Another name for the individuals of a firm that are charged with making the purchase decisions is


A: professional buyers


B: company advocates


C: business vendors


D: formal acquisitioners


E: consumer groups

Answers

Answer 1

Another name for the individuals of a firm that are charged with making the purchase decisions is Professional buyers. The correct option is A.

Professional buyers are responsible for making purchasing decisions on behalf of their company or organization. The individuals of a firm who are charged with making purchase decisions are commonly referred to as professional buyers or purchasing managers.

These individuals are responsible for identifying the products and services that the company needs, evaluating potential suppliers, negotiating prices and contracts, and ultimately making purchasing decisions on behalf of the organization.

Professional buyers play a critical role in the success of any business, as their decisions can have a significant impact on the company's bottom line. By identifying the most cost-effective suppliers and negotiating favourable contracts, professional buyers can help their companies save money and improve their competitiveness in the marketplace.

In addition to their financial responsibilities, professional buyers also play an important role in maintaining positive relationships with suppliers. They must work closely with suppliers to ensure that products and services are delivered on time and meet the company's quality standards.

This requires strong communication skills and the ability to build trust and rapport with suppliers over time.

Overall, the role of professional buyers is essential to the success of any business. By carefully evaluating suppliers and making informed purchasing decisions, these individuals help their companies to operate more efficiently, reduce costs, and ultimately achieve their strategic objectives.

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Related Questions

subject : sales and purchasing management
Coca-Cola has been one of the popular drinks around the World but, during the last 20 years, its popularity has declined among several groups of consumers. Among the main reasons for the decline of popularity, there reasons are associated to the increase of health diseases such as obesity, diabetes and other weight related problems has led to questioning the ingredients in the product. For instance, more than 30 percent of the adults are obese in US. The high sugar content in the product has been the main reason behind this health issues. Governments around the world are considering extra-taxations and prohibition to foster the reduction high sugar contents in this type of products. As stated previously, people have started to change their attitude towards the product and have given more importance to healthier lifestyles. This change from the consumer has affected the sales of Coca-Cola company and its reputation.
a) Based on the previous inputs and your knowledge of the case, identify how Coca-cola is redefining its sales strategy based on acquisitions of external brands and product innovation?

Answers

Coca-Cola is redefining its sales strategy based on acquisitions of external brands and product innovation as Coca-Cola has been attempting to address the negative publicity regarding the unhealthy effects of its beverages, particularly in relation to obesity and diabetes.

It's been like this for more than ten years. This scrutiny by the public has made Coca-Cola look for new ways to change its sales strategy to meet the requirements of its customers.

Coca-Cola has sought to expand its portfolio by acquiring other brands to improve its image and expand its market reach.

One of the most important purchases was that of Innocent Drinks, a UK company that makes smoothies. Coca-Cola bought a 58 percent stake in Innocent Drinks in 2009.

This gave it access to the UK smoothie market, which is growing quickly. Innocent Drinks was a great fit for Coca-Cola because it was a healthy, natural fruit juice that went well with the company's main drink product.

The acquisition of Honest Tea, an organic tea firm, was another vital acquisition for Coca-Cola in 2011.

It has also led to the introduction of a new product line, the 'Smartwater' brand, which emphasizes hydration and contains no calories.

Coca-Cola has even put more money into research and development to come up with healthier options for its customers.

Coca-Cola has also been able to keep up with the changing health food industry by making a new line of products that meet market needs.

For example, Coca-Cola Life was made, which is a Coca-Cola product that is naturally sweetened and has less calories.

By taking these steps, Coca-Cola has been able to keep its position as a leading beverage maker and show its customers that it cares about their health.

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I need help figuring out the double decking-balance method the last I got 77,737 and 25910 and 6353 it says it’s wrong?

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The double-declining balance method is a way to calculate the depreciation of an asset over its useful life. Here are the steps to find the correct values:

1. Determine the asset's initial cost, its salvage value, and its useful life in years.


2. Calculate the straight-line depreciation rate: Divide 1 by the useful life in years.


3. Double the straight-line depreciation rate: Multiply the straight-line depreciation rate by 2.


4. Calculate the depreciation expense for each year: Multiply the current book value of the asset (initial cost minus accumulated depreciation) by the double-declining balance rate.


5. Subtract the depreciation expense from the current book value to get the new book value for each year.


6. Repeat steps 4 and 5 for each year of the asset's useful life, stopping when the book value reaches the salvage value.

It's essential to have the correct initial cost, salvage value, and useful life in years for the asset to calculate the depreciation correctly. Please recheck these values and use the steps above to find the correct double-declining balance depreciation amounts.

Keep in mind that the double-declining balance method results in higher depreciation amounts in the early years of an asset's life and lower amounts in the later years. If your calculated values are still incorrect, ensure you are using the right method and double-check your calculations.

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Assume that at the end of 2020, Clampett, Incorporated (an S corporation) distributes property (fair market value of $44,500, basis of $6,500) to each of its four equal shareholders (aggregate distribution of $178,000). At the time of the distribution, Clampett, Incorporated, has no corporate earnings and profits and J. D. Has a basis of $50,600 in his Clampett, Incorporated, stock. How much total income does J. D. Recognize as a result of the distribution

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In this scenario, since Clampett, Incorporated is an S corporation, the income, deductions, and credits of the corporation flow through to the shareholders, and are reported on their individual tax returns.

When an S corporation distributes property to its shareholders, the distribution is generally tax-free to the extent of the shareholder's basis in their stock. Any amount in excess of the shareholder's basis is treated as a capital gain.

In this case, J.D.'s basis in his Clampett, Incorporated stock is $50,600. Since the fair market value of the property he received in the distribution is $44,500 and his basis is greater than that amount, the distribution is tax-free to him. J.D. does not recognize any income as a result of the distribution.

However, it's worth noting that if J.D.'s basis had been less than $44,500, he would have recognized capital gain income equal to the excess of the distribution over his basis. But since his basis is greater than the fair market value of the distributed property, he doesn't have to recognize any income.

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On december 31, 2018, wasley corporation borrowed $500,000 on a 10%, 10-year mortgage note payable. the note is to be repaid with equal semiannual installments, beginning june 30, 2019.

required:
a. compute the amount of the semiannual installment payment using a financial calculator or excel, and round amount to the nearest dollar.
b. prepare the journal entry (1) to record wasley's borrowing of funds on december 31, 2018, (2) to record wasley's installment payment on june 30, 2019, and (3) to record wasley's installment payment on december 31, 2019.

Answers

(A)Rounding to the nearest dollar, the semiannual installment payment is $33,449. To record the second semiannual installment payment $9,284 principal repayment.

(a). To calculate the amount of the semiannual installment payment, we can use the following formula:

PMT = (PV × i) / (1 - (1 + i)⁻ⁿ)

Where:

PV = present value of the loan = $500,000

i = semiannual interest rate = 10% / 2 = 5%

n = total number of payments = 10 years × 2 = 20 semiannual periods

Plugging in these values, we get:

PMT = ($500,000 × 0.05) / (1 - (1 + 0.05)⁻²⁰)

= $33,448.55

Rounding to the nearest dollar, the semiannual installment payment is $33,449.

(b). The journal entries to record Wesley Corporation's borrowing and installment payments would be as follows:

December 31, 2018

Cash $500,000

Mortgage Note Payable $500,000

(To record the borrowing of funds on a 10%, 10-year mortgage note payable)

June 30, 2019

Mortgage Note Payable $16,724

Interest Expense $25,776

Cash $33,500

(To record the first semiannual installment payment:

$500,000 / 20 = $25,000 interest for the period,

$33,449 - $25,000 = $8,449 principal repayment)

December 31, 2019

Mortgage Note Payable $17,335

Interest Expense $24,165

Cash $33,500

(To record the second semiannual installment payment:

$492,551 / 19 = $24,165 interest for the period,

$33,449 - $24,165 = $9,284 principal repayment)

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Apply principles for the success of the trainingExplain in details

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There should be a well-thought-out plan before the training, including objectives, methods, content, trainers, and logistics, among other things.

How to ensure the success of a training program

To ensure the success of a training program, apply the following principles:

1. Set clear objectives: Define the specific goals and outcomes you want the participants to achieve by the end of the training.

2. Engage learners: Make the training interactive and relevant to the participants, using real-life examples and practical exercises to maintain interest and facilitate understanding.

3. Use varied teaching methods: Combine different instructional techniques, such as lectures, discussions, case studies, and hands-on activities, to cater to different learning styles.

4. Provide timely feedback: Offer constructive feedback throughout the training to help participants understand their progress and areas for improvement.

5. Assess learning: Regularly evaluate participants' understanding of the material through quizzes, tests, or practical exercises to ensure they are retaining the information.

6. Encourage self-directed learning: Empower participants to take charge of their learning by providing resources and opportunities for them to explore topics on their own.

7. Adapt to the learners' needs: Be flexible and adjust the training content and delivery to meet the unique needs of the participants.

8. Foster a positive learning environment: Create an atmosphere of trust and support where participants feel comfortable asking questions and sharing their experiences.

9. Reinforce learning: Provide opportunities for participants to practice and apply their new skills and knowledge, both during and after the training.

10. Evaluate the training's effectiveness: Gather feedback from participants and analyze the results to measure the success of the training and identify areas for improvement.

