Market research involves identification, collection, analysis, and dissemination. Hence, all options are correct EXCEPT manipulation.
Market research is a means of gathering information about certain markets and target customers. Market research firms and trade associations give statistics and statistical reports on current and projected market trends.
Typical steps in doing market research includes:
Identify and define the problem or research questionsMake the planCollect data and informationAnalyze data and the findingsDisseminate the results in a report, paper, or other publications.It's sometimes necessary to put up a summary of the study, including the process you used, the results, the conclusions, and the next steps you recommend based on those results.
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only professionals with management responsibilities have ethical responsibilities to the environment. a)true b)false
Only professionals with management responsibilities have ethical responsibilities to the environment. The given statement is False.
What is the importance of ethical responsibility?Through our choices, ethics guide us to make the world a better place. Business ethics are as important as personal ethics. Business leaders play a unique and significant role in shaping the ethical culture of their organizations and thus influence their broader communities.
Only professionals in positions of authority have ethical obligations to the environment. A code of conduct must include penalties for it to be effective. If you're unsure whether to write too, too or to, use the spell-checker to assist you.
Thus, the mentioned above-given statement is False.
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an inversion occurs along part of a chromosome. how does the inversion most likely affect the region in which it occurs?
The inversion most likely affect the region in which it occurs is during transcription, the information in the area is read in a different way.
What is chromosome?A structure located within a cell's nucleus. Proteins and DNA are grouped into genes on a chromosome. Normally, each cell has 23 pairs of chromosomes. Chromosomes are threadlike structures consisting of protein and a single DNA molecule that transport genetic information from cell to cell.
Chromosomes are found in the nucleus of cells in plants and animals (including humans). Chromosomes are DNA-carrying structures located in the center (nucleus) of cells. The substance that contains genes is known as DNA.
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when a u.s. grocery store chain purchases bananas from honduras and coffee from colombia to sell in its stores, it is involved in _____.
When a u.s. grocery store chain purchases bananas from Honduras and coffee from colombia to sell in its stores, it is involved in global economy.
The grocery store chain is involved in international trade, which is the exchange of goods and services between countries. When a grocery store purchases bananas from Honduras and coffee from Colombia to sell in its stores, it is participating in the global economy and taking advantage of the resources available in different countries.
International trade allows grocery stores to access a wider range of products and offer customers a greater variety of goods. By purchasing bananas from Honduras and coffee from Colombia, the grocery store can offer customers a selection of high-quality, fresh produce that may not be available in their local area.
However, grocery stores must also consider the ethical and environmental impacts of their international trade practices. For example, the production of bananas and coffee can have negative effects on local communities, such as deforestation and the use of harmful pesticides. The grocery store must weigh these concerns against the benefits of offering a wider range of products to customers.
It's also important to consider the impact of international trade on the economy of the countries from which the grocery store purchases its products. By buying bananas and coffee from Honduras and Colombia, the grocery store is supporting local farmers and contributing to the local economy.
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suppose you are the cfo of a not-for-profit (nfp) hospital. compared to a for-profit hospital, what advantages does your nfp hospital have, such as, regarding taxes? what additional responsibilities or obligations do you have? g
As the CFO of a not-for-profit (NFP) hospital, there are several advantages and additional responsibilities compared to a for-profit hospital.
Advantages - Tax Exemptions: NFP hospitals are exempt from paying federal and state income taxes, as well as other taxes, such as property taxes, sales taxes, and others.
Tax-Deductible Donations: NFP hospitals may receive tax-deductible donations, which can provide additional funding to support their mission. Eligibility for Government Grants: NFP hospitals may be eligible for government grants, which can provide additional funding to support their mission.
Additional Responsibilities - Mission-Driven: NFP hospitals have a mission that goes beyond just generating profits and must provide community benefits and maintain their tax-exempt status.
Increased Transparency and Reporting: NFP hospitals are subject to increased transparency and reporting requirements, including annual tax returns, financial statements, and regular reporting to stakeholders and the community.
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Which of the following statements is true regarding accrual accounting? a.) Accrual accounting is not required by generally accepted accounting principles. b.) Revenue is recorded every time cash is received and expenses recorded every time cash is paid. c.) Revenue is recorded only when cash is received and expenses recorded only when cash is paid. d.) Revenues are recorded when earned and expenses when incurred regardless of when cash is received or paid.
Revenue is recorded only when the cash is received and expenses recorded only when the cash is paid is true regarding the accrual accounting.
