Answer:
Employees attitude to customers (Customer Relationship) and the quality of the food are the two most important trends that would bring about an increase in sales.
Explanation:
The first instrument of effective sales is an establish relationship. If a customers visits a restaurant to buy food and does not feel welcomed, the tendency to return back another time is very slim. Hnece, taking the scenerio in questions,the employees do not have the right attitude for keepiing their customers loyal to their product irrespective of whether the product is good or bad.
On the other hand, the reason for visiting a restaurant is to eat good food and not bad. So, when the quality of food cooked by the restaurant does not meet the taste and quality expected by the customer, the possibility of having such customer come around again is low. This invariably implies loosing the customer and the chain of connections such customer would have brought to the restaurant.
In summary, having the right employees with good customer relationship and chefs with good food recipes and quality is likely to result in the restaurant experiencing an increase in sales
Why might buying a home during a recession be a good decision for some consumers? Check all that apply. a. Housing prices are down. b. It is easier to get a mortgage. c. Less demand means more options for buyers. d. Less demand means less competition with other buyers. e. Fewer houses are on the market.
Answer:
a. Housing prices are down.
c. Less demand means more options for buyers.
d. Less demand means less competition with other buyers.
Explanation:
A recession is a decline in economic activities in a country, characterized by rise in unemployment, fall in income, and fall in aggregate demand.
During recession because of fall in purchasing power, and decline in aggregate demand, prices naturally will fall and housing prices will fall as well.
A recession is characterized by accumulation of inventory, availability of many unsold stock means more options for buyers.
Fall in demand as a result of lack of purchasing power during recession means less competition with other buyers.
Answer:
a. Housing prices are down.
c. Less demand means more options for buyers.
d. Less demand means less competition with other buyers.
Explanation:
During a recession in the economy, the aggregate demand is on a lower side. This makes the housing prices lower. Lower prices due to lower demand, imply more options for the buyers. Lower demand indicates less competition with other buyers for a buyer.
Hence, all (a), (c) & (d) are the main solutions to the problem, that's why it's easier to get a mortgage.
Which of the following is considered to be a "super tool" or tool that has high use and high potential for improving project success?A. net present value B. risk registers C. progress reports D. fast trackin
Answer:
C. progress reports
Explanation:
A progress report is a document which prepared and maintained so as to track the progress of the project in a course of time.
The progress report contains the outlines of the activities that has been carried out and how much the tasks has been completed.
It also records the milestones that has been achieved according to the project plan.
The project report can be prepared daily, weekly or in a specific interval of time according to the scale of the project.
The success of the project can be improved with the use of Progress report. It is a document that is prepared and maintained for tracking the progress of any of the project in the a specified course of time.
The progress report is the best tool that has high use and high potential for improving project success because it contains the outline of all the activities of the project that has been carried out.
It also shows the way the tasks has been completed.
It is strongest tool as it is prepared on daily, weekly or in a fixed interval of time as per the scale of the project.
To know more about progress report, refer to the link:
https://brainly.com/question/11260353
Clarence lives in Maine, which has a sales tax of 5%. He just bought a digital camera whose full price was $725, but after sending in a rebate form, he later received a check in the mail for $125. What was the total amount that Clarence ended up paying after receiving the rebate?
Answer:
=$600
Explanation:
Full price refers to the highest amount payable, or the total amount to be paid. Clarence must have paid the full paid which was $725.
A rebate is promotions discount given by the manufacturer. It is enjoyed by way of claiming after purchase. By filling the rebate forms , Clarence was claiming the discount entitled to her. She got a check of $125.
Her final expenditure on the camera was $725- $125= $600
=$600
Answer: it's $636.25
Explanation:
A transformative leadership style influences the effectiveness of group decision making. The rational group decision-making model is based on which of the following?1.Power, influence, negotiation, bargaining, and interest group influence2.Economic perspective of decision making and maximum utility3.Difficulty identifying and resolving problems due to ambiguity, complexity, and illogical step taking4.Use of standard operating procedures and guidelines
Answer:
The correct answer is 2
Explanation:
The rational group decision making model, is the one of the model which is based on the group for the decision making process. And if the problem persist or could not be identified correctly, then the group will face the problem as in the group every member might have a different definition of the problem.
