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saul85 [17]
3 years ago
9

When comparing seat belt prices for his firm's auto assembly plant, purchasing manager ernie wong finds it most convenient to ac

cess the _____ for auto manufacturers?
Business
2 answers:
algol133 years ago
6 0

Ernie should access the internet and find a source that allows auto manufacturers to compare seat belt prices for his assembly plant. There are many resources that businesses can use to compare prices of similar items. Since no two items are exactly the same, it's important to not only compare pricing but to compare the quality of the items you are comparing. If there is a significant price difference but also in quality, quality is more important to insure the items are properly made.

inessss [21]3 years ago
3 0

The most convenient to access for Manager Ernie Wong is the e-marketplace. This is known as an online marketplace where in the products or services’ information are being provided In the e-commerce cite in which is more convenient for Manager Ernie Wong to use when comparing seat belt prices for his firm.

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A forecasting process integrates information gathered from the market, from internal operations, and from the larger business en
Basile [38]

In order to predict future demand, a forecasting process combines data from the market, internal operations, and the wider business environment.

<h3>What really happens during a forecast?</h3>

The process of forecasting entails creating predictions based on historical and current data. These can then be contrasted (resolved) with what actually occurs. For instance, a business can predict its revenue for the following year and then contrast that prediction with the actual outcomes. A comparable but more broad phrase is prediction.

The five stages for forecast,

  • Step 1 is to define the issue.
  • Step 2: Information gathering.
  • Step 3: First exploratory analysis.
  • Step 4: Choosing and fitting models
  • Step 5: Utilizing and assessing a forecasting model

To learn more about forecast, refer to:

brainly.com/question/23009258

#SPJ4

4 0
1 year ago
Frank is lending $1,000 to Sarah for two years. Frank and Sarah agree that Frank should earn a 2 percent real return per year. I
egoroff_w [7]

Answer:

a. 23%.

b. Frank should charge Sarah 2% more than the inflation rate.

Explanation:

a. Find the nominal rate of interest.

To find this value we must follow this equation:

NI=RI+IR

Where NI = Nominal Interest, RI= Real Interest, and IR= Inflation Rate.

a.1. Find the real interest rate.

The problem statement gives us this value: 2% real return per year, as agreed by Sarah and Frank.

a.2. Find the inflation rate.

Here we follow this equation:

IR=(\frac{CPI_{F} -CPI_{B} }{CPI_{B} } )*100

Where:

CPI(F) is the CPI of the final year, in this case, it would be 121 (the expected CPI for two years, which is the established loan time).

CPI (B) is the CPI of the base year, that is, the CPI in force at the time that Frank makes the loan, 100 in this case.

We replace these values:

IR=(\frac{121-100}{100} )*100

IR=(\frac{21}{100} )*100

IR=0.21*100

IR=21%

The inflation rate equals 21%.

a.3. Replace in the equation of the nominal rate of interest.

NI=RI+IR

NI=0.02+0.21

NI=0.23

So, the nominal rate of interest Frank should charge Sarah equals 23%.

b. Find out how much Frank should charge Sarah (regarding inflation and considering that it is unknown).

The inflation rate reduces the return expected by Frank. Therefore, the nominal interest rate charged must be higher than the inflation rate, in order to ensure a positive real returns. In this case, since it is not known exactly what that inflation rate is, Frank must charge 2% (expected return) above what the inflation rate can record.

Hence, the short answer is: Frank should charge Sarah 2% more than the inflation rate.

8 0
3 years ago
10. A country would place a tariff on imported steel to A. increase the standard of living for all citizens in the country. B. m
vagabundo [1.1K]
C is correct.
As a result of a tariff, prices for domestic steel consumers go up so D is false. Option B is false because it does not make the market fair for everyone as now domestic producers can charge a higher price since foreign competition is being excluded. Since B, D are false it would make sense that A is also untrue as consumers are now suffering while it is the producers who benefit. 
5 0
3 years ago
Read 2 more answers
The oldest recorded effort to organize a fire fighting service dates back to the:
Zepler [3.9K]
Dates back to the Roman Republic.
7 0
3 years ago
Below are the transactions for Salukis Car Cleaning for June, the first month of operations.
Kruka [31]

Answer:

Part 1

June 1

Debit : Cash $53,000

Credit : Bank Note $53,000

June 2

Debit : Cash $23,000

Credit : Common Stock $23,000

June 7

Debit : Equipment $58,000

Credit : Cash $58,000

June 10

Debit : Supplies $6,300

Credit : Account Payables $6,300

June 12

Debit : Cash $3,300

Credit : Service Revenue $3,300

June 16

Debit : Salaries $730

Credit : Cash $730

June 19

Debit : Advertising $330

Credit : Cash $330

June 23

Debit : Trade Receivables $4,300

Credit : Service Revenue $4,300

June 29

Debit : Salaries $780

Credit : Cash $780

June 30

Debit : Utility Bill $1,230

Credit : Cash $1,230

June 30

Debit : Dividends $430

Credit : Cash $430

Part 2 & 3

Cash : Debit Side - $53,000 + $23,000 + $3,300, Credit Side - $58,000 + $730 + $330+ $780+ $1,230+$430 = $17,800 (debit)

Bank Note : Debit Side  - Credit Side  - $53,000  = $53,000 (credit)

Common Stock : Debit Side - Credit Side - $23,000 = $23,000 (credit)

Equipment : Debit Side - $58,000 Credit Side - = $58,000 (debit)

Supplies : Debit Side - $6,300 Credit Side - = $6,300 (debit)

Accounts Payable : Debit Side - Credit Side - $6,300 = $6,300 (credit)

Service Revenue ; Debit Side - Credit Side - $3,300 + $4,300 = $7,600(credit)

Salaries : Debit Side - $730 + $780 Credit Side - = $1,510 (debit)

Advertising : Debit Side - $330 Credit Side - = $330 (debit)

Accounts Receivables : Debit Side - $4,300 Credit Side - = $4,300 (debit)

Utility Bill : Debit Side - $1,230 Credit Side - = $1,230 (debit)

Dividends : Debit Side - $430  Credit Side - = $430 (debit)

Part 4

<u>Trial Balance as at 30 June</u>

                                                  Debit                 Credit

Cash                                        $17,800

Bank Note                                                         $53,000

Common Stock                                                 $23,000

Equipment                            $58,000  

Supplies                                  $6,300

Accounts Payable                                              $6,300

Service Revenue                                                $7,600

Salaries                                     $1,510

Advertising                                 $330

Accounts Receivables            $4,300

Utility Bill                                  $1,230

Dividends                                   $430

Totals                                    $89,900            $89,900

Explanation:

The Accounting Process starts with recording transactions in the Journals. The Journals are then posted to the Account Affected and the balances of those Accounts are determined. The trial Balance is then prepared by extracting these balance to find the Debit and Credit Totals to check mathematical accuracy.

3 0
2 years ago
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