Operations management is applicable to all firms, whether manufacturing and service.
What is management?Management refers to the management of an organization, such as a corporation, non-profit organization, or government agency.This is the art and science of managing company resources. Management includes the activities of setting an organization's strategy and coordinating people's efforts to achieve goals using available resources such as financial, natural, technological and human resources. His two concepts of "running a business" and "changing a business" are managed to distinguish between the continuous provision of goods and services and the adaptation of goods and services to the changing needs of customers. There are two concepts used. See trends. The term "administrators" can also refer to people who lead an organization, i.e. management.To learn more about management from the given link :
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the amount of money that the borrower receives at the time a discounted note is made is known as the numerator
False. The numerator of a discounted note is not the sum of money that the borrower receives at the time it is issued.
A discounted note is what?Any short-term debt obligation that is issued at a discount from par is known as a discount note. Discount notes, which resemble zero-coupon bonds and Treasury bills (T-Bills), are typically issued by government-sponsored organizations or borrowers with strong credit ratings.
Up to one year is the maximum maturity period for discount notes. Investors are not given periodic interest payments with discount notes. Instead, investors buy discount notes at a reduced cost and receive the full face value (also known as "par value") of the note when it matures.
Discount notes are fixed-income securities that don't pay interest while they're outstanding. The notes are sold at a discount to par because investors do not receive the additional benefit of recurring interest income.
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merchandise subject to terms 2/10, n/30, fob shipping point, is sold on account to a customer for $25,000. what is the amount of the sales discount allowable? a.$260 b.$150 c.$500 d.$460
The maximum sales discount permitted is $500 when merchandise subject to terms 2/10, n/30, and fob shipment point is sold to a client on account for $25,000.
What do you mean by sales?A sale is an arrangement in which a seller trades money for the sale of tangible or intangible goods, assets, or services between a buyer and a seller. In a sale, there are usually two or more parties involved. One can think of a sale or a contract between two or more parties, such as the buyer and seller.
Why are sales such a big deal?Sales have a big impact on how customers become loyal and how much trust they have in brands. Trust and loyalty are the main factors influencing a customer's choice.
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abc, inc. has purchased a factory for $150,000 with an expected useful life of 6 years or 50,000 hours of use. they use the machine 5,000 hours per year to produce their product. the expected salvage value is $25,000. what will the depreciation expense be for each year? what will be the balance of accumulated depreciation? assume you are using the following methods: a. straight-line b. double-declining balance c. units-of-production
The straight-line is $31,250. While the double-declining balance is $8,670 the units-of-production is $2.5.
The computation of the depreciation expense for the second year can be seen below:
a) Straight-line method:
= (Original cost - residual value) ÷ (useful life)
= ($150,000 - $25,000) ÷ (6 years)
= ($125,000) ÷ (4 years)
= $31,250
In this method, the depreciation is same for all the remaining useful life
(b) Double-declining balance method:
First we have to find the depreciation rate which is shown below:
= One ÷ useful life
= 1 ÷ 6
= 0.17
= 17%
Because of the rate is double So, 2 x 17% = 34%
In year 1, the original cost is $150,000, so the depreciation is $25,500 after applying the 34% depreciation rate
In year 2, the $25,500 × 34% = $8,670
(c) Units-of-production method:
= (Original cost - residual value) ÷ (estimated production)
= ($150,000 - $25,000) ÷ ($50,000)
= ($125,000) ÷ ($50,000)
= $2.5 per miles
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avril and john are ages 70 and 72, respectively, and file a joint return. they have an agi of $17,000 and received $1,000 in nontaxable social security benefits. how much can avril and john take as a credit for the elderly or the disabled?
$375 can avril and john take as a credit for the elderly or the disabled.
What is meant by social security ?
Social security protection is officially referred to as a fundamental human right in ILO agreements and UN treaties, despite the fact that it only benefits a small part of the world's population. Social security is frequently described as a system of contribution-based health, pension, and unemployment insurance, together with social benefits that are funded by taxes, in a society that is becoming more global.
Social security is the safety net that a society offers to people and families to ensure that they have access to health care and to provide them with financial stability in cases of old age, unemployment, disease, invalidity, work accidents, maternity, or the death of a primary earner.
