Humanism was an academic trend that emerged during the Renaissance. Humanism promotes the notion that people are the center of their own universe as one of its many tenets.
Wealthy patrons supported the artistic endeavors that were influenced by concepts from Greco-Roman antiquity and subsidized the careers of humanists. Ancient Greek and Roman models were utilised in the works of artists who were influenced by humanists' renewed interest in antiquity.
After the Middle Ages, during the Renaissance, Europe saw a frenzied time of cultural, artistic, political, and economic "rebirth." The rediscovery of classical philosophy, literature, and art was encouraged by the Renaissance, which is frequently regarded as taking place between the 14th and the 17th century.
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You are the HR manager for a fifty-person firm that specializes in the development and marketing of plastics technologies. When you were hired, you felt the company had little idea what you should be paid and just made up a number, which you were able to negotiate to a slightly higher salary. While you have been on the job for three months, you have noticed a few concerning things in the area of multiculturalism, besides the way your salary was offered. The following are some of those items:
a) You know that some of the sales team, including the sales manager, get together once a month to have drinks at a strip club.
b) A Hispanic worker left the organization, and in his exit interview, he complained of not seeing a path toward promotion.
c) The only room available for breast-feeding mothers is the women's restroom.
d) The organization has a policy of offering $200 to any employee who refers a friend, as long as the friend is hired and stays at least six months.
e) The manufacturing floor has an English-only policy.
f) You have heard managers refer to those wearing turbans in a derogatory way.
The HR Manager is in charge of managing the day-to-day operations of the human resource department, including benefit administration, leave management, and the hiring and interviewing of new recruits.
Why do HR incentives matter?Employee incentives are gifts given to employees by employers in appreciation of the successes of the company as a whole. Usually, it entails receiving a monetary reward and may be in addition to wages or salary. Employee rewards can take the form of a gift, free goods, compensated time off, or enhanced stock options.
I'd like to develop a procedure, a system, or some other way to make it possible for all staff members to be aware of the benefits that are accessible to them so that they can act as though they are working from home. People give their best to tasks when they are paid for completing them.
Regarding the scenarios, here are some ideas:
First, I'd like to suggest setting up a notice board for it, where a party announcement will be placed on the day of the event.In the second instance, I want to decide what standards will be used to determine who gets promoted, and I'll keep track of a report on employee promotions every month.My open employment are not for women with young children. If the lady is in need of financial assistance, a separate area other than the restroom should be made available for breastfeeding moms.The fourth circumstance should be advised to urge prompt payment.Please discontinue this organizational practice.Learn more about human resource department: https://brainly.com/question/29022219
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which is the best school personnel to talk to about financial aid?
If you're looking for information about financial aid for school, the best person to speak with would typically be a financial aid officer or a financial aid advisor.
Financial aid officers and advisors are typically employees of the school who specialize in helping students understand their financial aid options and the process for applying for financial aid. They can provide guidance on the different types of financial aid available, including grants, scholarships, loans, and work-study programs. They can also help you understand the eligibility criteria for financial aid, assist you with the application process, and answer any questions you may have about financial aid.
It's recommended to schedule an appointment with a financial aid officer or advisor as early as possible, as the process of applying for financial aid can take several months and it's best to start early. They will be able to provide you with personalized information and support to help you find the best financial aid options for your needs.
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Fill In The Blank in business, dishonesty on financial performance is likely to lead to ______
Other types of ethics infractions include revealing confidential information, releasing proprietary information, and engaging in discrimination. While undoubtedly unethical, actions like bribery, forgery, and theft fall under the category of criminal behavior and are frequently handled outside of the organization.
The articulation of your individual values and views is a crucial component of your personal ethics statement. Integrity, selflessness, honesty, loyalty, equality, justice, empathy, respect, and respect for oneself are a few examples of moral principles. The SIX Code of Conduct establishes the ideals and guidelines that all employees must abide by when dealing with coworkers, customers, other business partners, shareholders, and regulatory bodies, among other stakeholders. It serves as the cornerstone of both SIX's behavior and public persona.
