The practice must set the price per visit at $16 in order to achieve an annual profit of $160,000, assuming the estimated volume of visits in the first year is 10,000.
To determine the price per visit required to achieve an annual profit of $160,000, we need to divide the desired profit by the estimated volume of visits in the first year. Let's calculate:
Profit per visit = Desired profit / Volume
Profit per visit = $160,000 / 10,000 visits
Profit per visit = $16
Therefore, the practice must set the price per visit at $16 in order to achieve an annual profit of $160,000, assuming the estimated volume of visits in the first year is 10,000.
To learn more about annual profit
https://brainly.com/question/31167809
#SPJ11
2lm²n³ ÷ 3l³m²n
please help :))
Answer:
\( \frac{2}{3} {l}^{ - 2} {m}^{0} {n}^{2} \)
\( {m}^{0} = 1\)
A traditional store selling products
moral hazard is an important concern of insurance arrangements because the existence of insurance a. provides increased incentives for risk-taking.
b. is a hindrance to efficient risk-taking.
c. causes the private cost of the insured activity to increase.
d. creates an adverse selection problem but no moral hazard problem.
Moral hazard is an important concern of insurance arrangements because the existence of insurance a) provides increases incentives for risk-taking.
The following are explanations for why this is the case. Insurance offers protection against losses resulting from different types of risks. When people know that they will not bear the full consequences of a risk, they have less of an incentive to avoid it.
The presence of insurance, in essence, increases the level of risk that individuals and businesses are willing to take on. This happens because people may not act with the same level of caution as they would if they were fully exposed to the risk. This behavior is known as moral hazard.
Insurance companies, on the other hand, must account for moral hazard when pricing their policies. This is because it may increase the likelihood that they will have to pay out a claim. To account for this risk, they may increase their premiums or only offer policies to individuals who are less likely to engage in risk-taking behavior.
In conclusion, the presence of insurance may encourage risk-taking by reducing the private cost of an insured activity. Individuals may be less cautious because they know that they will not have to bear the full consequences of their actions.
Therefore , the correct answer is a) provides increased incentives for risk-taking.
know more about Moral hazard here,
https://brainly.com/question/33557022
#SPJ11
According to Hackman and Oldham's job characteristics model, what type of employee would most likely be satisfied and perform at a high level
The type of employee that would most likely be satisfied and perform at a high level is motivated employee.
Who is Hackman and Oldham?Richard Hackman and Greg Oldham developed a model which itself motivates employees for the jobs.
The model focuses on the perspective that if the job is not monotonous, it can motivates the employee and would not feel discouraged to work.
Hence, the type of employee that would most likely be satisfied and perform at a high level is motivated employee.
Read more on about Hackman and Oldham here: https://brainly.com/question/13103980
#SPJ1
The amount of a market that a producer controls is called market share. How is market share related to pure competition?
Answer:
pure competition ids defined as a market structure with many fully informed buyers and sellers in an identical producer and ease of entry. if there were more market shares, there would be more competition.
Explanation:
If the market for soccer balls is saturated and the market for soccer nets is open, which combination makes the most sense for Sabrina’s Soccer?
If the market for soccer balls is saturated and the market for soccer nets is open, a combination which makes the most sense for Sabrina’s Soccer is: F.
What is a production possibilities curve?A production possibilities curve (PPC) is also referred to as the production possibilities diagram or the production possibilities frontier (PPF) and it can be defined as a type of chart that is typically used for illustrating the maximum and best combinations of two products that can be produced by a producer (manufacturer) in an economy, if they both depend on these two (2) factors;
Technology is fixed.Resources are fixed.Based on the production possibilities curve (see attachment), we can reasonably infer and logically deduce that the maximum and best combinations that would offer the most sense for Sabrina’s Soccer is option F with 0 for soccer balls and 5 for soccer nets.
