Station broadcasting the national network programme is called an affiliate station.
Affiliate station is the broadcasting station or the local broad castee owned by the network or a particular company which some line or television lines use for broadcasting.
It is basically common in informal way of speech containing a particular network programming which could be programme clearances or radio waves.
It can be in the form of group wide deal or communications dealing with the national broadcast including the transactions of grouped station assorted.
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When purchasing a consumer item, the author emphasizes _______________ the most.
When purchasing a consumer item, the author emphasizes utility the most. Hence, the correct answer is utility. In economics, utility is used to model worth or value. Its usage has evolved significantly over time. Consumer tries to measure his pleasure it happiness on the item before purchasing such. Read below about utility.
What is utility?Utility is a term in economics that means to the total satisfaction or gain from consuming a good or service. Economic theories based on rational choice usually assume that consumers will strive to maximize their utility.
Therefore, the correct answer is as given above.
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Which of the following could explain why a firm would decrease production of a good despite making significant accounting profit
The opportunity cost of an alternative foregone is greater could explain why a firm would decrease production of a good despite making significant accounting profit.
Opportunity costs are the potential gains that a person, investor, or company forgoes by selecting one option over another. Opportunity costs are by nature invisible, thus it is simple to miss them. Better choices may be made when a firm or individual is aware of the opportunities that can be lost by selecting one investment over another.
The capital structure of a company is greatly influenced by opportunity cost analysis. To make up for the investment risk, a company must pay costs when issuing debt and equity capital, but each has an opportunity cost as well. Loan repayment funds, for instance, cannot be used to purchase stocks or bonds, which have the potential to provide a return on investment.
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The cash outflow at the start of a project is termed the initial capital investment, and includes?
The cash outflow at the start of a project is termed the initial capital investment, and includes any investment in fixed assets required by the project.
A project cash flow includes revenue and costs. Project cash flow refers to how the cash flows in and out of an organization in regard to a specific existing or potential project.
Initial investment is the amount required to start a business or a project. The cash flow in the initial investment stage is estimated mainly at planning stages of a business or a project. Fixed capital, salvage value, working capital, tax rate, and book value are considered, while calculating the initial cash flows.
Hence, the cash outflow at the start of a project includes any investment in fixed assets required by the project.
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The Fannie Mae 1004 form is intended to be used to report an appraisal on modular or panelized homes.
This is true. The Fannie Mae 1004 form is intended to be used to report an appraisal on modular or panelized homes.
What is the Fannie Mae 1004 form?This is the term that is used to refer to the form that is used to report the appraisals of one unit properties that are made up of with units that act as accessories in the United States of America,
The report does not give the appraisal of the houses that have been manufactured or built in the forms of what is a cooperative.
The appraisal is usually done for a detached single unit home in the country.
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Floridation of drinking water helped to reduce water-borne infections like cholera and typhoid in the United States. True False
It is false that Floridation of drinking water helped to reduce water-borne infections like cholera and typhoid in the United States
What is Floridation?Water fluoridation is a form of water treatment which helps prevent some ailments.
Florine is good for bones and teeth and therefore the additional of recommended quantity to water helps prevent tooth decaying.
It can be added to public water from help increase flourine contents.
Flourine does not work for bacteria and other infection.
Therefore, It is false that Floridation of drinking water helped to reduce water-borne infections like cholera and typhoid in the United States
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Answer: FALSE
Explanation:
Fluoridation helps to prevent tooth decay but it does not work for bacteria and other infection.
Water fluoridation is the process of adding fluoride to the water supply so the level reaches approximately 0.7 ppm, or 0.7 milligrams of fluoride per liter of water; this is the optimal level for preventing tooth decay
Shirts are made in a process with two resources. The first resource has a capacity of 35 shirts per hour. The capacity of the second resource is 24 shirts per hour. Demand for this process is 20 shirts per hour.
Total labor content is 4.2143 min per shirt.