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you are managing the construction of a state-of-the-art hospital. as with any project, this one has had its share of problems. the project sponsors would like to add a new wing to the hospital and designate it solely for the use of diagnostic medicine. which process is sent approved changes related to the construction of the hospital? answers a. validate scope b. monitor and control project work c. direct and manage project work d. close project or phase
Direct and Manage Project Work is sent approved changes related to the construction of the hospital. Option C.
You can manage resources, monitor the execution of a project, and lead a team through the project management process known as "direct and manage project work." This procedure entails carrying out a strategy that a project manager has designed and managing its interfaces.
This strategy must take into account unforeseen events, unforeseen client requests, and budget changes because these variables carry risks that may result in unanticipated work. Applying the direct and management method may aid managers in determining the appropriate course of action to take in order to address these problems and guarantee the success of the initial project.
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the table gives information about a nation's labor force. what is the number ?
There are 40.9 million people who do not work. The percentage of people that are in the labour force is 66.8%.
The labour force is made up of both employed people and unemployed people, and the unemployment rate is calculated by dividing the number of jobless people by the total labour force. All individuals who meet the criteria for inclusion among the employed or jobless during a percentage brief reference period are considered to be part of the entire labour force, often known as the currently active population. In order to produce one unit, multiply the direct labour hourly rate by the production time.
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why would businesses seek to discourage government regulation through acts of corporate social responsibility?
Businesses may seek to discourage government regulation through acts of corporate social responsibility for a number of reasons. Firstly, government regulations often come with significant costs and can hinder the growth of a business.
By demonstrating their commitment to ethical and sustainable practices, businesses may be able to mitigate the need for further regulation. This can help to reduce their compliance costs and allow them to operate more freely.
Another reason businesses may seek to discourage government regulation is that they may believe that they are better equipped to address social and environmental issues than the government. By engaging in acts of corporate social responsibility, businesses can take proactive steps to address these issues and demonstrate their commitment to the community.
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An organization's external stakeholders include Multiple Choice employees, owners, suppliers, and the board of directors. customers, suppliers, strategic allies, and financial institutions top managers, strategic allies, workplace investigators, and nonmanagement employees O local communities, distributors, employees, and the board of regents
An organization's external stakeholders include customers, suppliers, strategic allies, and financial institutions.
Financial institutions are organizations that provide financial services and products to individuals, businesses and other organizations. Examples of financial institutions include banks, credit unions, insurance companies, investment firms, and mortgage companies. These institutions play a critical role in the economy by facilitating the flow of funds from savers to borrowers and by managing and investing funds to maximize returns for their clients. They offer a range of services, including savings and checking accounts, loans, mortgages, investment management and insurance products.
Financial institutions are regulated by government agencies to ensure that they operate in a safe and sound manner and protect the interests of their clients. Overall, financial institutions play a crucial role in promoting economic growth and stability by providing access to credit and investment opportunities, and by facilitating the safe and efficient flow of funds.
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Complete Question: -
An organization's external stakeholders include
a. employees, owners, suppliers, and the board of directors.
b. customers, suppliers, strategic allies, and financial institutions
c. top managers, strategic allies, workplace investigators, and non-management employees
d. local communities, distributors, employees, and the board of regents
The percent frequency of a class is computed by? a. multiplying the relative frequency by 10
b. dividing the relative frequency by 100
c. multiplying the relative frequency by 100
d. adding 100 to the relative frequency
The relative frequency of the a class is multiplied by 100 to determine its percent frequency. (Choice c)
Which relative frequency do you mean?The proportion (fraction or proportion) of number of times a data value appears inside the set of all outcomes to a total amount of results is known as the relative frequency. Divide each incidence by the overall sample size, in this example 20 students, to determine the relative frequencies. The ratio of the total amount of events happening in a scenario to the quantity of times each event occurs is known as relative frequency. Comparative Frequency = Subgroup Frequency/Total Frequency is the formula for relative frequency.
