Written agreements. Written agreements offer both participants more security than verbal agreements. It spelled out precisely what was agreed upon.
Is it stated in the formal agreement with the supplier that payment will be made at a specific time?
In foreign markets, a distribution contract is frequently required to secure special pricing as well as other advantages that the supplier has agreed to give the customer for something like a predetermined amount of time.
One-sided, bilateral, contingent, unenforceable, express, implied, completed, and final and binding agreements are only a few examples of the variation order kinds that exist. Based on quasi-contract, it may be broadly categorized.
What are the four different forms of contracts?
4 Different Forms of Construction Contracts
Lump-Sum Agreements.
Cost-Plus-Fee Agreements
Contracts with a Pre - negotiated Price.
Unit-Price Agreements.
To know more about supplier click here
brainly.com/question/14987546
#SPJ4
at an exchange rate of 1.8 per euro, the quantity of euros demanded is billion euros, while at an exchange rate of 1.2 per euro, the quantity of euros demanded is billion euros. this confirms that the demand curve for euros is
The demand curve for euros is downward sloping, as it indicates that when the exchange rate (the price of euros in terms of another currency) increases, the quantity of euros demanded decreases.
What is exchange rate?Exchange rate is the value of one currency expressed in terms of another currency. Exchange rates are important because they determine the relative value of different currencies and enable international trade and investments. Exchange rates can be either fixed or floating, depending on the country’s monetary policy. Fixed exchange rate means that the value of the currency is fixed by the government and cannot be changed. Floating exchange rate, on the other hand, is determined by the interaction of the market forces of demand and supply. Exchange rates are affected by a number of factors such as economic conditions, inflation, political stability, and the strength of a country’s currency. Exchange rates are also affected by speculation, which is when investors and traders attempt to make profits by buying and selling a currency for short-term gains.
The demand curve for euros is downward sloping, as it indicates that when the exchange rate (the price of euros in terms of another currency) increases, the quantity of euros demanded decreases. The exchange rate of 1.8 per euro and 1.2 per euro indicate a decrease in the exchange rate of the euro. The corresponding quantities of euros demanded (1 billion euros and 1.5 billion euros respectively) confirm that the demand curve for euros is, indeed, downward sloping.
To learn more about exchange rate
https://brainly.com/question/6675565
#SPJ1
| Personal Finance |
Which of the options shows a long-term financial goal?
O paying monthly rent
O buying a train ticket for spring break
O paying for tuition to learn a new skill
O replacing brakes to make the car safer
when there is the price floor, is it the case that anyone who is willing and able to pay the price of a ride is able to buy one? is it the case that anyone who wants to sell rides at the price of a ride is able to do so? c. suppose that instead of imp
Price floors stop a price from dropping below a specific markdown. Amount provided will exceed quantity required when a price floor is set above the equilibrium price, and excess supply or surpluses will result.
A price floor, which establishes a minimum cost for purchasing a good or service, is the opposite of a price ceiling. It stands for the lowest legal price at which a good or service may be offered and still adhere to the basic laws of supply and demand. This is also known as "price support."
An example of a subsidy is a price support. This doesn't appear to be an option in the choices. However, a municipal or government-sponsored form of financial support is known as a subsidy.
Learn more about price support:
brainly.com/question/556518
#SPJ4
if the usage of project activities is not proportional to the number of units produced, then some managers will be overcharged and others undercharged under:
If the usage of project activities is not proportional to the number of units produced, then some managers will be overcharged and others undercharged under a cost allocation system.
In such a situation, some managers will receive a disproportionate share of the total costs associated with the project activities, while others will receive less than their fair share. This can occur when there is a mismatch between the cost drivers and the activities being measured. For example, if a project involves the use of a machine that is used more frequently by one department than others, that department will be overcharged if the cost allocation system is based on machine usage. Similarly, if a department uses less of a shared resource than another department, it will be undercharged.
To avoid these problems, it's important to ensure that the cost allocation system accurately reflects the usage of project activities and resources by all departments.
Learn more about cost allocation :
https://brainly.com/question/29982022
#SPJ4
understanding how customers derive utility from products and services is the primary function of
Answer:marketing
Explanation:
The primary function of marketing is to identify and satisfy customer needs and wants through the creation, promotion, and distribution of products and services. To do this effectively, marketers must have a deep understanding of the needs and wants of their target customers, as well as the factors that influence their purchasing decisions.
