________ is the art and science of choosing target markets and building profitable relationships with them.

Cage Corporation has current liabilities of $415,000, a quick ratio of .86, inventory turnover of 10.3, and a current ratio of 1.34. $2,051,760 is the cost of goods sold for the company.

1. Current ratio = Current  assets/ Current liabilities

1.34  = Current assets / $415,000

Current assets = 1.34 x $415,000

Current assets = $556,100

2. Quick ratio=  (Current assets - Inventory) / Current liabilities      

0.86  = ($556,100 - Inventory)/ $415,000

0.86 x $415,000 = $556,100 - Inventory

$356,900 = $556,100- Inventory

Inventory  = $556,100 - $356,900

Inventory  = $199,200

3. Inventory turnover =   Cost of good sold/Inventory            

10.3 = Cost of goods sold /   $199,200

Cost of goods sold = 10.3 x $199,200

Cost of goods sold = $2,051,760

The current ratio formula, which includes current ratio and current assets with the exception of current assets, must be used in the first occurrence. Therefore, the formula is changed to include current asset.

In the second instance, if all current assets, liabilities, and the quick ratio were known except for the inventory, we will use the quick ratio formula. Inventory is the formula's new focus.

Finally, we will use the formula for inventory turnover, which takes into account cost of goods sold and assumes that inventory and inventory turnover are known quantities.

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The price of a notebook is $7, while the price of a t-shirt is $12, during a student government fundraiser. If 60 products were sold for a total of $540, 36 notebooks were sold.

A sale is a transaction in which commodities or services are exchanged for cash along with additional considerations. In other words, a sale is any action that involves giving the buyer ownership of a product in exchange for cash.

Sales refer to any transactions where money or value is exchanged for the right to own a good or access to a service, as utilised in regular company operations. In the context of accounting, sales refer to the revenue a business generates from the sale of goods or services (net sales).

Your sales team can complete a sales cycle by adhering to a series of critical steps known as a sales process.

Let x represent the quantity of sold notebooks and y represent the quantity of sold t-shirts. The following equations are then present:

x + y = 60  I ( i )

7x + 12y = 540 (ii)

Using the elimination procedure, we can find the values of x and y.

In order to remove x, we can multiply the first equation, x+ y =60, by -7and then add it to the second equation:

-7x - 7y = - 420

7x + 12y =  540

——————————-

0x +5y = 120

Next, multiply both sides by 6 to obtain y:

y = 120/ 5

y = 24

In order to obtain x, we can now enter y = 10 into the first equation:

x +24 =60

x = 60- 24

x = 36

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Supplier power analysis is not a part of internal analysis that produces a competitive advantage.

A trait that enables a corporation to outperform its competitors is known as a competitive advantage. Competitive advantages include access to natural resources like high-grade ores or a cheap supply of energy, highly skilled labor, a strategic location, high entry barriers, and access to cutting-edge technologies and proprietary information. Competitive advantage is the advantage a business has over its rivals. This can be done by giving them better and more valuable things. Advertising products or services with lower prices or higher quality piques consumer interest. This is the rationale behind why customers choose one brand of product or service over an alternative. To grasp competitive advantage, one must comprehend value proposition.

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The concept mentioned is Economizing. It means trying to save money by reducing the amount that you are spending.

The process of deciding which goods and services to buy or to get the most satisfaction is called Economizing. You must maximize the value of your wealth.

Caring for the environment means you stop complaining about what you don't have and start making the most of what you have. Savings are a huge benefit as people think about where they can save on costs and most unnecessary expenses are eliminated in a way they wouldn't otherwise have.

So as you make decisions, you can see how it helps people sort through the mess that has been created everywhere in front of them. Resource conservation means using resources in such a way that the maximum return per unit of use is achieved.

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Canada is the top foreign provider of natural gas and crude oil to the United States, accounting for 25% of all oil imports. In summary, this energy partnership has improved American energy security and given Canada a consistent market for its energy exports.

As a result of trade's encouragement of specialization, innovation, and large-scale growth to serve international markets, enterprises become more productive, which raises worker pay and boosts Canada's economy. The eventual outcome is a rise in living standards.

By cutting import costs and maintaining low prices for imports' alternatives, trade liberalization benefits the poor in the same manner it benefits the majority of other people. This increases people's real incomes.