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FILL IN THE BLANK. ____ is the component of the four ps of marketing that is used by marketers to inform, persuade, and remind potential buyers about a product or service to influence their opinions and produce a response.
promotion_ is the component of the four ps of marketing that is used by marketers to inform, persuade, and remind potential buyers about a product or service to influence their opinions and produce a response
promotion includes decisions about advertising, salespeople, direct marketing, public relations, advertising budgets, and more. The main purpose of advertising is to raise awareness of the products and services offered by the company.
4 P's of traditional marketing include product, people, price and location, but many experienced marketers are rethinking everything for the digital age. The 4 P's of marketing refer to the traditional elements surrounding a service or product that a business owner or marketer must consider and evaluate in order to be successful.
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the goodparts company produces a component
Assembly line [tex]1[/tex] is the process's overall capacity limiter, with a weekly capacity of [tex]5,600[/tex] units.
Person capacity is the maximum number of people that may be transported past a specific site within a predetermined amount of time under specific operational conditions without unjustifiable delay, risk, or restriction and with a reasonable degree of predictability. Capacity refers to your ability to do an action or the volume that something can hold. If your bird cage is already full, you cannot cram another feathery companion within without risking the claustrophobia of the bird.
Capacity of assembly line [tex]1 = 140[/tex] units/hour[tex]*8[/tex] hours/day[tex]*5[/tex] days/week
[tex]= 5,600[/tex] units/week.
Capacity of drill machines [tex]= 3[/tex] drill machines [tex]*50[/tex] parts/hour [tex]*8[/tex] hours/day [tex]*5[/tex] days/week
[tex]= 6,000[/tex] units/week.
Capacity of final assembly line[tex]= 160[/tex] units/hour [tex]*8[/tex] hours/day [tex]*5[/tex] days/week
[tex]= 6,400[/tex] units/week.
Assembly line [tex]1[/tex] sets a ceiling on the overall capacity of the process at [tex]5,600[/tex] units per week.
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The Goodparts Company produces a component that is subsequently used in the aerospace industry. The component consists of three parts (A, B, and C) that are purchased from outside and cost 40, 35, and 15 cents per piece, respectively. Parts A and B are assembled first on assembly line 1, which produces 140 components per hour. Part C undergoes a drilling operation before being finally assembled with the output from assembly line 1. There are in total six drilling machines, but at present only three of them are operational. Each drilling machine drills part C at a rate of 50 parts per hour. In the final assembly, the output from assembly line 1 is assembled with the drilled part C. The final assembly line produces at a rate of 160 components per hour. At present, components are produced eight hours a day and five days a week. Management believes that if need arises, it can add a second shift of eight hours for the assembly lines. The cost of assembly labor is 30 cents per part for each assembly line; the cost of drilling labor is 15 cents per part. For drilling, the cost of electricity is one cent per part. The total overhead cost has been calculated as $1,200 per week. The depreciation cost for equipment has been calculated as $30 per week. Determine the process capacity (number of components produced per week) of the entire process.
from the income statement, the corporation had a net income of $724 million for the year. total dividends were $106 million. there were 400 million shares outstanding. how much is the earnings per share? multiple choice $0.72 $1.18 $1.81 $2.72
Earnings per share (EPS) is a financial ratio that measures the amount of net income a company generates for each outstanding share of its common stock. To calculate EPS, you divide the company's net income by the number of outstanding shares of common stock.
In this case, the corporation had a net income of $724 million and there were 400 million shares outstanding, so we can calculate the EPS as follows:
$724 million ÷ 400 million shares = $1.81
So, the answer is $1.81, which is option (C) in the multiple-choice question.
EPS is an important measure of a company's profitability and is widely used by investors and analysts to assess the financial performance of a company. A higher EPS indicates that the company is generating more profit per share and may indicate better financial performance. Conversely, a lower EPS may indicate that the company is not performing as well financially.
