Pinkney's Inc. had income before income tax of $164,900 last quarter and a 34% tax rate. The company's net income is $108,834.
Pinkney’s Inc. had income before income tax of $164,900 last quarter and a 34% tax rate.
To calculate the net income of the company we need to use the formula for Net Income as follows;
Net Income = Income before tax - Tax rate x Income before tax
Now, plugging in the values given we get,
Net Income = $164,900 - 34% x $164,900
Net Income = $164,900 - 0.34 x $164,900
Net Income = $164,900 - $56,066.
Now solving this we get,
Net Income = $108,834
Therefore, the company's net income is $108,834.
The correct option is $108,834.
For more such questions on net income , Visit:
https://brainly.com/question/28390284
#SPJ11
The Riteway Ad Agency provides cars for its sales staff. In the past, the company has always purchased its cars from a dealer and then sold the cars after three years of use. The company’s present fleet of cars is three years old and will be sold very shortly. To provide a replacement fleet, the company is considering two alternatives:
Purchase alternative: The company can purchase the cars, as in the past, and sell the cars after three years of use. Ten cars will be needed, which can be purchased at a discounted price of $20,000 each. If this alternative is accepted, the following costs will be incurred on the fleet as a whole:
Annual cost of servicing, taxes, and licensing $ 5,300
Repairs, first year $ 3,200
Repairs, second year $ 5,700
Repairs, third year $ 7,700
At the end of three years, the fleet could be sold for one-half of the original purchase price.
Lease alternative: The company can lease the cars under a three-year lease contract. The lease cost would be $72,000 per year (the first payment due at the end of Year 1). As part of this lease cost, the owner would provide all servicing and repairs, license the cars, and pay all the taxes. Riteway would be required to make a $16,000 security deposit at the beginning of the lease period, which would be refunded when the cars were returned to the owner at the end of the lease contract.
Riteway Ad Agency’s required rate of return is 16%.
Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using tables. (Use the tables to get your discount factors. The linked tables are the same tables as the ones in your course packet. If you calculate discount factors using Excel or a financial calculator, your answer may be different enough due to rounding that the system will mark it wrong.)
Required:
1. What is the net present value of the cash flows associated with the purchase alternative?
2. What is the net present value of the cash flows associated with the lease alternative?
3. Which alternative should the company accept?
The lease option has a present value of $123,499. The purchase option has a present value of $123,499 using the total cost approach. Acceptance would be given to the lease option.
How does present value work?The sum of discounted cash flows is the present value. It is the present value of a cash flow. A financial calculator would be used to figure out the present value.
Cash flow from the purchase alternatives: Cash flow in year 0 = $17,000 x 10 = $170,000 Cash flow in year 1 = $-3000 - $1500 = $-4500 Cash flow in year 2 = $3000 - $4000 = $7000 Cash flow in year 3 = $3000 - $6000 - ($170,000 / 2) = $-76,000 .
Cash flow from the lease alternative:
Cash flow in year 0 = $10,000
Cash flow in year 1 = $55,000
Cash flow in year 2 = $55,000
Cash flow in year 3 = $55,000- $10,000 = $45,000
Discount rate = 18%
Present value = $123,499
To learn more about Present value visit :
https://brainly.com/question/17322936
#SPJ1
true/false. when a client tries to set goals based on faulty information about the self, the helper may best apply skills to encourage more realistic goals.
The given statement "When a client tries to set goals based on faulty information about the self, the helper may best apply skills to encourage more realistic goals" is true because helpers can use different skills to encourage more realistic goals such as; Actively Listen to the client to recognize and clarify the client's current goals and expectations.
To ensure that the client's goals are realistic, be clear on their current goals and compare them to their current status. Clarifying the client's goals and providing realistic alternatives may assist them in obtaining a more precise understanding of what they want and how to get there.
Motivate the client to break down their goals into smaller, achievable objectives. Encourage clients to identify and achieve more achievable and shorter-term goals that are in line with their long-term goals. It helps clients who are overwhelmed by more significant goals stay motivated and focused on more attainable objectives.
Assist the client in building their self-esteem. Clients with high self-esteem tend to set more realistic objectives. Low self-esteem can make it difficult for clients to recognize their potential and set achievable objectives.
Helpers should engage clients in activities that boost their self-esteem and help them achieve their goals by recognizing and praising their successes.
