Which element of knowledge management faces the common problem of employee turnover?

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Answer 1

Employee turnover is a common issue that knowledge retention encounters.

Knowledge retention is the process of storing knowledge within an organization for future use. Walsh and Ungson (1991) outlined five knowledge reservoirs, including people, culture, transformations (such as codified systems and procedures), structures (such as formal and informal networks), and external activities, in a previous section on organizational memory. This is the area of an organization where knowledge may reside or be held onto. Knowledge retention should be a component of every aspect of how the company runs and begin well before a key person is due to leave. Few businesses have explicit knowledge retention plans, despite the fact that it is thought to be essential for long-term organizational performance.

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Related Questions

If the contribution margin ratio is 50%, target operating income is $30,000, and the sales revenue needed to achieve the target operating income is $300,000, what are total fixed expenses?

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If the target operating income is $30,000, the contribution margin ratio is 50%, and $300,000 in sales revenue is required to reach the target operating income.

S- VC= CM - FC = P

.52(300,000) - FC = $30,000

150,000 - FC = $30,000

120,000 FC (150 000 - 30,000) represents the total fixed costs.

Defined Fixed Expenses

Making accurate financial budgets with the aid of cost and expense calculations.

Any expense that is constant throughout time, such as rent or mortgage payments, utility bills, and loan payments, is referred to as a fixed expense. Although the amounts may vary slightly—as with utilities—you are aware that they are regularly due.

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Highly suspect corporation has current liabilities of $424,000, a quick ratio of 1.30, inventory turnover of 4.40, and a current ratio of 3.20. what is the cost of goods sold for the company?

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$3,115,770  is the cost of goods sold for the company.

What are goods ?

In economics, "goods" are things that fulfill human needs and provide utility, such as to a customer buying a fulfilling product. Services that cannot be transferred and transferable products are two categories that are frequently distinguished.

When a good is helpful to people but is in short supply compared to demand, it is said to be a "economic good" and requires human effort to attain. Free things, on the other hand, like air, are always available and don't require any deliberate effort to obtain. Private goods include anything a person owns or uses on a regular basis that is unrelated to food, such as televisions, living room furnishings, wallets, cell phones, etc.

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A greater focus on underlying customer needs than on existing customer wants leads to marketing myopia.
a. true
b. false

Answers

The statement is FALSE. A greater focus on underlying customer needs than on existing customer wants WON'T lead to marketing myopia.

When the management "ignores" (not focus on) underlying consumer needs and concentrate exclusively on existing wants, marketers are described as having marketing myopia. Marketing myopia can also result from just concentrating only on the company's products.

The management should prioritize increasing the effectiveness of production and distribution. One of the earliest selling orientations is this idea and in some circumstances, this production philosophy is still very helpful to this day.

The majority of marketing strategies place a strong emphasis on product quality and improvement. Marketing myopia, on the other hand, might result from concentrating solely on items.

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The skills a student learns while studying are transferable to many careers.
OA. True
OB.False

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Transferable skills are the skills that a person can use and carry from one job to the next job. The skills a student learns while studying are transferable to many careers. This statement is TRUE.

What are Transferable skills?

Competencies that a person can utilize and carry from one profession to another are known as transferable skills. They consist of teamwork, organization, punctuality, flexibility, and communication skills.

An increasing number of organizations are looking for candidates with strong transferable skills to join their technical team. Candidates with transferable skills are quick and independent. Giving students the knowledge and skills that are applicable outside of the classroom will thereby position them for higher job success.

Candidates for any position should think about how valuable transferable skills are to their employers. These less tangible skills, which are inextricably linked to a profession, aid a candidate in demonstrating his level of education.

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The practice of selling a product in foreign countries for a lower price than the good is sold for in the producing country is called?

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The practice of selling a product in foreign countries for a lower price than the good is sold for in the producing country is called dumping

This is further explained below.

What is the product?

Generally, The thing that is being put up for sale is referred to as the product.

A product could refer to either an item or a service. It may take the shape of anything tangible, virtual, or cyber.

Every item has a price tag attached to it since it must be paid for during production.

The price that may be asked for anything is contingent on a number of factors, including the market, the quality, the marketing, and the demographic that is being targeted.

