Answer:
Inequality is the situation whereby there is a clear difference in access to certain economic and social resources by one sector of the population compared to others. Thus, the abysmal differences in income, levels of education, health or housing between the different social classes show this type of inequality situation.
On the other hand, poverty is a more concrete concept, in which one or several individuals have a situation of scarcity of elementary economic resources, which directly affects their quality of life.
explain two structural adaptation of tissues A for its function
Answer:
Any 2 of the following:
It is long, which means it has a very large surface area for absorption.
It has many folds which enlarges the surface area for maximum absorption of nutrients.
There are millions of villi and micro-villi which enlarge the surface area even further.
It has circular and longitudinal muscles responsible for the movement of food by peristalsis.
It has coiled tube that slows down the movement of food thereby increasing transit
time to ensure maximum absorption of nutrients.
Data from Estrin Corporation's most recent balance sheet and income statement appear below: This Year Last Year Accounts receivable $ 109,000 $ 106,000 Inventory $ 139,000 $ 158,000 Sales on account $ 787,000 Cost of goods sold $ 501,000 The average sale period for this year is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice 45 days 50 days 101 days 108 days
Answer:
d. 108 days
Explanation:
Average Inventory = (Beginning balance + Ending balance) / 2
Average Inventory = ($139,000 + $158,000) / 2
Average Inventory = $297,000 / 2
Average Inventory = $148,500
Inventory Turnover ratio = Cost of goods sold / Average Inventory
Inventory Turnover ratio = $501,000 / $148,500
Inventory Turnover ratio = 3.37 times
Average days to sell inventory = Days in a year / Inventory Turnover ratio
Average days to sell inventory = 365 days / 3.37 times
Average days to sell inventory = 108.31 days
Read the following scenario. A clothing company wants to expand into new regions. It is looking at an urban area with a large number of vacant warehouses. The population is made up of people with average educations and a lower standard of living. The company is experiencing slower sales but has hopes that product will take off and be successful. Which of the factors of production will the company need to address most closely when making its decision to expand?
Answer: Capital
Explanation:
When considering beginning a business or expanding one, what comes into mind is capital, without capital it would be difficult doing so. Although most business can be started with little or no capital but expanding a business needs capital. Capital is simply money set aside to improve the business which could be gotten from various methods, either from the existing business profit or through financial institutions.
Capital is what the clothing business would need for expansion.
Answer:
B. capital
Explanation:
Do you agree with the statement "the customer is always right"?
Answer:
The issue with this statement is that it predetermines the relationship. If one is to agree that the customer is always right, then that is how the relationship is defined. ... "From the perspective of a learning professional, the customer or client is rarely accurate in discerning his own needs or gaps.
hope it's help you plz mark as brain list ...!!!A rise in stock prices and housing prices
A. increases household wealth which in turn increases consumption and leads to an upward movement along the consumption function.
B. reduces consumption due to increase in prices and causes the consumption function to shift downward.
C. increases household wealth which in turn increases consumption and leads to an upward shift of the consumption function.
D. does not affect consumption because they do not have any direct impact on disposable income.
Answer:
B
Explanation:
Work-in-Process Inventory for Wendall Productions has a balance of $2,600 at the end of the accounting period. The cost summaries for the uncompleted jobs showed direct materials of $1,200 and direct labor of $800. Wendall applies manufacturing overhead on the basis of direct labor cost. The company's predetermined overhead rate is:
A. $1.00 per direct labor dollar
B. $0.65 per direct labor dollar
C. $0.50 per direct labor dollar
D. $0.75 per direct labor dollar
Answer:
D. $0.75 per direct labor dollar
Explanation:
Total work in process = $2,600
- Direct materials cost = ($1,200)
- Direct labor cost = ($800)
Manufacturing overhead = $600
Predetermined overhead cost = total overhead cost / total direct labor costs = $600 / $800 = $0.75 per direct labor dollar
Which is considered part of a person's income for the year?
50 shares of stock bought at $200 a share.
$1,000 in dividends from investments.
A gift worth $1,000.
O $1,000 discount on the purchase of a new car.
Answer:
$1,000 in dividends from investments.
Explanation:
Andrew is buying a dirt bike for $900. He will make $100 payments each
month until the bike is paid in full. This is an example of what type of loan?
A. Revolving credit
B. Installment credit
C. Single-payment loan
D. None of the above
Answer:
B Installment credit
Explanation: An installment credit loan can have a repayment period lasting from months to years until the loan is paid off.
