Erin has written a business plan that she will be sharing with other members of fbla across the country. she wants to make sure that she is listed as the author in the document. She should use Document Properties
How can I enlarge a single cell in a Word table independently of the other cells?
Click a cell in the desired column to resize it, then alter the width to a certain value. Click in the Table Column Width box under the Cell Size group on the Layout tab, then enter the desired values. Click on your table to automatically make the columns fit the contents.
Which of the subsequent methods is used to transfer data from one page to another?
The selected data is preserved in temporary storage in both circumstances; the copy command makes a duplicate of the selected data while the cut command removes it from its original spot (the clipboard). Anywhere a paste command is used, the copied material is added afterwards.
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what is the adjusted balance per bank? (2 points) what must be the unadjusted balance per books? (2 points) identify any fraud or possible fraud at wildflower industries?
All unpaid checks are subtracted, pending deposits are added, adjustments are subtracted, and the sum entered in the Statement Ending Balance field in Reconcile Bank is added to arrive at the adjusted bank balance.
The amount of the adjusted bank balance is determined by removing all outstanding checks, adding all pending deposits, subtracting all adjustments, and adding the amount entered in the Statement Ending Balance field in Reconcile Bank. find any fraud at wildflower industries, either actual or potential. When the cash balances on the ledger account and bank statement do not agree, the unadjusted cash balance is found. The accountant confirms the transactions that are either missing from the ledger or the bank statement in order to reconcile the balances.
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sole sourcing is a process for developing relationships with many suppliers for long contract terms. true or false
As strategic partnerships, sole sourcing agreements are increasingly turning suppliers into de facto subsidiaries of their largest clients.
Overview of Sourcing
Sourcing, as it relates to procurement, is the process of locating, evaluating, and collaborating with suppliers to find cost savings and the best value for goods and services at a price point and under circumstances that leave the necessary margin to have a positive effect on the bottom line of the company. The sourcing process is carried out using a tendering process and applied at tactical and strategic levels in order to gain a competitive advantage. The objective is to find the best suppliers at the most competitive prices in order to create unique value.
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explain how the tests of controls and substantive tests of transactions affect the tests of details of balances.
Both substantive audit testing and compliance audit testing are included in an audit that is carried out in accordance with generally accepted auditing standards (GAAS). Compliance audit testing entails evaluating the efficiency of internal controls in operation within the audit client.
In the working papers of an audit that is carried out in accordance with generally accepted auditing standards, it is essential for the auditor to comprehend and record the nature, duration, and extent of substantive audit testings.
The purpose of substantive tests of transactions is to substantively verify the transactions' dollar amounts.Audit tests that substantiate an account's ending balance are known as substantive tests of balances.
What are real checks and balances?
The phase of an audit known as substantive testing involves the auditor collecting samples to identify any material errors in the client's accounting records or other information.The decision that a company's financial records are complete, relevant, and accurate must be supported by this evidence.
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Which project variable is defined as the degree to which the project meets the needs of its users?.
The degree to which the project satisfies its users' needs is considered the project's quality.
What is project variable?A person, place, thing, or phenomenon that you are attempting to quantify in any way is simply referred to as a variable in research. Looking at what the words themselves tell about the variable you're using is the easiest way to differentiate here between dependent and independent variable. Project variables serve as placeholders, with values selected when a particular Deployment Profile is created. According to Defining Environmental Constants, project variables can be literals or environmental constants.
How do you identify variables in a project topic?The hypothesis or research question contains variables. You can see how variables function in a research study in a hypothesis. Look for elements in your research question or hypothesis that affect, manipulate, or cause a response to be able to identify independent research variables.
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the risk-free rate is 2.7 percent and the market expected return is 12.4 percent. what is the expected return of a stock that has a beta of .91?
The expected return of a stock that has a beta of .91 is 13.98%
What is expected return and risk?Risk is the risk that the real return will be different from the expected return, i.e., the real return could be 30% or 10% instead of the projected return of 20%. Investors want a return known as the risk-free return as payment for their risk-free investment. It is impossible to guarantee expected returns.
