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MissTica
3 years ago
12

7. A major US city reports a 12% increase in decoration sales during the yearly holiday season. If decoration sales were 8 milli

on in 1998, how much did the city report in total decoration sales by the end of 2004?
Business
1 answer:
Svet_ta [14]3 years ago
3 0
This really looks like a multiplication here. Let me see if this can be helpful to you: If we proceed like this:
<span>8 million * 0.12 = increase /year
The only thing you need to do now is multiply it with number of years between 1998 to 2004 then add it to 8 million. That is how you can solve it</span>
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Several types of risk are present in the U.S. economy. For each of the following, identify the type of risk that is present. Exp
Dima020 [189]

Answer and Explanation:

a. This is a fundamental risk case since there is a loss possibility. As the attack is done by the terrorists and the loss is definite in terms

b. It is a property risk as the house is damaged in a fire that resulted into a financial loss

c. It is a personal risk case as the head of the family is totally disabled that directly impact the family which leads to non-fulfillment of the financial liabilities so ultimately its an income loss.

d. It is a case of speculative as the investor purchase 100 shares that resulted in either profit or loss

e. This is a case of fundamental risk as the overflow of the river impacts the property of thousands people

f. This is a case of financial risk as the risk impacted the opposite changes in the price of the commodity, rate of interest, etc

g. It is a speculative case as the worker could either win or loss

6 0
3 years ago
What are forms of office correspondences?​
BlackZzzverrR [31]

Answer:

Explanation:

Correspondence simply means letters sent or received. Another word for “Correspondence” is “Mail”. In our offices and Businesses, We receive letters, parcels, telegrams, internal memos, fax, e-mail, text messages or SMS (Short Message Service) and other documents which we all know as mail or correspondence.

CORRESPONDENCE RECORDS

Correspondence records are those documents used to keep track of correspondences in an organization. They show evidence of important transactions, letters, reasons for writing and those involved, dates, addresses, e-mails and other important messages.

TYPES OF CORRESPONDENCE

There are three main types of correspondence, they are:

In-coming mails

Out-going mails

Postage book.

1. In-Coming Mails: These are letters that comes into an organization. In-coming correspondence will reach the records offices in a number of different ways. Some will come through the regular post office or other courier services, like, DHL,UPS etc. Other in-coming mails could come via e-mail, or with the growth in technology, through text messaging:- Short Message Service (SMS) or Multimedia Messaging Services (MMS).

Examples of In-Coming Mails are: Letters

Parcels

Computer printouts e.g. e-mail or other data

Telegrams

Internal memos

Text messages

METHODS OF MAIL DELIVERY

Mails or letters can be delivered either by post or by hand to the recipients in two ways:

a. Delivery by Post: People pay for a private mail box or bag in the post office where their mails are deposited safely and locked till the owner comes (to the post office) with the keys to pick up mails. The post man also delivers received mails to the appropriate addresses with authority from the post office management.

b. Delivery by Hand: The mails that can be delivered by hand include letters, circulars, memos, handbills, notices of different sizes etc. The mails must be handled with care, so that the recipient will receive it without complaint and in time too. All mails are sorted out first in the mail room before being distributed to the appropriate persons or organization(S).

2. Out-Going Mails: These are mails that are going out of or from the organization. The secretary or clerk in the office handles such mails with care and treats them with the urgency required. In smaller organizations, the receptionist can also see to it that such mails are handled appropriately and accountability and reference.

Examples of out-going mails are letters, parcels, computer printouts like e-mail, SMS, memos, telegrams, and other related mails.

3. Postage Book: This is a book which records accurate and full details of mails and other documents that need postage. The book contains the exact amounts of postage stamps used on the mails, date and address.

USES OF CORRESPONDENCE RECORDS

They are used:

1. For evidence of receiving and attending to mails.

2. To shoe the correct date a mail was received.

3. To record information about the content(s) of mails.

4. To show how the issue in context was handled by the organization. Tells whether an answer has been given or not.

5. To show exactly what agreement was made and the date of the decision.

6. It confirms delivery of mails.

7. It shows the origin of the mail and who or unit it was addressed to.

CLASSIFICATION OF CORRESPONDENCE RECORDS

Inward Book or Inward Register

Outward Book or Outward Register

Dispatch Book

7 0
3 years ago
A retailer spends a $500 per month to keep its online shop active and updated. The store acquires shirts at a cost of $5 per shi
Vesnalui [34]

Answer:

100 shirts

Explanation:

Borrowing from the contribution margin concept, the level where the marginal benefit is greater than total costs is the break-even point.

Break-even point = fixed cost / contribution margin per unit.

For this retailer,

Fixed costs are $500,

The contribution margin per unit = selling price- variable cost

=$10-$5

=$5

Break-even point

= $500/$5

= 100units

3 0
3 years ago
DonutVille caters to its retirement population by selling over 10,000 donuts each week. To produce that many donuts weekly, Donu
nata0808 [166]

Answer:Flour should be acquired through a contract.

Explanation: Acquiring flour through a contact will be very important for DonutVille as it will ensure a follow-up and a feedback system where the manager of DonutVille establish a relationship with the company supplying the flour through one of its distributors or agents.

When purchasing of flour is achieved through a contact, it makes the contact a responsible person who will be needed to guarantee the supply of flour on time and to Communicate with the manager of DonutVille should there be any matters arising in the process getting supplies.

8 0
3 years ago
Due to evaporation during production, X-treme Building Styrofoam Company requires 4 pounds of material input for every 1 pounds
Butoxors [25]

Answer:

The total standard allowed input quantity given the good output produced is 15,800 pounds.

Explanation:

From the question, for every 4 pounds of material input, 1 pounds of styrofoam sheets is manufactured. This means that to produce x pound of good sheet, 4 times x material input would be required.

Therefore for the company to have produced 3,950 pounds of good sheets,

The material input

= 4 × 3950

= 15,800 Pounds

The company would have used 15,800 Pounds to produce 3950 pounds of good sheets. As such, the total standard allowed input quantity given the good output produced is 15,800 pounds.

8 0
3 years ago
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