For such more question on information:
https://brainly.com/question/27968241
#SPJ11
Select each of the following terms with the appropriate attributes. No reply is used more than once.5.Material weakness
6.|Risk assessment procedures
7. Significant deficiency
8.Suitable criteria
9. Tests of controls
GAAP
10. Walk-through
Creates a reasonable possibility a material misstatement will not be detected.
Follow a transaction through the system.
GAAS
Inquire, inspect, observe, reperform
Inquiries, analytical procedures, observation
Likelihood auditor's procedures will not detect a material misstatement
Merits attention, less than a material weakness
Relevant assertions
Reporting on internal control and financial statements
Risk tolerance of a financial statement user
Tests of controls and planning
User auditor
The below followings are the suitable match with the appropriate attributes related to business perspective-
5. Material weakness - Merits attention, creates a reasonable possibility a material misstatement will not be detected.
6. Risk assessment procedures - Risk tolerance of a financial statement user, relevant assertions, GAAS.
7. Major weakness: Deserves attention but is not as serious as a material weakness.
8. Suitable criteria - Reporting on internal control and financial statements.
9. Tests of controls - Inquiries, inspection, observation, reperformance, likelihood auditor's procedures will not detect a material misstatement, GAAS.
GAAP - Reporting on internal control and financial statements. GAAP (Generally Accepted Accounting Principles) is a set of accounting standards used in the preparation of financial statements that are intended to be used by external stakeholders, such as investors and creditors.
10. Walk-through - Follow a transaction through the system.
Learn more about “ attributes “ visit here;
https://brainly.com/question/13793201
#SPJ4
Explain why after 12 years of schooling, a large number of young people are
not qualified to find a job.
Answer:
Many teenagers have a hard time finding their very first job for the same reason that they want it, they have never had one before. Their lack of experience can put off a lot of employers and make it very difficult for them to get hired.
Explanation:
when professionals with hub mvss listen to business presentations, they respond best to which of the following
Option a and b: Professionals with hub MVSS respond to business presentations most effectively when language that presents several options and Presentations that hold clear business logic.
Most of the time, the purpose of a business presentation is to convey a specific idea or message, or sell a service or product. This means that presentations for business organizations focus on a single goal or key message. Scientific lectures are given to impart knowledge on specific topics.
Elevator pitches are short, educational, and incredibly adaptable presentations commonly used in business. In the business world, sometimes you just have time to pitch your idea and convince potential investors while you're in the elevator.
To know more about business presentations, here:
https://brainly.com/question/30177401
#SPJ4
Complete question:
When professionals with hub mvss listen to business presentations, they respond best to which of the following?
Presentations that hold clear business logic
Language that presents several options
Language that presents one option
true/false. some governments initiate restrictive standards that detail exactly how a product must be sold in a country. trade experts call these restrictions
In the following question, among the given options, the statement is said to be True. Some governments initiate restrictive standards that detail exactly how a product must be sold in a country. Trade experts call these restrictions.
A restrictive standard is a regulation that restricts the use of, performance, or features of a product or service that deviates from a certain specification or standard, and that is intended to provide a specific degree of protection. Regulatory agencies, such as the International Standards Organization, frequently establish restrictive standards.
To limit the importation of foreign goods, some governments have implemented restrictive standards. A country's environmental laws,
for example, may mandate specific labeling for certain products or restrict the importation of products that do not meet specific environmental standards. Restrictive standards can also be used to promote local industries or to protect consumers by ensuring that products imported into the country meet specific safety or quality requirements.
For more such questions on restrictive standards
brainly.com/question/30589321
#SPJ11
What is a start-up? What factors are most important?
The team is arguably the most important factor in the success of any startup (my dad experienced it a few years ago, doing his startup business). You can have a great idea, plenty of capital and a good business plan, but if you don't have the right team in place to make it all come together, nothing will happen.
given the corproate and product level reporting timelines, which eu taxonomony objectie does the product level reproting help companies achieve
The purpose of harmonising financial statements under the EU Taxonomy is achieved with the use of product level reporting. It offers comprehensive and consistent information, enhancing comparability.
What is the timetable for the EU taxonomy goals?An outline of deadlines for the EU taxonomy timeline 2022 was created by a team of technical experts from the European Commission. The objective is to attract more money to finance green operations and to give business and investment organisations clarity about green initiatives.
