The leadership team at bud’s distributors, a regional beverage company, collaborated during a two-day meeting to discuss and revise the company’s mission and goals, identify strengths, weaknesses, opportunities, and threats, and create a marketing plan. The process implemented by bud’s distributors is called _______.

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Answer 1

The leadership team at bud’s distributors, a regional beverage company, collaborated during a two-day meeting to discuss and revise the company’s mission and goals, identify strengths, weaknesses, opportunities, and threats, and create a marketing plan. The process implemented by bud’s distributors is called Strategic Planning.

Strategic Planning: Leaders of a company develop their future vision and determine their organization's goals and objectives through the process of strategic planning. Establishing the order in which these objectives should be accomplished can help the organization attain its stated vision.

Advantages of Strategic Planning:

1) It enables businesses to take a proactive approach as opposed to a reactive one.

2 )It establishes a sense of direction.

3) It boosts operational effectiveness.

4) Market share and profitability have both increased.

5 )It can strengthen a company's resilience.

The process implemented by bud’s distributors is called Strategic Planning.

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Related Questions

Accounting rules in the united states are blank______ accounting rules used in other countries.

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Accounting rules in the United States are similar to accounting rules used in other countries.

Accounting is defined as the recording, cataloging, analysis and reporting of the company's financial transactions. Proper accounting allows a company's management to better understand its business finances. This is done so that they can strategically plan future expenses to maximize profits.

Accounting also has a history. In the modern world, it is most closely related to business financial reporting. However, everyone can benefit from a knowledge of the basics of accounting.

General accounting knowledge can be important for individual income earners during tax season.

Accounting knowledge helps:

To determine supply chain optionsTo forecast revenue by financial analystsTo assess the value of investing options by investment analystsIn setting prices by brand managers

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When two countries specialize in producing the goods for which they have a comparative advantage and?

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It can be mutually advantageous for two nations to specialize in goods for which they have a relative advantage and then trade with one another. Absolute advantage is the basis of the potential gains from specialization and trade.

What does it mean for a producer to have comparative benefit?

Comparative advantage is a requirement of a producer where it is better suited for the production of one good than another good. Good A can be made more efficiently than good B, for example. This comparison is done in terms of the option costs of each good, not in terms of pure production costs.

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________ products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort.

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Consumers most frequently purchase convenience goods. They are purchased right away with little consideration of alternative possibilities. Products that the client may easily, quickly, and regularly purchase are known as convenience goods. Newspapers and soaps are examples of convenience goods, as are everyday foods like pasta or ketchup.

Consumer products can be divided into four categories. They are shopping items, specialty items, convenience items, and unanticipated items.

A group of consumer goods that are frequently, rapidly, and with little thought put into them; this group includes emergency supplies, impulsive purchases, and staples.

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The common set of standards and procedures by which audited financial statements are prepared are called:_________

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The common set of standards and procedures by which audited financial statements are prepared are called GAAP

The Financial Accounting Standards Board (FASB), an independent non-profit organization, creates the standards. Accounting standards increase financial reporting's openness across the board. The commonly used set of accounting standards for creating financial statements in the US is known as generally accepted accounting principles (GAAP).

The International Accounting Standards Board (IASB) has established the International Financial Reporting Standards (IFRS), which are used by international businesses that report financial accounts and are not subject to U.S. GAAP. In the United States, both public and private institutions frequently apply widely accepted accounting standards.

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When redesigning a database, how can we check assumptions about functional dependencies?

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Use a correlated subquery with the SQL IN keyword for the first approach, and use a correlated subquery structure with the SQL EXISTS and/or NOT EXISTS keywords for the second approach.

What do you mean by  Structured Query Language (SQL)?

Relational databases are managed and the data they contain can be subjected to a variety of procedures using SQL, a standardized programming language. SQL is frequently used by database administrators, programmers writing scripts for data integration, and data analysts setting up and running analytical queries. SQL was originally developed in the 1970s.

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Vanessa grant is responsible for controlling expenses, but is not responsible for generating revenues. vanessa grant is a manager of a(n)?

