Answer:
Cultural congruence
Explanation:
Cultural congruence refers to the process that leads towards an efficient interaction between the producers and the consumers. This process is modeled upon the phenomena of evolving and growing cultural significance. The amalgamation and interaction between the provider and the consumers lead to the quality of the service provided.
The given excerpt brings towards the use of the strategy of cultural congruence. The company Morrison Foods took the step of introducing Turkey products to American consumers. Improving the quality of the product and the mode of communication and care may help the company establish a good relation and customers in America.
For a depository institution, reserves are: liabilities it owes to customers. assets on the balance sheet. borrowings from the central bank. checkable deposits. loans to individuals and businesses
Answer:
assets on the balance sheet.
Explanation:
Reserves are percentages of deposits that are required for depository institutions to keep to meet unforeseen contingency. they are usually kept in bank vaults
they are assets and they cannot be lent out
About half of logisticians work in what industries or fields?
O A. Manufacturing and government
O B. Education
C. Science and industry
O D. Retail and wholesale
Answer:
A. Manufacturing and government
Explanation:
The logistician's reviews the activities that are related to purchasing, inventory, transportation, warehousing of materials, etc
According to the given situation as it is mentioned that half of the logisticians work in manufacturing and government fields as it captures most of the market or we can say most of the states, country
Therefore the correct option is A.
Answer:a
Explanation:
A house is being appraised using the sales comparison approach. The house has three bedrooms, two bathrooms, and a patio. The appraiser selects a comparable house that has three bedrooms, 3 bathrooms, and no patio. The comparable house just sold for $200,000. A bath is valued at $7,000, and a patio at $2,000. Assuming all else is equal, what is the adjusted value of the comparable
Answer:
$195,000
Explanation:
Calculation for the adjusted value of the comparable
Using this formula
Adjusted value=( Sales of comparable house-Bath value +Patio cost)
Let plug in the formula
Adjusted value=$200,000-$7,000+$2,000
Adjusted value =$195,000
Therefore the adjusted value of the comparable assuming all else is equal would be $195,000
Drs. James and Janet Baker saw that many people experienced difficulty and frustration when typing, some because of physical disabilities. So they invented a voice recognition software to allow users to talk to the computer. Their ideas have become Dragon Naturally Speaking, a popular talk-to-type software application. Which of these statements describes their startup?
A) Borrow heavility from existing products or services.
B) Combine two businesses to create a market opening.
C) Begin with a problem in mind or a pain you can relieve.
D) Recognize a hot trend and ride the wave.
Which situation best illustrates the concept of scarcity?
a class designing and selling calendars
a cook learning to be an executive chef
a friend buying a copy of a popular DVD
a person buying a used car due to limited income
Answer:
answer is D
Explanation:
Situation best illustrates the concept of scarcity is a person buying a used car due to limited income
What is Scarcity?Scarcity can be regarded as an economic situation whereby the demand for a resource is more compare to the supply .
Therefore, scarcity is as a result of the resource, been limited.
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A women's clothing company based in Singapore had to modify its clothes before introducing them in Iran, as it needed to meet the needs of the women who are generally expected to cover themselves completely as per societal norms. To adapt its clothes to Iranian markets, the company used opaque material and provided accessories like scarves. Which requirement has dictated the product adaptation?
She Tales' product is modified in the situation indicated above involves tailoring the product to the local demands and conditions in order to enhance product sales in the local market and, consequently, increase profits associated with sales.
What is local market?Local marketing, often referred to as "neighborhood marketing" or "local store marketing," is a marketing tactic that focuses on consumers and customers within a certain distance of a physical place with messages that are specially suited to the community there.
Although there are many diverse tactics, the localization of the marketing message sets them apart. Independent and local retailers, however, employ the same strategy and techniques in their marketing campaigns.
In order to supplement mass-market advertising campaigns, local shop marketing is frequently used by specific divisions of a larger corporate organization, such as a franchise store rather than the franchisor. A wide range of marketing strategies are used by companies all over the world in local shop marketing.
Some of these include advertising in a nearby chamber of commerce, sending out direct mail, publishing local news releases, producing events, obtaining sponsorships, and investing in advertising space in print, outdoor, local television, among other things.
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An Investment Adviser Representative has started a blog on the Internet to promote her services to interested parties. The blog discloses that the IAR is associated by DEF Advisers, an RIA registered in the State where the IAR is also registered and conducts business. Which statement is TRUE about this
Answer: The move by her is wrong and goes against the ethics of the institution.
