Answer:
grow quickly without making a huge investment in real estate
Explanation:
Since uptown cheapskate, the company profiled in the opening feature of chapter 15, according to the feature, Chelsea and Scott decided to grow uptown cheapskate via franchising because they wanted option A) grow quickly without making a huge investment in real estate.
Which real estate tactic is the most profitable?Real estate appreciation—an increase in the property's value that is recognized when you sell—is the most typical technique to make money in the industry. The main factors influencing the value of residential and commercial real estate are location, development, and upgrades.
Therefore, In the marketing and distribution practice of franchising, the owner of a business system (the franchisor) offers a person or group of people (the franchisee) the right to operate a company that sells goods or renders services utilizing the franchisor's business system.
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During 2018, Noriko paid the following taxes related to her home:
Real Estate property taxes on residence (paid from escrow account)
$ 1,800
State personal property tax on her automobile (based on value)
600
Property taxes on land held for long-term appreciation 400
What amount can Noriko deduct as property taxes in calculating itemized deductions, assuming she was under the $10,000 limit for state and local taxes, for 2018?
$400.
$1,000.
$2,400.
$2,800.
$2,800.
$1,800 + $600 +$400 = $2,800
As the state personal property tax was based on the value of her vehicle, it is a tax and not a fee, and is allowable as a deduction. The Tax Cuts and Jobs Act (TCJA) of 2017 limited the deduction for income, real estate and other state and local taxes. Beginning in 2018, the limitation for the deductibility of all state and local taxes is $10,000 ($5,000 for MFS).
If Noriko is under the $10,000 cap for state and local taxes for 2018, she can deduct $2,800 in property taxes when calculating her itemized deduction. The right response in this case is option D.
Real estate that is held by a person, a business, or another sort of legal entity is subject to property tax. Real estate ad-valorem taxes, which are viewed as regressive taxes, are the most common type of property tax. It is computed by the local government in the area where the property is situated, and the owner is responsible for paying for it.
$1,800 in real estate property taxes for a home
Her car's state personal property tax is worth $600.
$400 in property taxes for a plot of land preserved for future value
Since the state's personal property tax was calculated based on the value of her car, it qualifies as a tax rather than a charge and can be deducted.
= $1,800 + $600 +$400
= $2,800
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gruden bancorp inc. purchased a portfolio of trading securities during year 1. the cost and fair value of this portfolio on december 31, year 1, was as follows: name number of shares total cost total fair value griffin inc. 1,400 $18,760 $17,630 luck company 650 21,320 19,830 wilson company 200 6,400 6,530 total $46,480 $43,990 on may 10, year 2, gruden bancorp inc. purchased 550 shares of carroll inc., at $32 per share plus a $60 brokerage commission. provide the journal entries to record the following: question content area a. the adjustment of the trading security portfolio to fair value on december 31, year 1.
A Journal Enteries is the act of keeping or making records of any transactions both monetary or non-financial. Transactions are indexed in an accounting magazine that suggests a employer's debit and credit balances.
AJournal Enteries statistics a enterprise transaction within the accounting device for an agency. magazine entries form the constructing blocks of the double-entry accounting approach that has been used for hundreds of years to maintain financial information.
Journal Enteries
Date Particulars Debit in $ Credit in $
a. The adjustment of the trading security portfolio to fair value on December 31, Year 1.
Dec-31 Unrealized Gain (Loss) on Available-for- Sale Investments a/c _ Dr. 1950
To Valuation Allowance for Available-for-Sale investments 1950
To record the increase in fair value of trading investments ($115,550 — $117,500)
b. The May 10, Year 2, purchase of Carroll nc. stock.
May-10 Investment in Equity Securities a/c Dr. 34900
To Cash 34900
1200 x 29 = 34800 + 100
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investors who fear rising infation may buy treasury inflation protectio securites how do tips shield lendsers from inflation
TIPS change in price (principal balance) to preserve their actual worth when inflation rises as opposed to their yield growing.