Given:
risk free rate = 2.7%
beta= 0.91
market risk premium/return on market = 12.4 %
Hence, the formula for expected return is:
ER = RFR + (B × EMR)
where;
ER = expected return
RFR = risk free rate
B = beta
EMR = expected market return
ER = (2.7) + (0.91 × 12.4)
ER = 2.7 + 11.28
ER = 17.78
The expected return = 13.98 percent
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some students want to order shirts with their school logo. one company charges $9.65 per shirt plus a set up fee of $43. another company charges $8.40 per shirt plus a set up fee of $58. what is the number of shirts ordered and the amount when the two companies charge the same thing?
Answer:
Explanation:
That is the answer
you're the marketing manager for an online sporting goods store and have been tasked to optimize the company's display campaigns before increasing their budgets. what should you do to achieve this goal?
Display campaigns enable you to reach a relevant audience with visually compelling advertising as they browse millions of websites, apps, and -owned properties (such as ) to achieve your marketing objectives. One of the campaign types you have access to in Ads is a display campaign.
What is marketing?Marketing is the process of investigating, developing, and providing value in terms of products and services to fulfill the needs of a target market. Potentially includes the selection of a target audience; the selection of certain traits or themes to emphasize in advertising;
Marketing is the activity of investigating, generating, and supplying value in the form of goods and services to fulfill the demands of a target market, potentially including the identification of a target audience; the selection of specific traits or themes to stress in advertising.
Display advertising promotes goods and services by using text, images, or videos on websites owned by other people. Display advertising comes in a variety of forms. Display advertising includes, for example, banner adverts. Leaderboard advertisements on desktop and mobile devices are also.
Therefore, achieve your marketing objectives. One of the campaign
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Sea Rovers, Inc. contracted to sell 1,000 pounds of shrimp to the Seafood Shack withdelivery on June 1. On May 1 Sea Rovers advised the Seafood Shack that it would not be able todeliver the shrimp. The Seafood Shack _____.
can sue Sea Rovers immediately for breach of contract
must wait until June 1 to see if Sea Rovers will perform before suing for breach of contract
cannot sue Sea Rovers because Sea Rovers gave adequate notice
must wait until actual damages are determined before it can sue
The Seafood Shack can sue Sea Rovers immediately for breach of contract.
A breach of contract happens when one party in an official understanding neglects to convey as per the provisions of the understanding.
A breach of contract can occur in both a composed contract and an oral contract.
The gatherings engaged with a breach of contract might determine the issue among themselves or in an official courtroom.
There are various kinds of contract breaches, including a minor or material breach and a genuine or expectant breach.
A breach of contract isn't viewed as a wrongdoing or even misdeed and seldom brings about extra monetary compensation.
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since the welfare analysis says that either producer or consumer is harmed by opening free trade, the principles of comparative advantage and specialization no longer apply.
a country's capacity to generate a certain good or service at a lower opportunity cost. When choosing between several production possibilities, the theory of comparative advantage introduces opportunity cost as a consideration to take into account.
Comparative advantage theory is the capacity of an economy to produce a particular good or service at a lower opportunity cost than its trading counterparts. When choosing between several production possibilities, the theory of comparative advantage introduces opportunity cost as a consideration to take into account. Geographic and human specialisation will benefit each trade nation. Each nation should produce goods with a domestic opportunity cost that is lower than those of other nations.
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capacity strategies are implemented based on management's objectives and corporate policies. which pure strategy is used that retains the work force at a stable level?
Aggregate planning strategy is used that retains the work force at a stable level.
Any sort of business, whether it operates in the industrial or service industries, must establish a broad aggregate strategy for a specified time period that outlines how goals are attained.
The success of the plan's objectives and the utilization of alternatives or options are determined.
Simply put, aggregate planning is thought of as a technique to balance capacity and demand by reducing expenses.
When planning is referred to as "aggregate," it means that all of the resources are taken into account together. An illustration of this would be a product family or line.
In other terms, aggregate planning referred to a method for generating a production schedule for a certain time frame. Once every condition deemed essential for a flawless production has been listed, it can start.
Aggregate planning is a planning technique used in the production process to identify the resource capacity needed to meet the anticipated demand.
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lesley buys 6 cappuccinos per week when her income is $900 per week and buys 8 cappuccinos per week when her income is $1100 per week. for lesley, cappuccinos are a(n) good.
lesley buys 6 cappuccinos per week when her income is $900 per week and buys 8 cappuccinos per week when her income is $1100 per week. for Lesley, cappuccinos are quantity-supplied goods.
