This is an example of 1. Job Rotation, 2. Cross-Training, 3. Job Enrichment, 4. Skills Expansion, 5. Job Redesign, 6. Job Enlargement.
1. Job rotation is the practice of moving employees between different job roles or departments to provide them with a variety of experiences and to develop their skills. Arjen's four-month rotations in different departments as part of his management training program is an example of job rotation.
2. Cross-training is the practice of training employees to perform multiple job roles or functions within an organization. Eliana's expanded responsibilities in processing payroll for multiple locations is an example of cross-training.
3. Job enrichment is the practice of giving employees more meaningful and challenging work by adding new responsibilities or tasks to their current role. Lucia's expanded role in writing copy and laying out web pages is an example of job enrichment.
4. Skills expansion is the practice of providing employees with new skills or training to perform different tasks or functions. Quentin's additional responsibility of working the drive-thru is an example of skills expansion.
5. Job redesign is the practice of changing the tasks, responsibilities, or processes of a job to make it more efficient, effective, or satisfying for employees. Gloria's new tasks of sorting, pulling, or inspecting is an example of job redesign.
6. Job enlargement is the practice of increasing the variety or number of tasks that an employee performs within their current role. Javier's new responsibilities of working with the employee benefits team or the legal compliance team is an example of job enlargement.
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Based on the idea "A bargaining range between a union and firm".Is it possible for unions to better their interests by affecting oraltering the union constraint in a direct or indirect manner?And A nd Also can can you recommend a strategy that may work for this goal described here based on your Microeconomics idea/knowledge?And how can unions put the strategy to work and draw the effect of the strategy in a diagram.
Unions may improve their interests by negotiating for a better union constraint or using political activities to increase bargaining power.
Unions can potentially better their interests by affecting or altering the union constraint, either directly or indirectly.
Directly, unions can try to negotiate for a more favorable union constraint in their collective bargaining agreements with firms, which would expand the bargaining range and increase the potential gains from trade for both parties.
Indirectly, unions can influence the union constraint by engaging in political activities, such as lobbying for pro-union legislation or supporting political candidates who are sympathetic to labor interests.
A potential strategy that unions may use to better their interests is to focus on increasing their bargaining power.
This could be achieved through tactics such as strike action, which can disrupt production and put pressure on the firm to make concessions.
Additionally, unions could work to increase their membership and solidarity, as a larger and more unified union can exert more bargaining power.
In terms of a diagram, the effect of such a strategy could be represented by a shift in the bargaining range.
As the union increases its bargaining power, the bargaining range would shift in the union's favor, potentially leading to a more favorable outcome for the union in terms of wages, benefits, and working conditions.
However, it is important to note that increasing bargaining power may also lead to a breakdown in negotiations if the union becomes too powerful and demands exceed what the firm is willing to offer.
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what is correspondence in business. Briefly explain the qualities of a good letter
Answer:
Business correspondence means the exchange of information in a written format for the process of business activities. Business correspondence can take place between organizations, within organizations or between the customers and the organization. The correspondence refers to the written communication between persons
When a buyer purchases a property that has an existing mortgage loan, the buyer does not add his or her signature to the note, meaning the buyer does not take on any personal liability. In this case, the buyer is said to:
When a buyer purchases a property that already has an existing mortgage loan, the buyer is essentially taking on the responsibility of paying off the remaining balance on the loan. However, the buyer does not need to add their signature to the note, which means that they do not take on any personal liability for the debt. This scenario is known as an assumption.
An assumption is a process where the buyer takes over the existing mortgage loan of the seller, without the need to obtain a new loan. This process can occur in various situations, such as when the seller wants to sell their property but still has an outstanding mortgage on it. In this case, the buyer can assume the mortgage and take over the payments, which helps to simplify the buying process.
Assuming a mortgage can be beneficial for both the buyer and the seller. For the buyer, they do not have to go through the lengthy process of obtaining a new mortgage, which can be time-consuming and stressful. Additionally, the terms of the existing mortgage loan may be more favorable than what the buyer could obtain on a new loan.