In conclusion, The act of selling a product in other nations at a price that is lower than the price at which the item is offered in the country that produces the good is referred to as dumping.

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What are the steps needed to reformulate a traditional balance sheet to calculate invested capital?

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According to the Question,

The invested capital is not provided by a typical balance sheet, thus it must be reformed in the manner shown below.

Add up every asset, including current and fixed assets as well as intangibles.Subtract operational obligationsThe invested capital is the net balance.  The formula Assets = Liabilities + Equity serves as the foundation for the conventional income statement model. Long-term and short-term liabilities make up the liabilities.

Alternatively,

To obtain net working capital, add current assets and subtract operational liabilities.Include intangibles and other fixed assets.The entire amount is invested capital.

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Within the 4e framework for social media, the ultimate goal of a firm is to ______ the customer. multiple choice question. excite

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Within the 4E framework for social media, the ultimate goal of a firm is to  engage the customer.

What are elements of the 4E framework?

A 4E framework of social media marketing consist of : educate, empower, entertain and engage. Each one lets  to sell consumers on your product or service by a different means.

What is the purpose of social media?

Billions of people around the world connect social media to share information and make connections. On a personal view , social media advantages  to communicate with friends and family, learn innovative things, enhance  your interests, and to be entertained.

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An enterprise resource planning system integrates all functions of the enterprise. true false

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It is a true statement that the enterprise Resource Planning system integrates all business processes and functions into a single software system, using a single database.

What is an enterprise resource planning system?

This system involves the processes that are essential to running a business, including inventory and order management, accounting, human resources, customer relationship management etc. At its most basic level, the enterprise resource planning system software integrates these various functions into one complete system to streamline processes and information across the entire organization.

The ERP system components are:

FinancialsHuman resourcesProcurement and logisticsProduct development and manufacturingSales and servicesAnalytics

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Answer: True

Explanation:

What discusses how established companies can take advantage of disruptive technologies without hindering existing relationships with customers, partners, and stakeholders?

Answers

The innovator's dilemma discusses how established companies can take advantage of disruptive technologies without hindering existing relationships with customers, partners, and stakeholders.

What is innovator's dilemma?

Clayton Christensen, a Harvard professor and entrepreneur, is best known for his 1997 book The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail. It develops the idea of disruptive technologies, which he first used in the article Disruptive Technologies: Catching the Wave from 1995.

It describes how large incumbent companies lose market share by paying attention to their customers and offering products that seem to be of the highest value, whereas new companies that serve low-value customers with underdeveloped technology can improve that technology gradually until it is good enough to quickly take market share from established businesses.

To avoid being surprised and surpassed by upstart competitors, Christensen advises established organizations to create lean, agile departments that try to duplicate this phenomenon within.

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In a dbr​ system, the mechanism that controls the rate at which the bottleneck dictates the throughput of the entire plant is called the.

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In a DBR system, the mechanism that controls the speed at which the bottleneck dictates the throughput of the entire plant is called the rope.

the DBR system also referred to as the Drum- Buffer -Rope is the theory of constraints organizing process mainly focused on increasing flow by leveraging and identifying the system constraints.It was used in Dr. Goldratt's The Goal to narrate a story of a plant manager. Here the drum is that the constraint, and therefore the capacity constrained resource, which limits the output, whereas the buffer out here is that the measure in time, is that the measure for the amount of work done in time, where the quantity of work is controlled by the rope. The Rope is that the way we control the release of the work , if the constraints set the pace, the drum beat for the full operation, after whihc the work is released at the speed so the constraints can consume it, which in simple words are often said the Rope buffers drum.

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The potential for gains from the rearrangement of production among countries is due to.

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The potential for gains from the rearrangement of production among countries is due to Diffrering opportunity Costs.

What is Diffrering opportunity Costs?

The cash flow in price formation is the value or benefit forfeited by choosing one work over another. It simply implies that by choosing one profession, you are discontinuing the opportunity to pursue another.

Therefore,

The potential for gains from the rearrangement of production among countries is due to Diffrering opportunity Costs.

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During the vote for their leader, how do the boys view each of the following boys? what important leadership qualities do each of the three boys possess?

