An example of a skill as defined in a KSAO is A. Changing an oil filter.
What are skills in a KSAO?Knowledge, Skills, Abilities, and other characteristics (KSAO) are those things that are needed to perform a job.
Being able to change an oil filter is a skill because it is something that has to be learned and practiced overtime to perfect. The other options are knowledge and abilities.
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Financial statements from the end-of-period spreadsheet
Paoli Consulting is a consulting firm owned and operated by Mary Paoli. The following end-of-period spreadsheet was prepared for the year ended March 31, 20Y9:
During the year ended March 31, 20Y9, $15,000 of additional common stock was issued.
The preparation of an Income Statement, a Statement of Stockholders' Equity, and a Balance Sheet for Paoli Consulting for the Year Ended March 31, 2019, is as follows:
Paoli Consulting
Income StatementFor the Year Ended March 31, 2019
Fees Earned $1,675,000
Salaries Expenses 950,000
Supplies Expenses 32,200
Depreciation Expenses 12,800
Miscellaneous Expenses 15,000 $1,010,000
Net Income $665,000
Paoli Consulting
Statement of Stockholders' EquityFor the Year Ended March 31, 2019
Common Stock $100,000
Retained Earnings 1,860,000
Net Income 665,000
Dividends (30,000)
Ending Equity $2,595,000
Paoli Consulting
Balance SheetAs of March 31, 2019
Assets
Current Assets:
Cash $162,500
Accounts Receivable 304,500
Supplies 5,000 $472,000
Long-term Assets:
Land 1,400,000
Building 850,000
Accumulated Depreciation (72,000) $2,178,000
Total Assets $2,650,000
Liabilities and Equity
Current liabilities:
Accounts Payable $36,500
Salaries Payable 18,500
Total liabilities $54,500
Equity:
Common Stock $100,000
Retained Earnings 2,495,000 $2,595,000
Total liabilities and equity $2,650,000
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Question Completion:Paoli Consulting
Adjusted Trial BalanceMarch 31, 20Y9
Debit Credit
Cash $162,500
Accounts Receivable 304,500
Supplies 5,000
Land 1,400,000
Building 850,000
Accumulated Depreciation $72,000
Accounts Payable 36,500
Salaries Payable 18,500
Common Stock 100,000
Retained Earnings 1,860,000
Dividends 30,000
Fees Earned 1,675,000
Salaries Expenses 950,000
Supplies Expenses 32,200
Depreciation Expenses 12,800
Miscellaneous Expenses 15,000
Totals $3,762,000 $3,762,000
Prepare Income Statement, Statement of Stockholders' Equity, and a Balance Sheet for Paoli Consulting for the Year Ended March 31, 2019.
Time management is not just about managing time; it's also about managing energy.
True or False
Answer:
True
Explanation: If you have energy then you can also manage the time you spend on things because you'll have the energy to do more things and you can do things efficiently
What does it mean when someone states, "Those in public administration should
have probity"?
(1 point)
O moral integrity
O ability to balance a budget
O good judgment
O private ownership
What it mean when someone states, "Those in public administration should have probity" is moral integrity.
What is moral integrity?
Moral integrity can be defined as the ability of a person to always display ethical behavior by doing something good and right and avoiding unethical behavior.
A person with moral integrity possess moral principle and must be honest and trustworthy in their ways of life.
Therefore what it mean when someone states, "Those in public administration should have probity" is moral integrity.
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Excel allows us to create our own formulas and functions to perform calculations and solve problems within the spreadsheet. How do you think this particular function will save time in using Excel spreadsheets? What other functions can you use on a regular basis? Why? Explain.
Excel allows us to create our own formulas and functions to perform calculations and solve problems within the worksheet. This specific function will save time in using Excel spreadsheets by allowing the predefined formulas to help you quickly find a sum, average, count and maximum and minimum values, making the task faster and more dynamic.
Other excel functions that can be used regularly are date and time, being a predefined function that helps the user to return information in a cell from a date.
