Mark is refinishing an antique china cabinet and has already spent $180 on the restoration. He expects to be able to sell the cabinet for $360. Mark discovers that he needs to do an additional $200 of work to make the cabinet worth $360 to potential buyers. He could also sell the cabinet now, without completing the additional work, for $100. What should he do?

Answer:

B. Integrity

Explanation:

Integrity in business represents the virtue of honesty, consistency and adherence to one's strong principles of value, morality and ethical principles. Integrity is rooted in being truthful consistency and and to stand by the truth irrespective of the cost.

Kelly believes that the numbers of the noncollectable accounts receivables are correct and that is the true state of the values. It is the virtue of integrity that will allow her stand by the true figures and be uncompromising (not changing the figure) even at the expense of her job (irrespective of the cost).

Answer:

Roe will be equal to 11.67 %

Explanation:

We have given net income = $50000 = $0.05 million

Total debt = $1 million

Debt ratio = 70% = 0.70

We have to find the ROE

Debt ratio is ratio o debt and assets

So [tex]0.7=\frac{1}{assets}[/tex]

Assets = $1.42 million

Now equity will be equal to assets - debt

So equity = $1.42 - $1 = $0.42 million

Now equity ratio is equal to ratio of net income and equity

So equity ratio [tex]\frac{0.05}{0.42}=0.1167[/tex] = 11.67 %

Final answer:

To calculate Ski Sports, Inc.'s ROE for 2018, you need to calculate total assets from the given debt ratio and total debt, determine shareholders' equity, and then divide net income by shareholders' equity, resulting in an ROE of 11.67%.

Explanation:

To calculate the return on equity (ROE) for Ski Sports, Inc., we first need to define ROE. ROE is a measure of financial performance calculated by dividing net income by shareholders' equity. However, we're only given net income and total debt, along with the debt ratio. The debt ratio is the proportion of total debt to total assets, and since Ski Sports, Inc. has a debt ratio of 70%, we can calculate the total assets and then use that figure to determine the shareholders' equity. Once we have the shareholders' equity, we can calculate ROE.

Here are the steps to calculate Ski Sports, Inc.'s ROE:

Calculate total assets using the debt ratio: Total Assets = Total Debt / Debt Ratio = $1,000,000 / 0.70 = $1,428,571.

Calculate shareholders' equity by subtracting total debt from total assets: Shareholders' Equity = Total Assets - Total Debt = $1,428,571 - $1,000,000 = $428,571.

Calculate ROE using net income and shareholders' equity: ROE = Net Income / Shareholders' Equity = $50,000 / $428,571 = 0.1167 or 11.67%.

Therefore, Ski Sports, Inc.'s ROE for 2018 is 11.67%.

Answer:B. mission statement

Explanation:A mission statement is a statement that is short and outline the purpose of an organization , their overall goals and why they operate , their product and services , and the fundamental values that drives that company and what they vision is for their future. This statement is the clear direction to the employees on what the company aims to accomplish and and it make it clear to the employees what is the purpose of the company.

Answer:

B. negative, positive

Explanation:

Substitution effect : Price rise of a good makes it relatively expensive, decreases its demand. Price fall of a good makes it relatively cheap, increases its demand.

So: Substitution Effect is always negative as per above explanation.

Income Effect : Price rise of a good decreases real income/ real purchasing power of consumer & reduces demand of all goods. Price fall increases real purchasing power & increases demand of all goods.

Income effect is positive in case of Normal Goods, normal good demand is positively related to income. The effect is negative in case of inferior goods, inferior good demand is negatively related to income.

Hence: Price rise of rice - Substitution effect results in negative change  in rice consumption.  {∵substitution effect always negative}

Income Effect leads to positive change in rice consumption {∵price rise reduces real income & income effect is negative for inferior goods}

Answer:

Suppose the price of rice increases and you view rice as an inferior good. The substitution effect results in a ________ change in rice consumption, and the income effect leads to a ________ change in rice consumption.