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Under capitalism, most means of production are privately owned, and production is controlled and income is distributed primarily through the operation of markets.

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You would have had 500 shares before the three-for-one stock split.

A stock split occurs when a company increases the number of shares outstanding by issuing more shares to current shareholders. In a

three-for-one stock split, for every one share a shareholder owns, they will receive two additional shares. This results in a tripling of the number of shares outstanding and a corresponding reduction in the per-share price of the stock. In the scenario provided, it is stated that you will wind up with 1,500 shares after the split. To determine the number of shares you had before the split, you can divide the number of shares you will have after the split by the split ratio. In this case, the split ratio is 3-for-1, so to find the number of shares before the split, you divide 1,500 by 3 which is equal to 500 shares.

It's worth noting that stock split doesn't change the underlying value of the company, the market capitalization of a company will remain the same before and after a split. Also, stock split is generally used by companies whose stock is trading at a high price per share, to make it more accessible to a larger number of investors.

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The conundrum of limited resources and insatiable wants is the core issue in economics. Additionally, economics has demonstrated that  man's requirements cannot be met. As more of our requirements are met over time, we gradually create greater wants.

The social science of economics deals with the creation, exchange, and consumption of products and services. Economics is the study of how economies work as well as the behavior and interactions of economic actors. The study of microeconomics focuses on what are thought to be the fundamental components of the economy, such as the interactions that result from market and agent activity. Individual agents can represent a variety of clients, including homes, companies, buyers, and sellers. The study of the economy as a coexisting system of production, consumption, saving, and investment is known as macroeconomics. Additionally, it looks at the elements that have an impact on this system, including the use of labor, capital, and natural resources, currency inflation, economic expansion, and public policies .

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Answer: Economy system  is important for many areas of society. It can help improve living standards and make society a better place.

In a communist society, the economy is centrally planned and controlled by a single party, usually the communist party. This party decides what is produced, how much is produced, where it is produced and how it is distributed.

All economic decisions are made in accordance with the overall goals and objectives of the Communist Party. The party is responsible for setting goals for production, what resources will be used, and how products will be distributed. The party also sets standards for quality, safety and environmental protection. As the sole controller of the economy, the Communist Party has the power to decide how resources will be allocated to various sectors and how much wealth should be redistributed to help the needy.

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The amount carl will have after 15 years time in his account after saving $400 every month into a savings account that earns 8%. is $158400

P= 400×12 = 4800, 4800 × 15 = 72000, R = 8%, T= 15, 72000×8×15= 8640000÷100= 86,400, 72000+86,400 = 158400 An ownership banking account kept at a financial institution such as a bank is referred to as a savings account. Despite the relatively low lending rates offered by these accounts, their security and dependability make them a fantastic choice for keeping money on hand for urgent needs. Although there are some restrictions on how frequently you can rescind money from a savings account, overall they provide exceptional flexibility that makes them perfect for creating a reserve fund, saving for an immediate need

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In economics, jelly would be considered an economic good. Economic goods are items that are rare and have a price associated with them. This means that jelly would be an item that people are willing to pay to get access to because it is a desirable item.

Jelly can also be considered a commodity, which is an item produced for consumer needs and traded on the market. The demand for jelly is influenced by its price, availability and quality. For example, if the price of jelly were to increase, it is likely that the demand for it would decrease and vice versa. Peanut butter and jelly sandwiches are an example of how economics can be applied to everyday things.

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Bondholders get set semi-annual interest payments from the issuers for the previous 6-month period. The transfer of interest accrued by buyer to seller guarantees that each one receive the appropriate amount of interest

The fee you spend to borrow the money or the fee you demand to lend money is called interest. The most common way to represent interest is as a yearly percentage of the loan amount. The rate of interest on the loan is this proportion.

Motives Why Paying Interest There are several significant reasons why lenders require borrowers to pay interest. First off, when people borrow money, they are no longer able to utilise it to pay for their own purchases.

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She should probe her financial responsibility by asking these questions: Can I use the my old vehicles a little bit longer or do I really need this one? , Is this a dependable car?

For a variety of reasons, adopting responsible in your social life is essential. Your credit score will go up, you'll purchase a condo, and you'll have an emergency fund in tact if you have good money management abilities. You can use it to escape a job you despise or set aside money for things you want.

