The unit value that the company should specify is $39, $31 and $69 for products 1, 2 and 3 respectively in its ending inventory
Income statement: It is a statement that lists all of an organization's costs and revenues for a specific year, and the difference between the two is calculated and referred to as a profit or income. The expense items that are deducted from the profit are all removed from the income statement.
Computation of Units
Product Cost NRV Per unit Inventory Value
1 $39 $92 $39
2 $109 $31 $31
3 $69 $127 $69
NRV = Selling price - Cost to sell
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item x is a standard item stocked in a company's inventory of component parts. each year the firm, on a random basis, uses about 1,600 of item x, which costs $25 each. storage costs, which include insurance and cost of capital, amount to $8 per unit of average inventory. every time an order is placed for more of item x, it costs $16. a. whenever item x is ordered, what should the order size be? (round your answer to the nearest whole number.)
The annual cost of owning, operating, and maintaining an asset throughout its lifetime is known as the equivalent annual cost (EAC).
Because it enables a company to compare the cost-effectiveness of various assets with differing lifespans, EAC is frequently utilized in capital budgeting decisions.
Capital budgeting is one of many uses for the equivalent annual cost (EAC).However, the majority of the time, it is utilized to analyze two or more potential projects with distinct durations, where costs are the most important variable.
EAC can also be used to figure out how long an asset should last, whether it's better to lease or buy it, how much it will cost to maintain an asset, how much savings are needed to buy a new asset, and how much it will cost to keep equipment that is already in use.
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advocates say that fixed exchange rates can help a country deal with economic crises. true or false
False.
The given statement 'advocates say that fixed exchange rates can help a country deal with economic crises' is False.
A nation's economy suffers through an economic crisis when it abruptly decreases in power, generally due to a financial crisis. A recession, depression, or stagnation may result from an economic crisis.
When some financial assets lose a large part of their face value due to a financial crisis, it is considered a economic crisis. There were many recessions that coincided with bank panics during the 19th and early 20th centuries. Inflation, currency crisis, or financial/banking crisis are some examples of economic crises that slow down economic activity.
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assume that the price of big mac in japan is yen750 while that in the united states is $5.50. if the yen-dollar exchange rate is 125yen/dollar, what is the valuation of japanese yen?
The valuation of Japanese yen is 9.1% when the yen-dollar exchange rate is 125 yen/dollar.
Exchange rate:
Exchange rate defines the cost of exchanging one currency for another. And the rates are generally fluctuating due to economic and political factors.
Given,
Assume that the price of big mac in japan is yen 750 while that in the united states is $5.50.
Here we need to find the valuation of Japanese yen when the yen-dollar exchange rate is 125 yen/dollar.
First, we have to identify the rate of one yen in dollars.
In order to find that, we have to divide the dollar rate by the yen value, then we get,
=> 1 yen = 1/125
=> 1 yen = 0.008 dollar
Now, to find the valuation we have to divide the product price by the yen equivalent value, then we get,
=> 5.50/0.008
=> 9.1%
Therefore, the valuation of Japanese yen is 9.1%.
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what factors make capital appreciation bonds (can) a controversial method for local governments to finance projects?
Without raising taxes, they enable local governments to finance new initiatives.
A taxes is a mandatory financial charge or other sort of levy that is placed on a taxpayer by an administrative body to pay for various public expenditures, taxes, and administrative costs. A government organization collects taxes from people or businesses as mandated contributions. A tax credit is a sum of money that taxpayers are allowed to deduct, dollar for dollar, from the income taxes they must pay. Since tax credits lower the total amount of tax owed rather than simply the amount of taxable income, they are preferable to tax deductions. A nation's customs officials collect import duty, which is a tax, on both imports and some exports. The import duty will often be determined by a product's worth. Customs duties, tariffs, import taxes, and import tariffs are other names for import duties that depend on the context.
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a loan is offered with monthly payments and a 7.25 percent apr. what's the loan's effective annual rate (ear)?
The effective annual rate (ear) of a loan that has monthly payments and an APR of 7.25 percent is 7.50.
How much does an effective annual rate (ear) cost?
The Effective Annual Interest Rate (EAIR) is the interest rate that takes compounding over a given time period into consideration (EAR). Simply explained, the effective annual interest rate is the rate of interest that an investor can earn (or pay) in a year after accounting for compounding.