B. negative, positive

Explanation:

The substitution effect in economics represents the relation between the prince change in a product with the consumption rate. So, in our case, it would result in a negative effect if it is considered as an inferior good. while the income effect is the concept that explains the consumption change thanks to the acquisitive power available for the consumer. Resulting in a positive change in rice consumption due to the lower price of rice.

Answer: Entrepreneur role

Explanation:

 The entrepreneur role plays an important role that helps in producing the various factors by creating the profitable business factors and it stimulating the various types of economical activities.

The entrepreneur using the various types of effective skills and bring the new ideas for developing the opportunities and growth.

According to the given question, the Omega distributors is one of the local manufacturing company and the manager is basically carried out the entrepreneur role based on the given above example.

 Therefore, Entrepreneur role is the correct answer.

Answer: answer is D

Explanation:

Answer:

Vanity Fair, the makers of Lee jeans, learned from market research that young men perceived the brand as being for women. As a result, they developed an advertising campaign targeted to young men and used Buddy Lee, which is a little doll in dungarees that is portrayed as "cool," to alter this market's perception of this brand. Vanity Fair's deliberate decision to significantly alter the way the market views its brand is an example of product re-positioning

Explanation:

From the above description that happened to Vanity Fair, there is no business organization that wants to run at loss in every of their dealings which makes them to change the way buyers/customers view their products in the market which is tagged as product re-positioning. This would enable their customers to have another view in such a way that it would aling with theirs and profit would be maximized.

Answer:

Countries outside the United States use financial accounting standards issued by the;

b. IASB

Explanation:

Accounting can be defined as the profession of keeping financial records for future reference and planning. There are various bodies that issue accounting standards that need to be followed as accepted principles and practice, namely;

1. SEC

Also know as Securities and exchange Commission. This is a federal agency of the government that is independent and is charged with the responsibility of protecting investors and the regulation of security markets. It was formed by the Act of 1934 and has jurisdiction in the United States of America.

2. IASB

Also known as the International Accounting Standards Board. This is an independent private body constituted by accounting experts from different states that are vetted through strict regulations who are charged with the responsibility of developing and approving International Financial Reporting Standards. It was formed in 2001 as a replacement to International Accounting Standards Committee. It has jurisdiction internationally, even in countries outside the United States.

Answer:

The correct answer is C

Explanation:

Environmental Circumstance is the term which is defined as the any circumstances which is forming the grounds of any alleged violation or liability under the Law or Permit of Environmental.

Under this situation, both of them started a business, which performed well in its 1st year, but in the second year the business does not perform well due to the horrible record of team and poor economic conditions. Therefore, this condition will be explained as the environmental circumstances are tough to control as well as are dynamic in nature.

Answer:

B) 8 percent.

Explanation:

The yield to maturity is the expected rate of return of a bonds if held until maturity.

We are asked precisely for what rate are we receiving if held at maturity so we receive the yield to maturity.

That is a rate at which the discounted coupon payment and maturity payment matches the price we urchase the bonds.

If you hold a bond with a 10 percent coupon rate and a calculated 8 percent yield to maturity until it matures, your return is 8 percent. This includes the coupon payments received and any capital gains or losses realized upon maturity.

When calculating the bond yield, it is important to consider the purchase price, coupon rate, and yield to maturity. If you purchased a bond with a 10 percent coupon rate and you've calculated a yield to maturity of 8 percent, the yield to maturity is the return you will earn if you hold the bond until it matures, assuming all payments are made as scheduled and you are able to reinvest each coupon payment at the yield to maturity rate. Option B is correct .

In this case, the return on this asset if held to maturity is indeed 8 percent, as it is specifically stated that the yield to maturity has been calculated based on the purchase price. Yield to maturity includes both the coupon payments you receive and any capital gains or losses (difference between purchase price and face value at maturity). Therefore, if nothing changes and you hold the bond to maturity, your return will equal the yield to maturity you've calculated.

