The deregulation law that permits businesses to be more proactive in their intention to seek money through crowdfunding was the: Jump Start Our Business Act or JOBS Act.
What Is the Jumpstart Our Business Startups (JOBS) Act?On April 5, 2012, President Barack Obama signed the Jumpstart Our Business Startups (JOBS) Act into law, which loosened rules imposed on small enterprises by the Securities and Exchange Commission (SEC).
It permits the promotion of securities offerings and eases disclosure and reporting requirements for businesses with less than $1 billion in annual revenue. Additionally, it opens up crowdsourcing to more people and significantly increases the number of businesses that can issue shares without first registering with the SEC. The goal of the JOBS Act is to make it simpler for companies to raise money. Its secondary goal is to enable small-scale investors to finance companies.
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carol calculates that the total cost of serving 200 customers per day would be $1,600. what is the marginal cost of this increase in customers?
Serving 150 clients a day costs Carol's Steakhouse a total of $900. Carol wants to grow her firm but is worried about how it would affect her marginal cost.
What does growth have a marginal cost?Marginal cost is the increase in production costs by the increase in unit output. For instance, a company will pay $100 to make 100 pieces of a product at first. 100 more pieces of the product are produced for an additional $50.
We have received
C1 = $900\sQ1 = 259
Then c2 = $1600
Q2 = 200\sM = 1600-900/50\s= 14
Realistically, C1 = 900, C2 = 2400, Q1 = 150, Q2 = 50, 1500/50, or 30/14 times 100, or 214.
It exceeds it by 214 percent.
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Suppose the multiplier has a value that exceeds 1, and there are no crowding out effects. Which of the following would shift aggregate demand to the right by more than the increase in expenditures? an increase in investment spending an increase in government expenditures an increase in net exports All of the above are correct.
The shift in aggregate demand to the right by more than the increase in expenditures is All of the above correct.
Aggregate demand, however, reveals the total sum of the marketplace for every single product and service that a financial system produces and expresses it as a complete dollar value. as an example, a rustic may want to have a mixture of demand for goods and offerings equal to $1B according to year.
A combination call is a way of looking at the complete call for goods and offerings in any economic system. it is a tool of macroeconomists, used to assist decide or expecting typical financial strength within a rustic, in a given time frame -- normally 12 months.
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true or false: an asset's book value is usually equal to its market value. true false question. true false
An asset's book value is commonly same to its marketplace value
This assertion is False
What are Book value and Market value?
The term "book value" refers to a corporation's value because it seems on its monetary statements and is taken from its books or accounts. Theoretically, that is what traders could acquire in the event that they liquidated all the corporation's property with a view to settle all of its liabilities. As a result, book value is largely equal to the sum stockholders could acquire within side the occasion of corporation liquidation.
The marketplace value displays a corporation's really well worth in phrases of the stock marketplace. It is the fee that an asset could command at the open marketplace. When regarding businesses, marketplace value and marketplace capitalization are equal. It is a amount of money calculated the use of the proportion rate of the corporation as of the cutting-edge buying and selling day.
The book value of an asset is same to the fee much less accrued depreciation. Such depreciation is computed the use of the straight-line technique, MACRS technique, double declining stability technique etc.
If such an asset is sold
such book value is as compared to marketplace value to compute gain/loss on sale etc.
Hence the assertion is False
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you are on a team of analysts presenting to your stakeholders. your teammate responds to an objection about your steps of analysis by repeating the steps and then getting defensive when the stakeholders don’t seem to understand. what could they have done to respond to the objection more appropriately? select all that appl
If you are on a team of analysts presenting to your stakeholders. The thing they have done to respond to the objection more appropriately is:
Describe the approach you took in your analysisPromise to investigate your analysis question furtherAcknowledge that the objection is validWhat is stakeholders?Stakeholders can be defined as the employee of an organization that involve in the day to day running of a company business and they tend to have the best interest of the company they work for on mind.
Based on the given scenario the thing they need to do so as to respond to the objection rightly is for them to describe the approach step you took , to investigate the analysis question and to as well acknowledge that the objection is true.
Therefore the correct option is A,B,C.