What goals does the EU taxonomy seek to achieve?Companies, investors, and regulators would have access to proper definitions of whether economic activities qualify as ecologically sustainable thanks to the EU taxonomy.
To know more about financial visit:-
https://brainly.com/question/29641948
#SPJ1
Question:
Given the corporate and product level reporting timelines in the EU Taxonomy, which objective does the product level reporting help companies achieve?
Smiley Corporation's current sales and partial balance sheet are shown below.
Sales are expected to grow by 10% next year. Assuming no change in operations from this year to next year, what are the projected spontaneous liabilities?
The projected spontaneous liabilities are calculated as follows: (accounts payable minus accounts receivable) x (a 100%+% increase in sales) x 112% = $3024.
What Are Spontaneous Liabilities?A company's obligations that are accumulated automatically as a result of its day-to-day operations are referred to as spontaneous liabilities. A company's cost of goods sold (or cost of sales), or production costs, typically rise in tandem with an increase in spontaneous liabilities. The cost of a factory building, for example, is a fixed cost that does not fluctuate with sales volume and is therefore not a liability that arises spontaneously.
Due to changes in sales activity, spontaneous liabilities are referred to as "spontaneous." To put it another way, the company does not directly control spontaneous liabilities; rather, sales or production volumes do so.
Short-term debt obligations to suppliers and creditors are known as accounts payable.
To learn more about Liabilities visit :
https://brainly.com/question/28205802
#SPJ1
In which stage of the PLC will promotional expenditures be especially high in an attempt to create consumer awareness?
a. adoption
b. product development
c. growth
d. maturity
e. introduction
Promotional expenditures will be especially high in an attempt to create consumer awareness during the E. Introduction stage of the PLC.
The Product Life Cycle (PLC) is a theoretical concept that defines the life cycle of a product, from its inception to its withdrawal. Marketers must understand this cycle in order to ensure that their products are marketed effectively and that they remain competitive. The Product Life Cycle (PLC) is a process that is divided into several phases, each of which corresponds to a distinct stage of the product's life. Introduction, Growth, Maturity, and Decline are the four stages in the Product Life Cycle (PLC).
During the Introduction stage of the PLC, promotional expenditures will be especially high in an attempt to create consumer awareness. The introduction stage of the product life cycle begins when a new product is launched in the market. This stage is characterized by low sales volumes, which may not cover the product's production and advertising expenses. The company must promote the product in order to create awareness and encourage demand for the product.
The company must invest a significant amount of money in advertising and marketing during this stage in order to make consumers aware of the new product. The goal of this phase is to create a strong foundation for the product's future growth. The product's sales are gradually increasing in this stage. Therefore the correct option is E. Introduction.
Know more about Product life cycle here:
https://brainly.com/question/29099285
#SPJ11
SynXis Property Hub is
Choose all that apply, and then select Submit.
A) A fully cloud based system.
B) Compatible with most devices.
C) Seamlessly integrated with SynXis CR.
D) Only compatible with Windows 7 workstations.
SUBMIT
4
A, B and C all are applicable except (D) Only compatible with Windows 7 workstations.
Reason -This statement is incorrect. SynXis Property Hub is compatible with a wide range of workstations and is not limited to Windows 7 only.
What is SynXis Property Hub -SynXis Property Hub is set to revolutionize the day-to-day operations of hotel properties by leveraging unique integrations across the SynXis platform, including the SynXis Central Reservation (CR) system that helps eliminate discrepancies in booking dates. A property management solution designed for you. Available in eight languages, SynXis CR enables you to execute unique, fine-tuned sales strategies that support your business objectives.
To know more about cloud based platform -
https://brainly.com/question/30364613
#SPJ1
Which of the following is not a taxpayer filing status for purposes of determining the appropriate tax rate schedule?
Head of Household.
Qualifying Widow or Widower.
Married Filing Separately.
Unmarried.
For the purpose of choosing the proper tax rate schedule, being single is not a tax reporting status.(option d)
Why do you use the term "tax rate"?The tax rate in a taxation system is the proportion at which a company or individual is taxed. Statutory, average, effective, and effective tax rates are just a few of the ways that can be displayed. Those rates can also be displayed using the inclusive and exclusive definitions of a tax base.