What are the advantages of using Excel?This software significantly helps in the organizational work routine, through numerous tools capable of organizing lists and tables with predefined functions capable of increasing the speed of work, combined with the reliability of the results.
Therefore, excel is one of the most used management tools due to the possibility of creating spreadsheets for a variety of purposes, as well as graphs and statistics that are essential for organizational decision-making.
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Market trends of software engineer
Prepare an income statement for the question provided below in the picture. Thank you
The income statement for Jim blossom has Net income of :$41,493.
What is income statement?Income statement can be defined as the statement that shows the income and expenditure generated by a company in which net income means that revenue is higher than expenditure while net loss means that expenditure is higher than revenue.
Income statement can be calculated using this formula
Income statement= Revenue - Expenses
Now let calculate the income statement for Jim blossom:
Income statement for the year ended 31 December 2024
Revenue:
Service revenue $156,998
Expenses:
Insurance expenses $3,869
Interest expenses $1,029
Operating expenses $3,373
Salary expenses $89,330
Supplies expenses $20,904
Total expenses $118,505
Net income $41,493
( $156,998-$118,505)
Therefore the income statement for Jim blossom has Net income of $41,493.
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What amount of capital can eskom raised
According to S&P Global, Eskom's can fund its 2023 financial estimated budget funding requirements for as much as 45 billion rand ($2.64 billion).
This represents about 15 billion rand increment from a previously estimated 30 billion rand, due to lower revenues and higher costs.
What is Eskom?Eskom is a South African company with interests in public electricity. It was founded in 1923 as the Electricity Supply Commission and was also referred to its Afrikaans name. Eskom represents South Africa in the Southern African Power Pool.
According to its projections for its 2023 financial year budget, the company were expected to fund their budget with about 30 billion rand. However, there is a possible increment in its financial budget to about 45 billion rand which represents an additional 15 billion rands.
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Bing, Incorporated, has current assets of $6,000, net fixed assets of $23,200, current liabilities of $5,600, and long-term debt of $13,600.
a. What is the value of the shareholders’ equity account for this firm? (Do not round intermediate calculations.)
b. How much is net working capital? (Do not round intermediate calculations.)
We are aware that the total assets of $29,200 must match the total liabilities and owners' equity (TL & OE). We also know that TL & OE equals owners' equity plus long-term debt, hence owners' equity is:
Owners' equity is $29,200 minus 13,600 minus 5,600.
$10,000 is the owners' equity.
Net working capital (NWC), however, is
Current Assets - Current Liabilities = NWC
NWC = $6,000 - 5,600
NWC = $400
NWC: What is it?
The difference between a company's current assets—such as cash, accounts receivable/unpaid invoices from customers, and inventories of raw materials and completed goods—and its current liabilities—such as debts and accounts payable—is known as working capital, sometimes known as net working capital (NWC).
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Which of the following are correct when calculating the cost of a unit of output? (cost unit):
i. All fixed costs are indirect costs
ii. All indirect costs are fixed costs
iii. All variable costs are direct costs
iv. All direct costs are variable
v. All indirect costs are overheads
Group of answer choices
i. only
i. iv. and v.
i. and ii.
ii. and iii.
ii. iii. and iv.
i. iv. and v. All fixed costs are indirect costs, all direct costs are variable, all indirect costs are overheads.
Indirect cost are those which are associated with the process of production indirectly. They are incurred other then the production in which indirectly the material is used. Whereas the direct costs are the one time investments made in the production process so that the process could be made easier.
Costs and overheads are basically part of every production they can added as repairs ,trade expenses etc which makes the process continuous. Variable costs are floating in nature.
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Bob is a self-employed lawyer and is required to take a week of continuing legal education every year to maintain his license. This year he paid $1,295 in course fees for his continuing legal education in a different city. He also paid $467 for airfare and a hotel room and paid $250 for meals, all of which were provided by the hotel’s restaurant. Bob also purchased a $6 bag of snacks from a newsstand while waiting for his plane in the airport because he missed lunch.
