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3 years ago

Operations management moves from knowing the needs of consumers to actually satisfying those needs.a) trueb) false

Business

1 answer:

Mariana [72]3 years ago

8 0

Answer:

True

Explanation:

Remember, no business operations would exist if there aren't any identified customer needs to solve.

Also, we need to bear in mind that Operations management activities are done in any business in other to efficiently (profitably) process raw materials, labor, etc into the goods and services needed by consumers.

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The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $31,000 per year fo

Whitepunk [10]

Answer: 6.51%

Explanation:

To get the interest rate at which the deal will be fair

Annual payment per year/ cost × 100

Perpetuity = D/r

476000 = 31000/r

r = 31000÷ 476000

r = 0.06512

r = 0.06512 × 100

r = 6.512%

Where D is the dividend

r is the rate

3 0

3 years ago

The balance sheet below reflects Zee Bank after its purchase of $50 million in government securities from the Fed. Assume a requ

UkoKoshka [18]

Answer:

$500 million

Explanation:

The solution of the money supply and its effect is here below:-

Decrease in money supply = $50 million ÷ reserve ratio

= $50 million ÷ 10%

= $500 million

If $50 million were used to repay loans, that will have raised money supply. Thus, buying $50 million in government securities from the fed reduces the supply of capital.

3 0

3 years ago

Explain the most well-known service provided by insurance companies. *

earnstyle [38]

Answer:

Car insurance

Explanation:

Everybody drives a car.

6 0

3 years ago

The right side of the balance sheet shows the firm's liabilities and stockholders' equity. Which of the following best describes

Leokris [45]

Answer:

1. Equity is the difference between the company's assets and liabilities.

2. D. $83

Explanation:

Req. A

We know,

The accounting equation is

Total asset = total liabilities + total stockholders' equity

Therefore, total asset - total liabilities = total stockholders' equity

So, we can say that equity is the difference between the company's assets and liabilities. However, equity cannot be claimed before the liabilities. Therefore, the option "A" is the correct answer.

Req. B

Now Inc.

Statement of retained earnings

For the year ended, December 31, 20XX

Beginning retained earnings (Last year) $527

Add: Net Income (Current year) 176

Less: Dividend (Balancing) (83)

Ending retained earning (Current year) $620

Calculation: $(527 + 176 - 620) = $83

Therefore, the option "D" is the correct answer.

3 0

3 years ago

Which of the following statements is CORRECT? Sole proprietorships are subject to more regulations than corporations. In any typ

Rasek [7]

Answer:

Sole proprietorship and partnerships generally have a tax advantage over many corporations, especially large ones.

Explanation:

Corporation face fewer regulations than Sole proprietorship.

In any partnership every partner is liable for their share of rights, privileges, and liability exposure.

An S Corp and C Corp are not taxed the same.

3 0

3 years ago