A budget constraint: select one: shows different bundles of goods that all cost the same amount.
Every combination of goods and services that a consumer may purchase at the current market price within the parameters of his or her available money is referred to as a budget constraint in economics. Consumer theory looks into how consumers make decisions by using the concepts of a preference map and a budget restriction. For both concepts in the two-good situation, a ready-made graphical representation is available. Budget restrictions are placed on the customer because they are only able to spend what their income will permit. The phrase "soft budget constraints" is frequently used to refer to economies that are in transition. This idea was first proposed in 1979 by János Kornai. This was used to describe the "economic behavior in communist economies defined by lack."
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What is one way that cash flows from investing activities are the opposite of cash flows from financing activities?
A way which shows that cash flows from investing activities are the opposite of cash flows from financing activities is: cash flows from investing activities often reflect cash flows related to cash the company has loaned to others, whereas cash flows from financing activities often reflect cash flows related to cash the company has borrowed from others.
What are types of cash flow?There are three cash flow types which companies should track and analyze to check the liquidity and solvency of the business. Those are cash flow from operating activities, cash flow from investing activities and cash flow from financing activities. All three are included on a company's cash flow statement.
Cash flow from investing activities is a section of the cash flow statement which shows the cash generated or spent relating to investment activities. Investing activities consist of purchases of physical assets, investments in securities, or the sale of securities or assets.
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If total revenue increases when a firm sells more units, then marginal revenue is?
Marginal revenue and total revenue are positively correlated. Therefore, marginal revenue is positive when total revenue grows.
What relationship does marginal revenue have to overall revenue?Marginal revenue and total revenue are intimately related since it shows the extra money made by selling an extra unit. As long as the marginal income is greater than the marginal cost of producing a new unit, the overall revenue will continue to increase.
What happens to total revenue when marginal income is zero?If marginal revenue is zero, total revenue is unchanged. The total amount produced from selling all of the goods that companies produce is known as total revenue (TR). It is calculated as the total output quantity sold (Q) plus the output market price (P).
What happens to total revenue when marginal income is negative?Marginal revenue (MR), or the increase in total revenue, is attained by selling one more unit of the product. The additional revenue from the extra unit of output will likewise be negative if MR is negative, which will lead to a decrease in overall revenue.
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under the equal pay act, an employer can legitimately pay different wages to male and female employees on the basis of:________
Under the Equal Pay Act, employers can legally pay different wages to male and female workers based on: primary job responsibilities, seniority or salary system, factors other than gender.
Who fought for the Equal Pay Act of 1963?One of the leading activists in the fight for equal pay was Esther Peterson. In 1944, she became the first-ever lobbyist for the National Labor Relations Board, beginning her journey as a labor activist.
What is the purpose of the Equal Pay Act 1963?Equal pay legislation prohibits sex-based wage differences between men and women who perform work requiring substantially the same skill, training, effort and responsibility in the same workplace and under similar working conditions. All forms of remuneration are covered, including salaries, overtime, bonuses, life insurance, holiday and vacation benefits, cleaning or gas benefits, hotel accommodation, travel and benefits reimbursements.
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in the 1990s, why did studios begin joint ventures with multiple studios and/or production companies, showing all of their logos at the start of the film?
Studios shunned risk-taking in favour of surefire box office hits. Action movies dominated by men became the norm. Simple, formulaic parodies of well-known television programmes
What does the term "Studio" mean in business?The primary distinction between studios and other specialty businesses is that studios concentrate on particular services. However, studios outsource out a number of the project's components, such as writing, coding, video, or photography, as opposed to using the complete spectrum of services provided by agencies.
What exactly does a studio apartment mean?A studio apartment typically consists of one space with a private bathroom and is completely self-contained the word studios is from the Latin term studium, which comes from the verb studere, which means to zealously study.
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person analysis considers all of the following except: a. determining if training is necessary to ensure that employees can perform tasks effectively b. determining who needs training c. determining training methods d. determining if trainees are ready for training
A) Individual examination thinks about the accompanying with the exception of deciding whether preparing is all important to guarantee that representatives can perform errands successfully
An individual analysis aids in identifying employees who require training. Depending on the "pressure point," different people may require training. Additionally, this analysis aids in assessing employees' readiness for training. includes evaluating the characteristics of the individual, as well as input, output, consequences, and feedback.