What is the total amount he can deduct on his Schedule C related to these expenses?
Based on the requirements of Schedule C, the total amount that Bob can deduct related to these expenses is $1,887
How much can Bob deduct?Bob can deduct only 50% of his expenses for meals but can deduct the full airfare and course fees in Schedule C.
The total that Bob can therefore deduct from his Schedule C for those expenses is:
= 1,295 + 467 + (250 x 50%)
= 1,295 + 467 + 125
= $1,887
In conclusion, the total amount that Bob can deduct in Schedule C as relates to his expenses is $1,887.
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Kaleb is the CEO of Sports City, a sporting goods store. Kaleb wants to increase the sales of Sports City. Kaleb researches the market and discovers that boat sales are soaring, so Kaleb decides to add a line of boats to the inventory of Sports City. Kaleb finds what he believes is a great deal on fishing boats with Fisherman’s Boat Supply and enters into a contract for $90,000 worth of fishing boats. During the first year after the fishing boats are delivered to Sports City, only one boat sells. Sports City suffers an $85,000 loss on the deal. If the board of directors tries to hold Kaleb personally liable for the loss:
If the board of directors tries to hold Kaleb personally liable for the loss they will not be successful, because Kaleb will be protected by the business judgment rule.
What is the business judgment rule?The business judgment rule is a rule enacted to prevent the board of directors or the owner of a company from frivolous lawsuits. The business judgment rule is well known in common law countries.
According to the business judgment rule, the owner or the board of director cannot be taken to court if it is proven that the owner acted in good faith of their stakeholders.
Kaleb entered into the contract because he beleived that it would be a great deal and increase the shareholder's value by increasing the revenue of the company. The fact that the business earned a loss in the first year does not mean that Kaleb did not act in the best interest of the shareholders. Also, the fact that the business earned a loss in the first year does not mean that the business would not make profit in subsequent years.
Here are the options:
A. they will not be successful, because Kaleb will be protected by the business judgment rule.
B. they will not be successful, because as CEO, Kaleb has the ultimate authority to make any decision he chooses about the company and cannot be held responsible even for a careless decision.
C. they will be successful, because Kaleb violated his duty of loyalty to the company.
D. they will be successful, because Kaleb violated his duty of care to the company
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Implanted microchips have been tested over long periods of time and are
Implanted microchips have been tested over long periods of time and are widely accepted as being safe.
A microchip is a set of digital circuits on one small flat piece of semiconductor material, normally silicon. A microchip is a unit of packaged pc circuitry that is fabricated from a fabric including silicon at a totally small scale. Microchips are made for program common sense and for pc reminiscence.
In a semiconductor microchip, each little bit of binary information is saved in a tiny circuit known as a memory mobile consisting of one to several transistors. The microchips are specified in rectangular arrays on the surface of the chip. With one in 3 pets turning into misplaced at some degree, these tiny chips are your puppy's quality threat of being returned properly home in the event that they do move missing. At the same time as collars and tags can help reunite misplaced pets with their households they can without problems fall off or be removed, and tags can fade.
This tiny device can preserve computer memory and processors, or be used to behavior energy. You nearly actually use things that incorporate microchips just about every day, inclusive of calculators, financial institution ATMs, sure identification playing cards, cellular telephones, and televisions.
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Describe the risks involved in auditing financial investments, including why the auditors might need specialized skills.
The risks involved in auditing financial investments, including the auditors might need specialized skills is fraud risk.
What is an investment?An Investment is the dedication of an asset to gain an increase in value over a period of time. Investment needs a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset in a time period.
As a consequence of the constant corporate scandals linked to corruption as well as the emergence of new regulations worldwide, many executives recognize/identifies that the risk of fraud and irregular behaviors inevitably integrates their agendas, and they are fully aware of the need to create specific measures aimed at its timely and effective management.