Financial Responsibility Law: What Is It? Financial responsibility laws, which are frequently related to vehicles, demand that a person or organization demonstrate their ability to pay for accident-related damages.

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Cons of a Mixed Economy :: 1. Less Predictability: It can be difficult to predict the direction of a mixed economy, since both the public and private sector are involved in making decisions.

2. Inequality: The private sector may produce more wealth, leading to increased inequality and social unrest.

3. Limited Government Control: Government intervention in a mixed economy is limited, which may lead to an inefficient allocation of resources.

4. Market Failure: The private sector may not always act in the best interest of the public, leading to market failure and economic instability.

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Answer: The correct answer is B (Rent Expense)

Explanation:

At the end of every financial year, closing entries are passed for all expenses and income account. Other accounts including account of assets and liabilities are to be carried over to the next year. Hence they will not have an ending balance.

Rent expense is an interest account where income or expense will not contain any balance as all the nominal account are transferred to the trading and manufacturing account by passing the closing entries.

Answer:

A. An elastic demand is the answer.

Explanation:

A) Meg Whitman, the former CEO of HP, stated that her focus on building a successful track record helped her establish credibility early on and demonstrate competence.

A method for assessing your communications is the FAIR test. It enables you to evaluate how effectively you have presented the facts; how effectively you have granted access to your reasons, logic, and data; how thoroughly you have investigated effects on stakeholders; and how respectfully you have behaved.

You might ask your employees to sign an employee confidentiality agreement to prevent them from disclosing confidential information that could put your company's reputation at risk. Employee confidentiality agreements are used by businesses to safeguard innovative concepts, efficient procedures, distinctive goods, and customer data.

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The feed contains at least 95% organic ingredients. Surplus unsold food grown and raised on US farms will be used to provide supplies.

Major US exports are grains/feed, soybeans, livestock and horticultural products. American consumers want a safe, diverse and plentiful supply of food that is affordable and available year-round.

To meet these consumer needs, the United States imports approximately 15% of its total food supply. Pesticides, fertilizers, and other toxic pesticides can contaminate freshwater, marine ecosystems, air, and soil.

Raw milk contains Campylobacter, Cryptosporidium, Escherichia coli, Listeria, Brucella, and Salmonella. The main imports in 2022 are consumer goods (27%), capital goods (26%), industrial goods (25%), automobiles, parts and motors (12%), food, feed and beverages (6%) follows. ).

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In a pure command economy, there is no personal sector, as the central government owns or controls all business.

In a command economy, government officials set countrywide economic priorities, such as how and when to generate economic growth, how to allocate resources, and how to distribute the output.

The three fundamental kinds of financial systems are traditional, command, and market. Traditional financial system is based on customs and beliefs.

Command economy has government leaders controlling elements of production. Market authorities has humans making decisions themselves. .

Points on the PPF show all the combinations of two goods that can

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Amy has been looking for similar employment for a year, but no employer seemed to be considering her expertise in aircraft design. Mollie kind of unemployment is Amy experiencing.

According to the OECD, unemployment refers to adults above a specific age who are currently seeking employment but are not employed or working for themselves during the reference period. The unemployment rate, which is used to determine the degree of unemployment, is calculated using the number of unemployed people as a percentage of the labor force. The state of the economy, which can be impacted by a recession, the competition brought on by globalization and international trade, government policies, regulations, and the market are just a few of the factors that contribute to unemployment. A country's fiscal policy, for example, can have an impact on unemployment and the status of the economy.

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The distinction between undecidable and unsolvable is that an unsolvable problem is one for which no algorithm has ever been created to provide a solution

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A sizable cleaning equipment facility run by Obed. He just asked for advice on how to make sure the atmosphere at his institution is positive. What advice would you give Obed.

Organizational culture refers to a company's beliefs, goals, and attitudes as well as how they influence how its employees behave. The corporate culture of a company affects how customers or suppliers engage with that company.

Whether a for-profit or nonprofit corporation, the structure, ideals, psychology, and sociology of the organization are all included in the concept of organizational culture. Philosophy, beliefs, expectations, and experiences are only a few components of company culture.

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A brand's identity is strengthened and consumer loyalty is increased through brand advertising, which is a type of advertising intended to raise awareness for a brand, a product, or a service.

