of trade credit = 3/100-3 * 365/50-10 = 28.22%
3. 2/ 10 net 55
Nominal cost of trade credit = 2/100-2 * 365/55-10 = 16.55%
4. 2/ 15 net 35 =
Nominal cost of trade credit = 2/100-2 * 365/35-15= 37.24%
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