What do you mean by labor content?The sum of all the process stages' individual times is known as the total labor content. For instance, if a procedure has two steps that each take 20 seconds, the total labor time is 40 seconds. Cycle time minus processing time is the definition of idle time.
Capacity of resource 1=35 shirts / hour
Time taken per shirt at resource 1=60 / 35=1.7143 minutes
Capacity of resource 2=24 shirts / hour
Time taken per shirt at resource 2=60 / 24=2.5 minutes
Therefore,
Total labor content = Time taken per shirt at resource 1+ Time taken per shirt at resource 2=1.7143+2.5=4.2143 minutes per shirt
Disclaimer
Shirts are made in a process with two resources. There is one worker in eachresource. The first resource has a capacity of 35 shirts per hour. The capacity of thesecond resource is 24 shirts per hour. Demand for this process is 20 shirts per hour. What is the total labor content in a shirt? Provide your answer in minutes per shirt.
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A directive from upper management stating that all employees must wear an id badge at all times is an example of what?
A directive from upper management stating that all employees must wear an id badge at all times is an example of Security plan.
A formal document that summarizes the security demands placed on an information system and details the security measures already in place or being considered to meet those demands.
Daily procedures, precautions, and protocols for dealing with certain circumstances should all be included in a security strategy. Detention or disappearance related to security, security management, etc. The specific circumstance protocols will function more effectively the more frequently daily regulations and measures are put into place.
An organization can be positioned to minimize, transfer, accept, or avoid information risk connected to people, processes, and technologies with the use of an information security strategic plan. A well-established plan aids the business in protecting the privacy, accuracy, and accessibility of information.
Hence, this is an example of security plan.
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State and local governments entice businesses to locate in their area by offering Blank______. Multiple select question. job training incentives rural jobs tax credit low-wage jobs tax credit manufacturing tax credit minimum wage laws
Job training incentives, rural jobs tax credit and manufacturing tax credit
State and municipal governments provide tax credits for manufacturing, rural jobs, and job training incentives to persuade enterprises to settle there.
The purpose of on-the-job training is to give instruction and practice opportunities so that a learner with no prior experience can acquire the information, skills, and competencies necessary to carry out the tasks related to his or her job function. The process of enhancing rural residents' quality of life and financial security is working ahead with rural employment. Taxpayers can immediately deduct the amount of a tax credit from the taxes they must pay. Tax credits lower the actual amount of tax owing, as opposed to deductions, which lower the amount of taxable income.
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The nonaccelerating inflation rate of unemployment is the unemployment rate associated with ____ inflation and _____ unemployment.
The nonaccelerating inflation rate of unemployment is the unemployment rate associated with low inflation and low unemployment.
The lowest level of unemployment that can exist in the economy before inflation begins to slowly increase is known as the non-accelerating inflation rate of unemployment (NAIRU).
Inflation is constant when it is at the NAIRU level; it rises when unemployment increases; it falls when unemployment declines.
The Federal Reserve has historically employed statistical models to place the NAIRU level between 5 and 6 percent unemployment despite the fact that there is no defined formula to calculate NAIRU.
The Federal Reserve's mission is to achieve maximum employment and price stability, and assessing the NAIRU level while looking into inflation and unemployment aids it in achieving these goals.
Hence, The nonaccelerating inflation rate of unemployment is the unemployment rate associated with low inflation and low unemployment.
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An automobile club pays for emergency road services (ERS) requested by its members. The current policy rate the automobile club pays is based on the thought that 20% of services requested will be serious mechanical problems requiring towing. However, the insurance company claims that the auto club has a higher rate of serious mechanical problems requiring towing services. Upon examining a sample of 2927 ERS calls from the club members, the club finds that 1499 calls related to starting problems, 849 calls involved serious mechanical failures requiring towing, 498 calls involved flat tires or lockouts, and 81 calls were for other reasons. A. Construct a 98% confidence interval or by hand or step-by-step using R for the rate of all ERS calls from club members that are serious mechanical problems requiring towing services (after checking that necessary assumptions are well met). B.Using your confidence interval in part A, respond to the insurance company's claim. C.The club wants to construct a 95% confidence interval for the rate of service requests that are related to starting problems that has a margin of error of less that 0.01.What sample size should they examine from the ERS calls from their club members if they assume a call rate of 52%? (They chose a value close to what they observed in their sample of 2927 calls).