For the seller, an assumption can make their property more attractive to potential buyers, as it can make the buying process smoother and quicker. Additionally, if the seller has a low-interest rate on their mortgage, the buyer can assume that rate, which could make the property more desirable.
In conclusion, when a buyer purchases a property with an existing mortgage loan and does not add their signature to the note, they are said to have assumed the mortgage. This process can be beneficial for both the buyer and the seller, as it can simplify the buying process and provide favorable loan terms.
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(ANSWER PROVIDED) What is formal structure?
A.
Structure of legal compliance
done
B.
Structure represented by an organizational chart
C.
Relationships from people working
D.
Structure for the top executives of a company
ANSWER - B. Structure represented by an organizational chart
Explanation:
B.
Structure represented by an organizational chart
With reference to theories of growth, discuss the implications of capital accumulation and technological progress for a country’s long-run economic growth.
Capital accumulation and technological progress are two crucial factors that significantly impact a country's long-run economic growth, as explained by various theories of growth.
Capital Accumulation:
Capital accumulation refers to the increase in physical and human capital stock within an economy. It involves investing in productive assets, such as infrastructure, machinery, and education, which enhance productivity and output levels. The implications of capital accumulation for long-run economic growth are as follows:
1) Increased Production Capacity: Capital accumulation allows a country to expand its production capacity, leading to higher levels of output and economic growth. More capital means more tools, equipment, and technology available to workers, enabling them to produce more efficiently.
2) Enhanced Labor Productivity: Adequate capital accumulation leads to improved labor productivity. Workers with access to modern machinery and technology can produce more output per unit of time, increasing overall economic efficiency and growth.
3) Diminishing Returns: However, it is important to note that the impact of capital accumulation on economic growth is subject to diminishing returns. Initially, the addition of capital leads to significant productivity gains, but as the capital stock increases, the marginal returns diminish. This underscores the importance of technological progress as a complementary factor.
Technological Progress:
Technological progress refers to advancements and innovations that lead to improved production methods, new products, or increased efficiency. It can occur through research and development, knowledge accumulation, and the adoption of new technologies. The implications of technological progress for long-run economic growth are as follows:
1) Productivity Growth: Technological progress is a key driver of productivity growth. New technologies and innovations enable more efficient production processes, which increase output levels without requiring a corresponding increase in inputs. This sustained productivity growth contributes to long-run economic growth.
2) Structural Change: Technological progress often leads to structural changes in an economy. Industries and sectors that embrace technological advancements tend to experience higher growth rates, while those resistant to change may face challenges. Technological progress can drive economic transformation and the emergence of new industries, fostering overall growth.
3) Spillover Effects: Technological progress often has positive spillover effects throughout the economy. When one firm or industry adopts new technologies, it can lead to knowledge diffusion, knowledge spillovers, and subsequent productivity gains in related sectors. This amplifies the impact of technological progress on overall economic growth.
In conclusion, both capital accumulation and technological progress play vital roles in a country's long-run economic growth. Capital accumulation increases production capacity and labor productivity, but its impact diminishes over time. Technological progress, on the other hand, drives sustained productivity growth, structural change, and spillover effects, enabling economies to achieve higher levels of growth and development.
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One way a partnership differs from a sole proprietorship is that it
Answer:
The most obvious difference between partnership and sole proprietorship is the number of owners the business has. "Sole" means one or only, and a sole proprietorship has only one owner: you. Conversely, it takes two or more to form a partnership, so this type of entity has at least two owners.
Answer:has owners with many different skill sets
An increase in government spending by $100 would, if the mpc = 0.90, result in an increase in real gdp by:____.
If the mpc = 0.90, a $100 increase in government spending would translate into a $100 gain in real GDP.