Does inflation benefit the economy?Despite the fact that significant inflation is often viewed as bad, some economists claim that a little amount of inflation may actually promote economic growth. The opposite of inflation is deflation, which is a situation in which prices typically decline. The goal of the Federal Reserve's Consumer Price Index is to keep inflation around 2%. (CPI).
What is the source of inflation?Inflation is the term used to describe when prices during an economy rise or when the purchasing power of money declines. According to economists, a number of variables, such as a rise in the money supply, higher wages, and increased aggregate demand, may contribute to inflation.
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as the number of units manufactured increased from 100 to 200, manufacturing cost (total) increased from $350 to $650. assume the given data establish the relationship between cost (y) and number of units made (x), and assume the relationship is linear. find the equation of the relationship.
Consequently, the linear equation y=3x+50 connecting the total cost to the quantity produced.
What are Manufacturing Costs?The manufacturing cost is the sum of all expenses incurred in the production of a good. The three categories of cost of manufacturing are direct costs of material, direct labor, & manufacturing overhead. It affects the overall cost of delivery. The costs directly associated with creating the product are known as manufacturing costs. The per-item cost of doing business must be calculated taking into account both production costs and manufacturing costs.
Why is manufacturing cost important?Costs of production have a significant impact on the efficient design and production of a product. The added value model states that a profit can only be made when the cost of production is less than the value added. Therefore, a product's success depends on knowing how much it will cost to design and manufacture.
Briefing:A linear equation is of the form
y = mx+b
where b is the value at x=0 and m is the slope (rate of change of y with respect to x).
With the information provided, the price rose by $650-$350=$300 when the quantity produced rose by 200-100=100. Therefore, 300/100=3 represents the rate of change of cost (y) in relation to x (number of units).
So the equation is of the form
y = 3x+b
To calculate b, choose one of the two available data points.
When 100 units were produced, the total cost was $350:
350 = 3(100)+b
350 = 300+b
b = 50
The equation y=3x+50, which connects the total cost to the quantity produced, provides the right answer.
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Which manufacturing strategy creates additional wait time for the buyer to receive the product, but allows customers to purchase pre-designed and pre-engineered products that can be customized to the the buyers specifications?.
Make-to-Order (MTO) is a manufacturing strategy that increases the buyer's wait time before receiving the product but enables customers to buy pre-designed
what is The term "product" is confusing.?Anything you offer to fulfill a customer's needs desire is a product. They could be real or imaginary. A physical product can be either durable (such as vehicles, furniture, or computers) or nondurable (like food and beverages).
What constitutes an excellent product?An effective product has a defined value proposition and is well-marketed. We all understand that successful marketing is essential for a product to succeed. A value proposition, however, what exactly is it? A company's value proposition is what it guarantees to provide customers in exchange for their continued use of its product.
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taylor company had beginning inventory of $630 and ending inventory of $910. taylor company had cost of goods sold amounting to $2,390. what is the amount of inventory that was purchased during the period?
When Taylor company had beginning inventory of $630; ending inventory of $910, and costs of goods sold is equivalent to $2,390, the amount of inventory purchased during the period will be $2,670.
The cost of goods sold can be referred to or considered as the costs incurred by an accounting firm to be able to generate revenues through sales of its goods and services.
Cost of Goods Sold = Beginning inventory + Inventory Purchased - Ending Inventory
2390 = 630 + Amount of Inventory - 910
Amount of Inventory = 2390+910-630
Amount of Inventory = $2,670
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Portfolio analysis is:
A) the categorization of spend map based on the risks to acquire in the marketplace
and value.
B) a method of multiple sourcing.
C) a method of identifying substitute materials.
D) a method of multiple sourcing, a method of identifying substitute materials and
the categorization of spend map based on the risks to acquire in the marketplace
and value.
E) a method of multiple sourcing and the categorization of spend map based on the
risks to acquire in the marketplace and value.