Therefore, this model is grounded on the perspective of the economic for the decision making and the maximum utility.
The ________ form of PMO has a high level of control in managing organizational projects.
a. Controlling
b. Supportive
c. Directive
d. Authoritative
Answer:
c. Directive
Explanation:
PMO is an abbreviation for Project Management Office which refers to grouping and departmentalization in an organization with an object of maintaining standards with respect to accomplishment of projects.
Directive form of PMO is created with an objective to direct, control and manage project management office. Such a pmo assigns resources and issues directions and thus exercise a high level of control in managing organizational projects.
Directive PMOs monitor and supervise the activities of the staff and thus exercise high level of authority and control.
At the beginning of 2017, the octo company issued 10% bonds with a face value of $3,000,000. these bonds mature in the five years, and interest is paid semiannually on june 30 and december 31. the bonds were sold for $2,779,200 to yield 12%. octo uses a calendar-year reporting period. using the effective-interest method of amortization, amount of interest expense that should be reported for 2017 is
Answer:
$334,509.12
Explanation:
When using Effective Interest Method,
Interest Expense = Carrying value of Bond × Market yield interest rate.
Semi annual Cash interest:
= $3,000,000 × 10% × 6/12
= $150,000
2017 Interest Expense:
Interest Expense for first semi annual payment:
= $2,779,200 × 12% × 6/12
= $166,752
[Hence, Discount amortized = $166,752 - $150,000 = $16,752]
Interest expense for second semi annual payment:
= ($2,779,200 + $16,752) × 12% × 6/12
= $167,757.12
Therefore, the amount of interest expense that should be reported for 2017:
= $166,752 + $167,757.12
= $334,509.12
"In a mid-size company, the distribution of the number of phone calls answered each day by each of the 12 receptionists is bell-shaped and has a mean of 37 and a standard deviation of 7. Using the Empirical Rule (as presented in the book), what is the approximate percentage of daily phone calls numbering between 23 and 51?
Answer:
[tex] z= \frac{51-37}{7}=2[/tex]
[tex] z= \frac{23-37}{7}=-2[/tex]
So then as we can see we want the probability that the values would be within 2 deviations from the mean. And from the empirical rule we know that within two deviation from the mean we have at least 95% of the data.
So then we can answer this question like this:
[tex] P(23 <X<51)= P(-2< Z< 2) = 0.95[/tex]
Or 95%
Explanation:
Previous concepts
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
The empirical rule, also referred to as the three-sigma rule or 68-95-99.7 rule, is a statistical rule which states that for a normal distribution, almost all data falls within three standard deviations (denoted by σ) of the mean (denoted by µ). Broken down, the empirical rule shows that 68% falls within the first standard deviation (µ ± σ), 95% within the first two standard deviations (µ ± 2σ), and 99.7% within the first three standard deviations (µ ± 3σ).
The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".
Solution to the problem
For this case we know that the the random variable X represent the number of phone calls answered by each of the 12 receptionists is bell shaped with a mean [tex] \mu = 37[/tex] and a standard deviation of [tex]\sigma = 7[/tex].
And for this case we want to find this probability:
[tex] P(23 <X<51)[/tex]
And the best way to solve this is using the z score formula given by:
[tex] z = \frac{x-\mu}{\sigma}[/tex]
Because the z score quantifies how many deviation we are from the mean.
For the value fo 51 we have this:
[tex] z= \frac{51-37}{7}=2[/tex]
And for the 23 we got:
[tex] z= \frac{23-37}{7}=-2[/tex]
So then as we can see we want the probability that the values would be within 2 deviations from the mean. And from the empirical rule we know that within two deviation from the mean we have at least 95% of the data.
So then we can answer this question like this:
[tex] P(23 <X<51)= P(-2< Z< 2) = 0.95[/tex]
Or 95%
Believers of behavioral finance principles do believe that:
A) Markets are not always efficient
B) Rational expectations reflect expected outcomes
C) Choices are always based off expected utility maximization
D) Prices reflect risk and return
E) Arbitrageurs correct mispricings in the market
Answer:
(A) Markets are not always efficient
Explanation:
Behavioral finance tries explaining how individual psychological behavior's influence their financial decisions which cause volatility in the stock market.
It points towards how psychology and human emotions and prejudices affect an investor's decisions which results into unexpected price rise and crashes in the stock market.