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Vanessa Grant is responsible for controlling expenses, but is not responsible for generating revenues. Vanessa Grant is a manager of a(n):

Cost Center

What do you mean cost center?

A cost center is basically a department or function under an organization that do not directly increases profit but still costs the organization money to operate. Cost centers only provide to a company's profitability indirectly, unlike a profit center, which gives to profitability directly through its actions.

What is an example of a cost center?

Instances of cost centers contains  the accounting, human resources, IT, maintenance, and research & development departments. A cost center can be assumed  at a smaller level than a department. It could contain  a particular job position, machine, or assembly line.

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The patient has met the goals set for improvement of ambulatory status. the nurse would now?

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The patient has met the goals set for improvement of ambulatory status. The nurse would now discontinue the care plan.

What do you understand by the term ambulatory patients?

The phrase "ambulatory patients" can also refer to outpatients who receive their medical care outside of a hospital environment. It's another word for outpatients. They visit the care facility periodically rather than staying overnight. The patients in this situation may or may not be able to walk and may require a wheelchair. Ambulatory simply refers to a patient who is not hospitalised. Patients who can ambulate independently with the aid of assistive equipment are considered ambulatory patients, as are those who are not dependent on others for help in getting to safety in an emergency.

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If the marginal product decreases, what will happen to the total product and average product?

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Answer: As the marginal product begins to fall but remains positive, total product continues to increase but at a decreasing rate.

What is the present value of the following set of cash flows discounted at 10 per year?

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The present value of the following set of cash flows discounted at 10 per year $104.18

What are the 3 kinds of cash flows?

There are three cash flow types that organizations should track and analyze to resolve the liquidity and solvency of the business: cash flow from operating movements, cash flow from investing activities, and cash flow from financing activities. All three are included on a company's cash flow statement.

What are cash flows illustrations?

Cash and cash matches include currency, petty cash, bank accounts, and other highly liquid, short-term assets. Examples of cash matches include saleable paper, Treasury bills, and short-term state bonds with adulthood of three months or less.

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Identify examples of consumer protections implemented by the federal government.

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The following are some examples of consumer protection laws:

Fair Credit Reporting Act,

Federal Securities Act,

Dodd-Frank Act

Which Laws Protect Consumers?

To shield people from unethical commercial practices, there are regulations that protect consumers.

Consumer protection laws are designed to shield customers against dishonest corporate tactics, subpar goods, and potentially harmful products and services. They contribute significantly to a stable market economy, which is governed by both state and federal legislation. Although the free market's guiding principle used to be "buyer beware," these laws help keep vendors honest because there is no risk of unpleasant shocks.

Our protection from these kinds of problems is provided by consumer protection legislation. We should therefore become familiar with the more prevalent consumer protection regulations.

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A company has a predetermined overhead rate of $14 per machine hour. job 846 uses 27.5 machine hours. overhead allocated to job 846 will be:_____ $

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An organization's overhead charge is set at $14 for each machine hour. job are 846 and uses 27.5 machine hours. Overhead allocated to job 846 will be: 385$.

What Is the Overhead Rate?

A cost associated with the creation of a good or service is the overhead rate. The cost of the corporate headquarters is an example of an overhead expense that is not directly tied to output​. In order to distribute or allocate the overhead costs depending on particular metrics, an overhead rate is applied to the direct production-related costs. Allocation factor plus indirect expenses equals overhead rate. The overhead rate is determined based on a specified time frame. Therefore, adding up your weekly indirect or overhead costs would allow you to calculate the indirect costs for a week.

The overhead rate for per machine = $14

No. of hours = 27.5 hours

$14×27.5= $385

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suppose the advancement of computers has decreased the productivity of a paper mill. this will likely cause the supply curve for paper.

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The supply curve for paper will experience a leftward shift because of the decreased productivity of a paper mill due to the advancement of computers. That means the supply of paper will decrease.

The supply curve is a curve that provides a graphical representation of the law of supply. It presents the relationship between the price of the commodity and the quantity of the same a seller is willing and able to supply. The quantity supplied is measured on the horizontal axis and the price on the vertical axis respectively. This demonstrates that as the price increases, the quantity supplied increases and vice versa given the ceteris paribus conditions.