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Briefly describe the two types of marketing and operations models used by the insurance industry.
Answer:
The two dominant types of life/health marketing systems are the general agency and the managerial (branch office) system. General Agency System A general agent is an independent businessperson rather than an employee of the insurance company and is authorized by contract with the insurer to sell insurance in a specified territory.
Explanation:
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Pooja, Cathy, Huzefa, and Angela have come together to form a group based on their common interest of dining at new restaurants and writing about them in their blog. What kind of a group is this?
Pooja, Cathy, Huzefa, and Angela have come together to form a(n) ______ group.
Pooja, Cathy, Huzefa, and Angela have come together to form a(n) common interest group.
What is group?The term group refers to the two or more people are the involved on the particular activity. A group is an involved of the person are the based on the informal group. It was the people are to enjoy the person to the another person company.
The definition of a “interest group” is members of the group are chosen based on their interests. There was the interset are the common on the work to the new restaurants and also the blog writing.
As a result, the Pooja, Cathy, Huzefa, and Angela have come together to form a(n) common interest group.
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g the canning company has been hard hit by increased competition. analysts predict that earnings (and dividends) will decline at a rate of 5% annually into the foreseeable future. if canning's last dividend (d0) was $2.00, and investors' required rate of return is 15%, what will be canning's stock price in 3 years?
The dividend growth model is the one that predicts the price of a stock that pays a perpetual dividend and grows at a constant rate. It is calculated by dividing the expected dividend by the total return less the growth rate.
P3: Current price*(1+Growth rate)3 =8.63636364*(1-0.05)3 =$7.41 (approximate) =D1/(Required return-Growth rate) =(2*(1-0.05)/(0.17-(0.05) =1.9/0.22
What is the model for dividend growth?A mathematical formula called the dividend growth model can be used by investors to figure out what a company's stock is worth based on its current dividend and how much it expects to grow in the future.
The Gordon growth model uses the assumption that a company's payments to its common equity shareholders will always increase to determine a company's stock price.The required rate of return (RoR), dividends per share (DPS), and dividend growth rate are the three primary inputs to the model.
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on january 1, fashion magazine received $15,000 from subscribers for the annual subscriptions that it recorded in unearned revenue. the issues of the magazine are sent digitally to subscribers monthly. what amount of subscription revenue should the magazine recognize on january 31 when the first issue is sent?
Amount of subscription revenue should the magazine recognize on january 31 when the first issue sent is $1250.
What is unearned revenue?
In accrual accounting, money received for goods or services but not yet earned is referred to as delayed income, unearned revenue, or unearned income. It is recorded as a liability up until delivery is made, at which point it is transformed into revenue in accordance with the revenue recognition principle.
When an expense is incurred, the associated expense item is recognized, and the corresponding amount is subtracted from accrued expenses. Deferred income and accrued expense share many similarities. The difference is that a liability to be covered later is a good or service received from a counterpart, whereas cash is to be paid out in a later period. To clarify, accrued expense represents the money that a company owes to others, whereas deferred revenue represents the money that a company receives in advance and represents the goods and services that a company owes to its customers.
To figure out how much will be made each month:
$15,000/12months
=$1,250.
So $1,250 for January
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christine thinks her job's strict lateness policy is an indication of her boss's overly controlling personality, rather than a necessity dictated by the company's high sales goal (her boss has to report how many shoes were sold each day to the corporate headquarters). her judgment best illustrates .
The fundamental attribution fallacy describes a person's propensity to attribute another person's behavior to their personality or character while attributing their own behavior to outside, uncontrollable situational conditions.
What does "fundamental attribution" mean?The fundamental attribution fallacy refers to a person's predisposition to explain their own behavior by external, uncontrollable situational factors while attributing the actions of others to their nature or character. Maria's car breaks down while on a highway. She is internalizing the mistake if she blames her ignorance of autos for the breakdown. If she believes the breakdown was caused by her car's aging, she is utilizing an external attribution. Fundamental attribution error happens when we view other people's behaviors and our own behavior differently. We essentially see people moving while their surroundings stay the same when we watch them behave. They consequently become the
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The fundamental attribution fallacy describes a person's propensity to attribute another person's behavior to their personality or character while attributing their own behavior to outside, uncontrollable situational conditions.
