An organization's culture usually begins with its founders. The founders of an organization play a critical role in shaping its culture from the very beginning. They establish the core values, beliefs, and behaviors that guide the organization's operations and interactions. The founders' vision, leadership style, and personal values significantly influence the culture they create within the organization.
When a company is first established, the founders lay the foundation by defining the organization's purpose, mission, and values. They set the tone for the organization's culture through their actions, decisions, and the way they interact with employees. The founders' values and principles permeate the organization and become the basis for employee behavior and organizational norms.
As the organization grows and develops, the culture established by the founders may be reinforced or modified by subsequent leaders and employees. However, the initial cultural imprint from the founders tends to persist and guide the organization's direction. New leaders are often chosen based on their alignment with the existing culture, ensuring its continuity.
While other factors such as top management and the organization's environment can influence and shape the culture over time, the founders' influence remains significant. The culture of an organization is deeply rooted in its early stages and reflects the collective beliefs, attitudes, and behaviors of its founders.
It is important to note that the country in which the organization operates can also have an impact on certain aspects of the culture, such as legal and regulatory frameworks, societal norms, and cultural values. However, the founders' influence is more direct and immediate in establishing the cultural foundation of an organization.
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The publisher of Celebrity Living claims that the mean sales for personality magazines that feature people such as Megan Fox or Jennifer Lawrence are 1.5 million copies per week. A sample of 10 comparable titles shows a mean weekly sales last week of 1.3 million copies with a standard deviation of 0.9 million copies.
Answer and Explanation:
The computation is shown below:
For determining each part first we have to do the following calculations
Critical value of t = 3.250
Null hypothesis = 1.5
Alternative hypothesis ≠ 1.5
Population mean \(\mu\) = 1.5
Sample mean \(\bar X\)= 1.30
Sample size \(n\) = 10.00
Sample standard deviation \(s\) = 0.900
Standard error of mean is
\(s_x = \frac{s}{\sqrt{n} }\)
\(= \frac{0.900}{\sqrt{10.00}}\)
= 0.2846
Test static is
\(t = \frac{x - \mu}{s_x}\)
\(= \frac{1.30 - 1.5}{0.2846}\)
= -0.703
a. The null hypothesis is
μ = 1.5
Alternate Hypothesis is
μ ≠ 1.5
b. reject \(H_o\) if t is not between
-3.250 and 3.250
c. The value of the test statistic is
t = -0.703
(as we have computed above)
d. fail to reject \(H_o\) as this data does not contradict the publisher claim
Assume that corn and soybeans are alternatives that could be grown by most farmers. An increase in the price of corn will Group of answer choices increase the supply of corn. increase the supply of soybeans. decrease the supply of soybeans. decrease the supply of corn. have no effect on the supplies of corn and soybeans.
An increase in the price of corn will lead to an increase the supply of corn.
According to the law of supply, when there's an increase in price of a particular good, the quantity of that good that is supplied by the producer will increase.
In this case, since there's an increase in the price of corn, the farmers will prefer to supply more of corn in order to maximize profit.
Therefore, the correct option will be that there will be an increase the supply of corn.
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Which term describes a situation where the quantity of output rises, but the average cost of production falls?.
Economies of scale describe a situation where the quantity of output rises, but the average cost of production falls.
What do economies of scale result in a fall in?Economies of scale additionally result in a fall in common variable fees (average non-constant fees) with growth in output. this is brought about by means of operational efficiencies and synergies because of a boom within the scale of production.
Examples of economies of scale consist of accelerated purchasing power, community economies, and technical, economic, and infrastructural. While a firm grows too large, it may be afflicted by the alternative diseconomies of scale. that is wherein unit expenses start to grow to be extra high priced, due to increasing size.
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Zachary, a college student, watches a financial show on television. The host is a well-known financial advisor. He is talking about borrowing from a 401 (k). This information is _____.
Answer:
This information will be "Reliable but irrelevant".
Explanation:
The knowledge and details seem to be accurate because he's such a possibly the best-known financial consultant even though it's meaningless because whatever he's concerned about benefits Zach as something of a student of the university. The narrator may be an extremely poorly-known financial planner, but Zachary certainly doesn't have to borrow from some kind of 401(k).company is discussing how it can be more socially responsible. What is the best way to describe what social responsibility entails
Corporate social obligation (CSR) is a self-policing business model that enables an organization to be responsible to the society to itself. Socially responsible businesses strengthen their brands top talent as customers.
What is the most effective way for a company to demonstrate corporate social responsibility?A company can implement CSR in a number of ways, including by being environmentally conscious and responsible, supporting equity and equality, encouraging inclusiveness inside the workforce, handling employees with respect, donating to the community and ensuring business decisions are moral.
What does corporate social responsibility (CSR) mean and how important is it?CSR suggests that your firm cares concerning broader societal issues in addition to those that affect the company profitability, which will attract customers who share your viewpoints. Therefore, it makes sense to do business sustainably.
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The employment process is carried out by which department?
Answer:
The hiring process is the process of reviewing applications, selecting the right candidates to interview, testing candidates, choosing between candidates to make the hiring decision and performing various pre-employment tests and checks.
Explanation:
The employment process is carried out by Human Resources (HR) division manages the hiring procedure is department.
The HR department is in charge of handling the entire employee life cycle, which includes hiring, onboarding, training, terminating, and providing benefits to employees.
Reviewing applications, identifying the best applicants for interviews, testing candidates, deciding amongst candidates to hire, and carrying out different pre-employment exams and inspections are all part of the hiring process.
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Cost behavior ______. Multiple select question. categorizes costs as fixed, mixed and variable is the relative proportion of each type of cost in an organization
It should be noted that Cost behavior refers to how a cost will change as activity level changes.
Cost behavior?
Cost behavior can be regarded as the indicator which shows the way a cost will change in total with respect to change in some activity.
Therefore, Cost behavior refers to how a cost will change as activity level changes.
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Supply-side policies have proven that smaller government makes the economy more efficient. Select one: True False
Answer:
The given statement is "False".
Explanation:
Supply-side policies include those strategies that increase the economic ability of an enterprise as well as the ability to manufacture. To increase supply-side efficiency, there are also many specific steps that somehow an authority may undertake. Any strategy that increases the economic capacity of a nation's infrastructure and therefore its ability to transfer should be under the supply-side legal framework.the book-to-market effect refers to the finding that firms with high book-to-market ratios tend to have annual returns ________ returns for firms with lower ratios. A. less than
B. greater than
C. equal to
D. unrelated to
Firms with high book-to-market ratios are more likely to generate higher annual returns greater than returns for firms with lower ratios. The correct answer is B. greater than.
The book-to-market effect, also known as the value effect, is a phenomenon observed in financial markets. It refers to the finding that firms with high book-to-market ratios (i.e., high book value relative to market value) tend to have higher annual returns compared to firms with lower ratios.
The book-to-market ratio is calculated by dividing a company's book value of equity (the value of its assets minus liabilities) by its market value of equity (the total market capitalization of the company's outstanding shares).
The higher returns for firms with high book-to-market ratios can be attributed to the market undervaluing these companies, leading to potential investment opportunities. Firms with high book-to-market ratios are often considered undervalued or "value stocks" in contrast to firms with low book-to-market ratios, which are often classified as "growth stocks."
The book-to-market effect has been observed across different time periods and in various markets. The underlying rationale is that investors tend to overestimate the future growth prospects of high-growth companies (low book-to-market ratios) and undervalue companies with lower growth expectations but higher book values (high book-to-market ratios). Therefore, option b) is the correct answer.
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when developing contingency plans, your textbook recommends developing a minimum of contingencies?
The textbook recommends developing at least three contingencies for any given situation.
What is contingency?
A contingency plan, as well known as Plan B informally, is a strategy developed to deal with a situation that is not anticipated in the regular (expected) plan. It is frequently used in risk management for just a rare risk that, while unlikely, could have disastrous results. Creating a contingency plan is frequently done by governments or businesses. The process of putting a contingency plan into action involves five steps: assembling a planning team, determining the extent of the issue, developing a plan, testing the plan, and maintaining the plan's accuracy. For instance, if a company's employees are all travelling on the same plane and it crashes, killing everyone on board, the company may be severely strained and even destroyed.