To simplify, if you buy a bond at a discount (less than its face value) and subsequently earn a higher rate (the 10 percent coupon) than the yield to maturity (8 percent) on your purchase price, the total return includes the interest income plus the capital gain achieved when the bond is redeemed at face value.

Answer:

Correct option is (3)

Explanation:

Incorporation refers to the legal procedure of forming a corporation. The corporation has to be registered in one of the states. It is not necessary that the firm registered in a particular state need to have operations in the same state. It can conduct operations elsewhere, but, it is regulated by the laws established by the state of incorporation.

Articles of incorporation is the document which constitutes information regarding name of the company, address and details about board of directors. This is submitted at the time of incorporation. Requirements in articles of incorporation is more or less similar in every state but it can differ.

Tax rate levied on corporations vary from state to state depending on the place where operations are carried out.

Corporations can carry out operations in any state but need to be registered in only one state.

The creation of the new company, firm, NGO, association or management is called incorporation.

Embodiment makes the organisation permanent and also the transferal of the possession of the corporation can be easily done in certain cases.

The correct answer is:

Option 3. Articles of incorporation may vary slightly from state to state.

This can be explained as:

Therefore, articles of incorporation may vary slightly from state to state.

To learn more about incorporation follow the link:

https://brainly.com/question/17441682

Answer:

implementation programs, to see if the promotion was handled consistently in the different stores.

Explanation:

The manager should evaluate the processes at the stores to find out if there are specific actions that are being taken by some of the successful stores that the less successful ones are not doing.

Difference in implementation could be the source of the inconsistent performance.

The regional manager will review the company's local product offerings and how inventory and sales have been tracked across different stores to understand performance differences. Analyzing marketing trends and promotional strategies used by each store will also provide valuable insights. Key data points include sales trends, customer feedback, and promotional impact.

A regional manager at GNC, a chain of retail stores selling nutritional supplements, is reviewing sales data after a recent in-store promotion. To understand the differences between the stores' performances, the manager will likely next review the company's local product offerings. By examining how inventory and sales have been tracked across different stores, the manager can better understand which products were more successful in certain locations.

Additionally, it would be helpful for the manager to analyze the marketing trends and promotional strategies used by each store. Factors such as the effectiveness of in-store displays, the engagement of store employees with customers, and regional customer preferences could provide valuable insights. Examples of key data points to look at include sales trends for various products, customer feedback, and the impact of promotional activities.

Answer:

self-reference criterione. ethnocentric orientation

Explanation:

Self-reference criterion could be defined as unconsciously making reference to your own cultural values and experiences, thinking that everyone thinks and does things the way you do and using that knowledge as a basis for decisions.

Ethnocentric Criterion is closely associated is ethnocentrism, which implies the notion that your own company is the best and knows how best to do things.

This obviously was the case for Procter and Gamble in Japan because it is stated in the scenario that ''Japanese women wash clothes in cold water—either tap water or leftover bath water—so they don't care about all-temperature washing (which is a big selling point in the United States).''

Procter and Gamble suffered a product failure because they suffered from Self-reference criterion by thinking 'as it is in America, so it is in Japan.' Furthermore P&G was guilty of being ethnocentric because they must have assumed there products were always the best and failed to conduct proper analysis on culture-related consumer preferences.

Answer:

$4.8

Explanation:

If Tori bought the dress costing $80 from Arlene's Dress Shop in a state where there is a sales tax, and the The tax base is the price of the dress,

Therefore the amount of tax did Tori have to pay on the purchase if the tax rate is 6 percent; will be:

Tax amount = 6% * $80 = $4.8

Answer:

$4.8

Explanation:

The tax is charged on the object is known as the tax base. In this case, the tax base is the price of the dress, which is $80.

The sales tax rate is 6 percent, so we multiply $80 with six divided by 100 to get the answer.

$4.8 is the sales tax that Tori has to pay for buying the dress.

Sales Tax = [tex]\frac{80 x 6}{100}[/tex] = 4.8$

Good Luck!