It's also worth noting that the amount of dividends a company pays out does not necessarily impact its EPS, as the two figures are calculated differently. In this case, the total dividends were $106 million, which may impact the company's financial performance, but it will not impact the EPS calculation.
In conclusion, the earnings per share (EPS) of the corporation in this case is $1.81, which can be calculated by dividing the net income by the number of outstanding shares of common stock. This financial ratio is an important measure of the company's profitability and is widely used by investors and analysts to assess its financial performance.
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assume person a b and c make up the market for oranges. if the price is $1 per orange, what is the market quantity demanded
Based on the information supplied, the market quantity requested for oranges cannot be calculated. The complete amount of an item or service that customers.
are willing and able to acquire at a given price is known as the market quantity requested. To establish the market amount sought for oranges, information on person A, B, and C's individual requests, such as their individual income, tastes and preferences, and availability of replacements, is required. Based on the information supplied, the market quantity requested for oranges cannot be calculated. The complete amount of an item or service that customers. person a b and c make up the market for oranges. if the price is $1 per orange, what is the market quantity demanded.
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Increasing opportunity costs of producing goods imply that the production possibilities curve will be? a. downward sloping.
b. upward sloping.
c. bowed inward.
d. bowed outward.
The production opportunities curve will be bent outward as opportunity costs for manufacturing items rise. (Choice d)
What do you mean by opportunity costs?According to microeconomic theory, an activity's opportunity cost is the value or gain that is forfeited in exchange for engaging in that activity as opposed to engaging in an alternative activity. More precisely, it means that if you pick for one activity, you forfeit the chance to choose a different one. As an illustration of opportunity cost, taking public transit instead of driving one's own vehicle to a certain location can save money that would otherwise need to be spent on fuel.
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While morality or ethics is primarily concerned with how we __________live, law addresses how we __________ live (in order to avoid legal sanction or punishment).options:- must, should- can, will- should, will- should, must
Morality and ethics are the study of what is right and wrong in human behavior, while law is a system of rules and regulations enforced by the government to govern the behavior of individuals in society.
Morality is concerned with how individuals should live their lives based on their beliefs and values about what is right and wrong. It sets guidelines for good and ethical behavior, but does not have any formal enforcement mechanisms.
On the other hand, law addresses how individuals must live their lives, in order to avoid legal sanctions or punishment. Laws are created by governments and are enforced by the courts, law enforcement agencies, and other institutions. Laws often reflect the moral values and ethical principles of a society, but they also serve as a means of resolving conflicts and protecting the rights and freedoms of individuals.
Therefore, while morality sets the standards for what is considered right and wrong, law provides the framework for enforcing these standards in society. It is important to note that there may be instances where the morality of a situation conflicts with the law, leading to ethical dilemmas and debates over what is just and unjust.
In conclusion, morality and ethics provide guidance on how we should live, while law sets the boundaries for how we must live in order to maintain order and stability in society.
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1.what are the key considerations when evaluating the design and testing of the operating effectiveness of internal controls
There are several key considerations to keep in mind when conducting this evaluation includes Control Objectives, Risk Assessment, Control Design and Testing.
Control Objectives: Consider the objectives of the internal control system, such as preventing fraud and ensuring the accuracy of financial statements, and evaluate whether the design of the controls is effective in achieving these objectives.Risk Assessment: Assess the organization's risk environment, including the potential for fraud and the likelihood of material misstatements, to determine the level of control necessary to mitigate these risks.Control Design: Evaluate the design of internal controls to ensure they are effective and efficient, and that they can be implemented and monitored in a consistent manner.Testing: Conduct testing of the internal controls to determine their operating effectiveness and identify any weaknesses. This can include substantive testing, such as reviewing transactions and other relevant data, as well as control testing, such as reviewing policies and procedures.To read more about internal controls, visit- https://brainly.com/question/29607680
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FILL IN THE BLANK Selling is completely related to creating ______, which is the total benefit that a seller's products and services provide to a buyer.