After 8 years of working for a company that installed underground sprinkling systems for golf courses, Jake was ready to venture into his own business. As he prepared his SWOT analysis, he evaluated where he stood at this time. He was fortunate to have $100,000 financing to get the business under way. He knew of three skilled installers who were willing and interested to work for him, and he was aware that new construction was at an all-time low, with several residential properties being foreclosed. In reviewing his list, you would categorize these events as __________. Multiple Choice three opportunities and one threat two strengths and one opportunity two strengths and one threat three opportunities and one weakness
Answer:
two strengths and one threat
Explanation:
Since in the given situation it is mentioned that that Jake was fortunate to have $100,000 financing also the skilled installers are willing to work but at the same time he was aware that the new construction was all time low
So here there are two strengths and one threat
In this way the events are categorized
Choosing a home can be a very personal matter. Some people care most about the location, while others are most concerned about the size, style, and amenities. What are your top priorities in choosing a home? What do you feel is unimportant in a home? Based on your priorities, what type of house do you think you'd be likely to buy?
Answer:
1:if i have enough money for the purchase.
2:if it suits my personal attributes.
A nation whose interest rate is rising more rapidly than interest rates in other nations can expect the international value of its currency to appreciate.
Answer:
true
Explanation:
The exchange rate is the rate at which one currency is exchanged for another currency
If interest rate is higher in a country compared to other countries, investors would be interested in investing in that country because they would earn a higher return for their investment.
As a result of the higher flow of funds into the economy with the higher interest rate, the demand for the country's currency increases. If the demand increases relative to supply, the value of that currency relative to other currencies increases and its exchange rate increases. this is what is referred to as currency appreciation
Ilus
What are the gross sales?
Income Statement
For the Year Ended August 31, 2012
Revenues
Student Lessons
$29,520.00
Recital Sales
15,900.00
Total Revenues:
45,420.00
Expenses
Costumes and Accessories
Building Maintenance
Total Expenses:
16,700.00
11,320.00
28,020.00
*Call numbers in 000s)
The gross sales are the total amount of revenue earned before deducting any expenses. In this case, the gross sales are $45,420.00, which is the total of the revenues earned from student lessons and recital sales.
Gross sales are the total amount of revenue generated from the sale of goods or services before any deductions are made for discounts, returns, or allowances. It represents the overall performance of a business and is an important metric for measuring growth and profitability. Gross sales are usually reported on the income statement, along with the cost of goods sold and other expenses, to calculate net income or loss.
Therefore, the gross sales are $45,420.00, which is the total of the revenues earned from student lessons and recital sales.
Learn more about gross sales, here:
https://brainly.com/question/31031265
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"Profit plays an important role in the business." In the light of this statement,
Explain three reasons for the importance of profit in business.
Answer:
to secure financing from a bank
to attract investors to fund its operations
to grow the business itself
Explanation:
Can someone co-sign on multiple car loans?
I want to get a car right now, but my mom is co-signing on my sister's car. Is she able to co-sign on my car loan as well, or can she only co-sign on one?
Answer:
Yes
Explanation:
I believe so as long as you do the credit check and as long as you can afford the price you should be fine.
I am not 100% sure but I am pretty sure you can. Make sure you get others answers before making a definite decision.
Hope this helps and if it does, don't be afraid to give my answer a "Thanks" and maybe a Brainliest?
Answer:
She should be allowed to co-sign both of you.
Explanation:
Disclaimer: Not an expert on this topic, but can give you relevant info I found.
I goog.led it and it said that she can infact co-sign both of you if she has good enough credit history and is financially stable. Here's the websites that say that:
"You can even co-sign multiple car loans at the same time."
https://www.autocreditexpress.com/blog/can-i-cosign-if-i-have-a-car-loan-already/
https://itstillruns.com/can-cosign-multiple-cars-7746994.html
P.s. the car dealer you go to can also clarify these things more clearly or your bank would be more credible so feel free to reach out to them.
A debtor owed a creditor $1,200 on a promissory note that was due on August 1. After the debtor told the creditor that he might not be able to pay the note on its due date, the creditor agreed to extinguish the debt if the debtor, who was the manager of a discount electronics store, bought a new entertainment system that sold for $1,200 and had it delivered to the creditor's home by August 15. Because the debtor would have to pay only $600 for the system due to his manager's discount, he agreed and the parties signed a written contract on July 26. Is the new agreement between the debtor and the creditor legally enforceable
Answer:
The correct option is C. Yes, because the debtor incurred a different obligation than he already had.