Gross domestic product (GDP):
Gross domestic product (GDP) is a monetary indicator of the total market value of all finished goods and services produced by nations during a specific time period. Due to its complexity and subjectivity, this metric must often be modified before it can be taken seriously as a predictor. Contrarily, GDP (nominal) per capita does not take into account variations in inflation and cost of living among nations; for this reason, utilising GDP per capita at purchasing power parity (PPP) may be more beneficial.
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How Socially Conscious Are You?
Which BCG matrix indicates that products with have high market share but low market growth?
The BCG matrix cell for products with high market share but low market growth is the "Cash Cow" quadrant.
The BCG matrix is a strategic management tool that helps analyze and categorize a company's product portfolio based on their market share and market growth rate. The "Cash Cow" quadrant represents products that have a high market share in a mature or slow-growth market. These products are considered cash cows because they generate consistent cash flows and profits for the company. They require less investment and can be used to support other products or business ventures. The focus in this quadrant is on maintaining market dominance and maximizing profitability rather than pursuing significant growth.
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Stocks and bonds are different in which primary way?
Answer:
Explanation:
One major difference between the bond and stock markets is that the stock market has central places or exchanges where stocks are bought and sold. The other key difference between the stock and bond market is the risk involved in investing in each
Mathew simultaneously sold a july 40 put on zxy stock for $200 and bought a july 35 put for $75. his maximum loss is ________ and his maximum gain is ________.
Mathew's maximum loss is the difference between the strike price of the sold put and the strike price of the bought put, minus the net premium received. In this case, the strike price of the sold put is $40, and the strike price of the bought put is $35.
The net premium received is the premium received from selling the put ($200) minus the premium paid for buying the put ($75), which equals $125. So, Mathew's maximum loss is ($40 - $35) - $125 = $5 - $125 = -$120.
Mathew's maximum gain is the net premium received, which is $125. Therefore, Mathew's maximum loss is -$120 and his maximum gain is $125.
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Erica's Country Furniture sells wooden chairs for $179.49. It buys the chairs from a craft shop for $87.49 each. Its overhead rate is 28%. What is the net profit rate for each chair?
Answer:
60.28%
Explanation:
The selling price per chair = $179.49
buying price per chair = $87.49
the overhead rate is 28%
Actual overheard = 28% x $87.49
=28/100 x 87.49
=0.28 x 87.49
=$24.4972
total cost price per chair = $87.49 + $24.4972
=$111.98
profit per chair
= $179.49 - $111.98
=67.51
Profitability rate = 67.51/111.98 x 100
=60.28%
Accounts payable decreased by $75,000 and accounts recelvable increased by $75,000. What will be the net result in terms of cash flow? Multiple Choice -Cash increased by 550,000
-Cash decreosed by $50,000 -Cashincteased by $150000
- Cash decreased by 5150.000
None of the provided answer choices match the correct result. The correct answer is that cash has increased by $75,000.
The net result in terms of cash flow can be calculated by considering the changes in both accounts payable and accounts receivable.
Accounts payable decreased by $75,000, which means that the company paid off some of its outstanding liabilities. This results in a decrease in cash outflow.
Accounts receivable increased by $75,000, indicating that the company collected more money from its customers. This results in an increase in cash inflow.
Therefore, the net result in terms of cash flow would be:
Cash increased by $75,000.
None of the provided answer choices match the correct result. The correct answer is that cash increased by $75,000.
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This week we look more closely at the systems theory and organizational structure. Organizations can be either flat or steep - and that's not referring to the building they are housed in? - A flat organization is one where there aren't many opportunities to move up - there's one manager over several positions, and there's not much above that person. - A steep organizational chart is one where there is a hierarchy. Your boss reports to someone who reports to someone, and there are a few more layers before the President of the company Food Service companies have that as well. IN A GENERAL SENSE... Sodexo is a 'steep' company, while Compass Canada and Marquise are much 'flatter'. Both have positives and negatives associated with their structure. What would you expect are these positives and negatives? What have you experienced?
Organizational structure refers to how an organization's activities are organized and coordinated. This involves management of activities and delegation of tasks to employees.