Selling is directly tied to value creation, which is the whole advantage that a seller's goods and services offer to a buyer.
Whatever is done in the market is done for the delight of the customers, who are the main focus. Aspects of the market that are very crucial. A buyer is a person or a business that makes purchases of commodities or services. A buyer is a finance and business specialist who researches, evaluates, and acquires goods for businesses to sell or use internally. Buyers, who are often referred to as purchasing agents, are constrained by a budget and frequently need to bargain for favourable terms on the goods they wish to buy. Payment of the purchase price and accepting delivery are the buyer's two primary obligations.
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in 1989, the cpi was 124.0. in 1990, it was 130.7. what was the rate of inflation over this period?
In 1989, the cpi was 124.0. in 1990, it was 130.7. The rate of inflation over this period was 5.4%.
To calculate the rate of inflation, we use the formula:
(rate of inflation) = [(new CPI - old CPI) / old CPI] x 100%
Substituting the values given in the question, we get:
(rate of inflation) = [(130.7 - 124.0) / 124.0] x 100%
(rate of inflation) = (6.7 / 124.0) x 100%
(rate of inflation) = 0.054 x 100%
(rate of inflation) = 5.4%
In the field of economics, inflation refers to an increase in the overall cost of goods and services in a country. Each unit of currency may purchase fewer products and services as the overall price level rises, hence inflation is associated with a decline in the buying power of money.
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what should you ask the ceo’s personal assistant?
If you meet with the CEO's personal assistant, you should ask questions that will help you understand the CEO's responsibilities, goals, and objectives. Specifically, you can ask about the CEO's current areas of focus, the types of projects the CEO is working on, and the amount of time the CEO spends on each project.
In addition, you can ask the personal assistant how the CEO wants to be contacted and what is the best way to arrange a meeting with the CEO. Finally, you can ask about the CEO's daily schedule and how a personal assistant can help you navigate it. By asking the right questions, you can better understand the role of the CEO and how best to communicate with them.
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you are the director of health information services at a tertiary-care hospital. you and the director of emergency room services are jointly responsible for reporting instances of communicable disease, child abuse, and cancer to the appropriate state authority. you have just completed an audit of your institution's reporting mechanism and discovered that the reporting requirements are not consistently met. the audit could not definitively establish because the reporting was not documented in the patient's health record. question: explain what legal issues are present in this scenario and what the department of health
A legal issue is an occurrence that has legal ramifications and may require the assistance of a lawyer to resolve. It is an issue or query that the law addresses or resolves.
What role do laws pertaining to health play in society and the lives of its people?Health laws are used to formalize adherence to objectives, such as the objective of universal health coverage, and to inspire action. People use the law to establish various associations and organizations (like hospitals) to promote collaboration and achieve health goals (such as contracts for providing health services)
Why is legal responsibility crucial to health and social care?Working within your duty of care and protecting adults is not only required by law, but it will also benefit those you care for by enabling you to provide high-quality care, reduce workplace incidents and create a safer atmosphere, and enable individuals to voice any concerns they may have.
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The Great Depression's legacy includes
Some long-lasting inventions to reduce risk in people's lives and various economic sectors are among the Great Depression's lasting effects. These include the Social Security Act of 1935's elements for an old-age pension and jobless assistance
What causes Great Depression's ?It started after the 1929 stock market catastrophe, which paralysed Wall Street and caused the loss of millions of investors. Consumer investment and spending fell during the following years, which led to sharp drops in manufacturing employment and output as faltering businesses laid off workers. The greatest and longest economic depression in modern history was the Great Depression, which lasted from the late 1920s through the early 1930s. It lasted for about ten years (from late 1929 to around 1939), affected almost every nation on earth, and was characterised by rapid drops in industrial prices and production (deflation), massive unemployment, bank panics, and sharp rises in poverty and homelessness rates.