What is accrual accounting?Accrual accounting is a method of recording financial transactions that recognizes revenue and expenses when they are incurred, regardless of when cash is exchanged. This means that revenue is recorded when it is earned, even if the payment for that revenue is received at a later time. Likewise, expenses are recorded when they are incurred, even if the payment for those expenses is made at a later time. Accrual accounting provides a more accurate picture of a company's financial position and performance than cash accounting, which only records transactions when cash is received or paid. This method is commonly used by businesses, governments, and non-profit organizations to create financial statements that accurately reflect their financial health.
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What is a financial statement effects template?
You can more clearly understand the transaction and the possible impacts it might have on a company's financial statements with the help of a Financial Effects Template.
What Exactly Are Financial Statements?A company's operations and financial performance are detailed in financial statements. Financial statements are regularly audited by government agencies, accounting firms, etc. to ensure accuracy and for tax, financing, or investment reasons.
Financial statements are what they sound like, but how important are they?facilitates investors' decision-making The financial accounts contain the vital information that potential investors require to determine how much money they wish to invest in the company. It also helps investors decide on the share price per dollar they want to invest at.
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The screen on which dividend income is entered is __________.
a. 1099-INT.
b. 1099-DIV.
c. Form 8606.
d. Schedule C.
The screen on which dividend income is entered is 1099-DIV.
A 1099-DIV tax document is proof that you received dividends from a firm or other organization. A 1099-DIV will be sent if you received more than $10 in dividends from a corporation or other organization. The 1099-DIV is a typical form of IRS Form 1099, which is an record of money given or received to you by a business or person other than your employer.
Your brokerage firm may send you a 1099-DIV tax form if you earned dividends on your assets. A Form 1099-DIV will include your Social Security number or taxpayer identification number, indicating that the IRS is aware that you earned dividends and will be aware if you fail to disclose that income on your tax return.
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which of the following is truerelationship? a. demand and price are directly related the higher the price, the greater the demandregarding the price-demand b. if demand is inelastic, a small change in price will result in a large change in demand C. price elasticity measures how responsive price will be to a change in demand d. a demand curve shows the number of units a company will produce in a given time period at different prices that might becharged e. if demand is elastic, sellers will consider lowering their price
C. Price elasticity measures how responsive price will be to a change in demand.
Price elasticity is a measure of how sensitive the demand for a good or service is to a change in its price. It measures the responsiveness of demand to changes in the price of the good or service, and is an important tool for understanding consumer behavior. Price elasticity can be used to identify how much a change in price will affect demand for a particular good or service. For example, if the price of a good is increased by 10%, the demand for the good may decrease by 20%. In this case, the price elasticity of demand would be -2, which indicates that the demand is highly elastic. Additionally, price elasticity can be used to inform sellers on how they should set prices for their products. If the demand for a good or service is highly elastic, sellers may want to consider lowering their price in order to increase demand and sales. On the other hand, if the demand is inelastic, a small change in price can result in a large change in demand. This knowledge can be used by sellers to maximize their profits by setting prices that are most beneficial to their business.
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FILL IN THE BLANK a(n) _____country assessment reviews a country's economic situation and politics to determine how much risk to employees, property, and investment exists for firms doing business there.
A "country risk" assessment reviews a country's economic situation and politics to determine how much risk to employees, property, and investment exists for firms doing business there.
A country risk assessment is a comprehensive evaluation of a country's economic, political, and social conditions to determine the level of risk for businesses operating in the country. This analysis is usually conducted by international organizations, investment firms, or government agencies to assess the potential risk to employees, property, and investment in the country.
The assessment typically considers a range of factors, including the country's political stability, the strength of its institutions and legal system, the level of corruption, the state of its economy, the availability of resources, and the openness of its markets. The results of the assessment can provide valuable information to businesses and investors who are considering investing in or expanding operations in the country.
A high country risk score can indicate that there is a greater likelihood of political instability, economic uncertainty, or other factors that could negatively impact business operations. This can result in higher costs for businesses, such as increased insurance premiums or the need to invest in additional security measures.
On the other hand, a low country risk score can indicate that the country is relatively stable, with a well-functioning government and a favorable economic environment. This can provide businesses with a more predictable and stable operating environment, reducing the risk of unexpected costs or disruptions to operations.