There are different types of organizational structures:
Flat organizations: Organizations with few or no levels of middle management between staff and executives. Generally, flat organizations have a wider span of control, with executives having a larger number of direct reports. This implies that employees are responsible for more duties, while executives may interact with employees more often.
Steep organizational charts: Organizations with many levels of middle management between staff and executives. Steep organizations have a narrow span of control, which means that executives have a smaller number of direct reports and are responsible for fewer tasks.
The benefits and drawbacks of flat and steep organizational charts are as follows:
Flat organizations have a number of advantages:
They promote teamwork and collaboration among employees and departments.
They provide employees with greater autonomy and responsibility, which can lead to increased job satisfaction.
They promote communication between executives and employees, which can lead to a better understanding of the organization's goals and objectives.
They can operate more efficiently and flexibly than hierarchical organizations because there are fewer layers of management.
Steep organizations have a number of advantages:
They promote specialization and expertise among employees, which can lead to higher productivity and quality.
They provide clear lines of authority and accountability, which can facilitate decision-making and reduce conflict.
They promote career development and opportunities for advancement, which can lead to increased motivation and loyalty.
They can be more effective than flat organizations in larger, more complex organizations because they require more formal coordination and control.
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1. What is the author trying to say in comparing Becky's world with Desta's world?
Help me
Answer:
The author is trying to say that the living standards of different classes of people depend on the economic choices they make and the economy of the nations they find themselves in.
Explanation:
The topic, "Mathematics and Economic Reasoning," began by comparing the world's of two girls namely Becky and Desta. Becky who lives in America has a good and comfortable living standard. Her father works at a good law firm where he earns well enough to cater for his family. He has some savings, insurance, two cars, and a partially mortgaged house.
Desta, on the other hand, lives in a poor village in Ethiopia where her family depend on farming to survive. They have no running water, electricity, adequate healthcare, enough food, etc. The author drew these comparisons to show that the environment a person finds himself can affect his economic standard of living.
what objects are necessary for the formation of shadows ?
Answer:
The following three things are required for a shadow to form:
a source of light.
an opaque object.
a screen or surface behind the object.
A railwya has an operating ratio of 78%. If uts operating revenue were for $ 4.6 B for 205what were its operating expenses
Answer:
Its operating expenses were $ 3.588 B
Explanation:
The operating ratio is the ratio of operating expense to the operating or revenue generated.
This ratio is used for comparison of results from the operations of various industries.
Given that the operating ratio of 78% and the operating revenue is $4.6B, the operating expense T may be computed as
78% = T/4.6 * 100%
T = 4.6 *.78
= $3.588 B
INSTRUCCIONES GENERALES: Conteste. 1. Payback period. Jordan Enterprises is considering a capital expenditure that requires an initial investment of $42,000 and returns after-tax credit inflows of $7,000 per year for 10 years. The firm has a maximum acceptable payback period of 8 years. (3 puntos) a. Determine the payback period for this project. b. Should the company accept the project? Why or why not? 2. NPV. Calculate the net present value (NPV) for the following 20 -year projects. Comment on the acceptability of each. Assume that the firm has an opportunity cost of 14%. (6 puntos) a. Initial investment is $10,000; cash inflows are $2,000 per year. b. Initial investment is $25,000; cash inflows are $3,000 per year. c. Initial investment is $30,000; cash inflows are $5,000 per year.
1. The payback period for this project is 6 years and the project should be accepted.
2. The net present value (NPV) for the given 20 -year projects are a. $7,027.20, b. $540.80, and c. $12,568.00. As NPV are positive, all these projects are acceptable.
1. a. The payback period for this project is calculated by dividing the initial investment by the annual cash inflow:
Payback period = Initial investment / Annual cash inflow
Payback period = $42,000 / $7,000
Payback period = 6 years
b. Yes, the company should accept the project because the payback period is less than the maximum acceptable payback period of 8 years.