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Bonnie purchased a 10-year bond on 1/1/2000, after the coupon was paid on that date. the bond was purchased to yield 4% per year convertible quarterly. the coupons are paid at 5% convertible quarterly. the bond is redeemable at par at the amount of 10,000. bonnie received a coupon on 7/1/2005. what is the amortization of premium of the coupon she just received

Answers

The amortization of the premium for the coupon Bonnie received on 7/1/2005 can be calculated by finding the difference between the coupon payment and the interest income generated by the bond at the prevailing yield.

Given the 10-year bond's face value of $10,000 and a 4% yield convertible quarterly, the quarterly interest rate is 1% (4% divided by 4). The coupon payment is 5% of the face value, or $500. At the 1% quarterly yield, the interest income would be $100 (1% of $10,000).

Therefore, the amortization of premium is $500 - $100 = $400. This represents the portion of the coupon payment exceeding the interest income and contributes to reducing the premium over time.

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Ideally how does an organization apply the concept of preference to ensuring consistency of decision making across different units of the organization

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The concept of preference in decision making is crucial for an organization to ensure consistency across different units. Ideally, an organization can apply this concept by establishing clear and consistent criteria for decision making, communicating these criteria to all units, and regularly evaluating decision outcomes.

This includes the identification of key stakeholders and their preferences, as well as an understanding of the organization's values and goals. By incorporating preference into decision making, an organization can avoid making decisions based solely on personal bias or situational factors, and instead make decisions that are fair and objective.

This can also help to build trust and transparency within the organization and improve overall performance.

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Which are the most likely uses of capital invested in a business? Check all that apply.a. paying taxesb. hiring workersc. repaying investorsd. producing goodse. distributing goodsf. buying materials

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The most likely uses of capital invested in a business include hiring workers, producing goods, distributing goods, and buying materials.

Hiring workers is essential for the growth of a business as it helps to increase productivity and expand the company's operations. Producing goods is another important use of capital as it enables the business to create products that can be sold to generate revenue. Distributing goods is also crucial for the success of the business as it allows customers to access the products and services offered.

Lastly, buying materials is necessary to produce goods and keep the business operations running smoothly. Paying taxes and repaying investors are also important, but these uses of capital are usually secondary to the primary focus of generating revenue and expanding the business. In conclusion, the most likely uses of capital invested in a business revolve around the creation, distribution, and sale of products and services. The correct option is b, d, e, and f.

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You are required to identify, categorise and critique Netflix asa marketing innovation, give the relevant background informationand the context of the innovation.

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A student has asked to identify, categorize, and critique Netflix as a marketing innovation. The relevant background information and the context of the innovation should also be provided. Netflix is a streaming service that was first established in the United States in 1997 as a DVD rental service. The company began offering streaming services in 2007. Since then, the company has expanded its services to include original content, documentaries, and movies.

Netflix can be categorized as a marketing innovation because it has transformed the way people consume media. The company has made it possible for people to watch television shows and movies at any time, from anywhere. This has been achieved through the development of a proprietary streaming platform, as well as partnerships with major television networks and movie studios.

The innovation is important because it has disrupted traditional television networks and created a new way for people to consume media. It has also created new opportunities for content creators, such as independent filmmakers and documentarians. However, there are criticisms of the company's business model, particularly with regards to its use of data and privacy concerns.

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if a purely competitive firm is currently facing a situation where the price of its product is lower than the average variable cost, but it believes that the market demand for its product will increase soon, then:

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If a purely competitive firm is currently facing a situation where the price of its product is lower than the average variable cost, but it believes that the market demand for its product will increase soon, then the firm should continue to produce and sell its product, even though the current price is lower than the average variable cost.

The firm should continue to produce and sell its product because it believes that the market demand for its product will increase soon. By continuing to produce and sell its product, the firm can benefit from increased demand in the future.

Additionally, the firm can make up for the current losses caused by selling its product at a lower price than the average variable cost by increasing its production and selling more of its product when the demand increases.

This will result in an increase in the firm's revenues and profits, which will more than make up for the current losses. Furthermore, if the firm stops producing and selling its product, it will lose out on any potential profits that could be made when the demand increases.

Therefore, it is in the firm's best interest to continue producing and selling its product, even though the current price is lower than the average variable cost.

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Imagine, you have been appointed as a MIS executive at a local company (XYZ Company) in Bangladesh. Your CEO is planning to invest money on implementing cutting edge technology in the organization. He asked you to prepare a report in which you have to summarize the impact of the introduction of e-business on different aspects of an organization

Answers

As a MIS executive at XYZ Company, I am pleased to present a report on the impact of the introduction of e-business on different aspects of the organization.

Introduction:
E-business, also known as electronic business, is the conduct of business processes on the internet. It involves the exchange of goods, services, and information through electronic means. The introduction of e-business in an organization can have a significant impact on various aspects of the organization.

Impact of e-business on different aspects of an organization:

1. Sales and Marketing:
The introduction of e-business can have a positive impact on the sales and marketing of an organization. E-business provides an opportunity to reach a wider audience through online marketing techniques. It allows customers to browse and purchase products or services from the comfort of their homes, resulting in increased sales.