Explanation:
The move by the Investment Adviser Representative is wrong because she goes against the ethics of what the institution holds. The IAR must approve her contents and her blog before she can publicize contents on the blog or promote anything on the blog. Since she belongs and registered with the organization, the right thing would have to done or she'll be brought to book by the institution.
Large-cap funds invest in...
a. Companies with large market value.
b. In at least 200 companies.
c. Stocks only.
d. All of the above.
I WILL MARK AS BRAINLIEST WHEN I CAN.
Answer:
Large-cap funds invest in
a. Companies with large market value.
Explanation:
Let Company A be a mutual fund that invests in the securities of companies that have large market capitalization. Company A is, therefore, regarded as a large-cap fund. Company A will use the size of the market capitalization to determine the companies to invest in. For example, the market capitalization of Company B is the value of the shares of the company, which is derived as the product of the number of Company B's outstanding shares and the current market price (1,000,000 x $50, market cap = $50 million). For Company A, the decision to invest in Company B is factorized based on the size of the market value, $50 million, which must be above the average market capitalization of similar companies.
You bought one of Bergen Manufacturing Co.’s 7.8 percent coupon bonds one year ago for $1,061. These bonds make annual payments and mature twelve years from now. Suppose you decide to sell your bonds today when the required return on the bonds is 4.5 percent. If the inflation rate was 4.4 percent over the past year, what would be your total real return on the investment?
Answer:
The answer is "24.48%"
Explanation:
Given:
current Bond Value is PV(0.045,12,78,1000) = 1300.91
rate = 0.045
time = [tex]\frac{n}{12}[/tex]
coupon number = pmt = 78
price = fv=1000
Total profit = 1300.91 -1061
= 239.91.
Throughout,
The year a bondholder got we should include a coupon rate =78.
So, profit:
[tex]= 239.91 + 78 \\\\ = 317.91[/tex]
return:
[tex]=\frac{317.91}{1061}\\\\ = 29.96 %[/tex]
The actual return on investment accrued to both the formula of brandt is
[tex]=\frac{(nr-ir)}{(1+ir)}* 100 _{where}\\\\ nr = \texttt{nominal rate}\\\\ ir = \texttt{inflation rate} \\\\ nr = 29.96\% \\\\ ir = 4.4\%\\[/tex]
by replacing the formula would result in a real return rate of 24.48 %
On January 1, the Elias Corporation issued 10% bonds with a face value of $113,000. The bonds are sold for $110,740. The bonds pay interest semiannually on June 30 and December 31 and the maturity date is December 31, ten years from now. Elias records straight-line amortization of the bond discount. The bond interest expense for the year ended December 31 of the first year is.
Answer:
The bond interest expense for the year ended December 31, of the first year is $5,650
Explanation:
We will need to calculate the total annual interest expense on the bond which we are given as 10% of the face value. We will then divide the total interest on the bond by 2 because the pays semi-annual interest.
Total interest expense on the bond will therefore be ; 10% × $113,000
= $11,300
Semi-annual interest expense will now be ;
= $11,300/2
= $5,650
A production possibilities frontier can shift outward if… Group of answer choices The economy abandons inefficient production methods in favor of efficient production methods. Economy experiences economic downturn. There is a technological improvement. Resources are shifted from the production of one good to the production of the other good.
Answer:
There is a technological improvement
Explanation:
A production possibilities frontier shows the two combinations of good an economy can produce when all its resources are fully employed.
points on the production possibilities frontier show efficient production
Points inside the production possibilities frontier show inefficient production
Points outside the production possibilities frontier show unattainable production given current resources.
Technological progress leads to a outward movement of the production possibilities frontier
If Resources are shifted from the production of one good to the production of the other good, there would be a movement along the production possibilities frontier from one point to another
Steadigen Company sells two generators long dash Model A and Model Blong dashfor $ 432 per unit and $ 410 per unit, respectively. The variable cost of Model A is $ 404 per unit and of Model B is $ 304 per unit. If Steadigen Company's sales incentives reward sales of the goods with the highest contribution margin per unit, the sales force will be motivated to push sales of Model A more aggressively than Model B.What is the breakeven in units for Model A and Model B.
Answer:
False
Explanation:
Contribution margin per unit = Sales - variable cost
Contribution margin per unit (Model A) = $432 - $404
Contribution margin per unit (Model A) = $28 per unit
Contribution margin per unit (Model B) = $410 - $304
Contribution margin per unit (Model B) = $106 per unit
False, Contribution margin per unit (Model B) is higher so, motivated to push sales of Model A will be false.