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Leadership Qualities.- Integrity, Delegation, Communication, Self-Awareness

What is Leadership?
An individual, group, or organization's capacity to "lead," influence, or direct other people, teams, or entire organisations is referred to as leadership, both as a scientific field and as a practical talent. It's common to see "leadership" portrayed as a contentious term. Expert literature debates many points of view on the subject, occasionally contrasting Eastern and Western theories of leadership as well as (within the West) North American and European theories. Leadership is "a process of social influence in according to academic environments in the United in which a person might enlist the cooperation and support of others in the fulfilment of a common and ethical aim.  Leadership is essentially defined as a powerful relationship in which the influence of one party (the "leader") encourages movement or change in others. Those who support the complex nature of leadership, which is present at all levels of institutions in both formal and informal roles, have contested the more conventional managerial views of leadership (which portray leadership as something that one individual possesses or owns due to their role or authority).

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Days is the only time unit a firm can use to measure inventory in terms of supply. True or false

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Days are the only time unit a company can use to measure inventory in terms of supply. false

Which process metric is equal to days of supply?

The Inventory Days of Supply metric is an efficiency ratio that's usually understood as Days in Inventory, the Inventory Period, or Days Inventory Outstanding. It is used to measure the intermediate time – in days – it takes for a business to sell its entire inventory.

Inventory days of collection refer to an efficiency ratio measuring the average amount of time in days that a firm or warehouse keeps inventory before selling or shipping it.

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Both china and india have achieved high growth rates despite relatively weak property rights regimes and high levels of corruption, because of?

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Because of the two-way relationship between growth and inequality, both China and India have seen rapid economic growth despite having weak property rights laws and significant levels of corruption.

What does this mean?

It is impossible to establish whether such proportional development was conceivable because of the intricate, two-way interaction between inequality and growth. Even then, it might have come at the expense of faster growth. The reduction in poverty may have been less than the high but relatively uneven growth experiences of each country if the growth rate had sufficiently slowed.

Income inequality does not appear to affect the growth opportunities after controlling for starting asset inequality, including that of land and education.

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An advantage that bureaucrats in federal government have over the president in the policymaking process is that bureaucrats.

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The correct answer is option 3. They usually have a continuity of service in the executive branch that the President lacks.

The federal bureaucracy is the creation of Congress and the president. However, agencies autonomously set policy and exercise power. They legislate through rulemaking, carry out their missions through implementation, and resolve conflicts by listening to grievances, pursuing cases, and making decisions.

When formulating policies, bureaucrats have one major advantage over the president: They typically have a continuity of service in the Executive branch that the President does not.

The modern bureaucracy has several benefits, including:

It is relatively shielded from the whims of the President, and many of its bureaucrats are not appointed by politicians.The majority of bureaucrats are experts in their fields.There are fewer bureaucrats per person in the United States than in other industrialized countries.Red tape is unbiased and might possibly assist maintain fairness.

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An advantage that bureaucrats in the federal government have over the President in the policymaking process is that bureaucrats

1. control the budgetary process

2. have an independence from the President that is guaranteed by the Constitution

3. usually have a continuity of service in the executive branch that the President lacks

5. have better access to the media than the President

The value that real estate appraisers generally estimate is market value which is synonymous to?

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The value that real estate appraisers generally estimate is a market value which is synonymous with the most probable selling price.

The selling price of a good or service is the final cost to the seller or what the buyer actually pays. A commodity or service in a specific amount, weight, or measurement can be exchanged.

The selling price is one of the most crucial things for a business to decide. It is significant since it determines whether or not it will survive. Its price directly impacts sales of a product. That price might be set at a minimum, maximum, or average of the two.

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Staples offers quality customer service and its own brand of products to establish a:________

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Staples offers quality customer service and its own brand of products to establish a competitive advantage.

What are the pillars of excellent customer service?

The top suppliers base their companies on the following five pillars:

a) Putting people ahead of systems.

b) Paying attention to customers.

c) Caring and going above and above.

d) Employees who feel empowered.

Essentially, the three key components of good customer service "P"s are professionalism, patience, and a people-first mindset. Although every consumer has different expectations, as long as you abide by these rules.

You must welcome consumers and speak to them in a way that is natural and appropriate for the given circumstance if you want to develop strong customer connections. Demonstrate to them that you are aware of their demands.