2. a. For the first project, the net present value (NPV) is calculated as follows:
NPV = PV of cash inflows - Initial investment
PV of cash inflows = $2,000 * [(1 - (1 + 0.14)^-20) / 0.14]
PV of cash inflows = $2,000 * 8.5136
PV of cash inflows = $17,027.20
NPV = $17,027.20 - $10,000
NPV = $7,027.20
The NPV for the first project is positive, indicating that the project is acceptable.
b. For the second project, the NPV is calculated as follows:
PV of cash inflows = $3,000 * [(1 - (1 + 0.14)^-20) / 0.14]
PV of cash inflows = $3,000 * 8.5136
PV of cash inflows = $25,540.80
NPV = $25,540.80 - $25,000
NPV = $540.80
The NPV for the second project is also positive, indicating that the project is acceptable.
c. For the third project, the NPV is calculated as follows:
PV of cash inflows = $5,000 * [(1 - (1 + 0.14)^-20) / 0.14]
PV of cash inflows = $5,000 * 8.5136
PV of cash inflows = $42,568.00
NPV = $42,568.00 - $30,000
NPV = $12,568.00
The NPV for the third project is also positive, indicating that the project is acceptable.
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____ is the process of gathering, storing, accessing, and analyzing data about a company in order to make better business decisions.
Every process that has to do with gathering, storing accessing and analyzing data for a company to make business decisions is referred to as: Business Intelligence.
The business world is faced with many vagaries such as risks and uncertainties. Every business intends to minimize cost and maximize profits. In order to do this, wise and better decisions must be made daily.
For business decisions to be made, predictive views, data mining, process analysis, descriptive analytics, and performance benching are all business intelligence entails.
Therefore, every process that has to do with gathering, storing accessing and analyzing data for a company to make business decisions is referred to as: Business Intelligence.Learn more here:
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_____looks at the economic behavior of individual people and organizations in specific markets.
Microeconomics looks at the economic behavior of individual people and organizations in specific markets.
What is microeconomics?
The social science of microeconomics examines the effects of incentives and choices, particularly how they affect the allocation and use of resources. Microeconomics is a branch of classical economics that studies how individuals and organizations behave and interact while selecting how to allocate scarce resources. It is the study of resource allocation and usage decisions made by people and businesses. According to microeconomic theory, markets reach equilibrium when the supply of products balances the demand.
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A Bank with the following capital levels: common equity of 47,000, Tier 1 of 38,000, Tier 2 of 17,000. If total assets are 850,000 and risk adjusted assets are 650,000, the capital classification of the bank is
The capital classification of the bank would be "Adequately Capitalized" as its Tier 1 capital ratio.
To determine the capital classification of the bank, we need to compare its capital levels to the risk-adjusted assets. The capital classification is typically based on regulatory requirements and ratios set by the relevant financial authorities.
One common capital adequacy ratio used for classification is the Tier 1 capital ratio.
The Tier 1 capital ratio is calculated by dividing Tier 1 capital (including common equity) by risk-adjusted assets. Let's calculate the Tier 1 capital ratio:
Tier 1 capital ratio = (Tier 1 capital / Risk-adjusted assets) * 100
In this case:
Tier 1 capital = 38,000
Risk-adjusted assets = 650,000
Tier 1 capital ratio = (38,000 / 650,000) * 100
= 5.846%
Now, let's determine the capital classification based on the Tier 1 capital ratio:
Well-Capitalized: Tier 1 capital ratio ≥ 6%
Since the calculated Tier 1 capital ratio is 5.846%, it does not meet the well-capitalized threshold.
Adequately Capitalized: Tier 1 capital ratio ≥ 4%
The calculated Tier 1 capital ratio is above the adequately capitalized threshold, which is 4%.
Undercapitalized: Tier 1 capital ratio < 4%
Since the calculated Tier 1 capital ratio is above 4%, the bank is not classified as undercapitalized.