A higher percentage of major mechanical issues occur at the car club.
Emergency road services (ERS) are paid for by a car club on behalf of its members. The car club now pays a policy rate based on the assumption that 20% of repairs required will involve major mechanical issues necessitating towing.
The insurance provider asserts that the auto club has a greater incidence of significant mechanical issues needing towing services. A sample of 2927 ERS calls from club members was examined, and the club discovered that 1499 of those calls involved starting issues, 849 were significant mechanical issues requiring towing, 498 involved flat tires or lockouts, and 81 were for unspecified reasons.
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Item7 Time Remaining 15 minutes 14 seconds00:15:14 Item 7 Time Remaining 15 minutes 14 seconds00:15:14 If __________ is the constraint, we should __________ the staffing level to raise capacity.
If capacity is the constraint, we should raise the staffing level to raise capacity.
What is the relation between capacity and level of staff?Capacity planning can be difficult for businesses of any size. It necessitates a careful balancing act between real-time staff availability, budgetary resources, and job demands from clients, partners, or other stakeholders.
When demand outpaces supply and the flow rate is equal to the processing capacity, capacity is limited. A factor that hinders a corporation from producing more is capacity limitation.
If capacity is limited, we should increase staffing to free up more space.
I understand the question you are looking for is this:
If __________ is the constraint, we should __________ the staffing level to raise capacity.
a. demand, lower
b. demand, raise
c. capacity, raise
d. capacity, lower
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Scrapper Elevator Company has 20 sales representatives who sell its product throughout the United States and Canada. The number of units sold last month by each representative is listed below. Assume these sales figures to be the population values. 2 3 2 3 3 4 2 4 3 2 2 7 3 4 5 3 3 3 3 5
The mean ls the average of a distribution obtained by taking the ratio of the sum and the frequency. The mean and standard deviation values of the distribution are 3.30 and 1.26 respectively.
We know,
Mean, μ = ΣX/ nStandard deviation = √varianceTo calculate mean and variance :-
X = 2,3,2,3,3,4,2,4,3,2,2,7,3,4,5,3,3,3,3,5
ΣX = sum of X = 66n = sample size = 20As, Mean = sum of x / sample size
66 / 20 = 3.3
Mean = 3.3
The variance = [Σ(X - μ)²] ÷ (n - 1)
Variance = [Σ(X - μ)²] ÷ (n - 1)
= (30.2) / 19 = 1.589
The standard deviation = √variance
= √1.589
= 1.26
Standard deviation = 1.26
Therefore,
The mean and standard deviation values are 3.3 and 1.26.
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Correct Question - Scrapper Elevator Company has 20 sales representatives who sell its product throughout the United States and Canada. The number of units sold last month by each representative is listed below. Assume these sales figures to be the population values. 2,3,2,3,3,4,2,4,3,2,2,7,3,4,5,3,3,3,3,51. Compute the mean of the population.2. Compute the standard deviation.3. what would be the mean of the sample means?4. what would be the standard deviation of the sample means?
If a seller facing excess demand is unable to raise the price of the good due to a price ceiling, a likely result will be:
A likely result will be a decrease in the quality of a product.
The fee ceiling is a state of affairs while the price charged is greater than or less than the equilibrium fee decided with the aid of market forces of demand and deliver. It's been found that higher price ceilings are useless. price ceiling has been discovered to be of extraordinary importance within the residence rent marketplace.