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Supply is defined as the _____ over a particular time period at various prices, holding all other relevant factors constant.

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Supply is defined as the maximum amount of a product that sellers are willing and able to provide sale over some time period at various prices, holding all other relevant factors constant.

What is supply?

Supply is the total amount of goods or services that a seller or producer is willing and able to sell at various prices. In line with the law of supply, it is expected that there would be a positive relationship between price and  supply.

This means that as price increases, the supply increases. When price declines, the supply decreases. This is the reason why the supply curve slopes upward.

Here is the complete question:

Supply is defined as: al the minimum amount of a product that sellers are willing and able to provide a) for sale over some time period at various prices, holding all other relevant factors constant. the minimum amount of a product that buyers are willing and able to purchase over some time period at various prices, holding all other relevant factors constant. the maximum amount of a product that buyers are willing and able to purchase over some time period at various prices, holding all other relevant factors constant. the maximum amount of a product that sellers are willing and able to provide d) for sale over some time period at various prices, holding all other relevant factors constant.

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Suppose the value of income elasticity of demand for a private college education is equal to 1.5. this means that?

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Answer:

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microeconomics

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suppose the value of income elasticity of demand for a private collage education is equal to 1.5 this means that a. every 1$ increase in income provides an incentive for a $1.50 increase in expenditures on private college education. b. every $1.50 increase in income provides an incentive for a $1 increase in expenditures on private college education. c. a 10% increase in income causes a 15% increase in the quantity of private college education purchased d. a 15% increase in income causes a 10% increase in the quantity of private college education purchased e. a 10% decrease in private college tuition will have a large enough income effect to increase spending on private college education by 15%

One of the widely acknowledged problems with using the consumer price index as a measure of the cost of living is that the cpi.

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One of the widely-acknowledged problems with the consumer price index (CPI) as a measure of the cost of living is that the CPI: that it fails to account for the introduction of new goods.

Households are very different and a few may spend plenty more on certain items than others. The CPI overstates the burden of inflation on households because households can substitute cheaper goods for costlier goods when prices increase. The CPI understates the particular burden of inflation because the worth changes are thanks to quality improvements.

The most important problems with CPI include substitution bias, new items added to the basket of products, and quality changes in goods. Economists often recognize these issues and try to explain or remove these problems from the computation.

For example, the CPI-U is intended to raise inflation for the U.S. urban population and thus might not accurately reflect the experience of individuals living in rural areas. The CPI doesn't produce official estimates for the speed of inflation experienced by subgroups of the population, like the elderly or the poor.

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Occasionally, _________________ may lead to pure monopoly; in other market conditions, they may limit competition _________________ . group of answer choices

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Occasionally, barriers to entry may lead to pure monopoly; in other market conditions, they may limit competition to a few oligopoly firms

Do barriers to entry exist in a pure monopoly?

Due to entrance restrictions that deter prospective rivals, firms acquire monopolistic power. Barriers to entry, or conditions that make it difficult or impossible for potential competitors to participate in the market, give monopolies their market strength.

The four main elements of monopoly are: (1) a single business controlling the entire output of a market; (2) a distinctive product; (3) barriers to admission and departure from the industry; and, frequently (4) specialised knowledge about production methods that are not available to other potential producers.

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Differential cost is blank______. multiple choice question. the same as opportunity cost

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Differential cost is also called the incremental cost. The overall expense incurred as a result of producing an extra unit of a product is known as an incremental cost. The cost of an incremental unit of production is calculated by examining the additional costs incurred during the production process, such as raw materials.

Knowledge of Incremental Cost

Since incremental costs are the expenses spent while producing an additional unit, they wouldn't exist if production stayed the same. Typically, incremental costs are less expensive to manufacture than unit average costs. Variable costs, or costs that vary with production levels, are always a part of incremental costs. Incremental expenses could consist of the following:

Raw materials, including stockUtilities, such the extra electricity required to power the apparatusWages or production-only direct labor, not including indirect laborPacking and shipping

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The flow rate for a process should be greater than the demand rate. True or false

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The statement is False because, the flow rate must not be higher than the demand rate. 26. The process is confined if the capacity is 100 units per hour and the consumers' demand is 80 units per hour.

