The thing of strategic planning is long- run profitability and growth. therefore, strategic opinions bear long- term commitments of coffers. Strategic planning provides a long- term vision and therefore attendants long- term commitment of coffers.
Long- term profitability focuses lower on asset deals and further on business planning. Since long- term profitability can affect a company's growth, the fiscal pretensions of the company are generally a factor when determining long- term profitability.
What's the difference between growth and profitability?
Profitability and growth go hand- in- hand when it comes to success in business. Profit is crucial to introductory fiscal survival as a commercial reality, while growth is crucial to profit and long- term success. Investors should weigh each factor as it relates to a particular company.
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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.
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a government decides to set a price ceiling on milk so that milk is affordable to the poor. the conditions of demand and supply are given in the table below. what will the excess supply or the shortage be if the price ceiling is set at $2.40? what is the equilibrium price before the price ceiling?
If the price ceiling is set at $2.40, there will be a shortage of 6,000 units and the price will not reach the equilibrium price of $3.00.
A price ceiling is a government-imposed limit on the maximum price that can be charged for a certain good or service. The main purpose of a price ceiling is to protect consumers from paying excessively high prices, especially for necessities such as housing, food, and healthcare. Price ceilings can be enacted in response to inflation, supply and demand imbalances, or when the market is dominated by monopolies.
However, the implementation of a price ceiling can have unintended consequences. If the demand for a good exceeds the supply, the result can be a shortage. This can lead to long lines, rationing, and black market activities, which can harm the economy. Additionally, a price ceiling can discourage production and innovation, as producers are unable to earn a profit from the goods they produce.
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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.
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an economy that is producing on the production possibility frontier at some point other than the output of efficient allocation is
An economy that is producing on the production possibility frontier at some point other than the output of efficient allocation is operating in an inefficient manner.
This means that the economy is not producing the most output possible with the resources available. This could be due to the use of outdated technology, lack of access to certain resources, or a lack of knowledge about how to best utilize the resources. In addition, it could be caused by a lack of competition in the market or a lack of incentives to innovate. In any case, the economy is not producing the most it could with the resources available, meaning there is an opportunity to increase output by making better use of the resources. This could be done by increasing the efficiency of production, encouraging more competition, or increasing the incentives for innovation. By doing so, the economy can move closer to the output of efficient allocation and increase its overall output.
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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.
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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.
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| 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
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.
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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.
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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.
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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
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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.
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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.
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the money move that has people ditching their bank accounts is called ?
Money is taken out of your bank account when it is debited. A credit is the reverse of a debit because it results in the addition of funds to your account.
What is money?Any tangible object or verifiable record that is commonly accepted as payment for products and services as well as the repayment of debts, such as taxes, in a specific nation or socioeconomic setting is referred to as money.
Money serves as a medium of commerce, a unit of account, a store of value, and occasionally a standard of postponed payment. These are its four main purposes.
Since practically all modern monetary systems are based on unbacked fiat money with no intrinsic value as a commodity, money was historically an emerging market phenomena.
Since money has been deemed legal currency by a government or regulatory body and is therefore required to be accepted as payment within the bounds of the nation, its value is derived by social convention.
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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.
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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.
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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.
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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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suppose that the government imposes a minimum wage of $9. the minimum wage will result in a of thousand unskilled workers. a. shortage; 3 b. surplus; 3 c. surplus; 4 d. shortage; 2
The minimum wage will result in in a D) shortage; 2 f thousand unskilled workers.
When the government imposes a minimum wage, it means that businesses must pay their employees at least the minimum wage or higher. This can lead to a shortage of unskilled workers because businesses may not be able to afford to pay higher wages, and therefore may not be able to hire enough unskilled workers.
On the other hand, if the minimum wage is set too low, businesses may be able to hire more unskilled workers than they actually need, leading to a surplus of unskilled workers. In this case, the minimum wage of $9 is likely to lead to a shortage of 2 thousand unskilled workers because businesses may not be able to afford to pay the higher wages.
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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.
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according to free-market economist friedman, what is the only social responsibility of a business? multiple choice question. environmental sustainability being a good global citizen making profits corporate philanthropy
The correct answer is B. Making profits. This is the view of Milton Friedman, one of the most influential free-market economists of the 20th century.
He maintained that a company's primary social obligation is to maximise profits while abiding by the laws of the market.
He argued that the only way for a business to ensure its long-term viability and success is to focus exclusively on making profits and not to become involved in activities that do not directly contribute to that goal.
He argued that any attempts to use corporate resources for social causes or to pursue philanthropic activities amount to diverting resources from the primary goal of profit-making. He claimed that it is not the responsibility of businesses to become actively involved in social causes or to “solve social problems”.
He argued that businesses should be able to act in the interests of their shareholders without interference from external forces.
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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.
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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.
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