Answer:

Stonewalling

Explanation:

Stonewalling, as the term conveys, refers to creation of a defense mechanism wherein the leader instead of paying heed to shortcomings and issues of his team's under par performance, acts to the contrary and comes up with all kinds of evasive responses so as to defend his team.

Stonewalling is regarded as a mark of poor leadership since here, the leader is not focused upon identifying weak areas and addressing them. On the contrary such a leader adopts a denial approach wherein he tends to overlook and ignore the problem.

Stonewalling leaders are unable to extract the desired performance and results from their team since such leaders adopt an ignorant approach towards problems.

Final answer:

Craig's behavior of avoiding responsibility for his team's under-performance through defensive statements and denial is known as 'denial' of the problem, a defense mechanism used to cope with cognitive dissonance and avoid unpleasant truths.

Explanation:

Craig, a sales manager, has been asked to explain the under-performance of his team in the previous financial year. Rather than addressing and resolving the issues, Craig provides defensive statements and denies any wrongdoing by his team. This behavior is known as denial of the problem, which is a defense mechanism people use to avoid confronting unpleasant truths or accepting responsibility for their actions.

Denial is not just refusing to acknowledge the truth, but it can also involve lying to oneself. It is often used as a method of coping with cognitive dissonance that arises when actions contradict personal values. However, for denial to work, at least superficially, it requires a degree of plausibility, but even so, some individuals persist in denying the obvious.

Other forms of denial include the denial of responsibility, where someone refuses to take responsibility for their actions and may blame others, and the denial of the victim, which entails justifying one's actions by believing that the victim deserved it or that no real harm was done.

Answer:

Foreign stock markets are frequently characterized by controlling shareholders for the individual publicly traded firms. Which of the following is NOT identified by the authors as typical controlling shareholders?

family (such as in France) is consider not to be part of the foreign stock markets characterized by controlling shareholders.

Explanation:

Answer:

D. Diversity management

Explanation:

Diversity management refers to a company's will to promote inclusion of various employees of different background into the company's structure. When done effectively, it aids creative thinking process and innovations.

ALT inc. Would want a law firm that supports diversity as much as they do because for the law firm to he included in their structure, it needs to have thesame beliefs about the company's structure in order to have a good working partnership.

Answer:

False

Explanation:

Interest Bearing Account is an account which generates interest income over a specified period of time. Certificate of Deposit is an example for the interest bearing account. So, simply saying that An interest-bearing account is an account that generates interest income on the available balance in the account is wrong.

Answer:

The correct answer is option d.

Explanation:

An industry is comprised of a large number of small firms.  

Because of losses, many firms have left the industry.  

This will cause the industry supply to decline.  

The industry supply curve will move to the left.  

The new supply curve will intersect the demand curve at a higher point.

This leftward shift in the supply curve will cause the equilibrium price to increase and equilibrium quantity to decline.

Final answer:

Economic theory suggests that as firms leave the organic-produce industry due to economic losses, market supply will decrease leading to a rise in the price of organic produce. This rise continues until firms can break even or earn profits. Despite more farmers switching to organic farming, higher production costs can keep organic food prices relatively high.

Explanation:

When many sellers in the organic-produce industry have suffered economic losses and have left the industry, economic theory suggests that the market supply will decline. This supply reduction happens because the firms that remain in the industry are now fewer in number. With the reduction in supply, and assuming demand remains constant, there will be an upward pressure on the price of organic produce. Therefore, the price of organic produce is likely to rise in response to the decline in supply. Over time, the price would continue to rise until it reaches a point where economic losses are eliminated, and the remaining firms can break even or make normal profits.

In the specific context of organic produce, despite an increase in the number of farmers converting to organic farming which shifts the supply curve to the right, the increased production costs associated with organic farming methods might mean that the industry will not see price reductions to the level of non-organic foods. Thus, the equilibrium price for organic foods may remain high due to higher production costs, even though the quantity of organic food supplied in the market may increase.