What is a person analysis primarily used for?Person analysis is a stage of training needs analysis that focuses on determining which employees in an organization ought to receive training and what kind of training they ought to receive. Individuals who do not meet the desired performance standards or objectives are found through a person analysis.
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Suppose that two major U.S. insurance corporations negotiate a merger agreement so that a financial crisis is less likely to cause either firm to face bankruptcy.
Because a decrease in capital leads to a lower perceived value of insurers among potential insureds and investors, capital depletion influenced the drop in bankruptcy' share prices.
In conjunction with the overall economic slowdown, the drop in insurance demand. The all-powerful CEO (the duality factor and related Board independence issues), a weak system of management control, a focus on short-term performance goals , a weak code of capital, and opaque disclosures were the key, recurring structural factors. When Bank of America declared bankruptcy in 2008, it shook people's faith in banks so much that a new class of asset emerged that was not backed by any formal bank.
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the real value of marketing research to the organization can best be measured by a. how much it costs. b. improvements in the ability to make decisions. c. its immediate impact on profits. d. the amount of time spent. e. the increase in sales volume or market share.
the real value of marketing research to the organization can best be measured by improvements in the ability to make decisions.
" Marketing research is the methodical and objective hunt for, and analysis of, information applicable to the identification and arrangement of any issue in the field of marketing."
The catchphrases in this description are; methodical , thing and analysis. Marketing research looks to set about its task in a methodical and objective fashion. This means that a detailed and precisely planned exploration plan is created in which each stage of the exploration is determined. Such a exploration plan is conceivably viewed as acceptable on the off chance that it determines the exploration issue in compact and exact terms, the information necessary to address the issue, the strategies to be employed in gathering the information and the logical procedures to be employed to decrypt it.
Maintaining neutrality in marketing research is essential assuming marketing operation is to have acceptable trust in its issues to be prepared to take dangerous choices grounded upon those issues. To this end, as far as conceivable, marketing experimenters use the logical fashion. The characteristics of the logical fashion are that it translates particular impulses, studies and conclusions into unambiguous suggestions( or enterprises). These are tried empirically. At the same time indispensable explanations of the event or marvels of interest are given equal consideration.
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whitney is a 25% partner in the wrw partnership. on january 1, wrw distributes $80,000 cash to whitney. wrw has no hot assets or liabilities at the date of the distribution. whitney's basis in wrw is $56,000. what is the amount and character of whitney's gain or loss from the distribution?
An amount of $24,000 is the capital gain of Whitney from the distribution as given in the conditions described above.
A capital gain can be referred to or considered as an appreciation or increase in the amount of original capital invested by an individual. The capital gain of Whitney can be computed using the information provided above, as follows,
Capital Gain = Cash Distributed – Basis
Capital Gain = 80000 – 56000
Capital Gain = 24000
Therefore, the capital gain amounts to $24,000 for the above condition.
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Deep earth extraction inc. operates a facility near estuary bay. discharging waste from the facility into the bay can result in:_______.
a. penalties and damages.
b. penalties only.
c. damages only.
d. none of the choices.
Discharging waste from the facility into the bay can result in a. penalties and damages.
Many companies are known to discharge their wastes in an estuary bay. Such companies are subjected to heavy penalties by the government and also as there are aquatic organisms in a bay, the toxic compounds from the water can cause damaging results to the bay ecosystem.
Hence, companies such as Deep earth extraction inc, they discharge waste in the bay, and there are penalties and damages that they have to afford due to the risk they had caused to the bay. All companies should make sure to have a proper disposal system where other life forms and the earth is not damaged by the toxic wastes.
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What are the 3 types of bank accounts?
The majority of bank account types, including savings accounts, current accounts, and bundled accounts, can be opened as joint accounts.
A savings bank account is a type of deposit account that can be held by a bank, building society, or other financial institution. You can make one-time or monthly deposits into your savings account, and you will earn interest on the remaining balance. A joint account is a mechanism for two or more individuals to share a bank account; typically, this would be you and your partner or other people you live with. If you and your partner share expenses like rent, utilities, or mortgage payments, a joint current account may be a simple method for you to handle your money together.