The supply curve shifts with the minute change in the factors that are assumed to remain constant. These factors include labor productivity, input costs, technology, producer expectations, government actions, and so on. The leftward shift in the supply curve indicates a decrease in the quantity supplied and a rightward shift indicates an increase in the same and so on.

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A firm with a profit margin of 6.8 percent generates ______ cents in net income for every one dollar in sales.

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A firm with a profit margin of 6.8 percent generates 6.8 cents in net income for every one dollar in sales.

What is profit?

Profit is referred to as financial gain achieved by any individual or an organization. This profit can be calculated by deducting the spending or expenses of the busines from its earnings gained.

When firms achieve profit margins of 6.8 percent they will generate 6.8 percent in net income for every dollar in sales.Net income, also referred to as net profit, is calculated as a percentage by dividing the total revenue by net profit.

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A market is an arrangement that brings _____ together and enables them to get information and do business with each other.

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A market is an arrangement that brings central banks and commercial banks together and enables them to get information and do business with each other.

What is market?

A market is a gathering place for consumers and sellers where they can exchange goods and services. Markets might be real-world, like a physical store, or digital, like an online merchant. The black market, the auction market, and the financial market are more examples.

Therefore,

A market is an arrangement that brings central banks and commercial banks together and enables them to get information and do business with each other.

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The all-current-rate method dictated by the fasb no. 52 statement requires the translation of all balance sheet accounts at the ________ rate and all income statement items at the ________ rates.

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The all-current-rate method dictated by the fasb no. 52 statement requires the translation of all balance sheet accounts at the closing rate and all income statement items at the average rates.

What is meant by current rate method?

The majority of financial statement items are translated using the current exchange rate under the current rate method of foreign currency conversion.

When a company has operations abroad, it could be necessary to convert the foreign currency that is earned by such operations into the presentation currency, which is the currency that is used to prepare the firm's financial statements. The current rate technique is applied in circumstances where the subsidiary isn't well connected with the parent firm, and the local currency where the subsidiary works is the same as its functional currency.

The current rate technique is a widely used method of currency conversion that makes use of the current exchange rate on the market.

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Critical time is the amount of time that the task could be late without pushing back the completion date of the entire project. True or false?.

Answers

False (Slack time is the amount of time that a job might be delayed without postponing the project's overall completion deadline.)

What is slack time?

The duration of a job that can be postponed without affecting other tasks or the project's completion deadline is known as slack time. Every time the flow is out of equilibrium, it occurs. A team is said to be in balance when everyone on the team finishes their work for the Sprint before someone else. Less commonly, a team member won't have enough work to keep them busy. A key team member being sick, an unexpected client request taking some team members away, a non-standard feature requiring longer research or testing than anticipated, or duties finishing sooner than anticipated (a fantastic problem to have!) are a few of the contributing causes.

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Changes in the performance of an existing service or the creation of a new one are?

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Organizational change is the process through which a firm or business changes a key aspect of its structure, such as its culture, the operational infrastructure or supporting technologies, or its internal procedures.

The second phase in the comprehensive approach to change is for managers to create goals for the change that was identified in step one.

The planned change model has seven steps, including diagnosing the issue, evaluating the system's motivation and capacity for change, evaluating the resources and motivation of the change agent, developing change goals and methods, and identifying the role of the change agent.

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Alistar has an annual income of $25,000. he decides to take classes on line and at night so that he can continue to work. after 3 years he gets his degree and immediately starts earning $32,000 per year. if it takes alistar 6 years to recover his investment for his education, how much did it cost him?

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If it takes Alistar 6 years to recover his investment for his education, then it cost him $42,000.

What do we mean by investments?The dedication of an asset to achieve an increase in value over time is referred to as an investment. Investment necessitates the sacrifice of a current asset, such as time, money, or effort.The goal of investing in finance is to generate a return on the invested asset. A gain (profit) or loss realized from the sale of a property or investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income, may constitute the return.