What does "fundamental attribution" mean?The fundamental attribution fallacy refers to a person's predisposition to explain their own behavior by external, uncontrollable situational factors while attributing the actions of others to their nature or character. Maria's car breaks down while on a highway. She is internalizing the mistake if she blames her ignorance of autos for the breakdown. If she believes the breakdown was caused by her car's aging, she is utilizing an external attribution. Fundamental attribution error happens when we view other people's behaviors and our own behavior differently. We essentially see people moving while their surroundings stay the same when we watch them behave. They consequently become theTo learn more about fundamental attribution refer to
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What causes the total amount of interest paid on a mortgage to be so much higher than on other types of debts?.
The mortgage is higher because the owing loan amount is higher.
The principle of your mortgage refers to the amount you borrow. Your monthly payment will be divided into two parts: the main, or outstanding mortgage debt, and the loan's interest. In exchange for lending you money, the lender will charge you interest. The majority of people's monthly payments also include extra sums for insurance and taxes.
Your equity is increased and your loan balance is decreased when a portion of your payment is applied to the principal. Your balance or equity is neither lowered nor increased by the portion of the payment that is used for interest. Therefore, the equity you accumulate in your property will be considerably less than the total of your monthly payments.
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an auditor must obtain professional experience primarily to group of answer choices receive a positive employment evaluation. exercise professional judgment. receive a favorable peer review. earn a specialty designation by the aicpa.
To exercise professional judgment, an auditor has to have professional experience.
The auditor must use professional judgment in order to successfully carry out his tasks. He must interpret GAAS and ethical standards in order to make wise judgments. This may be acquired via education and practical experience.
Using professional judgment entails accepting accountability for your actions and being able to do so in all situations. Even when an RD uses outstanding professional judgment, unfavorable client outcomes may nonetheless occur through no fault of her own.
Choosing whether to use a strategy like zero-based budgeting in any area of a company is one example that comes to mind.
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monopolists attempt to capture consumer surplus in the form of profits by using price discrimination. true false
the primary reason for an audit by an independent, external audit firm is to group of answer choices satisfy governmental regulatory requirements. guarantee that there are no misstatements in the financial statements and ensure that any fraud will be discovered. relieve management of responsibility for the financial statements. provide increased assurance to users as to the fairness of the financial statements.
The assurance that statements are created in line with accounting principles and concepts increases the assurance that users have regarding the fairness of the statements of financial status provided by the audit company.
How do you offer an acceptable level of assurance?A sufficient amount of adequate audit evidence must be obtained by the auditor in order to minimize audit risk to an acceptable low level in order to attain reasonable certainty. As a result of the possibility that a major misrepresentation will go unnoticed, there is some uncertainty associated with the use of sampling.By assuring users that statements are created in line with accounting principles and concepts, the audit firm can boost users' confidence in the accuracy of the statements of financial condition.The assurance that statements are created in line with accounting principles and concepts increases the assurance that users have regarding the fairness of the statements of financial status provided by the audit company.To learn more about Assurance refer to:
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the price elasticity of supply measures how responsive group of answer choices equilibrium price is to equilibrium quantity. sellers are to a change in buyers' income. sellers are to a change in price. consumers are to the number of substitutes.
Elasticity of supply measures how responsive: sellers are to a change in price.
Definition of Supply Elasticity and its LawElasticity of supply is a term in microeconomics that interprets the influence of large or small perceptions of changes in the quantity of goods offered due to price changes.
Based on economic theory, in the law of supply and demand, the supply of an item or service will increase if the price increases. And vice versa, the supply of an item or service decreases when the price drops.
Thus, in order to measure such a change, we need the concept of elasticity of supply that can measure the level of quantity supplied in response to a change in price.
Types of Elasticity of SupplyTypes of Elasticity of Supply- Perfectly Inelastic Supply
A good or service has a perfectly inelastic supply if the quantity supplied at any price. The elasticity of supply as such is zero, meaning that there is no elasticity.
