Answer:
The personal and social costs of unemployment include severe financial hardship and poverty, debt, homelessness and housing stress, family tensions and breakdown, boredom, alienation, shame and stigma, increased social isolation, crime, erosion of confidence and self-esteem, the atrophying of work skills and ill-health ...
Answer:
Empathy
Explanation:
Empathy is the ability of a person of business entity to understand the thoughts, feelings, and emotions of their customers. It is the ability to personalise the customer's situation.
This makes the business go the extra mile in solving the customer's problem.
In this scenario Northwestern mutual felt the pain and understood the financial needs of the families of first responders during the 9-11 attack.
So without official death certificates they paid death benefits only 3 days after the attacks.
Other insurance companies however did not empathise with their customers and only paid death benefits some months to a year.
Answer:
Total Inventory 250,590
Explanation:
We have to pick the lowest price between the istoric cost (FIFO method) and the market value of the goods)
units x lowest
Adams 100 x 125 = 12,500
Coolidge 375 x 90 = 33,750
McKinley 220 x 60 = 13,200
Garfield 900 x 115 = 103,500
Lincoln 626 x 140 = <u> 87,640</u>
Total Inventory 250,590
Answer:
FV= $8,913.91
Explanation:
Giving the following information:
Annual interest rate= 0.8% interest compounded monthly
Initial investment= $4,000
Number of periods= 10*12= 120
<u>First, we need to calculate the monthly interest rate:</u>
<u></u>
i= 0.08/12= 0.0067
<u>Now, using the following formula, we can calculate the future value.</u>
FV= PV*(1+i)^n
FV= 4,000*(1.0067^120)
FV= $8,913.91
Answer:
c. materials inventory, work-in-process inventory, finished goods inventory, cost of goods sold.
Explanation:
Costs are not static, they are dynamic, therefore, they move through the value chain.
It all begins with the cost of raw materials that push the whole chain. Afterwards, the cost moves to the work-in-process inventory. When the goods are finished, the cost moves to finished goods inventory, with the storing cost firstly in mind. Lastly, the cost resides with the cost of goods sold, with the added costs of distribution and sales.
Accounting-wise, the flow of cost introduces the LIFO and FIFO systems, which relate to the way how cost is managed throughout the flow - backward or forward.