To find the cost:

Alistar's 6-year investment strategy is divided into two phases:

Period 1: From the first to the third year.Period 2: From fourth to sixth years.

Alistar invests in his education during the first period, from year one to year three.

In the second period, from year 4 to 6, the amount he begins earning is $32000, and his annual income is $25000.

Every year, Alistar receives an additional $7000.Now, the time required to recoup his investments is 6 years.As a result, total cost = 7000 × 6 = $42000

Therefore, if it takes Alistar 6 years to recover his investment for his education, then it cost him $42,000.

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Who is credited for the identification of operant conditioning?

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B.F. Skinner is credited for the identification of operant conditioning.

What is operant conditioning?

Operant conditioning, can be described as the  instrumental conditioning, which is a  method of learning  that utilize the knowledge of   rewards as well as  punishments for behavior.

It should be noted that in  operant conditioning, an association is made that is usually seen between  behavior and a consequence for that behavior.

In the case of above , B.F. Skinner can be described as one of the  most prominent psychologists of the last century that was attributed the discovery of operant conditioning to , hence B.F. Skinner is credited for the identification of operant conditioning.

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The most probable price that a property should bring in an open and competitive market is part of the:____.

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The most probable price that a property should bring in an open and competitive market is part of the market value.

What is a Competitive Market?

Consumer demands for goods and services result in the formation of a competitive market. Because of the rivalry it fostersbusinesses are forced to consider their costs of production, pricing policies, and product output

In competitive marketplaces and in the idea of perfect competition, the buyer and seller are taken into account equally and strategies are developed based on the supply and demand dynamics at the time.No single consumer or producer has the power to control the market in a competitive one. 

In an ideal market, there are numerous knowledgeable buyers and sellers, no restrictions on entering the market, and no chance of a monopoly. A competitive market has ten characteristics, including profitcompetition, shrinking supply, rivalry, and exclusion.

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In a competitive market, the market demand is qd = 400 - 5p and the market supply is qs = 10p - 80. the full economic price under a price ceiling of $25 is:_________

Answers

In a competitive market, the full economic price under a price ceiling of $25 is $170.

Given,

QS = Quantity supplied

QD = Quantity demanded

P = Price

At P = $25

Thus,                                                                                

QD = 400 - 5P

QD = 400 - 5(25)

QD = 400 - 125

QD = $275

The market supply is QS = 10p - 80

QS = 10 (25) - 80

QS = 250 - 80

QS = $170

Hence, in a competitive market, the full economic price under a price ceiling of $25 is $170.

A price ceiling keeps a price from rising above a certain level. Price ceilings is used by government to protect consumers from conditions that could make commodities prohibitively expensive.

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True or false: the sarbanes-oxley act provides incentives for companies to go public in us markets.

Answers

This is FALSE statement. The Sarbanes-Oxley Act of 2002 is a United States statute. Congress passed this legislation to help safeguard investors from corporate fraud in financial reporting. None of this incentivizes companies to go public in markets of United States.

This "SOX Act" required rigorous modifications to current securities regulations and imposed harsh new penalties on violators thus, companies who knowingly certify misleading financial statements can now potentially face prison time.

Corporations must affirm the financial statement's veracity and accept responsibility for any inaccuracies in the annual report and these rules do not provide incentives for companies to go to public in US markets.

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Ginger is a representative for osha (occupational safety and health administration), and she makes surprise visits to the local paper manufacturing mill. Ginger inspects the worker's safety practices and runs through a checklist to determine if all standards are being met in the mill. What pathway in the manufacturing career cluster does ginger work in? question 11 options: production logistics and inventory control maintenance, installation

Answers

Ginger works in the control department.

As an OSHA representative, Ginger is in charge of making sure that nearby paper mills adhere to the numerous regulations and uphold standards of work. Since she is not involved in actual production but rather "controls" the standards of work at production facilities, this area of the manufacturing profession cluster is known as "controlling".

Controlling is the procedure of making sure that tasks are completed on time. In a business, tasks are completed in accordance with planned standards. It is one of a manager's most important responsibilities. Additionally, it ensures that the organisation is using its resources effectively and efficiently in order to meet set goals.