A government sets the tax rate, which may be imposed on both income and goods and services. The rate is frequently expressed as a proportion of a subject to taxation's value.
To know more about tax rate visit:
https://brainly.com/question/12395856
#SPJ1
Which of the following traits has a negative affect or job search.
A) proactive personality
B. Extroversion
C. Low self efficacy
D. Positive affect
E. Conscientiousness
Self-efficacy is low. An individual could not be chosen due to this factor. (Choice c)
How would you define low self-efficacy?In anxiety disorders, poor self is systematically associated with an increase in dread and avoidance behaviour (Williams , Watson, 1985). So, a rise in perceived belief about one's ability to deal with dangerous situations coincides with a drop in phobic behaviour. Self-efficacy in psychology refers to a person's confidence in their ability to take the actions required to achieve particular objectives. Albert Bandura, a psychologist, was the one who first put out the idea. Self-efficacy has an impact on all aspects of human activity.
To know more about Self-efficacy visit:
https://brainly.com/question/28215515
#SPJ1
Nolan seeks to protect himself from the debts his business is going to incur. Which of the following entities would be the best entity choice for Nolan?
Corporation
The best entity choice for Nolan to protect himself from the debts his business is going to incur would be a Limited Liability Company (LLC).
An LLC offers its owners the benefits of both a corporation and a partnership. LLCs provide the limited liability protection of a corporation, meaning that owners of the LLC are not personally liable for debts of the business. This is different from a partnership, where all partners can be held liable for debts of the business. Additionally, LLCs provide the flexibility and tax advantages of a partnership. LLCs do not have to pay taxes on their earnings and income passes through to their owners and is only taxed once at the individual level. Additionally, LLCs have fewer formalities than corporations, such as fewer restrictions on ownership and fewer required filings.
In conclusion, a Limited Liability Company is the best entity choice for Nolan to protect himself from the debts his business is going to incur, as it provides the limited liability protection of a corporation and the flexibility and tax advantages of a partnership.
Know more about LLC here:
https://brainly.com/question/14466609
#SPJ11
true/false. tangible goods are effectively actions or performances that must be directed toward the consumers who use them.
False, tangible goods are really activities or performances that have to be directed upon the people who use them.
Which kind of things are physical and intangible?Equipment and inventories are examples of tangible assets, while valuable assets that cannot be touched are known as intangible assets (such as trademarks). Both intangibles goods are valuable and have a market price.
Which four physical goods are they?Anyone that can be immediately felt qualifies as a tangible good, including printed books, CDs, DVDs, lamps, food, and baseball bats.
To know more about tangible goods visit:
https://brainly.com/question/26403510
#SPJ1
as banks seek to manage their risk, some of the assets they would seek to securitize are . (select all that apply.)
When banks seek to manage their risk, some of the assets they would seek to securitize are: Mortgages and other loans, Corporate bonds, Accounts receivable, and Future cash flows
As banks seek to manage their risk, some of the assets they would seek to securitize are as follows:
1. Mortgages and other loans: Mortgages, auto loans, personal loans, and credit card debt are examples of loans that can be securitized by banks to manage risk. Banks bundle loans together and sell them as securities in the market. Investors earn interest and principal payments on the securities, while banks receive funds to make additional loans.
2. Corporate bonds: Corporate bonds are used by companies to raise funds for their business activities. Banks can securitize these bonds to manage their risk. They can pool these bonds with others and sell them as securities to investors. The investors earn interest and principal payments on these securities, and the bank receives funds to lend.
3. Accounts receivable: Accounts receivable is money owed to a company by its customers for goods and services provided. Banks can securitize accounts receivable to manage their risk. They buy accounts receivable from companies and bundle them into securities. Investors buy these securities and earn a return on the funds invested. The bank receives funds to lend to other customers.
4. Future cash flows: Banks can also securitize future cash flows to manage their risk. Future cash flows refer to the estimated future income from an asset. For example, a bank can securitize future cash flows from a mortgage. They pool these cash flows with others and sell them as securities to investors. Investors earn a return on their investment, and the bank receives funds to lend to other customers.
In conclusion, banks securitize assets to manage risk. They can securitize mortgages and other loans, corporate bonds, accounts receivable, and future cash flows. This helps banks reduce their exposure to risk and enables them to raise funds to lend to other customers.
