The removal of liquidity and solvency risk constraints amplifies banks' solvency risk, and the US subprime crisis and Eurozone sovereign debt crises conspired to create severe instability in the banking sector.
The removal of liquidity risk constraints refers to the loosening of regulations or practices that limit a bank's ability to access liquid funds in times of financial stress. Similarly, the weakening of solvency risk constraints pertains to the relaxation of rules that ensure banks maintain sufficient capital to cover potential losses. When these constraints are removed, banks may engage in excessive balance sheet growth, taking on more risk without adequate buffers.
The increase in balance sheet growth without sufficient liquidity and solvency protections exposes banks to higher solvency risk. In times of economic downturns or financial market turmoil, the banks may face difficulty in meeting their financial obligations, potentially leading to insolvency. This risk is further amplified when combined with other destabilizing factors.
The US subprime crisis, which emerged in the mid-2000s, involved the widespread issuance of high-risk mortgage loans to borrowers with poor creditworthiness. When these subprime mortgages began to default, it triggered a chain reaction throughout the financial system, as the bundled mortgage-backed securities lost value, causing significant losses for financial institutions that held them.
Simultaneously, the Eurozone sovereign debt crises, which began in 2009, saw several countries within the Eurozone facing mounting government debt burdens and struggling to repay their obligations. This led to concerns about the solvency of these countries, as well as the stability of the financial institutions holding their debt.
The combination of the US subprime crisis and the Eurozone sovereign debt crises created a perfect storm for the banking sector. Financial institutions were not only exposed to losses from their own subprime-related activities but also faced risks from their exposure to the sovereign debt of struggling Eurozone countries. This interplay of factors resulted in a severe liquidity and solvency crisis, as banks faced simultaneous shocks from both sides of the Atlantic.
To address the systemic instability in the banking sector, policymakers have focused on implementing stricter regulations and risk management practices. Measures such as enhanced capital requirements, stress tests, and improved liquidity management aim to mitigate the risks that led to these crises. Additionally, efforts have been made to enhance transparency and risk assessment in financial markets, enabling early detection and intervention in potential problem areas. By restoring liquidity and solvency risk constraints and promoting responsible lending and investment practices, policymakers aim to strengthen the stability of the banking sector and minimize the likelihood of future systemic crises.
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discuss the economic importance of the tertiary sector
Answer: sector provides basic services such as hospitals, educational institutions, post and telegraph services, police stations, courts, municipal corporations, defence, banks, insurance etc. ... Thus, tertiary sector is certainly important for the development of other sectors in an economy.
Explanation:
Answer:
studying
Explanation:
good to study economics to know the national income and taxrs
margarita's interest and gains on investments for the current year are as follows: interest on madison county school bonds $600 interest on u.s. government bonds 700 interest on a federal income tax refund 200 gain on the sale of madison county school bonds 500 margarita must report gross income in the amount of:
Gross income is the amount of money that is generated on a paycheck before taxes and other deductions are made.
What is Gross Income ?It includes all earnings from all sources, such as salaries, rental revenue, interest income, and dividends. For instance, if a person receives $300,000 in compensation for providing consulting services, that sum represents the person's gross income.
The interest on the US government bonds, the interest on the federal income tax refund, and the gain from the sale of Madison Company School Bonds will all be added up to the total gross income that Heather is required to report. As follows:
= $700 + $200 + $500
= $1400
Hence option D is correct
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The question was incomplete the options are as follow
a. $2,000.
b. $1,300.
c. $1,800.
d. $1,400.
e. None of these choices are correct.
For each of the following examples, indicate whether the transaction would be included in the gross investment component of gdp, and if so, indicate which category it would be included
When Leandro pays a general contractor to build a new house, it would be included in gross investment as residential fixed investment. So the option B is correct.
Residential fixed investment, also known as residential fixed capital formation or residential investment, is the amount of money spent to purchase or improve existing housing stock. This includes new construction, remodeling, and repairs.
It does not include spending on purchasing furniture, appliances, or other goods for the home. Residential fixed investment is an important factor in economic growth and is often used as an indicator of housing market strength.
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The complete question is:
For each of the following examples, indicate whether the transaction would be included in the gross investment component of GDP and if so, indicate which category it would be included.
When Leandro pays a general contractor to build a new house, it would
A. be included in gross investment as business fixed investment
B. be included in gross investment as residential fixed investment
C. be included in GDP as a net export
D. not be included in gross investment
E. be included in gross investment as inventories
Fast Bean sells coffee to Federico to brew and drink at home. This is an example of business-to-Blank______ marketing
Fast Bean sells coffee to Federico to brew and drink at home. This is an example of business-to-Blank vendor marketing.
Opting for marketing merchandisers is an important part of marketing because many companies have the coffers to complete every design in-house. For illustration, you may need a seller's moxie and coffers too.
Write, design or produce deals literature, advertisements or other creative accouterments. A company or an existent that sells a good or service is a seller. Marketing Merchandisers may vend to other businesses, or they may be retailers who vend straight to consumers. An illustration of a seller is a company that provides force for exchange apparel stores.
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Sergio needs to reach his supervisor as soon as possible to make a decision about an important client who is threatening to take their business elsewhere if they do not get an immediate response. What is the MOST logical channel of communication for Sergio to use to contact his supervisor and why?
Answer: The most logical channel of communication for Sergio to use to contact his supervisor would be a phone call or an instant messaging service. This is because phone calls and instant messaging allow for immediate, real-time communication. Sergio needs to reach his supervisor as soon as possible to make a decision about an important client and these two channels of communication allow for the fastest and most direct form of communication. Email or text message may take longer for the supervisor to receive and respond to, which would not be ideal for Sergio's situation.
Explanation:
________________ is used during the early stages of the product life cycle. Because the product is new, the focus is on explaining the benefits of the product class, and not on promoting the specific brand. ________________ is used during the early stages of the product life cycle. Because the product is new, the focus is on explaining the benefits of the product class, and not on promoting the specific brand. Company advertising Institutional advertising Pioneering advertising Advocacy advertising
Answer:
Pioneering Advertising
Explanation:
Pioneering advertising is the advertising campaign of the new product that should compete the single product by having a developed market place. The motive of this type of advertising is that to inform the consumers with respect to the arrival of the new innovation in the product along with the description of its benefits
So according to the given situation it represents the pioneering advertising
On March 1st Harry Landscaping services provided $2,500 of landscaping services to LoneStar College Kingwood (LSC-Kingwood). Harry received full payment from LSC Kingwood on March 15th for the landscaping services. What is the journal entry for Harry Landscaping on March 1st.
On May 28, 2021, Mary purchased and placed in service a new $60,000 car. The car was used 60% for business, 20% for production of income, and 20% for personal use in 2021. In 2022, the usage changed to 40% for business, 30% for production of income, and 30% for personal use. Mary did not elect immediate expensing under § 179. She did not claim any available additional first-year depreciation. Compute Mary's cost recovery deduction for 2021 and 2022 and any cost recovery recapture for 2022.
Mary's cost recovery deduction for 2021 and 2022 include $8000 and $8400 while the cost recovery recapture for 2022 is $3200.
The MACRS cost recovery for 2021 will be calculated thus:
= $60000 × 20%
= $12000
Since the depreciation for luxury automobile is limited to $10000, the the cost recovery deduction for 2021 will be:
= $10000 × (60% + 20%)
= 80% × $10000.