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which situation is an example of skimming?
a) pop-up windows on a computer asking for you pin
b) a retailer scanning your credit card to steal its number
c) bank statements stolen from your garbage
d) a phone call from someone pretending to be a bank employee
Answer:
B.) a retailer scanning your credit card to steal its number
Explanation:
Max emailed Jacob offering to sell him a diamond ring for $400. Upon receipt of the offer, Jacob immediately emailed back, "I don’t have $400. I’ll give you $300." Max replied, "That’s not high enough." Jacob then e-mailed his acceptance agreeing to pay $400. Max refused to sell the ring to Jacob. Which of the following statements is true?
A. There is no contract
B. Jacob's first response to Max is a counteroffer
C. Both A and B are true
D. There is a contract as Max accepted Jacob's offer
Answer: The correct answer is A. There is no contract.
Explanation:
In this scenario, Max's initial offer was to sell the diamond ring for $400. Jacob's response of offering $300 is considered a counteroffer, as he proposed different terms than the original offer. Max then rejected Jacob's counteroffer by stating that it was not high enough. At this point, no agreement had been reached between the parties. Jacob's subsequent acceptance of the original offer for $400 does not form a contract because Max had already refused to sell the ring to Jacob. Therefore, there is no contract between Max and Jacob
which wheel settings change when you mount the subframe incorrectly in the transverse direction? Check all that apply
TOE
CAMBER
STEERING AXIS INCLINATION (SAI)
CASTER
The wheel settings that change when you mount the subframe incorrectly in the transverse direction is "CASTER" (Option D)
What is Caster?Caster is the process of aligning a wheel with the direction of travel, which can be performed by caster displacement or caster angle. As with the front wheels of a shopping cart, caster displacement shifts the steering axis forward of the axis of wheel rotation. The steering axis is moved away from the vertical by the caster angle.
The caster angle, also known as the castor angle, is the angular displacement of the steering axis from the vertical axis of a steered wheel of a car, motorbike, bicycle, another vehicle, or watercraft as seen from the side.
Positive caster enhances the responsiveness of your vehicle while negotiating bends and the stability of your car when going at greater speeds. The sole disadvantage of a positive caster is that it increases the amount of effort required to steer your car.
Turning plates and a digital or bubble camber/caster gauge are the two most common methods for measuring caster angles. Measuring the upper and lower wishbone mounting points or the MacPherson strut angle.
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ABC Ltd had investment of Rs 68,000 as on 31.3.2013 and investment of Rs 56,000 as on 31.3.2014. During the year ABC Ltd sold 40% of its investments being held in the beginning of period at a profit of Rs 16,800. Determine cash flow from investing activities.
ABC Ltd had investment of Rs 68,000 as on 31.3.2013 and investment of Rs 56,000 as on 31.3.2014. the cash flow from investing activities was Rs 44,000.
What are investing activities.?Generally, Investing activities are actions taken by a business or individual to acquire or dispose of assets in order to increase their wealth. These activities can include the purchase of stocks, bonds, mutual funds, real estate, or other types of investments. Investing activities are typically undertaken with the goal of generating income or capital appreciation over time.
To determine the cash flow from investing activities, we need to calculate the amount of cash that ABC Ltd received from selling its investments.
The investment at the beginning of the period was Rs 68,000. If 40% of this investment was sold, then the amount sold was 40/100 * Rs 68,000 = Rs 27,200.
The profit from the sale of these investments was Rs 16,800, so the total cash received from the sale was Rs 27,200 + Rs 16,800 = Rs 44,000.
Therefore, the cash flow from investing activities was Rs 44,000.
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1. Describe the different types of groups and the five stages of group development
2. Compare groups and teams.
3. Describe the characteristics of effective teams.
1. Different types of groups include formal groups, informal groups, command groups, task groups, interest groups, and social groups.
2. Groups and teams can be compared based on their purpose, structure, interdependence, and focus on performance.
3. Characteristics of effective teams include clear goals, open communication, trust, diversity, shared leadership, and accountability.
Formal groups are created by an organization's structure and have designated roles and responsibilities. Informal groups form naturally among individuals with shared interests or relationships. Command groups are determined by the hierarchical structure of an organization. Task groups are formed to accomplish a specific goal or task. Interest groups gather individuals with common interests. Social groups are formed for social interaction and companionship.
