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4 years ago

What is the purpose of the rm step, develop controls and make risk decisions?

1 answer:

5 0

The purpose is to calculate whether the risk involved is reduced to the<span> point where the benefits would outweigh the risk of loss.
In this context, RM stands for relationship management. This will help decision makers within the company to the projection of data that will happen if the company decided to choose a certain plan. The overall outlook of the possibilities will help the decision makers to choose the correct plan that is the most suitable for company's goals</span>

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If textbooks and study guides are complements, then an increase in the price of textbooks will result in

Sonja [21]

Answer:

Fewer study guides being sold.

Explanation:

The textbook and the study guides are the material or the books which help the student in order to gain knowledge by going through or study the textbook as well as the guide.

The study guide and the textbooks are complements means that the study guide is the supplement the textbooks as the study guide has the solutions for the questions of the textbooks.

But when there is increase in the price of the textbooks, the demand for the study guides will be decrease as the textbooks will not be purchased by the students which result in fewer study guides being sold in the market.

4 0

4 years ago

Which of the following is an inequality or equation that expresses a restriction in a mathematical model?a. Decision variableb.

vichka [17]

Answer:

Constraint

Explanation:

The meaning of a constraint is a guideline which has a place with recommended limits and there are four primary sorts of imperatives which are the money saving advantage relationship, materiality, industry practices, and conservatism, and these requirements are likewise bookkeeping rules which fringe the chain of importance of subjective

7 0

4 years ago

What are five basic principles found in a free enterprise system?

vesna_86 [32]

Here are the five basic principles found in a free enterprise system:
1) Governments have no control over the buying & selling of products & services. 2) The "invisible hand" of market supply and demand occurs 3) Governments may only be involved with to provide education, the army, and public health services (and other merit goods) 4) Governments may only provide public goods (such as lampposts) which bring no profit for sales people, as you cannot stop people from using those items. 5) Usually, there's a great difference in the distribution of wealth <span>
</span>

3 0

3 years ago

In 2000 Amelia was being paid $7,200 per week. The CPI was 0.418 in 2000. In 2020 Amelia found a job paying $35,000 per week. Th

AleksAgata [21]

Answer:

Explanation:

Real wage is defined as the nominal wage divided by the general price level, CPI. It is also the purchasing power of nominal wage.

Nominal wages are the wages received by a worker in the form of money.

Given:

In 2000:

Amelia nominal salary = $7,200 per week. CPI = 0.418

In 2020:

Amelia nominal salary = $35,000 per week

CPI = 2.40

Where CPI is an inflation measure.

Real salary = salary /(1 + inflation rate)

Inflation rate = (CPI2 - CPI1)/CPI1 × 100

Real salary I = salary/CPI

Real salary in 2000 = 7200/0.418

= $17224.88 per week

Real salary in 2020 = 35000/4.74

= $7384 per week

Nominal salary in 2000 compared to that in 2020,

Finding the difference = $7200 - $35000

= -$27800 per week

Real salary in 2000 compared to that in 2020,

Finding the difference = $17224.9 - $7384

= $9840.9 per week

7 0

3 years ago

4. Firm E must choose between two alternative transactions. Transaction 1 requires a cash outlay of $9,000; this expense would b

Pie

Answer:

a. Transaction 1

It is not deductible so the Taxable income is $9,000

Transaction 2

It is deductible, taxable income would be;

= 13,500 * ( 1 - Tax)

= 13,500 * ( 1 - 20%)

= $10,800

b. Transaction 1

It is not deductible so the Taxable income is $9,000

Transaction 2

It is deductible, taxable income would be;

= 13,500 * ( 1 - Tax)

= 13,500 * ( 1 - 40%)

= $8,100

8 0

4 years ago