A price ceiling is a legal maximum rate that one will pay for some good or carrier. A government imposes rate ceilings as a good way to preserve the price of some necessary precise or services low-cost. as an example, in 2005 at some stage after Hurricane Katrina, the price of bottled water expanded above $five according to the gallon.
A rate ceiling continues a fee from growing above a sure level (the “ceiling”), even as a fee ground continues a rate from falling underneath a given degree (the “ground”). This phase uses the call for and delivers a framework to research price ceilings. the following section discusses rate flooring.
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Megan, a seller, tells the party buying her home that the property will soon be part of the public water system. She makes this claim based on erroneous information supplied to her by the city. The buyer relies upon this information and moves forward with the purchase of the home. This is an example of ______.
The buyer relies upon this information and moves forward with the purchase of the home. This is an example of Innocent misrepresentation.
What Is Innocent Misrepresentation?
Misrepresentation in general is a legal term that means “a false statement of fact that has the effect of inducing someone into a contract.” It originates from English common law, but has been adopted as a legal principle in the United States. It is a statement that is either untrue, or highly misleading (as opposed to a statement of opinion).
Innocent misrepresentation is one of the three recognized varieties of misrepresentations in contract law. Essentially, it is a misrepresentation made by someone who had reasonable grounds for believing that his false statement was true. So in the above example, if the seller didn’t know the stereo was actually old, he would only be liable for an innocent misrepresentation.
In the real world, however, it is often the case that because the other two varieties of misrepresentation (negligent and fraudulent) are much more difficult to prove, often this is the best course of action.
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A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $62; Second purchase $69; Third purchase $60. If the company sold two units for a total of $212 and used FIFO costing, the gross profit for the period would be
The gross profit for the period would be $81.
What is FIFO?According to the accounting principle known as first in, first out (FIFO), assets that are bought or acquired first are also the first to be sold. According to FIFO, the inventory still on hand is made up of products that were bought last.
Given that, the company made the first purchase at $62; second purchase at $69, and third purchase at $60.The company sold two units for a total of $212 and used FIFO costing.
Cost price of first two items = $62 + $69
= $131
The company sold two units at $212
Gross profit = $212 - $131
= $81
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Which statement is TRUE regarding a special warranty deed? A) The grantor's warranties are limited to the time the grantor owned the property.
The statement that is TRUE regarding a special warranty deed is option A The grantor's warranties are limited to the time the grantor owned the property.
What is a special warranty deed?A special warranty deed is a deed to real estate where the grantor warrants only against anything that occurred during their physical ownership. In other words, the grantor does not guarantee against any defects before they took possession of the property.
Therefore, the correct answer is option A. The grantor's warranties are limited to the time the grantor owned the property.
The complete question goes thus:
Which of the following is TRUE regarding a special warranty deed?
A. The grantor's warranties are limited to the time the grantor owned the property.
B. The grantor retains an ownership interest in the property.
C. The grantor is warranting that no undisclosed encumbrances exist against the property.
D. A grantor makes additional warranties beyond those given in a general warranty deed.
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If an advertiser doesn't want to add remarketing tags to a website, why would Customer Match be a good fit for them?
The correct answer is: Customer Match relies on your own data instead of a remarketing tag.
INTERPRETATION
If an advertiser doesn’t want to add remarketing tags to a website then Customer Match would be a good fit for them because Customer Match creates a similar audience for you by using the data from your ad accounts and campaigns. This makes the Customer Match data reliable because it uses your own data instead of a remarketing tag.
The Customer Match audience is created from the interests and behavior of the audience similar to your previous website visitors.
Therefore, we can conclude that the correct option is D. If an advertiser doesn’t want to add remarketing tags to a website then Customer Match would be a good fit for them because Customer Match relies on your own data instead of a remarketing tag.