Know more about Mortgages and other loans here:
https://brainly.com/question/29797804
#SPJ11
Frederick Taylor, often referred to as the father of scientific management, is best known for his work with
A. time-motion studies.
B. the Hawthorne studies.
C. the hierarchy of needs.
D. Theory X.
E. employee punishment.
The work with time-motion studies that Frederick Taylor, frequently referred regarded as the "father of scientific management," is most renowned for.
What objectives did Taylor's scientific management seek to achieve?The main objective of scientific management is to boost productivity. When Taylor started his scientific management trials, he concentrated on boosting productivity by cutting down on the time needed to complete activities.
What is Frederick Taylor's theory?Frederick Winslow Taylor's book "The Principles of Scientific Management" was released in 1911. Taylor thought that the greatest approach to boost labor productivity was to optimize the way the job was done. He claimed that defects in a particular work process could be scientifically fixed via improved management techniques.
To know more about management visit:-
https://brainly.com/question/29023210
#SPJ1
chaplains provide two fundamental tasks regardless of the level of command that they serve (select the two that apply):
Chaplains provide two fundamental tasks regardless of the level of command that they serve. The two fundamental tasks that they provide are - Advising and Providing spiritual support.
A chaplain is a qualified person who serves as a religious representative to military service members and their families. They provide spiritual and emotional support and guidance to soldiers, military staff, and their relatives.
They are accessible for individual, group, or command consultation to assist in solving ethical dilemmas, particularly when religious beliefs or practices are involved.
It is critical to have a chaplain who can provide spiritual and moral guidance when ethical decisions arise, particularly when they relate to religious and cultural customs.
In addition to providing religious services, they also provide emotional and spiritual support. When a soldier is dying or injured, a chaplain can be the only person they can turn to. They provide comfort and support in times of pain, loss, and trauma. They also support families and friends who are grieving or dealing with issues related to deployment or separation.
For such more question on command:
https://brainly.com/question/14655307
#SPJ11
The following question may be like this:
Chaplains provide two fundamental tasks regardless of the level of command that they serve (Select the two that apply):
Religious support to service members Religious advisement to commanders and staffAdvising spiritual supportProviding spiritual supportx-rays and gamma rays are examples of ionizing radiation and cause the formation of thymine dimers. group of answer choices
X-rays and gamma rays are examples of ionizing radiation and cause the formation of thymine dimers----- False
Option B is correct.
How do gamma beams help people?Some types of cancer can be effectively treated with X-rays, gamma rays, and other ionizing radiation. During radiation treatment, high portions of ionizing radiation (a lot higher than those utilized for imaging tests) are aimed at the disease, bringing about the demise of the malignant growth cells.
What is the fundamental gamble of gamma beams?Cancer and DNA damage can be caused by high-energy radiation, such as x-rays, gamma rays, alpha, beta, and neutrons. Accidents at nuclear power plants and the production, testing, and use of atomic weapons both have the potential to release these forms of radiation.
Question incomplete:
x-rays and gamma rays are examples of ionizing radiation and cause the formation of thymine dimers. group of answer choices
A. True
B. False
Learn more about X rays:
brainly.com/question/29311354
#SPJ1
Investment timing options
Companies often need to choose between making an investment now or waiting till the company can gather more relevant information about the potential project. This opportunity to wait before making the decision is called the investment timing option.
Newtown Propane Co. is considering a three-year project that will require an initial investment of $43,500. If market demand is strong, Newtown Propane Co. thinks that the project will generate cash flows of $28,000 per year. However, if market demand is weak, the company believes that the project will generate cash flows of only $1,500 per year. The company thinks that there is a 50% chance that demand will be strong and a 50% chance that demand will be weak.
If the company uses a project cost of capital of 14%, what will be the expected net present value (NPV) of this project?
-$7,868
-$11,107
-$8,793
-$9,256
-$9,256 will be the expected net present value (NPV) of this project. If the company uses a project cost of capital of 14%.
