occurs when managers cannot assign probabilities of future occurrence to possible alternatives with a decision. Select one: a. risk. b. bounded rationality. c. certainty. d. uncertainty.
Answers
The correct option is d. uncertainty. The term that describes the situation when managers cannot assign probabilities of future occurrence to possible alternatives with a decision is called uncertainty.
In uncertain situations, managers have limited knowledge about the future outcomes of their decisions, which makes it difficult for them to predict the consequences of different alternatives accurately. Uncertainty can arise due to a lack of information, changes in the external environment, or the complexity of the decision problem. In contrast, certainty refers to situations where managers have complete information about the outcomes of their decisions and can accurately predict their consequences. Risk, on the other hand, refers to situations where managers can assign probabilities of occurrence to possible alternatives with a decision. Bounded rationality is a concept that suggests that decision-makers have cognitive limitations that prevent them from making completely rational decisions. In uncertain situations, managers need to rely on their experience, intuition, and judgment to make the best possible decision. They may also use decision-making tools such as scenario planning, sensitivity analysis, and simulation to evaluate the potential outcomes of different alternatives. It is important for managers to acknowledge and manage uncertainty in their decision-making processes to avoid making costly mistakes.
Learn more about uncertainty here
https://brainly.com/question/1970053
#SPJ11
Related Questions
a $1000 bond with an 8.2% coupon rate, interest paid semiannually, and maturing in six years is currently yielding 7.6% in the market. what is the current price of the bond?
Answers
The current price of the bond is $126.33 with a par value of $1000 and a 8.2% semiannual coupon rate
A bond's yield to maturity is calculated by finding the discount rate that equates the present value of a bond to its current market price. Thus the market price is negatively correlated with the bond's yield to maturity.
In this question, the bond has a par value of 1000, a semiannual coupon of 1000 * 8.2% / 2 = 41. The bond matures in 6 years, so there are 12 coupon payments left. Applying the formula, the yield to maturity is the solution to the following equation and finding the current price.
\({}\displaystyle \frac{41(1 - (1 + 7.6\%/2)^{-12})}{7.6\%/2} + \frac{1000}{(1 + 7.6\%/2)^{12}}\)
= 126.33
So, the price of the bond currently is $126.33
Learn more about bonds:
https://brainly.com/question/23266047
#SPJ4
Some large publishers have stopped publishing children’s books because they are expensive to produce and distribute. This is an example of an offensive strategy. True or false?.
Answers
Answer:
False
Explanation:
it cost roughly around 5k to produce 100k+ books and they make roughly 65k
If a perpetuity bond has an interest payment of $80 and your required yield is 10%, the most you would be willing to pay for the bond is $1,000. $800. $8,000. $80.
Answers
The most you would be willing to pay for the perpetuity bond is $800. This is because the required yield of 10% is the discount rate used to calculate the present value of the perpetuity bond.
Using the formula PV = PMT/r, where PV is the present value, PMT is the interest payment, and r is the required yield, we can calculate that the present value of the perpetuity bond is $800 (PV = $80/0.1).
A perpetuity bond is a type of bond that pays a fixed interest payment indefinitely. Because there is no maturity date, the present value of the bond is calculated using a discount rate, which represents the investor's required yield. In this case, the required yield is 10%, which means that the investor expects to earn a 10% return on their investment.
To calculate the present value of the perpetuity bond, we use the formula PV = PMT/r. In this case, the interest payment is $80 and the required yield is 10%, so the present value of the bond is $800 (PV = $80/0.1). This means that if the bond were priced higher than $800, the investor's required yield would not be met, and they would not be willing to pay that price for the bond. Therefore, the most they would be willing to pay for the bond is $800.
Learn more about perpetuity bond: https://brainly.com/question/29312920
#SPJ11
consider two firms who choose what quantity to produce. they can produce either 0, 8 or 16 units of a good, and face a cost of c(q)=10q market demand follows p(q)=100-3q in the nash equilibrium of this game, how much does each firm produce? suggestion: calculate the profits they obtain for each of the 9 combinations (or just 6, and take advantage of the symmetry of the problem), write down the game in its normal form (payoff matrix), and then use the underlining method to match best responses.
Answers
The firm should set marginal revenue equal to marginal cost.
The position of corporations in an economic system. companies appoint different factors of production This consists of employing employees to provide goods and offerings with the aid of using labor firms to pay wages developing a flow of profits to households, which in the end may be spent by using families on goods produced by different corporations.