= $8000
Mary's cost recovery deduction for 2022 will be;
= (40% + 39%) × $12000
= 70% × $12000
= $8400
The cost recovery recapture for 2022 will be calculated thus:
Cost recovery deduction = $8000
The straight-line depreciation will be:
= 10% × $60000 = $6000
The proportionate depreciation for business and production will be:
= (60% + 20%) × $6000
= 80% × $6000
= $4800
Therefore, the cost recovery recapture in 2022 will be:
= $8000 - $4800
= $3200
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You just won a contest and have been appointed City of New York Tax Commissioner (you might be asking, why did I enter such a contest? :)). Your primary goal is two fold: raise revenue and make the tax code more efficient. You have to decide which goods to tax, which goods to raise taxes on and which good to lower taxes. Consider your knowledge of elasticity, supply and demand. You need to close a $225 million budget gap for the City. 1. Alcohol, tobacco and gasoline are already heavily taxed. Should you raise these taxes? Explain your answer. 2. Medical services, electricity and fruits and vegetables are not taxed. Should you start to tax these? Explain your answer. 3. Other than what is listed above, find 3 additional goods or services you would tax to raise more revenue. Explain your answer. 4. Which 3 goods would you eliminate taxes on and why? Explain your answer. Good Luck to you Mr. or Madame Commissioner.
As the newly appointed City of New York Tax Commissioner, it is your primary responsibility to raise revenue and make the tax code more efficient. Therefore, there are several goods and services you should consider taxing or eliminating taxes on to bridge the $225 million budget gap in the City.
Below are the answers to your questions:1. Alcohol, tobacco, and gasoline are already heavily taxed. You should not raise these taxes any further because of the highly inelastic nature of these products. As such, an increase in taxes on these goods will have little impact on their demand, which means the amount of revenue generated will not be significant.2. Medical services, electricity, and fruits and vegetables are not taxed. Starting to tax them would be detrimental to the low-income earners and a burden to the already constrained medical facilities. They should, therefore, remain tax-free.3. The three goods or services that could be taxed to raise more revenue include:
Luxury goods: Items that people buy more of when they have more money, such as expensive cars and high-end jewelry.
Entertainment: Products and services that are meant for leisure and relaxation, such as movie tickets and cable TV.
Airline tickets: Given the heavy use of planes by business people and the wealthy, taxes on airline tickets could be increased, resulting in significant revenue generation.
4. The three goods that should have their taxes eliminated are:
Prescription drugs: As medication is a necessity for many people, it should be tax-free.
Baby items: These should be exempt from taxes since they are necessities for young parents.
School supplies: Tax exemptions on school supplies such as textbooks and stationery will provide relief to parents.
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20 points!
Which sentence indicates that Brian has instituted a loyalty program?
(1) Brian runs a juice bar that sells fresh juice products. (2) He hopes customers will drink the juices to stay healthy. (3) He offers a free juice for every customer who buys nine juices. (4) He also advertises the health benefits of fresh juice. (5) He hopes such an advertisement will attract new customers.
Answer:
So, the correct option is (3) He offers a free juice for every customer who buys nine juices.
Explanation:
A customer loyalty program or rewards program is a marketing strategy that rewards loyal customers that frequently engage with a brand.
So, the correct option is (3) He offers a free juice for every customer who buys nine juices.
Answer:
Offers free juice.....
Explanation:
correct on test
A law-enforcement officer or government agent doesn't need a search warrant to search the premises of a munitions factory.
It is false that a law-enforcement officer or government agent doesn't need a search warrant to search the premises of a munitions factory.
Who is a law enforcement officer?A law-enforcement officer is an individual who have been endorsed by the government to ensure compliance of laws and regulation.
An agent must obtain a search warrant before conducting a search of any premises. One of the Amendment of the US Constitution protects citizens against unreasonable searches and seizures, and a warrantless search would be considered unconstitutional. In order to obtain a warrant, the officer must provide probable cause to a judge, who will then issue the warrant if the cause is deemed sufficient
Therefore, a law-enforcement officer or government agent need a search warrant to search the premises of a munitions factory.
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Nora wants to participate in an unpaid internship at an accounting firm this summer. Her parents want her to get a job bagging groceries at a local store.
Why would Nora MOST likely prefer an unpaid internship opportunity to a paying job?
A. Nora wants to graduate from college earlier than her peers.
B. Nora wants to engage in experiential learning in business.
C. Nora wants to practice writing her resume and cover emails.
D. Nora wants to learn about not-for-profit businesses.
Answer: B
Explanation: Nora, I believe, wants to engage in business experiential learning because she would not pass up a paying opportunity for no reason. Furthermore, the benefits of unpaid internships, such as beginning to build your professional network, developing skills, and receiving valuable feedback from professionals, can help predict whether she will enjoy her future profession and help her in a variety of ways.