Effective fraud risk management provides organizations the tools to manage risk in accordance with regulatory requirements, as well as with the needs of the business, the organization and market expectations.
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Brockman Corporation's earnings per share were $3.50 last year, and its growth rate during the prior 5 years was 11.6% per year. If that growth rate were maintained, how many years would it take for Brockman's EPS to triple?
Select the correct answer.
a. 12.41
b. 10.01
c. 2.81
d. 7.61
e. 5.21
It would take 10.01 years for Brockman's EPS to triple.
What is future value?
The future value of the current earnings per share of $3.50 is its future worth in future years if it continues to increase at its growth rate of 11.6%, hence, based on the future value formula for a single cash flow below, we can determine the number of years it takes the EPS to triple:
FV=PV*(1+r)^N
FV=tripled EPS=$3.50*3=$10.50
PV=present EPS=$3.50
r=annual growth rate=11.6%
N=number of years it takes EPS to triple=unknown
$10.50=$3.50*(1+11.6%)^N
$10.50/$3.50=(1+11.6%)^N
3=1.116^N
take log of both sides
ln(3)=N ln(1.116)
N=ln(3)/ln(1.116)
N=10.01
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how do i create a process flow chart?
Explanation:
see in computer book u find their
In the process of starting a business, after developing a business plan the
entrepreneur needs to
A) order supplies for the business.
B) develop an employee manual.
C) decide an appropriate legal
form of business ownership.
D) promote the business to the customers.
E) file for tax returns for the business with the Internal Revenue Service.
The entrepreneurial process consists of three crucial steps. consists of three steps: (1) discovering business possibilities; (2) planning and putting together the enterprise; and (3) funding the venture and acting. Identification of opportunities, planning and preparation of the enterprise, and resource allocation for the venture
Process requirements. Online banking is possible today because of the development of ATMs in the 1960s.
The majority of businesses are successful because they offer a decent enough product or service. According to multiple research findings, the largest problem for small businesses is marketing, sales, and money. But money management is the one crucial element that most often determines success and failure.
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Mistakes People Make Worksheet 3.9.2 List the 6 mistakes people make while making decisions and explain the mistake. Next, give an example of a decision that would illustrate the mistake. Lastly 1 Class Period: EXPLANATION Date: EXAMPLE WAS THERE A MORE RATIONAL DECISION?
Mistakes people make while making decisions and explain the mistake
Don't face reality - Fall into self-deception.Go with the flow.Too quick to risk. - Rushing to work or home can lead to aggressive driving.Relying too much on intuition. - One of the main reasons against relying on intuition is that intuition can be unreliable and biased.To marry your own thoughts.In summary, we talked about his eight common types of bias. Overconfidence, fixation, affirmation, availability, escalation of commitment, random errors, risk aversion, retrospective bias to confront past mistakes, and bias to face fear and pain. process emotions.
People have shown an amazing ability to deceive themselves and distort their misbehavior in order to reflect positively on themselves. Can make us happier if it means being open.
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Does the restaurant industry seem like a stable option for aspiring entrepreneurs to pursue
Yes, restaurants Industry seems like a great option for aspiring entrepreneurs to pursue. This however depends on the location in questions.
What is this so?The Chain Restaurants industry's market size is predicted to grow 13.5% by 2022.
What is the estimated market size of the Chain Restaurants industry in the United States in 2022?In 2022, the Chain Restaurants business will generate $50.9 billion in sales.
From the above, it is clear that there is room for growth, innovation, competition by differentiation, an as such opportunities.
Hence it is right to conclude that restaurants Industry is a great option for aspiring entrepreneurs to pursue.
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9) Which of the following statements is an example of the behavioral component of an attitude? A) I have decided to apply for the position of a campaigner in the climate department. B) I am thrilled to know that the human resource department is looking for a climate campaigner. C) The position of a climate campaigner is challenging and interesting. D) The position of a climate campaigner will allow me to explore my skills as a campaigner. E) I think the position of a climate campaigner involves extensive travel.