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because of a 35% off sale, a chair sold for $167.05. what was the original price before the sale? original price
The original price of the chair before the 35% off sale can be found using the following formula:
Original Price = Sale Price / (1 - Sale Percentage)
In this case, the sale percentage is 35%, which can be expressed as a decimal as 0.35. Plugging in the values, we get:
Original Price = $167.05 / (1 - 0.35)
Original Price = $167.05 / 0.65
Original Price = $256
So the original price of the chair before the 35% off sale was $256.
To understand this calculation, we need to understand the concept of sale percentage. A sale percentage represents the amount by which the price of a product is reduced during a sale. For example, a 35% off sale means that the price of the product has been reduced by 35%. To find the original price of a product before a sale, we need to undo the effect of the sale percentage. This can be done by dividing the sale price by the complement of the sale percentage expressed as a decimal. The complement of the sale percentage is found by subtracting the sale percentage from 100%.
In this example, the sale price of the chair was $167.05, and the sale percentage was 35%, so the original price of the chair was $256. This calculation shows that the chair was originally priced at $256, and the 35% off sale reduced the price to $167.05. This method can be used to find the original price of any product before a sale, as long as the sale percentage and the sale price are known.
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Which account needs an adjustment at the end of the period?
There are four different sorts of accounts that require adjusting. They are deferred revenues and expenses as well as accumulated revenues and expenses. Money earned during one accounting period but not received until another is referred to as accrued revenue.
What changes are made at the year's end?Year-end adjustments are journal entries made to different general ledger accounts at the conclusion of the fiscal year to produce a set of books that adheres to the relevant accounting framework.
What happens after the period adjustment process is finished?The process of passing all required journal entries to reflect the honest and fair perspective of the business is referred to as the end-of-period adjustment procedure. At year's end, the adjusting entries are approved for the matching principle of accounting.
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How is the effect of weekly income on household expenditures?
The impact of weekly income on household expenses can differ based on a number of variables, including the household's financial priorities and goals, its size, and the cost of living in the area.
In general, home expenses may rise along with weekly income. Households with higher incomes may afford additional luxuries, like dining out, entertainment, and vacation. Additionally, they could be able to buy more pricey products like luxurious cars or bigger mansions. Households with increased weekly incomes may opt to save or invest their additional funds instead of raising their spending, nevertheless. Debt, individual financial management techniques, and prevailing economic conditions are only a few examples of the variables that may have an impact on the link between weekly income and family expenses. As a result, the impact of weekly income on household spending is complicated and influenced by a variety of societal and economic factors.
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what size companies are the heart of the american economy?
The heart of the American economy is made up of a diverse range of companies, including small, medium, and large businesses. Each size of business plays an important role in the economy and contributes to its overall health and vitality.
Small businesses, typically defined as companies with fewer than 500 employees, are often considered the backbone of the American economy. According to the Small Business Administration (SBA), small businesses account for 99.9% of all firms in the United States and employ nearly half of the country's private sector workforce.
Medium-sized businesses, typically defined as companies with 500 to 999 employees, are also an important part of the American economy. These companies often provide a bridge between small businesses and large corporations, allowing them to take advantage of economies of scale while still retaining the agility and flexibility of smaller organizations.
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In his first comprehensive study, Mintzberg concluded that what managers do can best be described by looking at the managerial roles they engage in at work. What are the three roles?
The three roles that Mintzberg outlined are: Interpersonal, Informational and Personal Roles.
Interpersonal Roles that require the manager to communicate with individuals both inside and outside the organization include liaison, leader, and figurehead.
Informational roles include being a spokesperson, a disseminator, and a monitor, all of which need the manager to gather, distribute, and analyze information.
Decision-making is required in these personal roles, which include entrepreneur, disturbance handler, resource allocator, and negotiator.
Coordination is achieved through mutual adjustment, a straightforward process of informal communication (as between two operating employees)
The goal of direct supervision is to have one individual give orders or instructions to a group of people whose tasks are related to one another.
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suppose a company's revenue function is given by and its cost function is given by , where is hundreds of units sold/produced, while and are in total dollars of revenue and cost, respectively. a) find a simplified expression for the marginal profit function. (be sure to use the proper variable in your answer.) b) how many items (in hundreds) need to be sold to maximize profits? answer: hundred units must be sold. (round to two decimal places.)