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The complete question is:
you are on a team of analysts presenting to your stakeholders. your teammate responds to an objection about your steps of analysis by repeating the steps and then getting defensive when the stakeholders don’t seem to understand. what could they have done to respond to the objection more appropriately?
Describe the approach you took in your analysis
Promise to investigate your analysis question further
Acknowledge that the objection is valid
it costs c dollars each to manufacture and distribute backpacks. if the backpacks sell at x dollars each, the number sold is given by , where a and b are positive constants. what selling price will bring a maximum profit?
Profit, a financial gain, particularly the sum earned minus the sum spent on purchasing, running, or creating anything.
How are selling price and costs determined?Calculate the total cost of all the items you bought. To calculate the cost price, divide the total cost by the quantity of units purchased. To determine the ultimate price, use the selling price formula: Cost price plus profit margin equals selling price.
What are the selling price and cost price?Cost Price: The cost price of an item is the sum spent to acquire it or the cost at which it was produced. The cost price is denoted by the letter C.P. Selling Price: The selling price is the cost at which an item is offered for sale. The selling price is denoted by the letter S.P.
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after setting up a campaign, a furniture company is ready to upload creatives for it. which three options for creatives will they be able to use in campaign manager 360?
The three options that the company will use for creatives will be Display, Rich video and In-stream video.
Whenever a new firm is setup or a new brand is launched by any company, the company uses many different method for the advertisement of the product. The best way to do this is through different campaigns sponsoring the product. Through campaigns the company is able to reach out to the maximum number of people. Once the campaign is setup creatives are made related to the description of the product. The various methods of creatives will include displaying the product, Making rich video content related to the product and also the in-stream of the description video will be on loop so that all the people will be able to see it.
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johanna, a manager, is responsible for organizing a team for the development of a new product. to be successful in creating synergy in the team, johanna's top priority should be to
To be successful in creating synergy in the team, Johanna's top priority should be to bring in members with complementary skills relevant to the work.
What should Johanna do to be successful in creating synergy in the team?First and foremost, Joanna needs to be clear about the goals of the project that will result in the creation of the new product and assign each team member their specific responsibilities that will eventually form part of the "bug picture" and ensure that they are all aware of their responsibilities.
Joanne will then set them a deadline, and they will need to inspire the staff and provide appropriate feedback so that everyone arrives on time.
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Erick's Transition
Erick is currently a manager of a small financial planning firm. He is seeking a new career with a large corporation in the banking industry. He recently applied for the financial manager opening at G & T Bank. He is concerned that the transition from his small firm to a large corporation will be difficult. To better prepare himself for this change, he has decided to enroll in a few business classes to strengthen his understanding of corporate finance. The business classes have proven to be a valuable tool for learning the critical skills needed to fully understand a financial plan, equity financing, and debt financing. Erick now believes he has strengthened his competitive advantage in his quest for the job.
Refer to Erick's Transition. When Erick has to counsel clients on short-term versus long-term financing needs, which of the following should he identify as a short-term financing need?
a.Speculative production
b.Replacement of equipment
c.Business start-up costs
d.Acquisitions and mergers
e.Expansion of facilities
When Erick has to counsel clients on short-term versus long-term financing needs, Speculative production should be identified as a short-term financing need.
Speculative fiction is a time period that has been used with a selection of (every now and then contradictory) meanings.[1] The broadest interpretation is as a category of fiction encompassing genres with elements that don't exist in fact, recorded records, nature, or the present universe. Such fiction covers diverse topics within the context of supernatural, futuristic, and different resourceful geographical regions.[2] The genres underneath this umbrella class encompass, however are not restrained to, technological know-how fiction, myth, horror, superhero fiction, exchange history, utopian and dystopian fiction, and supernatural fiction, as well as mixtures thereof (for example, technology myth).
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one third of company x's asset purchases were financed by taking out a loan from the bank. the remainder of the asset purchases were financed by selling shares of company x's common stock. what is the financial leverage (ratio) that describes this situation? round your answer to two decimal places if necessary. report any percentages as decimals (ie: write .05 instead of 5%).
The financial leverage (ratio) that describes this situation DEBT EQUITY RATIO.