Answer: A) I have decided to apply for the position of a campaigner in the climate department.
Explanation:
Which statement about the Federal Reserve Bank (the Fed) is most
accurate?
Multiple Choice
O
The Fed manages the U.S. money supply and
interest rates.
The Fed is an agency of the U.S. Treasury
Department that has the responsibility of
collecting tax receipts for the IRS.
The Fed is the agency of the government that
ensures that the United States maintains enough
gold reserves to pay any foreign debts that result
from international trade.
The Fed is the primary government agency
involved in carrying out our nation's fiscal policies
Answer:
The Fed manages the US money supply and interests rate
Financial statements from the end-of-period spreadsheet
Paoli Consulting is a consulting firm owned and operated by Mary Paoli. The following end-of-period spreadsheet was prepared for the year ended March 31, 20Y9:
During the year ended March 31, 20Y9, $15,000 of additional common stock was issued.
Answer:
Because Yes Because Yes Because Yes Because Yes Because Yes Because Yes Because Yes Because Yes Because Yes Because Yes
Explanation:
The provided information suggests that Paoli Consulting, owned by Mary Paoli, prepared an end-of-period spreadsheet for the fiscal year ending on March 31, 20Y9. The spreadsheet likely includes various financial data, such as revenues, expenses, assets, and liabilities, to summarize the company's financial performance over the year.
The statement also mentions that during the same fiscal year, Paoli Consulting issued an additional $15,000 of common stock. Issuing common stock indicates that the company raised capital by selling ownership shares to investors.
This could be a strategic move to secure funds for business expansion, debt reduction, or other financial needs. The issuance of common stock affects the company's equity and may impact financial ratios and indicators. Overall, the end-of-period spreadsheet and the issuance of additional common stock provide insights into Paoli Consulting's financial activities and position for the specified period
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1. How many units will the domestic firms produce without a tariff if the foreign producer can sell the product at a $4 price?
What are the three different types of stakeholders that the board must take into account of? Give examples of each type and explain to illustrate your points?
The various kinds of stakeholders that the board must take into account of are:
employeescustomers, and investors.Who is a key stakeholder?A significant stakeholder is critical to a company's long-term success. Key stakeholders may assist businesses in making strategic choices, reducing risks, and expanding their operations.
If you are active in assisting your business in reaching its objectives, it is critical that you understand who your key stakeholders are and how to identify them.
Employees are crucial because they drive the business, customers are crucial because, the are the reason for the existence of the business, investors are important because, they finance the business.
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The EURO is currently used in
Answer:
You can use the euro in 19 EU countries: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain.
One possible way to overcome procrastination is to trick yourself by doing anything
that will draw you into a task.
True or False
trueeeeeeeeeeeeeeeeeeee
Answer:
18 25
Explanation:
List whole numbers between 18 and 25
Assume that one unit is sold on April 27 for $330. Determine the gross profit for April and ending inventory on April 30 using the (a) first-in, first-out (FIFO); (b) last-in, first-out (LIFO); and (c) weighted average cost methods.
The determination of the gross profit for April and the ending inventory on April 30, using the three inventory costing methods, are as follows:
Gross Profit Ending Inventory
(a) First-in, first-out (FIFO) $97 $469
(b) Last-in, first-out (LIFO) $95 $467
(c) Weighted average cost methods $96 $468
What are the inventory costing methods?Inventory costing methods based on their cost flow assumptions are:
First-in, first-out (FIFO)Last-in, first-out (LIFO)Weighted average cost methods.The FIFO method is a costing method that assumes that goods are sold chronologically as they are produced or bought. Therefore, the cost of goods sold is the cost assigned to the earlier goods.
The LIFO method bases the cost of goods sold on the assumption that the latest goods produced or bought are sold first before the earlier ones.
Under the weighted average method, the cost of goods sold is based on a weighted average cost of all goods produced or bought during the period.