Expected cash flow per year = 0.50 * 28000 + 0.50 * 1500 = 14750
NPV of the project if started today
NPV = PV of all cash flow - investment
NPV = 14750 * PVIFA 14%, 3 YEARS - $43500
PVIFA 14%, 3 years = (1/r)*(1-(1/(1+r)ⁿ))
NPV = 14750 * 2.321632 - $43500
NPV = $-9256
NPV of the project if started after a year
NPV = PV of all cash flow - investment
NPV = [($28000 * PVIFA 14%, 2 years) - $43500] * 0.5 * PVIF 14%, 1 year
PVIFA 14%, 1 year
1/(1+r)ⁿ
NPV = [(($28000 * 1.646661) - $43500) * 0.5] * 0.877193
NPV = 1143
Value of option to delay = 10399
Learn more about the Company here: brainly.com/question/29354835
#SPJ4
In a free enterprise economy, business firms will produce the goods that consumers want to buy. How will These Goods be produced?
In a free enterprise economy, business firms will produce the goods that consumers want to buy. The goods produced in a free enterprise economy are produced based on the principles of supply and demand.
Free enterprise economy is a type of economy where individuals, rather than the government, control the economic activities. This means that goods are produced in the quantity and quality that is demanded by the consumers. Business firms in a free enterprise economy have the freedom to produce and sell the goods that they want to produce. They are not restricted by the government, and they can produce whatever goods they think will sell in the market.
The businesses in a free enterprise economy have the freedom to innovate and create new products, and they can also adopt new technologies to improve the quality of their products. The goods produced in a free enterprise economy are produced in a competitive environment. This means that businesses have to compete with each other to attract consumers. The businesses that produce the best products at the lowest prices will attract the most customers. This competition ensures that businesses are efficient in their operations and produce high-quality products at reasonable prices.
In a free enterprise economy, businesses use their own resources to produce goods. They invest their own money in the production process, and they hire workers to help them produce the goods. The businesses are responsible for the costs of production, and they also reap the profits from the sales of their products. Overall, in a free enterprise economy, businesses produce the goods that consumers want to buy based on the principles of supply and demand, and they do so in a competitive environment.
Know more about Free enterprise economy here:
https://brainly.com/question/30338977
#SPJ11
fill in the blank. ____ is when the federal government shares revenue with state, local, and other governmental units for poverty, health, and highway programs.
Intergovernmental transfers is when the federal government shares revenue with state, local, and other governmental units for poverty, health, and highway programs.
Intergovernmental transfers are a form of fiscal federalism, which is the concept that fiscal policy decisions and spending should be shared between the national and state governments. In particular, these transfers are the primary way the federal government provides funds to the states and localities for programs such as health, housing, and highways. The federal government generally makes these transfers in the form of grants, which are funds that do not need to be repaid. States and local governments then use these funds to implement programs for the public good. For example, highway projects and other infrastructure projects are often funded in part by intergovernmental transfers from the federal government.
Additionally, intergovernmental transfers are often used to fund social services such as health care and poverty assistance programs.
For more questions on revenue
https://brainly.com/question/23706629
#SPJ11
which of the following terms describes the time a unit spends actually being worked on together with the time spent waiting in a queue?
The term that describes the time a unit spends actually being worked on together with the time spent waiting in a queue is cycle time. The cycle time is the time it takes to complete a process or unit, including both processing time and waiting time in a queue.
In manufacturing, cycle time is an essential metric for measuring productivity and efficiency. It can be calculated by dividing the total time spent on a process by the number of units produced. For example, if it takes 10 hours to produce 50 units, the cycle time would be 0.2 hours (12 minutes) per unit.
Cycle time can also be used to identify bottlenecks in a process. If a particular step in the process takes longer than others, it can cause delays and increase the cycle time for the entire process. By measuring and analyzing cycle time, managers can identify areas for improvement and optimize the process to increase efficiency and productivity.
In summary, cycle time is the time it takes to complete a unit or process, including both processing time and waiting time in a queue. It is an essential metric for measuring productivity and identifying areas for improvement in a manufacturing process.
for more such question on productivity
https://brainly.com/question/21044460
#SPJ11
You are fortunate to have an experienced team that has worked together for more than a year and is familiar with the project work. What action can you take to provide the most help to this team?
Answer:
happy birthday to the world and I have a great day to be a great day to be a great day to be a part in a different kind and loving you want a great time with you and your friends and I
Evaluate the importance of effective
recruitment
and selection of
to a restaurant business.
employees
[12]
Effective recruitment and selection are critical for a restaurant business to ensure the hiring of competent and qualified employees. The quality of the restaurant's employees can significantly impact the business's success, customer satisfaction, and profitability.