In my perspective, Nora desires to take part in the business experiential education.
How would you define business?A person is conducting business when they create goods or offer services with the goal of making a profit. Business Definition. A enterprise is a creative organization or team that partakes in professions. They might be professional, corporate, or any other type else.
What is an example of a business?An economic institution known as a business produces and/or distributes goods and services with the goal of making money and accumulating wealth. Whatever the type of business entity, such as a sole proprietorship, a Hindu undivided household, or a limited partnership.
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Suppose you know a company's stock currently sells for $90 per share and the required return on the stock is 8 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. If it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share?
Answer: $3.46
Explanation:
Given the following :
Current share price (P0) = $90 per share
Required return on stock= 8%
total return on the stock is evenly divided between a capital gains yield and a dividend yield ;
Therefore, Required return on stock= 8% ;
4% capital gain yield + 4% Dividend yield = 8%
Growth rate = 4% = 4/ 100 = 0.04
D1 = D0(1 + g)
D1 = value of next year's Dividend
D0 = current Dividend yield
g = Constant growth rate
D1 = current stock price * g
D1 = 90 * 0.04 = 3.6
D1 = D0(1 + g)
D0 = D1 / (1+g)
D0 = 3.6 / (1+ 0.04)
D0 = 3.6 / 1.04
D0 = $3.46
If you invest $600 in a six-month CD that pays interest at four percent compounded quarterly, how much interest will you receive when the CD matures in six months?
Answer:
$12.06
Explanation:
The applicable formula is
A = P( 1 + r) ^ n
where A is the amount after 6 months
P= principal amount: $600
r=4% per year, or 0.04. interest per quarter = 0.04/ 4= 0.01
n = number of periods . 6 months has 2 quarters. n =2
A= $600(1+0.01)^2
A=$600(1.01)^2
A=$600 x 1.0201
A=$612.06
Interest = $612.06- $600
=$12.06
Problem 3: Using Solver to solve production problems A company manufactures two types of trucks. Each truck must go through the painting shop and the assembly shop. If the painting shop were completely devoted to painting type 1 trucks, 800 per day could be painted, whereas if the painting shop were completely devoted to painting type 2 trucks, 700 per day could be painted. If the assembly shop were completely devoted to assembling truck 1 engines, 1500 per day could be assembled, whereas if the assembly shop were completely devoted to assembling truck 2engines, 1200 per day could be assembled. It is possible, however, to paint both types of trucks in the painting shop. Similarly, it is possible to assemble both types in the assembly shop. Each type 1 truck contributes $1000 to profit; each type 2 truck contributes $1500. a) Use Solver to maximize the company's profit. (Hint: One approach, but not the only approach, is to try a graphical procedure first and then deduce the constraints from the graph.) b) Generate a sensitivity report and explain the report in relation to objective coefficients and constraints coefficients.
The sensitivity report helps understand how changes in the profit per unit or resource capacities would affect the optimal solution and profit. It provides valuable insights into the sensitivity of the problem to these coefficients.
To solve this problem using Solver, we need to maximize the company's profit by determining the number of each type of truck to produce.
Let's denote:
x1 = number of type 1 trucks to produce
x2 = number of type 2 trucks to produce
The objective is to maximize profit, which is calculated as:
Profit = 1000 * x1 + 1500 * x2
Now, let's determine the constraints:
1. Painting shop constraint:
The total number of trucks painted per day cannot exceed the capacity of the painting shop. We have two options:
- If the painting shop is completely devoted to painting type 1 trucks, the maximum number of trucks painted is 800.
- If the painting shop is completely devoted to painting type 2 trucks, the maximum number of trucks painted is 700.