Answer:

A. If Canada were to allow trade, it would export hockey sticks

Explanation:

A Comparative advantage is said to exist when one nation sacrifices fewer resources than another to produce same quantity of a product. It means the nation with lower opportunity cost (in terms of units of production of other good sacrificed), than others, holds a comparative advantage.

In the given case, Canada sacrifices fewer (i.e 5 bats against 8 bats) units of baseball bats to produce a hockey stick, than other nations.

This means Canada holds a comparative advantage relative to other countries, in production of hockey sticks.

Hence, if Canada were to allow trade, it would export hockey sticks.

Answer:

C. the broad study of how to allocate limited resources to satisfy unlimited wants 

Explanation:

Lionel Robbins defines economics as the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses."

Economics studies the economy as a whole. This indicates that economics is broad.

The needs of man are unlimited but the resources to satisfy this needs are scarce and limited.

I hope my answer helps you

Answer:

Product market expansion grid

Explanation:

Product market expansion grid -  

It is used to plan for the company , when the company is indeed of expanding , is referred to as Product market expansion grid .  

The strategy or information required for the company to increase sale of the goods and services or introducing a new product in the upcoming market , uses this plan.  

Hence , from the given information of the question,

The correct term is  Product market expansion grid .

Answer:

c) movement along 

Explanation:

A change in price of shampoo would lead only to a movement along the demand curve for shampoos. The movement could either be up or down. If price increases, the movement is up and if prices decreases, the movement is down.

Changes in price affect the quantity demanded. If price is increased, quantity demand falls and if price falls, quantity demanded rises.

Other factors lead to a shift of the demand curve. Some of them include:

1. Change in consumers income

2. Change in taste

3. Change in price of subsituites.

I hope my answer helps you

A change in the price of shampoo causes a movement along the demand curve, which represents a change in the quantity demanded without shifting the demand curve itself.

A movement along the demand curve for shampoo would be caused by a change in the price of shampoo. When the price of a product changes, it does not cause the demand curve to shift; instead, it causes a movement along the existing demand curve. This movement reflects the change in quantity demanded in response to the price change. If the price decreases, the quantity demanded will increase, represented as a downward movement along the curve. Conversely, if the price increases, the quantity demanded will decrease, shown as an upward movement along the curve.

Answer:

Yes, the fertilizer lived up to its promise

Explanation:

New fertilizer promised 50% increase in yield

Initial yield = 1200 pounds of squash

Expected yield with new fertilizer = 1200 + (1200×0.5) = 1200 + 600 = 1800 pounds

Actual yield = 1900 pounds

Since the actual yield surpassed the promise yield of the fertilizer, it lived up to its promise

Answer:C. Billing, E. Sales order processing.

Explanation: Fulfilment process are the steps involved in the end stages of a business transaction some of the activities involved in the Fulfilment process include the Billing process and sales order processing.

Billing: This is a business fulfilment process,where the cost and amount to be paid for the product or service rendered,the Bill is usually made available to the buyer.

Sales order processing is sales document which states the order as it was made by the person or organization,it is made available by the business Organisation.

Answer:

D. Yes, because this is an outside business activity

Explanation:

Every other "OBA" - Outside Business Activity - should be disclosed to the corporation and authorised by the company.

In addition, it should be recorded on the U4 Form of such a licensed representative and disclosed in the BrokerCheck report of that person. Keep in mind that a person doesn't have to be reimbursed for an OBA to occur.

Whenever the delegate is in a role to direct the outside business entity's investment activities, it makes it an OBA.

The notion that perhaps the licensed representative, as just a beneficiary, would be able to supervise an office building as well as a construction company's activities, which both of these organizations may have servicing and investment accounts, makes it an OBA.

Answer:

a.An annuity that pays $500 at the beginning of every six months

Explanation:

Annuities 1 to 4 gave the following Present values of which the first is the  highest. See attached for calculations

PV  

6,794.52  

6,144.19  

6,294.52  

6,758.65  

Year 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20  PV  

Annuity 1 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500  

DCF @ 10% 1 0.953462589 0.909090909 0.866784172 0.826446281 0.787985611 0.751314801 0.716350555 0.683013455 0.651227778 0.620921323 0.592025252 0.56447393 0.538204775 0.513158118 0.489277068 0.46650738 0.444797335 0.424097618 0.404361213 0.385543289  

PV 500 476.7312946 454.5454545 433.392086 413.2231405 393.9928055 375.6574005 358.1752777 341.5067277 325.6138888 310.4606615 296.0126262 282.236965 269.1023875 256.5790591 244.6385341 233.2536901 222.3986673 212.0488092 202.1806067 192.7716447  6,794.52  

Annuity 2  1000 1000 1000 1000 1000 1000 1000 1000 1000 1000            

DCF  0.909090909 0.8264 0.751 0.683 0.620921323 0.56447393 0.513158118 0.46650738 0.424097618 0.385543289            

PV  909.0909091 826.4 751 683 620.9213231 564.4739301 513.1581182 466.5073802 424.0976184 385.5432894            6,144.19  

Annuity 3  500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500  

DCF  0.953462589 0.909090909 0.866784172 0.826446281 0.787985611 0.751314801 0.716350555 0.683013455 0.651227778 0.620921323 0.592025252 0.56447393 0.538204775 0.513158118 0.489277068 0.46650738 0.444797335 0.424097618 0.404361213 0.385543289  

PV  476.7312946 454.5454545 433.392086 413.2231405 393.9928055 375.6574005 358.1752777 341.5067277 325.6138888 310.4606615 296.0126262 282.236965 269.1023875 256.5790591 244.6385341 233.2536901 222.3986673 212.0488092 202.1806067 192.7716447  6,294.52  

Annuity 4 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000            

DCF 1 0.909090909 0.8264 0.751 0.683 0.620921323 0.56447393 0.513158118 0.46650738 0.424097618            

PV 1000 909.0909091 826.4 751 683 620.9213231 564.4739301 513.1581182 466.5073802 424.0976184             6,758.65  

Answer:

Price fixing

Explanation:

Any understanding between business contenders or between producers, wholesalers, and retailers to raise, fix, or in any case look after costs. Many, however not all, value fixing understandings are illicit under antitrust or rivalry law.  

Unlawful activities might be indicted by government criminal or common authorization authorities or by private gatherings who have endured financial harms because of the lead.

Answer:

The correct answer is option a.

Explanation:

When a factory closes, its workers become unemployed. Their income declines or disappears. A decrease in income further causes decrease in demand and consumption.

The factory workers will no longer be able to afford restaurant meals, or their demand for meals will decline.

A decline in the demand for meals will adversely affect the revenue and profits of local restaurants.

So, closing up of a factory is a bad news for local restaurants.

Answer:

The amount of the prepaid portion that is due back to Ashley using the 12 month, 360 day proration is=$362.34

Explanation:

Step 1: Determine HOA per day

Use the expression below to determine HOA per day;

T=H×N

where;

T=total HOA dues per year

H=HOA per day

N=number of days in a year

In our case;

T=$660

H=unknown

N=360 days

Replacing;

660=H×360

360 H=660

H=660/360

H=$1.83 per day

Step 2: Determine amount of HOA that is due back

Using the same expression;

T=H×N

but;

T=unknown

H=$1.83 per day

N=(June, 15 days)+(July, 30)+(Aug, 31)+(Sep. 30)+(Oct 31)+(Nov 30)+(Dec 31)

N=(15+30+31+30+31+30+31)=198 days

Replacing;

T=(1.83×198)=$362.34

The amount of the prepaid portion that is due back to Ashley using the 12 month, 360 day proration is=$362.34

Answer:Conditional approval

Explanation:This is a loan that has been approved but there are still conditions which are still pending that need to be met such as some outstanding documents or other conditions such as in this case they still need to take this pledge to the subdivision sales agent.