Generally, a great debt ratio is around 1 to 1.5. However, the best debt ratio will range relying at the industry, as a few industries use extra debt financing than others. Capital-in depth industries just like the monetary and production industries frequently have better ratios that may be more than 2.
With a debt-fairness ratio of 0.5, this agency is a low-threat funding for creditors or involved investors. This ratio indicates that for every $0.50 of debt, the agency has $1.00 of assets.
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in 1624, the dutch bought manhattan island from the local indigenous people for $24. what is it worth today, in 2019, if we assume an annual inflation rate of 4%?
Manhattan is the island that the Dutch buy from the Native Americans for around $24 in trade items. It was revealed that this acquisition was made instigated by Peter.The same thing happened to New Amsterdam, which is now known as New York City.
The island's future worth is $90,173,767. (Approx)
Given: $24 is the present value in 1626.Rate of interest per year = 4%, or 4/100, or 0.04.The years (1626 to 2012) are 386 years. Future worth Calculation of potential value. 386 Future value equals 24 (1 plus 0.04) 386 Future value equals 24 (1.04) %0 Future value equals 24 (3, 757, 240.28) 90, 173, 766.7 is the future value. The island will be worth $90,173,766.70 in the future.The island's future worth is $90,173,767. (Approx).The Dutch made purchases in 1626 totaling $24 in value.Find the balance in 2008 if $24 had been invested in an account paying 3.5% interest annually. 2008 - 1626 =382 years Using the compound interest formula, we determine: A= P(1 + ") nt).where P = the principal ($24) Interest rate equals 3.5%. (0.035) t = 382 years. In a year, there are n compoundings (1).The data are now entered into the formula 24(1 + 0035 y (1) (382) 1 = 24 (1.035)382 = 24. (509581.462506)- $12,229,955.10.
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the following information is provided by rojas company: project a project b project c project d initial investment pv of cash inflows payback period (years) 3.6 3.2 4.0 2.0 npv of project () what is the profitability index for project b?
The profitability index for project b PV of cash inflows/initial investment= profit index 384,000/208,000= 1.846 = 1.85
The profitability index, also called profit investment ratio and value investment ratio is the ratio of payment to the investment of a proposed project. It is a useful tool for ranking projects as it allows you to quantify the amount of value created per unit of investment.
The Profitability Index (PI) is a measure of the attractiveness of a project or investment. PI is calculated by dividing the present value of expected future cash flows by the initial investment of the project.
PI allows you to compare the profitability of two properties regardless of how much you invest in each. NPV, on the other hand, shows you exactly how profitable your investment is compared to other options, and gives you an estimate of your actual cash flow in dollars.
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key elements of effective exercise program management include: a. managing exercise program resources b. maintain a rolling summary of exercise outcomes c. receiving grant funds for training and exercise d. developing national preparedness goal e. a and b f. a and c
The correct response is e. a and b. And a. managing exercise program resources b. maintain a rolling summary of exercise outcomes.
A resource is any material that is available to us in our surroundings that is economically viable, technologically accessible, and culturally sustainable and that enables us to meet our needs and desires. Natural resources include things like stone, sand, metals, oil, coal, and natural gas. Air, sunlight, soil, and water are examples of other natural resources. Plants, fish, birds, and animals are all examples of natural resources. Food, fuel, and raw materials for the manufacture of commodities are all made with the help of natural resources. Any country's development depends on its resources. For instance, fossil fuels are needed to produce energy, and mineral resources are needed to advance industrial development. 6. Ecological and socio-economic issues are the result of excessive and irrational use of natural resources.
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The following message, which originated in an international technology company, was intended to inform new team members about their upcoming move to a different office location. But its stream-of-conscious thinking and jumbled connections leave the receiver confused as to what is expected and how to respond.
Your Task. Study the complete message. Then revise it with (a) a clear introduction that states the purpose of the message, (b) a body with properly announced lists, and (c) a conclusion that includes a call to action and a deadline. Improve the organization by chunking similar material together. What questions must be answered? What tasks should be performed? Make it easy for receivers to respond by "down editing," i.e., returning the message with their responses (in another color) interspersed among listed items. Finally, consider adding "you" view to the message. It can be either an e-mail or a memo.