Portfolio analysis in strategic management is the categorization of spend map based on the risks to acquire in the marketplace and value (A).
Portfolio analysis is an important tool in stratgic management and strategic decision making process. Portfolio analysis enables a company to gain valuable insight into its market position, where to direct investment, and how to enhance a company's products and the total category sales.
Portfolio analysis allows a company to examine all the aspects related to the organization to improve its profits. Portfolio analysis involves analyzing every aspects of product mix to identify and evaluate all products groups offered by a company and helps company to perpare the detailed strategies for each part of the prouct mix to improve the growth rate.
Portfolio analysis might consist of 7 steps:
Identify lines of businessGroup lines of businessCompare business with mission statementDefine products and servicesProgram evaluation matrixFind the alternativesDetermine program fitLearn more about Porftolio Analysis here: https://brainly.com/question/5101186
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a 9-year bond is issued with the following terms: face value: $1,200,000 annual coupon rate: 12% market rate: 15% what is the amount of the semiannual interest annuity paid under this bond?
The semi-annual interest annuity paid under the bond is $72,000
What is the semi-annual interest annuity?A bond is a debt instrument used by businesses to raise capital needed for business operations.
Bondholders earn interest on the amount invested and at the maturity of the bond, they are paid back the amount invested. The interest that is paid is a function of the coupon rate of the bond.
The semi-annual interest annuity is the amount that would be paid twice in a month.
The semi-annual interest annuity = (annual interest rate / 2) x face value
The semi-annual interest annuity = (12% / 2) x $1,200,000
The semi-annual interest annuity = 6% x $1,200,000
The semi-annual interest annuity = 0.06 x $1,200,000
The semi-annual interest annuity = $72,000
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Fixed costs are important because, at least in the ___________, the firm _______________.
B. short run; cannot alter them
Costs that are unaffected by a company's level of output are known as fixed costs.Even if the company does not produce anything, these expenses will still be incurred.
What is a fixed expense?
A cost that fluctuates inversely with changes in activity volume on a unit basis but remains constant overall is known as a fixed cost.
What factors determine a company's fixed cost level?
Costs that are usually based on time rather than on how many products or services your company sells or produces are known as fixed costs.Rent and lease payments, salaries, utility bills, insurance, and loan repayments are all examples of fixed costs.Business licenses and other types of taxes are examples of fixed costs.
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It is recommended that an entrepreneur avoid using the internet as a resource for finding information to write a business plan because the information found there is often incorrect and unreliable.
False
It is recommended that an entrepreneur avoid using the internet as a resource for finding information to write a business plan because the information found there is often incorrect and unreliable. FALSE
An entrepreneur is a person who has an concept and who works to create a product or service that humans will buy, in addition to an business enterprise to assist that effort. An entrepreneur takes on most of the hazard and initiative for his or her new business, and is regularly visible as a visionary or innovator.
The entrepreneur is defined as a person who has the ability and choice to establish, administer and succeed in a startup task along side chance entitled to it, to make profits. The pleasant instance of entrepreneurship is the starting of a new business venture.
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A donut shop makes the best donuts in town. The kitchen's production is usually between 20 and 22 donuts per hour. The owner buys a new machine to help the team make donuts faster. The owner tracks production over the course of seven days. On which day does the machine make a positive impact on production?
Day 3
Day 4
Day 5
Day 6
On Day 5, the machine made a positive impact on production.
The kitchen's production is usually between 20 and 22 donuts per hour. The owner buys a new machine to help the team make donuts faster.
The owner tracked the production rate over the course of seven days and noticed that on Day 5, the production rate increased from 22 donuts per hour to 24 donuts per hour. This shows that the machine was able to help the team make donuts faster, thus increasing their production rate.
So, the correct option is c which is day 5.
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Answer:Use the table to answer the question that follows.
