Back-office operations deal directly with the customer. true false

Assume that the adult population of the United States is 191.6 million, total employment is 117.6 million, and 9.4 million are u

tankabanditka [31]

Im thinking 7.9. correct me if im wrong. i think this because i took 191.6-117.6 and got 74 then divided that by 9.4 and got 7.87 and rounded to 7.9.

8 0

2 years ago

Which of the following statements is CORRECT?

Leya [2.2K]

Answer: C. The beta coefficient of a stock is normally found by regressing past returns on a stock against past market returns. One could also construct a scatter diagram of returns on the stock versus those on the market, estimate the slope of the line of best fit, and use it as beta. However, this historical beta may differ from the beta that exists in the future.

Explanation:

The beta coefficient is used by an economic entity to measure how volatile an individual stock is when such stock is being compared to the market's systematic risk.

Of the options given in the question, the correct answer is option C which states that "C. The beta coefficient of a stock is normally found by regressing past returns on a stock against past market returns. One could also construct a scatter diagram of returns on the stock versus those on the market, estimate the slope of the line of best fit, and use it as beta. However, this historical beta may differ from the beta that exists in the future"

8 0

3 years ago

Find the net price for an order of gift items with a list price $24,000 less trade discounts of 30/25/15. use the net price, com

Wittaler [7]

Price of the items = $24000
Discounts =30%, 25%, 15%.
Sale amount after discount,
100 - 30 = 70% = 0.7
100 - 25 = 75% = 0.75
100 - 15 = 85% = 0.85
Multiplying we get the discount = 0.7 x0.75 x 0.85 = 0.44625
So the net price = 0.44625 x 24000 = $10,710

7 0

3 years ago

Why net profit will be higher if increases average prices to customers?

vampirchik [111]

Answer:

Higher prices with same sales quantity will mean greater profit.

Explanation:

Let's hold some variables constant. If a business sells books, and they take the prices up, if they sell the same quantity (at higher prices) this would increase revenues. Higher revenues, less the same cost structure (variable and fixed costs) will lead to a greater profit generation. Of course in the real world, price elasticity of demand comes in play when prices are changed. If prices go up, typically sales quantity will decrease and there may be a net effect in revenue and hence profit. In the simple case where prices go up and sales quantity is unaffected, net profit will rise.

6 0

3 years ago

Which of these statements about a business plan is true?

ioda

Answer:

C. A business plan is a business’s roadmap for the future.

Explanation:

A business plan states formally the goals of the company; it shows the tasks that must be performed to reach those big goals and shows the financlal ways that could or should be used to accomplish the goals.

The business plan permits to understand how the business work and, thus, gives the basis for future actions. It is a tool of organization, direction, and communication, and the basis to develop a financial plan. In brief words: what the company wants to do and how it inteds do it.

A. Businesses do not need to document a business plan.

FALSE.

The business plan must be formal, not just an idea or view in the mind of the owners or managers, as such it must be documented.

B. Established businesses do not create a business plan.

FALSE.

Business plans change with time. As much as starting business, established business must periodically review the conditions and goals and update, or even importantly change the business plan.

C. A business plan is a business’s roadmap for the future.

TRUE.

Business plan gives direction, the ways to reach the goals, the tasks to be performed.

D. A business plan guarantees a business’s success.

FALSE.

Success is never guaranteed. Risk is intrinsic to all the human activities. Complexity of human interactions and changing circumstances do not permit to guarantee that a plan guarantees the success. That is why business plans must be revised and ajusted or changed to adapt the goals and the actions to be the most sucessfull possible, but without guarantees.

6 0

3 years ago