Your question is incomplete, but most probably your full question was:
If an advertiser doesn't want to add remarketing tags to a website, why would Customer Match be a good fit for them?
a. Customer Match allows you to reach people who have been to your website
b. Customer Match allows you to reach people who haven’t been to your website yet
c. It wouldn’t be a good fit. You have to tag your website to use Customer Match
d. Customer Match relies on your own data instead of a remarketing tag
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The Hamlet Company uses the periodic inventory system. Information for the current year is as follows:Sales $ 2,650,000Beginning inventory 680,000Purchases 1,200,000Purchase returns 12,000Ending inventory 740,000Hamlet's cost of goods sold for the current year is:
$1128000.
Net purchases=Purchases-Purchases returns
=(1,200,000-12000)=$1188000
Cost of goods sold=Beginning inventory+Net purchases-Ending inventory
=680,000+1188000-740,000
=$1128000.
A periodic inventory system is a form of inventory valuation where the inventory account is updated at the end of an accounting period rather than after every sale and purchase. The method allows a business to track its beginning inventory and ending inventory within an accounting period.
A perpetual inventory system inventory updates purchase and sales records constantly, particularly impacting Merchandise Inventory and the Cost of Goods Sold. A periodic inventory system only records updates to inventory and costs of sales at scheduled times throughout the year, not constantly.
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Associations detected between measures of neighborhood environmental conditions and human microbiome diversity.
Association detected between measures of neighborhood environmental conditions and human microbiome diversity are as follows
Michigan state university , Department of geography , Environment and Spatial Science , East Lansing USAUniversity of Otago , Department of Public Health , Wellington , New Zealand Michigan State University Department of Entomology, East Lansing USAUniversity of Melbourne , Melbourne School of Population and Global Health Melbourne AustraliaWhile emerging research suggest urban green space revegetation increases soil microbiota diversity and native plant species affect skin microbiome diversity, there is still a relationship between neighborhood environment condition and human microbiome.
The environment condition of neighborhood may influence our microbiome through several pathways .
This study provide data on human microbiome samples . They evaluated relationship betweens microbiome and measures of environmental conditions near the home of 126 decendents . There were no potential indicator taxon among NDVI quartiles.
Some highlights of study between measures of neighborhood environmental conditions and human microbiome diversity
This study test how neighborhood environment may effect the human microbiome .For the rectum microbiome NDVI sd mouth and nose shows negative associations with diversity .For the mouth microbiome , they found and effect of percent trees on diversity.Learn more about measures of neighborhood environmental conditions and human microbiome diversity:
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Union leaders favor a standard rate of pay for each job (versus a pay range) because: Question 25 options: They distrust management merit/performance appraisal systems. A standard pay rate pays senior employees more. A pay range does not allow for merit increase. Supervisors have input in determining individual pay levels.
Union leaders favor a standard rate of pay for each job (versus a pay range) because A) they distrust management merit/performance appraisal systems.
Performance control is an ongoing process. all through the 12 months, managers are endorsed to have interaction with employees to establish desires, notice progress, and offer comments. Formal evaluations or appraisals regularly take region on a yearly or quarterly basis.
Performance appraisals are used to review the task performance of an employee over a few time frame. those reviews are used to highlight both strengths and weaknesses on the way to enhance destiny's overall performance.
A benefit-based totally performance appraisal machine encourages cooperation among personnel. makes use of pre-described criteria/requirements to rate the performance of employees. normally has an unfastened distribution, which allows any number of employees to be rated at any stage. Typically involves relative measures.
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Funeral parlors acquired that name because:
Funerals moved from the parlor in a family's home to a room reserved for such use by the undertaker. The funeral parlor in town became a substitute for the ceremonial room that people no longer had in their own homes.
Funeral carrier carriers need to provide correct, certain facts approximately cost, and felony requirements to individuals who are arranging funerals.
Through the mid-nineteenth century, the newly rising profession of businessmen-undertakers who furnished funeral and burial services started out adopting embalming techniques in general. Embalming has become extra common in the USA. at some point in the yank Civil conflict, whilst servicemen frequently died a ways from domestic.