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which of the following best describes the crowding-out effect? group of answer choices an increase in government expenditures will cause taxes to rise, which will reduce both aggregate demand and output. an increase in borrowing by the government will push interest rates upward, which will lead to a reduction in private spending. an increase in borrowing by the government will decrease the money supply and, thereby, reduce aggregate demand. an increase in government expenditures will cause the general level of prices to fall and, thereby, reduce aggregate demand and output.
An increase in borrowing by the government will push interest rates upward, which will lead to a reduction in private spending is the best description for crowding-out effect.
A macroeconomic strategy known as fiscal policy involves using either taxation or government expenditure to alter the level of economic output. A crowding-out effect results from a large budget deficit. A large budget deficit increases public authority borrowing, which reduces the amount of money available to private firms. Due to the lack of available capital, interest rates are high, which reduces the amount of investment made into the economy. As a result, an economic slowdown develops in the economy. This phrase refers to the possibility that higher interest rates could result from government borrowing. In order to encourage people to purchase its bonds, the government may need to raise interest rates if it wants to sell more securities.
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an agency relationship can arise by ratification, which involves a determination of intent expressed by words or conduct. t or f
An agency relationship can arise by ratification, which involves a determination of intent expressed by words or conduct. [TRUE]
About ratificationAlong with the increasing relations between countries, international cooperation as outlined in various forms of international agreements is also increasing.
An international agreement is an agreement, in a certain form and name, which is regulated in international law which is made in writing and gives rise to rights and obligations in the field of public law. One way that can be chosen by the state in expressing its agreement to be bound by international agreements is ratification.
What is ratificationRatification is a form of ratification of an international agreement in which the ratifying country also signs the text of the agreement. Ratification can also be referred to as the approval process for countries to be bound by international agreements, both at the national and international levels. International law experts, Oppenheim said, the function of ratification is to make the agreement binding. Meanwhile, Kaczorowska views ratification as a formal action by the state to accept the substance of an international agreement and implement it.
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what term is used to refer to a work environment in which temporary positions are common and organizations contract with independent workers for short-term engagements?
Gig economy term is used to refer to a work environment in which temporary positions are common and organizations contract with independent workers for short-term engagements.
What is gig economy?
A gig economy is a form of free market where businesses frequently use independent contractors for brief assignments and temporary roles are popular. A task that lasts for a set amount of time is referred to as a "gig" in colloquial language. The phrase has historically been used by musicians to describe a performance engagement.
Who profit from the gig economy?
Gig labour offers employers access to qualified people at a time when finding full-time staff is becoming more difficult. Gig workers, also known as contingent or contract employees, gain access to new options and flexibility that may not have been previously available.
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If one firm operating in an oligopoly raises its price and other firms do not do so?a. the sales of the firm with the higher price will decline slightly.b. the egos of all the top executives will eventually lead to cooperation at that higher price.c. the sales of the firm that increased its price will decline sharply.d. the firm with the increased price will have its higher profits sustained through cooperation.
In an oligopoly, if one firm raises its price and the other firms do not, the higher-priced firm will see a tiny reduction in sales.
What are examples of oligopoly?Oligopolies has been present throughout history in a wide range of sectors, including the production of steel, oil, railroads, tires, grocery store chains, and wireless carriers. Both pharmaceutical or aviation industries also have oligopoly structures.
Why is it called oligopoly?The term "oligopoly" describes an area of the economy where only a few companies are active. No single company has a significant amount of market power in an oligopoly. As both a result, no company may raise prices above what would be the case in a world of perfect competition.
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The statement of cash flows is designed for all of the following purposes except
A.to predict future cash flows.
B.to list all revenues and expenses.
C.to provide information about cash receipts and cash payments during a period.
D.to determine a company's ability to pay dividends and interest.
The statement of cash flows is designed for all of the following purposes except to list all revenues and expenses.
What is meant by cash flows?
In economics, cash flows refers the net amount of cash and cash equivalents being transferred in and out of a company.
Here we need to find the statement of cash flows is designed for all of the following purposes except.
Here in this given question, we will determine which of the following statements is the exception.
By looking into the given options, A.) These activities are reported in the income statement of the company and not in the cash flow.
Therefore, this is not included in the designed purpose of the statement of cash flows.
So, the correct option is (A).