Therefore, we have the constraint:
x1 <= 800
x2 <= 700
2. Assembly shop constraint:
The total number of trucks assembled per day cannot exceed the capacity of the assembly shop. We have two options:
- If the assembly shop is completely devoted to assembling type 1 truck engines, the maximum number of engines assembled is 1500.
- If the assembly shop is completely devoted to assembling type 2 truck engines, the maximum number of engines assembled is 1200.
Therefore, we have the constraint:
x1 <= 1500
x2 <= 1200
3. Non-negativity constraint:
The number of trucks produced cannot be negative:
x1 >= 0
x2 >= 0
Now, we can set up Solver in Excel to solve this problem.
a) Using Solver to maximize profit:
1. Set up a table in Excel with the following columns: "Type 1 Trucks (x1)", "Type 2 Trucks (x2)", and "Profit".
2. In the "Profit" column, enter the formula: "=1000 * x1 + 1500 * x2".
3. Set up the constraints by going to Solver in Excel:
- Set the objective to maximize the "Profit" cell.
- Set the variable cells to "x1" and "x2".
- Add the constraints: x1 <= 800, x2 <= 700, x1 <= 1500, x2 <= 1200, x1 >= 0, x2 >= 0.
4. Click "Solve" in Solver, and it will provide the optimal values for x1 and x2 that maximize the profit.
b) Generating a sensitivity report:
1. After solving the problem using Solver, go to Solver in Excel and click on "Options".
2. Check the box for "Produce Sensitivity Report" and click "OK".
3. The sensitivity report will show information about objective coefficients and constraint coefficients.
- Objective coefficients represent the impact of changing the profit per unit of each truck type. Higher coefficients indicate a greater impact on profit.
- Constraint coefficients represent the impact of changing the availability of resources (painting and assembly capacities). Higher coefficients indicate a greater impact on the optimal solution.
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On March 5 PV Inc purchased $3,300 worth of merchandise from Panther Supply with the terms 2/10,n/30 On March 14, PV Inc paid Panther Supply the amount owed less the discount. Show the journal entry for March 5 and March 14 a
In which city were the world trade center towers located?.
How can I catch Tyranitar in Pokemon Swords?
Answer:
Explanation:
result for How can I catch Tyranitar in Pokemon Sword?
Tyranitar Location in Pokemon Sword & Shield: You can find Tyranitar in the following locations:
Shield Edition: From evolving Pupitar (at Level 55)
Shield Edition: It's a special encounter in the middle of Dusty Bowl (Wild Area, where the sand is).
round 312,5 up to rand
Answer:
313 rand
Explanation:
To round up any number, ynetraing decimal. Value is accessed if the value is less than or equal 4 , we round the value to 0 ; however, if the value is greater Than or equal to 5 ; we round up to 1 and add to the preceeding digit or value.
In this case ; 312. 5 will be rounded to 313 ;
Since th trailing digit is 5 ; we round up to 1 and add to the preceeding value ; 2 + 1 = 3
Hence, 313 rand
A large bakery buys flour in 25 kg bags. The bakery uses an average of' 4,860 bags a year. Preparing an order and receiving a shipment of flour bags involves a cost of $10 per order. Annual holding cost is $5 per flour bag. a) Determine the economic order quantity.
b) What is the average number of bags on hand (i.e., in inventory)?
c) How many orders per year will there be?
d)Calculate the total annual cost of ordering and holding flour.
e)If ordering costs were to increase by 50 percent order, by what percentage would the EOQ change?
a) Economic Order Quantity(EQO):Economic Order Quantity can be calculated using the following formula. \(EOQ = \sqrt{\frac{2DS}{H}}\)Where D = Annual Demand in Units S = Ordering Cost per Order H = Annual Holding Cost per UnitThen EOQ will be: \(EOQ
= \sqrt{\frac{2*4,860*10}{5}}\)= \(\sqrt{19,440}\) = \(139.28\) (approx.)The economic order quantity is 139 bags.b) Average Number of Bags on Hand:To find out the average number of bags on hand, we can use the following formula: \(Average\ number\ of\ bags\ on\ hand = \frac{EOQ}{2}\)= \(\frac{139}{2}\) = \(69.5\) (approx.)The average number of bags on hand is 69.5 bags.c)
Number of Orders per Year:We can find the number of orders per year by using the following formula: \(Number\ of\ Orders\ per\ Year = \frac{D}{EOQ}\)= \(\frac{4,860}{139}\) = \(34.89\) (approx.)So, there will be 34 orders per year.d) Total Annual Cost of Ordering and Holding Flour:Total Annual Cost of Ordering and Holding Flour can be calculated using the following formula:
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Which career pathways involve high risk due to exposure to dangers?
Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Intelligence Analysts in the Security and Protective Services pathway
Intelligence Analysts in the Security and Protective Services pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Answer:
Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.
Explanation:
The career pathways that involve high risk due to exposure to dangers is :
A) Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.
"Career Pathways"The career pathways that involve high risk due to exposure to dangers is:
Firefighters in the Emergency
Firefighters too give an critical part in teaching the open with respect to fire and security.
Instructing fire anticipation and teaching the open on how to reply in crisis circumstances can offer assistance spare lives.
Fire Management pathway
Candidates require a long time of work encounter in law requirement, fire security, or an crisis administration field.
Crisis administration executives ordinarily require a bachelor's degree
Correctional Officers in the Corrections pathway
Corrections officers may do a few or all of the taking after:
supervise prisoners' day by day schedule, which incorporates feast, work and amusement times. screen, evaluate and oversee the conduct and security of detainees watch jail buildings and grounds.
Detention Officers in the Law Enforcement pathway.
A detainment officer forms prisoners, keeps up imprison security, serves dinners, transports detainees, gets and forms detainees into care of educate, looks detainees, and takes charge of individual property and gives detainees with opportunity to call their lawyer or relative.
A Career Pathway traces the positions, compensation, and preparing required to development in an industry.
Thus, the correct answer is A.
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missionary salespeople are: group of answer choices salespeople who process routine orders for products that are presold by the company;
Missionary salespeople are sales representatives who promote the products or services of a company but do not complete transactions.
They educate customers on the benefits of the product and encourage them to make a purchase. Therefore, the correct answer is Salespeople who promote the products of the company by educating the customers.
selling in which the salesperson's role is to inform an individual with the power to influence others to buy a product, rather than to make a direct sale to that person; a missionary salesperson is also known as a Detailer.
In missionary selling, a salesperson focuses on building a relationship with an individual who can influence the buying decision, instead of trying to directly land the sale. This approach is a form of indirect selling.
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What should investors consider when planning for their retirement? Check all that apply. -the amount an employer will match for a 401(k) -the contributions an employer will make to an IRA -the ideal age to establish a particular retirement plan -the amount an investor is allowed to contribute annually -the tax laws and breaks related to different retirement plans -the amount that can be withdrawn early without getting taxed
In a 401k the employer usually matches a percentage and if you are lucky dollar for dollar, where in an IRA it is does an an extra option with a set amount of money usually 2500 or more for each IRA contribution.
Correct option is A, C, D and E.
1. The amount an employer will match for a 401(k):- you don't have to forget when you will need the money, retirement is years away, but you have to know what choices will make it worth by the time you need the money back. And it is also important to know really how much you can invest. When you have a large amount more options are available. But using a variety of investments will reduce the risk.
3. The ideal age to establish a particular retirement plan:- that will set you up for the plan you need. Below 50 or older.
4. The amount an investor is allowed to contribute annually, the federal law allows a maximum contribution for participants older than 50.
5. The tax laws and breaks related to different retirement plans:- retirement plans can often give you tax benefits in the present it depends to the one you choose. For example, the payment of the tax on the money deposited in a traditional 401 (k) plan can be delayed until the money is withdrawn from the account.
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Answer:
A,C,D,E
Explanation:
I did it and this was correct.
what is the customer margin for denny corporation? what conclusion can you draw from this information?
The entire revenue that a customer generates (from all transactions) less the cost to acquire and maintain them is known as customer margin. Providing the same excellent service to every customer won't get you where you want to go—you need a diversity of clients who contribute to positive customer margins. Take the amount a customer paid and deduct amortized fixed costs to determine the profit margin.