These are the four key brand elements that you must take into consideration while creating your brand strategy. Strong brand identities, images, cultures, and personalities are necessary for a successful brand. While branding determines the tone and focus of advertising campaigns, advertising can increase brand recognition. In addition to boosting advertising efforts, marketing can control brand accountability and support a brand's reputation.

By establishing relationships with your audience, you can eventually convert them into devoted consumers. You can distinguish your company from rivals who aren't taking advantage of this by building a brand that people genuinely care about. Consistency, Clarity, and Character are the three Cs of brand messaging. Personal branding typically takes place in settings where individuals connect, whether they are prominent personalities or not, such as on social networking sites or at business gatherings.

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With a credit score of 800 one is likely to be approved for additional credit lines, such as personal loans, mortgages, and auto loans.

Excellent: 800–850

Very Good: 740–799

Good: 670–739

Fair: 580–669

Poor: 300–579

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Answer:

In most societies, resources are allocated by

D. The combined actions of millions of households and firms.

Explanation:

In most societies, resources are allocated by

a.  a single central planner.

b.  a small number of central planners.

c.  those firms that use resources to provide goods and services.

d.  the combined actions of millions of households and firms.

I hope this finds you well!!!

In most societies, resources are allocated by the combined actions of millions of households and firms. The last option is the correct answer.

The process of identifying all available resources for a project, whether labor or monetary and strategically assigning them to tasks that allow them to do their best work is known as resource allocation.

To avoid staff burnout, effective resource allocation should ensure that work is distributed fairly across all resources. Effective resource allocation should empower teams by ensuring that resources have the requisite skills, knowledge, and training to fulfill assigned tasks.

Therefore, the combined actions of millions of households and firms result in resource allocation in most societies.

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Faye sometimes borrows money from her broker in order to buy her stock. She is said to be buying on margin.

Margin tends to refer to the amount of the equity which an investor has in their own brokerage account. So, in order "to margin" or "buying on margin" refers to the use of the money which are being borrowed from a broker in order to purchase securities.

However, to do so you must have a margin account, rather than a standard brokerage account. So, here Faye sometimes borrows money on margin from her broker in order to purchase her stock.  

Hence, option C is correct.

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Doing a SWOT analysis and a competitive strength assessment is central to the task of identifying the strategy-related issues and problems that ment the front-burner attention of company managers.

What does SWOT analysis mean?

It is a strategic planning tool used to assess an organization's internal and external environment. It can help organizations identify and analyze their strengths, weaknesses, opportunities, and threats to aid in the development of future plans and strategies.The goal of a SWOT analysis is to gain insight into an organization's competitive position in the marketplace and to help guide decision-making. It can also be used to evaluate competitors and identify external factors that could affect a business.

What is a Company manager?

A company manager is a person who is responsible for overseeing the day-to-day operations of a business or organization. They are responsible for setting goals, developing strategies, monitoring progress, and ensuring that employees and other stakeholders are meeting the organization’s objectives. The manager must also be able to handle difficult situations, such as employee conflicts or customer complaints, and make sure that the company is running efficiently and effectively.

Therfore the correct option is A. Doing a SWOT analysis and a competitive strength .

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Raw material, piece-rate labor, production supplies, and commissions, are 4 examples of variable expenses.

A variable expense is a commercial expenditure that changes in proportion to how extensively a company produces or sells. malleable costs increase or drop turning on a company's product or deal volume — they uprise as the product raises and stumble as the product diminishments.

Prototypes of variable expenses include a manufacturing company's costs of raw accouterments and packaging — or a retail company's credit card sale freights or shipping charges, which rise or fall with deals. A variable cost can be varied from a fixed cost. A variable cost is an expenditure that changes in harmony with product affairs or deals.

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Demographic targeting strategy  should be used in the Scenario where your business wants to advertise to a local audience

Demographic targeting is a type of behavioural advertising in which marketers target consumers with internet ads based on their demographics. They are able to do this by creating demographic features of consumers utilising data that already exists from sources like browser history, prior searches, and data provided by the customers themselves. Marketers can identify which sectors or subgroups of the population appear to exist by using demographic targeting. It gives firms the capacity to crystallise their understanding of the circumstances and traits that characterise a typical component within one of those different market segments.

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