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3 years ago

The largest sector in core economies is the tertiary sector; activities in this sector include __________________

Business

1 answer:

andre [41]3 years ago

4 0

Answer:

The correct answer is: grocery stores and other retail and wholesale sales, legal services and entertainment.

Explanation:

A Tertiary Industry includes businesses that offer services to consumers. Those services are wide-ranging and include legal, banking, healthcare, schools, transportation and restaurants. The tertiary industry is split into two main categories: the first features businesses that make money including those in the financial industry; the other comprised of non-profit services such as public education.

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Spindler, Inc. (a U.S.-based company), imports surfboards from a supplier in Brazil and sells them in the United States. Purchas

gladu [14]

Answer:

a. The effect on reported income in 2020 is a foreign exchange gain of $6,400.

b-1. The effecton reported income in 2020 is a foreign exchange loss of -$12,800.

b-1. The effect on reported income in 2021 is a foreign exchange gain of $9,600.

c-1. The effect on reported income in 2020 is a foreign exchange loss of -$6,400.

c-1. The effect on reported income in 2021 is a foreign exchange gain of $9,600.

Explanation:

a. Assume that Spindler acquired the surfboards on September 1, 2020, and made payment on December 1, 2020. What is the effect of the exchange rate fluctuations on reported income in 2020?

Since the U.S. Dollar per Brazilian Real on 1-Sep-20 is higher than the U.S. Dollar per Brazilian Real on 31-Dec-20, the effect of the exchange rate fluctuations on reported income in 2020 is a foreign exchange gain calculated as follows:

Foreign exchange gain on 31-Dec-20 = Value of surfboards in Brazilian real * (U.S. Dollar per Brazilian Real on 1-Sep-20 - U.S. Dollar per Brazilian Real on 31-Dec-20) = BRL640,000.00 * ($0.24 - $0.23) = $6,400

b. Assume that Spindler acquired the surfboards on December 1, 2020, and made payment on March 1, 2021. What is the effect of the exchange rate fluctuations on reported income in 2020 and 2021?

b-1. Since the U.S. Dollar per Brazilian Real on 1-Dec-20 is lower than the U.S. Dollar per Brazilian Real on 31-Dec-20, the effect of the exchange rate fluctuations on reported income in 2020 is a foreign exchange loss calculated as follows:

Foreign exchange loss on 31-Dec-20 = Value of surfboards in Brazilian real * (U.S. Dollar per Brazilian Real on 1-De-20 - U.S. Dollar per Brazilian Real on 31-Dec-20) = BRL640,000.00 * ($0.23 - $0.25) = -$12,800

b-2. Since the U.S. Dollar per Brazilian Real on 31-Dec-20 is higher than the U.S. Dollar per Brazilian Real on 1-Mar-21, the effect of the exchange rate fluctuations on reported income in 2021 is a foreign exchange gain calculated as follows:

Foreign exchange gain on 31-Mar-21 = Value of surfboards in Brazilian real * (U.S. Dollar per Brazilian Real on 1-Dec-20 - U.S. Dollar per Brazilian Real on 1-Mar-21) = BRL640,000.00 * ($0.25 - $0.235) = $9,600

c. Assume that Spindler acquired the surfboards on September 1, 2020, and made payment on March 1, 2021. What is the effect of the exchange rate fluctuations on reported income in 2020 and in 2021?

c-1. Since the U.S. Dollar per Brazilian Real on 1-Sep-20 is lower than the U.S. Dollar per Brazilian Real on 31-Dec-20, the effect of the exchange rate fluctuations on reported income in 2020 is a foreign exchange loss calculated as follows:

Foreign exchange loss on 31-Dec-20 = Value of surfboards in Brazilian real * (U.S. Dollar per Brazilian Real on 1-Sep-20 - U.S. Dollar per Brazilian Real on 31-Dec-20) = BRL640,000.00 * ($0.24 - $0.25) = -$6,400

c-2. Since the U.S. Dollar per Brazilian Real on 31-Dec-20 is higher than the U.S. Dollar per Brazilian Real on 1-Mar-21, the effect of the exchange rate fluctuations on reported income in 2021 is a foreign exchange gain calculated as follows:

6 0

3 years ago

Rent controls force landlords to price apartments below the equilibrium price level. An immediate effect is a shortage (excess d

kupik [55]

Answer: C) and D) answers.