A firm combines its factors of manufacturing with the intention to produce items or output the entire amount of output the company produces, the company's overall product, relies upon the portions of things that the firm purchases or employs.
Given the fact that this company is running in a competitive marketplace, the marketplace rate it faces is the same as marginal sales.
Learn more about firm produce here:-https://brainly.com/question/21416839
#SPJ4
not successful way to budgeting strategy
Answers
During the past few decades, the percentage of our income spent on health care: Group of answer choices has increased due to an aging U.S. population. has decreased due to costly advances in medical technology. has increased due to advanced demand-and-supply distribution of health care facilities. has decreased due to increased regulation and decreased administrative costs. has decreased due to the reduction in health care costs.
Answers
Answer:
Has increased due to an aging U.S. population
Explanation:
Health care spending as percentage of GDP
The US is said to have had the highest health care spending of about 17.1% of GDP when compared to France of 11.6%, Sweden, Germany, Netherlands and other countries.
The United States is said to be the only advanced economy that tolerates having a significant portion of its citizens uninsured as well as have the largest private market for healthcare financing of any nation. The US also use or spend more per capital on health care services than any other nation, but has some of the poorest health outcomes.
Affordable Care Act
This law was set up to increase the access to existing insurance programs, instead to redesign the entire insurance system., it also serves to provide federal funding to expand access to insurance, while giving room for state differences in implementation of the law. and increase private health insurance markets, subject to extensive federal regulations etc.
Jake and Latasha Lalime live in Swarthmore, PA. Latasha's father, Musashi, lives in Sweden. For each of the following transactions that occur in their lives, identify whether it is included in the calculation of U.S. GDP as part of consumption (C), investment (I), government purchases (G), exports (X), or imports (M).
A. Latasha gets a new video camera made in the United States.
B. Latasha's father in Sweden orders a bottle of Vermont maple syrup from the producer's website.
C. Jake's employer upgrades all of its computer systems using U.S.-made parts.
D. The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore.
E. Jake buys a bottle of Italian wine.
Answers
Answer:
a. consumption
b. export
c. Investment
d. Government spending
e. consumption, import
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
When exports exceeds import there is a trade deficit and when import exceeds import, there is a trade surplus.
Items not included in the calculation off GDP includes:
1. services not rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products
Latasha's purchase of the made in US video camera would be added as part of consumption spending by households on durable goods.
Latasha's father's purchase of Vermont syrup would be added as export in US's GDP. Export are goods that are sold to other countries.
government purchases includes all of the government spending.
the computer upgrade would be added a part of investment. Investment includes all of business spending.
Jake imported the wine, so it would be recorded as import and also as part of consumption spending on non durable goods
VOTE TOM NOOK FOR PRESIDENT FOR 2024
Answers
:0
yas I will vote him!
lol
wait..no! He will just take our money. My answer is a maybe.
Where is the main Federal Reserve Bank located?
Answers
please mark me brilliance
in the ____________, households work and receive payment from firms.
Answers
Answer:
labor market
Explanation:
Homework: Chapter 1 Recap O Points: 0 of 1 Suppose you read a story that claims women are four times as kalyan es to vista cesan hostals ency On what type of data source in the claim in the stary based) Choose the conect answer below OA These dala are responses from a survey OB. These data are outcomes of a designed experiment OC. These dels are distributed by an organization Question 6, 12:13 OD. These data are collected by ongong business activi Of These data are results of an observational study
Answers
If a story claims that women are four times as likely to get a cesarean section than men, then the type of data source that the claim in the story is based on is observational study data. The story is reporting an observation that women are more likely to have a cesarean section than men.
An observational study is a research design that involves collecting and analyzing data from subjects without manipulating the variables under investigation. This type of study is used to observe and document patterns of behavior or events as they occur in real-life settings. An observational study typically involves collecting data through observation, surveys, or other forms of data collection methods. These data are then analyzed to identify patterns, trends, and relationships between variables. Observational studies are used to gather information about a phenomenon or behavior when it is not possible or ethical to manipulate the variables under investigation. They are also useful when the variables are complex and cannot be easily controlled or manipulated. Observational studies can provide valuable insights into the natural behavior of a system or phenomenon, and can be used to generate hypotheses for further investigation in more controlled settings.
to know about observational study visit:
https://brainly.com/question/28191144
#SPJ11
Use Laplace transform to solve the following initial value problems:
(a) y'- 2y + 2y = cost, y(0) = 1, y'(0) = 0.