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how long after selling stock can you withdraw robinhood
The lesson in terms of money Most significantly, you cannot withdraw funds until five operating days have passed since you transferred funds through Robinhood. Additionally, you can't cash out the funds until three different business days have passed since your sold your equities, ETFs, or choices.
How lengthy is the transfer period after yet another stock sale on Robinhood?
Prior immediately transferring money to your bank account after making a sale through their Robinhood account, the money must first settlement. It usually takes two trading days to complete this part of the procedure. Settlement occurs two business days just after transaction is performed for both the majority of stock transactions.
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explain whether the increase in u.k. hop production is a change in supply or a change in the quantity supplied.
The increase in U.K. hop production can be considered a change in the quantity supplied.
In economics, the quantity supplied refers to the amount of a good or service that a producer is willing and able to offer for sale at a given price. If the amount of hop production in the U.K. increases, it means that the producers are willing and able to supply more hops to the market, which would result in an increase in the quantity supplied.
On the other hand, a change in supply refers to a shift in the entire supply curve, either to the right (increase in supply) or to the left (decrease in supply), in response to changes in market conditions such as changes in price, technology, or resource availability.
An increase in supply would result in a lower price for hops, as the market would be flooded with more hops than before. Therefore, the increase in U.K. hop production is an increase in the quantity supplied, not a change in supply.
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to which of the problems in the construction of the cpi is the invention of pocket-sized computers most relevant?
The invention of pocket-sized computers is not directly relevant to any specific problem in constructing the Consumer Price Index (CPI).
The Consumer Price Index measures the average change in prices of a basket of household goods and services. Its construction involves collecting price data, weighing the prices, and aggregating the data. The invention of pocket-sized computers may indirectly impact the collection and processing of price data for the CPI. Still, it is not directly related to any specific problem in its construction.
The invention of pocket-sized computers may improve the efficiency and accuracy of data collection for the CPI, but it does not solve any specific problems in its construction.
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which one of these rates is most directly affected by the federal reserve board?
rates is most directly affected by the federal reserve board Fed Funds Rate
The Federal Reserve System is the name of the country's central banking system (often abbreviated as the Fed or just the Fed). Following a number of financial panics, notably the Panic of 1907, the Federal Reserve was founded with the passing of the Federal Reserve Act on December 23, 1913, in response to the necessity for centralised supervision of the monetary system to avert financial disasters. [list 1] Because of events like the Great Depression in the 1930s and the Great Recession in the 2000s, the Federal Reserve System's duties and powers have expanded over time. Congress set three key objectives for monetary policy in the Federal Reserve Act: boosting employment, preserving price stability, and lowering long-term interest rates.
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Jill Morris is presently leasing a small business computer from Eller Office Equipment Company. The lease requires 14 annual payments of $13,000 at the end of each year and provides the lessor (Eller) with an 9% return on its investment. You may use the following 9% interest factors: 10 Periods 14 Periods 16 Periods Future Value of 1 2. 36736 3. 34173 3. 97031 Present Value of 1 0. 42241 0. 29925 0. 25187 Future Value of Ordinary Annuity of 1 15. 19293 26. 01919 33. 00340 Present Value of Ordinary Annuity of 1 6. 41766 7. 78615 8. 31256 Present Value of an Annuity Due of 1 6. 99525 8. 48690 9. 06069 Assuming the computer has a ten-year life and will have no salvage value at the expiration of the lease, what was the original cost of the computer to Eller?
a. The payments of $13,000 are constant so this can be considered an Annuity.
The cost of the Computer is it's present value which is,
Present Value of Annuity = Annuity Payment * Present Value Interest Factor of Annuity, 9%, 14 periods
= 13,000 * 7. 78615 (Payment is made at the end of the year so this is an Ordinary Annuity)
= $101,219.95
b. When an Annuity is instead paid at the beginning of the period it is considered to be an Annuity due.
The formula is the same but for the figures ,
Present Value of Annuity Due = Annuity * Present Value Interest Factor of an Annuity Due, 9% , 14 periods
101,219.95 = Annuity * 8. 48690
Annuity = 101,219.95/8. 48690
= $11,926.6104
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the study of how to increase resources or create conditions that will make better use of them is
The study of how to increase resources or create conditions that will make better use of them is: Resources development.