To support your answer -Firstly, effective recruitment and selection processes enable a restaurant to attract and hire the best candidates for the available positions, ensuring that the employees have the necessary skills and experience to perform their job duties effectively.
Secondly, having skilled and competent employees can lead to improved customer service, increased customer satisfaction, and repeat business. This is particularly important in the restaurant industry, where the customer experience is a crucial factor in driving revenue.
Additionally, effective recruitment and selection processes can reduce employee turnover, which can be costly for a business. High employee turnover can result in increased recruitment and training costs, as well as decreased productivity and customer satisfaction.
In conclusion, effective recruitment and selection are crucial for a restaurant business to attract and retain competent and qualified employees, which can lead to improved customer service, increased customer satisfaction, and ultimately, higher profitability.
To know more about Effective recruitment , visit :
https://brainly.com/question/13123749
#SPJ1
The price of two funds are as follows at the end of the day of Tuesday, January 15th:
NAV Offering Price Net Asset Change
Fund X 10.20 10.95 -0.04
Fund Z 11.80 12.57 -0.08
One of your clients called and entered a redemption order for 250 shares of Fund X on that Tuesday morning. What would this investor receive?
[A] The investor will receive $2,550, less any change in market value.
[B] The investor will receive $2,550.
[C] The investor will receive $2,540 less any change in market value.
[D] The investor will receive $2,540
[B] The investor will receive $2,550.
What does an investor do?An investor is someone who invests money in a business or stocks with the expectation of making a profit. Investors use various strategies to make decisions when investing, such as analyzing the company or stock performance and researching the industry. They also use various methods to evaluate the risk of their investments, such as the expected return on their investments and the volatility of the market. Investors typically diversify their portfolios to spread out their risk and maximize their return. Depending on their risk tolerance and investment objectives, investors may choose to invest in a variety of assets, including stocks, bonds, mutual funds, commodities, and real estate.
When an investor redeems the shares, they will receive the next calculated NAV calculated at the close of the day on the day the order was entered (Tuesday). This would be $10.20 times the 250 shares redeemed. $10.20 X 250 = $2,550.
For more questions related to shares
https://brainly.com/question/28452798
#SPJ1
Explain how a branch manager (rare leader) personal values and principles will contribute helping you function effectively in your new position as branch manager? (write at least 3 to 4 pages assignment)
Answer:
As a new branch manager, it is important to understand how personal values and principles can contribute to effective leadership. The role of a branch manager is multifaceted, requiring a range of skills and qualities, including effective communication, strategic thinking, and problem-solving abilities. Personal values and principles play a critical role in developing these skills and in building strong relationships with employees, customers, and other stakeholders. In this assignment, we will explore how personal values and principles can contribute to effective leadership as a branch manager.
Firstly, personal values and principles can contribute to effective leadership by providing a framework for decision-making. A branch manager must make decisions on a regular basis, ranging from day-to-day operational issues to strategic planning and resource allocation. Having a clear set of personal values and principles can help guide these decisions and ensure they align with the manager's overall goals and objectives. For example, a manager who values transparency and honesty is more likely to communicate openly with employees, customers, and other stakeholders, leading to greater trust and engagement.
Secondly, personal values and principles can help a branch manager build a strong organizational culture. The branch manager is responsible for creating a positive work environment that fosters collaboration, innovation, and high-performance. A manager who values teamwork, respect, and continuous improvement is more likely to foster these qualities in their team members, leading to a positive organizational culture. Additionally, a manager who values diversity and inclusivity is more likely to build a team that is reflective of the broader community, leading to greater customer satisfaction and engagement.
Thirdly, personal values and principles can contribute to effective leadership by promoting ethical behavior and social responsibility. A branch manager must uphold ethical standards and ensure the organization is operating in a socially responsible manner. A manager who values integrity, fairness, and responsibility is more likely to promote these values throughout the organization, leading to greater accountability and ethical behavior. Additionally, a manager who values social responsibility is more likely to implement sustainable practices and contribute to the broader community, leading to a positive impact on society.