Explanation: The rental market must have a free operation, that is, supply and demand have to set their price level, especially since, in this case, the product is not fungible, that is, it is not interchangeable. Each floor varies in location, number of square meters, construction qualities, etc. You cannot set a fixed reference price. Another of the most repeated consequences by experts is that the limitation will cause a reduction in supply, but demand will not go down, which will necessarily lead to greater tension in rental prices.

7 0

3 years ago

Adam was explaining security procedures to new interns at his firm. It was difficult for the interns to understand what Adam was

RSB [31]

Incomplete question. The options;

A) Incorporate activities that directly involve the audience.

B) Explain how the information will help the audience.

C) Avoid jargon.

D) Compare unfamiliar concepts to familiar concepts.

Answer:

C) Avoid jargon.

Explanation:

Note, the term "jargon" basically refers to the use of highly complex or technical language in communication.

In this scenario, we observed that Adam did not take into consideration that the interns were unfamiliar with the complex terms he was using. Hence, an effective strategy he could have used in the above situation was to totally avoid the use of jargon in his communication with the interns.

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3 years ago

Xbox video game consoles were developed through a joint venture between Microsoft and the WWE (World Wrestling Entertainment). P

SSSSS [86.1K]

Answer:

The Implementation Phase

Explanation:

A marketing plan refers to a a future course of action relating to marketing tactics a firm is planning to employ and specifies the goals and objectives which are to be achieved. It provides direction and guides marketing efforts in a single direction i.e towards attainment of marketing objectives.

A strategic marketing plan is an in-depth marketing plan which specifies the long term marketing strategies, the markets in which the firm shall compete, the target customers and the means to attain marketing goals.

Such a plan incorporates the following phases:

Analysis : It means situational analyses and assessing organizational strengths and weaknesses and matching them with environmental threats and opportunities.
Planning: This involves conducting marketing research and product testing and also planning for the price, promotion and distribution of products.
Implementation: It refers to putting the plans into action and placing the products in the market based upon the distribution channel and markets planned for in previous stages.
Control: This refers to analyzing sales, profit margins and customer satisfaction. Measuring the deviations against figures as anticipated and making necessary modifications in the marketing strategy accordingly.

In the given case, the video game company had planned well w.r.t it's joint venture and strategy but failed to implement it effectively. This points to the company failing at the implementation phase of the strategic marketing process.

8 0

3 years ago

Jilk Inc.'s contribution margin ratio is 60% and its fixed monthly expenses are $48,000. Assuming that the fixed monthly expense

Kryger [21]

Answer:

The best estimate of the company's net operating income in a month is $34,800.

Explanation:

This can be calculated using the following steps:

Step 1: Calculation of contribution margin

This can be calculated using the formula for calculating the contribution margin ratio as follows:

Contribution margin ratio = Contribution margin / Sales ........... (1)

where,

Substituting the values in the question into equation (1) and solve for contribution margin, we have:

60% = Contribution margin / $138,000

Contribution margin = 60% * $138,000 = $82,800

Step 2: Estimation of the company's net operating income in a month

This can be calculated using the following formula:

Net operating income = Contribution margin - Fixed expenses ......... (2)

Substituting the $82,800 obtained in Step 1 for contribution margin and the fixed monthly expenses of $48,000 in the question into equation (2), we have:

Net operating income = $82,800 - $48,000 = $34,800

Conclusion

From Step 2 above, the best estimate of the company's net operating income in a month is therfore $34,800.

4 0

3 years ago