One of the most important factors that influence customer purchasing decisions is utility. Customers derive utility from products and services when they perceive that they offer a benefit or satisfy a need or want. For example, a customer may derive utility from a product that saves them time, makes their life easier, or provides entertainment.
To understand how customers derive utility from products and services, marketers use a variety of tools and techniques, such as market research, customer surveys, and customer segmentation. By understanding the different factors that influence customer utility, marketers can design and promote products and services that meet their target customers' needs and wants and maximize the utility that customers derive from them.
In conclusion, understanding how customers derive utility from products and services is a primary function of marketing. By identifying the needs and wants of their target customers, marketers can design and promote products and services that satisfy those needs and wants, and maximize the utility that customers derive from them.
Know more about "function":-
https://brainly.com/question/21145944#
#SPJ11
burnham contracted with sahd to provide cleaning services for sahd's office building. after one week, sahd is unhappy with burnham's work and refuses to pay for the services. what option(s) may the parties use to resolve their dispute at this point?
Lawsuit, informal settlement, nonjudicial dispute resolution, The parties may now settle their issue by revising the burnham contract.
Burnham, whose parents are Edwin Arnold and Elizabeth Keith, was born in Henderson, New York. He was raised in accordance with Swedenborgian principles, also known as The New Church, which deeply ingrained in him the idea that everyone should try to assist others. When Burnham was eight years old, his father established a prosperous wholesale pharmaceutical business in Chicago. Daniel Burnham struggled in school and eventually applied to Harvard and Yale, but he was rejected by both institutions. Burnham decided to put his talent for drawing to use instead of focusing on academic success and submitted an application for a position with the architectural firm Loring & Jenney. William Le Baron Jenney, who had been hired, was his tutor from 1867 until 1868.
To learn more about Burnham refer here:
https://brainly.com/question/7601886
#SPJ4
imagine you are responsible for making a presentation that includes a representation of the logic flow through a process. you understand the process and want to be sure everyone agrees with your solution. what should you use for this presentation?
One could use a flowchart if he/she wants to make a presentation that includes a representation of the logic flow through a process.
A flowchart shows the steps needed to solve the problem graphically.It depicts the information flow in any system or process.
A flowchart is a sort of chart that illustrates a workflow or procedure. It depicts the steps as various types of boxes and their sequence by joining them with arrows.
This type of diagrammatic illustration shows a potential solution to a given issue. In many different industries, flowcharts are used for process analysis, design, documentation, and programme management.
There are many different sorts of flowcharts. Swimlane flow charts, Workflow diagrams, and dataflow diagrams are a few of the most used types.
To know more about flowchart, click here:
https://brainly.com/question/29317974
#SPJ4
booker sold 3 times as many candles as finley. finley sold 12 less candles than booker. if each candle gives the seller $5.75 in profit, how much profit does each person make? finley makes $ in profit booker makes $ in profit
Finley makes $34.50 in profit and Booker makes $103.50 in profit.
How to calculate how much profit does each person makeLet's start by setting up some equations to represent the given information:
Let's say Finley sold x candles.
Then, Booker sold 3 times as many, or 3x candles.
And we also know that Finley sold 12 less candles than Booker, so:
x = 3x - 12
Solving for x:
2x = 12
x = 6
So Finley sold 6 candles, and Booker sold 3 times as many, or 18 candles.
Now we can calculate their profits:
Finley's profit = 6 x $5.75 = $34.50
Booker's profit = 18 x $5.75 = $103.50
Therefore, Finley makes $34.50 in profit and Booker makes $103.50 in profit.
Learn more about profits at:https://brainly.com/question/1078746
#SPJ1
true or false: as the exchange rate fluctuates, the dollar value of goods priced in foreign currency similarly fluctuates.
It is true that, as the exchange rate fluctuates, the dollar value of goods priced in foreign currency similarly fluctuates.
Currency changes are a predictable byproduct of floating exchange rates, which are the norm for the majority of major economies. The economic health of a nation, the likelihood of inflation, interest rate spreads, capital flows, and other factors are only a few of the many variables that affect exchange rates. The health or ailment of the underlying economy often dictates the exchange rate of a currency. As a result, the value of a currency can change rapidly from one second to the next. Exchange rates can affect international trade in goods, economic expansion, capital flows, inflation, and interest rates.
