The revenue from sales of finished goods a. Cannot be determined from the information provided.
Revenue is the amount of money a company receives in exchange for its goods and services, or, put another way, the cost a customer pays for a company's goods or services.
The revenue of a corporation is often shown as revenue, sales, net sales, or net revenue on the first line of the income statement.
Calculating revenue is as simple as multiplying the total number of units sold by the selling price.
We are unable to determine the revenue for Mayonnaise Manufacturing Co. because neither the price nor the number of units sold are provided. Revenue could be estimated if the gross profit and the cost of products sold were also accessible, but neither are.
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An Employer may rightfully discharge an employee who files a complaint or who in good faith) refuses to work in a high-risk area if bodily harm or death might result. True False
An employer may rightfully discharge an employee who files a complaint - False
In any organization, an employee has the right to complain if they have any problems or issues at work. Such a complaint should be taken into account, and the employer should identify as to what is the underlying issue. On a case-by-case basis, decisions may be made. It is the obligation of every organization to hear their employees and provide a resolution for their issues.
An employee who, in good faith, declines to work in a hazardous environment where there is a possibility of bodily harm or death cannot be fired or discharged by the employer. It can become a special case according to contract theory. If an employee is fired soon after being hired with the promise of long-term employment, the employer may be held liable for fraud.
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which organizational theory stresses the importance of designing machines and work procedures that are consistent with employee
The Sociotechnical theory stresses the importance of designing machines and work procedures that are consistent with employee. It refers to human behavior and technology in the workplace of the organization.
What is Sociotechnical theory?The development approach used a work in an organization with a complex design refers to a socio-technical approach. This approach deals with the interaction that takes place between technology and the employees of the organization.
Sociotechnical culture refers to a system under which an organization tries to combines its software, hardware, personal and social aspects of its operations to work in a more efficient and effective manner.
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Banks use deposits to make consumer loans to households and commercial loans to businesses. banks will loan out every penny of their deposits in order to make a profit.
a. True
b. false
This assertion is untrue. Banks are required to keep a portion of their deposits in cash in a vault or with the Federal Reserve.
Do banks have to keep all of the deposits in their vaults?Bank reserves are the amount of money kept in safes by banks and make up a relatively modest part of all deposits. Most countries have tight laws requiring banks to follow them and hold back a minimum amount of each deposit in case a client seeks a withdrawal. This is the minimum percentage that is required for reserves.
The minimum amount of cash that each bank must hold is determined by the reserve ratio, which is controlled by the US Federal Reserve. Historically, the reserve rate of bank deposits has ranged between 0% and 10%. The term "bank reserve" refers to the basic minimum of cash that banks are required to have on hand in case of unforeseen demand.
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What are the three reasons why profit is important to a business?
The three reasons that why profit is important to a business.
The profit to a business is the money you have left after paying for business expenses. There are three main types of profit are gross profit, operating and net profit. Gross profit is biggest. It shows what money was left after paying for the goods and services sold.
The three reasons of profit to a business are -
1. They provide a measure of success of a business which is important for new businesses.
2. They are the best source of finance/capital to invest in expanding the business.
3. They attract further new funds from investors enticed by the possibility of high returns on their investment.
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The quantity of labor demanded in an imperfectly competitive factor market is determined by the intersection of which two curves?
The amount of labor needed in a market with imperfect competition is determined by the interaction of the marginal revenue product curve and the marginal factor cost curve.
The marginal revenue product of the labor curve and the demand curve for labor is identical. The product price of iPods multiplied by the extra production generated by iPod employees equals the marginal revenue product of iPods. As a result, if iPod prices increase, the demand for iPod employees will move to the right.
The supply curve will move to the right when there are more employees. There may be more workers as a result of a variety of circumstances, including immigration, population growth, aging, and shifting demographics.
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professor patty is very distraught that three students in her class cannot afford to buy the 42- chapter book for the course. the book is used for two semesters, although not all students take the second semester. she finally tells the three students that she will make copies of the first 21 chapters for them, at no charge. professor patty makes the copies and gives each chapter to the students prior to her coverage of the relevant chapter in class. if professor patty is sued for copyright infringement
Patty makes copies and gives to students before working in class. When Professor Patty was sued for copyright infringement, she lost because she copied entire sections and substantial portions of the book.
What does copyright infringement mean?Copyright infringement occurs when an infringer exercises without permission one of the author's exclusive rights in the work. This includes any kind of distribution (for sale, broadcast, performance), manipulation, or other reproduction of the work.