Behavioral finance rejects the efficient market hypothesis theory which considers markets are efficient as all the information is available, stock prices are fair reflection of that information.
Thus, Behavioral finance is an extension of behavioral economics and it's believers believe that (A) Markets are not always efficient
the is commonly used when examining a firm's debt position and is computed by dividing the operating profits by the interest expense
Answer:
the INTEREST COVERAGE RATIO is commonly used when examining a firm's debt position and is computed by dividing the operating profits by the interest expense
Explanation:
The interest coverage ratio is calculated by dividing earnings before interest and taxes (EBIT) by interest expenses.
This ratio is very useful because it gives an idea of how easy or difficult it is for a company to pay its current interest expenses.
An interest coverage ratio of 2 is the lowest threshold that separates financially stressed firms from healthy firms. The firm has enough earnings to pay its debts.
If the ratio is below 1, it means that the firm is not able to pay its interest expenses at all.
A person has a comparative advantage in the production of a good when she or he can produce the product at a(n) ________ opportunity cost compared to another person.
Answer:
A person has a comparative advantage in the production of a good when she or he can produce the product at a lower opportunity cost compared to another person.
Explanation:
Comparative cost advantage is a concept that emphasizes on an individual, a firm or a county specializing in the production of goods in which it has a greater advantage over others. In other words, a country is expected to produce goods in which it can produce with less opportunity cost than its trade partner.
With the rapid industrialization and improved transportation of the 1880s, more product producers were chasing the growing purchasing power of more consumers. As a result, they were forced to differentiate their products, resulting in the development oF____________.
Answer: Brands
Explanation:
The development of brands is one of the type of marketing method which strengthen our various types of products and the services in an organization.
The importance of the development of brand is that it helps in maintaining the quality, consistency of product, trust and value the customers requirement.
The following are the phase of the brand development are as follows:
Brand identityBrand strategyBrand management Graphic designAccording to the given question, due to the rapid industrialization the organization are basically forced for differentiating the given products and the services in the development of brands.
Last year, Ace Electronics had credit sales of $1,500,000. The average accounts receivable balance last year was $250,000. What was the receivables turnover ratio for Ace Electronics last year?
Answer:
6 times
Explanation:
The formula and the computation of the receivables turnover ratio is shown below:
Account receivable turnover ratio = (Credit sales) ÷ (Average accounts receivable balance)
= ($1,500,000) ÷ ($250,000)
= 6 times
We simply divided the credit sales by the average account receivable balance so that the receivables turnover ratio could arrive
All of the following are among the goals of a financial information system (FIS) except: A. Monitoring cost trends B. Minimizing capital investment risks C. Sales forecasting D. Managing cash flows
Answer:
C. Sales forecasting
Explanation:
A financial information system (FIS) collects, organizes, and interprets financial data. FIS involves the digitization and automation of financial processes, including budget formulation, internal control measures, accounting, and reporting. The financial information system provides crucial information that aid management in making key policy decisions.
FIS helps management in the day to day financial operations. It provides updated information that allows managers to track the incomes and expenses of the business. The system is designed to provide efficiency in financial management. It only analyzes the information that is has gathered. It is not a forecasting or a sales management tool.
The correct answer is B. Minimizing capital investment risks. Financial information systems are designed to track and manage financial data with goals such as monitoring cost trends, sales forecasting, and managing cash flows, but not directly minimizing investment risks.
Explanation:The goal among the options that is not a primary objective of a financial information system (FIS) is Minimizing capital investment risks (Option B). Financial information systems are designed primarily for the tracking and management of financial data within an organization. Common goals of FIS include:
Monitoring cost trends to ensure efficient use of resources,Sales forecasting to predict future revenue,Managing cash flows to ensure liquidity and operational effectiveness.While FIS can provide information that may indirectly help in minimizing investment risks, it is not their direct goal. Investment risks are often assessed and managed through different aspects of financial management, such as strategic planning, risk assessment, and possibly investment analysis tools, rather than the operational focus of FIS.
To become informed decision-makers in the economy, understanding the basics of financial savings, investment strategies like bonds, stocks, and mutual funds as well as risk and diversification is vital. This knowledge also ties into the role of financial institutions, which affect households and businesses by transforming savings into capital formation through interest and risk assessment, as well as offering various types of consumer accounts.