The Asian Financial Crisis and the collapse of the Japanese yen carry trade are only two examples of how significant currency fluctuations may affect financial markets.
Learn more about fluctuations here:
https://brainly.com/question/28120812
#SPJ4
when revenue and expense items are arranged to highlight important profit relationships, the resulting income statement format is called a -
When revenue and expense items are arranged to highlight important profit relationships, the resulting income statement format is called a common-size income statement.
A common-size income statement is a financial statement that presents all revenue and expense items as a percentage of total sales. This allows for easier comparison of the different components of an income statement, as well as providing insight into the profitability of the business.
For example, it would be easier to see if the cost of goods sold as a percentage of sales is increasing or decreasing over time, or if the marketing and advertising expenses are becoming a larger percentage of sales.
By presenting the financial data in this way, the common-size income statement provides a more in-depth understanding of the business's financial performance and allows for easier analysis of trends over time.
For more questions like Income statement click the link below:
https://brainly.com/question/16413127
#SPJ4
Small businesses are required by the Small Business Administration to market hand goods only.
True
False
False. Every small business must register with the secretary.
kayla wanted to open her own dress design business. she spent a few hours putting together a marketing plan, then selected an award-winning dress she designed and wore it to the meeting with the bank. the most likely reason she did not receive a loan was
The most likely reason she did not receive a loan was because she did not have a sufficient business plan or financial projections to demonstrate the viability of her business.
What is loan?A loan is a sum of money borrowed from a lender for a specified period of time. It is usually repaid in instalments with interest over the loan period. The borrower is responsible for repaying the loan in full by the agreed upon date, and a late payment can incur additional fees. Loans are commonly used to purchase cars, homes, educational expenses, and other large purchases. Loans can also be used to consolidate debt and provide financial security. Loans are typically given based on the borrower’s credit score and financial history, and the lender may require collateral in the form of assets or property, depending on the type of loan.
To learn more about loan
https://brainly.com/question/20688650
#SPJ1
a firm wants to identify how each of its segments responds to each of its offerings in order to select which market to target. what tool would help the firm accomplish this task?
A market-product grid is the tool that would help the firm accomplish the specified task.
A market-product grid is a tool used in marketing to evaluate the potential of different market segments for different product offerings. It provides a matrix-style representation of the market segments and the firm's offerings. The grid helps the firm understand how each market segment responds to its offerings and to identify the most promising target market.
By analyzing the demand for each offering in different segments, the firm can make informed decisions about product positioning, pricing, and promotional strategies. This helps the firm to focus on the most profitable target market, thus maximizing the return on investment and achieving the desired growth objectives.
You can learn more about market-product grid at
https://brainly.com/question/22786913
#SPJ4
nitially, $2000 is deposited into a retirement account which pays 5% interest per year, compounded continuously. new money is added to the account at the rate of $1000 per year. how much will be in the account after 10 years?
The answer is 18,000$, if $2000 is deposited into a retirement account which pays 5% interest per year, compounded continuously.
What is the fundamental meaning of interest?The cost of borrowing money is called interest, and it is typically stated as a percentage, such as an annual percentage rate (APR). Lenders may charge interest to borrowers for using their funds, or borrowers may charge interest to lenders for using their funds.
What is interest and how does it work?This formula is used to calculate simple interest: S.I. = P R T, where P is the principal, R is the annual percentage rate of interest, and T is the time, which is typically expressed as the number of years. The interest rate is expressed as r/100 and is expressed as a percentage, or r%.
To know more about Interest visit:
https://brainly.com/question/26457073
#SPJ4
an automobile manufacturing plant opens in alabama, and its owner, all of the workers, and all raw materials are from japan. how would the purchase of an automobile from this plant change u.s. gdp and gnp?
The US Gross Domestic Product (GDP) and Gross National Product (GNP) would both increase if a car were purchased from the Japanese-owned company in Alabama (GNP).
Gross Domestic Product (GDP) is a major indicator of a nation's level of life and a primary gauge of economic performance. It is the market value of all finished products produced inside the boundaries of a nation over a specific time period, typically one year. Consumer, government, investment, and net export expenditure are added up to determine GDP. The GDP of a nation offers information on the scope and condition of its economy as well as its capacity for producing goods and services. A rising GDP is typically regarded as an indication that the economy is increasing and that living standards are rising.