What is Flow Unit?
The flow rate or throughput, inventory, and flow time are the three most crucial performance indicators of a business process. The phrase "flow unit" will be utilized frequently in the definitions that follow. The fundamental analytical unit in any given situation is a flow unit (customer, sandwich, phone call etc.).

Flow time, also known as total processing time, is the amount of time a flow unit invests in a business process from start to finish. The flow time is equal to the length of the longest path if there are many paths through the process.
The number of flow units—such as clients, cash, or goods or services produced—that pass through the business process in a given amount of time, such as the number of clients serviced per hour or the number of components manufactured per minute. The flow rate is typically average.

Inventory is the total number of flow units that a business operation is currently handling, such as the total number of customers in a store or students enrolled in a university.

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In the context of a database marketing campaign, _______ tells a business how much it should spend to maintain a relationship.

Answers

The Customer lifetime value helps to inform a business on how much it should spend to maintain a relationship in a database marketing campaign.

What is a Customer lifetime value?

A customer lifetime value guides to a ratio that tells about the total revenue that a business can politely expect from a single client.

Hence, the customer lifetime value enables the firm to know valuable customers which allow to know who to minister most importantly.

Therefore, the Option C is correct

Database marketing is a methodical approach to the community, consolidation, and processing of client data.

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If you were advising a local brewer/pub, about how to set itself apart from rivals, you would most likely recommend that the company (mark all that apply):

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If you were advising a local brewer/pub, about how to set itself apart from rivals, you would most likely recommend that the company Imitate the winning tactics of competitors.

What is sustainable competitive advantage?

A group of resources, traits, or skills that enable an organization to outperform its rivals in satisfying the needs of its customers are known as sustainable competitive advantages. Competitive advantages that last over time are challenging to imitate or replicate.

What do we excel at in our market? is answered by sustainable competitive advantages.

The solution generates a collection of 1-2 long-lasting, distinctive strengths that a customer values.

What you, your business, or your department do better than anyone else constitutes your competitive advantage. The term "sustainable" refers to your capacity to carry out those actions over an extended period of time. And yes, you can acquire advantages as well as have multiple advantages. You don't have to own them all right away, though.

Thus, following the winning strategies of competitors can surely be beneficial.

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A pro forma balance sheet indicates that total assets will increase by $300,000. if a debt-equity ratio of 0.5 is maintained, then debt must increase by _____.

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A pro forma balance sheet indicates that total assets will increase by $300,000. if a debt-equity ratio of 0.5 is maintained, then debt must increase by $100,000

This is further explained below.

What is a balance sheet?

Generally, A balance sheet is a snapshot of an individual's personal or organization's financial balances.

It does not matter if the person or company is a sole proprietor, the main contract, a corporate entity, a limited liability company, or another type of organization such as an authority or otherwise entity; a balance sheet will contain this information.

In conclusion, According to a pro forma balance statement, the total assets will grow by $300,000. If there is to be no change in the debt-equity ratio of 0.5, then the debt level must rise by $100,000.

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What is mydeco's market capitalization at the end of each year? b. what is mydeco's market-to-book ratio at the end of each year? c. what is mydeco's enterprise value at the end of each year?

Answers

(a) At the conclusion of each year, the market capitalization of Mydeco is calculated using the formula below:

in the year                                 2012    2013      2014   2015  2016

Shares Outstanding (millions) 55      55    55    55   55

Mydeco Stock price           7.92    3.3          5.25       8.71        10.89

Market capitalization (millions) 435.6    181.5  288.75  479.05   598.95

b. The following formula is used to determine the Mydeco's market-to-book ratio at the conclusion of each year:

Market-to-book ratio = Market capitalization/Stockholders equity

                                               

Market capitalization (millions)    435.6      181.5    288.75  479.05  598.95

Stockholders equity              252.7      250.3     251.2 258.5  273.7

Market-to-book                       1.72       0.73       1.15 1.85      2.19

c. The following formula is used to determine the enterprise value of Mydeco at the end of each year:

Enterprise value = Market capitalization - Cash + Long term debt                                                

Market capitalization (millions) 435.6     181.5   288.75 479.05   598.95

Cash                                          48.8 68.9     86.3   77.5    5

Long term debt                          500         500     575    600        600

Enterprise value                         886.80  612.60  777.45  1001.55 1193.95

What is market capitalization?