Break-even in units = Fixed cost / Contribution margin per unit
Break-even in units (Model A) = Fixed cost / $28
Break-even in units (Model B) = Fixed cost / $106
Shrives Publishing recently reported $13,000 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreciation. The company had $3,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 35%. During the year, the firm had expenditures on fixed assets and net operating working capital that totaled $1,550. These expenditures were necessary for it to sustain operations and generate future sales and cash flows. What was its free cash flow?
Answer: $3762.50
Explanation:
Given the following :
Sales = $13,000
Operating Cost other than Depreciation = $5,500
Depreciation = $1250
Bond value = $3,500
Interest rate = 6.25%
Tax rate = 35%) = 0.35
Expenditure on fixed assets and net operating working capital = $1,550
What was its free cash flow?
Free cash FLOW (FCF) = EBIT(1 - tax rate) + depreciation - ( Expenditure on fixed assets and net operating working capital)
EBIT = Earning before income tax;
EBIT = SALES - Operating Cost other than DEPRECIATION - DEPRECIATION
EBIT = $13000 - $5500 - $1250 = $6250
FCF = $6250(1 - 0.35) + $1250 - $1550
FCF = $6250(0.65) + $1250 - $1550
FCF = $4062.50 + $1250 - $1550
FCF = $3762.50
Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $992,000 and sales for the year total $11,240,000. The allowance account before adjustment has a credit balance of $13,400. Bad debt expense is estimated at 1/4 of 1% of sales. The allowance account before adjustment has a credit balance of $13,400. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $42,900. The allowance account before adjustment has a debit balance of $5,300. Bad debt expense is estimated at 1/2 of 1% of sales. The allowance account before adjustment has a debit balance of $5,300. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $44,000. Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) listed above. a. $ b. $ c. $ d. $
Answer:
a) Bad debt expense is estimated at 1/4 of 1% of sales. The allowance account before adjustment has a credit balance of $13,400.
Dr Bad debt expense ($28,100 - $13,400) 14,700
Cr Allowance for doubtful accounts 14,700
b) The allowance account before adjustment has a debit balance of $5,300.
Dr Bad debt expense ($28,100 - $5,300) 22,800
Cr Allowance for doubtful accounts 22,800
c) Bad debt expense is estimated at 1/2 of 1% of sales.
Dr Bad debt expense ($56,200 - $13,400) 42,800
Cr Allowance for doubtful accounts 42,800
d) An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $44,000.
Dr Bad debt expense ($44,000 - $13,400) 30,600
Cr Allowance for doubtful accounts 30,600
Explanation:
accounts receivable $992,000
total sales for the year $11,240,000
allowance for doubtful accounts $13,400
total estimated bad debt = 0.25% x $11,240,000 = $28,100
total estimated bad debt = 0.5% x $11,240,000 = $56,200
Dogstuff adjusts salaries based on changes in its stock price, which has increased consistently at one fifth its value per year. Yearly raises are the same fraction of the current salary as the yearly fractional change in stock prices. Hector currently earns $31 comma 500 per year at Dogstuff. Find last year's salary, the salary in 2 years, and the salary 2 years ago.
Answer:
Last year: $26,250
Two years later = $45,360
Two years before = $21,875
Explanation:
Given that:
Constant fractional changes in salary = 1/5 (same as fractional changes in yearly price of stock).
Hector's current salary = $31,500
Therefore, total salary including the fractional increase with respect to the current salary will be in the form:
Current salary * (1 + 1/5)
1 + 1/5 = 6/5
Salary for previous year:
Current salary / (6/5)
If period to calculate is more than a year; then the fraction is raised to the root of the given year.
That is (6/5)^number of years
Previous year salary:
$31500 / (6/5)
= $31500 / 1.2
= $26,250
Salary 2 years from now:
$31500 * (6/5)^2
= $31500 * 1.2^2
= $31500 * 1.44
= $45,360
Two years before:
$31500 / (6/5)^2
= $31500 / 1.44
= $21,875
The purpose of stock valuation isGroup of answer choicesof limited value, since the efficient market hypothesis proves that all common stock is always fairly priced.to find common stocks whose market price equals the intrinsic value.to determine whether the common stock's value is fairly represented by its market price.to set the fair market price for a given common stock.