2. Customer Service:
E-business can improve customer service by providing 24/7 access to customer support through online chat, email, or phone. Customers can also track their orders and receive real-time updates on the delivery status of their products, resulting in increased customer satisfaction.

3. Supply Chain Management:
E-business can streamline supply chain management by automating procurement, inventory management, and order processing. It can result in reduced lead times, increased efficiency, and cost savings.

4. Human Resources:
E-business can impact human resources by providing online recruitment and training for employees. It can also facilitate remote working, resulting in increased flexibility and work-life balance for employees.

5. Financial Management:
E-business can improve financial management by facilitating online transactions, reducing transaction costs, and providing real-time financial reporting. It can result in increased transparency and accuracy in financial reporting.

Conclusion:
In conclusion, the introduction of e-business can have a significant impact on various aspects of an organization, including sales and marketing, customer service, supply chain management, human resources, and financial management. It can result in increased efficiency, cost savings, and customer satisfaction. Therefore, it is recommended that XYZ Company invest in e-business to remain competitive in the rapidly evolving business landscape.

Another name for the carer is a respite worker true or false?

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The given statement that "Another name for carer is a respite worker" is True.

A carer is someone who provides support and care to a person who needs assistance with daily living tasks due to illness, disability, or old age. A respite worker, on the other hand, is someone who provides temporary relief to carers by taking over their responsibilities for a short period of time.

This allows carers to take a break, attend to their own needs or responsibilities, or simply recharge their batteries. Respite workers can provide care in a variety of settings, including in the person's home, in a care facility, or in the community.

They may be employed by a government agency, a non-profit organization, or a private company. In some cases, respite workers may be family members or friends who step in to help out on a temporary basis. While the terms "carer" and "respite worker" are not synonymous, they are closely related and often work together to ensure the wellbeing of the person receiving care.

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He common stock of Leaning Tower of Pita Inc. , a restaurant chain, will generate payoffs to investors next year, which depend on the state of the economy, as follows: Dividend Stock Price Boom $ 8 $ 240 Normal economy 4 90 Recession 0 0 The company goes out of business if a recession hits. Assume for simplicity that the three possible states of the economy are equally likely. The stock is selling today for $80. A-1. Calculate the rate of return to Leaning Tower of Pita shareholders for each economic state. (Negative amounts should be indicated by a minus sign. Enter your answers as a percent rounded to 2 decimal places. ) a-2. Calculate the expected rate of return and standard deviation of return to Leaning Tower of Pita shareholders. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. )

Answers

To calculate the rate of return for each economic state, we need to use the formula: (Payoff - Initial Investment) / Initial Investment. The rate of return for each economic state is 210%, 17.5%, and -100%. The expected rate of return is 14.17% and the standard deviation of return is 84.37%.


For the Boom state, the payoff is $8 in dividends and $240 in stock price. So the total payoff is $248. The rate of return is then: ($248 - $80) / $80 = 210%.
For the Normal state, the total payoff is $94 ($4 in dividends and $90 in stock price). The rate of return is then: ($94 - $80) / $80 = 17.5%.
For the Recession state, the company goes out of business and the payoff is $0. The rate of return is then: ($0 - $80) / $80 = -100%.
To calculate the expected rate of return, we need to take the weighted average of the rate of return for each state, where the weights are the probabilities of each state. Since each state is equally likely, the probability is 1/3 for each state.
So the expected rate of return is: (210% + 17.5% - 100%) / 3 = 42.5% / 3 = 14.17%.
To calculate the standard deviation of return, we need to use the formula: SQRT(SUM[(Ri - Rmean)^2 * Pi]), where Ri is the rate of return for each state, Rmean is the expected rate of return, and Pi is the probability of each state.
So the standard deviation is: SQRT[((210% - 14.17%)^2 * 1/3) + ((17.5% - 14.17%)^2 * 1/3) + ((-100% - 14.17%)^2 * 1/3)] = 84.37%.
In summary, the rate of return for each economic state is 210%, 17.5%, and -100%. The expected rate of return is 14.17% and the standard deviation of return is 84.37%. These calculations indicate that while there is potential for a high rate of return in a boom state, there is also a significant risk of losing all investment in a recession. The expected rate of return and standard deviation suggest that the investment is relatively risky overall.

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recording a sales-type lease with a selling profit is similar to recording: multiple choice a purchase on account. an exchange of assets. a sale of a fixed asset. a sale of merchandise on account.

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Recording a sales-type lease with a selling profit is similar to recording a sale of a fixed asset.

In a sales-type lease, the lessor (seller) transfers ownership of the asset to the lessee (buyer) at the end of the lease term, and the transaction is recorded as a sale of the asset. Therefore, the lessor recognizes a selling profit, which is similar to the profit recognized in the sale of a fixed asset.