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In the better business bureau settled of complaints they received in the united states. Suppose you have been hired by the better business bureau to investigate the complaints they received this year involving new car dealers. You plan to select a sample of new car dealer complaints to estimate the proportion of complaints the better business bureau is able to settle. Assume the population proportion of complaints settled for new car dealers is , the same as the overall proportion of complaints settled in. Use the z-table. A. Suppose you select a sample of complaints involving new car dealers. Show the sampling distribution of.
For the first part, the probability that the sample proportion will be within 0.04 of the population proportion is 0.9076.
The probability of an event is a measure of the likelihood that it will occur. It is expressed as a number between 0 and 1, where, conventionally, 0 indicates impossibility and 1 indicates certainty. The higher the probability of an event, the more likely it is that the event will occur.
For the second part, the probability that the sample proportion will be within 0.04 of the population proportion is 0.9864.
As measured by the increase in probability, taking the larger sample in part (d) gains 0.0788 in precision.
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Complete question
damelund19
10/11/2022
Mathematics
College
answered • expert verified
In 2016 the Better Business Bureau settled 80% of complaints they received in the United States. Suppose you have been hired by the Better Business Bureau to investigate the complaints they received this year involving new car dealers. You plan to select a sample of new car dealer complaints to estimate the proportion of complaints the Better Business Bureau is able to settle. Assume the population proportion of complaints settled for new car dealers is 0.80, the same as the overall proportion of complaints settled in 2016.In 2016 the Better Business Bureau settled 80% of complaints they received in the United States. Suppose you have been hired by the Better Business Bureau to investigate the complaints they received this year involving new car dealers. You plan to select a sample of new car dealer complaints to estimate the proportion of complaints the Better Business Bureau is able to settle. Assume the population proportion of complaints settled for new car dealers is 0.80, the same as the overall proportion of complaints settled in 2016.
the public wants to hold some of its wealth as____to make purchases with it and to hold it as an asset.
The public wants to hold some of its wealth as cash to make purchases with it and to hold it as an asset.
What is an asset?Any resource that a company or other economic organization owns or controls is considered an asset in financial accounting. Anything that has the potential to provide positive economic value qualifies. Assets indicate ownership value that may be sold for money.
In essence, assets for businesses are any things that are under the company's control and ownership and are either currently valuable or have the potential to be profitable in the future. Examples include investments, equipment, and patents.
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Answer:
wealth as cash t
Explanation:
with respect to expanding opportunities for ict environmental contributions, what term is associated with the issues such as leed certified buildings, smart motors, and industrial robots?
With respect to expanding opportunities for ICT environmental contributions, the term Green Growth is associated with the issues such as lead certified buildings, smart motors, and industrial robots.
Any machine that can be programmed by a computer and is capable of automatically performing a series of complex tasks is called a robot. The robot can be controlled by an internal control system or by an external control device. Robots can be made to look like humans, but most of them are mission-powered devices created with a focus on stern utility rather than emotional aesthetics.
Robots can be self-propelled or semi-autonomous and can be anything from a humanoid robot like Honda's new Advanced Mobility Step (ASIMO) or TOSY Table Tennis Robot (TOPIO) ) from TOSY to industrial robots, medical surgical robots, patient assistance robots and canine therapy robot.
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generally, retailers with high margins and high levels of customer service place more emphasis on which type of salesperson?
Those who have low customer service standards and low margins frequently place an emphasis on taking orders.
Retailers that focus on the offer of shopping products need their sales reps to both get and take orders.
The role of the salesperson is to take orders in retail lines that sell primarily convenience products.
It is generally true that retailers with high customer service standards and high margins place a greater emphasis on order fulfillment; Those who have low customer service standards and low margins frequently place an emphasis on taking orders.
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compared with autarky, international trade leads to _____ domestic production in exporting industries and _____ domestic production in import-competing industries.
Compared with autarky, international trade leads to import domestic production in exporting industries and competing for domestic production in import-competing industries.
An industry is a group of companies related to each other by their main activities. There are dozens of industry classifications in the modern economy. Industry classifications are usually grouped into larger categories called sectors. Industries are generally classified according to the goods and services they produce. For example, the pizza industry consists of all manufacturers who produce and sell pizza in the market.
It is important to note that pizza makers must sell the products they produce in the market in order to be part of the pizza industry. In the economy, industries are generally divided into primary, secondary and tertiary. Secondary industries are further classified into heavy and light industries. The IT industry is a broad and broad term that encompasses many information technology-oriented organizations. If you think about it, no organization (business, government or non-profit) can survive without IT.