Copyright infringement example: Including Maya Angelou's entire poem in a published work without her permission.
What are 10 things that can be copyrighted?Things that can be of copyrighted include: Novel. Photo. Movie. Painting. Song lyrics. Sound recording.
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umpqua defines other financial institutions that perform banking services as their competitors. therefore they take a/an ___________ of its competition.
Other financial organizations that offer banking services are referred to be competitors by Umpqua. so they choose one or more Credit Unions from its rivals.
What types of financial institutions are specialized?Specifically defined by legislation, specialised financial institutions include the government housing bank, bank for agriculture and agricultural cooperatives, and government savings bank.
offers a wide range of financial services and is the biggest kind of financial institution?Banks provide a wide range of services to both lenders and borrowers. They make up the majority of financial institutions in the country. lend to clients at a larger risk than banks or credit unions.
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sawyer has dreamed of setting up a graphic design company since he was in college. he always knew he wanted to work from home and he now had several leads for prospective customers. he also knew how much money he needed to make to cover his expenses. he had several ways to approach his new business including working by himself or taking on a partner. both ways needed more thought to determine what each would involve. in terms of the rational decision-making model, sawyer is now executing which step?
Since working by himself or taking on a partner needed more thought to determine what each would involve. In terms of the rational decision-making model, sawyer is now executing this step: developing alternatives.
What is the decision making process?In Psychology, the decision making process can be defined as a cognitive process that involves gathering or obtaining information, analyzing them, and then evaluating alternatives, so as to enable the proper selection of an optimum solution (choice) to a particular problem.
What is a rational decision making?A rational decision making can be defined as a method which involves taking emotion out of the decision making process while strictly adhering to and applying logical, data-driven steps in order to work towards proffering a solution to a particular (specific) problem.
In this context, we can reasonably infer and logically deduce that Sawyer is developing alternatives on how best to approach his new business based on the rational decision making model.
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a usually bulleted list of the significant conditions and circumstances associated with a proposed business arrangement is called a .
Usually bulleted list of the significant conditions and circumstances associated with a proposed business arrangement is called as Term sheet
What is term sheet?
A term sheet is a non-binding document that outlines the fundamental terms and conditions of a transaction.Term sheets are typically connected to startups. Entrepreneurs believe that this document is essential for drawing in investors, such venture capitalists (VC), who have the funds to finance businesses.Among the details that should be specified in the term sheet are the firm value, investment size, stake percentage, right to vote, preferred stock, anti-dilutive measures, and shareholder commitment.Term sheets are also used for long-term debt, mergers, and acquisitions.Term sheets are not legally enforceable, but they frequently call for an upfront good faith deposit or some other kind of proof that both parties intend to abide by the terms of a fully inked agreement.To learn more about proposed business refer to:
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in december 2019, u.s. debt held by the public was approximately $17 trillion, intragovernmental debt was approximately $6 trillion, and the total public debt was approximately $23 trillion. what was the net government debt?
The GDP of 100% is government debt. The debt-to-GDP ratio is a method that compares a rustic's general debt to its financial productivity. To get the debt-to-GDP ratio, divide a nation's debt via way of means of its gross home product.
Given :
Debt held by the public - $17 trillionIntra Governmental Debt - $6 trillionTherefore, GDP will be Debt held by the public + Intra Governmental Debt
that is $17 trillion plus $6 trillion which equals to $23 trillion.
Now, the net % government debt will be ($23 trillion / $23 trillion)*100 which is equals to 100%.
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manufacturing/production strategies often have the same names as strategies with which they are closely coupled. question 27 options: a) fulfillment b) sales and marketing c) procurement d) supply chain
The correct answer is d) Supply chain
A manufacturing/production strategy is a plan of action taken by a business to increase the efficiency and productivity of its manufacturing operations.
It includes decisions about the resources, technology, equipment, and processes that are used to create the products.
It also includes decisions about the locations of production, the layout of the production facilities, and the methods used to manage labour and materials.
It is closely coupled to the company's overall business strategy, which includes decisions about sales and marketing, procurement, and supply chain.
Supply chain is the process of managing the flow of goods and services from the point of origin to the point of consumption.
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T/F: Training and incentives are the keys to the successful acceptance and implementation of policies and procedures governing waste and error prevention.