Read more on production possibilities here: brainly.com/question/26460726
#SPJ1
"Dear Mr. Davis Thank you for your interest and for your resume for our position of Marketing Planner as advertised in the Atlanta Daily Journal We received well over 300 applications for this competitive position and although your resume is impressive, we find your skills do not exactly match the specialize requirements for this demanding position." This is an example of what type of business letter? indirect letter direct letter formal business letter informal business letter
This is an example of a formal business letter. indicate that the letter is addressing someone named Mr. Davis, expressing gratitude for his interest and resume.
The language used is professional and respectful, which aligns with the characteristics of a formal business letter. The letter then proceeds to inform Mr. Davis that although his resume is impressive, his skills do not align with the specialized requirements for the position. This type of communication is typically conducted in a formal business setting, where a professional tone and structure are expected. This is an example of a formal business letter. indicate that the letter is addressing someone named Mr. Davis, expressing gratitude for his interest and resume.
learn more about business here:
https://brainly.com/question/32782909
SPJ11
working through the channel of distribution with promotional efforts is referred to as what promotional strategy?
Push marketing refers to the process of distributing promotional materials through distribution channels.
Explain about the promotional strategy?The plan and strategies you use in your marketing plan to raise demand for your product or service are what constitute a promotion strategy. The target audience is at the center of promotional techniques, which are an essential component of the marketing mix (product, price, placement, and promotion)
The most crucial function of a promotion is to distinguish a company from its rivals. If there was no competition, no business would ever need to conduct any promotions. In order for clients to continue doing business with you, you must stay one step ahead of your rivals.
An effective sales promotion appeals to the needs, values, and emotions of your target audience using imagery, persuasive copy, and logic before presenting them with an incentive to buy your goods or services.
To learn more about promotional strategy refer to:
https://brainly.com/question/29218449
#SPJ4
identify specific work roles assumed by management accountants in business organizations and explain how the individuals occupying those roles contribute to internal controls, fraud prevention, an ethical climate and thus to good overall corporate governance.
Management accountants play a critical role in ensuring the financial stability and success of an organization.
Here are some specific work roles that management accountants can assume and their contributions to internal controls, fraud prevention, an ethical climate, and overall corporate governance:
1. Cost Accountant: Cost accountants are responsible for collecting and analyzing data to determine the cost of producing goods and services. Cost accountants also play a role in detecting fraudulent activities by monitoring production costs and detecting any unusual variances.
2. Budget Analyst: Budget analysts are responsible for creating, managing, and analyzing budgets. Budget analysts also contribute to the ethical climate of an organization by ensuring that all financial transactions are transparent and accountable.
3. Internal Auditor: Internal auditors are responsible for ensuring that an organization's internal controls are effective in detecting and preventing fraud.
Internal auditors also help create an ethical climate by identifying any unethical behavior and making recommendations to management for addressing it.
4. Forensic Accountant: Forensic accountants are responsible for investigating financial fraud and white-collar crime.
Forensic accountants play a critical role in preventing fraud and creating an ethical climate by deterring employees from engaging in fraudulent activities.
5. Controller: Controllers are responsible for overseeing an organization's accounting and financial operations.
Controllers also play a role in creating an ethical climate by setting the tone for ethical behavior and ensuring that all employees are held accountable for their actions.
In summary, management accountants assume a variety of work roles that contribute to the internal controls, fraud prevention, and ethical climate of an organization.
By providing financial analysis, ensuring compliance with laws and regulations, and detecting and preventing fraud, management accountants help ensure good overall corporate governance.
To know more about financial stability refer here
https://brainly.com/question/26005781#
#SPJ11
How does a subscription business model function?
A. By asking the government to tax the customers
B. By relying on a series of one-time sales
C. By relying on contracts that bring in a predictable source of
revenue
D. By asking customers to pay costs to the government
Answer:
B.
Explanation:
Aptitude tests are designed to measure potential for accomplishment. B how much has been learned. verbal abilities. D capacity for divergent thinking Question 6 2 Points The difference between gross and fine motor skills is whether they A are controllable B involve bigger or smaller muscles. involve mental or physical skills. D are due more to nature or nurture.
The difference between gross and fine motor skills is whether they involve bigger or smaller muscles.