Day
Donuts per Hour
1
20
2
22
3
21
4
10
5
15
6
50
7
55
A donut shop makes the best donuts in town. The kitchen's production is usually between 20 and 22 donuts per hour. The owner buys a new machine to help the team make donuts faster. The owner tracks production over the course of seven days. On which day does the machine make a positive impact on production?
Day 3
Day 4
Day 5 <============
Day 6
Explanation:
the unemployment rate is currently 6% higher than the natural rate of unemployment. the current quantity of output is greater than potential output. the natural level of output is $3 trillion.
Unemployment rate is currently= 30303030296.969
If unemployment rate =x
then unemployment rate is currently=x+6
output = $3 trillion
The unemployment rate is calculated = (Unemployed ÷ output ) x 100.
x+6=x/3 trillion *100
x-100x= 3000,000,000,000-6
x=30303030296.969
unemployment rate is currently=x+6
30303030302.969+6 = -30303030296.969
There are several factors that contribute to unemployment that affect both the supply side, or workers, and the demand side, or employers. High interest rates, a slowing global economy, and the financial crisis can all have an impact on demand. Two important supply-side contributions are frictional unemployment and structural employment.
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an increase in the money supply will a. increase interest rates, decreasing investment and aggregate demand. b. reduce interest rates, increasing investment and aggregate demand. c. reduce interest rates, decreasing investment and increasing aggregate demand. d. increase interest rates, increasing investment and aggregate demand.
An increase in the money supply will increase interest rates, decreasing investment and aggregate demand.
A cash supply boom will cause will increase in aggregate call for goods and services. A cash deliver increase will generally tend to raise the fee degree in the long run.
An growth in the deliver of cash works both via lowering hobby quotes, which spurs funding, and via putting extra money within the fingers of customers, making them experience wealthier, and for that reason stimulating spending.
Inflation is precipitated when the cash deliver in an financial system grows at quicker amount than the financial system's ability to produce items and services.
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what is the appropriate discount rate to use only if the proposed investment is a replica of the firm's existing operating activities? multiple choice question.
WACC, or the Weighted Average Cost of Capital, is the appropriate discount rate to be used when the proposed investment is a replica of the firm's existing operating activities.
Weighted Average Cost of Capital can be referred to or considered as the amount incurred by a firm to build its capital in order to ensure a smooth functioning of its operational activities. A capital expenditure cost over WACC being incurred helps in ensuring functionality of other factors of production of the firm. The weightage of such costs is averaged throughout.
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Complete question
what is the appropriate discount rate to use only if the proposed investment is a replica of the firm's existing operating activities?
which government body is primarily responsible for regulating banks and ensuring the health of the banking system?
The Reserve Bank of India is the government body is primarily responsible for regulating banks and ensuring the health of the banking system.
RBI or Reserve Bank of India is known as the banker's bank. It is known for that because it acts as a bank which gives loans for all the commercial banks in India. Reserve bank holds their cash reserves, lends them short -term amounts and provides them the central clearing and payment facilities.
Indian Central Banking Enquiry Committee issues of the establishment of the Reserve Bank of India as the Central Bank for India. Reserve Bank of India Act, 1934, constitutes the statutory basis on which the Bank is established.
the main objectives of the RBI according to the Preamble of the same are as follows:-
To regulate the issue of Bank notes.To secure monetary stability in the country.To learn more about Reserve Bank of India:
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what are the two ways a firm can create more value for its products? multiple select question. lower production costs increase production levels make product more attractive to consumer decrease the firms infrastructure
Its production has a lower opportunity cost. Any organization's functioning is divided into two parts: its primary operations.
We must comprehend opportunity cost, or the price of the alternative that was turned down for producing that good. For instance, the wood and metal from a boat may be used to make chairs, tables, or even automobiles. To put it succinctly: it's what we offer you to do what we're doing. Therefore, if a nation has a lower production than the competition due to a superior opportunity cost, it may produce more of that good since it is less expensive. As a result, we have a competitive advantage over the other country, which can create more of this product at a higher cost due to reduced opportunity costs.