Explanation:
Note: This question is not complete as the options are omitted. The question is therefore completed before answering the question by providing the options as follows:
A. No, because the debtor incurred no additional detriment that would serve as consideration for the new agreement.
B. Yes, because it would have cost the creditor $1,200 to purchase the entertainment system himself.
C. Yes, because the debtor incurred a different obligation than he already had.
D. Yes, because the new agreement between the debtor and the creditor is enforceable with or without
Explanation of the answer is now provided as follows.
It is possible to enforce the two parties' new agreement as an accord.
An accord can be described as an agreement in which one party to an existing contract agrees to accept some other, different performance from the other party in lieu of the performance that the other party is obligated to provide. In principle, an agreement must be backed by payment, but the consideration can be less than the amount agreed upon in the preceding contract if it is of a different character or the claim is to be paid to a third party. The responsibility of the debtor to supply the creditor with a new entertainment system was enough fresh consideration to constitute a legal agreement in this case.
When a party's responsibility is modified in some way, as the debtor's duty was in this case, the preceding legal duty rule does not apply. It makes no difference whether the creditor's benefit in the accord arrangement is equal to the original debt's worth; courts will find appropriate consideration if the consideration is fresh or different in any way. The difference in the debtor's obligation, that is, payment is in the form of an entertainment system rather than cash) is enough to sustain the accord arrangement, regardless of how much the entertainment system would have cost the creditor.
The Uniform Commercial Code (UCC) does not apply because the original agreement was not for the sale of goods. The underlying commitment in this case was to pay a debt secured by a promissory note.
Therefore, the correct option is C. Yes, because the debtor incurred a different obligation than he already had.
Why is all else held constant along a demand curve? Group of answer choices To isolate how a change in price impacts a change in quantity supplied. To isolate how a change in income impacts the change in quantity demanded. To isolate how a change in taxes impacts the change in quantity demanded. To isolate how a change in price impacts the change in quantity demanded
Answer:
To isolate how a change in price impacts the change in quantity demanded.
Explanation:
In the case of the demand the thing that should be constant is the isolation that means if there is the change in price so the same got an effect in the change in the quantity demanded. So overall we can see that both price and quantity demanded could be impacted in an isolation
Therefore the above should be the answer
Hence, the other options seems wrong
__________ is when the company keeps its customer happy enough to keep buying products from the company.
Answer: Customer retention
Explanation:
Explain how you would apply any five pricing techniques to attract ccustomers
Answer:
1. Price skimming. Skimming involves setting high prices when a product is introduced and then gradually lowering the price as more competitors enter the market. 2. Market penetration pricing 3. Premium pricing. 4. Economy pricing. 5. Bundle pricing. (these are just some that I know)
Explanation:
Imagine that you were reading an international marketing text in which you learned
that the GDP for a nation that was a member of the former Soviet Union was $1.56
billion. A few pages later in the same text, the book states that that nation's real GDP
was $800,000. From reading this information, you would know that:
Answer: this former member of the Soviet Union had a high rate of inflation
Explanation:
Real GDP refers to the measuring of the gross domestic product of a country after it has been adjusted for inflation. On the other hand, the nominal GDP hasn't been adjusted for inflation and makes use of current prices.
Since the real GDP is $800,000 while the other GDP given is $1.56 billion, then it can be infered that this former member of the Soviet Union had a high rate of inflation. This is because when there's inflation, the average of all the prices of the goods and services will rise which is depicted by the difference in the GDP given.
When comparing short-run average total cost with long-run average total cost at a given level of output, a. short-run average total cost is typically below long-run average total cost. b. short-run average total cost is typically the same as long-run average total cost. c. short-run average total cost is typically above long-run average total cost. d. the relationship between short-run and long-run average total cost follows no clear pattern.
Answer:
c. short-run average total cost is typically above long-run average total cost
Explanation:
In the case when the average of the total cost of the short run should be compared with the average of the total cost of the long run for a given output level so this means that the average of the total cost of the short run should be more than the average of the total cost of the long run
Therefore as per the given situation, the option c is considered
A restaurant has an average check of $15, with an average variable cost of $6. Fixed costs are $150000. What is breakeven sale revenue?