For example, this type of elasticity is the supply of exclusive items such as the Mona Lisa painting. Whatever the price offered, the demand for the supply of these goods will not increase.
- Relatively Less-Elastic Supply
When the change in supply is relatively small compared to the change in price, we can say that the product has a relatively less elastic supply. In this case, the price elasticity of supply is assumed to be less than 1.
- Relatively Greater-Elastic Supply
If the change in supply is relatively more than the change in price, we assume that the product has a relatively more elastic supply. This means that the price elasticity of supply is greater than 1.
- Unitary Elastic
For a product with a unit elasticity of supply, the change in the quantity supplied of a product is exactly the same as the change in its price. In other words, changes in price and supply of goods or services are proportional to each other. That means, the value of the price elasticity of supply in such a case is equal to 1.
- Perfectly Elastic Supply
A good or service with perfectly elastic supply has infinite elasticity. In such a case, the supply becomes zero.
This type of elastic supply reflects the fact that suppliers of such a commodity are willing to supply some of the product at a higher price. In a perfectly elastic supply curve, the straight line is parallel to the quantity or quantity of the product.
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48. which of the following is the best argument for sharia for his position that he is entitled to the five extra $100.00 payments he is claiming? a. the objective standard of contract interpretation. b. the reasonable expectations of the parties. c. modification of the contract due to subsequent conduct. d. the parol evidence rule.
The modification of the contract due to subsequent conduct is the best argument for sharia for his position that he is entitled to the five extra $100.00 payments he is claiming
A contract modification is any change, in part or whole, to a legally binding agreement between two or more parties. Any contract can be amended before or after the agreement is signed, but all parties must agree to the changes. The changes are null and void if any party does not agree to them.
Contract modifications are classified as unilateral or bilateral.
Unilateral modifications are usually used to make administrative changes, issue change orders, make changes authorized by clauses other than the Changes clause, and issue termination notices.
Both the contracting officer and the contractor sign bilateral modifications (supplemental agreements). Bilateral changes can add new work or revise existing terms, and they almost always have cost implications, either upward or downward.
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jamie is the vice president of marketing for a large hotel corporation. he analyzes data for his market and determines that there are multiple demographic segments with specific preferences. he decides to target only one demographic segment, the millennials, and disregards all the other segments. this is an example of:
For a large hotel chain, Jamie is the vice president of marketing for the company. After reviewing market statistics, he concludes that there are several demographic groups with distinctive tastes. He chose to focus solely on the millennial generation while neglecting all other demographics. Here is an example of:
What is market segmentation?The strategy of dividing your target market into attainable groups is known as market segmentation. Market segmentation separates a market into subsets based on demographics, requirements, goals, similar interests, and other psychographic or behavioral aspects in order to better understand the target audience.
By studying your market segments, you may apply this targeting to your efforts in sales, marketing, and product development. Market segmentation can drive your product development cycles by influencing how you create product offers for different segments, such as men versus women or high income versus low income.
demographic segmentation:
Demographic segmentation is one of the simple, regularly used methods for market segmentation. It comprises breaking down the market into different segments based on the target market's age, income, gender, race, and occupation. According to this method of market segmentation, people with similar demographics will have similar needs.
A new video game console's market segmentation strategy may reveal that its customers are primarily young men with disposable cash.
Examples of market segmentation
Consumers' daily use of products, marketing, and advertising are all examples of market segmentation. The capacity of automakers to precisely pinpoint market niches and create goods and marketing plans that appeal to those segments is essential to their success.
Cereal firms aggressively promote to three or four market segments at once in an effort to foster brand loyalty among younger consumers. They advocate for traditional brands that target older consumers and healthy brands for consumers who care about their health.
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what's the name of the clause included in a finance instrument that requires the lender to release a portion of the property from the lien when a part of the debt has been paid?
The partial release is the name for the clause included in a financial instrument that requires the lender to release a portion of the property from the lien when a part of the debt has been paid.