Based on the given revenue function and cost function:
The marginal profit function: P(q) = -q³ + 200q² - 350 - 12qThe company should sold 133 items to earned the maximize profitFrom the case we know that:
Revenue function : R(q) = -q³ + 200q²
Cost function : C(q) = 350 + 12q
Marginal profit is the remaining of revenue subtracted with the production cost. Hence, the marginal profit function would be:
P(q) = R(q) - C(q)
P(q) = -q³ + 200q² - [350 + 12q]
P(q) = -q³ + 200q² - 350 - 12q
To earned the maximum profit, we need to differentiate the marginal profit function equals to zero
P'(q) = 0
d(-q³ + 200q² - 350 - 12q) / dq = 0
-3q² + 400q - 0 - 12 = 0
3q² - 400q + 12 = 0 ... (i)
We will use ABC rules to find the amount of q
q = [-b ± √(b²-4ac)] / 2a
q = [-400 ± √(160000 - 4(3)(12)] / 2(3)
q = [-400 ± √(160000 - 144] / 6
q1 = 0.03
q2 = 133.3
Since we have 2 different critical points, we will need to differentiate the first differentiation of marginal profit function to find which one is the maximum point. The maximum point's result should be lower than zero (0).
P'(q) = -3q² + 400q - 12 = 0
P''(q) = -6q + 400q ... 0
P''(0.03) = -6(0.03) + 400 = 399.82 > 0
P''(133.3) = -6(133.3) + 400 = -399.8 <0 ---> maximum point
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Complete Question:
Suppose a company's revenue function is given by R(q) = -q³ + 200q² and its cost function is given by C(q) = 350 + 12q, where is hundreds of units sold/produced, while R(q) and C(q) are in total dollars of revenue and cost, respectively.
a) find a simplified expression for the marginal profit function. (be sure to use the proper variable in your answer.)
b) how many items (in hundreds) need to be sold to maximize profits? answer: hundred units must be sold. (round to two decimal places.)
which of the following is a controversial indicator because while it attempts to measure total economic activity, it excludes certain data for being too difficult to count?
Gross Domestic Product is a contentious metric that aims to gauge overall economic activity but leaves out some information because it is difficult to collect (GDP).
Gross Domestic Product is the divisive statistic that seeks to gauge all economic activity while excluding other information because it is too difficult to collect (GDP). Although GDP is a commonly used indicator of a nation's economic production, it is limited since it only tracks transactions that take place on legally recognised markets. It undercounts real economic activity because it ignores the value of some informal or underground businesses, as well as family and volunteer work. The omission of these elements renders GDP a contentious statistic and emphasises the necessity for supplementary measurements to determine a nation's actual economic health.
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what is an unconsummated transaction
An unconsummated transaction refers to a transaction that has been initiated or proposed, but has not yet been completed or finalized.
In other words, an unconsummated transaction is one in which the exchange of goods, services, or assets has not taken place. This can occur for a variety of reasons, such as a change of plans, a failure to meet conditions, or a lack of agreement on terms. An unconsummated transaction is considered void, and no rights or obligations are created as a result. It is a transaction that has started but has not yet been completed and the exchange of goods, services or payments has not taken place. The term is often used in financial, business, or legal contexts and refers to a transaction that is still in progress and has not yet been finalized.
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chevelle, inc. has sales of $67,841, costs of $19,970, depreciation expense of $9,712, and interest expense of $3,267. if the tax rate is 32 percent, what is the operating cash flow, or ocf?
Total revenue - operating costs = Operating cash flow
i.e. [tex]$67,841[/tex][tex]-$19,970 = $ 47,871[/tex]
So, operating cash flow is $47,841
Operating cash flow (OCF), cash flow from operating activities (CFO), or free cash flow from operations (FCFO) are terms used in financial accounting to describe how much cash a company generates from its revenues after deducting costs associated with long-term investments on capital items or investments in securities.
Operating activities are any costs or funding sources connected to a business's ongoing operations. The International Financial Reporting Standards define operating cash flow as cash generated from operations less taxes and interest payments. Cash created from operations must take into account cash paid to suppliers and cash generated from customers. Operating cash flow is reflected in the difference between the two.
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both excel gas and corner market know that there is going to be a big concert in town. people will be traveling from the east and west to arrive at the destination. the destination, coincidentally, only has two filling stations: one owned by excel gas and one by corner market. there is no other place to get gas for up to at least 100 miles in either direction. excel gas and corner market conspire to raise gas prices to $4.35 per gallon. this is an example of
Both excel gas and corner market know that there is going to be a big concert in town. This is an example of oligopoly.
An oligopoly is a market arrangement in which a small number of enterprises may prevent the rest from wielding substantial influence. The concentration ratio calculates the largest enterprises' market share.