A cappuccino is a coffee-based coffee drink that originated in Austria and changed into later popularized in Italy and is prepared with steamed milk foam (microfoam). versions of the drink involve using cream as opposed to milk, the use of non-dairy milk substitutes, and flavoring with cinnamon or chocolate powder. it's miles normally smaller in extent than a caffè latte, with a thicker layer of microfoam.
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the stockholders' equity section on the december 31 balance sheet of chemfast corporation reported the following amounts: contributed capital preferred stock (par $20; authorized 10,000 shares, ? issued, of which 1,000 shares are held as treasury stock) $ 112,000 additional paid-in capital, preferred 16,520 common stock (no-par; authorized 20,000 shares, issued and outstanding 6,400 shares) 665,600 retained earnings 34,000 treasury stock, 1,000 preferred shares at cost (9,700) assume that no shares of treasury stock have been sold in the past.
1)The number of shares of preferred stock issued
$102,000/ $20 = 5100 shares
2. The number of shares of preferred stock outstanding
No. of issued shares - No. in treasury stock = 5100 - 1000 = 4100 shares
3. The average issue price of the preferred stock
($102,000 + $13,770)/5100 = $22.70 per share
4. The average issue price of the common stock
$584,100/5900 = $99 per share
5. The treasury stock transaction decreased stockholders' equity by
$9450
6. The treasury stock cost
$9450/1000 = $9.45 per share
7. Total stockholders' equity
= preferred stock + Additional Paid-in Capital, preferred + common stock + retained earnings - Treasury Stock
= 102000+13770+584100+29000-9450
=719,420
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question 3 as a project manager, you believe limited access to the necessary people and equipment could cause the project to go past deadline. which organizational topic could you discuss with your key stakeholder to get the project back on track?
Option d.resource availablity. could be discussed with key stakeholder to get the project back on track.
The required details about stakeholder is mentioned in below paragraph.
Stakeholders may be inner or outside to an organization. Internal stakeholders are human beings whose hobby in a corporation comes thru an instantaneous relationship, which includes employment, ownership, or investment.
External stakeholders are individuals who do now no longer without delay paintings with a corporation however are affected one way or the other via way of means of the moves and results of the business. Suppliers, creditors, and public agencies are all taken into consideration outside stakeholders.A stakeholder is a celebration that has an hobby in a corporation and may both have an effect on or be suffering from the business. The number one stakeholders in a regular company are its investors, employees, customers, and suppliers.
(COMPLETE QUESTION)
As a project manager, you believe limited access to the necessary people and equipment could cause the project to go past deadline. which organizational topic could you discuss with your key stakeholder to get the project back on track?
a.stakeholder availablity
b.meeting availablity
c.report availablity
d.resource availablity.
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the law of diminishing marginal returns states that, once production goes to a sufficiently large quantity, variable input(s) will exhibit diminishing marginal productivity. this phenomenon is the cause of marginal product and marginal cost.
The law of diminishing marginal returns states that when an advantage is gained in a factor of production, the marginal productivity will typically diminish as production increases. This means that the cost advantage usually diminishes for each additional unit of output produced.
Diminishing marginal productivity is often recognized in its most straightforward form when a single input variable exhibits a drop in input cost. For instance, a reduction in labor expenses throughout the car-manufacturing process would result in slight increases in profitability per vehicle. However, the law of declining marginal productivity states that managers will see a diminishing increase in productivity for every unit of output. This typically results in declining profitability per automobile.
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3. what is the usual criterion that governs selection of the successful bidder in a public works contract?
A works contract is basically a settlement of provider which may additionally involve supply of goods inside the execution of the contract. It is essentially a composite deliver of each offerings and items, with the carrier detail being dominant within the contract among events
Headnotes through the Editorial workplace. 1. a piece order contract is a settlement among events, whereby, in trade for a rate, one among them agrees to independently create and supply an intellectual or creative work, according with the plan and commands of the alternative.
The motive of a work order is to provoke a challenge, make clear what's to be done, specify of entirety dates, and give special commands as wished. CMMS paintings order management software program also allows groups manipulate and preserve records on belongings as well as on sources, costs, and exertions.
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a successful business plan should be no more than: a.100 pages. b.2 pages. c.5 paragraphs. d.10 pages. e.50 pages.
A successful business plan should be no more than: 10 pages.
A business plan is a comprehensive document that outlines the goals of a company and how those goals will be attained. A business plan is a document that outlines the marketing, financial, and operational objectives of a company. Both new and established businesses use business plans.