In contrast, a purchase on account is a transaction where the buyer purchases goods or services on credit and promises to pay the seller at a later date. An exchange of assets involves the exchange of one asset for another, and a sale of merchandise on account involves the sale of goods on credit. These transactions are different from a sales-type lease with a selling profit.

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Geisel, Incorporated reported net sales revenue of $511,000 in 2021 and $618,000 in 2022. The company’s ending net receivables were $121,000 at December 31, 2020 and $120,000 at December 31, 2021. At December 31, 2022, the company had Accounts Receivable of $148,000 and an unadjusted debit balance in its Allowance for Doubtful Accounts account of $1,400. The company reported Bad Debt Expense of $7,240 during 2022. Required: Determine the net receivables at December 31, 2022. Calculate the receivables turnover ratio for 2021 and 2022. Calculate the days to collect for 2021 and 2022

Answers

The days to collect is calculated by dividing the average accounts receivable balance by the daily credit sales:  62.7 days.

To adjust the allowance, we need to estimate the amount of uncollectible receivables based on a percentage of the ending accounts receivable balance. Let's assume that Geisel, Incorporated estimates that 2% of its ending accounts receivable balance will be uncollectible.

The adjustment to the allowance for doubtful accounts will be:

Ending Accounts Receivable Balance as of 12/31/2022: $148,000

Estimated Bad Debt Expense: $148,000 x 2% = $2,960

Adjustment to Allowance for Doubtful Accounts: $2,960 - $1,400 (unadjusted balance) = $1,560 (credit)

Therefore, the adjusted balance in the Allowance for Doubtful Accounts account at December 31, 2022 is a credit balance of $1,560.

Net receivables at December 31, 2022, we need to subtract the allowance for doubtful accounts from the accounts receivable balance:

Net Receivables as of 12/31/2022: $148,000 - $1,560 = $146,440

The receivables turnover ratio is calculated by dividing net sales revenue by the average accounts receivable balance:

Receivables Turnover Ratio for 2021: $511,000 ÷ [(($121,000 + $120,000) ÷ 2)] = 4.24 times

Receivables Turnover Ratio for 2022: $618,000 ÷ [(($120,000 + $148,000) ÷ 2)] = 4.00 times

The days to collect is calculated by dividing the average accounts receivable balance by the daily credit sales:

Days to Collect for 2021: [(($121,000 + $120,000) ÷ 2) ÷ ($511,000 ÷ 365)] = 67.6 days

Days to Collect for 2022: [(($120,000 + $148,000) ÷ 2) ÷ ($618,000 ÷ 365)] = 62.7 days

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When businesses need to formalize the information provided to employees, customers, or other businesses, they often use which type of communication?.

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When businesses need to formalize the information provided to employees, customers, or other businesses, they often use written communication.

This can take the form of letters, memos, reports, emails, newsletters, manuals, policies, contracts, and other types of written documents.

Written communication provides a permanent record of information that can be referred to later, and it allows for precise and specific wording to be used to convey complex ideas or instructions. It also ensures that the same message is communicated consistently to everyone who receives it.

In formal business communication, it is important to use a professional tone and adhere to standard formatting and style guidelines. The goal is to clearly convey the intended message while maintaining a professional image for the company.

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Leaders have the ability to analyze complex data and identify O Finances O Conflict operations patterns Select the best response to the following questions. A company that is concerned with operational efficiency practices which management style? O Team O Impoverished O Authority-compliance Country club

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A company that is concerned with operational efficiency practices and Authority-compliance management style.

Operational efficiency is the ratio of the productivity of an organization's inputs to its outputs. Companies that are operationally effective produce high-quality goods and services at a lower cost than their rivals, resulting in greater profitability. Here, we will look at the management style that a company would use if it prioritized operational efficiency.

The authority-compliance management style, often known as autocratic leadership, is characterized by a top-down hierarchical structure with one individual making decisions for the whole organization. The leader has complete authority and control over the team's activities, and the subordinates are expected to follow his or her directives unquestioningly. This management style is often used in organizations that prioritize operational efficiency over employee participation. Authority-compliance management style makes it simple for decisions to be made and instructions to be followed quickly and efficiently without significant debate, leading to high levels of productivity.

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Clare fran is buying a new chevy volt for $39,000 with an interest charge of $4800. she sets up a loan, and repays it over 25 equal monthly payments for 25 months. what will be her monthly payment

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Clare Fran's monthly payment for the loan will be $1,752.

Clare Fran is buying a new Chevy Volt for $39,000 with an interest charge of $4,800. To determine her monthly payment, we first need to add the interest charge to the cost of the car:

$39,000 + $4,800 = $43,800

Now, we'll divide the total amount to be repaid ($43,800) by the number of equal monthly payments (25 months):

$43,800 ÷ 25 = $1,752

So, Clare Fran's monthly payment for the loan will be $1,752.