Gross motor skills refer to the ability to control and coordinate large muscle groups to perform movements such as walking, running, jumping, and throwing. These skills involve the use of larger muscle groups and the coordination of multiple body parts.
On the other hand, fine motor skills involve the coordination and control of smaller muscle groups, particularly those in the hands and fingers. These skills are necessary for activities that require precise movements, such as writing, drawing, typing, or using utensils. Fine motor skills are essential for tasks that require dexterity, hand-eye coordination, and precision.
The distinction between gross and fine motor skills is primarily based on the size and complexity of the muscle groups involved in the movement. Gross motor skills focus on larger muscle groups and movements, while fine motor skills involve smaller muscle groups and more precise movements. Both types of motor skills are important for overall physical coordination and performance of various tasks in daily life.
Learn more about Gross motor here:
https://brainly.com/question/28018760
#SPJ11
Whenever inflation rates are overestimated for the life of a loan, creditors lose and debtors gain.
(True or False)
True. If inflation rates are overestimated for the life of a loan, creditors lose and debtors gain. This is because creditors are lending money at a certain interest rate based on an assumed inflation rate, which is the expected increase in prices over time.
When inflation rates are overestimated for the life of a loan, creditors (lenders) lose and debtors (borrowers) gain. This is because inflation erodes the purchasing power of money over time. If inflation rates are overestimated, the actual inflation experienced turns out to be lower than expected. As a result, the real value of the money borrowed decreases, benefiting the debtor.
For example, if a borrower takes out a fixed-rate loan with an interest rate that incorporates an overestimated inflation rate, they effectively repay the loan with money that has a higher purchasing power than anticipated. In other words, they are repaying the loan with "cheaper" dollars. On the other hand, the lender receives back money with less purchasing power than they anticipated when lending the funds, resulting in a loss.
Inflation expectations play a crucial role in financial transactions, particularly in long-term loans or contracts. If inflation turns out to be lower than expected, it can lead to a redistribution of wealth from creditors to debtors. However, if inflation is higher than anticipated, the opposite situation occurs, with creditors benefiting and debtors facing increased repayment burdens.
Learn more about inflation : brainly.com/question/26644463
#SPJ11
give short introduction about tourism industry
Answer:
Tourism industry is the industry that manages all the resources related to the tourism like hotel management, guides and many more. Tourism industry is very beneficial for the developing countries like Nepal, India and many more. Through it there will be economic development in the country. And from the economical development the citizens of the country can get facilities.
Answer:
Explanation: Tourism is the activities of people traveling to and staying in places outside their usual environment for leisure, business or other purposes for not more than one consecutive year.1.Domestic Tourism -Domestic tourism is the act of travelling for business or leisure within one’s home country2.International tourism-International tourisminvolves tourist who are traveling to different countries.
Select the correct answer. Which utility applies to a company that educates customers about its products' features? OA form utility O B. knowledge utility O C. possession utility D. place utility O E. price utility Reset Next
Answer:place utility
Explanation:
Utility applies to a company that educates customers about its products' features is possession utility. Thus the correct option is C.
What is a product?A product is referred to as a finished good distributed in the market to serve the customers. This product is tangible in nature which consumers can see, touch and utilize.
Possession utility measures the degree of usefulness or perceived value a consumer gets from owning a certain product. Companies must make their products easier to own because this increases the product's perceived value.
Therefore, option C possession utility is the appropriate answer.
Learn more about possession utility, here:
https://brainly.com/question/15381693
#SPJ2
what do you call a dog on the beach
it may be called as hot dog
Answer:
a beagle
Explanation:
if the exchange rate is 2 brazilian reals per dollar and a meal in rio costs 20 reals, then how many dollars does it take to buy a meal in rio? a. $40 and your purchase will decrease brazil's net exports. b. $40 and your purchase will increase brazil's net exports. c. $10 and your purchase will decrease brazil's net exports. d. $10 and your purchase will increase brazil's net exports.
D) If a supper in Rio costs 20 reals and the exchange rate is two reals to the dollar, your $10 purchase will improve Brazil's net exports.
How do net exports work?