(b) y)-y=0, y(0)=2, (0) = -2, (0)=0, "(0) = 0.
(c) y + y(t) = '(0) = 0. 0 1≤t<5 otherwise, y(0) 0,
Answers
The given initial value problems involve differential equations that can be solved using Laplace transforms.
In problem (a), the Laplace transform will be used to find the solution for the given equation and initial conditions. In problem (b), the Laplace transform will be applied to solve a different equation with specific initial conditions. Lastly, problem (c) requires applying the Laplace transform to find the solution for a differential equation with a piecewise function and initial condition.
(a) To solve the initial value problem y' - 2y + 2y = cost, y(0) = 1, y'(0) = 0, we first take the Laplace transform of both sides of the equation, substitute the initial conditions, and then solve for Y(s). After finding Y(s), we take the inverse Laplace transform to obtain the solution y(t).
(b) For the initial value problem y" - y = 0, y(0) = 2, y'(0) = -2, y''(0) = 0, we again take the Laplace transform of the given equation and apply the initial conditions. This will give us the transformed equation in terms of the Laplace variables. By solving for Y(s), we can then use the inverse Laplace transform to find the solution y(t).
(c) In the initial value problem y' + y(t) = '(0) = 0, 0 ≤ t < 5, and y(0) = 0, we encounter a piecewise function. We will apply the Laplace transform to the equation, taking into account the different intervals. By considering the initial condition and solving for Y(s), we can obtain the inverse Laplace transform to find the solution y(t) for the given differential equation.
Using Laplace transforms allows us to solve these initial value problems and find the solutions to the respective differential equations with their specific initial conditions.
Learn more about Laplace transforms here:
https://brainly.com/question/30759963
#SPJ11
Telling customers that they only have until midnight to get sale prices is an appeal to
A. ethos.
B. logos.
C. pathos.
D. kairos.
Answers
Answer:
D. kairos.
Explanation:
Telling customers that they only have until midnight to get sale prices is an appeal to kairos.
Answer:
It's d
Explanation:
"GNP is divided into four possible uses for which a country's
final output is purchased:____.
Answers
Gross National Product (GNP) is divided into four possible uses for which a country's final output is purchased: consumption, investment, government spending, and net exports.
Gross National Product (GNP) represents the total value of goods and services produced by a country's residents, including both domestic and international production. It is divided into four possible uses, which provide insights into how the country's final output is purchased and allocated.
Consumption: This refers to the spending by households on goods and services. It includes expenditures on items such as food, clothing, housing, healthcare, and entertainment. Consumption is a crucial component of GNP as it reflects the overall level of demand and the standard of living in a country.
Investment: Investment represents spending by businesses on capital goods such as machinery, equipment, and infrastructure. It also includes spending on research and development, which contributes to innovation and economic growth. Investment plays a vital role in increasing productive capacity and stimulating economic activity.
Government Spending: This refers to the expenditure by the government on public goods and services such as education, defense, healthcare, and infrastructure. Government spending contributes to the overall demand in the economy and can influence economic growth and employment levels.
Net Exports: Net exports represent the difference between a country's exports and imports. If a country's exports exceed its imports, it has a trade surplus, and if imports exceed exports, it has a trade deficit. Net exports contribute to GNP by reflecting the international trade balance and the country's participation in the global economy.
In summary, GNP is divided into four possible uses: consumption, investment, government spending, and net exports. These components help understand how the country's final output is utilized and provide insights into the overall economic activity and performance.
LEARN MORE ABOUT exports HERE:
https://brainly.com/question/28590941
#SPJ11
in an economy with constant velocity, a real gross domestic product growth rate of 2 percent, an ex ante real interest rate of 3 percent, and a money supply that is expected to grow at 7 percent, the nominal interest rate would be percent.
Answers
The nominal interest rate would be 12%. Nominal interest rate is the percentage rate of interest that is quoted on a loan or deposit, without adjusting for inflation.
Nominal interest rate is the interest rate as it is stated, without any adjustment for the effect of inflation on the purchasing power of the money that will be received. It is the rate of interest that borrowers pay on loans and the rate of interest that depositors receive on savings and other deposit accounts.
To determine the nominal interest rate you can use this formula:
Nominal interest rate = Real GDP growth rate + Ex ante real interest rate + Expected growth rate of money supply
In this case:
Nominal interest rate = 2 percent + 3 percent + 7 percent
Nominal interest rate = 12%
Learn more about nominal interest rate, here https://brainly.com/question/13324776
#SPJ4
Please help me with this credit card assignment! (Personal Finance) I need this done by tomorrow! Please help! I’d greatly appreciate it!