EAR can be used to calculate the returns on assets like savings accounts and guaranteed investment certificates as well as the interest due on any debt, including loans (GICs).
The annual equivalent rate (AER), effective rate, and effective interest rate are all terms used to refer to the effective annual interest rate. Compared to the APR, which is based on basic interest, this percentage rate is lower.
Calculation:
Given -
7.25% annual rate equals 0.0725
12 is the number of compounding periods (monthly compounding)
The following calculation can be used to get the effective annual rate:
[tex]EAR=(1+\frac{i}{n} )^{n}-1[/tex]
[tex]EAR=(1+\frac{0.0725}{12} )^{12} - 1[/tex]
Or,
Annual Effective Rate = 7.50
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44. jerry was in a big hurry to get to school because he had a group project presentation that day. he was driving north on temple avenue approaching university avenue in pomona. he saw the light turn from yellow to red and he drove faster since he honestly thought he could reach the intersection before any pedestrians began to cross the road. however, as jerry drove through the intersection he struck a pedestrian, peter, who was legally crossing the street. due to this incident, peter was seriously injured. peter sued jerry for damages. what would be the best category of tort for jerry's actions? a. intentional tort, because jerry knew that the light was red when he crossed the intersection. b. product liability, because jerry was using a mass-produced product (a car) when peter was injured. c. negligence, because car accidents are usually caused by carelessness. d. strict liability, because jerry ran the red light which is a violation of the california vehicle code.
The best category of tort for jerry's actions is negligence, because car accidents are usually caused by carelessness.
A tort is a civil wrong that causes a claimant to suffer loss or harm, resulting in legal liability for the tortious act's perpetrator. Tort law differs from criminal law in that it deals with criminal wrongs that are punishable by the state.
Tort law's primary goals are to provide relief to injured parties for harm caused by others, to hold parties responsible for the harm accountable, and to deter others from committing harmful acts.
Hence, the correct answer is "C"
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if another burger restaurant opens at the airport, you would expect the demand for your product to become more elastic.
The presence of the competitor at the airport will raise demand elasticity. A minor price adjustment will cause demand to move to the other burger joint.
The degree to which demand responds to a change in an economic component is referred to as demand elasticity. The most frequent economic element used to determine elasticity is price.
Other characteristics include income level and availability of substitutes. Elasticity evaluates how demand moves in response to changes in economic circumstances. Consumer durables are an example of an elastic demand product.
These are products that are purchased rarely, such as a washing machine or a car, and can be delayed if the price rises. Automotive refunds, for example, have been extremely effective in encouraging automobile sales by cutting prices.
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the owner of a chain of supermarkets notices that there was a positive correlation between the sales of beer and the sales of ice cream over the course of the previous year. during seasons when sales of beer were above average, sales of ice cream also tended to be above average. likewise, during seasons when sales of beer were below average, sales of ice cream also tended to be below average. the owner is curious whether the observed association is due to a cause-and-effect relationship between eating ice cream and desiring beer. to investigate this, the owner should use:
Another factor, such as the weather, may have an impact on the sales of both ice cream and beer.
What does a business sale entail?Any transaction where money or substance is transferred for the right to own a good or access to a service is referred to as a sale in regular commercial operations . When used in the sense of accounting, the term "sales" describes the revenue that a company generates from the sale of goods and services (net sales).
Why are sales so crucial?Sales have a big effect on how customers become loyal and how much faith they have now in businesses .The key factors that influence a customer's decision to refer your business to a family member or friend or to leave a positive online review of your goods or services are trust and loyalty.
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An FHA loan made last year may be assumed:
-only by a buyer who intends to occupy the property
-only by a buyer who intends to occupy the property as a primary residence
-only by a buyer who has had an FHA loan before
-by any buyer, regardless of whether he intends to occupy the property
Loans after that date may also be assumed, but the Federal Housing Administration requires a" creditworthiness supposition process". Simple hypotheticals may not bear FHA blessing, but the borrower and lender must work out the details together.
What happens to the property?For all loans after the 1986 cut off date, FHA blessing and borrower credit verification are needed. The" new" FHA rules governing loan supposition requires the borrower to qualify important in the same way he or she'd qualify for any other FHA home loan.