A partial release is a clause in a mortgage that permits the release of certain collateral from a mortgage upon the repayment of a specific portion of the debt. Lenders demand payment documentation, a survey map, an appraisal, and a letter explaining the circumstances of the partial release. A clause is known as the "Partial Release Clause" allows the mortgagee to agree to release some parcels from the blanket mortgage's lien in exchange for the mortgagor paying a specific amount of money.
Loans for the building of tract developments typically contain it. If a borrower wants to sell a property that is subject to a blanket mortgage (a mortgage covering numerous properties), the lender must provide a partial release on the property.
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In this week’s episode of saving sara, you saw that getting a job promotion doesn’t necessarily create a leader. Both a management approach and a leadership approach were taken by sara to handle a situation. Watch both examples and describe the differences between management and leadership. Then, focus on one leadership trait that sara exhibited. What advice would you give sara to improve on that specific trait?.
Leadership and management square measure 2 necessary parts that a brand new charge nurse should distinguish between to become an honest leader.
Leadership is the capability of motivating coworkers to own a sure-fire outcome in work, whereas management is that the method of organizing and coordinating coworkers (ATI, 2019). One look at the eventualities, a lot of effective approaches on my behalf was leadership because it shows a lot of respect and dignity towards coworkers.
This was seen in the situation wherever the charge nurse had oral communication with the team, deciding the steps to deliver the goods and an honest score. It was apparent that each party was content with the results of the oral communication.
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apple computer, inc., is a multinational corporation that creates consumer electronics, personal computers, computer software, and commercial servers. apple's core product lines are the iphone smart phone, ipad tablet computer, ipod portable media players, and macintosh computer line. apples success is largely attributed to .
Apple's marketing strategy has remained consistent, keeping the language and visuals simple. The majority of the marketing does not include items like feature lists, prices, or pricy special effects.
A worldwide company called Apple Computer, Inc. distributes digital media content as well as produces consumer products, personal computers, servers, and computer software. On April 1, 1976, Steve Jobs, Steve Wozniak, and Ronald Wayne founded Apple Computer Co. Apple Computer, which produced the Apple II, Macintosh, and Power Mac brands of personal computers for more than three decades, struggled with sluggish sales and a small market share in the 1990s. Apple became a market leader in consumer electronics and media sales with the launch of the popular iPod music player in 2001 and the iTunes Music Store in 2003. By market capitalization as of June 30, 2015, Apple was the biggest publicly traded company in the entire globe.
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peking palace company reported the following: standard quantity per unit 3 lbs. standard price per pound $2.75 actual pounds used 15,000 lbs. actual price per pound $2.90 number of units produced 5,070 what is the direct materials quantity variance? a.$609.00 unfavorable b.$577.50 unfavorable c.$(577.50) favorable d.$(609.00) favorable
Option c. $577.50 favourable is the correct answer. The direct material quantity variance is $577.50 favourable
Standard quantity per unit 3 lbs
Standard price per pound = $2.75
Actual pounds used = 15,000 lbs
Actual price per pound = $2.90
Number of units produced = 5,070
Now,
The direct materials quantity variance is given as;
= | ( Actual quantity - Standard quantity ) | × Standard price
= ( 15,000 lbs - {Standard quantity per unit × units produced}) × $2.75
= ( 15,000 lbs - { 3 × 5,070}) × $2.75
= | ( 15,000 lbs - 15,210 ) | × $2.75
= $577.5
Since,
The standard quantity is higher than the actual quantity
thus,
$577.5 favourable
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the belief behind employee ownership is the idea that it will: group of answer choices act as a nurturing tool for knowledge workers force employees to determine which motivating factors are most important remove resistance to change promote education and training cause employees to act more like partners than clock watchers
The belief behind employee ownership is the idea that it will cause employees to act more like partners than clock watchers. Hence. the correct choice of answer for this question is option (e).
Give a brief account on employee ownership.Employee ownership refers to any situation in which employees of a firm have the right to receive the value of their company's shares in the form of shares or other property. The idea of employee ownership is broad and can be expressed in a variety of ways, from straightforward grant of shares to highly sophisticated programs.