While groups can have various purposes and structures, teams are specifically formed to achieve a common goal through collaboration and interdependence. Teams typically have a higher level of cooperation and shared responsibility compared to groups. Teams often focus on achieving performance excellence through synergy, whereas groups may have a broader scope and individual contributions.
Effective teams have clear and well-defined goals that provide direction and purpose. Open and honest communication promotes collaboration and idea-sharing. Trust among team members fosters cooperation and mutual support. Diversity in skills, perspectives, and backgrounds enhances creativity and problem-solving. Shared leadership allows for distributed decision-making and equal participation. Accountability ensures that team members take responsibility for their actions and outcomes.
Understanding the different types of groups helps in recognizing their purpose, dynamics, and characteristics within an organization or social context. Recognizing the distinctions between groups and teams helps in understanding the dynamics and expectations associated with different collective efforts within organizations or collaborative settings. Incorporating these characteristics in teams can enhance their performance, productivity, and overall effectiveness in achieving goals.
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By 2018 the number of manufacturing jobs being reshored in the United States was _____ the number of jobs being offshored.
It was estimated that in 2018, the number of manufacturing jobs being reshored in the United States was more than the number of jobs being offshored.
What are offshored jobs?An offshored jobs means job that relates to the movement of a business process done at a company in one country to the same company in another country.
In conclusion, , the number of manufacturing jobs being reshored in the United States was more than the number of jobs being offshored.
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Which of the following is not true with respect to strategic and tactical decisions?
a) tactical decisions focus on more specific day-to-day decisions
b) tactical decisions determine the direction for strategic decisions
c) tactical decisions provide feedback to strategic decisions
d) tactical decisions are made more frequently and routinely
e) tactical decisions must be aligned with strategic decisions
Option b) - tactical decisions do not determine the direction for strategic decisions.
Strategic decisions are long-term decisions that determine the overall direction and goals of an organization, while tactical decisions are more specific decisions that are made to implement those strategic decisions.
Therefore, tactical decisions cannot determine the direction for strategic decisions, but rather they provide feedback and support for the strategic decisions.
Summary: Tactical decisions are focused on day-to-day decisions, made frequently and routinely, and must be aligned with strategic decisions. They provide feedback to strategic decisions, but do not determine the direction for them.
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Prepare a trial balance by placing amounts in the appropriate debit or credit column and determining the balance of the service revenue account
Hockley Brewing has produced a new craft lager beer that will be branded Hockley Classic Lager. The market for craft beer is about $20 million retail per year and the average retail price across all craft beer producers is $2. 50. The following information applies to Hockley’s new craft lager beer.
Factory production costs $1. 05 / can (Variable Cost)
Beer ingredients $0. 35 / can (Variable Cost)
Packaging $0. 20 / can (Variable Cost)
Advertising and promotion $60,000 (Fixed Cost)
Channel listing fees $30,000 (Fixed Cost)
Hockley’s wholesale price to retailers $2. 40 / can (Variable Cost)
(Hockley’s) manufacturer’s suggested retail price $2. 55 / can (Variable Cost)
a. What is Hockley’s unit contribution (measured in $ per can) and contribution margin (measured in percentage)?
b. What is the break-even point in cans? in dollars?
c. What is the necessary sales volume in cans to achieve a $150,000 (target) profit?
d. What will Hockley’s net profit be if 100,000 cans of the new lager are sold?
e. What will Hockley’s market share of craft beer be if they sell 100,000 cans?
f. Their largest competitor is Mill Street Brewery whose Original Organic Lager has 2. 5% market share of the craft beer market. Given Hockley’s market share calculated in part (e), what will Hockley’s relative market share (RMS) be for their Classic Lager?
g. The craft beer market is growing at 10% annually, higher than any other type of beer. With the RMS for Hockley Classic Lager calculated in part
(f), at the end of their first year, where in Hockley’s portfolio will Classic Lager be positioned and what recommendation would follow?
h. Calculate the price elasticity of demand if they raise the MSRP from $2. 55 to $2. 75 and demand falls from 100,000 cans to 95,000 cans. Is demand for this product price elastic or inelastic?
Hockley's unit contribution is $0.50 per can with a contribution margin of 19.6%. The break-even point is 180,000 cans or $432,000, and a sales volume of 480,000 cans is needed to achieve a target profit of $150,000.
a. Hockley's unit contribution is $0.50 per can ($2.55 - $2.05), and the contribution margin is 19.6% (($0.50 / $2.55) x 100).
b. The break-even point in cans can be calculated by dividing the total fixed costs ($60,000 + $30,000) by the contribution per can ($0.50). The break-even point is 180,000 cans. In dollars, the break-even point is $432,000 (180,000 cans x $2.40).
c. To achieve a target profit of $150,000, we need to calculate the necessary sales volume in cans. The formula is (Total Fixed Costs + Target Profit) / Contribution per can. Using the given numbers, the necessary sales volume is 480,000 cans.
d. If 100,000 cans of the new lager are sold, the net profit can be calculated as (Unit contribution x Sales volume) - Total Fixed Costs. With the given numbers, the net profit would be $10,000.
e. If Hockley sells 100,000 cans, their market share of craft beer can be calculated as (Sales volume / Total market size) x 100%. With a $20 million market size, their market share would be 0.5%.
f. Hockley's relative market share (RMS) for their Classic Lager can be calculated by dividing their market share by Mill Street Brewery's market share and multiplying by 100. With Hockley's market share of 0.5% and Mill Street Brewery's market share of 2.5%, Hockley's RMS would be 20%.
g. With an RMS of 20% for their Classic Lager, Hockley would be positioned as a significant player in the craft beer market. The recommendation would be to continue investing in and promoting the Classic Lager to further increase its market share.
h. The price elasticity of demand can be calculated using the formula: Percentage change in quantity demanded / Percentage change in price. In this case, the percentage change in quantity demanded is ((100,000 - 95,000) / 100,000) x 100% = 5%, and the percentage change in price is (($2.75 - $2.55) / $2.55) x 100% = 7.8%. Therefore, the price elasticity of demand is 0.64 (5% / 7.8%). With a price elasticity of less than 1, demand for this product is price inelastic, meaning that a price increase led to a proportionally smaller decrease in quantity demanded.
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Which activity will help you improve your verbal communication skills?
A.
learning to pronounce words correctly
B.
learning about gestures used by other cultures
C.
learning correct posture
D.
taking care with your appearance
Answer:
A
Explanation:
knowing how to speak words correctly can help ypu communicate with other people without a problem
.Which of the following is one of the three primary societal issues related to e-commerce?
A) liability
B) anonymity
C) equity
D) intellectual property
Equity is one of the three primary societal issues related to e-commerce. The other two are liability and intellectual property. Option C.
What is Equity?
Equity refers to the fair distribution of benefits and risks associated with e-commerce among all stakeholders, including consumers, businesses, and society as a whole. This includes issues such as accessibility, affordability, and privacy protection.
Equity is considered a type of liability, as it represents funds owed by the business to the shareholders/owners. On the balance sheet, Equity = Total Assets – Total Liabilities. The two most important equity items are Paid-in capital: the dollar amount shareholders/owners paid when the stock was first offered.
Hence, the right answer is Option C.
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ne indicator of economic mismanagement in a country is the_____
One indicator of economic mismanagement in a country is the inflation rate.
Inflation refers to the general increase in prices of goods and services in an economy over time. When the inflation rate is high and sustained, it indicates that the economy is experiencing rapid price increases, eroding the purchasing power of consumers and businesses. High inflation can be a sign of economic mismanagement, often caused by factors such as excessive money supply, fiscal deficits, or ineffective monetary policies. It can lead to a range of negative consequences, including reduced consumer confidence, reduced investment, and economic instability. Therefore, monitoring and controlling inflation is an important aspect of economic management in a country.
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A customer needs to attach a
A. credit report
to a customer authorization form
4. Explain the importance of technical vocational education
Explanation:
VET ( it prepares people to work in various jobs)
it is important business career
help to develop new professional skills
improve your current skills
retrain for new employment
improving quality of employment
if you can plz put this answer as a brainlist answer
The following information relates to the manufacturing operations of trevino golf company during the month of march. The company uses job order costing.
a. purchases of direct materials during the month amount to $54,000. (all purchases were made on account.)
b. materials requisitions issued by the production department during the month total $55
c. time cards of direct workers show 2,000 hours worked on various jobs during the month, for a total direct labor cost of $32
d. direct workers were paid $27,000 in march e. actual overhead costs for the month amount to $33,000 (for simplicity, you may credit accounts payable).
f. overhead is applied to jobs at a rate of $18 per direct labor g. jobs with total accumulated costs of $110,000 were completed during the month
h. during march, units costing $120,000 were sold for $220,000. (all sales were made on account.)
i. any balance remaining in the manufacturing overhead control account at the end of the month is closed directly to cost of goods sold.
Required: Prepare general Journal entries to summarize each of these transactions in the company's general ledger accounts. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Here are the general journal entries to summarize each of the transactions in Trevino Golf Company's general ledger accounts:
a. Purchases of direct materials during the month:
Materials Inventory (Raw Materials) $54,000
Accounts Payable $54,000
b. Materials requisitions issued by the production department:
Work in Process Inventory $55
Materials Inventory (Raw Materials) $55
c. Direct labor cost incurred during the month:
Work in Process Inventory $32
Wages Payable $32
d. Direct workers were paid in March:
Wages Payable $27,000
Cash $27,000
e. Actual overhead costs for the month:
Manufacturing Overhead Control $33,000
Accounts Payable $33,000
f. Overhead applied to jobs:
Work in Process Inventory $36,000 (2,000 hours x $18)
Manufacturing Overhead Control $36,000
g. Jobs completed during the month:
Work in Process Inventory $110,000
Finished Goods Inventory $110,000
h. Sales made during March:
Accounts Receivable $220,000
Sales $220,000
Cost of Goods Sold $120,000
Finished Goods Inventory $120,000
i. Closing of remaining manufacturing overhead balance:
Manufacturing Overhead Control $33,000
Cost of Goods Sold $33,000
The journal entries provided are based on the information given, but it is always advisable to consult with an accounting professional to ensure accuracy and compliance with accounting standards and specific business requirements.
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Knowledge Matters VB Personal finance Buying a Home Math Quiz
Knowledge Matters VB Personal Finance aims to teach students important financial skills and help them make informed decisions about their money, both now and in the future.
Knowledge Matters VB (Virtual Business) Personal Finance is a computer-based educational software designed to teach students financial literacy and money management skills in a fun and interactive way. The program simulates real-world financial scenarios that students might face in their everyday lives, such as creating a budget, saving for retirement, buying a car, and investing in the stock market.
Through the program, students can learn and practice a variety of financial skills, including:
Budgeting and Money Management: Students can learn how to create and manage a personal budget, track their spending, and save money for future expenses.
Banking and Credit: The program teaches students how to manage a checking and savings account, use credit cards responsibly, and build good credit.
Investing and Retirement: Students can learn about investing in the stock market, mutual funds, and retirement accounts like IRAs and 401(k)s.
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Look for _____ in research information showing preferential treatment or consideration regardless of legitimate reasoning.
credibility
relevance
bias
additional sources
Answer:
bias
Explanation:
bias is the true anwer
Question :Which statement best describes displacement? Check all that apply
Answer:2 , 3 5
Answer:
2
Explanation:
thats my guess
Shawn Bixby borrowed $30,000 on a 150-day, 12% note. After 65 days, Shawn paid $3,300 on the note. On day 106, Shawn paid an additional $5,300. Use ordinary interest. Determine the total interest use the U.S. Rule. Note: Do not round intermediate calculations. Round your answer to the nearest cent. Determine the ending balance due use the U.S. Rule. Note: Do not round intermediate calculations. Round your answer to the nearest cent.
Total interest will be 2496.4 for the money that Shawn Bixby borrowed.
What is interest?The sum that is paid in monetary form for using another person's money is known as interest.
Interest expense
30,000 x 12% x 150 days/360 = 1500
Payment deducted from the note:
3300 - 1500 = 1800
30,000 - 1800 = 28200
interest expense
28200 x 12% x 106/360 = 996.4
Deduced from the note
5300 - 996.4 = 4303.6
28200 - 4303.6 = 23896.4
Adding both the interest expense 996.4 and 1500 interest expense
996.4 + 1500 = 2496.4
The total interest will be 2496.4 which needs to be paid.
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What conditions would affect how much people would use your business?
The business is and Ice Cream Shop.
Answer:
restaurant
like pandemic all small restaurant is closed the business is bankcrap