We can also use a loan payment formula, such as the PMT function in Excel, to calculate the monthly payment.

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When preparing a flexible budget, the level of activity ______.

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When preparing a flexible budget, the level of activity is a key factor that is taken into account. A flexible budget is a budget that adjusts according to the actual level of activity achieved in a given period.

The level of activity is generally measured in terms of the volume of sales, production or other relevant activities.The flexible budget is prepared by analyzing the expected changes in revenues, costs, and expenses based on the actual level of activity achieved. As the level of activity changes, the costs and expenses also vary. By preparing a flexible budget, a company can determine the expected revenues and costs at different levels of activity, enabling it to make better decisions about resource allocation, production levels, pricing, and other business decisions.

In summary, the level of activity is a critical factor in the preparation of a flexible budget, as it enables a company to anticipate changes in costs and expenses as activity levels change, allowing it to make informed decisions about its operations.

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Beginning inventory, purchases, and sales data for portable dvd players are as follows:

june 1 inventory 240 units at $78
10 sale 180 units
15 purchase 280 units at $80
20 sale 220 units
24 sale 90 units
30 purchase 320 units at $86

the business maintains a perpetual inventory system, costing by the last-in, first-out method. determine the cost of merchandise sold for each sale and the inventory balance after each sale.

Answers

Using the Last-In, First-Out (LIFO) inventory costing method, the cost of merchandise sold and inventory balance

Inventory balance after each sale can be calculated as follows:

June 1 inventory: 240 units at $78 = $18,720

June 10 sale: 180 units at $80 (last purchase cost) = $14,400

Inventory balance: 60 units at $78 (beginning inventory cost) = $4,680

June 15 purchase: 280 units at $80 = $22,400

Inventory balance: 340 units at $80 = $27,120

June 20 sale: 220 units at $80 (last purchase cost) = $17,600

Inventory balance: 120 units at $80 = $9,600

June 24 sale: 90 units at $80 (last purchase cost) = $7,200

Inventory balance: 30 units at $80 = $2,400

June 30 purchase: 320 units at $86 = $27,520

Inventory balance: 350 units at $80 (LIFO cost for remaining units) = $28,000

To determine the cost of merchandise sold, we use the LIFO method to assign the cost of the most recent purchases to the units sold first. The inventory balance is the cost assigned to the remaining units still in stock. By the end of June, the cost of merchandise sold is $39,200, and the inventory balance is $28,000.

It's important to note that the LIFO method assumes that the most recent costs are the first to be sold, and this can lead to fluctuations in the cost of goods sold and inventory balance depending on the cost of recent purchases.

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Can someone help me with this question please

How does you credit rating affect your credit score?

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Answer:

Your credit rating decreases each time you are missing a payment or late on a payment which affects your credit score. With your credit score lowering each time, it will affect you from many opportunities like getting a loan for a lower interests rate and it will affect on whatever major purchase you make and you want to borrow money since the lender will not think you are a reliable person that will pay on time.

Explanation:

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You want to be able to withdraw $25,000 from your account each year for 20 years after you retire. you expect to retire in 15 years. if your account earns 5% interest, how much will you need to deposit each year until retirement to achieve your retirement goals

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The deposit of approximately $12,330.67 each year will be needed to achieve your retirement goals.

To achieve your retirement goal of withdrawing $25,000 each year for 20 years after retirement, while earning a 5% interest, you need to calculate how much you need to deposit each year until retirement.

First, we need to find the present value of the withdrawals during retirement. This can be done using the present value of annuity formula:

PV = PMT * [(1 - (1 + r)^(-n)) / r]

Where PV is the present value, PMT is the annual withdrawal amount, r is the annual interest rate, and n is the number of years.

PV = $25,000 * [(1 - (1 + 0.05)^(-20)) / 0.05]
PV ≈ $301,920.84

Now, we need to find out how much to deposit each year for the next 15 years to reach the present value of $301,920.84. We'll use the future value of annuity formula:

FV = PMT * [((1 + r)^n - 1) / r]

Where FV is the future value, PMT is the annual deposit amount, r is the annual interest rate, and n is the number of years.

$301,920.84 = PMT * [((1 + 0.05)^15 - 1) / 0.05]

Now, we need to solve for PMT:

PMT = $301,920.84 / [((1 + 0.05)^15 - 1) / 0.05]
PMT ≈ $12,330.67

So, you will need to deposit approximately $12,330.67 each year until retirement to achieve your retirement goals of withdrawing $25,000 per year for 20 years after retirement, assuming a 5% interest rate.