A loan supposition credit check is done in the same way as the procedure for any FHA loan operation. Loan hypotheticals can not offer more lenient credit check programs or more strict bones
According to the FHA, under the" Determining if an Assumptor is Creditworthy" rule," The lender who's the holder or servicer of the mortgage determines the creditworthiness of the assumptor, in agreement with standard mortgage credit analysis conditions. The Direct Countersign( DE) lender may also use an approved authorized agent to reuse hypotheticals."
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why do your colleagues compute mses of the same models twice, and the second time on a different dataset?
The colleagues compute MSE's of same models twice and the second time on a different dataset to increase the probability of correct dataset.
What is a dataset?A group of data is referred to as a data set (or dataset). When dealing with tabular data, a data set is equivalent to one or more database tables, each of which corresponds to a specific record of the corresponding data set and each of whose columns and rows represent different variables. Each member of the data set is given values for each of the variables, such as the object's height and weight, in the data set. A group of papers or files can also make up a data set. The information made available in a public open data repository is measured in open data by data sets.
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a company that has a lot of resources (that is, capital or money), expertise, and market experience, is more likely than smaller, less well-endowed firms to practice which target marketing strategy?
A corporation using differentiated marketing creates marketing strategies that appeal to at least two different target audience segments.
A differentiated target marketing strategy: what is it?A differentiated targeting strategy, which is frequently referred to as segmented marketing, is created to identify and concentrate on major target categories that have the greatest potential value for your company. The objective then becomes creating unique market targeting methods for each of your primary objectives. A "different" market that is interested in purchasing a certain kind of goods is the focus of differentiated marketing. For instance, a company selling organic dog food is trying to attract a certain demographic, one that is environmentally sensitive, animal-loving, and health conscious. Marketing, packaging, pricing, and product design are examples of differentiating factors.
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amy clark just opened a soup and salad restaurant near golden gate park in san francisco, ca. rather than borrow money or raise funds from investors, amy used her creativity and ingenuity and figured out how to get her business up and running without the need for external funding. amy is utilizing a technique referred to as .
Amy Clark is using a technique known s bootstrap.
The term "bootstrapping" is used in business to describe the process of launching and expanding a company using only readily accessible resources, such as personal finances, home computers, and garage space.
Starting a business from scratch without or with minimal outside investment is known as bootstrapping. By having the owner pay for and use the resources individually, it avoids using a pool of equity or large bank loans to finance small businesses.
According to the fundamental idea of bootstrapping, inference about a population from sample data (sample population) may be represented by resampling the sample data and performing inference about a sample from resampled data (resampled sample).
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which manufacturing process would the be most appropriate to use if you were producing and selling custom design wedding cakes?
The manufacturing process that would the be most appropriate to use if you were producing and selling custom design wedding cakes is a make to order process.
What Is Make to Order (MTO)?In manufacturing, the Make to order (MTO) refers to a business production strategy that typically allows consumers to purchase products that are customized to their specifications. It is one of the manufacturing process in which the production of an item begins only after a confirmed customer order is received.
Some of the advantages to Make to order include customization for customers, reduction in stock obsolescence and finished goods inventory and overall waste.
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starting from short-run equilibrium, the following occurs: the u.s. dollar depreciates and wage rates rise. moreover, the effect on the economy from the dollar depreciating is stronger than the effect on the economy from rising wage rates.what is the effect on the price level and real gdp in the short run? a. the price level falls and real gdp falls. b. the price level rises and real gdp falls. c. the price level falls and real gdp rises. d. the price level rises and real gdp rises.
The effect on the price level and Real GDP in the short run is that the the price level rises and real GDP rises.
There is a close relationship between GDP and prices. When GDP is high, price is usually high as well. This is because when the economy is doing well, people have more money to spend, and businesses can wage more for their goods and services.
When GDP is low, prices are usually low as well. This is because when the economy is struggling, people have less money to spend, and businesses have to charge less to attract customers. The GDP growth rate is a key indicator of the health of an economy.
Hence, the correct option is "D".
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an adjustable rate mortgage has an initial interest rate of 5%. when the first interest rate adjustment date arrives, the rate can be adjusted a maximum of 1%. at all subsequent adjustment dates, the interest rate can be adjusted a maximum of 2%. the highest rate of interest that may be charged at any given time is 9%. what does the 9% rate represent?
The adjustable rate mortgage is represented as a lifetime cap.