Since Ginger's job entails checking if standards are met and guidelines followed, she is in charge of 'controlling'.

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Companies with a great deal of long-term debt are considered to have high _____ risk.

Answers

Generally speaking, stocks are riskier than bonds simply because they don't guarantee a return to the investor, in contrast to bonds, which do so through coupon payments.

Who is an investor?

An investor is a person who invests money in a company, such as a business, in the hopes of earning a profit. Any investor's primary objective is to reduce risk and increase return. In contrast, a speculator is prepared to put money into a risky asset in the hopes of making a bigger profit.

You are not an owner; you are a lending investor. You have invested in ownership if you purchase stock in a corporation. Your proportionate part of the company's profits will be deducted from the return you receive.

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Which matter is considered when calculating a country's balance of payments?
a. military expenditures
b. domestic inflation rates
c. foreign inflation rates
d. state unemployment

Answers

The matter that will considered when calculating a country's balance of payments is the military expenditures.

What is a balance of payments?

This refers to the balance of international payments. This is athe statement of all transactions made between entities in one country and the rest of the world over a defined period such as during a month, quarter, year etc.

The balance of payments summarizes all transactions that a country's individuals, companies, government bodies complete with individuals, companies, and government bodies outside the country.

These balance of payments helps to measures the inflows and outflows of money from sectors such as tourism, foreign aid, military expenditures and foreign investments as well as flows resulting from exports and imports.

Hence, the matter that will considered when calculating a country's balance of payments is the military expenditures.

Therefore, the Option A is correct.

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The price that results when quantity demanded equals quantity supplied is most correctly called the:_________

Answers

The price that results when quantity demanded equals quantity supplied is more correctly called the equilibrium price.

What determines the equilibrium price?

The situation where supply and demand in the market are equal, indicates a situation of equilibrium between prices, that is, it is a situation determined by micro and macroeconomic factors, such as economic policy and the purchasing power of consumers, which establish a ideal condition of the economy.

Therefore, the equilibrium price is an indicator of security, making the market for goods and services balanced and controlled, where revenues are equal to costs, without an imbalance capable of generating price increases and economic scarcity, for example.

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If the supply of and demand for a product decrease at the same time, then equilibrium:___.

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At the same time, the equillibrium tends to increase.

Curves of supply and demand illustrate the connections between price and quantity. When supply and demand are in balance, there is equilibrium. Because revenues are a function of price and quantity, the form of these curves and the equilibrium price have an impact on both small and large firms. The supply and demand curves for various industries are influenced by the joint actions of firms and customers, even if a single business cannot change the shape of these curves.

Include shifts in consumer expectations and new technologies when predicting a supply curve shift. The converse is true for downward movements in the supply and demand curves, which show growing supply and decreasing demand, respectively.

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The hr manager at a poultry-processing facility with 75 employees received a call saying that an osha inspector had arrived at the facility. what can she expect the company will need to do first?

Answers

Expect the company will need to do first, provide the inspector with records of any deaths, injuries, and illnesses

Human resources manager

The strategic approach to managing people in a company or organisation effectively and efficiently so that they contribute to their firm's ability to compete favourably is known as Human resources manager (HRM or HR). It is made to maximise worker performance in support of a company's strategic goals. In order to effectively manage people inside firms, human resource manager focuses on policies and systems. The design of employee benefits, hiring, training, development, performance reviews, and reward management, including pay and benefit administration, fall within the purview of HR departments. HR is also concerned with organisational change, labour relations, and reconciling organisational requirements with those imposed by collective bargaining agreements and governmental regulations.

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suppose that in a wave of pessimism, housing prices fall by 10% across the entire economy. required: a. has the stock of real assets of the economy changed? multiple choice 1 yes no b. are individuals less wealthy? multiple choice 2 yes no

Answers

Suppose that in a wave of pessimism, housing prices fall by 10% across the entire economy.

For A

NO, the stock of real assets of the economy has not changed

Option B

YES, individuals are less wealthy

This is further explained below.