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Complete the sentences with the correct terms. Some terms may be used more than once, and some may not be used at all. You are currently in a labeling module. Turn off browse mode or quick nav, Tab to items, Space or Enter to pick up, Tab to move, Space or Enter to drop. The Fed controls the money supply through open market operations. For instance, when the Fed buys bonds, this in demand for bonds causes nominal interest rates to. When the Fed buys bonds, bank reserves , which reduces the need for banks to borrow. This causes the federal funds rate to. Answer Bank

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The Fed controls the money supply through open market operations. For instance, when the Fed buys bonds, this increase in demand for bonds causes nominal interest rates to rise. When the Fed buys bonds, bank reserves increase, which reduces the need for banks to borrow. This causes the federal funds rate to fall.

The Fed also referred to as the Federal Reserve, is in charge of managing the country's money supply. Buying and selling government bonds on the open market is one method it employs to achieve this. When the Fed purchases bonds the demand for them rises raising the price while lowering the interest rate.

As a result borrowing becomes more affordable encouraging both businesses and consumers to increase their spending and investment. The Fed injects reserves into the banking system along with the bonds it purchases, reducing the need for banks to borrow from one another. As a result, the federal funds rate the interest rate that banks charge one another for overnight loans decreases.

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Picture frames selling at $45 each have a variable cost is $15 each. The fixed costs of operating the shop are $7,500 per month. Given this data, the break-even point in number of units is: ___________



a. 650.


b. 500.


c. 475.


d. 250.

Answers

The break-even point in number of units is 250. Option D is correct.

The break-even point is the level of sales or production where the total revenue received by a business is equal to its total costs. At this point, the business is neither making a profit nor sustain a loss. The break-even point can be calculated by analyzing the relationship between fixed costs, variable costs, and revenue.

To calculate the break-even point in number of units, we can use the formula;

Break-even point (in units) =Fixed costs/(Price per unit - Variable cost per unit)

Plugging in the given values, we get;

Break-even point (in units) = $7,500 / ($45 - $15)

= $7,500 / $30

= 250 units

Therefore, the break-even point in number of units will be 250.

Hence, D. is the correct option.

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Most renters and all homeowners will both need to pay monthly for ___________

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Most renters and all homeowners will both need to pay monthly for housing expenses.

This includes the cost of renting an apartment or paying a mortgage on a house. Renters pay a fixed amount of rent to their landlords each month, while homeowners pay a mortgage payment to their lender. Both groups may also have to pay additional expenses such as utilities, property taxes, and home insurance. These monthly expenses are necessary to maintain a place to live and to ensure that the property remains in good condition.

While renters have the flexibility to move to a new location once their lease is up, homeowners must continue to pay their mortgage until the loan is paid off or the property is sold. In either case, it is important for individuals to budget accordingly and plan for these ongoing expenses in order to maintain financial stability.

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according to the case study ROLLS-ROYCE IN SINGAPORE: BECOMING A REAL PARTNER IN THE GROUP'S GLOBAL NETWORK
answer the question:
2. What are the main issues that Rolls Royce needed to address to ensure the success of the Selector plant?
3. How did Rolls Royce organize the transfer of knowledge?
4. How is the transferred knowledge embedded in the organization?

Answers

2. The main issues that Rolls Royce needed to address to ensure the success of the Selector plant were creating a new production line to increase productivity and reduce costs.

3. Rolls Royce organized the transfer of knowledge by establishing a knowledge-sharing network that involved all of the company's manufacturing facilities worldwide.

4. The transferred knowledge embedded in the organization through a variety of mechanisms, including the training of staff, the establishment of a knowledge-sharing network, and the implementation of a rigorous quality control program.

According to the case study ROLLS-ROYCE IN SINGAPORE: BECOMING A REAL PARTNER IN THE GROUP'S GLOBAL NETWORK, the main issues that Rolls Royce needed to address to ensure the success of the Selector plant were: Creating a new production line to increase productivity and reduce costs. This involved optimizing the production process and identifying and addressing bottlenecks. Ensuring quality control throughout the manufacturing process. This involved implementing a rigorous quality control program that tracked the quality of every component in the engine, from raw materials to finished products.

Ensuring that the plant had the necessary expertise and knowledge to manufacture the engines. This involved providing training to the plant's staff on the latest manufacturing techniques and technologies. The network allowed the company to share best practices and lessons learned, as well as to identify new opportunities for improvement. Additionally, Rolls Royce established a training program for the plant's staff that provided them with the necessary skills and knowledge to manufacture the engines.

The transferred knowledge is embedded in the organization through a variety of mechanisms, including the training of staff, the establishment of a knowledge-sharing network, and the implementation of a rigorous quality control program. Additionally, the plant's staff are encouraged to identify opportunities for improvement and to share their ideas with other manufacturing facilities within the company's network. This helps to ensure that the knowledge transfer process is ongoing and that the company continues to innovate and improve its manufacturing processes.