A lifetime cap, sometimes known as a life cap, informs a borrower of the highest interest rate they may incur over the course of the loan. Typically, this cap is in effect for the duration of the mortgage. A mortgage is a security interest that a lender holds in real estate to cover an obligation, typically a financial loan. The lifetime gap is the maximum sum a borrower must pay back to the lender under a mortgage.
In most cases, the lifetime cap is specified as an increase in percentage from the starting interest rate. Whatever the margin, it is the highest rate that may be imposed. The initial interest rate in the cited instance was 5%; it can be modified by a maximum of 1% and 2%. Further, it can be charged at 9%, the highest interest rate. This adjustable-rate mortgage is represented as a lifetime cap.
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what is an elevator doing when it sells cash grain and buys futures? establishing a speculative position establishing a buy basis setting a spread establishing a sell basis
The elevator sets the spread when it sells grain for cash and buys futures markets. as per the given statement in question.
What is the futures market?
A futures market is an auction market where participants trade futures and commodity contracts for delivery on predetermined dates in the future. Futures are exchange-traded derivative contracts that guarantee the delivery of a commodity or asset at a price set today, regardless of when it is delivered.
Commodity producers and suppliers use futures contracts to try to reduce market volatility. With an investor willing to accept both the risk and the reward of a volatile market, these manufacturers and suppliers negotiate contracts.
Futures markets are not only used for agricultural contracts; they are also used to buy, sell and hedge financial products including interest rate futures.
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if you were a hiring manager, how could you choose candidates to minimize the influence of gender or racial stereotypes in your hiring decision?
The number of years you have worked in the field will probably be used by hiring managers to compare two candidates.
How to make your hiring process free of unconscious bias
Eliminate any gendered language, introduce difficulties for blind skills, Make decisions based on data, Promote roles on new platforms, Make sure the interviewing process is organized, Have a hiring committee, Eliminating unintentional prejudice. Most likely, you receive the "extra points" if you have more extensive related experience. Therefore, as a candidate, you must demonstrate to the hiring managers that you have substantial experience in the field. The Society for Human Resources Management (SHRM) advises adopting structured interviews, in which applicants are asked the same set of predetermined questions that concentrate on factors that directly affect job performance.
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what is the minimum amount of income stephanie should recognize for tax purposes this year if she recognizes $2,250 of income for financial accounting purposes?
If Stephanie recognizes $2,250 in income for financial accounting purposes, she should recognize a minimum of $2,250 in income for tax purposes this year.
Describe tax.Taxes are compulsory payments made by a government organization, whether local, regional, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, such as Social Security and Medicare as well as public infrastructure and services like roads and schools.
Taxes are borne by whoever bears the cost of the tax in economics, whether this is the entity being taxed, such as a business, or the final users of the items produced by the business. Taxes should be taken into consideration from an accounting standpoint, including payroll taxes, federal and state income taxes, and sales taxes.
Calculation:
For her company, Stephanie has chosen to employ the accrual method of accounting. If Stephanie recognizes $2,250 in revenue for financial accounting purposes, what is the least amount of income she needs to recognize for tax purposes this year?
$9000 was the total income over three years.
$9,000 divided by 12 months Equals
=$3,000
$3,000*9/12 is the amount of income that should be recognized.
=$2,250
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would you consider setting new goals about the number of online positive reviews attributed to your customer service?
Examples of customer service goals include: improving how you measure customer service, speeding up response times, making it easy for customers to get in touch, and creating a customer-centric culture.
In sales, trade, and economics, a purchaser (every now and then known as a client, consumer, or patron) is the recipient of a great, carrier, product or idea - acquired from a vendor, seller, or dealer via an economic transaction or alternate for money or a few different valuable attention. Early societies relied on a present economic system based totally on favors. Later, as commerce evolved, much less permanent human family members had been fashioned, relying extra on transitory wishes instead of enduring social goals on. Clients are normally stated to be the clients of goods and services, whilst customers are folks that get hold of customized recommendations and answers.
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Your credit score is not associated with:
A. securing a home loan.
B. getting approved to rent an apartment.
C. being hired by a hiring manager.
D. an increase in salary.
Your credit score is not associated with:D. an increase in salary.
What is credit score?A credit score can bne described as the numerical expression which is been done conwidering some level analysis of a person's credit files which help to know more about the person.