Finally, personal values and principles can contribute to effective leadership by fostering personal growth and development. A branch manager must continually develop their skills and knowledge to meet the demands of their role. Having a clear set of personal values and principles can help a manager identify areas for growth and development, leading to continuous improvement. Additionally, a manager who values personal growth and development is more likely to support their employees in their own growth and development, leading to a more engaged and productive team.
In conclusion, personal values and principles play a critical role in effective leadership as a branch manager. They provide a framework for decision-making, help build a strong organizational culture, promote ethical behavior and social responsibility, and foster personal growth and development. As a new branch manager, it is important to reflect on personal values and principles and how they can be leveraged to build a successful and effective team. By embodying these values and principles, a branch manager can create a positive work environment that fosters collaboration, innovation, and high-performance.
Explanation:
________ shows the actual performance of ads in terms of awareness, costs efficiency, or sales and those that don't do well may be dropped.
Understanding of a condition or subject at the present moment based on information or experience: Politicians will take the issue seriously if the public is aware that it exists. Throughout the past ten years, there has been a significant rise in environmental consciousness.
What is awareness?
Being conscious will help you understand your beliefs and whether or not they are limiting you. If you are conscious, this will give you information, and if you have knowledge, you will know what to do and where to go to make the necessary adjustments in order to advance and succeed.
the quality or state of being cognizant, knowledgeable, or aware. Attention, trepidation, awareness, familiarity, and alertness. Free Dictionary. possessing wisdom or expertise regarding something.
In order to change people's attitudes, behaviors, and beliefs in order to accomplish a certain objective or goal, awareness-raising involves educating and informing them about a topic or issue.
Learn more about awareness:
https://brainly.com/question/10704836
#SPJ1
From 1960 to 1990, in which of the following countries has investment resulted in economic growth sufficiently higher than that in the United States?
a. Mexico
b. Zimbabwe
c. South Korea
d. India
From 1960 to 1990, C) South Korea is the country that has had investment resulting in economic growth that was significantly higher than that of the United States.
The post-World War II economic growth period for C) South Korea began in the 1960s and continued until the 1990s. South Korea saw significant economic development in the form of infrastructure, technology, and industrialization. South Korea's transformation from a predominantly rural and underdeveloped country to a highly industrialized and urbanized country is considered one of the most successful examples of economic development in history.
The Korean government provided a variety of economic incentives to businesses in order to attract foreign investment. Furthermore, the government also implemented policies aimed at developing domestic firms by providing them with access to investment funds, reducing taxes, and providing regulatory support.
The government also heavily promoted research and development, which led to the creation of new businesses and industries.South Korea's exports grew by an average of 23% per year in the 1960s and 1970s, while the economy expanded at an annual rate of 9%.
Exports of electronics, clothing, and steel were major contributors to South Korea's growth. Furthermore, South Korea's highly educated and skilled workforce aided in the development of the country's technological industries. By the late 1980s, South Korea had become the world's 11th-largest trading nation.
The economic success of South Korea's growth model has served as a model for other countries seeking to improve their economies. Furthermore, South Korea's economic progress has transformed the country into a developed nation with a high standard of living.
For more question on "South Korea" :
https://brainly.com/question/4209942
#SPJ11
Discuss 2 ways in which an entrepreneurship will use information to understand risk and uncertainty and deciding whether or not to exploit a business opportunity
The two ways in which an entrepreneurship will use information to understand risk and uncertainty and deciding whether or not to exploit a business opportunity -
1. Recognize that risk is opportunity - From the very beginning of a new company idea, danger and opportunity are inextricably interwoven. By contrasting their own objectives with potential points of entrance into the market, entrepreneurs might draw this conclusion.
For instance, a businessperson who pays careful attention to customer sentiment will have a better sense of how to avoid making expensive mistakes.
2. Reverse risk - Risk selection is an alternative approach to think about risk management. On a far more fundamental level, market research will assist in helping a corporation decide where and how to take risk.
It might be challenging to accept that sometimes making sacrifices is the only way to achieve new heights, particularly after a firm has succeeded successfully.
Which definition of entrepreneurship is the best?Planning, establishing, and operating a new business with the intention of making money while taking on financial risk is the essence of entrepreneurship.
Is entrepreneurship essential?Entrepreneurs have a key role in the economy's growth. They intend to promote industry innovation, expand market prospects, and foster community progress.
To know more about Entrepreneurship visit:
https://brainly.com/question/31008165
#SPJ1