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Innovative structures are commonly structured as flatorganizations with limited ______.a. coordination with cross-functional teamsb. bureaucracyc. flexibilityd. divisions"

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Innovative structures are commonly structured as flat organizations with limited b) bureaucracy.

Innovative structures refer to organizational designs that promote creativity, collaboration, and agility. One of the most common features of innovative structures is a flat organizational hierarchy, which means that there are fewer layers of management and decision-making authority is decentralized.

This promotes faster communication, greater employee engagement, and more flexibility. In contrast to traditional hierarchical structures, flat organizations have limited bureaucracy, meaning that there are fewer rules and procedures to follow.

This allows for greater autonomy and creativity among employees, which can lead to more innovative ideas and solutions. By promoting a culture of collaboration and open communication, flat organizations can support cross-functional teams and enable more effective coordination among different departments or areas of expertise.

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promotion helps consumers because it group of answer choices informs consumers and places them in a position to specify the products that they seek. tends to be informative and not persuasive. costs billions of dollars each year, which stimulates the u.s. economy. persuades consumers to make the right choices. always stresses wholesome values, which benefits society.

Answers

Promotion helps consumers because it informs consumers and places them in a position to specify the products that they seek. So, correct option is A.

Promotion is a marketing activity that aims to inform and persuade potential customers about a product or service. It includes various methods such as advertising, personal selling, sales promotion, public relations, and direct marketing.

By informing consumers about a product's features, benefits, and availability, promotion helps them make informed decisions about what they want to buy.

Consumers can learn about the different products available in the market and choose the one that best meets their needs and preferences. This puts consumers in a position to specify the products they seek and ultimately leads to a more efficient and effective market.

However, it is important to note that not all promotion is informative and not all persuasive promotion is intended to persuade consumers to make the "right" choices. Some promotions may be misleading or manipulative, and it is essential for consumers to be critical and discerning when evaluating promotional messages.

In conclusion, promotion can be beneficial for consumers when it provides them with accurate and useful information about products and services, which allows them to make informed decisions.

So, correct option is A.

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Complete question is:

Promotion helps consumers because it group of answer choices

A) informs consumers and places them in a position to specify the products that they seek.

B) tends to be informative and not persuasive.

C) costs billions of dollars each year, which stimulates the u.s. economy.

D) persuades consumers to make the right choices.

E) always stresses wholesome values, which benefits society.

rue or false: an estimated overall loss on a long-term contract is fully recognized in the first period the loss becomes evident, regardless of the revenue recognition method used. true false question. true

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The given statement "an estimated overall loss on a long-term contract is fully recognized in the first period the loss becomes evident, regardless of the revenue recognition method used" False.

An estimated overall loss on a long-term contract is not fully recognized in the first period the loss becomes evident, regardless of the revenue recognition method used. The recognition of the loss depends on the revenue recognition method used by the company.

Under the completed contract method, the revenue and expenses are recognized when the contract is completed. Therefore, the loss on the contract will only be recognized when the contract is completed. On the other hand, under the percentage of completion method, revenue and expenses are recognized as the work progresses. Therefore, the loss on the contract will be recognized over the duration of the contract, based on the percentage of completion of the project.

Overall, the recognition of the loss on a long-term contract depends on the revenue recognition method used by the company. It is not fully recognized in the first period the loss becomes evident.

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On may 1, 2020, mosby company received an order to sell a machine to a customer in mexico at a price of 2,000,000 mexican pesos. the machine was shipped, and payment was received on march 1, 2021. on may 1, 2020, mosby purchased a put option giving it the right to sell 2,000,000 mexican pesos on march 1, 2021 for $190,000 (strike price of $0.095 per pesos). mosby company properly designates the option as a fair value hedge of the mexican pesoâs firm commitment. the option cost $3,000 and had a fair value of $3,200 on december 31, 2020. since the hedge instrument being used is a put option, keefer has chosen to measure the change in the fair value of the commitment through reference to changes in the spot rate. mosby's incremental borrowing rate is 12 percent, and the present value factor for two months at a 12 percent annual rate is 0.9803.

required:
what was the impact on mosby's 2013 net income as a result of this fair value hedge of a firm commitment?

Answers

On May 1, 2020, Mosby Company received an order to sell a machine for 2,000,000 Mexican pesos, with payment received on March 1, 2021.

To hedge the currency risk, Mosby purchased a put option for $3,000, allowing them to sell 2,000,000 pesos at a strike price of $0.095 per peso on March 1, 2021. The option was designated as a fair value hedge.

By December 31, 2020, the option's fair value increased to $3,200. As a result, Mosby would recognize a gain of $200 ($3,200 - $3,000) on their income statement for 2020. Since the hedge was designated as a fair value hedge, any changes in the fair value of the firm commitment due to changes in the spot rate would offset the gain or loss from the put option, leading to no net impact on Mosby's 2020 net income

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