Learn more about Financial Information System here:https://brainly.com/question/33410074
#SPJ3
A study reported in the May 17, 2012 issue of The New England Journal of Medicine followed people for an average of 13 years and found that people who consumed two or more cups of coffee a day were less likely to die during the course of the study than those who drank no coffee.
a. Was this study a randomized experiment or an observational study?
b. Based on this study, can it be concluded that drinking coffee causes people to live longer?
Answer:
A study reported in the May 17, 2012 issue of The New England Journal of Medicine followed people for an average of 13 years and found that people who consumed two or more cups of coffee a day were less likely to die during the course of the study than those who drank no coffee.
Was this study a randomized experiment or an observational study?
The above study is randomized experiment
Based on this study, can it be concluded that drinking coffee causes people to live longer?
Yes, due to the inference from the research study above. it could be deduced that coffee enhances or improves life span than people without taking coffee as it was established during the 13 years of the research
Explanation:
Final answer:
The study in question is an observational study, which means it observes outcomes without manipulating any variables.
Explanation:
The study reported in The New England Journal of Medicine, which followed individuals for an average of 13 years, is an example of an observational study. This type of study observes and records behavior without manipulating any variables, unlike a randomized experiment where subjects are randomly assigned to different groups with one or more being treated or controlled.
Based on the nature of the observational study, it can be somewhat stated that drinking coffee causes people to live longer. Due to the inference from the research study above. it could be deduced that coffee enhances or improves life span than people without taking coffee as it was established during the 13 years of the research
The format and information contained in one firm's financial statements are most likely to differ drastically from the format and information contained in another firm's financial statements. True or false?
Answer:
False
Explanation:
A financial statement is a document that shows the financial position/strength as well as business activities of a firm, in a structured form and that is easy to understand.
Just like there are generally accepted accounting principles(GAAP), there are also standard ways of writing financial statements. These means that what is obtainable on the financial statement of firm A is also obtainable on that of firm B. This means the financial statement of both firms can do the same functions in their respective firms.
Cheers
"GameStop sells video games and systems, offering a narrow product line with a deep assortment within that line. GameStop is a(n)________."
Answer:
specialty store
Explanation:
Specialty store -
It refers to the shop which have only one specific retail market , is referred to as a specialty store .
It is the type of store , which sells only one type of product.
These stores and independent stores , with no branches .
The competition for a speciality store , are the variety store , supermarkets , general store and the departmental store.
Hence , from the given scenario of the question,
GameStop is a specialty store.
The nominal rate on Sarah’s loan is 7.250%. If the interest is compounded monthly, what rate of interest is Sarah actually paying? a. 7.250% b. 7.496% c. 7.510% d. 8.700% Please select the best answer from the choices provided A B C D
Answer:
b. 7.496%
Explanation:
Suppose the amount borrowed by the Sarah is $1,000 and its interest rate is 7.250% compounded monthly, the below mentioned amount will have to be paid by the Sarah after one year.
Amount to be paid after one year=1,000(1+7.250%/12)^12
=$1,074.96
Now we have to calculate the effective annual interest rate
interest rate=(1,074.96-1,000)/1,000=7.496%
So based on the above discussion and calculation, the answer is b. 7.496%
Answer:
b
Explanation:
If consumers view cappuccinos and lattés as substitutes, what would happen to the equilibrium price and quantity of lattés if the price of cappuccinos falls?
Answer:
Equilibrium price and quantity would fall
Explanation:
Substituite goods are goods that can be consumed in place of each other. If the price of a good increases, consumers can easily subsituite to the other good.
If cappuccinos and lattés are subsituites, if the price of cappuccinos falls, the demand for cappuccinos would increase and the demand for lattes would fall because lattes are now relatively more expensive than cappuccinos.
The fall in demand leads to a fall in quantity demanded and price.
I hope my answer helps you.
If consumers view cappuccinos and lattés as substitutes, a drop in the price of cappuccinos makes them more attractive, causing a decrease in demand for lattés, which in turn leads to a decrease in the equilibrium price and quantity of lattés.
Explanation:In the field of economics, when consumers view two goods, in this case, lattés and cappuccinos, as substitutes, a fall in the price of one good (cappuccinos) would lead to a decrease in demand for the other good (lattés). This situation happens because consumers would switch from the more expensive good (lattés) to the cheaper one (cappuccinos). As a result, the equilibrium price and quantity of lattés would decrease.