Rose Holcomb is the CEO of Holcomb Engineering, a small but growing firm. She believes that the talents and abilities of her company’s employees are underutilized and wants to bring someone into the organization who can help her devise more effective human resource strategies. Thus, she has decided to hire her firm’s first human resource manager. Rose’s decision:
Answer: there will be a boost in the effectiveness of the workers and effectiveness utilization of their potentials. This is vital for the growth of the company and for the company to boost its profit and also gain competitive advantage over its competitors.
Explanation:
From the question, we are informed that Rose Holcomb is the CEO of Holcomb Engineering, a small but growing firm and she believes that the talents and abilities of her company’s employees are underutilized and therefore she decided to hire her firm’s first human resource manager who can help her devise more effective human resource strategies.
The likely result of this decision by Rose is that there will be a boost in the effectiveness of the workers and effectiveness utilization of their potentials. This is vital for the growth of the company and for the company to boost its profit and also gain competitive advantage over its competitors.
Suppose that Barack and Michelle are duopolists. Barack is producing 300 units of output, and Michelle is producing 400 units of output. When Michelle produces 400 units, Barack maximizes profit by producing 300 units. When Barack produces 300 units of output, Michelle maximizes profit by producing 400 units. Barack and Michelle are
Answer:
Barack and Michelle are at a Nash equilibrium
Explanation:
They are at a Nash equilibrium i.e. they are producing at a point were they will be making a profit of irrespective of the strategy choose by the other firm in the market.
In a Nash equilibrium, every person in a group makes the best decision for herself, based on what she thinks the others will do
if there are diminishing returns to labor , then as more workers are hired the total amount produced by all of the workers will decrease .
Answer:
Diminishing returns to labor
"if there are diminishing returns to labor , then as more workers are hired the total amount produced by all of the workers will decrease."
The above statement is not correct.
The total amount produced by all of the workers will not decrease. It will increase, but the increase will not be as much as it was before the continued increase in labor because of the law of diminishing returns.
Explanation:
The law of diminishing returns to labor explains that the marginal increase in total output will not be the same as it was before the increase because one of the inputs in production, like capital is kept constant, while labor is being continuously increased. The reason for this is that the capital assets will not be enough for the increasing population of labor when the entity has reached its full capacity. Unless capital assets (capacity) is increased as labor is increased, there will reach a point when the production per labor will start to decrease instead of increasing, but the total production will continue to increase.
In Economics, the law of diminishing returns holds that if one input is held constant (capital) while other inputs ( e.g. labor) are being increased, a point is reached when the additional inputs yield smaller output or diminishing returns relative to the increasing inputs. This law is also called the principle of diminishing marginal productivity. This principle teaches managers to be aware that if they want to achieve total increases in productivity, it is not only one input that should be increased, especially after a point.
Contra entry is recorded in?
Which of the following does not appear on the asset side of a bank's balance sheet? Question 19 options: a) required reserves b) checkable deposits c) loans d) excess reserves
Answer: b) checkable deposits
Explanation:
Checkable Deposits are the deposits by customers into the bank. The bank uses these funds to make loans that it issues out to others. It is recorded as a liability on a Banks Balance sheet because it represents that the bank owes its customers.
One of the easiest methods of diversifying away firm-specific risks is to: Multiple Choice build a portfolio with 40 to 55 individual stocks. buy only stocks with a beta of 1.0. purchase stocks that plot above the security market line. purchase the shares of an index fund.
Answer:
Option D. purchase the shares of a Index fund.
Explanation:
The reason is that the index funds are itself a mutual fund investment and they follow preset rules which helps an ordinary investor to understand those rules easily. Furthermore, they are already a diversified investment, hence investing in the shares of mutual fund makes the investment risk diversified investment.
Economist Jones favors a constant-money-growth-rate rule. She says that if the annual money supply growth rate each year is equal to the average annual growth rate in Real GDP, price stability will exist over time. What would economist Smith, who favors activist monetary policy, say to economist Jones?
Answer: d. b and c
Your analysis assumes that velocity is constant, and it is not.
Your analysis assumes that you can correctly define the money supply
Explanation:
Here are the options for the question:
a. Your analysis assumes that Real GDP is constant over time, and it is not.
b. Your analysis assumes that velocity is constant, and it is not.
c. Your analysis assumes that you can correctly define the money supply.
d. b and c
e. a, b and c
According to the constant-money-growth-rate rule, the government should target money growth rate in a way that it will be equal to growth rate of the real GDP.
The likely thing that economist Smith, who favors activist monetary policy would say to economist Jones is that Jones is assuming velocity will be constant, and is also correctly defining the money supply which should not.be the case as velocity isn't always constant.