Resource development can be defined as the way resources are conserved or obtained, enhanced, and used to meet the needs and goals of an organization or society.
The primary goals of the resource development are to support economic growth, improve living standards, and ensure community and individual well-being.
So the statement that completes the given sentence is the resource development.
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the price of sweetener that goes into sweet tea goes up. what factor is going to show the shift?group of answer choicestechnologynumber of consumerssubstituteprice of input device
The equilibrium price will drop with a drop in demand, and supply will increase less than demand. The equilibrium price will decrease with an increase in supply while the quantity required will rise, all other factors being equal. The equilibrium price will increase with a drop in supply, but the amount required will go down.
What would lower the equilibrium of price of tea?The price at which the quantity of supply and demand is balanced is known as the equilibrium price. The point where the demand and supply curves cross is what determines it.There is a surplus when there is more supply of an item or service than there is demand for it at the going rate; this forces the price down. If there is a demand for more of a good or service than it is currently being offered for, there is a shortage, which pushes prices up.The equilibrium price will rise due to an increase in demand, while remaining constant in all other respects, and supply will grow.You must be aware of the direction and magnitude of each curve's shift in order to predict what will happen to equilibrium pricing and equilibrium quantity when both the supply and demand curves move.A summary of supply and demand in the product and factor markets is given by the circular flow model, along with a suggestion of the connections between these markets.To Learn more About equilibrium price Refer TO:
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measurement of productivity in service is more straightforward than in manufacturing since it is not necessary to take into account the cost of materials. True/false
The given statement "measurement of productivity in service is more straightforward in comarison to manufacturing since it is not necessary to take into account the cost of materials" is false because measuring productivity in the service sector can be more challenging .
Measuring productivity in the service sector is not necessarily more straightforward than in manufacturing. In fact, measuring productivity in the service sector can be more challenging due to the intangible nature of services and the difficulty in quantifying output.
In both sectors, it is important to consider multiple factors when measuring productivity, including cost, time, quality, and customer satisfaction. Additionally, in both manufacturing and service industries, it can be challenging to take into account all of the factors that contribute to productivity, such as human capital, technology, and organizational structure.
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The cost of production plus producer surplus is the price a seller is paid. O O a. True b. False
True, The price a seller is paid is comprised of the cost of production plus producer surplus.
If the price paid to a seller is less the cost of manufacturing, is producer surplus equal to that amount?The amount that sellers receive for their goods less their production costs is used to compute producer surplus, which measures the benefit that sellers earn from participating in a market. You may compute the producer surplus by identifying the area that is above the supply curve and below the pricing.
The sum of consumer and producer surpluses also constitutes social welfare.Consumer surplus and producer surplus are added to create social surplus, also known as economic surplus or total surplus. In the case of quantity and price equilibrium, social surplus is more than it would be for any other quantity.
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accrual accounting involves accruals and deferrals. which of the following best describes accruals and deferrals? accruals are concerned with past cash receipts and payments, while deferrals are concerned with expected future cash receipts and payments. accruals are concerned with expected future cash receipts and payments, while deferrals are concerned with past cash receipts and payments. both accruals and deferrals are concerned with past cash receipts and payments. both accruals and deferrals are concerned with expected future cash receipts and payments.
Accruals and deferrals are both used in accrual accounting. Accruals and deferrals are best described by the statement that the accruals are concerned with predicted future cash receipts and payments, whereas deferrals are concerned with past cash receipts and payments. Thus, option B is correct.
Accrual accounting is defined as a technique of accounting in which income and costs are recorded when a transaction happens, rather than when payment is received or made. The matching principle states that income and costs should be recorded at the same time.
Accruals arise when cash is exchanged following the delivery of goods or services, and the deferrals happen when the exchange of money comes before the delivery of goods and services.
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