Without a doubt, the executive summary is the most crucial section of the business plan.It must be brief, precise, and well-written. Many people who read your business plan will decide whether or not to continue reading based solely on the executive summary.
Hence, the correct answer is "D".
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pauley company needs to determine a markup for a new product. pauley expects to sell 15,000 units and wants a target profit of $38 per unit. additional information is as follows: variable costs per unit fixed costs (total) direct materials $ 16 overhead $ 50,950 direct labor 17 general and administrative 57,950 overhead 10 general and administrative 19 using the variable cost method, what markup percentage to variable cost should be used?
If pauley company needs to determine a markup for a new product. The markup percentage to variable cost should be used is: 137%
How to find the markup percentage to variable cost?Calculation for Total variable costs
Variable product cost per unit $16
Variable administrative cost per unit $17
Total variable costs =$33
Using this formula to find the markup percentage to variable cost
Markup percentage=[(Target profit + Fixed overhead costs + Fixed administrative costs) / Total variable costs
Let plug in the formula
Markup percentage=[($38× 15,000 units)+$50,950 +$57,950]/$33×15,000)
Markup percentage=($570,000+$50,950 +$57,950)/$495,000
Markup percentage=$678,900/$495,000
Markup percentage=137%
Therefore the markup percentage to variable cost that should be used will be 127%
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how does the cost of financial capital influence innovative research and development activities in a competitive market?
Because R&D initiatives are expected to yield a greater rate of return, businesses seek a huge quantity at a cheap cost.
What are the necessary finances?To calculate your financial requirement, divide your anticipated family commitment by two and the cost of attendance (COA) for even a school (EFC). Although COA varies from university to university, your EFC does not change no matter which school you attend.
Which four necessities in terms of financial are there?For the majority of Americans, job is the first step toward financial stability. People need revenue to meet expenditures and for budgetary considerations. They also must invest for the future, save cash for a rainy morning, borrow money to acquire assets, plus insure yourself against shocks.
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a bond with 20 years until maturity has a coupon rate of 7.4 percent and a yield to maturity of 7.5 percent. what is the price of the bond?
$847.08 is the price of the bond.
How do you calculate the price of the bond?Assume per value of bond (P) = $1,000
Annual coupon rate = 7.4%
Semi-annual coupon rate = 6%
Semi-annual coupon of bond (C)= 6% of $1,000 = $60
Number of years to maturity = 20
Number of coupon payments till maturity (n) = 20
Annual YTM = 7.5%
Semi-annual YTM (r) = 7.5%
Market Price of Bond
=C×1−(1+r)−nr+P(1+r)n
=$60×1−(1+0.075)−200.075+$1,000(1+0.075)20
=$847.08
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$847.08 is the price of the bond.
How do you calculate the price of the bond?Assume per value of bond (P) = $1,000
Annual coupon rate = 7.4%
Semi-annual coupon rate = 6%
Semi-annual coupon of bond (C)= 6% of $1,000 = $60
Number of years to maturity = 20
Number of coupon payments till maturity (n) = 20
Annual YTM = 7.5%
Semi-annual YTM (r) = 7.5%
Market Price of Bond
=C×1−(1+r)−nr+P(1+r)n
=$60×1−(1+0.075)−200.075+$1,000(1+0.075)20
=$847.08
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organizations may offer executives rewards that include high salaries, memberships in private clubs, and access to recreational facilities. some ceos earn millions more per year than other employees at the same company. which statement best explains why executive compensation is so different than that of other employees?
The executives compensation is so different than that of other employees because executives are ultimately responsible for the organization's success and therefore should be entitled to rewards.
Executives should be rewarded since they are ultimately accountable for the performance of the company. The purpose of executive compensation above and above basic pay is to incentivize executives to achieve specified organizational performance goals, such as predetermined profit levels, and to reward them for achieving these goals.
Make sure you also take into account aspects relevant to your firms, such as your industry, organization size and kind, income, and structure. Executive remuneration should often only be given to the highest-paid staff due to the complexity, risk, and tax and regulatory limits.
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You have been assigned to implement a three-month hedge for a stock mutual fund portfolio that primarily invests in medium-sized companies. The mutual fund has a beta of 1.16 measured relative to the S&P Midcap 400, and the net asset value of the fund is $156 million. a. Should you be long or short in the Midcap 400 futures contracts? Short Long b. Assuming the Midcap 400 Index is at 634 and its futures contract size is 500 times the index, determine the appropriate number of contracts to use in designing your cross-hedge strategy. (Do not round intermediate calculations. Round your answer to the nearest whole number.) Contracts
According to the assignment you have been given, there are 3.659306 contracts that need to be purchased.