Learn more about Gross Domestic Product here:
https://brainly.com/question/14768180
#SPJ4
If buyers and sellers in a certain market are price takers, then individually:_________
If buyers and sellers in a certain market are price takers, then individuals can not influence the market price.
Every buyer and seller is aware that it is forbidden to work together to influence the price because of government intervention in the market. Depending on the state of the market price, they might occasionally impact or not influence the market.
In a market with perfect competition, or one in which all businesses sell the same good, there are no barriers to entry or departure, each business has a little market share, and all consumers are fully informed about the market, all economic actors are regarded as price takers.
To learn more about price takers
https://brainly.com/question/13845993
#SPJ4
the primary activity of sales and marketing is the collection, storage, and physical distribution of the products to the buyers. group of answer choices true false
The answer is true. The primary responsibility of sales and marketing is to physically collect, store, and distribute the products to customers. Customer service is focused with encouraging customers to buy the product and giving them a way to do so along the value chain.
Gathering, storing, and physically distributing the products to customers is the main task of sales and marketing. Customer service is focused with encouraging customers to buy the product marketing and giving them a way to do so along the value chain.
A wholesaler's marketing main activity is to purchase items in bulk, store them, and frequently handle them physically before Customer reselling them (typically in lesser amounts) to shops, businesses, or other industrial or commercial users.
To learn more about Customer, click here.
https://brainly.com/question/13735743
#SPJ4
Within the supply and demand model, a tax collected from the buyers of a good shifts the ?A. supply curve downward by the size of the tax per unit.B. Supply curve upward by the size of the tax per unitC. demand curve upward by the size of the tax per unit.D. demand curve downward by the size of the tax per unit
Option C is Correct. The demand curve is shifted higher by the amount of the tax per unit in the supply and demand model when a tax is collected from the purchasers of a goods.
The supply curve is shifted by a tax paid by sellers, whereas the demand curve is shifted by a tax paid by buyers. Regardless of who pays the tax, the result is the same. When a good is taxed, the price consumers pay increases, the price sellers receive decreases, and the amount sold decreases.
When analysing a tax that was collected from the buyers using the supply and demand model, we move the demand curve upward by the amount of the tax. A tax that is collected from consumers has the same effect as a tax of the same size.
Learn more about demand Visit: brainly.com/question/1222851
#SPJ4
environmental complexity refers to the extent to which managers can understand or predict which environmental changes and trends will affect their businesses. group of answer choices true false
The statement environmental complexity refers to the extent to which managers can understand or predict which environmental changes and trends will affect their businesses is true because business managers analyzes business environment to make decisions.
The degree to which managers can comprehend or foresee which environmental changes and trends will impact their businesses is referred to as environmental complexity. Senior management at Weltono Inc. was contacted by Mathew, a team manager, regarding additional resources needed for a project.
The number of significant elements in the organisational environment is referred to as environmental complexity (Duncan, 1972). Environmental complexity, according to Gibbs (1994), is determined by the volume and variety of environmental elements that an organisation interacts with.
To learn more about Environmental, click here.
https://brainly.com/question/15007065
#SPJ4
soran freight forwarding has total assets of $694,800 at year's end. the beginning owners' equity was $362,400. during the year, the company had sales of $711,000, a net profit margin of 5.2 percent, a tax rate of 21 percent, and paid $12,500 in dividends. what is the equity multiplier at year end?
Soran freight equity multiplier at year-end is 1.80. So net profit margin of 5.2 percent, a tax rate of 21 percent, and paid $12,500 in dividends.
We arrive at the answer as follows:
Sales $711,000
Profit Margin 5.2% of sales
Since Profit margin generally refers to net profit margin after tax, we don't consider the tax values in the question.
Net Profit in $
less: Dividends -12,500
Additions to Retained Earnings 24472
Add: Beginning Owner's Equity 362400
Ending Owner's Equity 386872
The formula for Equity Multiplier is :
Equity Multiplier = Total assets / Ending Shareholder's equity
Plugging in the values we get,
Equity Multiplier = 694800 / 386872
Equity Multiplier = 1.7959
The equity multiplier, also known as the leverage ratio, measures the amount of debt a company has compared to its equity. It shows how much of a company's assets are financed by shareholder equity as opposed to debt. It is calculated by dividing total assets by shareholder equity. The higher the equity multiplier, the more debt a company is using to finance its assets.