Therefore, based on the given information, the capital classification of the bank would be "Adequately Capitalized" as its Tier 1 capital ratio exceeds the minimum regulatory requirement of 4%.
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What kind of a credit card can customers with a bad credit history get?
A. One that has a low cash advance fee
B. One with a low annual percentage rate
C. One that's secured by collateral
D. One with no annual fee
Answer:
it’s c
Explanation:
just took the test
A supererogatory act is an act that is beyond the call of duty.
True
False
A great alternative to a four-year college—and one that could save you a bunch of money—would be to go _____.
A community college would be a fantastic substitute for a four-year institution of higher learning and one that may help you save a ton of money.
Is a portion of the loan fee imposed to defray the expense of providing the loan?You pay a fee for borrowing money that is calculated as a percentage of the loan amount. You are obligated to pay this recurring fee in addition to the principal. Always noted in the promissory note is the interest rate.
What are higher education's hidden costs?When creating a college budget, students must take other expenses into consideration. Textbooks, transportation, and club dues are a few examples of hidden costs. Students' spending is also influenced by their involvement in Greek life and where they live off campus.
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What economic event began in 2007?
the Great Recession
O the Reconstruction
the Progressive Era
the Great Depression
Answer:
The Great Recession
Explanation:
The Great Recession began in December 2007 and ended in June 2009, which makes it the longest recession since World War II. Beyond its duration, the Great Recession was notably severe in several respects. Real gross domestic product (GDP) fell 4.3 percent from its peak in 2007Q4 to its trough in 2009Q2, the largest decline in the postwar era (based on data as of October 2013). The unemployment rate, which was 5 percent in December 2007, rose to 9.5 percent in June 2009, and peaked at 10 percent in October 2009. (Robert Rich, federalreservehistory.org)
A US based company is attempting to merge with a French National conglomerate. With IFRS and GAAP being so different, what would be some of the challenges the two sides may face with the merger from an accounting standpoint?
The merger between a US-based company and a French National conglomerate can pose several challenges from an accounting standpoint due to the differences between International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). Some of the challenges they may face include:
Accounting Principles: IFRS and GAAP have different underlying principles and concepts. IFRS is principles-based, emphasizing substance over form, while GAAP is rules-based, providing specific guidelines for various transactions. The differences in accounting principles can lead to variations in the recognition, measurement, and presentation of financial information.
Financial Statement Presentation: IFRS and GAAP have different requirements for financial statement presentation. The formats and classifications of items on the balance sheet, income statement, and cash flow statement may vary between the two sets of standards. This can make the comparison and consolidation of financial statements challenging.
Revenue Recognition: IFRS and GAAP have differing guidance on revenue recognition, particularly in areas such as the timing of revenue recognition, multiple-element arrangements, and percentage-of-completion method for long-term contracts. Aligning the revenue recognition policies of the merging entities can be a complex task.
Valuation of Assets and Liabilities: IFRS and GAAP may have different rules for the valuation of assets and liabilities, such as inventory, property, plant, and equipment, intangible assets, and financial instruments. Differences in valuation methodologies can impact the reported values of assets and liabilities, which can have implications for financial ratios, financial performance, and tax implications.
Business Combinations and Goodwill: IFRS and GAAP have different requirements for accounting for business combinations and the subsequent treatment of goodwill. For example, IFRS allows for the option of measuring goodwill at cost or using the impairment model, while GAAP follows a more strict impairment-only model. This can result in differences in the recognition and measurement of goodwill and the related impact on financial statements.
Disclosures: IFRS and GAAP have varying disclosure requirements, with differences in the level of detail and specific disclosures mandated for certain transactions and events. Harmonizing the disclosure requirements can be a complex task to ensure compliance with both sets of standards.
These are just a few examples of the challenges that may arise during the merger process from an accounting standpoint. It is crucial for the merging entities to have a thorough understanding of the differences between IFRS and GAAP and work closely with accounting professionals and advisors to address these challenges effectively and ensure accurate financial reporting and compliance with relevant regulations.