It should be noted that this help to know the creditworthiness of an individual and it help to know aboput te financial capacity of a person, it can be a determinant when one is trying to secure a loan for home as well as when one is trying to rent something on credit.
Therefore, option D is correct.
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a core country company moves fabric production to a periphery nation where labor costs are lower, and there is less governmental oversight of working conditions. which term best defines this model?
Flexible accumulation is the term that defines If a company relocates to a less developed country where labour expenses are cheaper.
what is Flexible accumulation ?In response to competition from newly industrialising and less developed countries as well as the saturation and fragmentation of markets within more economically developed countries, innovative industrial technologies, adaptable inter-firm relations, variable organisational structures, and flexible consumption have been used.
In the middle of the 1980s, most Western nations experienced an economic boom thanks to the emergence of flexible accumulation. This economic boom had the effect of paving the way for the inclusion of environmental issues on the political agenda.
Harvey claims that the shift to flexible accumulation has involved two key changes. The first is the evolution of knowledge. The second, however, is the expansion of global finance's influence.
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if revenues are credited, which of the following situations occurred? a.) the company takes out a $5,000 loan from the bank. b.) the company runs a promotion for $25 off your first rental. c.) the company earns $1,000 in interest on its investments. d.) the company has to pay $500 for repairs to its car lift.
If revenues are credited, which of the following situations occurred the company earns $1,000 in interest on its investments.
What are revenues?
Revenue in accounting refers to the entire amount of money made through the sale of products and services that are essential to the company's core operations. The term "commercial revenue" can also refer to sales or turnover. The term "revenue" can refer to income in general or the amount earned during a specific period of time, as in "Last year, Company X had revenue of $42 million." Some businesses receive revenue via interest, royalties, or other fees. The general definition of profits or net income is total revenue less total expenses for a specific time period.
Sales revenue is the income obtained from selling goods or services over a period of time. In general usage, revenue is the entire amount of income obtained by the sale of goods or services related to the company's operations.
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what is the difference between margarine and butter? why is there special concern regarding the regulations of these products and who raised these concerns?
The difference is that margarine is made from vegetable oils, so contains no cholesterol and higher in good fats. Butter made from animal fat, which contains cholesterol and high levels of saturated fat. The consumer raised these concerns because of their health.
Margarine generally tops butter with regards to heart fitness. Margarine is made from vegetable oils, so it incorporates unsaturated "appropriate" fats — polyunsaturated and monounsaturated fat. these forms of fat help lessen low-density lipoprotein (LDL), or "terrible," ldl cholesterol while substituted for saturated fat.
Margarine is a selection used for flavoring, baking, and cooking. it is most usually used rather for butter. although initially crafted from animal fats, maximum margarine fed on nowadays is made from vegetable oil.
The unfold become initially named oleomargarine from Latin for oleum and Greek margarite.
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assume the equilibrium price for an apartment in plano is $1000 a month. city council imposes a price ceiling of $755 a month on the plano apartment market to help low income people. this leads to:
According to the rule of demand, as a good's price drops, so does the quantity that is sought for.
What is Law of Demand?The law of demand holds that, all other things being equal (cetris peribus), the relationship between price and quantity demanded for any good or service is inverse. A product's price increase causes a decrease in consumer demand for that same product.The law of demand explains why consumers make certain decisions when prices vary. When a good's price increases, there is less demand for that good in the market, presuming other factors that affect demand remain constant.This is how people naturally make purchases.This occurs as a result of consumers' reluctance to spend more money because they are concerned about running out of money.To Learn more About Law of Demand refer to :
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a firm that uses a push supply-chain strategy is most likely to group of answer choices produce small quantities of multiple goods at the same time. produce a limited number of products rather than risk high inventory costs. manufacture products before it receives any orders for those products. try and keep its inventory costs to the bare minimum. adapt to changing demand patterns, rather than depend on sales forecasts.
As part of the push supply chain strategy, decisions regarding when products are manufactured and shipped are based on anticipated demand from customers. For seasonal goods, the traditional push supply chain strategy is used.
Where are push-pull strategies used?The business terms "push" and "pull" were first used in supply chain management and logistics, but they are also frequently used in marketing and the hotel distribution industry.