A high equity multiplier indicates a high level of leverage, which means that the company is taking on a significant amount of debt to finance its operations and growth. This can be beneficial for the company in terms of growth, as it allows for more investment in the business, but it also means that the company may be taking on more risk and may be more vulnerable in the event of an economic downturn.
To learn more about Equity Multiplier visit here:
brainly.com/question/14888197
#SPJ4
which type of cannabis startup has the most advantage over the others due to the familiarity of pestle conditions
The type of cannabis startup has the most advantage over the others due to the familiarity of pestle conditions Global Franchise seller. Thus the correct option is A.
What are pestle conditions?The term pestle is an acronym defining the factors affecting Business. The PESTLE stands For political economic, social, technological, legal, and environmental factors affecting the business.
Franchising offers the ability to manage their own operations with the assistance and support of a larger organization with a recipe for success for small businesses. It also enables larger firms to expand and flourish.
Therefore, option A is appropriate.
Learn more about pestle conditions, here:
https://brainly.com/question/24020060
#SPJ1
coupons that are printed at grocery checkouts are a function of items the customer just purchased. select one: true false
The statement that "coupons that are printed at grocery checkouts are a function of items the customer just purchased" is true.This is because the tickets are targeted predicated on the customer's purchase history.
This is because these tickets are generated by the retailer's computer system and are grounded on the particulars that the client has just bought. The idea behind this is that the retailer can offer applicable and targeted abatements or elevations to guests grounded on their recent purchase history.
The retailer's system may induce a pasteboard for a reduction on the same brand of cereal for the client's coming purchase, If a client has just bought a particular brand of cereal. This type of targeted marketing can help retailers to drive deals, make client fidelity, and increase gains.
Also, these tickets can also be an effective way for guests to save some money on their purchases and make their shopping more budget-friendly.
To learn more about Coupon generated at Grocery store:
https://brainly.com/question/30330310
#SPJ4
on november 1, 2022, movers, inc., paid $24,000 for 2 years' rent beginning on november 1 (assume rent is the same amount each month). movers' year-end financial statements as of december 31, 2022 will show:
The payment made by Movers, Inc. on November 1, 2022 for 2 years' rent will be recognized as a prepaid expense in their financial statements as of December 31, 2022.
Prepaid expenses are advance payments made for goods or services to be received in the future. As the rent payment covers a period of 2 years, the company will allocate the payment over the 2-year period in a systematic and rational manner. This can be done on a monthly basis, where each month's rent is recognized as an expense in the income statement. In the balance sheet, the prepaid rent of $24,000 will be shown as an asset until it is recognized as an expense in the income statement. As the company recognizes the expense over the 2-year period, the asset will be reduced, and the expense will be reflected in the income statement. In conclusion, the $24,000 rent payment made by Movers, Inc. will be recorded as a prepaid expense in the balance sheet and will be recognized as an expense in the income statement over the 2-year period. This method of accounting helps to provide an accurate representation of the company's financial performance and position.
Learn more about balance sheet here:
https://brainly.com/question/30158228
#SPJ4
suppose that the average p/e multiple in the gas industry is 17. kmp is expected to have an eps of $5.50 in the coming year. the intrinsic value of kmp stock should be
Suppose that the average P/E multiple in the gas industry is 17. KMP is expected to have an EPS of $5.50 in the coming year. The intrinsic value of KMP stock should be $93.50.
The stock price can be computed as follows:
P/E ratio = Intrinsic value of stock/Earnings
So,
17 = Intrinsic value of stock/5.5
Intrinsic value of stock = 17 × $5.50 = $93.50.
The price-to-earnings ratio is a valuation ratio that compares a company's current share price to its earnings per share (EPS). The price-to-earnings ratio is commonly referred to as the earnings multiple or the price multiple.
Investors and analysts use P/E ratios to evaluate the relative worth of a company's shares inside an apples-to-apples comparison. It may also be used to compare a firm to its own track record, as well as to contrast aggregate markets to one another or over time.
To know more about the P/E, here
https://brainly.com/question/30046373
#SPJ4
what should a trader do when the one-year forward price of an asset is too low? assume that the asset provides no income.