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how do you think being aware of the various biases we have can empower us to make better decisions around money?
We can strengthen our ability to make wiser financial judgments by looking for information that goes against our views.
How might recognize cognitive biases aid people in making wiser decisions?Learning about biases can help you spot them in yourself and, once you do, find ways to overcome them. Question. Consider delaying your decision-making if you know you could be biased in a given situation and increasing the number of trustworthy sources you consult.
Why is it crucial to understand the many kinds of cognitive biases?Some social psychologists claim that cognitive biases can speed up our information processing, particularly in risky situations. They can, however, also cause us to make regrettable errors. Biases in UX research have the potential to distort the results and eventually influence project decision-making at any level.
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what does an organization require in order to use ai to identify patterns that are useful for decision making?
An organization requires a neutral network to use artificial intelligence(AI) to identify patterns that are useful for decision making.
What is artificial intelligence?The simulation of human intelligence processes by machines, particularly computer systems, is known as artificial intelligence. Expert systems, natural language processing, speech recognition, and machine vision are examples of AI applications.
Neural networks mimic human brain behavior, allowing computer programs to recognize patterns and solve common problems in AI, machine learning, and deep learning.
By leveraging datasets with AI, businesses and companies can make faster, more accurate, and consistent decisions. Large datasets can be analysed by artificial intelligence without error. This allows business teams to focus more on work that is relevant to their field.
Therefore, the artificial intelligence is useful in decision making.
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The amount of goods and services you can buy with a dollar in the global market ______.
The amount of goods and services you can buy with a dollar in the global market increases with a rising dollar value. The worth of a currency is determined by how many goods or services one unit of that currency can be used to purchase.
Inflation may cause purchasing power to deteriorate over time. This is due to the fact that you may acquire fewer items or services as a result of increased pricing. A currency's buying power is another name for its purchasing power.
The amount that can be purchased with a given currency decreases due to inflation. Prices rise as a result of a loss of purchasing power. You might evaluate the cost of a product or service against a price index, such as the Consumer Price Index, to determine buying power in the conventional economic sense (CPI).
Serious economic repercussions may result when a currency's buying power declines as a result of excessive inflation. These can include rising living expenses, increasing interest rates that have an impact on the world economy, and declining credit scores. An economic crisis may be influenced by any one of these variables.
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the main characteristics of a pure___are a single seller, no close substitutes, a price maker, blocked entry, and non-price competition.
A full monopoly, Correct Unavailable is characterized by a single seller, the absence of near substitutes, a price maker, barred entrance, and non-price competition.
Which market called price maker?There are no competitors in a market that is monopolistic. The monopolist, also known as the price maker, is able to set the price in the market due to the absence of close replacements and competitors. A seller who has sufficient pricing and market clout to affect market prices is said to be a price maker. In such a scenario, a company's capacity to successfully alter product and service prices determines its market and pricing power.
What is price maker in monopoly and why is perfect competition a price maker?A monopolist is seen as a price maker since it has the power to determine the cost of the goods it sells. Demand, often known as consumer willingness & ability to buy the commodity, places restrictions on the monopolist.
Because competing firms pressure companies to accept the market's current equilibrium price, a perfect competition firm is referred to as a price taker. A company will lose every one of its sales to rivals if it increases the price of its item by even a penny in a highly competitive market.
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lamont works for a company in downtown chicago. the company encourages employees to use public transportation (to save the environment) by providing them with transit passes at a cost of $285 per month.required:if lamont receives one pass (worth $285) each month, how much of this benefit must he include in his gross income each year?if the company provides each employee with $285 per month in parking benefits, how much of the parking benefit must lamont include in his gross income each year?
The amount of this benefit that he would have to include in his income would be given as 60 dollars
if the company provides each employee with $285 per month in parking benefits, the amount of parking benefit must Lamont include in his gross income each year ia 60 dollars
How to solve for the amount in the gross incomeGross income is the total of all incomes, salaries, profits, interest payments, rents, and other kinds of income for families and people before any deductions or taxes. It contrasts with net income, which is the gross income less any applicable taxes and other deductions.