What are the benefits and drawbacks of a supply chain that is based on push?Long-term planning, readily available stock, economies of scale, and the ability to plan and control more are the main benefits of this strategy. However, a push strategy's main flaw is that it takes a long time to respond to market shifts.
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what kinds of e-commerce activities will the company's new website need to support to best promote their expanded services nationally? a. mobile-side b. digital-side c. buy-side d. sell-side
Digital-side kinds of e-commerce activities will the company's new website need to support to best promote their expanded services nationally.
E-commerce, commonly referred to as electronic commerce or internet commerce, is the term used to describe the exchange of money and data for the purpose of transacting business through the internet. These business dealings can be either B2B (business-to-business), B2C (business-to-consumer), C2C (consumer-to-consumer), or C2B. An e-commerce website is one that enables customers to buy and sell tangible products, services, and digital commodities over the internet as opposed to at a physical store. A company can process orders, receive payments, handle shipping and logistics, and offer customer care through an e-commerce website.
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using revenue as an allocation base, the amount of costs allocated to the lower school is calculated to be:
Using revenue as an allocation base, the amount of costs allocated to the lower school is calculated to be Amount allocated to upper school = 1000000/2500*900 i.e 360000.
Revenue, which is determined by multiplying the average sales price by the quantity of units sold, is the money made through regular business activities. The top line (or gross income) figure is what is used to calculate net income by deducting costs. Sales are another name for revenue in the income statement.
Revenue is the cash that a firm generates via its operations. Depending on the accounting technique used, there are several ways to compute revenue. Sales made on credit will be included as revenue for products or services provided to the client under accrual accounting. Revenue may be recognized in accordance with certain standards even though payment has not yet been made.
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the time between when a recession begins and when the central bank lowers interest rates to stimulate aggregate demand is an example of an:
The time between when a recession begins and when the central bank lowers interest rates to stimulate aggregate demand is an example of an inside lag of monetary policy. (Option D)
What is inside lag?The time it takes for a government or central bank to react to an economic shock is known as the inside lag (or inside recognition and decision lag) in economics. It is the postponement of the execution of a monetary or fiscal policy.
In conclusion, internal lags cause delays in the execution of a policy since it takes time to pinpoint the issue and more time to put monetary measures into place. The central bank's or the government's delay in responding to the country's economic shock is referred to as the outer lag, in comparison.
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The complete question can be found below:
The time between when a recession begins and when the central bank lowers interest rates to stimulate aggregate demand is an example of an:
A. inside lag of fiscal policy.
B. outside lag of fiscal policy.
C. outside lag of monetary policy.
D. inside lag of monetary policy.
Answer: Option D
The collection of interactions a company has with a customer who has already purchased a product is
called
When dealing with customers face-to-face, a good customer service technique is
to
When speaking with customers over the phone, it is important to be aware of
can change the meaning of what is said.
If the customer appears to be frustrated the company service agent should try to understand the situation and should be familiar with situation.
What is a customer service technique?
A good service technique is a face-to-face interaction, first listen, summarize the problems, and repeat one should try to get a detailed insight into the problem and understand the client's frustration they should remember to tackle the situation carefully. They should have patience, empathy, and other qualities.
What are three important technique of customer service?
Essentially, the three "p"s of professionalism, patience, and a "people-first" mindset are the three key components of good customer service. Although each customer's experience with customer care is unique, as long as you're adhering to these rules, you're on the right route.
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Answer:
The collection of interactions a company has with a customer who has already purchased a product is
called
✔ customer service
.
When dealing with customers face-to-face, a good customer service technique is
to
✔ maintain eye contact
.
When speaking with customers over the phone, it is important to be aware of
✔ tone of voice
because it can change the meaning of what is said.
Actually got it right.
Have a good one!
3. tri-coat paints has a current market value of $36 per share with earnings of $2.48. what is the present value of its growth opportunities (pvgo) if the required return is 7%?
The Present Value of its Growth Opportunities (PVGO) is $0.57.
Given in the Question:
Price per share = $36
Earnings = $2.48
Required rate of return = 7%
The formula for computation of the present value of growth opportunities (PVGO) is given below:
= Price per share - (Earnings ÷ required rate of return)
= $36 - ($2.48 ÷ 7%)
= $36 - $35.43
= $0.57
hence, the present value of its growth opportunities (PVGO) is $0.57.
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