The Funeral Rule, enforced through the Federal change fee (FTC), makes it possible with the intention to select the most effective goods and services you need or need and to pay the handiest for the ones you choose, whether or not you're making arrangements whilst a loss of life takes place or in advance.
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A journal is the place where ______.
A. a trial balance is kept
B. financial statements are prepared
C. transactions are posted
D. transactions are first recorded
A journal is a place where C. transactions are posted.
A journal is a scientific publication that contains articles written by researchers, professors, and other professionals. A journal focuses on a particular field or area of research. Unlike newspapers and magazines, journals are aimed at academic or technical readers rather than general readers.
A journal is a journal that specifically deals with a particular topic. All results are published in scientific journals. Synonyms: journal, record, review, registration Other synonyms for journal.
countable nouns. A journal is a journal that specifically deals with a particular topic. All results are published in scientific journals. Synonyms: journal, record, review, registration Other synonyms for journal.
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Milton Friedman helped to establish the economic theory of monetarism. Which statement best describes the idea of monetarism
Monetary policy is the best way to influence economic growth.
Appeared as a leader of the Chicago school of financial economics, Friedman burdened the importance of the quantity of cash as a device of government coverage and a determinant of enterprise cycles and inflation. His monetarism principle proposed that cash delivery modifications have immediate and long-term effects.
Milton Friedman became a U.S. economist and Nobel laureate known as the most influential propose of loose-marketplace capitalism and monetarism in the 20th century.
The monetarist principle is an monetary concept that contends that changes in cash deliver are the maximum good sized determinants of the charge of monetary increase and the behavior of the commercial enterprise cycle.
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When airlines charge higher prices for seats in the Economy section Exit rows that have more leg room, they are using which pricing strategy?
When airlines charge higher prices for seats in the Economy section Exit rows that have more leg room, they are using demand oriented pricing strategy.
What is demand oriented pricing strategy?This is a strategy, used by a seller inorder to set the price of a product at a limit within the buying capacity of the targeted consumers.
It is to be noted that demand-oriented attempts to set price at level that intended buyers are willing to pay.
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In what way(s) does gdp per capita not provide an accurate representation of living standards?
The ways that gdp per capita does not provide an accurate representation of living standards is option A, B,C.
What is gdp per capita ?Gross domestic product per capita is used to measure or determine the growth of a nation economy or income of a nation per individual who live in the nation.
Hence, gdp per capita cannot provide an accurate representation of living standards through the followings ways:
A. GDP per capita does not measure production that occurs outside of the market economy.B. GDP per capita does not account for changes in environmental quality.C. GDP per capita does not account for how people distribute their time between work and leisure.The missing options are:
A. GDP per capita does not measure production that occurs outside of the market economy.
B. GDP per capita does not account for changes in environmental quality.
C. GDP per capita does not account for all final goods and services sold in markets.
D. GDP per capita does not account for how people distribute their time between work and leisure.
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Asa believes that her organization is taking data collected from customers for technical support and using it for marketing without their permission. What principle is most likely being violated
Asa believes his organization is taking data collected from customers for technical support and using it for marketing without their permission. In this situation, the principle that is likely to be violated will be that of purpose limitation.
What is purpose limitation?It is a constitutional principle of protection of the data of individuals and companies, expressed in article 5, paragraph b, related to the protection of personal data. The legislation refers to the use of data for purposes other than those for which they were initially intended.
Related content can be a serious breach for companies, as data security is an increasingly relevant topic these days.
Therefore, it is essential that companies use the data of potential consumers only when this use is carried out following the principles provided for by law, in an ethical and safe way.