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the supply curve for the monopolist a. does not exist. b. is vertical. c. is upward sloping. d. is horizontal.
A monopolist does not have a supply curve since it determines its price and quantity to provide at the same time. Thus, the correct choice is (a) does not exist.
What is the term monopoly means?A monopoly, as defined by Irving Fisher, is a market with "no competition," resulting in a scenario in which a certain individual or organization is the exclusive supplier of a given product. This is in contrast to monopoly, which refers to a single entity's dominance of a market to acquire an item or service, and oligopoly and duopoly, which are characterized by a few vendors dominating a market. Monopolies are therefore distinguished by the absence of economic rivalry to manufacture the commodity or service, the absence of viable replacement goods, and the potential of a high monopoly price considerably beyond the seller's marginal cost, resulting in a high monopoly profit.
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What kind of claim is used for billing provider fee-for-service claims to commercial health insurance companies?.
CMS-1500 claims are used to bill business insurance carriers for provider fee-for-service claims.
Who is the top five insurance company?The top five auto insurers in the United States are State Farm, USAA, Geico, and Progressive. State Farm distributes coverage through its nationwide network of agents as well as online, holding a 16% market share for auto insurance.
Which insurer enjoys the greatest level of popularity?USAA. Our ratings show that USAA is the top insurance provider. Customers of USAA express the highest levels of customer satisfaction, are most willing to renew their insurance, and suggest USAA to other drivers, according to our poll from 2022.
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To ensure a balanced use of advertising media, radio advertisements must not exceed 50% of the total number of advertisements authorized. In addition, television should account for at least 10% of the total number of advertisements authorized. (a) if the promotional budget is limited to $15,900, how many commercial messages should be run on each medium to maximize total audience contact?
Objective function The objective is to maximize the total audience contact=1.5+0.2=1.7%
Solution Let x1 = Number of commercial messages run on Television10% x2 = 0.2 Number of commercial messages run on Radio50% x3 = 1.5 Number of commercial messages run on Online Objective function The objective is to maximize the total audience contact=1.5+0.2=1.7%.Simply put, the "total audience viewing behavior measuring" technique is a method that businesses employ to gauge how viewers consume material regardless of the platform they use. Both active and passive metering devices are covered by this method. The "total audience viewing behavior measurement" technique, then, measures audience viewing behavior independently of the device used to access the content.
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The _____ model includes associations between concepts and the property of spreading activation.
a. parallel distributed processing b. connectionist network c. neural network d. semantic network
'The semantic network model includes associations between concepts and the property of spreading activation.
A semantic network, or framework network, is a knowledge base that represents the semantic relationships between concepts in the network. It is often used as a form of knowledge representation.
The Semantic Web is a method of knowledge representation that represents semantic relationships between concepts using directed or undirected graphs composed of nodes (which represent concepts) and edges.
A semantic network is a way of representing the relationships between objects and ideas. For example, networks can tell computers the relationships between different animals (cats are mammals and cats have whiskers).
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explain why a decline in investment spending caused by a change in business expectations leads to a fall in consumer spending.
This is generally triggered by falling costs in one or more sectors, giving consumers more room to buy more good and services, save, or invest. Under this case, demand for total services and products rises at the same time that demand drops.
Explain why a decrease in investment spending due to a shift in business expectations results in a decrease in consumer spending.
A dramatic drop in investment spending, like an improvement in economic spending, has a ratio impact on the real GDP—the only difference is that real GDP drops rather than rises. The fall in I causes a drop in real GDP, which causes a drop in disposable income (since less output means less deposits to workers), which causes a reduction in consumer spending, which causes another drop in real GDP, and so on. As a result, spending falls as a result of the drop in investment spending
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Which of the following is NOT an advantage of online bond brokerage services?
a. Pricing is more transparent because investors can easily compare bid and ask spreads.
b. Some services charge commissions, which may be more easily understood than bid and ask spreads.
c. Some brokers have narrowed their spreads so that they do not lose business to competitors.
d. All of these are advantages of online bond brokerage services.