Market capitalization is a measure of the market value of a company's outstanding shares. It refers to the total amount of money that is invested in a company by investors throughout the world. This figure is used to determine an entity's rank among all other companies on the stock market.

Market capitalization can be measured in two ways: as well as total price or float (the number of shares available for sale), and as compared to book value . Market capitalization reflects how much ownership investors have in a given company.

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The slope value is always the same at every point on a budget line but can be different at various points on a production possibilities frontier.
a. true
b. false

Answers

The slope value can vary at different places along a production possibilities frontier, but it is always the same at every point along a budget line.is True.

meaning

In mathematics, slope, also known as gradient, is a term used to describe the steepness and direction of a line or a segment of a line that connects two points. It is typically represented by the symbol m. The absolute value of a line's slope, m, is typically used to determine how steep it is. The line becomes steeper as the value increases. Based on the sign and value of m, one can deduce the direction of the line that m describes:

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governments and nonprofit entities are similar in many ways. which of the following statements is not true?

Answers

The statement is true. Governments and nonprofit entities are similar in some ways.

Government organization surpass government and have a service motive. Where as Non-profit organization even have service motive to produce best servicers to each people. These both organization have a transparent no profit motive. Similarities in both the organizations are

Neither governments nor nonprofit entities have a profit motive. Both governments and nonprofit entities provide services. Both governments and nonprofit entities assess taxes. Both governments and nonprofit entities often report restricted resources.

Therefor the statement is true that government and Non-profit organizations are similar in some ways.

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Jessica's bank contains 18 quarters and dimes, of which q is quarters. find the total value of the coins in dollars

Answers

The total value of the coins in dollar is 0.15q+1.8 dollars, Therefore, the correct answer is 0.15q+1.8 dollars.

What is algebra?

The area of mathematics known as algebra is used to portray situations or problems using mathematical expressions. In algebra, we utilize integers with fixed or definite values, such as 2, 7, 0.068, etc. In algebra, we combine integers with variables like x, y, and z.

Main Content

Jessica's bank contains 18 quarters and dimes, of which q are quarters.

Then (18-q) = no. of dimes

Find the total value of the coins in dollar

0.25 q + 1.8 − 0.1 q

= 0.15 q + 1.8 0.25q+1.8-0.1q

= 0.15q+1.8 0.25q+1.8−0.1q

= 0.15q+1.8 dollars

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When matt was meeting with susan, he focused exclusively on the meeting. he did not check his incoming texts or respond to a phone call. this reflects a preference for ______. The general formula for an aldehyde is _____. rcooh rcho rcor r2co rch2oh Exercise 2 Write c next to each compound sentence. The statue is often called "Miss Liberty." ok, help me out with this one please help asap spanish Which social theorist developed role theory as a way to examine social interaction? Why is plastic difficult to recycle? William uren was the founder of the oregon system and a leading figure of progressive reform. While the oregon system was very successful, identify the two issues that broke the alliance between the middle-class urbanites, and workers and farmers. please help!theres a picture, to see the question Is this Metonymy, Verbal Irony, or an Alliteration???Men would say of him that up he went anddown he came without his eyes... what is sound and how does it move through different mediums? Helpppppppppppppppppppppppppppp Consider the reaction, 2 d(g) 3 e(g) f(g) => 2 g(g) h(g) when d is decreasing at 0.69 mol/ls, how quickly is f decreasing? give your answer to 3 decimal places. You buy a new computer for $1500. The value of the computer decreases by 6% every year. How much is the computer worth after 4 years? Origin: Latin.status-state, condition of beingquo- the present or existingWhat is the meaning of the phrase status quo as it is used in paragraph 3?O the current governmentO the conditions of the American peopleO the conditions against creative thinkingO the way things currently are please help me with this i will mark as brainliest What is the advantage to a scientist in using a line drawing rather than a ball-and-stick? answer quick its timeThomson concluded that _______ have ________ mass than the atom.Electrons; lessProtons; lessNeutrons; lessElectrons; more all real numbers greater than or equal to 55 In what year was the Great Schism of 1054 healed?