What exactly are mutual funds?A mutual fund is a group of investments that is expertly supervised by a money manager. a trust that, after receiving funds from an amount of participants who share similar investing objectives, invests them in stocks, bonds, marketable securities, and/or other commodities.
Is investing in mutual funds a wise idea?Anyone wishing to diversify their portfolios may find mutual funds to be a beneficial investment. Find out if investing in mutual funds is the correct choice for you. Mutual funds provide convenience and diversification at a cheap cost, but whether you should participate in such depend on your particular circumstances.
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if a firm's marginal tax rate is increased, this would, other things held constant, lower the cost of debt used to calculate its wacc.
If a firm's marginal tax rate is increased, this would, other things held constant, lower the cost of debt used to calculate its wacc. The before-tax fee of debt, that is lower than the after-tax cost, is used because the factor cost of debt for functions of growing the firm's WACC.
Taxes are mandatory contributions levied on individuals or agencies via a government entity—whether local, local, or country wide. Tax sales finance government activities, which include public works and services together with roads and schools, or programs along with Social safety and Medicare.
Without taxes, authorities' contributions to the health region might be not possible. Taxes visit funding fitness offerings which include social healthcare, clinical research, social safety, and so forth.
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diminishing marginal benefit: is not important in determining a consumer's purchase decision. is when buying an additional item yields a smaller marginal benefit than the previous item. is when buying an additional item yields a larger marginal benefit than the previous item. is when consumers do not follow the rational rule.
Diminishing marginal benefit means when one good is consumed continuously then marginal benefit derived from each successive unit keeps on decreasing. It means marginal benefit derived is less than the previous item.
The "law of Diminishing Marginal " states that for any good or carrier, the marginal utility of that good or service decreases as the quantity of the coolest will increase, ceteris paribus. In different words, total utility will increase more and more slowly as the amount consumed will increase.
Diminishing marginal software refers back to the phenomenon that every extra unit of benefit leads to an ever-smaller increase in subjective value. as an example, three bites of candy are better than bites, however the 20th chew does no longer add plenty to the revel in past the nineteenth (and will even make it worse).
The law of diminishing marginal application says that the marginal software from each additional unit declines as intake will increase.
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joe foxhunter makes unique silver jewelry. loyal customers drive from miles around to buy the jewelry, which is sold only in his workshop. this jewelry is a specialty product.
Unique silver jewelry is created by Joe Foxhunter. Loyal clients travel great distances to purchase the jewelry from his studio, which is the only place it is offered. This jewelry is a unique item. This statement is true
A sizable segment of consumers is willing to make additional purchase efforts for specialty items because they have especially distinctive features and brand identifications. Examples include certain brands of upscale goods, high-end automobiles, gear for professional photographers, and designer apparel. A specialty product is a particular consumer commodity that is sold to customers in a small number of retail establishments and has a finite supply. These things are often high-end and cost more than other typical items that customers purchase more regularly.
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The market mechanism might leave some people with too little income and others with too much. The government uses taxes and transfers to redistribute income more fairly.
Program Recipient Group Number of Recipients Value of Transfers
Social Security Retired and disabled workers 67 millions $1,002 billion
Medicare Individuals over age 65 59 millions $ 620 billion
Medicaid Medically needy individuals 75 millions $ 400 billion
Unemployment Compensation Unemployed workers 6 millions $ 30 billion
Calculate the average benefit a recipient of Medicaid receives. Instructions: Round your response to the nearest dollar. $ 1500
Taxes and transfers are used by the government to more equitably share revenue. A Medicaid participant typically receives $1500 in benefits.
What distinguishes Medicare and Medicaid?Medicare is a health insurance program for seniors, disabled individuals under 65, and dialysis patients. Medicaid is a program that provides financial aid for low-income patients' medical costs.
Who covers Medicaid costs?The federal government and the states share funding for the Medicaid program. The amount that the federal government reimburses states for program costs is known as the Federal Medical Assistance Percentage, or FMAP (FMAP).