Hello everyone,
We’ll be moving new team members into a new location next week so there are things we need you to do to be ready for the move. For one thing, let me know which Friday you want your personal items moved. The possibilities are November 9 and 16. Also, if you have an ergonomic desk or chair you want moved, let me know. By the way, we’ll be sending boxes, labels, tape and a move map four or five days before the move date you choose, so let me know if this timeframe allows you enough time to pack your belongings. And if you are bringing office equipment from your current team to the new team, let me know. Remember that company policy allows you to take a workstation/laptop from your current team to the new workstation. So check with your admin and let me know what office equipment you will be bringing. Incidentally, your new workstation will have a monitor and peripherals.
You’ll need to do some things before the movers arrive. Make sure you put foam pads around your valuable, fragile items and then box them up. This includes things such as IT plaques, glass, or anniversary glass sculptures. If the glass things break, replacing them is expensive and the cost center is responsible for replacement. You may want to move them yourself and not have the movers do it.
Another thing–make sure you pack up the contents of all gray filing cabinets because movers do not move those. Also, write on the move map the number and delivery location of whiteboards, corkboards, and rolling cabinets. Most importantly, make sure you add a name label to all your belongings, such as desk phones, docking stations, peripherals, monitors, tables, ergonomic desks, ergonomic chairs, etc. If you see old move labels on recycled boxes, remove them or cross them out.
Get back to me ASAP. And by the way, the movers will arrive between 4 p.m. and midnight on the move date.
Thank you.
Greetings to all
Next week, we'll be moving new team members into a new location, so there are certain preparations we need you to make. Let me know which Friday you want your personal belongings moved, for starters. The dates November 9 and 16 are possible. Please let me know if you need an ergonomic desk or chair moved as well. By the way, four or five days prior to the move date you select, we'll deliver boxes, labels, tape, and a move plan. Please let me know whether this window of time gives you enough time to pack your office supplies and personal things. Additionally, please let me know if you're transferring office supplies from your old team to the new team.
Keep in mind that you may transfer a workstation or laptop from your existing team to the new workstation in accordance with corporate policies. So confirm with your administrative staff, and let me know what office supplies you plan to bring. Your new workstation will also feature peripherals and a monitor. Before the movers show up, you'll need to take care of a few items. Make careful you box up your priceless, fragile goods after placing foam padding all around them. This covers items like glass or anniversary glass sculptures as well as IT plaques. Replacing broken glass items is expensive, and the cost centre is accountable for doing so. You might prefer to move them yourself rather than hire movers.
Another thing is that since movers do not move grey filing cabinets, make sure you pack up all of their contents. Write the quantity and delivery location of rolling cabinets, cork boards, and whiteboards on the move map as well. most crucial. Ensure that all of your office equipment, including desk phones, docking stations, peripherals, monitors, tables, ergonomic desks, ergonomic chairs, etc., has a name label. Recycled boxes with old move labels on them should have them removed or crossed off.
Get back to me right away. And on the day of the transfer, the movers will show up between 4 p.m. and midnight.
Many thanks
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TRUE/FALSE. record companies will buy blocks of tickets to concerts of their artists to be given away to local influencers, such as disc jockeys and celebrities.
In order to give away tickets to their artists' concerts to local influencers like celebrities and disc jockeys, record labels will purchase large quantities of them. So statement is true.
How can you expand your business internationally with the aid of local influencers?An avid following in their particular area exists for a local influencer. Their audience is really engaged even if they don't necessarily have a sizable following (often between 1,000 and 10,000). In order to raise brand recognition among target markets, local influencer marketing makes use of these people. A lot of influencers also concentrate on a certain specialization, like parenting, fitness, beauty, travel, and many other topics. Influencers are now categorized by marketers based on their follower numbers and the value they add to local influencer strategies as a result of the significant growth of influencer marketing.
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Because employee withholding and payroll taxes must be paid by employers periodically and in the near term, they are considered
A : long-term liabilities.
B : current liabilities.
C : current assets.