Training and incentives are the keys to the successful acceptance and implementation of policies and procedures governing waste and error prevention. FALSE
What is a policy implementation?Policy implementation is commonly defined as a group of activities undertaken by government and other non-governmental bodies or agencies to attain the goals and objectives articulated in policy statements. For examples, leadership, communication and feedback mechanisms. Leadership is needed at all levels of the system for policy implementation.
Therefore, the correct answer is as given above. It can then be concluded that training and incentives are the most important factors to the successful acceptance and implementation of policies and procedures governing waste and error prevention.
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jones group has been generating stable after-tax return on equity (roe) despite declin- ing operating income. explain how it might be able to maintain its stable after-tax roe.
The ROE (Return on Equity) is a function of net profit and equity; if the value of equity drops correspondingly, it is feasible to maintain a steady ROE even while net profit declines.
What is meant by Return on Equity ?The return on equity is a metric used to determine how profitable a company is in comparison to its equity. ROE may also be viewed as a return on assets less liabilities because shareholder's equity can be computed by adding up all assets and deducting all liabilities.The ratio of a company's net income to the equity of its shareholders is known as return on equity (ROE). A company's profitability and the effectiveness of its revenue generation are measured by its return on equity (ROE). A corporation is better at turning its equity funding into profits the higher the ROE.ROE = (Earnings before tax/Sales) x (Sales/Assets) x (Assets/Equity) x (1 - Tax Rate)Learn more about Return on Equity refer to :
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people migrate for many reasons, including to take advantage of economic opportunities. what term describes this kind of reason to migrate?
People relocate for a variety of reasons, including to seize business opportunities. This sort of migration motivation is referred to as a pull.
The new location can be considerably farther away in a different city or country, or it could be in the same neighborhood. It typically include packing up everything, moving into the new place, unpacking, and administrative or bureaucratic duties including updating registration information. An expatriate is a person who relocates either temporarily or permanently to a nation other than their own. The person moving would be seen as an immigrant in their new nation. Although additional changes on the scale frequently result from moving, making the "change of home" activity on the Holmes and Rahe stress scale for adults distressing, it is only given 20 points.
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quality control activities generally include all of the following except: a. reviews. b. testing. c. prototyping. d. inspection.
The correct answer to the given question about the exception of quality control activities is option c) Prototyping.
A company that wants to maintain or raise the quality of its products uses a method called quality control (QC). Setting up a culture where management and staff strive for excellence is necessary for quality control. Creating benchmarks for product quality, training staff, and testing goods to look for statistically significant deviations are all ways of achieving this.
The creation of clear controls is an important component. Both production and responses to quality problems are helped by these controls. Keeping space for mistake to a minimum and identifying which production tasks should be carried out by which employees decreases the likelihood that workers will be assigned to jobs for which they are not properly qualified.
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bigtown inc. will pay a dividend of $1.50 next year. the stock price is $13.39 currently, with a beta of 0.9. the market risk premium is 8% and the risk-free rate is 6%. what will the price of bigtown's stock be if the dividend growth rate doubles? multiple choice question. $14.96 $17.25 $12.87 $16.30
16.30 will the price of bigtown's stock be if the dividend growth rate doubles if the stock price is $13.39 currently, with a beta of 0.9.
r=6%+0.9*8%=13.20%
r=(D1/P)+g\s13.20%=(1.50/13.39)
+g\sg=13.20%-(1.50/13.39)
g=2% once the growth rate has doubled, and g=4 thereafter. The stock price is D1/(r-g)=1.50/(13.20%-4%).
=16.30
A stock, often known as equity, is a financial instrument that indicates ownership of a share of the issuing corporation. In accordance with the number of shares they own, owners of shares, which are units of stock, are entitled to a portion of the company's assets and revenue.
Stocks are typically bought and sold on stock exchanges, where they form the core of the portfolios of many individual investors. When trading stocks, one must abide by laws designed to protect investors from deceptive practices.
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The board of directors authorizes a cash or distribution of cash to its investors.
a. True
b. False
The board of directors authorizes a payout or distribution of cash to its stockholders. It is commonly referred as a dividend. The statement is true.
A dividend is a payment made to shareholders in exchange for their investment in a company's stock, and it is generally derived from the company's net earnings. Though profits can be maintained by the firm and utilized for continuing and future business operations, the balance can be distributed to shareholders as a dividend.
Companies may continue to pay dividends even if their profits are insufficient to sustain their established track record of payouts. The board of directors has the authority to declare dividends over a variety of time periods and at varied payout rates.