Credit Card #1
Truth in Lending Disclosure Statement
Annual Percentage Rate (APR)
1 percent for the first six months after you open the account.
After six months, APR will be 24 percent.
Grace Period
a minimum of twenty-five days to repay without finance charges if the previous balance is paid in full by the due date
Annual Fee
$0
Other Fees
cash advance fee: the greater of $5 or 3 percent of the amount of the cash advance; late payment fee: $30; over-the-limit fee: $30
Credit Card #2
Truth in Lending Disclosure Statement
Annual Percentage Rate (APR)
19.9 percent
Grace Period
a minimum of twenty-five days to repay without a finance charge if previous balance is paid in full by the due date
Annual Fee
$20
Other Fees
cash advance fee: the greater of $3 or 3 percent of the amount of cash advance; late payment fee: $30; over-the-limit fee: $20; returned check fee: $20
Credit Card #3
Truth in Lending Disclosure Statement
Annual Percentage Rate (APR)
19.9 percent
Grace Period
a minimum of twenty-five days to repay without finance charges if the previous balance is paid in full by the due date
Annual Fee
annual membership fee: $50
annual participation fee: $60 ($5 charged monthly)
Other Fees
cash advance fee: $20; balance transfer fee: $25; late payment fee: $20. over-the-limit fee: $20
(Part One)
Read each of the above Truth in Lending Disclosure Statements and answer the questions that follow.
What happens to the interest rate after six months for credit card #1?
Which credit cards have an annual fee?
Is the grace period the same for each of these credit cards?
What fees does credit card #3 have that the other cards do not?
As a good steward, you will pay your credit card bill on time and you will pay the balance each month. Which credit card is the best for you?
1. What happens to the interest rate after six months for credit card #1?
2. Which credit cards have an annual fee?
3. Is the grace period the same for each of these credit cards?
4. What fees does credit card #3 have that the other cards do not? 5.
As a good steward, you will pay your credit card bill on time and you will pay the balance each month. Which credit card is the best for you?
(Part Two)
Go online or visit a financial institution to find information about three credit cards. Some credit cards offer incentives, such as miles toward a free flight or 1 percent back on every dollar you spend. Research information about annual fees, APR, and incentives that credit cards offer. Write two paragraphs of 250 words total, one paragraph about the three credit cards you researched and one paragraph stating which credit card would be best for you and why.
Answers
Explanation:
Part One:
After six months, the APR for credit card #1 will be 24 percent.
Credit card #1 and credit card #2 do not have an annual fee. Credit card #3 has an annual membership fee of $50 and an annual participation fee of $60 ($5 charged monthly).
Yes, the grace period is a minimum of twenty-five days to repay without finance charges if the previous balance is paid in full by the due date for all three credit cards.
Credit card #3 has a balance transfer fee of $25 that the other cards do not have.
As a good steward who pays their credit card bill on time and pays the balance each month, credit card #1 would be the best option as it has a 0 percent APR for the first six months, no annual fee, and the same grace period as the other cards.
Part Two:
After researching three credit cards, I found that Credit Card A has an annual fee of $95, an APR of 17.49 percent to 24.49 percent, and offers 2 miles per dollar spent on travel and dining. Credit Card B has no annual fee, an APR of 15.49 percent to 25.49 percent, and offers 1.5 percent cashback on every dollar spent. Credit Card C has an annual fee of $550, an APR of 16.99 percent to 23.99 percent, and offers a wide range of travel benefits, including access to airport lounges, a $200 annual airline credit, and 5 points per dollar spent on air travel and hotels.
Based on my research, I believe that Credit Card B would be the best option for me. While Credit Card A offers good rewards for travel and dining, the annual fee is quite high. Credit Card C also has a high annual fee, and while the travel benefits are appealing, I don't travel enough to make full use of them. Credit Card B, on the other hand, has no annual fee and offers a competitive cashback rate on every dollar spent, making it a good choice for everyday use. Additionally, the APR range is comparable to the other cards, and the grace period is the same as the other cards, giving me the flexibility to pay my balance in full each month without incurring finance charges.
HELPPPP!!!! WILLL GIVE BRAINLEST!!!