D : long-term assets.
Because employee withholding and payroll taxes must be paid by employers periodically and in the near term, they are considered long-term assets.
Long-term assets (also referred to as fixed or capital belongings) are those a business can anticipate to apply, update and/or convert to cash beyond the ordinary working cycle of a minimum 12 months. often they're used for years. This distinguishes them from modern-day belongings, which agencies normally dissipate within three hundred and sixty five days.
Some examples of long-time period property encompass fixed property like property, plant, and equipment, which could encompass land, machinery, homes, furnishings, and motors. long-term investments together with shares and bonds or real estate, or investments made in other corporations.
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if the auditor believes that financial statements prepared on the entity’s income tax basis are not suitably titled, the auditor should
If the auditor believes that financial statements prepared on the entity’s income tax basis are not suitably titled, the auditor should Qualify the opinion.
An auditor is a person or company that a business hires to perform an audit. A person must be qualified by the organization that oversees the accounting and auditing, as well as other requirements, to act as an auditor. Usually, a person needs a practicing certificate from a regulatory body to work as a company's external auditor.
An impartial entity known as an external auditor or statutory auditor is employed by the client being audited to express an opinion on the absence of material misstatement in the company's financial statements. company, including errors due to fraud or error.
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a tax on buyers causes which of the following? (i) a leftward shift of the demand curve (ii) a decrease in quantity sold (iii) an increase in the price buyers pay (ii) and (iii) only (i) (i), (ii), and (iii) (i) and (iii)
A Tax on buyers causes all of the following listed in the option. So the correct option is a. (i), (ii), and (iii). A tax on buyers causes a leftward shift in the demand curve, a decrease in the quantity of goods sold, and an increase in the price buyers pay.
Taxation refers to a certain sum of money collected by the government from either the sellers or buyers on purchasing or producing goods and services. Taxation decreases the incentives of the entities. A tax on buyers signifies that a sum of money is collected from the consumers while purchasing certain goods through increased price.
In addition, a tax reduces the quantity traded, thereby reducing some of the gains from trade. A tax increases the price a buyer pays by less than the tax.
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what is the approximate market value of a bond that pays $60 interest each year if comparable interest rates have dropped to 4 percent?
The approximate market value of a bond value that pays $60 interest each year if comparable interest rates have dropped to 5 is $1,500.
How is the worth of a bond decided?Supply and demand, credit quality, and length to maturity are the three main factors that affect the price of bonds on the open market. The length of time until a bond matures determines how much interest its owner will get. The face value, or par value, of the bond, is returned to the owner when it matures. If a put or call option is available on the bond, the term to maturity may change.
Given:
Given:
The bond would represent the characteristics of a perpetuity.
PMT/ I = $60/4% = $1,500
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a 120-mm wide an 5 mm thick flat belt transfers power from a 250-mm-diameter driving pulley to a 700 mm diameter driven pulley. the belt has a mass per length of 2.1kg/m and a coefficient of friction of 0.3
The answer of the question is the length of the belt is 8.5067 m and the two forces in the belt are 7703.9 N, 3120.25 N and the maximum tensile stress is 13.44 MPA.\
Since the motion of the belt between the driver and the follower is controlled by a firm grip caused by friction between the belt and the pulleys, the two ends of the belt are linked when it is coiled around the two pulleys (i.e., the driver and the follower). The belt is pulled tighter to strengthen this grip. At this point, the belt is under initial tension and is under tension even when the pulleys are immobile.When the driver turns, the belt is pulled from one side (increasing tension on this side) and delivered to the other. This increased tension on one side of the belt is referred to as the "tension in tight side" and the decreased tension on the other side of the belt is referred to as the "tension in slack side."
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requirement 1. determine the present value of -year bonds payable with face value of and stated interest rate of %, paid semiannually. the market rate of
the present value of -year bonds is $86,000 payable with face value of and stated interest rate of %, paid semiannually.
How do you determine a bond's current value?A bond's future cash payments are discounted by the going market interest rate to get its present value. The sum of the following factors determines a bond's present value: plus the discounted value of the interest payments due every two years. the principal payment's current value on the bond's maturity date.