A monopoly market has a single producer, a duopoly has two firms, and an oligopoly has two or more enterprises. The number of firms in an oligopoly has no definite upper limit, but it must be small enough that the activities of one firm have a considerable influence on the others.
Steel makers, oil firms, railways, tire manufacturers, grocery store chains, and cellular carriers are examples of oligopolies throughout history. The economic and legal worry is that an oligopoly can prevent new players from entering the market, limit innovation, and raise prices.
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according to the Rule of 72 how long will it take Mrs. Suzukito double her money if she invests $25,000 at 6% interest?
Using the Rule of 72, it would take Mrs. Suzukito 12 years to double her money if she invested $25,000 at 6% interest. The Rule of 72 is a financial rule that helps people determine how long it will take for an investment to double at a given rate.
To use the Rule of 72, divide the annual rate of return into 72. In this case, 72 divided by 6 is 12, so it would take 12 years for Mrs. Suzukito's money to double at 6% interest. This is a quick and easy way to determine how long it will take for an investment to double, and can be especially useful when comparing investment options. Knowing how long it will take to double your money can be useful when planning for retirement or other long-term goals.
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The role of the cabinet in policymaking is dependent on?
The president is responsible for the cabinet's involvement in formulating policy. A president may only be chosen to hold office for a total of ten years.
The innermost cabinet is made up of the secretary of state, defense, treasury, and attorney general.
The House Speaker of the House would take over as president when both the vice president's and president's positions become empty while simultaneously time.
Putting together the executive branch's staff is among the president's initial duties. There at presidential inauguration, the Chief Justice administers the swearing-in ceremony.
The electors are determined by popular election because the states started listing the presidential contenders upon that ballot.
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how will following the five foundations help you start your financial future off right?
Answer: you need to save for any emergency, be debt free, pay for your car cash, pay for college cash, so that when you graduate you will not have debt holding you down
Explanation:
These basic steps will assist you to develop more financial self-assurance:
Save a $500 emergency fund.Get out of debt/loans.Pay cash for your car.Pay cash for college.Build wealth and give.Finance is the look at and discipline of cash, forex, and capital assets. it's miles related to, however no longer synonymous with economics, that's the take a look at of production, distribution, and consumption of cash, belongings, items, and services (the subject of financial economics bridges the 2). Finance sports take region in economic systems at various scopes, consequently, the sector may be more or less divided into non-public, company, and public finance.
In a financial gadget, assets are sold, offered, or traded as economic instruments, which include currencies, loans, bonds, stocks, shares, options, futures, and many others. The belongings also can be banked, invested, and insured to maximize charges and reduce loss. In practice, risks are continuously found in any monetary action and entity.
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why are there procedures governing the client acceptance or continuance decision? explain why auditors do not accept every client.
Procedures governing the client acceptance or continuance decision are in place to ensure that auditors provide their services in a manner that is consistent with professional standards and that protects the interests of both the auditor and the client.
Auditors do not accept every client for several reasons. Firstly, the auditor must assess the risks associated with the client and its operations. This includes considering the client's financial stability, the industry in which it operates, and its history of financial reporting.
Secondly, auditors must assess their own ability to perform the audit effectively. This includes considering the size of the client, the complexity of its operations, and the auditor's own expertise and experience
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What term describes the formal description of a process such as communication?
Model describes the formal description of a process such as communication.
What might a formal description of the communication process look like?Official information must go through authorised, predetermined channels and methods in order to be considered formal communication. Information is regulated and must be intentionally transmitted in order to be effective. A hierarchical structure and chain of command are followed in formal communication.The Transactional Model shows how communication participants simultaneously function as senders AND receivers, constructing reality via their interactions. The personal filters and experiences of the participants have an influence on each communication transaction, making communication more than just a one-way message transfer.Vertical Communications: These conversations take place at multiple organisational levels.To learn more about Transactional Model refer to:
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Blue design was founded by thomas grant in__ ?
Blue design, also known as Santo Design was founded by Thomas Grant in January 2011.
Thomas Grant KC practises commercial chancery, fraud, real estate, banking, and corporate law out of Wilberforce Chambers.
In accordance with the accrual foundation of accounting, an income statement is created. It keeps track of the income received and costs expended over time. However, the revenues that have not yet been earned are classified as a liability rather than being reflected on the statement. The overall expenditures for Santo Design can be determined by summing the costs for salaries and wages, insurance, amortization, supply, and rent. The net income is then calculated by deducting the whole expenses from the total revenue.