It allows you to rent a car while yours is being repaired. a. auto replacement c. personal damage liability b. comprehensive physical damage d. rental reimbursement
Answers
Answer:
I'm pretty sure the answer is d
Explanation:
Alternatively, you may pay out-of-pocket for your rental then seek reimbursement from the other insurance company once it completes its investigation.
Answer:
D
Explanation:
The impact of Furman v. Georgia (1972) was that states had to
promise to use the death penalty only with approval from the Supreme Court.
throw out the old Miranda warning and write a new one.
agree to throw out all state laws regarding crime and impose national standards.
create clear standards to be applied fairly before imposing the death penalty.
Answers
Answer: D.create clear standards to be applied fairly before imposing the death penalty.
Explanation: The answer it's right there
The impact of Furman v. Georgia (1972) was that states had to
create clear standards to be applied fairly before imposing the death penalty.The Furman v. Georgia caseThis was a case that had to do with the cruel and the unusual way that people faced in the death penalty.
The case ruled that the death penalty was unconstitutional if it was applied in a discriminatory way.
It ruled that the eight amendment was being violated if used in this way.
Read more on Furman v. Georgia here:
https://brainly.com/question/4286300
Maryland colonists who purchased at least 1,000 acres from lord baltimore were known as _______________________.
Answers
Maryland colonists who purchased at least 1,000 acres from Lord Baltimore were known as "proprietary colonists."
In the early years of Maryland's colonization, Lord Baltimore, also known as Cecilius Calvert, granted large tracts of land to individuals who were willing to settle and develop the region. These individuals, known as proprietary colonists, acquired vast amounts of land by purchasing it directly from Lord Baltimore.
To become a proprietary colonist, one had to buy a minimum of 1,000 acres from Lord Baltimore or his representatives. This allowed the colonists to establish large plantations and exercise significant influence and control over the land.
The Maryland colonists who purchased at least 1,000 acres from Lord Baltimore were referred to as "proprietary colonists." This term distinguished them from other settlers who did not own such extensive landholdings.
To know more about colonists visit:
brainly.com/question/17745401
#SPJ11
What considerations arise when designing a research study?
Answers
Research participants should not be subjected to harm in any ways whatsoever. Respect for the dignity of research participants should be prioritised. Full consent should be obtained from the participants prior to the study.
explain the three components of credibility: competence, caring, and character. How do they interrelate?
Answers
Imagine a triangle with a measure of character, skill, or compassion on each side. Each side adds to the credibility of the other.
Competence is related to your skill set and practical knowledge when it comes to finishing activities on the job and carrying out work-related responsibilities. By demonstrating your abilities, you'll become more trustworthy, and your superiors and coworkers will be able to count on you to do the tasks that have been given to you.
Caring is your commitment to the success of both the working community you are a part of and each of its individual members. It is important to act in everyone's best interests and show that you are accountable to other people. Having empathy for the worries and well-being of the business and your coworkers fosters close relationships.
Your moral standing and good reputation with the individuals you work with are represented by your character. Integrity is established by adhering to high standards of personal, organizational, and business values. One of the best ways to foster trust in the workplace, especially in the current context, is to act with integrity.
Learn more about Credibility here
https://brainly.com/question/28099818
#SPJ9
Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Answers
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
Read more on immigration here: brainly.com/question/9809956
#SPJ1
Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
l
l
∨
Explanation:
Here's the picture and I hope this helped!
Have a nice day!
Pls try your best to answer
Pick regular income if it's a regular income and irregular if it's not
1. Wages and salaries
Regular Income
Irregular Income
2. Pensions
Regular Income
Irregular Income
3. Short time work support
Irregular Income
Regular Income
4. Fees from services
Regular Income
Irregular Income
5. Overtime payment
Regular Income
Irregular Income
6. Bonus payment
Regular Income
Irregular Income
7. Commission
Regular Income
Irregular Income
8. Profit
Regular Income
Irregular Income
9. Fees from rent
Regular Income
Irregular Income
10. Lottery wins
Irregular Income
Regular Income
Answers
Answer:
1.Regular Income
2.Regular Income
3.Irregular Income
4.Irregular Income
5.Irregular Income
6.Irregular Income
7.Regular Income
8.Regular Income
9.Irregular Income
10.Irregular Income
Explanation:
Mark me Brainliest if this helped you at all.
Crane Company had the following two transactions related to its delivery truck.