How do you determine a bond's current value?
A bond's future cash payments are discounted by the going market interest rate to get its present value. The sum of the following factors determines a bond's present value: plus the discounted value of the interest payments due every two years. the principal payment's current value on the bond's maturity date.
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A small capacity cushion:
a. maximizes utilization.
b. is used when capacity is inexpensive.
c. means that the cushion is 0%.
d. is a competitive disadvantage.
A small capacity cushion maximizes utilization. Thus the correct option is A.
What is capacity cushion?The amount of additional space that a company can manage in the case of an increase in demand or potential production losses is referred to as a capacity cushion. The size of a capacity cushion might vary depending on the circumstance—it could be low, medium, or high.
When stockouts are more expensive than capacity, limited cushion capacities are used. This leads to the optimal use of available resources. Therefore, option A maximizes utilization is appropriate.
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which one of the following statements is correct? a. both call and put option deltas are always positive. b. put option deltas are always negative. c. call option deltas are always negative. d. both call and put option deltas are always negative.
The following statement "Call option deltas are always positive" is correct.
For call and put options, respectively, the delta is positive. This is because an increase in stock price is advantageous for call options and unfavorable for put options. Over time, the value of the delta fluctuates and is not constant. Delta is influenced by variables like volatility, interest rates, and time before maturity.
The positive Delta of call options can vary from 0.00 to 1.00. The Delta of at-the-money options is typically 0.50 or less. With deeper ITM, the Delta will rise (and eventually reach 1.00). ITM call option delta will approach 1.00 as expiry draws near.
The given question is incomplete, the complete question is:
which one of the following statements is correct? a. both call and put option deltas are always positive. b. put option deltas are always negative. c. call option deltas are always negative. d. both call and put option deltas are always negative. e. call option deltas are always positive.
Hence the correct option is E
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marshall’s toy shop manufactures dolls. marshall’s uses 4 standard direct labor hours to produce each doll. the manager pays a standard price of $10 for each direct labor hour. what is the standard cost of direct labor of each doll?
The average direct labor cost for one doll is $40. Direct Labor Days x $10/Labor Day = $40
What else do we mean about standard cost?A classical cost is the amount estimated for a typical manufacturing process, for which real costs are contrasted. Naturally, the initial costing system will need to be evaluated if a new model, service, or method is to be used.
What are normal cost and its variations?A standard cost is also referred to as the cost that "should be," a set cost, a future periods cost, an estimated costs, a forecasted unit cost, or an estimated cost. The yearly profit plan or operating budgets of manufacturers frequently include standard costs as a key component.
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a progressive approach consists of a series of exercises tied to: a. personnel evaluations b. a set of program priorities c. annual training programs d. the fiscal year's budget
A program progressive approach consists of a series of exercises tied to a set of program priorities.
The modern degree program (PDP) permits superior USC undergraduate students to apply undergraduate coursework towards the entirety of a USC grasp's degree. Pursuing a revolutionary degree can deepen your schooling and similarly prepare you for a destiny career in as low as one additional yr.
So long as coverage is canceled before the coverage time period ends, revolutionary clients will get a reimbursement. customers who've automated month-to-month bill installation with modern will get their refund within or 3 business days of canceling their policy.
Progressivists agree that training needs to be a process of ongoing increase, now not only a practice for becoming a grownup. An obvious instance of progressivism might be our magnificence. we're in groups a lot and we actively study thru dialogue.
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the best way for a company to profit from technological know-how that it wants to maintain control over when entering a foreign market, is to enter the market through a(n) blank .
Most businesses start their global expansion through exporting because it's often the simplest approach to reach a foreign market.
What approach to entering a foreign market gives a corporation the most control and possibility for profit?Direct investment from abroad
A new business may be founded or an existing one may be acquired as part of a direct foreign investment. Direct ownership offers a high level of control over the business's operations and the chance to get to know its customers and market more intimately.
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q3. when all inputs are variable (i.e., in the long-run), if a higher level of production allows workers to specialize in particular tasks, a firm will likely exhibit of scale and average total cost.