The net exports of a nation serve as a proxy for its entire commerce. The method for calculating net exports is simple: The whole value of a country's exports is subtracted from the total value of its imports of goods and services to determine net exports. A nation has a trade surplus if its net exports are positive; a trade deficit if they are negative.
As a result, the net exports of a nation are included in its overall trade balance. A country with positive net exports makes more money selling its products overseas than it does from all of its imports put together. Exports are all goods and services that a country sends to other nations, and this includes all goods and services associated with trade, shipping, travel, tourism, and finance.
Learn more about net exports with the help of the given link:
brainly.com/question/14264681
#SPJ4
whats the right option for ava
The decision to either buy or lease based on the given requirements by Ava include:
Want to live here for a long time - Buy Want the chance to make money if I leave - Buy Interested in rental income - Buy Don't love to do repairs - Lease Why should Ava buy or lease ?If you have a strong desire to settle down in a particular area and establish long-term roots, buying a property might be a suitable option. If you anticipate the possibility of relocating in the future and want the opportunity to earn money from your property, buying a home can offer potential financial benefits.
If generating rental income is a significant factor for you, purchasing a property to rent out could be a viable option. If you prefer to avoid the responsibilities and costs associated with property repairs and maintenance, leasing might be more suitable for Ava .
Find out more on leasing or buying at https://brainly.com/question/7644451
#SPJ1
Which is a requirement for an acceptance?
mirror image of offer
intent to contract
communicated
all of the above
All of the above
The offer must be mirrored, the first party must have an intent to contract, and that intent must be communicated for the second party to know, for sure, that a specific contract is agreed upon for acceptance.
Please mark as Brainliest if you found this helpful.
a 40-year-old man in the u.s. has a 0.245% risk of dying during the next year . an insurance company charges $280 per year for a life-insurance policy that pays a $100,000 death benefit. what is the expected value for the person buying the insurance? round your answer to the nearest dollar.
How does the price of oil impact the price of food?
Answer:
The price of Oil effect the price of food because it all works together in the economy/system
Explanation:
If a country runs a trade surplus, its investment spending is
probably:
low relative to its savings.
equal to zero.
equal to its savings.
high relative to its savings.
If a country runs a trade surplus, its investment spending is likely high relative to its savings.
When a country runs a trade surplus, it means that its exports of goods and services exceed its imports. This implies that the country is earning more foreign currency from its exports than it is spending on imports. In this context, investment spending refers to the amount of money the country allocates towards capital investment, such as infrastructure development, research and development, and expanding production capacity.
A trade surplus indicates that the country is earning more income from exports than it is spending on imports. As a result, the country accumulates a surplus of savings in the form of foreign currency reserves. To make efficient use of these savings, the country is likely to channel a significant portion of them towards investment spending. This can be done by funding domestic capital projects or investing in foreign countries.
Learn more about foreign currency here:
https://brainly.com/question/31308343
#SPJ11
Guya paid 20% more for a name-brand entertainment system than a generic one would have cost.assuming the generic system was $400, how much did he pay for his entertainment system
Answer:
$480
Explanation:
Find 1% of the cost.
100% = 400
1% = 400 ÷ 100 = 4
Since they are asking for entertainment system, which costs 20% more than the generic, find out 120%.
120% = 4 x 120 = 480
Are the following statements true or false? Explain in each case.
“Two countries can achieve gains from trade even if one of the countries has an absolute advantage in the production of all goods.”
“Certain very talented people have a comparative advantage in everything they do.”
“If a certain trade is good for one person, it can’t be good for the other one.”
“If a certain trade is good for one person, it is always good for the other one.”
“If trade is good for a country, it must be good for everyone in the country.”
1. True. Even if one country has an absolute advantage in the production of all goods, both countries can still benefit from trade if the other country has a comparative advantage in the production of certain goods.
2. False. Even the most talented people are not good at everything but they might be better at some things than others, but they cannot be excellent at everything.