Online bond brokerage services provide the benefit of more transparent pricing since investors may compare bids and ask spreads with ease. Some firms also charge fees, which may be simpler to understand than bid and ask spreads.
Some brokers have reduced their spreads to prevent losing clients to rivals. So a bond broker acts as a middleman between bond purchasers and bond issuers or sellers. In exchange for compensation, the broker buys and sells bond securities on behalf of investors on the trading floor of an exchange or in the over-the-counter (OTC) markets.
They offer a steady source of revenue. Bonds typically pay interest twice each year. Bonds are a technique to protect capital while investing since bondholders get their whole principle if the bonds are held to maturity. The exposure to more volatile stock holdings can be reduced with the use of bonds.
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what effect does the inventory costing method have on the income statement? the inventory methods affects the amount of the . multiple choice question. sales, cost of goods sold and gross profit and does not affect on income tax expense sales, cost of goods sold, gross profit, income tax expense and net income cost of goods sold and gross profit only cost of goods sold, gross profit, income from operations, income before income tax expense, income tax expense and net income
Inventory methods have an impact on the amount of Cost of Goods Sold, Gross Profit, Income from Operations, Income before Income Tax Expense, Income Tax Expense, and Net Income.
Inventory refers to all of the items, goods, merchandise, and materials held by a company for the purpose of reselling in the market for profit. For instance, if a newspaper vendor uses a vehicle to deliver newspapers to customers, only the newspaper is considered inventory. The car will be regarded as an asset.
The main goal of the inventory is to guarantee that there is a constant supply of materials for operations.
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Answer:A
Explanation:
if westerville’s chief executive officer will earn a bonus only if her roi from this year exceeds her roi from last year, would she pursue the investment opportunity?
She would pursue the investment because it increases her residual income. She would not pursue the opportunity because it would reduce her residual income.
Investment is the commitment of money to the purchase of an asset with the goal of increasing its value over time. The sacrifice of a current asset, such as time, money, or effort, is necessary for investment. To generate a return on the invested asset is the aim of financial investment.
A good way to put your money to work and possibly increase your wealth is to invest. Your money may experience value growth and outperform inflation if you invest wisely.
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A company's ability to achieve and maintain a unique and valuable competitive position both within a nation and globally, generating higher rates of profit than its competitors, is known as competitive advantage. comparative advantage. international strategy. resource leverage. strategic dominance.
A company's ability to achieve and maintain a unique and valuable competitive position is a competitive advantage
Competitive advantage is the capacity of an organization to establish and sustain a distinct and valued competitive position both domestically and internationally, earning higher rates of profit than its rivals When a corporation can make goods that are similar to those of its competitors at a lower cost, it can stay ahead of the competition due to economic factors.
When the product is robust, the competitive advantage can be considered to become sustained. Since this calls for strategic planning and sound business management, a dynamic environment is required. Being stationary just moves the firm in one direction, but being able to view things from many angles might provide concepts that boost a business's competitive advantage.
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a mushroom with great health benefits only grows in one valley on public land owned by the government. it is likely that responses the mushroom production will be well managed to ensure long term sustainability. the mushroom production will be well managed to ensure long term sustainability. a cooperative will be created to manage the mushroom production. a cooperative will be created to manage the mushroom production. the mushroom will be over-harvested.
A mushroom with great health benefits only grows in one valley on public land owned by the government. it is likely that a) the mushroom production will be well managed to ensure long term sustainability.
Following revelations about global warming and depleting natural resources, long-term sustainability has become a popular corporate concept.
Long-term sustainability, at its most basic level, implies that a firm will increase its prospects of existence in the future by making sure that resources employed by the business are properly managed and maintained.
The vast majority of business chief executive officers (CEOs) agree that long-term sustainability is a key component of long-term success, according to a 2010 United Nations research.
When one takes into account how the resources of one business can impact the resources of another, long-term sustainability becomes more complicated. As the mushroom is only in one place and is important so it will be managed well so that future generations can value it.
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Mega Corp. hired permanent replacement workers when its union went out on strike seeking better medical and retirement benefits. After the strike is over, Mega Corp.
a. must give the striking employees their jobs back since this was an economic strike.
b. must give the striking employees their jobs back since this was an unfair labor practices strike.
c. may hire additional workers without considering the striking employees who want their jobs back.
d. does not have to give the striking employees their jobs back since this was an economic strike.
Option c is correct. After the strike is over, Mega Corp may hire additional workers without considering the striking employees who want their jobs back.
A strike for better pay or benefits is referred to as an economic action. An employer may bring on permanent replacement staff during a strike. The employer is under no duty to fire the replacement staff after the strike is over in order to create way for the strikers.
Replacement employees are those hired to take the place of union members who are on strike or locked out as a result of a labor dispute.
Unfair labor practice strikers are workers who go on strike to protest an unfair labor practice that their employer has engaged in. Such strikers cannot be permanently replaced or released.
deciding against handling a dispute because a worker is not a union member. threatening a worker who filed a ULP claim. refusing to engage in sincere negotiations with an agency.
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break(s) down the return-on-equity into three components. a - asset management ratios b - profitability ratios c - the dupont identity d - market value ratios
The correct answer is DuPont Identity.
The DuPont identity break(s) down the return-on-equity (ROE) into three components, that is profit margin, total asset turnover, and financial leverage.
This expression has arisen and later been derived from the DuPont company that started using this idea way back in the 1920s. An explosives salesman in the company who went by the name Donald Brown used this method in an internal report in the year 1912.
It is calculated by multiplying the net profit margin by equity by the asset turnover.
DuPont Analysis = Net Profit Margin × Asset Turnover × Financial Leverage. Net Profit Margin = Revenue of a company x net income of a company.Asset Turnover (AT) = average total assets of a company x sales generated by the company.Learn more about DuPont Identity here brainly.com/question/14952801
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calistoga produce estimates bad debt expense at 0.30% of credit sales. the company reported accounts receivable and allowance for uncollectible accounts of $490,000 and $1,630, respectively, at december 31, 2023. during 2024, calistoga's credit sales and collections were $333,000 and $317,000, respectively, and $1,880 in accounts receivable were written off. calistoga's accounts receivable at december 31, 2024, are:
The expense for bad debts is included in the income statement. A cost thing diminishes the overall gain. The bad debts expense is calculated as a percentage of sales using the income statement approach.
Credit Sales 323,000 Bad Debt Rate 0.30% Bad Debts Expense 969 Accounts Written Off -1,850
Adjusted Allowance for Doubtful Accounts 659 Beginning Allowance for Doubtful Accounts 1,540
What Is an Inexcusable Debt Cost?When a customer is unable to meet their obligation to pay an outstanding debt as a result of bankruptcy or other financial issues, a receivable becomes a bad debt expense.
Is awful obligation cost a cost?On a company's income statement, bad debt costs are typically listed as operational costs. You will have a clearer picture of your accounts receivable balance, net income, and cash flow if you record uncollectible debts. This will help keep your books balanced.
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why is global segmentation, targeting, and positioning (stp) more complicated than domestic stp? (choose every correct answer.)
The global segmentation, targeting and positioning (STP) is more complicated than domestic STP because company has to adjust product and marketing strategies to meet the changing needs of global market.
What is segmentation, targeting and positioning (STP)?
STP marketing focuses on commercial effectiveness , selecting the most valuable segments for a business and the developing a marketing mix and product positioning strategy for each segment.
The STP model is useful when creating marketing communications plans since it helps marketers to prioritize propositions and then develop and deliver personalized and relevant messages to engage with different audiences.
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