What is the ending inventory?The ending inventory is the difference between the cost of goods available for sale and the cost of goods sold.
What is the gross profit?The gross profit is the positive difference between the sales revenue and the cost of goods sold.
Data and Calculations:Item Beta Units Cost
April 2 Purchase 1 $233
April 15 Purchase 1 234
April 20 Purchase 1 235
Total 3 $702
Average cost per unit = $234 ($702 ÷ 3 units)
FIFO:Cost of goods sold = $233
Ending inventory = $469 ($702 - $233)
Gross profit = $97 ($330 - $233)
LIFO:Cost of goods sold = $235
Ending inventory = $467 ($702 - $235)
Gross profit = $95 ($330 - $235)
Weighted Average:Cost of goods sold = $234
Ending inventory = $468 ($702 - $234)
Gross profit = $96 ($330 - $234)
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Question Completion:Cost Flow Methods
The following three identical units of Item LO3V are purchased during April:
Item Beta Units Cost
April 2 Purchase 1 $233
April 15 Purchase 1 234
April 20 Purchase 1 235
Total 3 $702
Average cost per unit = $234($702 ÷ 3 units)
Since the approval of the North American Free Trade Agreement (NAFTA), the value of U.S.
exports to Mexico and Canada has increased. True or False
True - Since the endorsement of the North American Free Exchange Understanding (NAFTA), the esteem of U.S. exports to Mexico and Canada has expanded.
The Canadian economy has massively benefited from NAFTA. It has created new export prospects, encouraged the development of globally competitive enterprises, and attracted considerable foreign investment.
The North American Free Trade Agreement (NAFTA): What Was It?
To encourage trade between the United States, Canada, and Mexico, the North American Free Trade Agreement (NAFTA) was put into effect. On January 1, 1994, the agreement, which removed the majority of economic barriers between the three nations, came into force. Between January 1, 1994, and January 1, 2008, a number of tariffs—particularly those pertaining to agricultural goods, textiles, and automobiles—were gradually phased out.
Has NAFTA boosted American exports?
Trade between North America's three countries has grown significantly since the implementation of the North American Free Trade Agreement (NAFTA). The United States has seen a 150% increase in exports to Mexico and a 66% increase to Canada.
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What entrepreneurship activities could you engage in that
would enhance the learning experiences you are gaining in your
classes on campus or on line? Why do you think the activity you
chose would help?
Entrepreneurship activities should you interact in that would beautify the mastering reviews you're gaining to your training on campus or online:
whilst getting to know to turn out to be marketers, we should usually select to construct upon new possibilities, community, search for mentors to research from them as well as brainstorm new thoughts on every occasion we have the time to interact in it.
An entrepreneur is a person who creates a new commercial enterprise, bearing maximum dangers and taking part in a maximum of rewards. The method of setting up an enterprise is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a supplier of the latest thoughts, items, services, and enterprises/or methods.
Entrepreneurship is the advent or extraction of monetary fees. With this definition, entrepreneurship is considered as an exchange, normally entailing a threat beyond what is usually encountered in starting a business, which may additionally encompass different values than sincerely monetary ones.
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The budget for this consumer is $48. a. What is the price per pound of steak? b. What is the price per pound of chicken? c. List two true statements centered on point A: 1. ___________________ 2. ___________________
Based on the budget of $48, it is to be noted that the price per pound of steak is $4. See further explanation below.
What is the price per pound of chicken?The price per pound of chicken, based on the information provided is $3.
What are the two statements that are centered on point A?The two statements which are TRUE in relation to option A are:
At point A,
1. the consumer is said to be in equilibrium. This is because, at that point, the price at which consumers are supplies are willing to buy and sell respectively are in alignment.
2. It is also TRUE that the marginal rate of substitution is computed at -3/4
See the attached image for further details.
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Use of technology, employee retention and HR development have been at the core of HR becoming more strategic at Xerox. Why have those areas been so key?
Answer:
identify six entrepreneurial qualities that are represented by Lulu