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Mcmurtry Corporation sells a product for $290 per unit. The product's current sales are 14,000 units and its break-even sales are 10,360 units. The margin of safety as a percentage of sales is closest to:Multiple Choice265te%
The correct option for The margin of safety as a percentage of sales is closest to C. 26%
margin of safety = ( current sales - break-even sales ) / Current sales
= ( 14,000 × $290 ) - ( 10,360 × $290 ) / ( 14,000 × $290 )
= $1, 055, 600 / $4, 060, 000
= 26%
∴ margin of safety = 26%
The margin of safety is a precept of making an investment in which an investor only purchases securities whilst their market rate is significantly below their intrinsic value.
In other phrases, when the marketplace price of protection is appreciably under your estimation of its intrinsic cost, the distinction is the margin of safety.
The margin of safety is the distinction between the quantity of predicted profitability and the break-even point. The margin of the safety system is the same as modern sales minus the breakeven factor, divided by way of modern sales.
Your Question is Incomplete. Please read below for the missing content.
Mcmurtry Corporation sells a product for $290 per unit. The product's current sales are 14,000 units and its break-even sales are 10,360 units. The margin of safety as a percentage of sales is closest to:
A. 74%
B. 65%
C. 26%
D. 35%
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Blue Ice Inc. is an American corporation. The company started out as a partnership between Nick Selver and Rita Andrew in 1985. In 2001, the partners decided to incorporate their company so they could sell company stock on the stock market . Blue Ice raised $10 billion with its IPO. It was one of the biggest IPOs of 2001.
Blue Ice Inc. is an American corporation. The company started out as a Partnership between Nick Selver and Rita Andrew in 1985. In 2001, the partners decided to incorporate their company so they could sell company stock on the Stock Market. Blue Ice raised $10 billion with its IPO. It was one of the biggest IPOs of 2001.
What is partnership?Partnership is a form of business carried out by two or more parties or people in which both parties involve in the partnership business must agreed to the terms and condition of the partnership and must as well share their profit equally.
Hence, Blue Ice Inc. is an American corporation. The company started out as a Partnership between Nick Selver and Rita Andrew in 1985. In 2001, the partners decided to incorporate their company so they could sell company stock on the Stock Market. Blue Ice raised $10 billion with its IPO. It was one of the biggest IPOs of 2001.
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Bailey broker sponsors two sales agents: Jon and Jen. Horace has signed a buyer representation agreement with Bailey to have Bailey and his team help Horace find a new home. What kind of agents are Jon and Jen to Bailey
A sales agent/license holder is a general agent of a broker/license holder. Both the broker and the sales agent typically become special agents of any client/principal. A broker and his sponsored sales agents are not agents of the client until an actual expressed agency relationship has been established. Until then, Horace is a customer.
A man or woman agent is one that has passed through considered necessary schooling, exceeded an exam, and been duly certified by IRDA to promote coverage policies to the general public and offer after-income providers along with helping on the time of a declaration. His license may be for life insurance, general insurance, or each.
182. 'Agent' and 'essential' are described. An 'agent' is a person hired to do any act for every other or to symbolize some other in dealings with 0.33 person. The person for whom such act is done, or who's so represented, is referred to as the 'fundamental'.
Standard Agent- Agent appointed to do all acts referring to a selected job. Sub-Agent-An agent appointed by way of an agent. Co-Agent- sellers together appointed to do an act together. Dealer- An agent whose process is to create a contractual date between two events.
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_____ involves abstaining from any activity that will affect an individual financially.
a. premium collection
b. loss prevention
c. risk assumption
d. loss control
e.risk avoidance
The risk assumption involves abstaining from any activity that will affect an individual financially. Assumption of risk is a tort law defence, specifically an affirmative defence, that bars or limits a plaintiff's right to recover against a negligent tortfeasor.
If the defendant can demonstrate that the plaintiff voluntarily and knowingly assumed the risks at issue inherent in the dangerous activity in which the plaintiff was participating at the time of their injury. A person who understands and recognizes the danger inherent in a particular activity cannot recover the damages in the event of injury under the assumption of risk doctrine.
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