A trader should buy the asset when the one-year forward price is too low.
If the one-year forward price of an asset is lower than its expected future spot price, it indicates that the market is undervaluing the asset. In this case, a trader can buy the asset at the lower forward price and sell it in the future at the expected higher spot price to earn a profit. This strategy is known as a covered call and is used when the trader expects the asset's price to increase in the future. However, it's important to note that there is no guarantee that the future spot price will be higher, so this strategy involves a certain amount of risk. When the one-year forward price of an asset is too low, a trader may choose to sell the asset and buy it back in the future at a lower price, in order to lock in a profit. As such, it's important for traders to carefully consider their investment strategy and assess the potential risks and rewards before making a trade.
Learn more about asset here:
https://brainly.com/question/27972503
#SPJ4
true or false: as a best practice, you should create your entire project schedule directly in procore.
Answer: True
Explanation:
becouse ................................................................................................................................................................................................................................
As a best practice, you should create your entire project schedule directly in procore. This is a true statement.
What is Project Scheduling?Similar to a timetable, a project schedule lists the tasks and milestones you must accomplish within a set period of time. This is a framework for allocating, carrying out, and finishing activities within a time frame while letting others know what resources are available. The goal of project scheduling would be to fully communicate important information to the team.
The success of a project depends on effective scheduling, which also lowers costs and increases customer satisfaction. It aids in the early detection of problems like resource shortages, reducing risks and budget overruns. As a best practice, you should create your entire project schedule directly in procore. This is a true statement.
Therefore, as a best practice, you should create your entire project schedule directly in procore. This is a true statement.
To know more about Project Scheduling, here:
https://brainly.com/question/30158681
#SPJ2
The applicant arrived for her interview, and the executive assistant greeted her in the lobby.
Explain how the sneaker resale industry is an example of CAPITALISM at work (Include words : profit, free market, capital, competitive, supply and demand
The sneaker resale industry is an example of capitalism at work because it operates based on the principles of supply and demand.
What does the concept of capitalism means?In a capitalist system, individuals and businesses are free to buy and sell goods and services at prices that are determined by the market.
In the sneaker resale industry, people are willing to pay higher prices for limited-edition or rare sneakers, and the resale market responds to this demand by buying the sneakers at the original price and then reselling them for a profit.
The resale market creates value for its customers by providing them with access to hard-to-find sneakers, and the market operates efficiently by balancing supply and demand through the pricing mechan
Read more about capitalism
brainly.com/question/9267779
#SPJ1
What Do You Own That You Wouldn’t Buy For Its Current Market Value
I am responding to this using my laptop. I don't have the resources or the desire to purchase another one, especially given its present Market Value.
A market value is a request to buy or sell shares at the best price currently being offered on the market. A market order often guarantees execution but not a certain price. When immediate transaction completion is the main objective, market orders work well. Market value, often known as OMV or "open market valuation," is the price that an asset would fetch on the market place or the evaluation that the financial community makes of a certain equity or company. It is uncommon for a company's market value, which is determined by the price of its shares at the moment, to coincide with its actual present worth.
learn more about market value here:
brainly.com/question/19131751
#SPJ4
What Do You Own That You Wouldn’t Buy For Its Current Market Value?
what is a good task management app that will auto move unfinished tasks to the next day until it gets done?
Apps like: Todolist, Any do, and Microsoft to do are good task management app that will auto-move unfinished tasks to the next day until it gets done.
There are several task management apps that offer the ability to auto move unfinished tasks to the next day until they are completed.
Here are a few popular options:
Todoist: Todoist is a powerful task management app that offers a feature called "Task Scheduling" that allows you to schedule tasks for specific dates and automatically move them to the next day if they are not completed.
Any do: Any do is a well-designed task management app that offers a feature called "Any do Moment" that helps you prioritize your tasks and auto moves unfinished tasks to the next day.
Microsoft To Do: Microsoft To Do is a simple and straightforward task management app that offers a feature called "My Day" that helps you focus on the tasks for the day and auto moves unfinished tasks to the next day.
It's important to choose the app that best fits your needs and workflow, so you may want to try a few of these apps and compare their features to see which one works best for you.
For more questions on task management
https://brainly.com/question/6500846
#SPJ4