Who profits from Medicaid the most?Spending on Medicaid is mostly targeted at the elderly and those with disabilities. Despite accounting for over two-thirds of Medicaid spending, seniors and individuals with disabilities make up one in four beneficiaries, which reflects the high per-enrollee expenses for both acute and long-term care.
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Why do banks and companies want to know if you have opened up any new credit accounts recently.
Information about your bank account will not be included in your credit report and will not have any impact on your credit score. On the other hand, lenders make an assessment of your capacity for more debt based on information about your assets, bank account, and savings.
When opening a new account, what do banks check for?Before allowing you to open an account, banks and credit unions want to know about your financial background. Your banking history is examined to achieve this. Similar to a credit check, this report shows the consumer's financial activities, but for bank accounts rather than credit cards.
Bank transactions and account balances are not included in the information provided to the national credit reporting bureaus, therefore they have no impact on your credit reports. On the other hand, unpaid bank fines or fees will appear on your credit reports and may result in a decline in your credit score.
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your supervisor, ashby, wants you to make an appointment for her to meet with a friend of yours, kevin. she wants to make a sales pitch to your friend, but you and your friend have an agreement not to mix business with your friendship. ashby won’t take no for an answer. she’s threatened to withhold your promotion if you don’t make the appointment. which political behavior is ashby using?
Coercion is used by Ashby as she threatened to withhold your promotion if you don’t make the appointment.
What is Coercion?
The Indian Contract Act's Section 15 defines coercion as "committing or threatening to commit any act prohibited by the Indian Penal Code, or unlawfully detaining, or threatening to detain, any property, to the prejudice of any person whatsoever, with the intention of causing any person to enter into an agreement."
For instance, if B refuses to sell his house to A for 5 lakh rupees, A may threaten to harm him. Here, even if B sells the house to A, the agreement won't be enforceable because B's cooperation was coerced. Now, coercion has the result of rendering the contract void.
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assume a product costs $5. the variable cost per unit is currently $4, and the fixed cost is $25,000. if the company can alter its production method such that the variable costs fall to $3.50 and the fixed costs rise to $30,000, what will happen to the breakeven point?
the fixed costs increase to $30,000 while the variable costs decrease to $3.50. Breakeven threshold will be reached soon.
What instances of variable costs are there?The amount of product generated determines the fluctuation in variable costs. Raw materials, labor, and commissions are examples of variable expenses. Regardless of the level of production, fixed expenses stay constant. Lease and rental repayments, insurance, and accrued interest are examples of fixed costs.
the cost of wages variable?Regardless of whether production rises or falls, fixed costs stay the same. Paying employees their regular hourly wages is a fixed expense. Any additional time spent by them at work is a variable expense.
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if you were an employer, what evidence would you use to determine an applicant’s general suitability for a professional position?
Academic excellence Early recognition of one's professional field Engagement in college or university life Volunteer work Attending graduate school.
What benefits does competing bring to physical activity?
Rivalries bring about more prominent activity force than practices or preparing (3, 29), and consequently a cutthroat viewpoint added to practice can both reenact game play and increment practice exertion.
What advantages would cross-training and dual credentials bring?
Double accreditation and broadly educating give better open positions.Broadly educating gives experts apparatuses to all the more likely serve their clients without alluding to another trained professional.
Why should I participate in professional development?
Professional development comes into play because continuing education and training are necessary for career success.Professional development, also known as continuing education and professional learning, aims to teach workers the skills they need to succeed in their chosen field.
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if consumers are willing to pay a slightly higher price for this firm's product at any given quantity, so that there is a small upward shift in demand part 4 a. the profit maximizing price will not change. b. the profit maximizing output level will not change. c. neither the profit maximizing price nor output will change. d. both the profit maximizing price and output will change.
if customers are willing to pay a little bit more for this company's product at any given quantity, there will be a minor increase in demand. if customers are willing to pay a little bit more for this company's product at any given quantity, there will be a minor increase in demand.
What is demand?Demand is just a consumer's desire to buy products and services immediately and to pay the price associated with them. Demand can be defined as the number of things that consumers are prepared and willing to purchase at various prices within a specific time frame.
The law of demand asserts that all other things being equal (centers Paribus), the relationship between the price and quantity demanded of any good or service is inverse.
The first slice of pizza that a customer purchases, when they are hungry, will be the most useful or beneficial. The utility decreases and the consumer is more satisfied with each subsequent slice.
Therefore, Thus option (A) is correct.
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