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Martha can produce quilts or batches of chocolate chip cookies in a month. jane can produce quilts or batches of chocolate chip cookies in a month. Distinguish between comparative advantage and absolute advantage.
The concept of comparative advantage and absolute advantage are two distinct economic theories that are used to help explain trade.
Comparative advantage is when a person is able to produce a good or service more efficiently than another person, while absolute advantage is when a person is able to produce a good or service more than another person, regardless of how efficient they are.
In this example, Martha and Jane are able to produce either quilts or batches of chocolate chip cookies in a month. Martha has a comparative advantage in quilts while Jane has a comparative advantage in chocolate chip cookies.
This means that Martha is able to produce quilts more efficiently than Jane, while Jane is able to produce chocolate chip cookies more efficiently than Martha.
On the other hand, if Martha was able to produce more quilts than Jane, she would have an absolute advantage over her. It is important to note that having an absolute advantage does not necessarily mean that you have a comparative advantage, since comparative advantage is based on efficiency.
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the periodic rises and falls that occur in economies over time are called_____
The periodic rises and falls that occur in the economies over time are called business cycles.
What are business cycles?Business cycles are a type of fluctuation that can be seen in the overall economic activity of a country; they are characterized by expansions that occur roughly at the same time across many economic activities, followed by broadly similar contractions (recessions). Although not periodic, this series of adjustments occurs frequently. The alternation of phases of expansion and contraction in overall economic activity, as well as the movement of economic variables during each phase of the cycle, are the main characteristics of business cycles. Real GDP, which measures aggregate output, as well as aggregate measures of industrial production, employment, income, and sales serve as indicators of aggregate economic activity and are the primary coincident economic indicators used to determine the peak and trough dates of the U.S. business cycle.
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how should someone work to build or improve their credit?
Someone working to build or improve their credit are:
Learn the legal steps you must take to improve your credit report.Beware of credit-repair scams.Get copies of your credit report —then make sure the information is correct.Pay your bills on time.Understand how your credit score is determined.Credit is the ability to borrow cash or get admission to items or services with the expertise that you will pay later. A debit entry in an account represents a switch of cost to that account, and a credit score entry represents a switch from the account. each transaction transfers fees from credited bills to debited accounts.
Credit score (mortgage) refers to an agreement in which the lender materials the borrower with money, items, or offerings in return for the promise of future payment. The 3 major forms of credit score are revolving credit score, installment, and open credit score. credit permits humans to buy items or services using borrowed cash. The lender expects to get hold of the chargeback with extra money (referred to as interest) after a certain amount of time.
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TRUE/FALSE. All of a company's depreciation, property taxes and insurance premiums are considered manufacturing overhead.
The given statement "All of a company's depreciation, property taxes and insurance premiums are considered manufacturing overhead (MOH)." is False.
What is manufacturing overhead?
All ancillary expenses incurred throughout the production process are referred to as manufacturing overhead. Units created within a reporting period are subject to this overhead. The following are some examples of expenses that fall within the manufacturing overhead category: Depreciation of equipment, wages paid to factory workers, and power utilised to run the equipment are all examples of manufacturing overhead costs.
Therefore , the given statement is false.
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jupiter explorers has $8,600 in sales. the profit margin is 4 percent. there are 4,300 shares of stock outstanding, with a price of $1.90 per share. what is the company's price-earnings ratio?
The price-to-earnings ratio calculator is a tool that assists in determining the price-to-earnings ratio (P/E ratio), which is a metric that assesses how appealing a stock is. Price earnings ratio is 24.09 (Approx).
Find the price-earnings ratio ?By dividing the stock price by the company's annual profits per share, the P/E for a given stock is calculated.
The price-to-earnings ratio calculator is a tool that assists in determining the price-to-earnings ratio (P/E ratio), which is a metric that assesses how appealing a stock is.
Given:
Sale = $8,800
Profit margin = 4% = 0.04
Number of share = 5,300
Market price per share = $1.60
Computation:
Earnings Per share = Profit / Number of shares
Earnings Per share = [8,800 x 0.04] / 5300
Earnings Per share = $0.0664
Price earnings ratio = Market price per share / Earnings Per share
Price earnings ratio = 1.60/0.0664
Price earnings ratio = 24.09 (Approx)
To learn more about price-to-earnings ratio refer
https://brainly.com/question/18372037
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