The employee stock ownership plan (ESOP), a highly tax-advantaged arrangement in which employees own shares through a trust maintained by the company, is the most popular type of employee ownership in the U.S. Stock options, stock grants, synthetic equity (which gives the right to the value of shares but not the actual shares), worker cooperatives, and employee ownership trusts are further types of employee ownership.
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which statement about the official nhc track and intensity forecasts is correct? a. errors in forecasting track and intensity are generally greater for forecast times farther in the future b. errors in forecasting hurricane intensity have improved faster than errors in forecasting tracks c. the track errors for the 24 hour forecast are about the same as the errors for the 120 hr forecast d. the intensity errors for the 24 hour forecast are about the same as the errors for the 120 hr forecast
The accurate statement is that predicted times further in the future tend to have bigger forecast track and intensity mistakes.
What is intensity and example?She felt uneasy as a result of his intense gaze into her eyes. This was too intense for a first date. The degree, quantity, or magnitude of something is its intensity. Examples include flame, emotions, weather, work, and passion. The word "intensity" is occasionally linked to fervor, fire, and violence.
What is intensity of an object?By multiplying the energy density at a given location in space by the speed of the energy as it moves, one can calculate intensity. The units of power are split by the resulting vector's size (i.e., surface power density).
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Why is it critical that a market basket accurately represents average consumer purchases?
The reason it is critical for a market basket to accurately represent the correct customer purchases on average is so that inflation can accurately be calculated.
How is inflation calculated?Inflation refers to the general rise in prices in an economy. This therefore measures the fall in the value of currency and is important when making economic decisions by the government.
As a result, the inflation rate needs to be as accurate as possible. Inflation is calculated by checking the change in price in a market basket of goods purchased by consumers. As a result, it needs to be as accurate as possible to correctly capture the inflation.
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you purchase a treasury-bond futures contract with an initial margin requirement of 15% and a futures price of $115,250. the contract is traded on a $100,000 underlying par value bond. if the futures price falls to $108,200, what will be the percentage loss on your position? (input the value as positive value. do not round intermediate calculations. round your answer to 2 decimal places.)
The amount of loss on any commodity expressed as a percentage is referred to as the loss percentage. Additionally known as percentage loss.
What is percentage loss?When a loss is expressed or calculated as a percentage, it is referred to as an OSS percentage. The loss percentage formula is the ratio of the loss incurred to the cost price multiplied by 100 because the percentage loss is the percent of loss in terms of the actual cost price.Calculation of your position's percentage loss
Given that,
Initial margin requirement = 15%
Futures price = $115,250
Underlying par value bond = $100,000
If the futures price falls to $108,200
Margin = Initial margin requirement × Futures price
= 0.15 × 115,250 = 17,287.5 = 17288
Loss = Futures price - Decreased future prices
= $115,250 - $108,200
=$7050.
Total percentage of loss = (Loss ÷ Margin) × 100
= ($7050÷ $17288) × 100
= 40.7797.
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2. (1pt) what is the value of an infinite series of $50 semiannual payments growing at a rate of 4% every six months and with a discount rate of 10% apr compounded semiannually? how would your answer change if the growth rate was 5% every six months?
It usually multiplies by 100 to show the difference in GDP between one period and the next. This difference is expressed as a percentage of GDP from the previous period.
The value of the infinite series of payments is calculated as follows: Value = PMT/(r - g) Value = 50/(0.10 - 0.05) Value = 50/0.05 Value = $1,000 The value of the infinite series of payments with a growth rate of 5% Growth rate every six months, g = 5% = 0.05 APR = 20% compounded semiannually s = Number of semi-annual periods per year = 2
How is the perpetuity growth rate calculated?g is the increase in cash flows over time. The terminal value in year n (for instance, year 5) is the product of the growth rate and the free cash flow from year 5 multiplied by 1 divided by the WACC (w) – growth rate (g).
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in the past, an example of real estate market success in the midst of wide-spread real estate market failure was:
Apartments during the Great Recession served as an example of the real estate market thriving amid widespread failure in the past.
A recession is a sizable, pervasive, and protracted decline in economic Recession activity. According to a common rule of thumb, a recession is defined as two consecutive quarters of declining gross domestic product (GDP). Declines in economic output, consumer demand, and employment are typical effects of recessions.