We have 12 months in every given year. The slab rate for the year is 280
Hence we would have 285 - 280 * 12
= 5 * 12
= 60
The benefit must he include in his gross income each year is given as 60 dollars.
2. Similarly the solution would be the same as what we have above because the values are the same.
the parking benefit would be given as 60 dollars as well.
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how is inflation impacted by budget deficits in many low and middle income countries that experience price instability?
A large budget deficit is seen to be one of the causes of many developing nations' subpar economic performance.
What is budget deficit ?Spending overflows income, creating a budget deficit. Although people, businesses, and other organisations can have deficits, the phrase "deficit" only refers to governments. A deficit has to be covered. Debt is created if it isn't. Where there is a negative difference between revenue and spending, there is a budget deficit. When spending outweigh revenues, a deficit budget is said to have occurred, and it is a sign of sound financial health. Total Government Expenditures minus Total Government Income equals the Budget Deficit. The entire revenue received by the government consists of corporate taxes, personal taxes, stamp fees, etc. When a country's expenses surpass its income, a budget deficit results.To learn more about Budget defict refer to:
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the ending retained earnings balance of lambert inc. increased by $2.2 million from the beginning of the year. the company's net income earned during the year is $6.6 million. what is the amount of dividends lambert inc. declared and paid?
Lambert Inc. announced and paid dividends of $5.2 million. The remaining retained earnings till the very end represent: Net earnings less all owner expenditures over the course of the business
ending internal funds = starting interest income + total assets generated - reward paid.
Listed;
The conclusion Since the starting of the year, Lambert Inc.'s retained earnings amount has climbed by $2.6 million. The company's net income for the year was $7.8 million.
Since the starting of the year, Lambert Inc.'s retained earnings amount has climbed by $2.6 million. The company's net income for the year was $7.8 million.
Therefore,
Dividend paid is $2.6 million minus $7.8 million.
= $5,2,000,000
Lambert Inc. announced and payed $5.2 million in dividends.
The retained earnings balance is reduced by the dividend account. It does not appear on the balance sheet under stockholders' property.
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How do you serve food and beverages to customers?
Always serve from the right side of the guest, remove the food cover with your right hand and place it in front of them. It is the best way to serve food and beverages.
A drink or beverage is a liquid that is meant to be consumed by people. In addition to serving the simple purpose of quenching thirst, beverages are significant parts of human civilization. Drinks that are frequently consumed include simple water, milk, juice, smoothies, and soft drinks. Coffee, tea, and hot chocolate are among the traditional warm drinks. Caffeinated beverages with caffeine, a stimulant, have a long history.
Additionally, alcohol-containing beverages like wine, beer, and liquor have been a part of human society for more than 8,000 years. These beverages include the drug ethanol. Drinks that would often include alcohol, such beer, wine, and cocktails, are frequently referred to as non-alcoholic drinks because they have a suitably low percentage of alcohol in them.
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audra, a salesperson for a textbook publisher, already has an established relationship with her customers at the local university. the step in the personal selling process that she is most likely to skip when she calls on them is
When she calls them, she is more likely to skip the step in the direct marketing procedure known "Generate and qualify leads."
Evaluating prospective consumers is risky and might even be against the law in an e - commerce context.
Manufacturer's reps were salesperson whose represent an operator's goods underneath a production process which aren't the company's personnel.
Relationship marketing is a business methodology & philosophy that focuses attention on sustaining lengthy client relationships and participating in chances that indirectly contribute.
Lead qualification comprises analyzing any range of suggested consumers and determining whether or not they are likely to make a transaction.
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how has the sarbanes-oxley act improved the accuracy and reliability of corporate financial disclosures
Data manipulation is prevented because of the Sarbanes-Oxley Act.
With the goal of regaining investor confidence through increased openness and stronger reporting standards, the Sarbanes-Oxley Act established new, higher standards for public accounting firms and corporate management alike.
By establishing new auditor criteria and shifting accountability for the thorough and accurate management of financial reports, the legislation imposed new regulations for corporations.
The statute prescribes higher penalties for violators in order to deter fraud and the theft of company assets.
The Sarbanes-Oxley Act's advantages include:
Preventing data manipulation
Ensuring prompt reporting of financial changes
Establish efficient data and financial controls
Encourage firms to be more transparent
Demand ongoing examination of the reliability and security of corporate financial safeguards.
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