Computation of Customer margin:
Sales = $9000
Less: Costs
Direct Material = $1800
Direct Labor = $1350
Manufacturing
Overhead = $6750 ($9900)
Customer Margin = ($900)
With a $900 negative customer margin, it can be concluded that Denny Corporation is not profitable.
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Costas Company has beginning and ending raw materials inventories of $64,000 and $80,000, respectively. If direct materials used were $310,000, what was the cost of raw materials purchased?
a. $310,000.
b. $330,000.
c. $294,000.
d. $326,000.
The cost of raw materials purchased for Costas Company based on provided data is $326,000. Therefore, the correct option is d.
To find the cost of raw materials purchased for Costas Company, follow these steps:
1. Note the beginning raw materials inventory: $64,000
2. Note the ending raw materials inventory: $80,000
3. Note the direct materials used: $310,000
4. Use the formula:
Raw materials purchased = (Direct materials used + Ending raw materials inventory) - Beginning raw materials inventory
5. Plug in the values:
Raw materials purchased = ($310,000 + $80,000) - $64,000
6. Calculate:
Raw materials purchased = $390,000 - $64,000
7. Calculate:
Raw materials purchased = $326,000
The cost of raw materials purchased for Costas Company is $326,000, hence option d is correct.
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The collection of interactions a company has with a customer who has already purchased a product is
called
When dealing with customers face-to-face, a good customer service technique is
to
When speaking with customers over the phone, it is important to be aware of
can change the meaning of what is said.
If the customer appears to be frustrated the company service agent should try to understand the situation and should be familiar with situation.
What is a customer service technique?
A good service technique is a face-to-face interaction, first listen, summarize the problems, and repeat one should try to get a detailed insight into the problem and understand the client's frustration they should remember to tackle the situation carefully. They should have patience, empathy, and other qualities.
What are three important technique of customer service?
Essentially, the three "p"s of professionalism, patience, and a "people-first" mindset are the three key components of good customer service. Although each customer's experience with customer care is unique, as long as you're adhering to these rules, you're on the right route.
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Answer:
The collection of interactions a company has with a customer who has already purchased a product is
called
✔ customer service
.
When dealing with customers face-to-face, a good customer service technique is
to
✔ maintain eye contact
.
When speaking with customers over the phone, it is important to be aware of
✔ tone of voice
because it can change the meaning of what is said.
Actually got it right.
Have a good one!
Do believe that entrepreneurs are 'born' and not 'made'? Justify your answer.
Answer:
Entrepreneurs are born and not made.
Explanation:
In order to be an entrepreneur you must have good business ethic and life skills, no one can make you have the mindset and ethic of an entrepreneur only influence on the skills you are already born with.
consumers who defend a company against detractors and help other customers in the use of the product are called .
Consumers are referred to as champions when they stand up for a business against critics and assist other customers in using the product.
A programme called Consumer Champion aims to increase the capacities of consumer groups and allied organizations in EU, EEA, and candidate countries. Three areas—activity training, networking, and resources—are the emphasis of Consumer Champion.
Client champions may benefit your organization by collecting customer feedback and demonstrating to the consumers that the firm would go above and beyond to use the data to boost customer loyalty and happiness.
In the end, the CX Champion's job is rather straightforward. They must comprehend the client experience, recognize the difficulties faced by those consumers, and collaborate with corporate stakeholders to find solutions to those problems before lost business results.
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How do you earnmoney as a 12 year old legally
Answer:
You can't work but you could do stuff for your parents and your neighbors and get money for doing it.
Explanation:
Henry works at a restaurant. One of his best chefs has just called in sick minutes before the dinner rush, and Henry needs to make sure that his inexperienced kitchen staff is preparing food with quality and speed. In this example, which style of leadership would be most effective for Henry to achieve his goals?
Answer:
b.
Coaching
Explanation:
Answer:
is B. Coahing
Explanation: here is the proof