What is pessimism?

Generally, A negative mental attitude known as pessimism is one in which an unfavorable result is predicted to result from a certain circumstance. Pessimists have a propensity to dwell on the unfavorable aspects of life in general.

In conclusion, Imagine that as a result of widespread pessimism, there is a 10% drop in house values throughout the whole economy.

If the answer is "No," then the stock of the economy's real assets has not changed.

Alternative

The answer is yes, people have less money.

This will be discussed in further detail below.

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complete question

Suppose that in a wave of pessimism, housing prices fall by 10% across the entire economy.

a. Has the stock of real assets of the economy changed?

Yes

No

b. Are individuals less wealthy?

Yes

No

A firm has a return on equity of 21 percent. the total asset turnover is 2.0 and the profit margin is 9 percent. the total equity is $7,400. what is the amount of the net income?

Answers

The amount of the net income is $1554.

What is Net Income?

Net income, in both business and accounting, is an entity's revenue less costs, depreciation and amortization, interest, and taxes for a certain accounting period. The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income. Net income in company is the amount that remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid.

The performance of various businesses in a given industry is analyzed and compared using a variety of financial measurements. Efficiency ratios, liquidity ratios, profitability ratios, and solvency ratios are the typical categories for these ratios.

The net income is given by:

=Return on Equity* Total equity

= 21%* $7,400

=$1554.

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You place all of your most active project team members in the same meeting room to enhance their ability to perform as a team. this is known as:______. A rectangular ballroom is being carpeted and measures 32 x 24. Carpet cost $3.60 per square foot. What is the cost to carpet this room? In the 1800s how much did immigrants get paid The nurse is caring for a client who has just had an episode of vomiting. what is the first intervention that the nurse would complete after the client has finished vomiting? In the context of ascertaining a marketing research problem, the iceberg principle states that _____. The act of intentionally frightening another person into fearing immediate bodily harm is a(n)? 29Write the answer in the blank.What number is 260 more than 450? Metabolic syndrome is a clustering of three or more heart disease and diabetes risk factors, including __________. When the membrane is at the potassium equilibrium potential, in which direction (in or out) is there a net movement of potassium ions? 3+ 6 = ? I need an answer asap! Find a general solution. show the steps of derivation. check your answer by substitution.y'=e^(2x-1)y^2 Activity 2 Use this, that, these, those, to fill in the gaps below. goods?" asked the cus _goods are Have you paid tax on__. taxation as he touched the cargo. trader, pointing the goods the officer had seized. "isn asked the officer, holding out a passport." rader, here is mine. is n Activity 3 Rick is a biologist who hypothesized that squid would swim faster in warm water than in cold water. rick conducted his experiment. he discovered that squid swim at the same rate in warm and cold temperatures. what should rick do next? A local government is about to run a lottery but does not want to be involved in the payoff if a winner picks an annuity payoff. The government contracts with a trust to pay the lump-sum payout to the trust and have the trust (probably a local bank) pay the annual payments. The first winner of the lottery chooses the annuity and will receive $150,000 a year for the next 25 years. The local government will give the trust $2,000,000 to pay for this annuity. What investment rate must the trust earn to break even on this arrangement Companies who hire lobbyists to influence legislation affecting their industries are said to be taking __________ action to affect the publics and forces in their marketing environment. When a team leader persuades team members to double-check the results of a survey, he is using his __________ to persuade others to follow his orders. The relationship between the states under the articles of confederation could ve described as:a loose league of friendship,as indivisibke union,a strict hierarchy based on population,a group of completely independent nations Exercise 2 Correct each personal pronoun in italics so it agrees with its antecedent in the sentence. Cross out the incorrect pronoun, and write the correct word above it. Do not change any pronouns that already agree with the antecedent in number and gender. Martina would like to give his opinion on the topic. If fixed costs are $400,000 and the unit contribution margin is $20, how many units must be sold in order to realize an operating income of $250,000? a. 45,000 b. 32,500 c. 7,500 d. 20,000 Small changes a person can make to start creating a healthier eating style include:________