The term "long run" refers to the time frame during which a company can change all of its production-related parameters. As a result, the idea of constant inputs does not apply in the long term, which solely uses variable inputs. In the long run, the company can expand the plant's size.
Since fixed costs do not exist in the long run, it is easy to conceive that there is no difference between long-run variable costs and long-run total costs.
How Do Fixed Costs Work?
The cost of a company expense is said to as a fixed cost if it remains constant regardless of whether more or less goods and services are produced or sold. Fixed costs are frequently associated with ongoing expenditures like rent, interest payments, and insurance that aren't directly tied to productivity.
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which of the following statements is true? group of answer choices if average product equals marginal product, average product decreases. if marginal product equals average product, average product is a maximum. if marginal product equals average product, marginal product is a maximum. if marginal product exceeds average product, marginal product increases.
The correct Option B: If marginal product equals average product, average product is maximum.
The average product curve's peak is located where the marginal product and average product curves connect. The average does not change if the marginal worker's productivity is equal to the average productivity of the existing workforce.
Average product is the amount of output generated per unit of a production factor while holding other production variables constant.
A factor of production is more productive the higher the average product is, and vice versa. The difference between average product and average revenue product is that the latter measures the revenue generated by each production element while holding all other variables constant.
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The statement "If marginal product equals average product, average product is a maximum" is true.
In economics, the relationship between average product (AP) and marginal product (MP) is important to understand the productivity of inputs, such as labor.
Average product (AP) is calculated by dividing the total product (TP) by the quantity of the input (e.g., labor) used to produce that output. Mathematically, AP = TP / Quantity of input.
Marginal product (MP) represents the additional output produced when one additional unit of input is added while holding other inputs constant. It is calculated as the derivative of the total product with respect to the quantity of input used.
When marginal product equals average product (MP = AP), the average product is maximized. This occurs when the marginal product reaches its peak and starts to decline. In other words, when each additional unit of input adds the same amount of output as the average, the average product is at its highest point.
It is important to note that if marginal product exceeds average product (MP > AP), the average product increases. This indicates that each additional unit of input contributes more output than the average, resulting in an increase in the average product.
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Identify the tasks performed by workers in a production career. Choose all that apply.
Product quality standards and deadlines are the responsibility of a Production Worker.In environments where materials may be hazardous, they inspect for defects, assemble products, monitor manufacturing equipment, and strictly adhere to safety procedures to prevent accidents.
What is quality in a product?
Product quality is how well a product meets industry standards, serves its purpose, and meets the needs of customers.Businesses look at a number of important things when determining the quality of a product, such as whether it solves a problem, functions effectively, or serves the needs of customers.
How can a product be of high quality?
Good products must have a strong value proposition, solve a real problem, be easy to use, do their job as quickly and easily as possible, improve over time, and be hard to get rid of.
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brown, cpa, has accepted an engagement to audit the effectiveness of the internal control over financial reporting of crow company (a nonissuer) and to issue a report on such audit. in what form does crow present its written assessment about effectiveness?
It is Only under specific circumstances that an auditor is permitted to audit the internal control of a crow company. Such conditions include auditor's report and management's appraisal of the entity's internal control's efficacy as well as a criterion for accepting the engagement listed in the separate report.
What are the objectives of a CPA's audit?The main advantage of having an annual audit performed by a public accounting firm is to: 1) Give investors and other outsiders the assurance that the financial statements are trustworthy.
2) Permit executives and directors to escape taking personal liability for any financial statement errors.
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Homeowners insurance costs are ______ in states that are more susceptible to hurricanes, floods or tornadoes.
Homeowners insurance costs are higher in the states that are more susceptible to hurricanes, floods or the tornadoes.
What is a insurance?As a way of financial loss protection, a party agrees to guarantee another party reimbursement in the case of a certain loss, damage, or injury in exchange for a fee. An underwriter, insurer, insurance company, or carrier is a business that provides insurance. A person or organization that obtains insurance is known as a policyholder, whereas a person or organization that the policy protects is known as an insured. In an insurance deal, the insured promises to pay the insurer back in the case of a covered loss in exchange for the insurer's agreement to accept payment from the policyholder for a predictable, modest, and assured loss.
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