A recession is defined by economists at the National Bureau of Recession Economic Research (NBER) as an economic contraction that market begins at the height of the expansion that came before it and ends at the lowest point of the subsequent downturn.
The NBER uses a variety of indicators to determine the beginning and market end of a U.S. recession, including nonfarm payrolls, industrial production, and retail sales.
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a retailer has annual sales of $475,000 and an average finished-goods inventory of $18,000. if the retailer sells each unit for an average of $27 and purchases the units for $12, what is its annual inventory turnover?
11.72 will be Its annual inventory turnover.
Inventory Turnover Ratio = (Cost of goods sold)/(Average Inventory)
Following values are given in the question,
Average finished-goods inventory = $18,000
Annual Sales = $475,000
Selling Price per unit = $27
Purchase price of goods per unit = $12
Number of goods sold = Annual Sales/ Selling Price per unit
Number of goods sold = 475000/27
Number of goods sold = 17592 unit
Cost of goods sold = Number of Goods sold*Purchase price of goods per unit
Cost of goods sold = 17592*12
Cost of goods sold = $211,104
Inventory Turnover ratio = (Cost of goods sold)/(Average Inventory)
Inventory Turnover ratio = 211104/18000
Inventory Turnover ratio = 11.72
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which of the following about inflation is true? group of answer choices high rates of inflation are usually associated with wide year-to-year changes in inflation. high rates of inflation are usually associated only with very large countries such as the united states. high rates of inflation are usually associated only with smaller countries such as costa rica. high rates of inflation will generally improve the economic efficiency of an economy.
The statement that is true and reflects true facts about inflation is that high rates of inflation are usually associated with wide year-to-year changes in inflation.
In simple terms, downward pressure on the inflation rate is directly proportional to the growth in the rate of economic means more goods can be bought with the money. High and volatile inflation rates would create uncertainties about the formation of economic agents' future spending and income decisions. Inflation also causes companies to go into loss and thus unemployment increases during this time and thus economic growth spirals downwards.
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in a contractual vertical marketing system, the channel captain often has influence over other channel members due to multiple choice longevity in the industry. social interactions with the community at large. economic power. geographic proximity to the manufacturing plant. a legitimate right to direct them.
In a contractual vertical marketing system, the channel captain often has influence over other channel members due to a legitimate right to direct them.
What is contractual vertical marketing system?A type of vertical marketing system in which unaffiliated businesses at various levels of distribution are linked by contract in order to create economies of scale and increase the impact of sales.Working with a franchise is an instance of a contractual vertical marketing structure. A license must be bought in order to open a franchise location. However, the owner is required to adhere to all the requirements, norms, and procedures of a franchiser.Corporate, contractual, and administrative are the three types of vertical marketing systems.A retailer cooperative, in which a number of merchants purchase from a wholesaler they both own, is one sort of contractual VMS. Franchise organizations, in which a manufacturer grants a distributor a license to distribute its goods, are another sort of contractual VMS.To learn more about contractual vertical marketing system refer to:
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suppose a rallying stock market causes aggregate expenditures by consumers to increase by $200. if the mps is 0.2, what is the change in real gdp associated with this positive shock to the economy?
The current market value of all the finished goods and services in the economy is known as aggregate expenditure.
How do you calculate aggregate expenditure?The formula for total spending is AE = C + I + G + NX. The equation is written as follows: Total expenditure = sum of household consumption (C), investments (I), government spending (G), and net exports (NE).Consumption (C): The total annual household consumption.Investment (I): Capital expenditures that are budgeted.Federal, state, and municipal government spending is indicated by the letter "G," or "government expenditure." Infrastructure or transfers are examples of government spending that raise the total amount spent by the economy.Net exports (NX) are the sum of all exports minus all imports.Given:
The initial change in total spending was $200; the MPS was 0.20. Find the multiplier for expenses. Multiplier for expenses =1/MPS=1/(0.2)=5. Initial change in aggregate expenditures x expenditure multiplier ($200 x 5) equals $1000 in terms of the overall impact on real GDP.To Learn more About aggregate expenditure refer to :
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