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What sources do you think you can find online? Check all that apply.
novels
encyclopedias
newspaper articles
research papers
written opinions on books and movies
Answer:
I think it's written opinions on book and movies ^^
Updated peer-to-peer journals, web pages, forums and blogs are also online resources. Other names for online sources are electronic sources, web resources and online sources.
What is online information?Internet Information means any information resources we may make available online, including news, stock exchange quotes, and information about events or third parties.
Therefore, sources do you think you can find online are encyclopedias, newspaper articles,research papers,written opinions on books and movies.
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Kasravi co. Had net income for 2013 of shs 400,000.The average number of shares outstanding for the period was 200,000 shares
Answer:
$1.98
Explanation:
Calculation for should Kasravi Co. report for diluted earnings per share for the year ended 2013
First step is to calculate the Proceeds amount
Proceeds = 12000 × $30
Proceeds = $36,000
Second step is to calculate the Shares assumed purchased
Shares assumed purchased= ($36,000 ÷ $36)
Shares assumed purchased = 10000 shares.
Third step is to calculate the Incremental share issued
Incremental share issued (12000 - 10000)
Incremental share issued = 2000 shares
Now let calculate the diluted earnings per share for the year ended 2013 using this formula
Diluted earnings per share = (Net income ÷ Average Weighted shares + incremental share issued))
Let plug in the formula
Diluted earnings per share = ($400,000 ÷ (200,000 shares +2000 shares))
Diluted earnings per share= $400,000 ÷ 202,000 shares
Diluted earnings per share= $1.98
Therefore The amount that Kasravi Co. Should report for diluted earnings per share for the year ended 2013 is $1.98
Keri is making doll clothes for a holiday craft show. the wholesale cost of the materials for one outfit is $9.38. if she sells an outfit for $15, what is the percent of markup? round to the nearest percent.
The percent of markup is calculated by dividing the selling price by the cost of the materials:
Markup % = (Selling Price / Cost of Materials) x 100
Rounded to the nearest percent, the markup is 60%.
The percent of markup for Keri's doll clothes can be calculated by using the formula:
Markup Percent = [(Selling Price - Wholesale Cost) / Wholesale Cost] × 100
First, we need to find the difference between the selling price and the wholesale cost:
$15 - $9.38 = $5.62
Next, we need to divide this difference by the wholesale cost:
$5.62 / $9.38 = 0.599
Finally, we need to multiply this number by 100 to get the percent of markup:
0.599 × 100 = 59.9%
Rounding to the nearest percent, the markup percent for Keri's doll clothes is 60%.
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wth fill in the blanks
Bankruptcy
Cash
Check
Credit
Debit
Debt
Foreclosure
Expenditures
Credit Card
Debit Card
Impulse Buying
Long-Term Goals
Needs
Short-Term Goals
Wants
Budget
Discretionary Income
Fixed Expenses
Variable Expenses
Scarcity
(not all the words are being used)
1. The amount of financial trust extended to a person or a business by a lender; a loan.
2. Money owed.
3. A legal process that gives a debtor protection from creditors.
4. Goods or services that make people more comfortable or content but which are not necessary for survival.
5. Goods or services that people cannot survive without, such as water, food, shelter, and clothing.
6. Money that is spent on goods, services, and bills.
7. A purchase based on an immediate want or due to the pressure of advertising.
8. Plans that take a year or more to accomplish.
9. Plans that can be accomplished within three months to a year.
10. A record of income and spending and a plan for managing money.
11. Money available to spend on goods and services that are not essential.
12. The economic condition of limited resources that prevents people from having everything they want.
13. Expenses that do not change from month to month, such as auto insurance or rent.
Answer:
1. Credit 2. Debt 3. Bankruptcy 4. Wants 5. Needs 6. Cash 7. Impulse Buying 8. Long-term goals 9. Short-term goals 10. Budget 11. Discretionary income 12. Scarcity 13. Fixed Expenses
Explanation: