Answer:
The answer is below
Explanation:
The socioeconomic impact of Business to Consumers can be vast, positive, and negative at the same time, it all depends on some variables including the marketing and advertisement strategies, history of the firm or industry sectors, etc.
Hence, the socio-economic impact of business on consumers are:
1. Products and services provided by businesses are utilized by the consumers
2. Good business practices encourage consumers to spend their income on the products and services provided.
3. Competition between businesses leads to manufacturers producing goods and services at cheaper rates possible to consumers
4. Business products and services influence the consumption rates and attitude of consumers such as dress sense, gadgets ownership, etc, among consumers.
A customer is complaining to you about an issue they are having with your company’s product. You know from experience that this issue was caused by the customer. She is clearly wrong but is insisting that you fix the issue. What would you be MOST likely to do?
A. Let the customer finish complaining, then explain to her why she is having the issue.
B. Ask her to stop and explain that because she created the issue, the only thing to do is buy a new product
C. Tell her that you will get back to her after you ask your manager about the issue
D. Explain what she did to create the issue and help her purchase a new product
E. Tell her that you will replace the product, but she needs to be careful not to do this again
Answer:
A. Let the customer finish complaining, then explain to her why she is having the issue.
Explanation:
In dealing with customers it is important that conflicts is on de-escalation in such a way that the customer is satisfied after the transaction and does not feel bad about the incident.
In the given scenario the customer caused the issue but it is important to listen to their complaint and get clarity on the situation.
Cutting the customer short because a similar situation occurred in the past may not reveal all issues. So it is better to hear the customer's full complaint.
Then we need to explain to the customer why the customer is having the issue without emphasising they are wrong.
This will reduce bad feelings on the part of the customer
Negative word-of-mouth communication is more likely to occur when consumers: Group of answer choices repeatedly purchase products of a single brand. perceive that the problem is severe. face problems that are unstable. make purchase decisions that are not credible. are satisfied with the company's responsiveness.
Answer:
perceive that the problem is severe.
Explanation:
The negative worth of mouth communication arise when the problem is very serious. As the firm product would be more famous by the worth of mouth only but if there is a negative worth of mouth communication so it seems that the problem is very serious
Therefore the second option is correct
Hence, all the other options are incorrect
During the recent economic downturn, your community has experienced unemployment rates of approximately 9%. What can be done to mitigate the effects of the financial impact to your organization
Answer:
Reducing the expenditures of the organization by cutting the cost in order to balance or be stable in the economic depression is the most important strategy so far.
Explanation:
Remedies to mitigate the effects of the financial impact to your organization caused due to economic downturn:
Reducing the expenditures of the organization by cutting the cost in order to balance or be stable in the economic depression is the most important strategy so far. Let's see how.
As we know the basic formula of financial management.
Financial Statement = Income + Expenditure.
Obviously, in the time of economic downturn or depression, the first thing and the most important thing is to cutting the unnecessary cost. To be in financial equilibrium, organization has to reduce its manpower. Reduce the defects as much as possible. Reduce wastage as much as possible. Lower the utility bills by reducing the use of unnecessary devices. Promotion of human resources and benefits plus bonuses must be held in abeyance in this difficult time. In this whole scenario, group leaders and higher authorities playing the role of leaders of the organization has the utmost responsibility to bring their employees and staff in confidence. As a result, organization will undoubtedly survive the wave of depression in the long run.
Jerry permanently moved from Florida to California on January 1, 2019. He received $12,000 pension income during 2019 through a qualified plan from his former Florida employer. What amount of his qualified pension income is taxable by California
Answer:
$0
Explanation:
Based on the information given what will be the amount of his qualified pension income that is taxable by California will be $0 amount reason been that the income amount he received was from is formal Florida employer which will be received the following year, therefore that means that there would not be tax on the pension amount received.
4pass Inc. just paid an annual dividend of $1.12. The company follows a dividend policy that raises dividends annually at a rate of 4% (and expects this rate to go forever). The required rate of return is 13%. What is today's stock price?
Answer:
the stock price today is $12.94
Explanation:
The computation of the stock price today is as follows;
Current price = Dividend at year 1 ÷ (Required return - Growth rate)
= ($1.12 × 1.04) ÷ (0.13 - 0.04)
= $12.94
hence, the stock price today is $12.94
It could be computed by applying the given formula so that the correct price could come
Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $30,500; net cash used in investing activities was $11,000 and net cash used in financing activities was $13,500. If the beginning cash balance is $5,500, what is the ending cash balance
Answer:
$38,500
Explanation:
Sheridan's ending cash balance can be calculated as;
= Beginning cash balance + cash provided by operating activities + cash provided by financing activities - cash used by investing activities
= $5,500 + $30,500 + $13,500 - $11,000
= $38,500
Therefore, the ending cash balance is $38,500
g assume it takes the fed 4 months to understand that a demand shock has occurred in the economy, and another 1 month to adjust policy to the shock. the initial 4 month time period refers to the
Answer:
The answer is recognition lag
Explanation:
Recognition lag can be found in monetary policy and is the amount of time it takes a national government to react or respond to an economic shock, such as a sudden boom or bust.
Some types of policy lags include: decision lag, implementation lag and recognition lag.
how to find a company liquidity and profitability from annual report
Answer:
A company liquidity and profitability from annual report is calculated and discussed below in details.
Explanation:
The current ratio (also identified as the working capital ratio) estimates the liquidity of a corporation and is computed by dividing its prevailing assets by its prevailing liabilities. The title current applies to short-term assets or contracts that are used (assets) and cleared off (liabilities) is shorter than one year.
An Income Report is traditionally applied to estimate the profitability of the company for the prior accounting period.
Which one of the following statements is correct? Process costing systems assign costs to departments or processes for a time period. Process costing systems use periodic inventory systems. Production is continuous when a job-order costing is used to ensure that adequate quantities are on hand. Companies that produce many different products or services are more likely to use process costing systems.
Answer: Process costing systems assign costs to departments or processes for a time period.
Explanation:
Process costing is the costing method used for when production is done in batches or mass produced. The products are assumed to have the same cost.
For this reason therefore, process costing assigns all costs to batches which means that in a time period, costs would be assigned to departments or processes as it is assumed that all the products in the batch contributed the same cost to the department or process.
Reverend Isaiah receives an annual salary of $36,000 as a full-time minister. This includes $4,000 designated as rental allowance to pay utilities. Rev. Isaiah is not exempt from self-employment tax. How much must he include when figuring net income for self-employment tax
Answer: $36,000
Explanation:
When paying Income Tax, Reverend Isaiah will be allowed to deduct the money designated as rental allowance to pay utilities but when it comes to Self-employment taxes, he must include the entire salary he receives.
This means that the Reverend will have to include his entire annual salary of $36,000 when working out his Self-employment tax.
WILL MARK BRAINLIEST Submit your project comparing the financial performance of two companies. Record your information in a table and
submit the table. Be sure to follow these guidelines:
• Create a table that shows the two companies you have selected with the following financial data for both companies
for three years: revenue, total assets, current assets, total liabilities, current liabilities, shareholder equity, and net
income.
Add the following financial ratios for both companies to the table: profit margin, return on equity, return on assets,
debt-to-equity ratio, asset turnover ratio, and current ratio.
• Interpret the data in your table, and draw conclusions about the financial performance of both companies.
Explain why you think one company outperformed the other financially.
.
.
Explanation:
I have some questions, is this an essay or a document and when is it due
If Jane is not maximizing her utility with the original purchase, remembering the Law of Diminishing Marginal Utility, would she be better off buying one less fries and one more chicken sandwich? Explain your reasoning and show any calculations.
Answer:
Since Jane's marginal utility per dollar spent is much greater for chicken sandwiches, that means that she is not maximizing her utility by purchasing fries. Instead of buying the third order of fries she should buy another chicken sandwich. The third order of fries only yields 3 utils per dollar. We are not given the exact utils per dollar of the fourth chicken sandwich, but the third one yielded 15 utils per dollar and the marginal decline is not that steep. The important number is the utils per dollar, not the price of the goods.
A targeted cover letter is written specifically for work within the industry you prefer.
Answer:
What does it take for your resume and cover letter to make an impact when an employer may have received hundreds of r
resumes for the position you applied for?
Employers can receive a tremendous number of resumes for every position they advertise. It may seem like an almost impossible task for a company to weed through them to find the best applicants to interview, or for you to be one of the selected candidates.
If you observe suspicious activity relating to a client's application for a financial product, you must notify your Team Leader, District General Manager, or Franchisee immediately.
a. True
b. False
Answer:
True
Explanation:
In simple words, every individual working in the fiance industry have a moral obligation and rules to follow. Under these obligations the individuals have some duties to clients as per which if the worker see something inappropriate regarding the activity of their client, he or she should first report to their immediate supervisor or take outside suggestion before going to the authorities.
Hence the given statement is true.
Assume you are bequeathed $500 by a long-lost cousin. You decide that, for the next year, you will put all that money in the bank until you decide what to do with it. The bank is currently paying an interest rate of 4%.
a. At the year's end you will have $______
b. At the year's end your savings will have increased by $________
Answer:
Results are below.
Explanation:
Giving the following information:
Initial investment (PV)= $500
Number of periods (n)= 1 year
Interest rate (i)= 4% = 0.04
To calculate the future value after one year, we need to use the following formula:
FV= PV*(1+i)^n
FV= 500*(1.04^1)
FV= $520
The savings increased by $20.
You purchased shares of a mutual fund at a price of $20 per share at the beginning of the year and paid a front-end load of 6.0%. If the securities in which the fund invested increased in value by 10% during the year, and the fund's expense ratio was 1.5%, your return if you sold the fund at the end of the year would be
Answer:
1.99%
Explanation:
Calculation for your return if you sold the fund at the end of the year
Return={[$20 * (100%-6%) * (1.10 - .015)] -$20}/$20
Return={[$20 * .94 * (1.10 - .015)] -$20}/$20
Return = 1.99%
Therefore your return if you sold the fund at the end of the year would be 1.99%
Ken Larch is a tailor. He bought two industrial sewing machines from his father. He placed both machines in service in the same year he bought them. All of the following are true except:________.A. The sewing machines do not qualify as section 179 propertyB. Ken cannot claim a section 179 deduction for the cost of these machinesC. Ken can claim a partial section 179 deductionD. The asset must be used at least 50% of the time for business in the first year it is placed in service to qualify for a section 179 deduction
Answer:
A.The sewing machines do not qualify as section 179 property
Explanation:
Section 179 deduction is available for machinery bought and used in the business in the same year provided the usage in business is more than 50% and upper limit on deduction is $ 500,000. However, a partial deduction is possible in case cost of machine exceeds $500,000. Hence, the first option in the given question is not true.
Find the APR, or stated rate, in each of the following cases (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.): Stated Rate (APR) Number of Times Compounded Effective Rate (EAR) % Semiannually 12.3% Monthly 13.2 Weekly 10.9 Infinite 14.6
Answer and Explanation:
The computation is as follows:
The following is the formula for the annual percentage rate
Annual percentage rate = m × [(1 + effective annual rate)1 ÷ m - 1]
where,
m = compounding period
For Semiannually
APR = 2× [(1.1123)^1 ÷ 2 - 1]
= 11.94%
For monthly
APR = 12 × [(1.132)^1 ÷ 12 - 1]
= 12.46%
For weekly
APR = 52 × [(1.109)^1 ÷ 52 - 1]
= 10.36%
For infinite
APR = ln(1 + 0.0146)
= 13.63%
Blue Spruce Corp. purchases a patent for $320,000 on January 2, 2022. Its estimated useful life is 16 years. Prepare the journal entry to record amortization expense for the first year.
If your co-worker sends you $30 each week via Cash App for lunch and you transfer it to your bank account instantly (1.5% fee), how much are you being charged in fees for the year?
Answer:
$23.4
Explanation:
Each week, the co-worker sends $30, the feed for transfers is 1.5%. The charges per week are
=1.5 % of $30
=1.5% x $30
=0.015 x $30
=$0.45
One year has 52 week, The charge per year will be
=$0.45 x 52
=$23.4
According to the PMQ Pizza Magazine, an estimate of pizza sales in the United States for the top 100 pizza companies was $44.3 billion in 2018. Below are the top 5 companies with the number of franchise units and total gross sales in $ millions.
Name Units sales
Domino's 14,490 12252
Pizza Hut 16,336 12034
Little Caesars Pizza 5365 4000
Papa John's International 5071 3695
California Pizza Kitchen 260 840
a. Using the data set, compute the sales per unit. (Enter the answers in $ millions. Round your answers to 3 decimal places.)
b. Construct a frequency distribution based on total sales.
Frequency Sales ($ millions)
O up to 1750
1750 up to 3500
3500 up to 5250
5250 up to 7000
7000 up to 8750
8750 up to 10500
10500 up to 12250
12250 up to 14000
Total
c. Construct a frequency distribution of companies based on per unit sales. (Enter the answers in $ millions.)
Frequency Per unit sales ($ millions)
0.0 up to 0.5
0.5 up to 1
1 up to 1.5
1.5 up to 2
2 up to 2.5
2.5 up to 3
3 up to 3.5
3.5 up to 4
Total
Answer:
PMQ Pizza Magazine
Estimate of Pizza Sales in the United States for top 100 pizza companies
a. Computation of the sales per franchise unit:
Name of company Units Sales Sales per Franchise unit
Domino's 14,490 12,252 $0.845
Pizza Hut 16,336 12,034 0.737
Little Caesars Pizza 5365 4,000 0.746
Papa John's International 5071 3,695 0.729
California Pizza Kitchen 260 840 3.231
b. Frequency distribution based on total sales:
Frequency Sales ($ millions)
O up to 1750 840
1750 up to 3500 0
3500 up to 5250 7,695
5250 up to 7000 0
7000 up to 8750 0
8750 up to 10500 0
10500 up to 12250 12,034
12250 up to 14000 12,252
Total sales 32,821
c. Frequency distribution of companies based on per unit sales:
Frequency Per unit sales ($ millions)
0.0 up to 0.5 0
0.5 up to 1 4
1 up to 1.5 0
1.5 up to 2 0
2 up to 2.5 0
2.5 up to 3 0
3 up to 3.5 1
3.5 up to 4 0
Total 5
Explanation:
a) Data and Calculations:
Total estimated sales in 2018 = $44.3 billion
Top 5 Companies Total gross sales in $ millions.
Name of company Units Sales Sales per Franchise unit
Domino's 14,490 12,252 $0.845 (12,252/14,590)
Pizza Hut 16,336 12,034 0.737 (12,034/16,336)
Little Caesars Pizza 5,365 4,000 0.746 (4,000/5,365)
Papa John's International 5,071 3,695 0.729 (3,695/5,071)
California Pizza Kitchen 260 840 3.231 (840/260)
b. Frequency distribution based on total sales:
Frequency Sales ($ millions)
O up to 1750 840
1750 up to 3500 0
3500 up to 5250 7,695
5250 up to 7000 0
7000 up to 8750 0
8750 up to 10500 0
10500 up to 12250 12,034
12250 up to 14000 12,252
Total sales 32,821
c. Frequency distribution of companies based on per unit sales:
Frequency Per unit sales ($ millions)
0.0 up to 0.5 0
0.5 up to 1 4
1 up to 1.5 0
1.5 up to 2 0
2 up to 2.5 0
2.5 up to 3 0
3 up to 3.5 1
3.5 up to 4 0
Total 5
Which of the following re-establishes the industry/DoD exchange of Logistics Support Analysis Record (LSAR) data in a common format?