This is a basic principle of supply and demand: If the price of a substitute good (cappuccinos) decreases, the demand for the other good (lattés) falls, leading to a decrease in its price (equilibrium price) and the amount sold (equilibrium quantity).
Learn more about Substitutes in Economics here:https://brainly.com/question/31146083
#SPJ3
In the context of the pre- and postproduction services perspective of a value chain, which of the following statements is true of postproduction services?
A. They focus solely on gaining new customers.B. They include contract negotiations.C. They focus on keeping existing customers.D. They include good and service guarantees.
Answer:
They include good and service guarantees (D)
Explanation:
Option A . This false. Focusing on gaining new customers is part of pre-production services because this yet to be turned to sales.
Option B. This is false. Contract negotiation is part of pre-production services because it is a deal that is yet to be concluded.
Option C. This is false.
Option D.This is true. It is part of post-production services such after sales service.
Final answer:
The true statement about postproduction services in the value chain is that they focus on keeping existing customers by providing ongoing support and services to ensure customer satisfaction and loyalty.
Explanation:
In the context of the pre- and postproduction services perspective of a value chain, the true statement about postproduction services is that they focus on keeping existing customers. Postproduction services play a crucial role in customer retention by ensuring that customers are satisfied with their purchases and by providing ongoing support and services. This could include a variety of activities such as customer service, maintenance services, product updates, and customer feedback mechanisms. These services help to build a loyal customer base, which is vital for the long-term success of a business. Contrary to solely attracting new customers, postproduction services often aim to maintain and enhance the relationship with existing customers to ensure repeat business and referrals.
Moreover, the value chain includes several aspects such as procurement, production, and marketing. Of these, postproduction services are especially important in maintaining the prestige and ensuring the capacity of delivery which have direct implications on a company's reputation and future profitability. Successful delivery and positive customer experiences contribute to a firm’s ongoing success and its competitive advantage in the market.
a licensed agent must be appointed by an insurance company to solicit insurance in florida. the agent's license will terminate if a certain period of time elapses without being appointed. How long is this period of time?
Answer:
48 months
Explanation:
If an agent is not appointed in 48 months (2 years), the agent's license will be terminated and would need to apply to be an agent again.
Cheers.
Which process is used to plan and execute large projects such as the construction of a new factory or the production of complex products such as airplanes?
Answer:
Project management
Explanation:
Project management- it is the approach of managing all the processes involves in constructing a large project. it include process like, planning, execution, quality control, etc. The main goal on which project management depends on is the completion of the project on time with a cost-effective approach.
The five main stages of project management are
- initiation
-planning
- execution
- monitoring of the project
- closing of the project
Weston's financial planning model shows assets are projected to increase by $2.7 million while liabilities and equity increase by $1.5 million. What is the external financing need (EFN)?
Answer:
The external financing requirement is $ 1.2 million.
Explanation:
The accounting equation is asset = liability +equity. In simple words any increase in one side of balance sheet (i.e asset) will result in increase in other side of balance sheet (i.e equity + liability) and vice versa.
So if assets are projected to increase by $ 2.7 million than equity and liability is also required to increase by same. As equity is increased by $ 1.5 million, the liability/external financing is calculated as follow
Asset = Liability + Equity
Liability = $ 2,700,000- $ 1,500,000
Liability = $ 1.2 million
Stewart wants to invest some money that he just inherited. He found that his bank offers a savings account paying a guaranteed 3% rate of return. However, he would like to earn a higher return. Stewart should keep in mind that to earn a significantly higher return on his money he:________
Answer:
Stewart will probably have to accept a higher level of risk .
Explanation:
Hence, a large-risk investment is one in which the risks of failure, or of losing some or all of the asset, are greater than the average.
These opportunities often offer investors the ability for greater returns in exchange for embracing the degree of risk associated with that. In saving account he gets 3% rate of return but also gets a lower rate of risk and does not earn much.If he invests his money in higher-risk fields like shares, he may get a higher profit.
Assuming that there are no income taxes, what would be the ROI and residual income, respectively, for this equipment, which has an average value of US $100,000?