The________includes a message source that encodes an idea into a message and transmits the message through some medium. Marketing messages exploit a variety of appeals and message structures. The message is transmitted using one of several different communications media and is finally delivered to a receiver, who decodes the message and may provide feedback to the source. Anything that interferes with the communication is called noise.
Answer: Traditional communication model
Explanation:
The Traditional Communication Model was mostly a one-way street where advertisers spoke to customers and may or may not have received feedback.
It worked like this;
A advertising agency (source) made up a message ⇒ message is then transmitted through a medium such as a newspaper or television ⇒ message is then seen/ delivered to consumer (receiver).
The consumer may then choose to reply or rather provide feedback through indirect means such as buying the good or service that was advertised.
Jamal has been the sales representative for the western region for ten years, calling on the same customers repeatedly. Other companies have brought in reps from their home countries, but Jamal finds his customers prefer to deal with him. Jamal demonstrates qualities associated with
Answer: Relationship marketing
Explanation:
Relationship marketing is a form of marketing whereby emphasis is placed on the satisfaction and retention of the customers and not really on sales transactions. In relationship marketing, the main goal of the organization is having a long term engagement with th customer.
Jamal has qualities that are associated with relationship marketing which is the reason why the customers like dealing more with him as their satisfaction and long term engagement is his priority.
If a company is considering the purchase of a parcel of land that was acquired by the seller for $87,000 is offered for sale at $154,000, is assessed for tax purposes at $97,000, is considered by the purchaser as easily being worth $144,000, and is purchased for $141,000, the land should be recorded in the purchaser's books at:
Answer:
$141,000
Explanation:
The company must record the land at the price at which it purchases it. In this case, the company purchased the land at $141,000, so following the historical cost principle (accounting principle), that is the value.
The historical cost principal (under US GAAP) states that any asset must be recorded at the price at which is was acquired even if their market value might be different.
ullbright Company sold goods to Blue Dirt Company for $400,000 in exchange for a 4-year, zero-interest-bearing note with a face amount of $629,406 (imputed rate of 12%). The goods have an inventory cost on Fullbright’s books of $240,000. What amount of Sales Revenue should Fullbright recognize in 2017?
Answer:
The amount of Sales Revenue Fullbright should recognize in 2017 is $400,000
Explanation:
The total value of $629,406 of the note includes the amount of interest revenue which would be $229,406 which is gotten from (629,406-400,000). The value of sales revenue will be $400,000
The amount of Sales Revenue Fullbright should recognize in 2017 is $400,000
Tyrell has a bankruptcy on his credit report and therefore pays higher interest rates on his current loans. He calculates that the extra money he pays in additional interest each year, if invested at the rate of 2.5% for one year, could earn him simple interest totaling $300. How much does Tyrell pay in additional interest each month?
Answer: $1000
Explanation:
From Tyrell's calculation, if he invests his additional credit card payment at the rate 2.5% per annum for one year could earn him simple interest totaling $300
Recall:
Simple interest = principal × rate × time
Principal = additional credit card payment
$300 = principal(P) × (2.5/100) × 1
$300 = P × 0.025 × 1
$300 / 0.025 = P
P = $12,000
Therefore, additional payment per year = $12,000
Monthly payment thus equals :
$12,000 / 12 = $1000
Answer:
c. $1,000
Explanation:
edge 2020
" Brad always buys and uses Nike brand golf balls. If he finds a Titlelist or Callaway ball in the rough, he gives it away. Brand loyal golfers like Brad allow Nike to charge a higher price and not lose many sales. Nike has effectively: "
Answer:
b. reduced the price elasticity of demand for its products.
Explanation:
The price elasticity of demand refers to the relationship between the percentage change in the price of a good and the percentage change in the quantity demanded
Like it in the question, it is mentioned that Nike charged a higher price and does not want to lose many sales which results that it declines the price elasticity of product demands
Albinson Company paid $96,000 for a two-year insurance policy on October 1 and recorded the $96,000 as a debit to Prepaid Insurance and a credit to Cash. What adjusting entry should Albinson make on December 31, the end of the accounting period (no previous adjustment has been made)
Answer:
Debit Insurance expense $12,000
Credit Prepaid Insurance $12,000
Explanation:
When insurance is paid in advance, the entries required are
Debit Prepaid Insurance
Credit Cash account
As time elapses and the insurance expires,
Debit Insurance expense
Credit Prepaid Insurance
Monthly insurance expense
= 1/24 * $96,000
= $4,000
Between October 1 and December 31 is 3 months
Total insurance expense = 3 * $4,000
= $12,000