Dividends can be paid at regular intervals such as monthly, quarterly, or yearly. Walmart Inc. (WMT) and Unilever (UL), for example, pay quarterly dividends.
Dividend payments have an influence on share price, and the price may climb by roughly the amount of the dividend paid on the announcement, only to decrease by a corresponding amount at the opening session of the ex-dividend day.
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eatures of job order production include all of the following except: a) diversity of products produced. b) mass production. c) heterogeneity. d) customization. e) separate manufacturing from other products.
Features of job order production include all of the following except mass production.
In work order production, a contract manufacturer takes over the production for a retail or wholesale business, which then markets the goods under its own brand name.
Managers can allow staff to do tasks by writing them down on a work order. Work orders often referred to as job orders or service orders, are frequently employed to oversee maintenance activities in a variety of sectors. As a result of completed inspections or audits, they can also be utilized for follow-up activities.
Job order costing is a method used by enterprises in the white-collar sector of the economy, such as law firms, accounting firms, and private investment firms, to handle specific client accounts.
Hence the correct option is B
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2. assuming the airplane brakes can be sold for $58, what is the financial advantage (disadvantage) for the company as a whole (on a per unit basis) if the electrical division supplies fittings to the brake division?3. in principle, within what range would the transfer price lie?
The outsourcing process of the company will be exempted if the electrical division supplies fittings to the brake division. A transfer price is the cost of a good or service that one division of a business charges another division of the same business.
The practice of employing a third party from outside a business to carry out tasks or produce commodities that were previously completed in-house by the business's own employees and personnel is known as outsourcing.
The price at which related parties interact with one another, like when supplies or labor are traded between departments, is referred to as the transfer price or transfer cost. Transactions between a firm and its subsidiaries or between divisions of the same company in other nations may employ transfer prices.
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jk corporation sells 10,000 units each quarter. its current unit selling price is $18 and the contribution margin ratio is 0.3. next quarter the unit selling price will increase to $20, and jk will keep the same contribution margin ratio. the unit variable cost next quarter will
The unit variable cost next quarter will increase by $1.40 per unit.
The contribution margin ratio is the percentage difference between a company's sales and variable costs. An entity's total margin is a representation of the total income that can be used to pay for fixed expenditures and generate a profit.
Managers and business owners can track the profitability of their products with the help of this accounting term. The contribution margin is important to understand because it shows how much of a product's revenue is available to cover fixed costs and add to the company's profit.
A variable cost is a business expense that changes based on how much is produced or sold. Variable costs rise or fall in relation to a company's output or sales volume. They increase when production increases and decrease when production decreases.
The question is incomplete. The full question is as follows:
JK Corporation sells 10,000 units each quarter. Its current unit selling price is $18 and the contribution margin ratio is 0.3. Next quarter the unit selling price will increase to $20, and JK will keep the same contribution margin ratio. The unit variable cost next quarter will ________ by $1.40 per unit.
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motel corporation is analyzing a capital expenditure that will involve a cash outlay of $208,240. estimated cash flows are expected to be $40,000 annually for seven years. the present value factors for an annuity of $1 for seven years at interest of 6%, 8%, 10%, and 12% are 5.582, 5.206, 4.868, and 4.564, respectively. the internal rate of return for this investment is a.6% b.10% c.8% d.12%
The internal rate of return of 8% which provides an annuity factor of 5.206 generates an NPV equal to zero. Thus, our IRR or internal rate of return is 8% or option C.
What is internal rate of return?In financial analysis, the internal rate of return (IRR) is a statistic used to calculate the profitability of possible investments. The IRR is the rate at which the investment's Net Present Value (NPV) equals zero.
Using the annuity factors given, we need to find out the factor which makes the NPV zero. The NPV is calculated as,
NPV = Present Value of Cash Inflows - Initial Outlay
1. 6% rate (Annuity factor = 5.582)
NPV = (40000 * 5.582) - $208,240
= $15,040
2. 8% rate (Annuity factor = 5.206)
NPV = (40000 * 5.206) - $208,240
= $0
Since at 8% rate of return the NPV is Zero, we are not calculating the NPV at 10% and 12%.
Therefore, our Internal rate of return is 8% because from the above solution the rate of return of 8% generates an NPV zero.
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describe the difference between calculating marginal revenue product of labor with firms in perfect competition vs imperfect competition.
Resources would be divided fairly and equally among enterprises in a market with perfect competition, Imperfect competition arises when one of the conditions for fully competitive markets is not satisfied.
The government has no control over the participants in any given industry because the entry and exit in perfect market competition are not regulated.
In terms of their bottom lines, businesses often generate just enough profit to continue operating. No company is more successful than the next. That's because market dynamics force them to compete on an even playing field, eliminating any potential advantages one may have over another.
In reality, there is imperfect competition in every market. Customers might not be completely educated about the items and pricing, there is competition for market share, there are considerable barriers to entry, and there are prices that aren't established by supply and demand.
Imperfect competition can be seen in market structures including monopolies, oligopolies, monopolistic competition, monopsonies, and oligopsony.
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An employer can eliminate a worker’s medical, optical, or dental insurance coverage on the voluntary termination of the worker’s employment.a. True
b. False
It is a false statement that an employer can terminate an employee's health, eye, or dental insurance upon the employee's voluntary termination of employment.
Most typically, the phrase "voluntary termination" is used to refer to a situation in which an employee decides to leave their job of their own free will. When a person chooses to quit, their job with the company is willingly terminated.
This federal law precludes the cancellation of a worker's health, vision, or dental insurance when their employment is ended, whether voluntarily or involuntarily.
What is the difference between an employee and an employer?Employers rely on their employees to perform specific tasks to achieve business goals, keep the business running smoothly, and generate profits. An employee, on the other hand, is dependent on the payment of an agreed wage or salary by an employer to support herself and her family financially.
A person is self-employed if he runs his own business and is responsible for its success or failure. A self-employed person does not receive her PAYE payments and does not have the rights and obligations of an employee.
Are workers the same as employees?An individual's employment status depends on whether the contract:
It can be a service contract (employment relationship) or contract for the provision of an individual job (employee).
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Lisa bought stock three years ago and sold it today for a profit of $1,200. This is a _____. Tip dividend capital gain commission.
Lisa purchased shares a few years ago and now sold it for a $1,200 profit. We have such a capital gain here. Quarterly capital gain commission is tippable.
However much gain is exempt from taxes?Without indexation, the tax rate is 20%. Any gains from these are classified as short-term capital gains and subject to the corresponding tax slab rate if the holding period is shorter than 36 months. Bonds exempt from taxes: On the interest they receive from them, investors pay no taxes.
What are the capital gains regulations?Short-term capital gains are subject to ordinary income tax, which has a maximum rate of 37 percent, if sold within a year after purchase. Long-term investment.
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A rickshaw company counted 39 ticket receipts last week. The price for a weekday ticket is $7, and the price for a weekend ticket is $9. 50. The rickshaw driver collected a total of $333 for the week.
the system of equations represents the situation rickshaw company counted 39 ticket receipts last week. The price for a weekday ticket is $7, and the price for a weekend ticket is $9.50. The rickshaw driver collected a total of $333 for the week the system of equations represents the situation is y = - x + 39 and 14y = - 19x + 666.
The correct answer is D.
X represents the number of weekend tickets and the cost of all weekend tickets is:
9.5x
Y stands for weekdays, so the prices for all tickets on weekdays are: 7y
The company counted a total of 39 tickets.
x + y = 39
Isolating y:
The number of total tickets:
x + y = 39
y = - x + 39
The total cost:
7y + 9.5x = 333
7y = - 9.5x + 333
Turning the coefficients an integer:
2.7y = 2.(-9.5)x + 2.333
14y = - 19x + 666
The equations that represent the situation are:
y = - x + 39
14y = - 19x + 333
your question is incomplete but most probably your full question was
A rickshaw company counted 39 ticket receipts last week. The price for a weekday ticket is $7, and the price for a weekend ticket is $9.50. The rickshaw driver collected a total of $333 for the week. Let x represent the number of weekend tickets and y represent the number of weekday tickets. Which system of equations represents the situation
a) y = x + 39
14y = - 19x + 666
b) y = - x + 39
15y = - 19x + 666
c) y = - x + 39
15y = 19x + 666
d) y = - x + 39
14y = - 19x + 666
e) y = x + 39
7y = - 9x + 333
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light emitting diode (leds) light bulbs have become required in recent years, but do they make financial sense? suppose a typical 60-watt incandescent light bulb costs $.38 and lasts for 1,000 hours. a 15-watt led, which provides the same light, costs $3.05 and lasts for 12,000 hours. a kilowatt hour of electricity costs $.114. a kilowatt-hour is 1,000 watts for 1 hour. however, electricity costs actually vary quite a bit depending on location and user type. an industrial user in west virginia might pay $.04 per kilowatt-hour whereas a residential user in hawaii might pay $.25. you require a return of 9 percent and use a light fixture 500 hours per year. what is the break-even cost per kilowatt-hour? (do not round intermediate calculations and round your answer to 6 decimal places, e.g., 32.161616.)
The break-even cost per kilowatt-hour for a 9 percent return would be $0.179691.
This means that if the cost of electricity is less than this amount, then the LED light bulb would be the better choice financially, and if the cost of electricity is more than this amount, then the incandescent light bulb would be the better choice financially.
To calculate the break-even cost per kilowatt-hour, first calculate the total cost of the incandescent bulb over its lifetime:
Total cost of incandescent bulb = $0.38 x (500 hours/year) x (1000 hours/bulb) = $190
Next, calculate the total cost of the LED bulb over its lifetime: Total cost of LED bulb = $3.05 x (500 hours/year) x (12,000 hours/bulb) = $18,300
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the fundamental components of a systematic process to develop training are: a. needs assessment, design and delivery, and evaluation of training b. transfer of training, needs assessment, and organizational analysis c. needs assessment, delivery, and transfer of training d. organizational analysis, delivery and evaluation
The fundamental components of systematic process to develop training are transfer of training, needs assessment, and the organizational analysis.
What is organizational analysis?Organizational analysis, also known as industrial analysis, is the process of examining the growth, working environment, workforce, and functioning of a company or other sort of association. This evaluation may be carried out as part of a demonstration project, as part of the process of expanding a program, as part of routine operations, or frequently in response to a crisis. The focus of organizational analysis is on the layout and structure of the organization as well as how its capabilities, processes, and functions affect outputs. When determining how to increase efficiency, other internal and external elements are taken into account. Conducting an organizational analysis can be useful for determining an organization's existing capability and well-being as well as for choosing a course of action to increase its long-term sustainability.
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a project has a unit price of $29.99, a variable cost per unit of $9.06, fixed costs of $487,020, and depreciation expense of $38,009. tax rate is 30%. the project lasts 3 three years. there is an upfront capital investment of $114,027 but there is no need for working capital. cost of capital is 5%. what is the financial break-even quantity?
The financial break-even quantity is 25085 units.
What is the break-even quantity?The number of additional units that a company must sell to break even on a marketing campaign or other type of investment. The break-even point is reached when total costs and total revenues are equal, leaving your small business with no net gain or loss.
In other words, you've reached the point in production where the revenue from a product equals the cost of production.
Accounting break-even = (Fixed costs+Depreciation)/(Unit price-Variable cost)
= (487020+38009)/(29.99-9.06)
= 25085
The breakeven is 25085 units.
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when an area was rezoned as residential, a store was grandfathered in and allowed to continue business. this is an example of
When an area was rezoned as residential, a store was grandfathered in and allowed to continue business. This is an example of an amendment.
What do you mean by the amendment?A resolution that has been approved by a simple majority in both houses of parliament may be amended. The most adaptable elements of the constitution are created by it. By a simple majority of the members present and voting in both chambers, it may be changed or passed.
An amendment is a formally recognized alteration to a statute, agreement, charter, or other legal document. Its foundation is the verb amend, which means to improve. Parts of these agreements may be added, deleted, or updated by amendments.
They are frequently used when editing an existing document is preferable to writing a new one. The amendment process is exclusive to the legislative branch.
Therefore, when an area was rezoned as residential, a store was grandfathered in and allowed to continue business. This is an example of an amendment.
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which type of company is most likely to pay out large proportions of their earnings in the form of dividends?
Early-stage businesses are more likely to use their earnings to reinvest in potential future growth possibilities, whereas mature businesses are more likely to distribute earnings to investors in the form of dividends.
A mature business is one that has a solid track record in its industry, a well-known product, and a loyal customer base. Mature enterprises typically grow slowly and consistently while fending off ongoing competition. Additionally, established companies usually pay dividends and can boost profits by cutting expenses and improving efficiency. A maturity model shows how capable a system or organisation is of seeking ongoing improvement. In essence, a system's or organization's ability for self-improvement determines how mature it is. Business maturity refers to the efficiency with which established systems are applied, the consistency with which processes and procedures are followed, and the manner in which workers advance within the organisation to provide outstanding patient care everywhere.
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