Please see complete question below :
CPA-08299: Managers of the Doggie Food Co. want to add a bonus component to their compensation plan. They are trying to decide between return on investment (ROI) and residual income (RI) as the performance measure they will use. If Doggie adopts the RI performance measure, the relevant required rate of return would be 18%. One segment of Doggie is the Good Treats division, where the manager has invested in new equipment. The operating results from this equipment are as follows:
Revenues $ 80,000
Cost of goods sold 45,000
General and administrative expenses 15,000
Assuming that there are no income taxes, what would be the ROI and RI for this equipment that has an average value of $100,000?
ROI RI
Answer:
ROI = 20% and RI = $2000
Explanation:
Return On Investment(ROI) = Profit before Interest & Tax/Average Investment
Profit before Interest & Tax (PBIT) = Revenue -cost of goods sold- General & Adm expenses
PBIT= $ 80,000 - $45,000 -$15,000
= $20,000
ROI = ($20,000/100,000) * 100% = 20%
Residual Income = PBIT - (Average Investment* Required Rate of Return)
=$20,000- (18%* 100,000)
=$20,000- $18,000
= $2000
The city fire department offers its services to any individual within its city limits, so even Ken, who is driving through the city on vacation, received assistance with a car fire. The fire department is an example of a ________organization.
a) servant
b) common weal
c) for-profit
d) mutual benefit
e) volunteer
Answer:
Explanation:
Commonwealth
A community or an organization of shared beliefs , interest , concerns , assistance or services that can be offered. Like in the case of the city fire department offering its services to the environs within its city limits. The act of Ken driving through the on vacation and him receiving assistance is an example of a common wealth organizatiin sharing their concerns and services on anyone in the city.
The marginal benefit you receive from eating a third slice of pizza will be __________ the marginal benefit you receive from eating the first slice of pizza.
Answer:
less than
Explanation:
The law of diminishing marginal utility states that utility decreases as additional units of a commodity are consumed. An example would the satisfaction you would derive from the first bottle of cola and the second and the third, the satisfaction you derive deceases after each additional consumption.
The managers of a restaurant have decided to utilize the Hawthorne effect to increase productivity, which means using cameras to film employees at work in order to isolate the parts of a job.
a. True
b. False
Answer: True.
Explanation:
The Hawthorne effect explains that workers tends to put in more effort when they are aware that they are being monitored, therefore the restaurant can use the Hawthorne effect to achieve more productivity from their workers.
As a Christmas thank you for being a good employee, Ed's TV Repair gave 62-year-old Edwina three shares of its stock worth $20 per share. Edwina then received dividends of $1 per share related to the stock. How much should be included in Edwina's gross income?
Answer:
Edwina's gross income=$63
Explanation:
Shares from stock and dividends must always be included in the gross income since they form part of taxable income. In our case above, we can see that Ed's Tv Repair gave 62-year-old Edwina shares and dividend payments. Gifts are often included in the gross income.
Consider Edwina's gross income as shown;
GI=(S×s)+(D×d)
where;
GI=gross income
S=stock value per share
s=number of stock shares
D=dividend payments per share
d=number of dividend shares
This can also be written as;
Gross income=(stock value per share×number of stock shares)+(dividend payments per share×number of dividend shares)
In our case;
GI=unknown
S=$20
s=3
D=$1
d=3
replacing;
GI=(20×3)+(1×3)
GI=(60)+(3)=63
Edwina's gross income=$63
Worldwide, the public today has more access to information and media choices than ever before. People can now interact freely over media and are no longer passive consumers. However, "more choice" does not necessarily mean ______________.
Answer:
Better Quality
Explanation:
Better Quality, it means that adhering to the good standards of the measure. As the Worldwide, the public have more access to the media as well as the information and have more choices.
And when there are number of choices available, then the people generally look for the more and more and forget regarding the standards of the quality where the they end up having not better quality or the best quality.
The Academic Computing Center provides training sessions to students and has an effective capacity of 2000 students. If the number of students who actually got trained is 1500, what is the efficiency of the system?
1. 90.25%
2. 1750 students
3. 75%
4. 55%
Answer:
3. 75%
Explanation:
Efficiency of the system = number of students who actually got trained (output)/effective capacity of students (input) ×100 = 1500/2000 × 100 = 0.75 × 100 = 75%