a. GEIA-STD-0007
b. MIL-HDBK-217F
c. MIL-STD-882D
d. MIL HDBK-502
Answer:
This re-establishes the industry/DoD exchange of Logistics Support Analysis Record (LSAR) data in a common format:
a. GEIA-STD-0007
Explanation:
The GEIA-STD-0007 standard is designed to provide users with a uniform set of data tags for all or portions of logistics product. It can be used by government establishments and businesses. The standard defines logistics data generated during the requirement definition and design of an industry or government system, as part of the Logistics Support Analysis Record (LSAR), in a common format.
A coupon bond that pays interest semiannually has a par value of $1,000, matures in 8 years, and has a yield to maturity of 6%. If the coupon rate is 7%, the intrinsic value of the bond today will be ________.
Answer:
$1,062.81
Explanation:
The intrinsic value of the bond today is the present value of semiannual coupons for 8 years(16 semiannual coupons) and the face value of the bond,which is computed below using financial calculator and excel pv function:
Financial calculator:
N=16( number of semiannual coupons in 8 years=8*2)
PMT=35(semiannual coupon=face value*coupon rate*6/12=$1000*7%*6/12=$35)
I/Y=3(semiannual yield=6%*6/12=3%)
FV=1000(face value is $1000)
CPT PV=$1,062.81
Using excel PV function:
=-pv(rate,nper,pmt,fv)
nper and N above are the same with other variables having the same name
=-pv(3%,16,35,1000)=$1,062.81
Consider the market for land in upstate New York, a mostly rural and less populous area, as compared to the market for land in the Upper West Side of New York City, a well-to-do neighborhood alongside Central Park.
Because the supply of land in upstate New York is ____________________ (perfectly inelastic , perfectly elastic) , buyers in upstate New York pay _______________ (an interest rate , an economic rent , an economic profit) when they purchase their land.
Owners realize that the rental price of land is much lower in Upstate New York than in more densely populated areas like the Upper West Side of New York City. One of the possible explanations for this rent difference is that there is a low _________________ (demand for , supply of ) land with low productivity.
Some land owners decide to build parking lots in the Upper West Side of New York City. The supply curve for land to be used for parking lots is _____________ ( horizontal , vertical , downward sloping , upward sloping ) .
Answer:
Because the supply of land in upstate New York perfectly inelastic, buyers in upstate New York economic rent when they purchase their land.
Owners realize that the rental price of land is much lower in Upstate New York than in more densely populated areas like the Upper West Side of New York City. One of the possible explanations for this rent difference is that there is a low demand for land with low productivity.
Some land owners decide to build parking lots in the Upper West Side of New York City. The supply curve for land to be used for parking lots is upward sloping.
Granfield Company has a piece of manufacturing equipment with a book value of $44,500 and a remaining useful life of four years. At the end of the four years the equipment will have a zero salvage value. The market value of the equipment is currently $22,900. Granfield can purchase a new machine for $129,000 and receive $22,900 in return for trading in its old machine. The new machine will reduce variable manufacturing costs by $19,900 per year over the four-year life of the new machine. The total increase or decrease in net income by replacing the current machine with the new machine (ignoring the time value of money) is:
Answer:
$26,500 decrease
Explanation:
The total increase or decrease in net income by replacing the current machine with the new machine = Saving in variable manufacturing costs + Sale value of old machine - Purchase price of new machine
= ($19,900*4) + $22,900 - $129,000
= $79,600 + $22,900 - $129,000
= $26,500 decrease
SID Asset Management initiated an open-end and a closed-end mutual fund a few years ago. If you want to invest in the funds today, you A. must purchase shares of each fund in the secondary (stock) market B. may purchase shares of each und in either the primary from the investment company) market or the secondary (stock) market C. must purchase shares of the open end fand in the secondary stock market and shares of the closed and fund in the primary (from the investment company market D. must purchase shares of the open ond fund in the primary from the westment company market and shares of the closed end tund in the secondary (stock) market
Answer: D. must purchase shares of the open end fund in the primary market from the investment company and shares of the closed end fund in the secondary (stock) market.