3. False. Trade can be beneficial for both parties involved.
4. False. Trade can be beneficial for one party but not necessarily for the other.
5. False. International trade can have negative consequences for certain groups of people.
Adnan Hassan earned 5% commission as a sales trainee. After
promotion to a sales associate, he earned 8% commission. His year-end
report showed $673,874 in total sales and $45,006.52 in commission.
What did his sales total as (a) a sales trainee and (b) a sales associate?
Answer:
He earns $296780 as a Sales Trainee and $377094 as a Sales Associate
Explanation:
Given
Let x represents his sales as a sales trainee
Let x represents his sales as a sales associate
Total Sales: \(x + y = 673874\)
Total Commission: \(0.05x + 0.08y = 45006.52\)
Required
Find x and y
Equations
\(x + y = 673874\) --- (1)
\(0.05x + 0.08y = 45006.52\) --- (2)
Make y the subject of formula in (1)
\(x + y = 673874\)
\(y = 673874 - x\)
Substitute this in (2)
\(0.05x + 0.08y = 45006.52\)
\(0.05x + 0.08(673874 - x) = 45006.52\)
Open Bracket
\(0.05x + 53909.92 - 0.08x = 45006.52\)
Collect Like Terms
\(0.05x - 0.08x = 45006.52 - 53909.92\)
\(- 0.03x = -8903.4\)
Divide through by -0.03
\(x = \frac{-8903.4}{-0.03}\)
\(x = 296780\)
Recall that
\(y = 673874 - x\)
\(y = 673874 - 296780\)
\(y = 377094\)
Hence;
He earns $296780 as a Sales Trainee and $377094 as a Sales Associate
Explain the problem that can occur due to learning organization approach.
Answer:
Shshwhsjehsnebebebebbee
What is economic growth and it's best example?
Answer:
Economic growth is defined as an increase in a nation's production of goods and services. An example of economic growth is when a country increases the gross domestic product (GDP) per person. The growth of the economic output of a country. As a result of inward investment Eire enjoyed substantial economic growth.
Explanation:
Heres another example, "If the Central Bank cut interest rates, this would provide an incentive for firms to invest (borrowing would now be cheaper). This investment is a component of AD and AD will rise. With higher investment, more people will be employed, and there is a purchase of raw materials."
Hope this helps! <3
This type of cover letter style does a side by side comparison of an employer’s requirements and an applicant’s experience:
a.
Paragraph letter
b.
T-letter
c.
Bullet letter
d.
S-letter
Answer:
B
Explanation:
Got it on edge 2020
what are the matters to be considered while studing market ? write in brief
Answer:
The purpose of researching a market is to figure out how you can best attract those who are likely to buy your company's products or services.
the system of shifting itemized deductions into one year such that the amount of itemized deductions exceeds the standard deduction for the year, and then deducting the standard deduction the next year is known as
Bunching is the practice of taking the standard deduction in the following year.
Itemized deductions are used by individual taxpayers to reduce their tax liability. These are expenses that are tax deductible and can be deducted from AGI to lessen a taxpayer's overall tax liability. The amount of a tax burden reduction that an individual taxpayer may be eligible for will ultimately depend on their tax bracket and filing status. Only taxpayers who qualify for standard deductions have access to these alternatives. A tax-deductible expense is one that is incurred by an individual taxpayer on a variety of goods or services with the sole purpose of deducting the cost from their federal income tax liability. This type of expense is known as an itemized deduction and can be claimed on FIT (federal income tax) returns.
Learn more about deduction here:
https://brainly.com/question/3158031
#SPJ4
Referring to an individual as “a person with schizophrenia,” as opposed to “a schizophrenic,” is an example using _____________ language.
Diagnostic
People-first
Inappropriate
Boundary-safe
Answer:
People-first
Explanation:
People-first language is a form of linguistic medication style involving a speaker putting a person before describing the actual diagnosis, that is, what a person "has" rather than asserting what a person "is."
For example, “a man walks with crutches” rather than” he is disabled.” Person-first language tends to be positive and promotes abilities rather than limitations.
Hence, in this case, Referring to an individual as “a person with schizophrenia,” as opposed to “a schizophrenic,” is an example using PEOPLE-FIRST Language.