Answer:
Break-even point (dollars)= $250,000
Explanation:
Giving the following information:
Selling price= $15
Unitary variable cost= $6
Fixed cost= $150,000
To calculate the break-even point in sales dollars, we need to use the following formula:
Break-even point (dollars)= fixed costs/ contribution margin ratio
Contribution margin ratio= unitary CM / Selling price
Contribution margin ratio= (15 - 6) / 15
Contribution margin ratio= 0.6
Break-even point (dollars)= 150,000 / 0.6
Break-even point (dollars)= $250,000
Explain two social roles that business can perform
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During team meetings Amber Downing always notices that Rhoma Law tends to ask innumerable questions and suggest ideas at each discussion. However, Law stands out in the meetings only because she is the only one making suggestions. If both of them were part of team meetings where almost all member made w o rd asked questions, Law would not have drawn as much attention from Downing. Which of the following factors has most likely influenced Downing's perception of Law
A) expectation
B) interest
С) pault experience
D) context Emotive
Answer: context
Explanation:
The factor that has most likely influenced Downing's perception of Law is context.
Context refers to the situation for the occurence of a event. It's vital to look at the circumstances that were present at the time of the behavior of a person when attempting to understand the person's behavior.
Assuming both of them were part of team meetings where almost all member gave their own suggestions, then Law would not have drawn as much attention from Downing.
What degree of risk is necessary to classify an activity as ultrahazardous?
A. No risk is needed
B. Moderate degree
C. High degree
D. Low degree
what degree of risk is necessaryto classify anactivity as ultrahazardous?
C is the answer
A company's value chain Multiple choice question. is not analytically useful if it is a non-manufacturing company. includes only the company's supply chain management activities that add value for customers. includes only the primary activities that the company performs. identifies the company's internal activities that create value for customers.
Answer:
identifies the company's internal activities that create value for customers.
Explanation:
A value chain is a business model that shows the activities in the full range required for developing the product or service. Here the motive of value chain analysis is to rise the production efficiency so that the company is able to delivered the maximum value at the lesser cost
Also, it identified the internal activities of the company that could develop and add the value to the customers
In order to produce it’s products, a coffee machine manufacturer relies on timely delivery from its suppliers. Although the company wants its shipment of parts delivered at one time, they typically come in multiple shipments. While it’s not that big of a deal and the coffee machine manufacturer is generally happy with the supplier, the manufacturer has found another supplier that’s willing to ship the parts at one time. . Because of this, the manufacturer has decided to switch suppliers. This is an example of how
Answer: A) meeting a customer's expectations doesn't always lead to brand loyalty.
Explanation:
It is possible to meet the expectations of a supplier and the supplier would still move on if they feel like they would get a better deal somewhere especially if the other supplier meets their expectations even better than the first supplier did.
The company in question preferred that it received its parts all at once and the supplier could not do that but they were still able to supply the goods required. They were therefore meeting expectations but not in an adequate enough manner which is why the company found someone better.
difference between relative and absolute scarcity
Answer: Relative scarcity could be described as that where the resources are limited in supply for a short while, due to manufacturing or supply challenges.
Absolute scarcity could he described as where supply is naturally limited. No possibility of the supply increasing.
Explanation:
Relative scarcity could be described as that where the resources are limited in supply for a short while, due to manufacturing or supply challenges.
Absolute scarcity could he described as where supply is naturally limited. No possibility of the supply increasing.
In relative scarcity, there is a probability of the supply to be made available later while in absolute, there is no possibility of it happening.
When Parker started his business, he knew he had to keep costs to a minimum and he worried about taxes. He planned to build and distribute safety goggles for construction workers and military personnel. He realized most of his business would not be through walk-in customers but rather large orders from companies. He chose to locate in a government-subsidized area called a(n) ________________, where he would receive tax breaks. Multiple Choice intrapreneurial territory affective designation immigration zone enterprise zone
Answer:
Enterprise Zones. Specific geographic areas to which governments try to attract private business investment by offering lower taxes and other government support. Government Incubators
Explanation:
Joseph planned for his
company to make $250,000
in one month. Instead, they
made $300,000. What is the
percentage difference?
[?]%
Answer:
Percentage difference = 20%
Explanation:
Given:
Amount planed to make = $250,000
Amount actual made = $300,000
Find:
Percentage difference
Computation:
Actual difference = Amount actual made - Amount planed to make
Actual difference = 300,000 - 250,000
Actual difference = 50,000
Percentage difference = [Actual difference/Amount planed to make]100
Percentage difference = [50,000 / 250,000]100
Percentage difference = [0.2]100
Percentage difference = 20%