Explanation:
Open ended funds have the power to issue unlimited shares and sells directly to investors which means that to purchase from them after they have launched, one would need to do so through the primary market from the investment company itself.
Closed-end funds however raise a fixed capital by issuing an Initial Public Offering and then the shares of the fund will then be listed in a stock exchange. To buy into such funds after a few years, you will have to go through the secondary market and buy it in the stock market.
Finding out how a product or service will do in a certain market is an example of this use of market research: identify if communications are effective identify if customer needs are being met identify threats and investigate the competition identify value lark this and retum Save and Exit Next
Answer:
identify value
Explanation:
Finding out how a product or service will do in a certain market is an example of this "IDENTIFY VALUE" market research. This will help the producers understand and know what the consumers want and the degree of value they placed on their products.
identify if communications are effective is used determine who the consumers are and the type of media preferred.
identify if consumer needs are being met is used to determine what customers like or dislike about a product or service.
identify threats and investigate the competition is used to determine changes in consumer preferences and competition
When President Obama proposed increasing the minimum wage, he argued that a minimum-wage worker today should earn the same amount of money in real terms as a minimum-wage worker in 1979. But why pick 1979
Answer:
The Minimum Wage Used To Be Enough To Keep Workers Out Of Poverty in 1979.
Explanation:
Answer:
the question is incomplete:
When President Obama proposed increasing the minimum wage, he argued that a minimum-wage worker today should earn the same amount of money in real terms as a minimum-wage worker in 1979. But why pick 1979? Why not go back to 1938, the first year of the minimum wage? Why not 1999? For each of the years listed below, calculate what the minimum wage would be today if it had kept up with inflation since that year. Today, the minimum wage is $7.25 and the consumer price index (CPI) is 256. (Round your answer to two decimal places.)
Year Minimum wage CPI Wage today adjusted for inflation
1938 $0.25 14 $4.57
1979 $2.90 69 $10.76
1999 $3.80 127 $7.68
$1 in 1938 is equivalent to 256/14 = $18.29 today
so $0.25 is equivalent to $18.29 x 0.25 = $4.57
$1 in 1979 is equivalent to 256/69 = $3.71 today
so $2.90 is equivalent to $3.71 x 2.90 = $10.76
$1 in 1999 is equivalent to 256/127 = $2.02 today
so $3.80 is equivalent to $2.02 x 3.80 = $7.68
Sea Company reports the following information regarding its production cost.
Units produced 52,000 units
Direct labor $45 per unit
Direct materials $38 per unit
Variable overhead $27 per unit
Fixed overhead $115,000 in total
Compute production cost per unit under variable costing.
A. $38.00
B. $112.21
C. $110.00
D. $83.00
E. $45.00
Answer:
hguhuh
Explanation:
Masco is a consumer discretionary company that focuses on home improvement products. Here is a breakdown of the revenue concentration by industry. Which of the following headlines would be of the most interest to potential investors?A. Local Municipality Bans Watering Lawns Due to Low Water Supply B. Kitchen and Bathroom Remodeling Is up More Than 8% as Homeowners Look to Improve House Values C. Government Provides Tax Incentive to Install Energy-Efficient Windows in Existing Homes D. Houston Chemical Plant Explosion Kills 3 People.
Answer:
The answer is "Option B".
Explanation:
Masco would be a company that has a flexible strategy for home renovation goods. The kitchen cupboards are 950 M as per the data presented throughout the photo, whereas the drilling fixtures produce 4 B revenues. Their shareholders will focus on this project.Therefore the argument which gives investors the highest benefit is as continues to follow:
Remodeling for bathrooms and kitchens is more than 8%, as owners are looking to boost property prices. Its residual commitments have still not been provided to investors, because the statement does not contain a specific item to quantify the statement.