1. Paid $44 for an oil change.
2. Paid $519 to install special shelving units, which increase the operating efficiency of the truck.
Prepare Crane Company's journal entries to record these transactions. Use the format given below:
Answers
The journal entry records the payment of $44 for the oil change expense. The journal entry records the payment of $519 for installing special shelving units.
Journal Entry 1:
Date: [Date of transaction]
Account: Oil Expense
Account: Cash
Debit: $44
Credit: $44
The oil change expense is recorded as an increase in the Oil Expense account. Since the company paid for the expense in cash, the Cash account is credited.
The journal entry records the payment of $44 for the oil change expense, increasing the Oil Expense account and decreasing the Cash account.
Journal Entry 2:
Date: [Date of transaction]
Account: Delivery Truck Enhancement Expense
Account: Cash
Debit: $519
Credit: $519
The payment for installing special shelving units, which enhance the operating efficiency of the truck, is recorded as an increase in the Delivery Truck Enhancement Expense account. As the payment is made in cash, the Cash account is credited.
The journal entry records the payment of $519 for installing special shelving units, increasing the Delivery Truck Enhancement Expense account and decreasing the Cash account.
To know more about Journal Entry visit:
https://brainly.com/question/28390337
#SPJ11
features of small office
Answers
Answer:
just made it yourself
Explanation:
hehehe
Activities that generate external costs will likely be carried out at levels that _____ those that would be efficient.
Answers
Answer:
exceed
Explanation:
In simple words, External losses (also recognized of externalities) relate to the economic definition of uninsured environmental or social impacts. Of example , when people purchase gasoline for a vehicle, they charge for the manufacture of the gasoline (internal expense), though not for the expense of consuming the gasoline, like environmental pollution.
Thus, such costs usually occur when the activities are carried at a level upon their efficiency leading to exploitation and degradation of other resources of use.
Everywhere Sports is a retail store supplying sporting equipment
to community sports clubs. Information about the store’s operations
is as follows:
24 Budgeted financial statements: retailer Everywhere Sports is a retail store supplying sporting equipment to community sports clubs. Information about the store's operations is as follows: - Novembe
Answers
Given that Everywhere Sports is a retail store that supplies sporting equipment to community sports clubs. The budgeted financial statements of Everywhere Sports for November are given below:
Sales revenue= $175,000 Cost of goods sold= $98,000 Gross profit= $77,000 Rent= $11,000 Wages= $35,000 Supplies= $8,500 Advertising= $2,500 Utilities= $3,500 Insurance= $1,200 Depreciation= $2,500 Interest= $1,200Income before tax= $12,000 Income tax expense= $4,200Net income= $7,800
What is net income? The net income is the residual amount of revenue left over after the costs of doing business, such as expenses, interest, and taxes, are subtracted from the sales revenue.
Thus, the net income of Everywhere Sports for November is $7,800.
To know more about budget visit:
https://brainly.com/question/31952035
#SPJ11
dollar damages are considered inadequate and specific performance is considered the proper remedy when a contract for the sale of a unique item is breached by the buyer. true false
Answers
The answer is false. A contract of sale of goods is one in which the seller transfers or agrees to transfer ownership of products to the buyer for a fee. A contract of sale may exist between one part-owner and another.
A selling contract can be absolute or conditional. Party A, for example, agrees to sale wheat crops to Party B. Both parties agree that if Party B pays the agreed-upon amount, he may cut and take the crops. This is a legitimate contract of sale because wheat crops are considered a good. Except for cash and actionable claims, everything transportable property is a good.
To learn more about contract, click here.
https://brainly.com/question/2669219
#SPJ4
a key characteristic of a competitive market is that
Answers
Answer:
There are many buyers and sellers in the market. Each company makes a similar product
(please give brainliest)
A key feature of a competitive market is the presence of numerous buyers and sellers, and each company produces a comparable product.
What is the competitive market?A perfect market, is also referred to as a competitive market, is defined in economics by several idealizing conditions, collectively known as perfect competition, or atomistic competition. It creates jobs and gives people a choice of employers and work environments.
A healthy market competition is critical to the functioning of the US economy. When firms compete for customers, it leads to lower prices, higher quality goods and services, greater variety, and more innovation.
Therefore, The presence of numerous buyers and sellers is a key feature of a competitive market, and each company produces a comparable product.
Learn more about the competitive market, refer to:
https://brainly.com/question/29407851
#SPJ12
Dan wants to create a report that contains all fields from a table. Which option on the create tab should he utilize?
Answers
Answer:
Blank Report
Explanation: